Hana buys Osaka logistics center for about $140 mn
South Korea's Hana Alternative Asset Management Co. has beat 16 Japanese bidders to acquire a logistics center in the port of Osaka, Japan for ¥...
HYBE x McDonald’s: The BTS Meal launches globally
McDonald’s has launched The BTS Meal on May 26 in the first selected group of 12 markets including Brazil, Canada and the US. The BTS meal is ...
Hyundai Motor’s new XCIENT truck raises hydrogen game in Europe
South Korea’s top automaker Hyundai Motor Co. has unveiled an upgraded version of its fuel cell truck XCIENT, turning up the heat on rivals in...
Hanwha Aerospace in $320 mn deal to supply aircraft engine parts to GE
Hanwha Aerospace Co., a unit of South Korean conglomerate Hanwha Group, has won a $320 million deal to supply aircraft engine parts to General Elect...
Concurrent deal closings by Kakao, Naver: Mere coincidence?
Early this month, when Anchor Equity Partners was in intense negotiations with Kakao Corp. over the terms of its 600 billion won ($530 million) inve...
Chat fiction app operator eyes global expansion, webtoon market
As smartphones have become essential to everyday life, chat fiction -- storytelling in the form of fictional text messaging -- has become popular am...
Hanwha, KAIST to co-launch space research center
Hanwha Group will launch space technology research and commercial projects together with South Korea’s top science and engineering university,...
Korean pension funds eye non-core global real estate
South Korea's Government Employees Pension Service (GEPS), Public Officials Benefit Association (POBA) and Military Mutual Aid Association (MMAA) ar...
Samsung to invest $151 bn in foundry by 2030, up 28.5% from initial plan
Samsung Electronics Co. will invest 171 trillion won ($151 billion) by 2030 to take over the global foundry leadership from its archrival TSMC. The ...
S.Korea: 11th in global export market for top-ranked items
South Korea ranks 11th in global export market shares with 69 top-ranked items -- reaching an all-time high In 2019, South Korean products ranked 1...
Korean investors in renewed push for global property deals
South Korea's IGIS Asset Management Co. and Hana Financial Investment Co. have acquired a 49% stake in the headquarters of the US mortgage lender Fa...
Korean pharmas may turn into global vaccine makers on Biden remarks
South Korea’s biosimilar and pharmaceutical companies are looking at a growing chance of emerging as a global hub for manufacturing vaccines f...
Incheon Int'l Airport raises $300 mn in first global bond sale
South Korea's government-owned Incheon International Airport Corp. has raised $300 million in its first global bond sale to ease financial difficult...
Lotte Chem eyes global EOA leadership with capacity expansion
Lotte Chemical Corp. plans to further expand the production line for ethylene oxide adduct (EOA), a specialty material used in the construction indu...
Korean govt pension to commit $105 mn to 3 global infra funds
South Korea's Government Employees Pension Service (GEPS) will commit $105 million to three global infrastructure funds this year, targeting a net i...
Korea’s Netflix blockbuster Space Sweepers receives global viewership
Described as "South Korea's first space-set blockbuster," Netflix's film Space Sweepers is receiving considerable viewership globally, joining a gro...
Doosan sets sights on hydrogen business as future growth engine
South Korea’s Doosan Group has launched a task force to foster its hydrogen fuel cell business as one of its key growth drivers.The heavy mach...
Doosan Infracore to build 15,000 forklift engines for China’s Linde
Doosan Infracore Co., a leading South Korean heavy machinery and construction equipment maker, has won an order to build 15,000 forklift engines fro...
SK E&S seeks global IB to raise up to $3 bn in 2021
SK E&S Co. will hire a global investment bank to launch the process of raising 2 trillion-3 trillion won ($2 billion-$3 billion) in new capital ...
Korean content shares soar as platforms eye overseas expansion
Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...
Brokerage firms enjoy rising bets on global derivatives
South Korean brokerage houses enjoyed a bumper year in 2020 with a record fee income from global derivatives trading, driven by retail investors' ve...
Global infra boom revives S.Korea’s heavy equipment sector
South Korea’s heavy machinery manufacturers are making a strong start this year, reporting the highest first quarter revenue figures since 201...
Hyundai Engineering seeks Q3 IPO; seen as precursor to group revamp
Hyundai Engineering Co., an unlisted construction affiliate of the Hyundai Motor Group, is seeking an initial public offering on the Korean bourse, ...
NHN joins race for top spot in global webtoon market
South Korean content platforms' appetite for webtoons remains strong as major players such as Naver Corp. and Kakao Corp. further ramp up their webt...
Samsung Heavy sets new global record with $2.5 bn order
South Korea’s Samsung Heavy Industries has landed an order to build 20 very large container ships (VLCS) at 2.8 trillion won ($2.5 billion), t...
Korea's global real estate fund investors brace for losses
The combined balance of overseas real estate investment funds sold in South Korea saw a drop in their net asset value below the original value by 40...
Global law firms in Korea hunt for talent amid growing outbound M&As
Leading international law firms with offices in South Korea are gearing up for growing legal service demand from local companies in their push for m...
S.Korean mold makers target global leadership with record exports
South Korea’s die and mold industry reported another year of export growth last year, fueled by record-high volume to North America, and maint...
COEX to run Vietnam’s No.2 convention center as MICE industry takes off
The Korea International Trade Association (KITA) and its exhibition operating unit, the Convention & Exhibition Center (COEX), will run Vietnam&...
Qualcomm chip shortage may squeeze global smartphone production
The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world. ...
