Rosy outlook for South Korean fintech IPOs in 2025

Rosy outlook for South Korean fintech IPOs in 2025

The South Korean fintech industry, which bloomed a decade ago, is poised to take the next step for the coming 10 years after prominent players began...

India to acquire 100 units of Hanwha Aerospace’s K9 howitzers via L&T

India to acquire 100 units of Hanwha Aerospace’s K9 howitzers via L&T

India will acquire 100 units of the K9 self-propelled howitzers developed by South Korea’s Hanwha Aerospace Co. from Larsen & Toubro (L&am...

Hanjin expands GDC at Incheon Airport

Hanjin expands GDC at Incheon Airport

South Korea's Hanjin Transportation said on Monday it expanded its global distribution center (GDC) at Incheon International Airport to meet the dem...

Fleetune continues evolving for smarter route optimization   

Fleetune continues evolving for smarter route optimization   

Fleetune Inc., a South Korean transportation management service (TMS) platform-developing startup, is gearing up for a big leap next year with relen...

Hanwha Ocean, another Korean shipbuilder win $951 million WTIV deals

Hanwha Ocean, another Korean shipbuilder win $951 million WTIV deals

Hanwha Ocean Co. and another major South Korean shipbuilder have won deals worth a combined 1.4 trillion won ($951 million) to each build a wind tur...

Korean startup M&As halve in 2024 with smaller deals

Korean startup M&As halve in 2024 with smaller deals

Mergers and acquisitions of South Korean startups halved in value in 2024 as conglomerates and Big Tech firms such as Naver Corp. and Kakao Corp. sn...

Hanwha Systems to export K11's tactical control to Egypt

Hanwha Systems to export K11's tactical control to Egypt

Hanwha Systems Co., a leading South Korean defense company, said on Monday it will export fire tactical control systems of K11 Fire Direction Center...

Catchtable to offer restaurant reservation service in Japan

Catchtable to offer restaurant reservation service in Japan

Wad Corp., the developer and operator of South Korea’s most popular restaurant reservation app Catchtable, launched the beta service for off...

Hyundai Rotem delivers driverless metro cars to Taiwan

Hyundai Rotem delivers driverless metro cars to Taiwan

Hyundai Rotem Co., a South Korean rolling stock and defense equipment maker, said on Friday it held a ceremony to mark the arrival of the first ba...

Yanolja launches NOL Universe after merging OTA platforms

Yanolja launches NOL Universe after merging OTA platforms

SoftBank-backed Yanolja Co., South Korea’s top travel and accommodation booking platform operator, on Friday introduced a new platform called ...

Seoul Semiconductor wins patent lawsuit vs Signify

Seoul Semiconductor wins patent lawsuit vs Signify

Seoul Semiconductor Co., the world’s No. 3 light emitting diode (LED) display maker, said on Thursday it has won a patent litigation case agai...

SK Nexilis gets $133 mn subsidy from Poland

SK Nexilis gets $133 mn subsidy from Poland

South Korea's SK Nexilis Co., the world’s largest copper foil maker, said on Monday it received a $133 million subsidy from the Polish gover...

SPC Samlip to export ggultteok in H1 2025

SPC Samlip to export ggultteok in H1 2025

SPC Samlip Corp., a subsidiary of South Korea’s food and bakery giant SPC Group, said on Monday that its rice cake franchise Bizeun developed ...

Lotte Card Card to launch loans for affiliates in Vietnam

Lotte Card Card to launch loans for affiliates in Vietnam

South Korea's Lotte Card said on Monday it will launch loans for affiliates in Vietnam.Lotte Finance Vietnam, the Vietnamese corporation of Lotte Ca...

Koreans flock to cryptos amid Trump-fueled crypto craze

Koreans flock to cryptos amid Trump-fueled crypto craze

The number of South Koreans investing in cryptocurrencies recently broke past 15 million — about 30% of the country’s population —...

South Korea becomes super-aged society faster than expected

South Korea becomes super-aged society faster than expected

One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population an...

POSCO carries out drastic top management reshuffle

POSCO carries out drastic top management reshuffle

POSCO Group on Monday replaced chief executives of key seven units in a drastic overhaul of the South Korean steel-to-battery materials group to shi...

Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn

Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn

South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...

E-Land manages New Balance’s record $689 mn in Korean sales

E-Land manages New Balance’s record $689 mn in Korean sales

South Korea’s retail giant E-Land Group has achieved 1 trillion won ($689 million) in Korean sales of the global sports footwear and apparel b...

S.Korean gov't to lift two-bottle limit on duty-free alcohol

S.Korean gov't to lift two-bottle limit on duty-free alcohol

South Korean government will lift the number restriction of duty-free alcohol bottles for inbound travelers and halve the patent fees to boost the d...

TALOS dives deeper into brain aneurysm icebergs

TALOS dives deeper into brain aneurysm icebergs

 A single neurosurgeon dedicates his or her entire professional career to performing surgeries on an average of fewer than 10,000 patients with...

LG Energy, Qualcomm to commercialize BMS solution

LG Energy, Qualcomm to commercialize BMS solution

South Korea's LG Energy Solution Ltd. said on Monday it partnered with Qualcomm Technologies to commercialize its new system-on-chip (SoC)-based bat...

SK Bioscience, Sanofi to develop next-gen pneumococcal vaccines

SK Bioscience, Sanofi to develop next-gen pneumococcal vaccines

South Korea's SK Bioscience Co. said on Friday it signed an expanded agreement with Sanofi to co-develop next-generation pneumococcal conjugate vacc...

M&A deals in South Korea hit 7-year low in 2024

M&A deals in South Korea hit 7-year low in 2024

South Korea’s mergers and acquisitions market shrank further in 2024, with leading business groups seeking to unload non-core assets to bolste...

Hanwha seeks acquisition of sibling feud-mired Korean catering firm Ourhome

Hanwha seeks acquisition of sibling feud-mired Korean catering firm Ourhome

South Korea’s Hanwha Group is seeking to acquire local catering service provider Ourhome, embroiled in the owner family's sibling disputes, fo...

LG Energy wins 7.5GWh ESS project from Excelsior Energy in US

LG Energy wins 7.5GWh ESS project from Excelsior Energy in US

LG Energy Solution Ltd. has landed a deal with US renewable energy infrastructure fund Excelsior Energy Capital (Excelsior) to supply a 7.5-gigawatt...

Daesang launches kimchi brand with three-Michelin-star chef

Daesang launches kimchi brand with three-Michelin-star chef

South Korean leading food maker Daesang Corp., the operator of kimchi brand Jongga, said on Thursday it launched San Ho Won with three-Michelin-star...

POSCO to raise up to $691 million as next year’s 1st corporate bond issuer

POSCO to raise up to $691 million as next year’s 1st corporate bond issuer

South Korea’s steel-to-battery materials conglomerate POSCO Group plans to raise up to 1 trillion won ($691 million) in the country’s fi...

Samsung Display, Dolby to collaborate on automotive OLEDs

Samsung Display, Dolby to collaborate on automotive OLEDs

South Korea's Samsung Display said on Thursday it signed a memorandum of understanding (MOU) with Dolby Laboratories to jointly promote Dolby's high...

Online lender K Bank eyes Feb 2025 IPO at lower valuation

Online lender K Bank eyes Feb 2025 IPO at lower valuation

K Bank, a South Korean online lender, is making a fresh attempt to list on the Korean stock market in February 2025 as bitcoin’s record-breaki...

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold IMM Credit closes $700 mn blind credit fund backed by NPS BOK chief warns household debt near tipping point, keeps rates steady