Korea Economic Development Co-operation Fund

Lotte Group is preparing to kickstart its biopharmaceutical business as a contract development and manufacturing company (CDMO) by building a new pl...

South Korea’s major industries, especially the petrochemical and auto parts sectors, are suffering from surging global commodity prices, a wea...

Voice Caddie, a South Korean maker of golf course rangefinders and related golf products, and Daol Private Equity are jointly acquiring SuperStroke,...

South Korea’s Hanwha Systems Co. and Hanwha Aerospace Co. have invested a combined $115 million in Series B funding for Overair Inc., a Califo...

Rhee Chang-yong has made a big splash in less than two months as the Bank of Korea governor and I’m not the least bit surprised. Over the l...

For South Korea’s wireless carrier LG Uplus, Disney+ may have become more trouble than it is worth.The country’s video-on-demand over-th...

South Korea’s leading webtoon production startup Kenaz was taken over by a domestic hedge fund as it aims to reduce dependence on major platfo...

SONDERBORG, Denmark – Denmark’s eco-friendly energy system provider Danfoss has made inroads into South Korea, installing its energy-eff...

SK Innovation Co. announced Tuesday it will inject $30 million into Brooklyn-based Amogy Inc. The intermediate holding company of SK Group and ...

SEOUL—The U.S. and South Korea are responding to North Korea’s unprecedented number of missile tests this year with a greater show of ...

SV Investment, a South Korean venture capital and private equity firm, is looking to launch a $100 million bio fund in the US as a growing number of...

Mirae Asset Securities Co. announced Thursday it has developed the prototype for the world’s first virtual trading system (VTS,) which allows ...

South Korea’s major shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME), said on Friday it will join forces with marine asset ...

LG Uplus Corp., the mobile network arm of LG Corp., is poised to strengthen its business-to-business (B2B) operations by utilizing its artificial in...

A few key institutional investors in South Korea are set to commit up to $300 million to a $3.5 billion private credit fund by US private debt man...

KT Corp., a South Korean telecom giant, plans to invest nearly $10 billion in its digital platform sector by 2026 as it aims to focus on the industr...

McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heating up the mergers an...

MILAN, Italy – South Korea’s LG Electronics Inc. will focus on upgrading its home appliance designs to reflect the latest design trends ...

South Korea has embarked on a public-private project to bolster communication security for autonomous driving, for which a domestic startup will pla...

High-yield bonds generally create greater yields than other funds, but low-quality bonds are vulnerable to economic downturns and the firms’ c...

SK Broadband Co., a South Korean internet service provider, succeeded in using quantum cryptography for the government’s backbone communicatio...

South Korea’s smaller webtoon platforms are targeting the world’s digital adult comics market, in which industry leaders Naver Corp. and...

The National Pension Service will reduce the amount of its new capital commitment to domestic private equity firms by 17% to 500 billion won ($400 m...

South Korea's early stage startups raised a record amount of funding in the last 12 months.Even though venture capital firms at home and abroad are ...

The Korea Advanced Institute of Science & Technology (KAIST), a prestigious South Korean university, has developed a highly-reliable, large-scal...

The world’s second-largest battery maker LG Energy Solution Ltd. has teamed up with two German research institutes to develop next-generation ...

QMIT Inc., the operator of athlete management platform plco, announced Tuesday that it raised 3 billion won ($2.4 million) in Series A round funding...

KT&G Corp., the world’s fifth-largest tobacco company, has sued its largest e-cigarette outsourcing firm EM-Tech. Co., claiming the co-dev...

Army of BTS, Blink of Blackpink and other global fan clubs of the world’s K-pop stars are strengthening the fan engagement platform business o...

South Korea’s shipbuilding giant Hyundai Heavy Industries Group and shipping company Hyundai Glovis Co. have joined forces to develop the worl...