S.Korea shows rare unease against US request for Samsung data

The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...

Korea benchmark bond yield near 2-1/2-year high

South Korea’s benchmark bond yield hit the highest level in about two and a half years as expectations of tighter monetary policies at home an...

China, Japan, Korea race for wafer capacity expansion

China, Japan and South Korea are racing for expanding wafer production as surging chip demand and increase in semiconductor makers’ capacity t...

Food triggers next phase of global K-culture craze

The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...

Korea's first-generation platforms collapse, ringing in new e-commerce era

South Korea's first-generation e-commerce platforms, which have been around since the 1990s, are rushing to sell off their businesses as their valua...

Toss Bank debuts amid government's tightening of loans

South Korean government’s toughening stance on household loans is having a direct impact on the fast-growing internet banks in the country. Th...

Korea Inc emerges as big buyer in global M&A market

South Korean companies are emerging as big buyers in the global mergers and acquisitions (M&A) markets. They are actively looking for future gro...

Private equity exits tipped to lead S.Korea's Q4 M&A market

South Korea's M&A market, which has enjoyed record levels of activity so far this year, is expected to remain buoyant for the remainder of the y...

Morgan Stanley remains top advisor for S.Korea Q3 M&As

Morgan Stanley remained the top M&A advisor in South Korea in the third quarter of this year, according to data compiled by market tracker FnGui...

Kakao Mobility: Unravelling Korea’s astounding growth in mobility sector

It wouldn’t be an exaggeration to say that South Korea’s mobility sector has undergone a period of rebirth in 2015 when the country&rsqu...

China power crisis, US tightening chill sentiment on Korea IT sector

Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...

Korea’s NFTBank to launch NFT funds this year

The global market of non-fungible tokens (NFTs), blockchain-based tokens, which each represent a unique asset such as a piece of art, digital conten...

Korea needs to expand investment in ASEAN, import good products more

The Association of Southeast Asian Nations (ASEAN) is South Korea’s largest source of trade surplus. The Northeast Asian country generated $34...

POSCO hires ex-US envoy on N.Korea Stephen Biegun as adviser

South Korean steel giant POSCO has hired Stephen Biegun, former US deputy secretary of state, as its adviser for its American business.POSCO America...

Capstone Partners: Korea's 'guardian angel' for early-stage startups

In 2018, a South Korean food startup GoPizza Co. was on the brink of shutting down. Lim Jae-won, GoPizza's founder, had launched the business with a...

Korea stocks, won tumble as foreigners dump $1 bn in equity futures

South Korean stocks and the won currency lost ground with the main Kospi ending below the 3,100 mark for the first time in five weeks as foreign inv...

Time to invest in luxury hotels in Korea: JLL executive

The COVID-19 pandemic has been particularly hard on the hotel industry, exposing it as one of the most vulnerable to the crisis amid the global lock...

BTS heads to LA for first live concert since COVID-19

BTS will travel to Los Angeles in November for its first live concert since the outbreak of the COVID-19 pandemic. BTS said on Sept. 28 on its offic...

StockX enters Korea's resale market, poses threat to domestic platforms

The rapid growth of the resale scene in South Korea has driven the world’s No. 1 resale platform, StockX, to venture into the country, signali...

Korea property startup Kasa to launch exchange in Singapore

Kasa Korea Co., a property investment platform, is set to expand its services to help global users invest in real estate in the world by obtaining l...

Korean MZers become world's biggest spenders on mobile games

South Korean millennials and Gen Zers have become the world's biggest spenders on mobile games with the MZers accounting for over 90% of domestic mo...

Korea Zinc expands from smelter to hydrogen, battery materials maker

Korea Zinc Co., the world’s largest lead and zinc smelter, plans to add a couple of new sectors to the list of its new growth drivers: green h...

Batteries, chips strengthen US-Korea economic ties

Battery and chip industries are reinforcing economic cooperation between the United States and South Korea, expanding their ties focused on security...

S.Korea plans to tighten ability-to-repay rules

South Korea's new household lending rules, set to be unveiled next month, will center on tightening the assessment of borrowers' repayment capabilit...

Market boom drives more S.Koreans to become angel investors

Angel investing has become widely prevalent among South Koreans. The practice of providing capital for new and small business ventures, which were t...

Korea’s top cryptocurrency exchange operator becomes decacorn

Dunamu Inc., the operator of South Korea’s top cryptocurrency exchange Upbit, became a decacorn, a company valued at over $10 billion.Dunamu h...

Cosmetics startup Birdview readies for 2022 listing

South Korea-based Birdview, the operator of leading cosmetics platform Hwahae, is aiming to make a trading debut as early as the first half of nex...

Fried chicken chain BHC to pay $255 mn for Outback Steakhouse Korea

South Korea’s No. 2 fried chicken brand BHC Group is set to spend $255 million to acquire the Korean operations of Outback Steakhouse, an Aust...

Brookfield to name Hahn & Co exec as Korean office head

Brookfield Asset Management Inc. will name Jun Park, a top manager of Seoul-based private equity firm Hahn & Co., as the new head of its South K...

Korean Air credit outlook raised, passenger traffic set to return

The credit rating outlook for Korean Air Lines Co. (KAL) and its parent Hanjin KAL Corp. has been upgraded amid expectations that passenger flights ...