Korean love for foreign stocks tops 100 tn won mark

South Koreans’ appetite for foreign stocks continued to grow with holdings of overseas shares by retail investors exceeding the 100 trillion w...

War for bio talent intensifies as S.Korea works on mRNA vaccines

As concerns rise over a resurgence of the COVID-19 pandemic, the war for talent in South Korea’s pharmaceutical industry is intensifying as th...

Samsung Electronics’ stock stages a rebound as outlook concerns ease

Shares of Samsung Electronics Co. have risen above the psychologically important level as foreign and institutional investors returned amid easing c...

Seoul to create K-beauty road as part of interactive tourism

South Korea’s capital city Seoul will set up a walking route full of beauty products, services and interactive programs for visiting tourists....

Daewoong Pharmaceutical aims to top $4 bn in sales by 2027

South Korea-based Daewoong Pharmaceutical Co. is hoping to achieve 5 trillion won ($4.4 billion) in sales by 2027, meaning that the company aims to ...

Korean conglomerates turn to startups to tackle new ventures and ESG

South Korean conglomerates have been reaching out to D.CAMP, the country's largest non-profit foundation for startups, to get in touch with domestic...

POBA commits €80 mn to AXA's life science property fund

South Korea's Public Officials Benefit Association (POBA) has committed €80 million ($95 million) to AXA Investment Managers' fund, which recen...

Market Kurly's IPO plans dwarfed by SSG.COM's IPO talk

Kurly Inc., which runs South Korea's online grocery delivery service Market Kurly, has tentatively halted its IPO process, about a month after it an...

POSCO’s 37-year gymnastics sponsorship proves fruitful in Tokyo

South Korean steelmaker POSCO’s long-standing sponsorship of the country’s gymnasts again proved effective at the Tokyo Olympics. The So...

Mid-sized Korean groups pave way for PEFs' stalled exits

Hoban Group, started as a small residential rental company in Gwangju in 1989, has now emerged as a major player in South Korea's M&A market, in...

Korean startups raise record-high Series A funding in H1

South Korea's startup ecosystem has been booming with companies raising over 1 trillion won ($870 million) in the first half of this year -- an all-...

Korean Air hits milestone of 10,000 cargo-only passenger flights

Korean Air Lines Co. (KAL) hit a milestone of having operated 10,000 cargo-only passenger flights as of Aug. 1, as the country’s top carrier g...

MBK seeks to exit Japan's top golf course operator

MBK Partners, a North Asia-focused private equity firm, is seeking to exit Japan's largest golf course operator Accordia Next Golf to capitalize on ...

S.Korean archers power to Tokyo victory with Win&Win bows

Last Friday, South Korea's An San became the first archer in Olympic history to win three gold medals at a single Games: the women's individual comp...

Korean pension funds ramp up co-investment to seize good deals

South Korea’s pension funds are increasing co-investment as the COVID-19 is prolonged. They are attempting to solve difficulties in overseas d...

Ssangyong draws HAAH and electric bus, scooter makers

Ssangyong Motor Co., a troubled South Korean sports utility vehicle maker, has drawn nine preliminary bidders, including a US automobile distributor...

HK inno.N’s IPO attracts $25 bn from retail investors

HK inno.N Corp. (inno.N), a pharmaceuticals unit of Kolmar Korea, drew a massive $25 billion from retail investors for its listing thanks to its s...

Canada’s CPPIB promotes Suyi Kim to global head of private equity

The Canada Pension Plan Investment Board (CPPIB) has named Suyi Kim, its Asia head, as the global chief of its private equity business, effective Se...

Korea redefines dining experience with meal kits and delivery food

A good old-fashioned, home-cooked meal is becoming a thing of the past in Korean households, with a wide range of home meal replacements (HMRs) an...

LG Elec completes stock deal with Magna for EV powertrain JV

LG Electronics Inc. completed a stock sale deal with Canadian auto parts maker Magna International Inc. for an electric vehicle (EV) powertrain join...

POSCO to build $200 mn nickel refining plant to ramp up battery materials

POSCO, the world’s fifth-largest steelmaker by output, said on Wednesday it is spending 230 billion won ($200 million) to build a nickel sulfa...

Korea’s steel stocks make big rebound with rosy H2 outlook

The share prices of South Korea’s major steelmakers, which observed a period of a downturn over the last two months, is making a rebound amid ...

Samsung SDI to build EV battery plant in US

Samsung SDI Co. plans to set up an electric vehicle (EV) battery plant in the US, joining South Korean battery producers’ move to gain ground ...

Korea’s major banking groups post record-high earnings in H1

South Korea’s major banking groups have posted the highest-ever net profit figures in the first half of this year. Shinhan Financial Group rep...

SK Hynix sees robust chip demand for rest of year after strong Q2 sales

SK Hynix Inc., the world’s second-largest memory chipmaker, on Tuesday posted its highest quarterly profit and sales in nearly three years on ...

Shares of parts makers outshine chips, display giants

Shares of South Korean semiconductor and display parts makers have stolen the spotlight from their key customers like Samsung Electronics Co. and SK...

LG Display to power all offices with 100% renewable energy

LG Display Co., a major South Korean display panel maker, said on Monday it is shifting to 100% renewable energy to power all its business offices i...

Hyundai-sponsored archers reign supreme with 9th-straight gold in Tokyo

Chung Euisun, Hyundai Motor Group Chairman and chair of the Korea Archery Association (KAA), was captured on TV July 25, watching the women’s ...

Hyundai Honorary Chairman Chung inducted into Automotive Hall of Fame

Hyundai Motor Group Honorary Chairman Chung Mong-koo was inducted into the Automotive Hall of Fame (AHF) on Thursday, acknowledging his work in deve...

Korea’s heavy machinery makers continue strong performance in Q2

Korean construction and heavy equipment manufacturers have posted strong results in the second quarter, maintaining the trend of recovery from the f...