Hanwha Q Cells eyes tandem cell mass production in 2027

Hanwha Q Cells Co., the solar panel manufacturing unit of South Korea's Hanwha Solutions Corp., is expected to commercialize tandem modules by 2027,...

Korean pension funds, insurers seek customized investment vehicles

South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as ...

Carlyle CEO shares investment tips with Korean retail investors

The head of The Carlyle Group met with Korean retail investors in a rare session on Thursday, sharing insights on the US economy and global credit m...

Mirae Asset Global Investments’ AUM tops $288 bn as global push pays off

Mirae Asset Global Investments Co. now manages more than 400 trillion won ($288 billion) in assets for the first time since its first global venture...

Korean financial firms launch global IR blitz to woo foreign capital  

Chiefs of South Korea’s major financial groups – Shinhan, Woori and iM – are ramping up global investor outreach with new sharehol...

LG Electronics poised to extend OLED TV market lead into 2025  

LG Electronics Inc. is on track to retain its lead in the organic light-emitting diode (OLED) TV market for the 13th consecutive year, bolstered by ...

LS moves closer to role as Hanjin KAL’s white knight vs Hoban

Hanjin KAL Corp., the largest shareholder of Korean Air Lines Co., is strengthening its alliance with LS Group, the parent of LS Cable & System ...

Hyundai Rotem lands $301 mn Taiwan driverless train deal

Hyundai Rotem Co. has won a 420 billion won ($301 million) order to build autonomous electric trains for Taiwan’s Taichung Metro, adding to a ...

South Korea’s Rznomics inks $1.3 bn out-licensing deal with Eli Lilly

Rznomics Inc., a South Korean RNA therapeutics developer, has signed an agreement worth more than $1.3 billion with US pharmaceutical giant Eli Lill...

Shinsegae Chair Chung joins Trump’s Middle East tour

Chung Yong-jin, chairman of South Korea’s retail group Shinsegae Inc., is the only Korean businessperson accompanying US President Donald Trum...

Korean firms rush to issue bonds ahead of presidential election

South Korean companies are flocking to the corporate bond market ahead of the country’s presidential election early next month, seeking to loc...

Korean teachers' fund to commit $495 mn to 10 PE firms

The Korean Teachers’ Credit Union (KTCU), a retirement fund operator for South Korean teachers, has picked 10 local private equity firms to ru...

In China’s waterway city Hangzhou, K-beauty redefines ‘shuiguang'

HANGZHOU – The capital of China’s Zhejiang province, Hangzhou, is the southern terminus of the ancient Grand Canal waterway, which origi...

Korean LCCs boost travel demand to global tourist hubs

South Korean low-cost carriers (LCCs), including Air Premia Inc. and Air Busan Co., have been expanding into underserved smaller cities, but also dr...

With Ulta deal, APR steps up US beauty push

Medicube, the beauty-tech brand under South Korea’s fast-growing beauty company APR Co., will sell its products through both online and offlin...

LG Innotek, Boston Dynamics team up to develop Atlas eyes

LG Innotek Co., a leading South Korean electronics parts maker, will jointly develop new vision sensing systems with Boston Dynamics Inc., a major g...

Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million

Korean Air Lines Co., South Korea’s largest full-service carrier, and its joint venture partner Delta Air Lines Inc. will acquire a 25% stake ...

Korea’s top cinema chains seek merger to counter box office slump

South Korea’s two leading multiplex operators Lotte Culture Works Co. and Contentree JoongAng Corp. have tentatively agreed to merge in a bid ...

Soon for sale: Altos Ventures-backed Cafe Knotted operator

Silicon Valley-based Altos Ventures-backed Good Food For Good (GFFG), operator of South Korea’s popular dessert cafe, Cafe Knotted, will likel...

Coupang’s Q1 revenue up; quarterly dip signals rising competition

Coupang Inc., South Korea’s largest e-commerce platform, extended its year-on-year sales growth with an 11.1% increase to post $7.9 billion in...

Samsung steps up AR race with advanced microdisplay for smart glasses

Samsung Electronics Co. has launched a major push into next-generation microdisplays for augmented reality (AR) glasses as it aims to position itsel...

NCSOFT invests in US game startup emptyvessel

NCSOFT Corp. has made an equity investment in emptyvessel, a US indie games studio, as part of efforts to expand into the first-person shooter genre...

Maybe Happy Ending: A robot love story that rewrote Broadway playbook

On an unremarkable evening in November 2024, inside the opulent Belasco Theatre in Manhattan, something quietly historic was taking place.A delicate...

NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has yet to decide on a plan to select local extern...

BMW surpasses Mercedes in Korean sales for 1st time in 10 years

The top five imported car brands in South Korea underwent a major shake-up last year. BMW overtook Mercedes-Benz in sales for the first time in a de...

Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs

JAKARTA – Last Thursday, Baik Art gallery in Jakarta, Indonesia, was crowded with well-heeled art patrons eager to meet a revered artist from ...

Trump Jr. meets Korean business chiefs in back-to-back sessions

Donald Trump Jr., the eldest son of US President Donald Trump, spent his one-and-a-half-day visit to South Korea in back-to-back private meetings wi...

Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google

Samsung Electronics Co., the world’s leading memory chipmaker, is in talks to supply customized sixth-generation high-bandwidth memory, or HBM...

Exports of Korea-made used cars to hit record high in 2025

South Korea’s exports of used cars by its homegrown auto brands are expected to hit a historic high this year, thanks to their improved brand ...

POSCO raises ship steel prices as Korea's tariffs curb supply

POSCO Holdings Inc. has raised second-quarter prices of thick plates used in vessels amid concerns over tighter supply after South Korea levied anti...