South Korean stocks rebound but still on rollercoaster

South Korean stocks on Tuesday recouped some of their hefty losses caused by the previous day's global panic selling after financial authorities iss...

HI Investment & Securities changes its name to iM Securities

HI Investment & Securities Co. was rebranded as iM Securities after it held an extraordinary shareholders' meeting at its headquarters in Yeouid...

South Korean beauty device makers bulk up through M&As

South Korean beauty device manufacturers are aggressively pursuing mergers and acquisitions both at home and abroad to expand their scale, diversify...

Korean e-commerce platforms struggle to draw new capital

South Korean online marketplace operators are struggling to attract investors amid deteriorating profitability and the financial turmoil facing dome...

MLOps startup Vessl AI eyes 50% sales from US in 2025

Vessl AI, a South Korea-native MLOps platform-operating startup, is envisioning a takeoff in the US next year after building a concrete client base ...

Korean shipbuilders in talks for $3.3 bn Qatar LNG tanker deals

South Korean shipbuilders are in talks with Qatari state companies for an estimated $3.3 billion in deals to manufacture additional liquefied natura...

South Korean stock market crashes; more falls seen ahead

The South Korean stock market was one of the worst victims of panic selling by investors fearing further negative US economic news on Monday, with t...

Macquarie buys its 1st Korean data center for $538 mn

Macquarie Korea Infrastructure Fund (MKIF) has signed an agreement to buy a 40-megawatt (MW) data center from Seoul-based IGIS Asset Management Co. ...

Korean tech stocks suffer falls despite strong Q2 results

Some 60% of the Kospi-listed companies that posted above-forecast results in the second quarter of this year have seen their share prices declining ...

GS25 to challenge Daiso in low-cost cosmetics market

South Korean convenience store chain GS25 said on Sunday it would expand the lineup of affordable and small-pack basic cosmetic products, targeting ...

Slowing economy creates opportunity for S. Korean used car sellers

South Korea’s used car sellers hope to take advantage of the slowing economic growth at home and abroad to expand their market shares.Lotte Re...

Activist fund KCGI to buy Hanyang Securities for $180 mn

South Korean private equity firm KCGI Co. is expected to acquire local brokerage house Hanyang Securities Co. for 244.9 billion won ($179.8 million)...

S.Korean stocks log largest daily loss since pandemic

The South Korean stock market dropped more than 3% on Friday to breach the psychologically important barrier of 2,700 in almost two months, after we...

Korean cosmetics, Amazon Prime Day’s top beauty products

South Korean cosmetics were top picks among beauty products of Amazon Prime members during the global leading e-commerce platform’s largest an...

Samsung invests in US AI security startup Protect AI

Samsung Venture Investment Corp., Samsung Electronics Co.'s venture capital firm, has invested in Protect AI Inc., a US startup offering a security ...

S.Korea, China's technology leak, anti-dumping disputes surge

South Korean companies are getting tough on anti-dumping and patent infringement cases as they feel threatened by the intensifying price competition...

LG Display to sell its last LCD plant to CSOT for $1.5 bn

South Korea’s LG Display Co. plans to sell its liquid crystal display (LCD) panel plant in Guangzhou, China, to TCL China Star Optoelectronics...

BalanceHero sees record high H1 sales in India

BalanceHero, a South Korean fintech startup that entered the Indian market, announced on Friday that its sales and loan execution amounts for the fi...

S.Korea’s July household debt grows at fastest pace in over 3 years

South Korea’s household debt is expanding at the fastest pace in over three years, clouding growth in Asia’s fourth-largest economy and ...

Korea Investment manages Vista Land $50 mn global bond issuance

Korea Investment & Securities Co. announced on Thursday that its Hong Kong subsidiary KIS Asia managed the issuance of $50 million in global bon...

LG CNS gears up for 2025 IPO with $5.1 billion in enterprise value

LG CNS Co., the information technology service unit of South Korea’s LG Group, is gearing up for an initial public offering early next year, o...

Hyundai Engineering gets Hillsboro solar power plant rights

South Korea's Hyundai Engineering Co. announced on Thursday that it acquired a 260 MW Hillsboro Solar Power Plant project from OCI Energy. This is H...

Woori Financial Group relaunches brokerage arm

Woori Financial Group has returned to South Korea’s brokerage service market after a decade with the launch on Thursday of Woori Investment &a...

SoftBank-backed Tridge in trouble amid Korean startup doom

Tridge Co., South Korea’s first agricultural product and food trading platform operator invested in by SoftBank Group Corp., is in financial t...

Korean commercial real estate market to show slow recovery in H2

South Korea’s commercial real estate market will post a slow recovery in the second half of this year due to rate cut delays and no big correc...

Shinsegae Factory Store to enter Laos in 2025

South Korea's Shinsegae Department Store announced on Wednesday that its off-price retail chain, Shinsegae Factory Store, will expand its global foo...

Toss Securities to establish New York subsidiary

South Korea's Toss Securities will establish a subsidiary in New York, the US to to expand its overseas business. The company announced on Tues...

Samsung SDI’s Q2 profit drops on sluggish European EV sales

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, saw its second-quarter operating profit plunge from the year-earlie...

NCSOFT invests in Swedish game startup Moon Rover Games

NCSOFT Corp., a South Korean game developer, said on Tuesday it has made an early stage investment of $3.5 million in Swedish game startup Moon Rove...

Kyochon Chicken opens first store in Vancouver

South Korea's fried chicken chain Kyochon F&B announced on Tuesday that it opened its first store in Vancouver, Canada.Kyochon F&B opened Ky...