Big Bang deregulation poised to bolster S.Korean ST market

Big Bang deregulation poised to bolster S.Korean ST market

South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...

Morgan Stanley subsidiary takes 5% stake in JYP Entertainment stock

Morgan Stanley subsidiary takes 5% stake in JYP Entertainment stock

A Morgan Stanley-affiliated asset manager has bought more JYP Entertainment shares, raising its stake to more than 5 percent.Asset management firm M...

Com2us launches RPG game ‘Heir of Light: Eclipse’ in Canada, Indonesia

Com2us launches RPG game ‘Heir of Light: Eclipse’ in Canada, Indonesia

Com2us Holdings Corp. announced on Wednesday that its new role-playing game (RPG), Heir to  Light: Eclipse, is now available on Google Play in ...

K-pop powerhouse SM to launch US office with Kakao

K-pop powerhouse SM to launch US office with Kakao

K-pop powerhouse SM Entertainment Co. and Kakao Entertainment will jointly launch an office in the US later this year to boost their global business...

LG Chem to make first domestic 6-in-1 vaccine for infants

LG Chem to make first domestic 6-in-1 vaccine for infants

South Korea's LG Chem Ltd. will produce the nation's first homegrown six-in-one vaccine for infants, something that the country is entirely reliant ...

Fractional investing to gain traction in Korea with green light from FSC

Fractional investing to gain traction in Korea with green light from FSC

Come September, South Korean investors will be able to freely and safely buy and sell fractions of artwork and even live cows just as they do with t...

Hanmi Pharm to develop obesity drug customized for S.Korean

Hanmi Pharm to develop obesity drug customized for S.Korean

South Korea's Hanmi Pharmaceutical Co. plans to develop the GLP-1 class "Epeglenatide," which it received as a technology return from Sanofi S.A., i...

Korea’s KFCC likely to see loss from London-based office investment

Korea’s KFCC likely to see loss from London-based office investment

South Korea’s Vestas Investment Management Co. is slated to sell off a London-based office tower as the property value has plunged due to rate...

POSCO Int'l wins Indonesia gas exploration project

POSCO Int'l wins Indonesia gas exploration project

South Korea’s POSCO International Corp. is poised to secure rights worth several billion dollars to explore and produce natural gas in Indones...

S.Korea relies heavily on Samsung Elec for R&D spending: FKI

S.Korea relies heavily on Samsung Elec for R&D spending: FKI

South Korea’s corporate expenditures on research and development grew 1.7 times from 2013 to 2021, much slower than such spending by the US an...

Hyundai Motor Group, Seoul Univ. to jointly develop battery

Hyundai Motor Group, Seoul Univ. to jointly develop battery

Hyundai Motor Group opened a joint battery research center at Seoul National University, marking its full-fledged foray into next-generation battery...

S.Korea to form $6.2 bn corporate venture capital fund pool by 2025

S.Korea to form $6.2 bn corporate venture capital fund pool by 2025

The South Korean government and the private sector will jointly create a corporate venture capital (CVC) fund pool worth more than 8 trillion won ($...

KT invests over $11 mn in AI software company Moreh

KT invests over $11 mn in AI software company Moreh

South Korea's KT Corp. will invest 15 billion won ($11.6 million) in Moreh, a Seoul-based artificial intelligence (AI) infrastructure software compa...

Cosmax extracts raw materials from indigenous plants in Indonesia

Cosmax extracts raw materials from indigenous plants in Indonesia

Cosmax Inc., South Korea's cosmetics original design manufacturing (ODM) company, announced on Monday that it will unveil a cosmetics raw material b...

Korea's IMM to invest $23 mn in battery parts supplier Choil Aluminum

Korea's IMM to invest $23 mn in battery parts supplier Choil Aluminum

South Korean private credit firm IMM Credit & Solutions Inc. will invest 30 billion won ($23.4 million) in Choil Aluminum Co., an EV battery com...

S.Korea proposes extended tax breaks for reshoring companies

S.Korea proposes extended tax breaks for reshoring companies

The South Korean government and the ruling party proposed longer-term tax cuts for companies that bring production back home to reinvigorate the cou...

SK Networks to acquire data management company en-core

SK Networks to acquire data management company en-core

SK Networks Co., a South Korean trading company, will acquire en-core, a data solutions and consulting firm. The strategy is aimed at strengthening ...

BTS’ Beyond the Story tops NYT bestseller list

BTS’ Beyond the Story tops NYT bestseller list

BTS' first official book "Beyond the Story: 10-Year Record of BTS", published in celebration of 10th Anniversary, topped the New York Times bestse...

KKR leads $190 mn Series C funding of fashion platform Musinsa

KKR leads $190 mn Series C funding of fashion platform Musinsa

South Korea’s leading fashion platform Musinsa said on Wednesday it has attracted 240 billion won ($189.7 million) in its Series C funding rou...

Mirae Asset’s global ETFs exceed $100 bn in net asset value

Mirae Asset’s global ETFs exceed $100 bn in net asset value

Mirae Asset Global Investments Co., South Korea’s leading asset manager, said on Tuesday its exchange-traded funds (ETFs) worldwide have surpa...

E1 to invest $75 mn in Canadian blue ammonia project

E1 to invest $75 mn in Canadian blue ammonia project

South Korea’s major liquefied petroleum gas (LPG) distributor E1 Corp. said on Tuesday its plans of investing 10 million Canadian dollars (US ...

LG Energy Solution to expands BaaS with Mintech

LG Energy Solution to expands BaaS with Mintech

South Korea's LG Energy Solution Ltd. partners with Mintech Co., a battery diagnostic solution provider, to expand its Battery-as-a-Service (BaaS) b...

Lotte Materials invests in French silicon cathode materials startup

Lotte Materials invests in French silicon cathode materials startup

Lotte Energy Materials Corp., formerly Iljin Materials and now a copper foil manufacturing subsidiary of South Korea's Lotte Chemical Corp., on Sund...

Korea Investment 1st Korean broker to sell samurai bonds

Korea Investment 1st Korean broker to sell samurai bonds

Korea Investment & Securities Co. on Friday became the first South Korean brokerage company to sell samurai bonds, raising 20 billion yen ($145 ...

BOK keeps door open for another rate hike on Fed, debts

BOK keeps door open for another rate hike on Fed, debts

South Korea’s central bank on Thursday kept the door open for another interest rate hike after leaving the policy borrowing cost unchanged for...

Samsung C&T invests $7.5 mn in Canadian low-carbon concrete firm

Samsung C&T invests $7.5 mn in Canadian low-carbon concrete firm

South Korea's Samsung C&T Corp. announced on Wednesday that it has decided to invest $7.5 million (9.8 billion won) in CarbonCure Technologies I...

SM Entertainment founder invests in Chinese drone maker

SM Entertainment founder invests in Chinese drone maker

Lee Soo-man, founder and former executive producer of South Korea's SM Entertainment Co., has reportedly made a huge investment in the Chinese self-...

SK Hynix eyes wastewater facilities sale for $770 mn

SK Hynix eyes wastewater facilities sale for $770 mn

SK Hynix Inc. is in talks with its affiliate SK REIT Co. to sell the wastewater treatment facilities within its semiconductor campus in Icheon, Gyeo...

HK inno.N releases new drug for GERD in Indonesia

HK inno.N releases new drug for GERD in Indonesia

South Korean bio-health company HK inno.N Corporation's new drug for gastroesophageal reflux disease (GERD) K-CAB has been officially launched in In...

Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022

Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022

The $711 million financing organized by Hyundai Motor Co. and LG Energy Solution Ltd. last year for their battery joint venture in Indonesia has bee...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation