War in Ukraine: Risk and opportunity for Korean shipbuilders

War in Ukraine: Risk and opportunity for Korean shipbuilders

The escalating conflict between Russia and Ukraine is posing both a risk and an opportunity for South Korea’s three largest shipbuilders, whic...

Korean content shares jump on Beijing’s eased restrictions 

Korean content shares jump on Beijing’s eased restrictions 

South Korean content shares finished Friday’s trade higher, buoyed by expectations of resumed exports to China and news that Disney+ will rele...

Hyundai shuts Russia car plant for 1 wk on parts shortages

Hyundai shuts Russia car plant for 1 wk on parts shortages

Car production at Hyundai Motor Co.'s plant in Russia has been halted since March 1 as the Russia-Ukraine war further aggravated shortages of automo...

Korean SPAC Valuence Merger debuts on Nasdaq, targets bio M&As

Korean SPAC Valuence Merger debuts on Nasdaq, targets bio M&As

Valuence Merger Corp. 1, a special purpose acquisition company (SPAC), led by South Korean fund managers, has debuted on the Nasdaq, targeting Asian...

Bank of Wine: High-end wine investment in the form of digital assets

Bank of Wine: High-end wine investment in the form of digital assets

South Korea is the world’s second-most attractive wine market, outranked by only the United States, according to London-based consumer researc...

Kakao to unveil YouTube-like manga platform in Japan

Kakao to unveil YouTube-like manga platform in Japan

Kakao Corp., the No. 1 digital comics platform in Japan, will expand deeper into the neighboring country's comics market by launching a platform whe...

Korean LPs name their 36 favorite alternative asset managers

Korean LPs name their 36 favorite alternative asset managers

KKR was chosen as the best private equity firm by South Korean institutional investors, a survey shows. Blackstone, Macquarie Asset Management and Are...

Korean bio ventures struggle with fundraising

Korean bio ventures struggle with fundraising

Biopharmaceutical companies of South Korea are having a tough time fundraising of late. Bio ventures without specific public offering plans are pa...

Korean inflation fears grow amid Ukraine crisis

Korean inflation fears grow amid Ukraine crisis

Fears are growing over accelerating inflation in South Korea as Russia’s invasion of Ukraine boosted energy and raw materials prices. The cris...

Ridi becomes first Korean content platform unicorn

Ridi becomes first Korean content platform unicorn

Ridi Corp., often referred to as South Korea's Kindle, has received funding of 120 billion won ($100 million) from Singapore's GIC and three domesti...

SK Ecoplant raises over $800 mn from Korean PE firms

SK Ecoplant raises over $800 mn from Korean PE firms

South Korea's SK Ecoplant Co. has raised a total of 1 trillion won ($830 million) from four domestic private equity firms, including 390 billion won...

KEPCO at record loss on fuel costs; wider losses seen in 2022

KEPCO at record loss on fuel costs; wider losses seen in 2022

South Korean power utility KEPCO Co. reported its largest-ever operating loss of nearly 6 trillion won ($5 billion) in 2021, after it froze the elec...

New York third US state to recognize kimchi's Korean origin

New York third US state to recognize kimchi's Korean origin

Korean food is all about ingredients, which alongside various fermentation techniques, have made kimchi a global side dish enjoyed not just as centr...

PCB makers in record-setting rally on strong outlook

PCB makers in record-setting rally on strong outlook

Shares in South Korea's small and medium-sized printed circuit board (PCB) makers extended their upward run to hit fresh highs this week, bucking th...

BTS returns to Korean stage for 1st time since 2019

BTS returns to Korean stage for 1st time since 2019

SEOUL — In the latest sign that life is going back to something that resembles the pre-pandemic past, BTS is returning to the stage in Seoul.The...

Partners Group wins $620 mn Korean LPs mandate for infra

Partners Group wins $620 mn Korean LPs mandate for infra

Some major institutional investors of South Korea have committed a combined $620 million to Partners Group’s third direct infrastructure progr...

Korean firms on high alert as Russia invades Ukraine

Korean firms on high alert as Russia invades Ukraine

Samsung Electronics Co., Hyundai Motor Co. and other South Korean companies are on high alert as Russia launched a military attack in Ukraine.They a...

SK On narrows bidders to BlackRock, Carlyle, KKR, GIC

SK On narrows bidders to BlackRock, Carlyle, KKR, GIC

South Korean battery maker SK On Co. has narrowed bidders for its shares worth up to $3.3 billion to four candidates -- BlackRock, The Carlyle Group...

S.Koreans' global shareholdings at record $588.5 bn

S.Koreans' global shareholdings at record $588.5 bn

South Korean institutional and retail investors sharply raised their risk appetite last year, gobbling up Nasdaq-listed technology stocks such as Te...

Tougher sanctions on Russia put S.Korean exporters on high alert

Tougher sanctions on Russia put S.Korean exporters on high alert

As the US and its allies are toughening up sanctions against Russia, South Korean exporters of smartphones, home appliances to automobiles are raisi...

Korean shipbuilders set for more orders on Ukraine crisis

Korean shipbuilders set for more orders on Ukraine crisis

South Korea’s shipbuilders are expected to get more orders on the escalating crisis in Ukraine as Europe is diversifying natural gas suppliers...

China’s Geely challenges Hyundai with entry to Korea’s e-truck market

China’s Geely challenges Hyundai with entry to Korea’s e-truck market

China’s largest privately owned carmaker Zhejiang Geely Holding Group Co. is entering South Korea’s electric truck market to compete wit...

LG Electronics to pull out of solar panel market

LG Electronics to pull out of solar panel market

South Korea's LG Electronics Inc. said on Wednesday it has decided to close its solar panel business in the face of deepening competition and sluggi...

Hanwha Defense secures land for K9 howitzer production in Australia

Hanwha Defense secures land for K9 howitzer production in Australia

Hanwha Defense Co. announced Wednesday it has secured a large property in Australia for building a production facility for the K9 Thunder self-prope...

Korean battery sector to heat up IPO market again

Korean battery sector to heat up IPO market again

South Korea’s battery industry is expected to heat up the initial public offering market later this year as battery materials and equipment ma...

88% of Korean LPs want speedy capital deployment

88% of Korean LPs want speedy capital deployment

Asset managers' track record and risk management are the most important factors for South Korean major limited partners when considering new partnersh...

Korea approves Korean Air-Asiana merger; hurdles remain

Korea approves Korean Air-Asiana merger; hurdles remain

The proposed merger of Korean Air Lines Co. and Asiana Airlines Inc. has moved one step closer to completion with approval by South Korea’s an...

Live commerce platforms like Grip to keep growing in Asia Pacific: Google

Live commerce platforms like Grip to keep growing in Asia Pacific: Google

In April 2021, there were some 200 unicorns in the Asia Pacific region, second only to the United States which had 290 startups each valued at $1 bi...

App-rich LG smart TVs blur lines with smartphones

App-rich LG smart TVs blur lines with smartphones

From home workouts to math and science courses, thousands of apps now available on LG smart TVs are blurring the lines between TVs and smartphones.S...

LG recruits former WH deputy chief of staff Joe Hagin for govt relations

LG recruits former WH deputy chief of staff Joe Hagin for govt relations

LG Corp. announced on Sunday that the group has recruited former White House deputy chief of staff Joe Hagin for its Washington D.C. office. Ha...

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