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...
K-pop evolves far beyond Korean nationality and language
South Korean music, entertainment and content firms are undergoing a major transformation in their business model. No longer is their discovery of n...
Google’s in-app billing system ignites power play among Korean regulators
South Korea’s attempt to prohibit global app store operators from forcing certain in-app payment schemes has hit a bumpy road due to power pla...
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...
SK Hynix to set up US NAND firm led by Intel’s senior vice president
SK Hynix that took over Intel Corp.’s NAND memory chip business plans to set up a new company in the United States. Intel’s senior vice ...
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
South Korea's eight leading brokerage companies, including Mirae Asset Securities Co. and Hana Financial Investment Co., are estimated to have booke...
Kolon Industries posts strong Q2 results with growth in all key areas
Kolon Group’s industrial materials maker Kolon Industries Inc. saw a quarterly operating profit over 100 billion won ($87 million) for the fir...
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
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
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...
Lessons learned from Blackpink label's M&A flops
South Korea-based YG Entertainment Inc., the label behind popular K-pop girl group Blackpink, is pushing to sell off its profitable golf business in...
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...
Metaverse platform Maxst makes strong debut on Kosdaq
South Korea-based metaverse platform Maxst Co. made a strong debut on the country’s tech-heavy junior bourse Kosdaq on July 27 with its share ...
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...
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...
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
South Korea’s Construction Workers Mutual Aid Association issued a request for proposals to commit $25 million to a global infrastructure fund...
LG Elec to shift to 100% renewable energy by 2050
LG Electronics Inc. on Sunday unveiled a plan to make a complete transition into renewable energy for its operations both at home and abroad by 2050...
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 ...
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
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
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
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 (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
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 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 Co. will invest 600 billion won ($523 million) from 2022 to build a cathode materials plant in Pohang city with an annual capacity of...
Koh Young’s medical robot KYMERO expands foothold in Korean hospitals
Koh Young Technology Inc., Korea’s leading maker of 3D optical inspection devices used in electronics manufacturing, has further strengthened ...
SK Innovation turns to PEFs to sell stake in SK Global
South Korea's SK Innovation Co. is tapping private equity firms to sell up to a 49% stake in SK Global Chemical Co. after the chemical raw materials...
