Kolon Global inks Korea’s 1st private wind power supply deal

Kolon Global Corp., the leading South Korean wind farm developer, signed the country’s first private wind power supply deal with local compani...

Korean AI startups yet to join global unicorn club

The number of artificial intelligence unicorns has been on the rise thanks to the AI boom, but none of these South Korean AI startups have yet to jo...

GS25 opens 300th store in Vietnam

South Korean convenience store chain GS25 said on Sunday that it opened its 300th store in Vietnam. This is the milestone since it entered th...

Korean brokerage firms seek to raise $1.2 bn in property funds

South Korean brokerage firms are scurrying to raise more than 1.7 trillion won ($1.24 billion) in private equity funds to bet on soured property loa...

Netmarble leverages existing IPs, M&As to keep growth

Expectations are growing high that Netmarble Corp., South Korea’s second-largest game developer and publisher, will extend its growth streak t...

Handok gets Biocon's obesity drug exclusive distribution in S.Korea

South Korean pharmaceutical company Handok Inc. announced on Friday that it signed an exclusive domestic sales and distribution agreement with India...

Hanwha Aerospace, Hanwha Ocean to develop hydrogen fuel cells

South Korea's Hanwha Aerospace Co. announced on Friday that it will join Hanwha Ocean Co. in a joint R&D initiative to target the eco-friendly...

Samil PwC expands global foothold with Carlyle's Japan KFC deal

Global accounting industry leader PricewaterhouseCoopers’ South Korean member firm is expanding its foothold with global mergers and acquisiti...

Yanolja gains momentum with cloud, overseas trip businesses

SoftBank-backed Yanolja Co. cheered stellar earnings in the first quarter after its new businesses – cloud and outbound trip services – ...

HD Hyundai, Shell to develop liquefied hydrogen carrier

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, announced on Friday that it will collaborate with global energy compa...

Niche real asset creates new opportunities, Korean investors say

The scope of real assets is expanding with new businesses such as infrastructure operating services and supply chain management, creating niche oppo...

World’s No.1 magnet wire maker SPSX mulls Korean IPO

Superior Essex Inc. (SPSX), the world’s top magnet wire provider under South Korea’s LS Group, is mulling an initial public offering in ...

Korea Eximbank provides $1 bn in PF for Saudi Amiral project

The Export-Import Bank of Korea (Eximbank) announced on Thursday that it will provide $1 billion in project financing for the Amiral petrochemical f...

Celltrion eyes M&A in Europe, $3.3 bn Zymfentra sales: chairman

WASHINGTON, D.C. – South Korean biosimilar giant Celltrion Inc. is accelerating its push to transform into a novel drug developer, going after...

SK Broadband's Filmotalk surpasses 6.6 mn cumulative views

South Korea’s internet service provider SK Broadband Co. announced on Wednesday that the cumulative viewership of its offline film talk concer...

Korean investors turn to private credit, secondaries: CIOs

South Korean institutional investors favor private credit as interest rates are expected to remain higher for longer, said speakers at the chief inv...

Japan’s Toray to spend $366 mn on Korean capacity expansion

Japan’s Toray Industries Inc., the leading global carbon textile manufacturer, plans to spend 500 billion won ($366.3 million) to expand eco-f...

Lunit buys breast cancer detection AI firm Volpara Health

Lunit Inc., a South Korean cancer diagnostics AI company, has completed the acquisition of Volpara Health Technologies Ltd., a New Zealand-based AI ...

Korea Investment to expand CLO portfolio with Anchorage Capital

Korea Investment & Securities Co. will scale up its collateralized loan obligation (CLO) business with New York-based investment firm Anchorage ...

HL Holdings wins exclusive AS parts deal from Stellantis

HL Holdings Corp., the holding company of South Korea’s construction-to-auto parts conglomerate HL Group, will be the exclusive supplier of af...

Naver beleaguered by weak Korean businesses amid Line woes

South Korea’s online giant Naver Corp. is struggling with sluggish core domestic businesses – commerce, search and sports – as Jap...

Korean construction machine makers set sights on India, Brazil, Mexico

South Korea’s leading construction machine makers are actively advancing into emerging markets such as India, Brazil, Mexico and Saudi Arabia,...

Korea Inc. nearly triples dividend payments in decade

Cash dividend payments by companies listed on the Korea Exchange, the country's main bourse, have nearly tripled in a decade. They have returned a l...

Amorepacific's Aestura to enter Thai market

South Korean beauty and cosmetics giant Amorepacific Corp. announced on Monday that its derma cosmetic brand Aestura will enter Thailand.Aestura joi...

Korean Air, Amazon to build AI customer center

South Korea's Korean Air Lines Co. announced on Monday that it will build an artificial intelligence (AI) contact center (AICC) platform in collabor...

NPS corp governance committee taps SNU professor as member

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

Korean banks broaden horizons to Mexico, Poland, Africa

South Korean banks are broadening their horizons beyond Asia into Mexico, Poland and Africa in step with Korean manufacturing companies’ globa...

Block deals of Korean stocks surge ahead of tighter regulation

Block trades of South Korean listed shares have surged by six times so far this year from the same period in 2023, according to the Financial Superv...

SK seeks to sell 13.3% stake in Chinese food firm Joyvio

SK Inc., the holding company of South Korea’s second-largest business group SK, is in talks with Joyvio Group to sell its entire 13.3% stake i...

Young rich Koreans set sights on M&As, commercial property deals

Young rich Koreans have emerged as big players in South Korea’s asset management market, expanding into M&As and commercial real estate, a...