Korea’s Netmarble Neo drops listing plan as sentiment sours
South Korea’s game developer Netmarble Neo decided to withdraw its initial public offering plan as sentiment in the primary market sours amid ...
Jeju as Korea's new shopping mecca: Shinsegae's task ahead
Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...
Teachers' Pension to sharply up direct global stock investment
The Teachers' Pension in South Korea has started direct investment in overseas stock markets this year and will further increase direct management t...
CJ Group Chief unveils $8.5 billion investment plans for growth
South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. as well as entertainment gia...
Supergene looks well beyond smash hit instant game OMG
Commanding more than 100 million users for a South Korean Internet social service or a mobile game is uncommon even among industry leaders.Naver Cor...
Specialty coffee brand Terarosa raises $60 mn from Unison Capital
The operator of Terarosa, known as the Blue Bottle Coffee of South Korea, has received around 70 billion won ($60 million) in funding from Unison Ca...
Korea MCN startup Treasure Hunter aims for leading K-content maker
Song Jae-yong, a leader of the new business taskforce team at South Korea’s CJ ENM Co. went to New York in 2013 to have business meetings for ...
K-pop stars see huge capital gains from stock options
Executives and employees of top K-pop agencies such as SM Entertainment Co. and YG Entertainment Inc. are expected to earn huge capital gains from...
K-pop fan engagement platform DearU prices IPO above range
DearU Co, a K-pop fandom platform in South Korea, priced its initial public offering above the price range on Thursday thanks to heated demand. The ...
NPS to up strategic partnerships with global institutions
The National Pension Service (NPS) will increase strategic investments with leading global institutional investors to boost overseas alternative inv...
Goldman picks three key factors for alternative investment
A number of clear trends will play out for alternatives in the future, notably digitization, customization, and values-based investing, Goldman Sach...
BTS drops Sony for Universal
The world’s biggest boy band is joining forces with the world’s largest music company.South Korea’s BTS has agreed to a ...
AgTech attracts global billionaires’ investment
Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos and Softbank Group founder Masayoshi Son have recently shown a common interest in a surpr...
Masayoshi Son to bet $170 mn on Naver metaverse platform
Softbank Group founder Masayoshi Son is slated to bet $170 million on Naver Corp.’s metaverse platform. The investment is expected to help Nav...
Tesla’s shift to LFP cells to shake global battery industry
Tesla Inc.’s shift to less expensive batteries for its electric vehicles is expected to shake the global battery industry.The world’s to...
K-pop copyright trading platform Musicow prepares for IPO
Musicow Inc., South Korea's first music copyright trading platform, has embarked on the process to go public on the back of its eye-catching growth ...
S.Korean companies stockpile record-level dollar holdings
South Korean companies have built up their dollar holdings to record levels, following record-breaking shipment growth this year, as rising raw mate...
Hyundai Glovis to build hydrogen supply chain with Air Products
Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, agreed to set up a liquid hydrogen supply chain with Air Products, the world’s la...
FNC Entertainment next in line for global success, shares surge
Shares of FNC Entertainment Co., a mid-size South Korean entertainment agency, are surging on expectations that offline concerts will soon resume wi...
Korean OTT platform TVing to go abroad with Naver's LINE
South Korea's over-the-top (OTT) streaming platform TVing Co. will make its inroads into Japan and Taiwan next year and into the US in 2023, tapping...
Hyundai Motor wins triple crown of world rally championships
South Korea’s Hyundai Motor Co. has won the triple crown of the world’s three motorsport events – the FIA World Rally Championship...
Yet another Netflix hit lifts Korean content stocks even higher
South Korea’s major content production houses’ stocks rallied again on the success of yet another Netflix hit drama series, My Name.Shar...
DearU: A K-pop fan engagement platform success story
No company would know better than DearU Inc. that powerful fandom can turn into fast money.The South Korean startup that started as a software devel...
S.Koreans' global stock, bond holdings at record high
South Korean investors maintained their buying spree in overseas equities and bond markets, with the balance of their holdings in both securities re...
Blind pool funds eclipse project funds for Korean asset managers
A growing number of South Korean asset management firms are preparing to launch their own blind pool funds for global real estate investments, which...
Won hits 15-month low as global inflation woes spur equity outflow
The South Korean won weakened past the psychologically important 1,200 per dollar mark for the first time in 15 months as growing worries about glob...
S.Korean heavy equipment makers ride global raw materials boom
The surging demand for raw materials around the world are driving sharp sales rebounds of South Korea’s two leading equipment makers Hyundai C...
Samsung, SK Hynix to pay corporate taxes to foreign countries
South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...
Hanwha to raise $503 mn to expand China PVC production
South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world&rsq...
Merchant liner SM Line to list on Kosdaq in November
South Korea’s merchant liner SM Line Corp. is set to become a publicly-traded company in November. SM Line has submitted its securities regist...
