Funds from West to emerging Asia power S.Korean stocks

Foreigners reported a record purchase of South Korean shares despite a global economic slowdown, as money moved from the US and Europe into emerging...

A Goliath vs. Davids battle in the S.Korean OTT market

Netflix Inc. is poised to further distance itself from its money-losing local peers in the South Korean video streaming market this year, as it make...

Another Foreigner Detained in China, This Time a Korean Soccer Pro

SINGAPORE—Chinese police have detained a South Korean soccer player on allegations of bribery, the latest in a spate of enforcement actions af...

Celltrion Healthcare launches Remsima SC in Brazil

South Korean biopharmaceutical company Celltrion Healthcare Co. revealed on Monday its introduction of Remsima SC, a treatment for autoimmune diseas...

LG Innotek seeks to bolster innovation through a broader talent pool

Efforts by LG Innotek Co. to diversify its talent pool have borne fruit by boosting its competitive edge, under its chief executive's focus on bro...

CJ CheilJedang builds world's biggest frozen pizza plant in US

South Korean food giant CJ CheilJedang Corp. built the world's largest frozen pizza plant in the US to overtake Nestle on the related American marke...

JPMorgan Chase's Jamie Dimon to visit S.Korea on June 5

JPMorgan Chase & Co. Chairman and CEO Jamie Dimon is set to visit Seoul on June 5 and discuss South Korea’s overseas investments with exec...

UAE state funds gear up for $30 bn S.Korean investment

Senior officials of the Abu Dhabi Investment Authority (ADIA) and other major sovereign funds of the United Arab Emirates (UAE) met with executives ...

HD KSOE wins order $88 mn for two product carriers

HD Hyundai's shipbuilding intermediate holding company, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), said on Friday that it has sec...

Funding gap creates opportunities in private real estate debt: ASK 2023

Global real estate investors will see the funding gap continue for a while, which creates opportunities for private debt in the sector. The office s...

LS Group's US affiliate SPSX to raise $150 mn in pre-IPO

LS Group’s US cable affiliate Superior Essex (SPSX) plans to raise $150 million (200 billion won) via a South Korean private equity fund (PEF)...

Korean Air-Asiana merger hits roadblock in US, Europe

The proposed merger between South Korea’s two largest airlines hit a roadblock in the West as a media outlet reported that the US government i...

LG Energy Solution secures lithium concentrate in N.America

South Korea's battery maker LG Energy Solution Ltd. announced on Friday that it has signed a lithium concentrate supply contract with Australian c...

US office recovery will be slow in volatile market: Korean investors

Increased rates will impact global real estate deals and slash property values, according to major institutional investors in South Korea. The US of...

Nexen Tire invests $1.3 bn to build US factory

South Korea's Nexen Tire Corp. plans to invest $1.3 billion (1.73 trillion won) to build its first-ever factory in the United States. Starting fro...

Samsung rolls out industry’s finest 12 nm DDR5 DRAM chips

Samsung Electronics Co. has begun mass production of 16 gigabit DDR5 DRAM chips, using the industry’s finest 12-nanometer process node, furthe...

Samsung SDS bolsters Cello Square with tech upgrades, global push

Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...

Samsung Display buys US OLED microdisplay maker for $218 mn

South Korea's Samsung Display has bought American OLED microdisplay maker eMagin for $218 million (290 billion won).eMagin on Wednesday said Samsung...

1% reduction in working-age population reduces GDP by 0.59%: report

A study has revealed that a decrease in the working-age population due to low birth rates and an aging population, coupled with an increase in the d...

S.Korean AI chip developer DeepX ready to take on Nvidia: CEO

Demand for artificial intelligence microprocessors is set to grow astronomically as electronics and cars are becoming smarter, said DeepX chief, add...

Samsung to launch Galaxy A24 in S.Korea to target low-end market

Samsung Electronics Co. announced on Thursday that it will release the Galaxy A24, a budget phone model in the domestic market on Friday to targetin...

Secondaries, debt attractive for portfolio stability: Korean CIOs

South Korean institutional investors find secondaries and private debt attractive amid the darkening economic outlook, chief investment officers (CI...

S.Korea, Canada to bolster key minerals supply partnership

South Korea and Canada will make close cooperation to strengthen their supply chains of critical minerals such as uranium and nickel, key materials ...

Korean institutions eye investment in OpenAI at $40 bn valuation

OpenAI, the world’s most well-known artificial intelligence lab, is tapping South Korean institutional investors for investment at an estimate...

Chevrolet Trailblazer tops in US small SUV market

Chevrolet Trailblazer claimed the top spot in the subcompact crossover SUV market in the United States in the month of April. It maintained its posi...

S.Korea’s popular donut brand Knotted to enter US market

South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced on Wednesday a strategic plan called "New GFFG 2.0." The plan aims to...

LG Electronics enters antibacterial glass powder sector

LG Electronics Inc. on Wednesday said it will promote as one of its new growth engines antibacterial glass powder, or fine particles made with cru...

Night at Korean royal palace brims with stars and Gucci fashion

Seoul has again grabbed the attention of global fashionistas as Italian fashion house Gucci on Tuesday night finally staged its belated Korean fashi...

Samsung’s Galaxy Book3 controls more than half of Korea’s laptop market

When Samsung Electronics Co. reported the worst quarterly loss for its semiconductor business last month, it found hope and relief in its mobile bus...

Mirae Asset Securities acquires European ETF market maker GHCO

Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...