S.Korea’s pension fund NPS to overhaul alternative investment strategy

S.Korea’s pension fund NPS to overhaul alternative investment strategy

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, plans to intr...

Korean Air changes badge before full integration with Asiana Airlines

Korean Air changes badge before full integration with Asiana Airlines

Korean Air Lines Co., South Korea’s largest full-service carrier, has undergone a major makeover of its corporate identity (CI) for the first ...

MBK Partners under Korean tax agency scrutiny

MBK Partners under Korean tax agency scrutiny

MBK Partners, a leading North Asia-focused private equity firm, has come under a probe by South Korea’s National Tax Service (NTS) amid the br...

Hyundai Motor to build fuel cell plant in South Korea

Hyundai Motor to build fuel cell plant in South Korea

Hyundai Motor Co. will build a local fuel cell plant in South Korea, accelerating its bid to create an entire hydrogen fuel cell value chain in line...

LX Pantos acquires logistics center near Atlanta for $120 mn

LX Pantos acquires logistics center near Atlanta for $120 mn

LX Pantos Co., a logistics arm of LX International Corp., announced on Tuesday it has acquired a logistics center near Atlanta in Dalton, Georgia fo...

Naver’s Webtoon hints at ad business expansion in 2025

Naver’s Webtoon hints at ad business expansion in 2025

Webtoon Entertainment Inc., the Nasdaq-listed storytelling platform operator under South Korea’s internet giant Naver Corp., is set to expand ...

Trump-driven energy boom spurs Korean firms to hike US gas investments

Trump-driven energy boom spurs Korean firms to hike US gas investments

WOODFORD, Oklahoma – A shale gas field in Woodford, Carter County was bustling with activity on Feb. 25.A team of engineers oversaw the drilli...

Korean snacks mesmerize global consumers amid K-pop popularity

Korean snacks mesmerize global consumers amid K-pop popularity

South Korea’s snack exports soared to a record high in February, surpassing $40 million for the first time, as global demand surged amid the sus...

Korean court cancels Yoon’s detention; Insurrection case continues

Korean court cancels Yoon’s detention; Insurrection case continues

A South Korean court on Friday cancelled impeached President Yoon Suk Yeol’s detention warrant, ordering him to be released from jail, althoug...

South Korea’s pension fund NPS risks massive loss from Homeplus fiasco

South Korea’s pension fund NPS risks massive loss from Homeplus fiasco

South Korea’s National Pension Service (NPS), the nation’s biggest institutional investor, could lose more than 1 trillion won ($692 mil...

Hanwha Aerospace, L3Harris anchor Shield AI’s $240 mn funding

Hanwha Aerospace, L3Harris anchor Shield AI’s $240 mn funding

South Korean defense company Hanwha Aerospace Co. and US weapons systems developer L3Harris Technologies Inc. have led a $240 million funding round ...

SK Hynix to exit image sensor market to focus on AI chips

SK Hynix to exit image sensor market to focus on AI chips

SK Hynix Inc. will shutter its image sensor business as the South Korean memory giant doubles down on the development of premium artificial intellig...

Trump says Korea interested in Alaska gas project; Korean firms skeptical

Trump says Korea interested in Alaska gas project; Korean firms skeptical

South Korea, Japan and other countries want to partner with the US in a $44 billion natural gas pipeline project in Alaska, President Donald Trump s...

MBK commits to restoring Homeplus operations: MBK Vice Chairman Kim

MBK commits to restoring Homeplus operations: MBK Vice Chairman Kim

MBK Partners, facing increasing scrutiny over its highly leveraged acquisition of Homeplus Co., has pledged to go all-out to restore the struggling ...

S.Korean grocery delivery platform Oasis at forefront to acquire TMON

S.Korean grocery delivery platform Oasis at forefront to acquire TMON

South Korea’s grocery delivery platform Oasis Corp., which has been looking to expand its e-commerce market at home and abroad, is seeking to ...

Korea Investment & Securities explores new products with global firms

Korea Investment & Securities explores new products with global firms

Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Inc., is exploring new global investment products tailored for Sout...

Hyundai Motor spins off 4 in-house startups in energy, AI, mobility

Hyundai Motor spins off 4 in-house startups in energy, AI, mobility

South Korea’s auto behemoth Hyundai Motor Group has spun off its four in-house startups with innovative technologies in mobility, automation a...

China under spell of Korean spicy instant noodles; Samyang leads  

China under spell of Korean spicy instant noodles; Samyang leads  

South Korea’s spicy instant noodles are poised to captivate China, the world’s largest ramen market, with their shipments to the neighbo...

South Korea loses tech startups at rapid clip amid dwindling funding

South Korea loses tech startups at rapid clip amid dwindling funding

Concerns are growing that the tech startup ecosystem in South Korea, home to global tech household name Samsung Electronics Co., would be trapped in...

S.Korea’s pension fund NPS posts record return in 2024 on US stock rally

S.Korea’s pension fund NPS posts record return in 2024 on US stock rally

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, said on ...

S.Korea’s sovereign fund KIC logs 8.5% return in 2024

S.Korea’s sovereign fund KIC logs 8.5% return in 2024

The Korea Investment Corporation (KIC) reported an annual return of 8.49% last year thanks to steady gains from equity investments led by the AI tec...

SK Telecom to secure stake in IonQ, forges quantum partnership

SK Telecom to secure stake in IonQ, forges quantum partnership

South Korea’s largest telecom company SK Telecom Co. will acquire about a 3% stake in IonQ Inc., the world’s first publicly traded quant...

S.Korean investors name their 33 favorite alternative asset managers

S.Korean investors name their 33 favorite alternative asset managers

Blackstone and HarbourVest Partners are South Korean institutional investors’ preferred private equity firms, according to a survey by Korea I...

Sono Hospitality becomes new owner of Korean budget carrier T’way Air

Sono Hospitality becomes new owner of Korean budget carrier T’way Air

South Korea’s top resort operator Sono Hospitality Group has emerged as the new owner of budget carrier T’way Air Co. by acquiring ...

One-third of Korean petrochem bonds incur valuation losses

One-third of Korean petrochem bonds incur valuation losses

South Korean institutional investors, including banks, insurers and securities companies, have yet to fully benefit from recent declines in bond yie...

Samsung lowers bar on hiring foreign talent in South Korea

Samsung lowers bar on hiring foreign talent in South Korea

South Korea’s biggest business group Samsung has sweetened the pot to win the technology talent war by lowering the bar for new hires of forei...

Korean court rules in favor of Samsung Bioepis over Regeneron’s Eylea

Korean court rules in favor of Samsung Bioepis over Regeneron’s Eylea

A South Korean court on Friday ruled in favor of Samsung Bioepis Co. in a patent dispute against Regeneron Pharmaceuticals Inc., a US pharmaceutical...

LG Electronics deepens ties with US startup Apex.AI

LG Electronics deepens ties with US startup Apex.AI

LG Electronics Inc. has invested in Apex.AI, a US-based startup developing safety-certified software designed to accelerate the transition of softwa...

KKR recoups $206 mn in block sale of HD Hyundai Marine shares

KKR recoups $206 mn in block sale of HD Hyundai Marine shares

Global private equity firm KKR & Co. Inc. has succeeded in cashing out of its stake in HD Hyundai Marine Solution Co. for 295 billion won ($206 ...

LG renames premium built-in appliance brand; Moody’s outlook up

LG renames premium built-in appliance brand; Moody’s outlook up

LG Electronics Inc., South Korea’s top appliance maker, has rebranded its 10-year-old premium built-in kitchen appliance business to double do...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale