Woori Bank expands services for foreign customers in S.Korea

Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open o...

CJ OnStyle, Amazon support K-beauty to enter US market

CJ Onstyle, the at-home TV shopping and e-commerce brand of South Korea’s content and commerce powerhouse CJ ENM Co., said on Thursday th...

Korea Investment Corp. appoints Park Il Young as its new CEO

South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive ...

Near Brain gives hope to millions of stroke patients worldwide

Strokes are the second leading cause of death and the third leading cause of disabilities globally, according to the World Health Organization.To fi...

MBK ups Korea Zinc bid price as management feud intensifies

North Asia-focused private equity firm MBK Partners Ltd. has raised its bid price to take control of Korea Zinc Inc. by 13.6%, increasing the cost f...

S.Korea’s T’way Air to introduce A330-900 Neo aircraft

T'way Air Co. announced on Thursday that it will gradually introduce five new Airbus A330-900 Neo aircraft starting next year.T’way recently s...

Korea Securities to expand its ultra-high net worth business

Korea Investment & Securities announced on Thursday that it has signed a memorandum of understanding (MOU) with Arceon Group to strengthen its o...

Influencers wield greater marketing power in S.Korea

Merch reliance on digital content creators for marketing is on the rise in South Korea, allowing some influencers to enjoy handsome earnings from em...

Korea Zinc to sell $301 mn in CPs amid management feud with MBK

Korea Zinc Inc., the world’s top zinc and lead smelter, is set to sell 400 billion won ($300.9 million) in commercial papers, its first fundra...

SK Shieldus, Verizon form strategic partnership

South Korea's SK Shieldus Co. said on Wednesday that it entered a strategic partnership with the US-based telecom company Verizon.Under this partner...

LG Electronics launches Global Heat Pump Consortium

LG Electronics Inc. said on Tuesday it launched a Global Heat Pump Consortium to strengthen cooperation on heating, ventilation, and air condition...

KRX launches Korea Value-up Index featuring 100 best practice firms

South Korea’s securities exchange operator, Korea Exchange, launched a new corporate value-up index on Tuesday, a key plank for the government...

South Korea Can Go Only So Far Copying Japan’s Market Reforms

South Korea is taking a page from Japan to boost its stock market. There are certainly some low-hanging fruits to pick, but the country’s larg...

Airbnb Korea to evict listings not submitting business license

Airbnb Korea announced on Tuesday that it will require new listings on the platform to submit business registration information and a business licen...

Korea’s Hana Financial Group targets foreign customers

Hana Financial Group, South Korea’s third-largest financial holding company, is targeting foreign individual customers in the country with a d...

Korea’s MeatBox to go public despite other failed grocery platform IPOs

MeatBox Global Inc., South Korea’s online livestock product sales platform operator, aims for an initial public offering valued at up to 28.5 ...

South Korea's hy to export Helicobacter Project Will to China

South Korea's hy, formerly known as Korea Yakult and a leader in dairy products, said on Monday that it started exporting its fermented milk product...

Hanwha, LG to support Korea Zinc in battle against MBK

South Korea’s Hanwha Group and LG Group are likely to help Korea Zinc Inc. fight against a takeover by MBK Partners Ltd. as the private equity...

Samjong KPMG reappoints CEO Kim Kyo Tae for 4th term

Kim Kyo Tae on Friday was reappointed to a fourth term as chief executive of Samjong KPMG, announced the South Korean unit of the global audit and a...

Race to win tableside ordering market heats up in Korea

Baemin, South Korea's top food delivery platform, and the country’s leading travel and accommodation booking platform operator Yanolja Co. hav...

Korea Zinc teams up with brokerage firm to counter MBK

Korea Zinc Inc. Chair Choi Yun-birm has joined hands with a major local securities firm in a counterattack against MBK Partners Ltd. and the company...

MBK not to sell Korea Zinc to China after tender offer

MBK Partners Ltd. does not plan to sell Korea Zinc Inc., the world’s largest zinc and lead smelter, to China if MBK's takeover bid of up to 2 ...

Mirae Asset named as Best Securities House in S.Korea by Euromoney

Mirae Asset Securities announced on Thursday that it has been named “Best Securities House in South Korea” at the Euromoney Securities H...

SK Hynix shares nosedive after Morgan Stanley downgrade

The share price of SK Hynix Inc. plummeted as much as 11% at one point on Thursday after Morgan Stanley sharply cut its target price in an about-tur...

LX Pantos founder’s son sells shares to LX International for $37 mn

The only son of LX Pantos Co.’s late founder has unloaded his additional shares in the company to South Korean logistics-to-trading conglomera...

Rising overseas trips to raise Korea’s travel account deficit

Demand for overseas travel among South Koreans during the upcoming holiday grew, while the number of inbound tourists from China is expected to shri...

HYBE shares fall after NewJeans demand Min's reinstatement

HYBE Co. has suffered a fall of its share price for two consecutive days after its popular girl group NewJeans demanded their former creative direct...

MBK, Young Poong seek $1.5 bn hostile bid for Korea Zinc

MBK Partners Ltd., the North Asia-focused private equity firm, is set to take over Korea Zinc Inc. through an up to 2 trillion won ($1.5 billion) ho...

Doosan completes high-end copper foil plant in Gimje, Korea

South Korea's Doosan Corp. completed the construction of a high-end copper foil plant to produce materials widely used in automotive electronic comp...

South Korea scraps anti-nuclear policy with approval of two nuclear plants

South Korea has approved the construction of two nuclear power plants, officially ending its anti-nuclear policy pursued by the previous Moon Jae-in...