Blackstone, Hahn & Co. to reap $800 mn from two Korean IPOs

South Korea's largest used car seller K Car Co., wholly owned by Hahn & Co., will go public on the country's main stock exchange in October, whi...

Game firms seeking strong IP extend ties with content makers

South Korean game developers and publishers are increasingly building business alliances with players in the content industry through equity investm...

Philippines LCS Group to join $1.7 bn Korean resort project

The Philippines LCS Group of Companies agreed to join a $1.7 billion resort development in South Korea, marking the first firm from the Southeast As...

Chinese, Korean carmakers penetrate Japanese-dominated Indonesia

Hyundai Motor Co. is set to start producing automobiles in Indonesia around the end of this year to attract drivers in the Southeast Asia’s ...

S.Korean govt to spend $5.4 bn to develop sensors, improve EV repair

South Korean government will spend 6.3 trillion won ($5.4 billion) next year in supporting the state-designated Big 3 industries: future vehicles, n...

Upbit dominates S.Korea’s crypto exchange with 80% market share

South Korea’s cryptocurrency exchange market is being dominated by the biggest platform Upbit that holds about 80% of all transactions made in...

Korean firms scramble for bond sales on further rate hike views

South Korean companies rushed to issues bonds as the Bank of Korea is expected to raise interest rates further, ramping up financing costs. Some war...

SK gas stations to become CJ Logistics micro-fulfillment centers

South Korea’s leading logistics company CJ Logistics Corp. teamed up with SK Energy to aim the domestic quick commerce market, utilizing gas s...

S.Korean millennials rush on Nasdaq and NYSE amid sluggish Kospi

South Korean millennials in their 20s and 30s are rushing to Nasdaq and the New York Stock Exchange (NYSE) amid skyrocketing real estate prices in t...

Amazon teams up with SK’s 11Street to offer Global Store for Koreans

SK Telecom Co.’s e-commerce platform 11Street Co. has teamed up with Amazon, the world’s largest online shopping mall, to offer the US c...

Korean conglomerates' ESG investment nears $100 bn

South Korea's top 10 conglomerates are rushing to foster eco-friendly businesses models with their investments into environment, social and governan...

Korean shipbuilders find relief in falling iron ore prices, rise in new orders

South Korea’s major shipbuilders expect to post improved earnings in coming quarters as falling iron ore prices put them in a stronger positio...

Korean household debt estimated to top $1.5 tn

South Korea’s household debt was estimated to have exceeded $1.5 trillion to reach a record high last month, and tighter monetary policies at ...

OsteoSys pioneers bone densitometer market for lab animals

South Korea-based OsteoSys Corp. aims to become the world's leading player in the bone densitometry market backed by its portfolio of high-tech bone...

Korean Air to retire all A380 jets over 5 years; B787 likely replacements

Korean Air Lines Co. (KAL) will retire its superjumbo fleet of 10 A380 passenger jets over the next five years, a move the South Korean flag carrier...

Koreans foreign stock holdings jump to record $545.4 bn

South Koreans’ foreign stock holdings jumped 50% to an all-time high as retail investors sought high returns from US shares whose gains ramped...

S.Korean firms start training AI professionals to address talent shortage

South Korea’s major business groups have started to foster their own talents in the field of artificial intelligence (AI) to address the widen...

AI startup Moloco raises near $150 million

Silicon Valley-based artificial intelligence startup Moloco Inc. has raised around 173.4 billion won ($148.1 million) in a recent funding round led ...

BlackRock Real Assets makes first Korean solar investment

BlackRock Real Assets, a unit of the world’s largest asset manager BlackRock Inc., has acquired an unspecified stake in Brite Energy Partners ...

BTS producer tops the list of H1 highest-paid Koreans

Senior executives of HYBE Co., South Korea's leading K-pop agency, topped the three spots on the first-half list of highest-paid South Koreans, with...

Overseas crypto exchanges end Korean services ahead of rule tightening

Overseas cryptocurrency exchanges are ending their Korean services, including language support as well as trading and payments in Korean won, as Sou...

Korean unicorns winning talent war against global IBs

South Korean unicorn startups are soaking up talent from global investment banks (IBs) and brokerage houses. Junior and senior financial market spec...

Vietnam's Masan Group to attract $200 mn from Korean PE

Masan Group Corp., Vietnam's leading conglomerate with a diverse range of businesses ranging from food and consumer goods to financial services, wil...

IMM puts Hyundai LNG Shipping on sale

IMM put Hyundai LNG Shipping, South Korea’s top liquefied natural gas (LNG) tanker operator, on sale in a predicted $1.7 billion deal.IMM Priv...

‘Revenge shopping’ lifts Korean retail giants’ Q2 earnings

Major department stores in South Korea such as Shinsegae Department Store and Hyundai Department Store Co. have seen their earnings improve signific...

Korean won at 11-month low as foreigners dump $6.1 bn in stocks this week

The South Korean won tumbled to a near 11-month low as foreign investors dumped $6.1 billion in local stocks this week much more than their total se...

Passing China, S.Korean shipbuilders hold top spot for three months

South Korea’s shipbuilding industry has maintained the top position worldwide in new orders for three straight months up to July.According to ...

Korean investors rush to buy Vietnam stocks

South Korean investors are rushing to buy Vietnamese stocks as the market is showing signs of a recovery. Analysts predicted export-oriented shares ...

Korean chipmakers tumble, wipe out $13 billion in market capitalization

Shares of South Korea’s two largest chipmakers – Samsung Electronics Co. and SK Hynix Inc. – are slumping on a bearish industry ou...

Korean fabless startups take center stage, attracts VCs

South Korean fabless startups have taken center stage, attracting venture capital firms and institutional investors thanks to their advanced technol...