PEs exit Korean assets at average 2.5 times purchase price

Global private equity firms, which recover their principal investment in South Korea, sell their assets for 2.5 times the purchase price on average,...
Global private equity firms, which recover their principal investment in South Korea, sell their assets for 2.5 times the purchase price on average,...
South Korea, which imposes some of the highest inheritance and gift taxes on businesspeople among the Organization for Economic Cooperation and Deve...
South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Monday that it has secured a contract for two very large ammonia...
South Korea plans to dole out harsher punishments for industrial espionage, with a proposal to triple the penalty for an overseas leak of national t...
Hyundai Motor Group will acquire lithium hydroxide, a key raw material for electric vehicle batteries, from the world’s No. 1 supplier Ganfeng...
South Korea’s top automaker Hyundai Motor Group saw its vehicle sales in Europe rise to a fresh record high in 2023, driven by sport utility v...
SAN JOSE, Calif. – Samsung Electronics Co., said on Wednesday it aims to have at least 100 million units of its flagship Galaxy line of smartp...
Woori Financial Group, South Korea’s fourth-largest financial holding company, will reinforce its wealth management service for high-net-worth...
POSCO raised $5 million in three-year green bond sales on Jan. 16 to invest the proceeds in domestic facilities, the largest steelmaker in South Kor...
The South Korean corporate bond market is taking a direct hit from growing credit crunch concerns in the country’s construction sector trigger...
South Korea'st budget carrier Jeju Air Co. announced on Monday that its most popular in-flight meals and cabin cafe items in 2023 were bulgogi deopb...
Coupang Inc., South Korea’s leading online retailer, said on Friday it will resume the same or next-day delivery service, dubbed “Rocket...
Celltrion Inc., South Korea's leading biosimilar maker, on Wednesday expressed its ambition to join the global top 10 biotech and pharmaceutical com...
LAS VEGAS -- LG Electronics Inc., the leading global home appliance maker, plans to spend more on capital expenditures, as well as research and deve...
Yen-denominated deposits in South Korea slid for the first time in eight months as local investors took profits from the recent gains in the major c...
Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group also known as Qcells in overseas market...
Samsung Electronics Co., the world’s largest maker of memory chips, smartphones and TVs, said on Tuesday its chip business losses significantl...
LAS VEGAS, NV -- Samsung Electronics Co. and LG Electronics Inc., the world’s two largest TV makers by sales, have introduced next-generation ...
HD Hyundai Heavy Industries has secured its second shipbuilding contract of the year. HD Korea Shipbuilding & Offshore Engineering, the shipbui...
South Korea bagged more than $30 billion in overseas construction orders last year for the fourth consecutive year, mainly driven by a rise in order...
Hyundai Motor Co., South Korea’s top automaker, is set to invest an additional $744 million in India for a hydrogen ecosystem to lead the futu...
South Korea’s LG Electronics Inc. announced on Friday that it signed a contract with the domestic golf service platform Smartscore to supply i...
South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) on Friday said it has secured its first order this year for two very la...
Kia EV9, the signature large all-electric sport utility vehicle (SUV) of South Korea’s No. 2 automaker Kia Corp., was named “2024 Nort...
South Korea's fried chicken chain Kyochon F&B announced on Thursday that it opened its third Kyochon Chicken store in Taiwan at the end of last ...
DN Solutions Co., formerly Doosan Machine Tools Co., is seeking an initial public offering on South Korea’s main bourse, aiming to make a Kosp...
Startups that specialize in digital healthcare, robots and artificial intelligence chips are among South Korea-based venture capital firms’ to...
Hyundai Motor Co.'s electric sport utility vehicle (SUV) IONIQ 5 has been selected as the Car of the Year 2023 in Singapore by the nation’s la...
South Korea’s consumer prices rose 3.6% this year, driven by the biggest jump in utility bills since 2010 and high inflation in agricultural p...
The number of foreign tourists visiting South Korea will exceed 10 million this year, according to the Korea Tourism Organization (KTO). Accordi...