Korean unicorns winning talent war against global IBs

Korean unicorns winning talent war against global IBs

South Korean unicorn startups are soaking up talent from global investment banks (IBs) and brokerage houses. Junior and senior financial market spec...

Delivery Hero sells Yogiyo to GS Retail, Affinity-led group

Delivery Hero sells Yogiyo to GS Retail, Affinity-led group

Germany’s Delivery Hero SE has signed an agreement to sell South Korea’s second-largest food delivery platform Yogiyo to a consortium of...

Mubadala joins GS-led group to buy Korean botox maker

Mubadala joins GS-led group to buy Korean botox maker

Abu Dhabi’s sovereign investor Mubadala Investment Co. joined a consortium led by South Korean GS Group to acquire the country’s top bot...

Hyundai Heavy to reposition as tech platform for vessels

Hyundai Heavy to reposition as tech platform for vessels

Hyundai Heavy Industries Group is making big steps forward to transform itself as a platform business in the global shipbuilding sector. According t...

NCSoft to launch Lineage W, first game with priority on global users

NCSoft to launch Lineage W, first game with priority on global users

South Korea’s leading game developer NCSoft Corp. will be launching its latest massively multiplayer online role-playing game (MMORPG), Lineag...

Global carmakers to speed up EV push as governments pressure harder

Global carmakers to speed up EV push as governments pressure harder

US and European governments are pressing harder with tough regulations to expand electric vehicles (EV) adoption for cutting emission. Global automa...

LG Group to put facility management unit of S&I Corp. up for sale

LG Group to put facility management unit of S&I Corp. up for sale

South Korea’s LG Group will put the facility management division of its affiliate S&I Corp. up for sale amid talk that a sale of the unit ...

Korean companies’ race heats up in $2.8 tn global wind farm markets

Korean companies’ race heats up in $2.8 tn global wind farm markets

The global offshore wind power generation equipment market is heating up with cut-throat competition among South Korean companies. The country&rsquo...

Tourism, aircraft take bulk of 2020 alternatives loss

Tourism, aircraft take bulk of 2020 alternatives loss

South Korea's eight leading brokerage companies, including Mirae Asset Securities Co. and Hana Financial Investment Co., are estimated to have booke...

Netmarble bets $2.2 bn on global social casino game market

Netmarble bets $2.2 bn on global social casino game market

South Korean game developer Netmarble Corp. decided to buy the world’s No. 3 social casino game publisher SpinX Games for $2.2 billion, bettin...

Korea’s Samyang to manage 30% assets globally by 2025

Korea’s Samyang to manage 30% assets globally by 2025

Samyang Group, a South Korean food and chemicals producer, aims to manage 30% of its total assets overseas by 2025, while fostering nutrition, medic...

Canada’s CPPIB promotes Suyi Kim to global head of private equity

Canada’s CPPIB promotes Suyi Kim to global head of private equity

The Canada Pension Plan Investment Board (CPPIB) has named Suyi Kim, its Asia head, as the global chief of its private equity business, effective Se...

Shinsegae enters alternative meat market with own brand

Shinsegae enters alternative meat market with own brand

South Korea’s retail conglomerate Shinsegae Group’s food affiliate Shinsegae Food Inc. has entered the fast-growing alternative meat mar...

KOGAS attempts to expand LNG bunkering as global demand grows

KOGAS attempts to expand LNG bunkering as global demand grows

Korea Gas Corp. (KOGAS) aims to expand liquefied natural gas (LNG) bunkering business as global demand for cleaner fuels for ships is growing.LNG bu...

CJ Bibigo challenges kimchi leadership in Korea

CJ Bibigo challenges kimchi leadership in Korea

CJ Cheiljedang Corp. may overtake Daesang Corp.’s leadership in Korea’s packaged kimchi market for the first time in history. According ...

Krafton aims to become global content provider with $3.7 bn IPO

Krafton aims to become global content provider with $3.7 bn IPO

South Korean game developer Krafton Inc. dreams of growing into global content provider with an up to $3.7 billion fund to be raised from an initial...

