Korea’s EV battery trio among world’s top 5; seen gaining further ground

South Korea’s three major electric vehicle battery makers have grown significantly over the past year, securing spots on the world’s top...

Korean companies sit on record dry powder, may open M&A floodgates

South Korea’s major companies are sitting on a record amount of cash reserves, setting the foundation for the merger and acquisition (M&A)...

S.Korea's stock market cap tops nominal GDP for the first time

The combined value of South Korea’s main stock market, which wrapped up last year at its highest-ever closing level, topped the country’...

Korea’s retail investors go West, eye golden ticket for big money

For South Korean stock investors, 2020 may go down in history as the year of The Great Quest for big money, and at the end of their journey they fou...

Credit Suisse retains top spot in Korea’s M&A advisory league

Credit Suisse has maintained its top position on South Korea’s M&A advisory league table in 2020, working on most of the high-profile deal...

Korea’s stock markets rise most among majors; beat S&P 500, Nasdaq gains

South Korean bourses on Wednesday wrapped up this year's trade at their highest levels of the year, rising the most among major equity markets and b...

Korea’s fried chicken brands fly high on food delivery boom

Once derided as a tomb for the self-employed due to cut-throat competition, fried chicken franchises in South Korea have emerged as a main beneficia...

Moderna deal shows Korea’s prowess as global hub for biopharma CMO

South Korea is emerging as a global hub for the contract manufacturing of biopharmaceuticals following its latest deal to procure COVID-19 vaccines ...

Korea’s liquidity-driven IPO market sets slew of fresh records in 2020

As the stock markets around the globe took a wild ride amid the pandemic in 2020, ample liquidity led to plenty of fresh records in the initial publ...

S.Korea maintains global lead in shipbuilding industry

Thanks to winning the most orders this year, South Korea’s shipbuilding industry has solidified its lead in the global shipbuilding market for...

SoftBank-backed Coupang enters Korea’s competitive video streaming arena

South Korea’s e-commerce giant Coupang Corp. has thrown down the gauntlet to compete against Netflix Inc. and other local streaming service pr...

Two US firms win $200 mn Korea Post infrastructure mandate

Argo Infrastructure Partners and Stonepeak Infrastructure Partners were chosen as Korea Post’s new overseas infrastructure investment managers...

Glenwood PE to acquire minority stake in Korea's largest beauty chain

CJ Group has selected Glenwood Private Equity as the buyer of a minority stake in South Korea’s No. 1 health and beauty store CJ Olive Young...

Korea’s retail investors shed loser image, turn pandemic into bonanza

In South Korea, as the saying goes, the stock market is at its peak if a swarm of individual investors go on a buying spree, often leading to heavy ...

Korea’s treasury yields climb on hopes of vaccines, more bond issues

South Korea’s treasury yields are heading higher as advances in vaccine development and concerns over increased government bond sales prompt f...

Korea’s cloud management firm Bespin Global considers Nasdaq listing

Bespin Global, a South Korean cloud technology consulting and management company, is considering listing its shares on the US tech-heavy Nasdaq mark...

Korea’s venture capital firms poised to grow, no bubble seen in market

Growth in South Korea’s venture capital investments has been slow relative to the pace of the country’s economic growth, creating an opp...

NPS, Korea Post back JKL Partners' $687 mn PE fund

South Korea's JKL Partners has closed a 750 billion won ($687 million) private equity fund, backed by the National Pension Service, Korea Developmen...

Korea Superfreeze readies for mass COVID-19 vaccine storage

It's a busy day at the Korea Superfreeze warehouse in South Korea's Gyeonggi province, with trucks entering and exiting the spacious 92,500-square...

Korea’s commercial law revisions irk businesses, limit top shareholders’ clout

The National Assembly on Wednesday passed a series of commercial law revisions designed to limit business owners’ clout and enhance supervisio...

Bank CEOs in Korea pick big tech as top 2021 challenge

Chief executives of banks operating in South Korea have picked the emergence of big technology companies and fintech startups in the credit market a...

Korea Post seeks two direct lending funds for $200 mn mandates

Korea Post’s savings arm plans to select two global direct lending funds focusing on North America and Europe and commit $100 million to each ...

Korea’s personal pensions gamble with risky stocks for higher returns

South Korea’s individual pension fund holders are moving their money out of banks and insurance companies into brokerages in pursuit of higher...

Carlyle in final-stage talks to buy Korea’s No. 2 bakery chain

The Carlyle Group is in final stages of talks to buy South Korea’s No. 2 bakery chain Tous Les Jours from the country’s food and enterta...

Korea’s KIP eyes Europe, China VC fund launches in 2021

Korea Investment Partners Co. (KIP), South Korea’s largest venture capital firm, is aiming to launch two overseas investment funds next year &...

Korea Inc. braces for tough year as strong KRW kicks in

South Korean exporters are bracing for a tough year with their profits poised to languish, hit by the strong won, amid expectations for a rebound in...

Venture capital investments hit all-time high in S.Korea

Venture capital investments in South Korea are seeing a speedy recovery after facing a setback earlier this year due to the COVID-19 crisis. Over th...

Dongkuk makes strongest steel bar in S.Korea

Steelmaker Dongkuk Steel Mill Co. has become the first South Korean company to develop a reinforcing bar, or rebar, that can withstand 12.2 tons per...

Korea set to overtake Japan as No. 5 exporter by 2026

South Korea is set to overtake Japan and become the world’s No. 5 export powerhouse by 2026 on grounds that the country will maintain its cu...

Tax cuts, pandemic lift imported car sales in Korea

Imported car sales in South Korea are on track to post a record high this year, benefiting from consumption tax cuts aimed at stimulating personal s...