Global Heat Pump Consortium

Korea’s leading firms across multiple industries, from consumer electronics to agricultural equipment, are widening the use of edge computing ...

South Korea will develop its own messenger ribonucleic acid (mRNA) vaccines by next year with plans to annually manufacture 100 million doses from 2...

Global IT giant Google is facing strong backlash from South Korean game companies angry with having to pay a 30% commission on in-app purchases whil...

A consortium led by South Korea’s GS Group is in talks to acquire a controlling stake in Hugel Inc., the country’s top maker of botulinu...

Samsung Life Insurance Co. has drawn attention from South Korean pension and savings funds with its $90 million purchase last month of a stake in Sa...

South Korea’s merger and acquisition market is heating up as both big conglomerates and promising startups seek to buy out businesses with gro...

The world’s fifth-largest tobacco maker KT&G Corporation is rapidly widening the global reach of its e-cigarette products, which have beco...

SK Group has pledged to achieve carbon neutrality prior to 2050, the year set by the United Nations (UN) to reach net-zero carbon emissions globally...

South Korea's Samsung Asset Management Co. has participated in a $12.4 billion acquisition of a 49% stake in Aramco Oil Pipelines Co., a unit of Sau...

South Korea’s chemicals and industrial materials maker Kolon Industries Inc. have added another 15,000 tons of annual capacity in its hydrocar...

Japan’s Honda Motor Co. has announced it is exiting the hydrogen fuel cell vehicle market, leaving Toyota Motor Corp. and South Korea’s ...

South Korea’s capital Seoul will be finally hosting the ABB FIA Formula E World Championship in August 2022, with BTS as the global ambassador...

Coupang Corp. has executed changes in leadership roles to focus more on overseas ventures. The company has entered Japan and Singapore this year. So...

Shinsegae is the likely winner of the eBay Korea acquisition, outplaying its rival Lotte in the prolonged race to buy the country’s third larg...

South Korea-based Brave Mobile Inc., the operator of service matching platform Soomgo, has secured 32 billion won ($28.6 million) in a Series C fund...

The global webtoon battleground between South Korea's leading platforms Naver Corp. and Kakao Corp. has expanded into Southeast Asia with each compa...

South Korea's Government Employees Pension Service (GEPS) has abandoned its onsite only due diligence requirements on alternative deals in an effort...

A consortium of three South Korean private equity firms has acquired the domestic operations of the US sportswear brand Spyder for 60 billion won ($...

Hyundai Motor Group and three other South Korean conglomerates have agreed to launch an industry-wide consultative body on hydrogen, underscoring an...

The National Pension Service has committed $100 million to a TPG consortium that recently raised $116.8 million to invest in Kakao Mobility Co., Sou...

Samsung SDI Co., one of South Korea’s top three electric vehicle battery makers, is considering launching a battery production joint venture i...

Gender-discrimination controversies are rattling South Korean retailers, with two companies recently accused of misandry in publicity campaigns. In...

HYBE Co., the global entertainment powerhouse behind BTS, has successfully closed its previously announced rights offering to raise 445.5 billion wo...

Global auto companies are moving forward with their electric vehicle (EV) and other future mobility initiatives as the global semiconductor shortage...

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 ...

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...

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...

South Korea’s Halla Group is joining the race for the purchase of auto parts supplier Hanon Systems Corp. -- a deal, if reached at the top end...

As smartphones have become essential to everyday life, chat fiction -- storytelling in the form of fictional text messaging -- has become popular am...

South Korea's Government Employees Pension Service (GEPS), Public Officials Benefit Association (POBA) and Military Mutual Aid Association (MMAA) ar...