GS Group invests $26 mn in Kakao Mobility

GS Group invests $26 mn in Kakao Mobility

South Korea’s GS Group has invested 30 billion won ($26 million) in Kakao Mobility Corp. to fast forward its energy unit’s transition to...

GS Energy to sell half of thermal power plant unit to IMM

GS Energy to sell half of thermal power plant unit to IMM

GS Energy Corp., an intermediate holding company of South Korea's GS Group, is in the final stages of talks to sell a 50% stake in its wholly-owned ...

Surging global used car demand brightens Hankook Tire outlook

Surging global used car demand brightens Hankook Tire outlook

The global tire industry is enjoying a boom driven by fast-growing used car demand in the world. Hankook Tire & Technology is seen as a key bene...

Construction workers' fund invites bids for $25 mn infra mandate

Construction workers' fund invites bids for $25 mn infra mandate

South Korea’s Construction Workers Mutual Aid Association issued a request for proposals to commit $25 million to a global infrastructure fund...

BlackRock Real Assets makes first Korean offshore wind investment

BlackRock Real Assets makes first Korean offshore wind investment

BlackRock Real Assets, a unit of the world’s largest asset manager BlackRock Inc., has acquired a 100% equity stake in Korea Renewable Energy ...

Affinity, GS Retail likely to acquire Korean delivery platform Yogiyo

Affinity, GS Retail likely to acquire Korean delivery platform Yogiyo

A consortium led by global investment firm Affinity Equity Partners is the most likely candidate to acquire South Korea’s second-largest food ...

Samsung Next ramps up investment in NFT ventures

Samsung Next ramps up investment in NFT ventures

Samsung Electronics Co. is betting big on non-fungible token (NFT) companies through its venture capital unit Samsung Next, headquartered in Mountai...

Global EV race kicks off with key players investing $168 bn

Global EV race kicks off with key players investing $168 bn

The global auto industry is rapidly making a full-fledged shift towards electric vehicles (EVs), with the world’s five major market players, i...

Delta coronavirus variant hits global stock markets

Delta coronavirus variant hits global stock markets

Global stock markets lost ground on mounting fears over the spread of the Delta coronavirus variant. Record-breaking US shares riding on the hopes...

Fed’s Powell, BOK chief to meet during G20 gathering

Fed’s Powell, BOK chief to meet during G20 gathering

Federal Reserve Chair Jerome Powell and Bank of Korea (BOK) Governor Lee Ju-yeol will meet during a Group of 20 (G20) gathering of finance ministe...

SK Global Chemical to start plastic waste recycling business in Asia

SK Global Chemical to start plastic waste recycling business in Asia

SK Global Chemical (SKGC), a petrochemical subsidiary of SK Innovation Co., plans to build a plastic waste recycling plant in South Korea to extract...

Market Kurly makes U-turn to Korea Exchange IPO

Market Kurly makes U-turn to Korea Exchange IPO

Kurly Inc., the operator of South Korea's online grocery delivery service Market Kurly, has canceled a US listing plan to resume its domestic IPO pr...

Samsung’s LED business makes big global rebound

Samsung’s LED business makes big global rebound

Samsung Electronics Co.’s light-emitting diode (LED) business, which was almost on the verge of a shutdown due to its sluggish performance, is...

POSCO Chemical to bolster EV presence with 60,000-ton cathode plant

POSCO Chemical to bolster EV presence with 60,000-ton cathode plant

POSCO Chemical Co. will invest 600 billion won ($523 million) from 2022 to build a cathode materials plant in Pohang city with an annual capacity of...

Yonsei University: Unlikely yet adroit dealmaker in S.Korea’s M&A market S.Korea corporate law reform gains bipartisan support Hyundai Rotem seals record $6.5 bn K2 tank deal with Poland IGIS Asset resumes sale of KIC-backed Shilla Stay Seodaemun The wait is over: BTS are back with new album, global tour in spring 2026