Market boom drives more S.Koreans to become angel investors

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

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...

Korean startup FuriosaAI's Warboy overtakes Nvidia

Korean startup FuriosaAI's Warboy overtakes Nvidia

South Korea-based artificial intelligence semiconductor startup FuriosaAI Inc.'s silicon chip has delivered higher performance than the US-based chi...

Cosmetics startup Birdview readies for 2022 listing

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

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 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...

Hyundai Heavy IPO creates largest shipbuilder on Kospi

Hyundai Heavy IPO creates largest shipbuilder on Kospi

Hyundai Heavy Industries Co. successfully went public on Sept. 17 by closing at almost double its IPO price. The stock price closed at 111,500 won (...

Samsung C&T, S-Oil in hydrogen transport partnership

Samsung C&T, S-Oil in hydrogen transport partnership

Samsung C&T Corp., the construction and trading arm of Samsung Group, has tentatively agreed with S-Oil Corp. to cooperate in securing overseas ...

Korean startup closer to winning Touch ID patent dispute with Apple

Korean startup closer to winning Touch ID patent dispute with Apple

South Korea's Firstface Co. has inched a step closer to winning its patent dispute against Apple Inc., after a US federal appeals court ruled in fav...

KB Fin, Shinhan invest in Sweden's wind farm via joint fund

KB Fin, Shinhan invest in Sweden's wind farm via joint fund

South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...

Korea’s Halla to enter EV battery materials business

Korea’s Halla to enter EV battery materials business

South Korea’s auto parts supplier Halla Holdings Corp. is making inroads into the electric vehicle battery materials business.Halla said on Se...

Korean EV startup makes highest bid for Ssangyong Motor

Korean EV startup makes highest bid for Ssangyong Motor

South Korea's electric vehicle and battery startup EL B&T has offered the highest price of around 500 billion won ($430 million) for debt-laden ...

Industrial Bank of Korea to sell $500 mn bond at lower cost

Industrial Bank of Korea to sell $500 mn bond at lower cost

Industrial Bank of Korea (IBK) is slated to raise $500 million in dollar corporate bond at a lower-than-planned cost on strong demand.IBK decided to...

SIA analyzes satellite data for companies, government and ESG

SIA analyzes satellite data for companies, government and ESG

There are about 2,000 satellites in space, orbiting the earth and generating countless images without being confined to geographical boundaries. And...

High-priced drugs add to pressure for Korea's healthcare reform

High-priced drugs add to pressure for Korea's healthcare reform

A number of new rare disease treatments, approved in South Korea over the past year, are still unaffordable for the public because of their price ta...

North Korea fires two ballistic missiles off its East Coast

North Korea fires two ballistic missiles off its East Coast

SEOUL—North Korea launched two ballistic missiles off its east coast on Wednesday, South Korean and Japanese officials said, in Pyongyang&rs...

Asia’s Covid-19 Success Stories Warily Ponder Post-Vaccination Moves

Asia’s Covid-19 Success Stories Warily Ponder Post-Vaccination Moves

Earlier this month, Singapore reached a Covid-19 milestone: The fully vaccinated portion of the population crossed 80%. But instead of moving ahead wi...

IB firms enter tough race for SSG.COM IPO underwriting deal

IB firms enter tough race for SSG.COM IPO underwriting deal

The race to become the lead underwriter for the IPO of Shinsegae Group’s e-commerce brand SSG.COM is getting fierce. A total of nine instituti...

S.Korea fines Google $180 mn for operating system market abuse

S.Korea fines Google $180 mn for operating system market abuse

South Korea's Fair Trade Commission (FTC) on Tuesday imposed a fine of 207.4 billion won ($180 million) on Google, alongside a correction order, aft...

Tech crackdown bites Korea Inc.

Tech crackdown bites Korea Inc.

Investors are selling technology stocks in a major Asian economy on regulatory worries just as one of the country’s biggest online payment com...

Millennials now S.Korea’s largest buyer of luxury goods

Millennials now S.Korea’s largest buyer of luxury goods

The millennials have become the largest spenders on luxury goods at department stores in South Korea. According to joint research by The Korea Econo...

S.Korea's potential growth rate drops to record low

S.Korea's potential growth rate drops to record low

The COVID-19 pandemic has dampened South Korea's growth potential between this year and the next by 0.2 percentage points to its historic low of 2.0...

Korea refiners' recovery accelerates on strong margins

Korea refiners' recovery accelerates on strong margins

South Korean refiners are gathering recovery momentum as refining margins hit a two-year high on falling petroleum product supply from China and r...

Hydrogen: Next big thing for stock investors in Korea

Hydrogen: Next big thing for stock investors in Korea

In 2009, battery makers were barely on the radar in South Korea when it comes to stock investment. Back then, the rechargeable battery industry was ...

Korea content platform startup to buy Getty Images unit

Korea content platform startup to buy Getty Images unit

A South Korean content platform startup OGQ Corp. is set to take over the world’s leading stock content company Getty Images Inc.’s unit...

Korea postpones forex bond sale to October

Korea postpones forex bond sale to October

South Korea’s government delayed a sale of foreign exchange stabilization fund bonds to next month, disrupting local companies’ plans to...

Ruling party calls for BOK's active role to aid COVID victims

Ruling party calls for BOK's active role to aid COVID victims

South Korea's ruling Democratic Party has called on the Bank of Korea (BOK) to take a more active role to aid pandemic-hit small business operators ...

Korea silicon anode materials makers to see quantum leap in demand

Korea silicon anode materials makers to see quantum leap in demand

The global silicon-based anode materials market is gathering momentum as demand is expected to outpace supply on increasing production of electric v...

Korea’s Simone: Rise from replica handbag maker to luxury brand

Korea’s Simone: Rise from replica handbag maker to luxury brand

UIWANG, Gyeonggi Province – Simone Acc. Collection Ltd., a South Korean luxury handbag maker, stresses one interesting number to its clients w...

Korea’s Genome & Company aims US CMO market

Korea’s Genome & Company aims US CMO market

South Korea’s microbiome medicine developer Genome & Company geared up for entering the U.S. market to boost profits and make inroads into...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race