Pet health: Korean genetic testing firms' new target market

Pet health: Korean genetic testing firms' new target market

South Korean direct-to-consumer (DTC) genetic testing companies are rushing to the veterinary diagnostics market where they see greater potential gr...

Temasek VC unit CEO sees recent downturn as investment opportunity

Temasek VC unit CEO sees recent downturn as investment opportunity

Vertex Venture Holdings, a venture capital unit of Singapore state investor Temasek Holdings, expects the recent global downturn to offer investment...

Ottogi launches vegan tuna on rising demand for plant-based alternatives

Ottogi launches vegan tuna on rising demand for plant-based alternatives

Veganism is one of the hottest buzzwords in the food and beverage industry this year. F&B juggernauts are racing to win the hearts and tast...

Korea airlines grounded by oil, currency, interest rates

Korea airlines grounded by oil, currency, interest rates

South Korea’s airlines are suffering from surging oil prices, a weaker won and rising interest rates as the global border reopening has yet to...

Hyundai to end hatchback coupe Veloster as Kona, Avante N favored

Hyundai to end hatchback coupe Veloster as Kona, Avante N favored

South Korea’s top automaker Hyundai Motor Co. will discontinue the production of its hatchback coupe Veloster to focus on the more popular hig...

Why India’s top talent chose S.Korea for launch of edutech startup

Why India’s top talent chose S.Korea for launch of edutech startup

TagHive Inc. is an education technology startup building a bridge between South Korea and India. The company’s founder and CEO Pankaj Aga...

LianBio teams with Korean MediRama to ease US biotechs' foray into Asia

LianBio teams with Korean MediRama to ease US biotechs' foray into Asia

  LianBio, a Nasdaq-listed biotechnology company, has joined hands with MediRama Co., a South Korean clinical development firm, to help promis...

TVing partners with Paramount Plus to challenge Netflix in Korea

TVing partners with Paramount Plus to challenge Netflix in Korea

South Korea's over-the-top streaming platform TVing Co. has partnered with global content provider Paramount Plus to challenge top OTT player Netfli...

BOK may take big-step rate hike on Fed's aggressive tightening

BOK may take big-step rate hike on Fed's aggressive tightening

South Korea’s central bank may raise interest rates more than usual to rein in inflation in Asia’s fourth-largest economy after the US F...

Lotte plans to expand bio capacity in Korea and US

Lotte plans to expand bio capacity in Korea and US

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

Korea Inc. hit by rising commodity prices, weak won, supply crisis

Korea Inc. hit by rising commodity prices, weak won, supply crisis

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

Doosan adds chip post-processing to list of growth drivers

Doosan adds chip post-processing to list of growth drivers

Doosan Group has added semiconductor post-processing services to its core businesses and plans to invest 1 trillion won ($774 million) in its microc...

Voice Caddie, Daol PE acquire US golf grip brand SuperStroke

Voice Caddie, Daol PE acquire US golf grip brand SuperStroke

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

Hanwha invests $115 mn in urban air mobility firm Overair

Hanwha invests $115 mn in urban air mobility firm Overair

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...

Korea’s new central bank head could be a game changer

Korea’s new central bank head could be a game changer

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...

Disney+ becomes white elephant for LG Uplus 

Disney+ becomes white elephant for LG Uplus 

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...

Korea webtoon startup Kenaz acquired by hedge fund

Korea webtoon startup Kenaz acquired by hedge fund

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...

Danfoss installs energy-saving heating systems in Korea's tallest building

Danfoss installs energy-saving heating systems in Korea's tallest building

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

Industrial losses balloon as Korean trucker strike enters 7th day

 Industrial losses balloon as Korean trucker strike enters 7th day

South Korea’s manufacturing sector faces ballooning losses across industries as the trucker strike entered its seventh day on Monday, disrupti...

North Korea missile tests drawing tougher response from US, South Korea

North Korea missile tests drawing tougher response from US, South Korea

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 ...

McDonald’s to sell Korea operation, heating up burger M&As

McDonald’s to sell Korea operation, heating up burger M&As

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

Startup tapped to lead S.Korea’s autonomous car security project

Startup tapped to lead S.Korea’s autonomous car security project

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

SK Broadband applies quantum cryptography to Korea network

SK Broadband applies quantum cryptography to Korea network

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

Korea's small webtoon platforms eye global adult markets

Korea's small webtoon platforms eye global adult markets

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

Naver to enter smart building market with 5G, AI robots

Naver to enter smart building market with 5G, AI robots

South Korea’s online portal giant Naver Corp. is set to enter the local smart building market with its cloud-based 5G networks and artificia...

S.Korea’s PE fundraising may fall after two-year growth

S.Korea’s PE fundraising may fall after two-year growth

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 Korean startups raise record-high Series A funding

South Korean startups raise record-high Series A funding

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 ...

Ex-footballer’s startup QMIT raises $2.4 mn in Series A

Ex-footballer’s startup QMIT raises $2.4 mn in Series A

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 sues its top contract manufacturer over patents

KT&G sues its top contract manufacturer over patents

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...

BTS' Army, Blackpink's Blink power Korea fandom platforms

BTS' Army, Blackpink's Blink power Korea fandom platforms

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...

Yonsei University: Unlikely yet adroit dealmaker in S.Korea’s M&A market S.Korea corporate law reform gains bipartisan support Hyundai Rotem seals record $6.5 bn K2 tank deal with Poland IGIS Asset resumes sale of KIC-backed Shilla Stay Seodaemun The wait is over: BTS are back with new album, global tour in spring 2026