Korean Air soars with best quarterly results in its history

Korean Air soars with best quarterly results in its history

Korean Air is flying high after breaking its quarterly record for the second time this year thanks to growing profits from passenger flights as well...

Korean LED maker marks 100th victory in global patent wars

Korean LED maker marks 100th victory in global patent wars

Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, won a patent lawsuit in Germany, setting a recor...

Hyundai Oilbank extends US fuel export deal with Sunoco

Hyundai Oilbank extends US fuel export deal with Sunoco

Hyundai Oilbank Co. extended a deal with US independent fuel distributor Sunoco LP to export petroleum products to Hawaii as the South Korean refine...

SpaceX to receive $44 mn injection from Korean high-net-worth individuals

SpaceX to receive $44 mn injection from Korean high-net-worth individuals

South Korea’s Mirae Asset Securities Co., which committed $100 million to Elon Musk’s Space Exploration Technologies Corp. (SpaceX) in J...

LG Electronics, 6 stellar startups to jointly develop B2B growth engines

LG Electronics, 6 stellar startups to jointly develop B2B growth engines

LG Electronics will team up with promising startups to discover and develop new growth engines for business-to-business (B2B) operations. LG Electro...

Corporate VC veterans pinpoint their best investments 

Corporate VC veterans pinpoint their best investments 

South Korean conglomerates in recent years have ramped up their investment in startups, yielding positive returns. Hyundai Motor Co. Vice Pre...

Select Korean companies seek to raise cash reserves

Select Korean companies seek to raise cash reserves

Several corporations have recently sold stocks and real estate apparently to boost liquidity and repay maturing debts amid the "three high" era of h...

Korean American women leaders in finance stress finding joy in work

Korean American women leaders in finance stress finding joy in work

NEW YORK – One by one, impeccably dressed Korean American women flocked into the Anchorage Capital Group’s headquarters in New York City...

Korean Air to introduce new planes, spend $1.7 bn on safety

Korean Air to introduce new planes, spend $1.7 bn on safety

Korean Air Lines Co., the country’s flag carrier, plans to bring in new airplanes and spend $1.7 billion on safety measures after a recent spa...

Small Korean life insurer further rattles bond market

Small Korean life insurer further rattles bond market

A South Korean small insurer has made a rare decision not to buy back dollar perpetual bonds, in the first such case for the country’s issuers...

Hyundai, Kia post record hybrid vehicle sales in US in October

Hyundai, Kia post record hybrid vehicle sales in US in October

Hyundai Motor Co. and Kia Corp., which are gradually increasing their presence in the US market, saw their hybrid vehicle sales reach an all-time hi...

Public-private battery alliance launched to source critical minerals

Public-private battery alliance launched to source critical minerals

The South Korean government, in tandem with the private sector, launched a battery alliance on Tuesday in a bid to support the companies in sourcing...

Foreign PE firms on hunt for Korea Inc. with strong dollar

Foreign PE firms on hunt for Korea Inc. with strong dollar

Foreign private equity firms have taken advantage of the strong dollar to dominate corporate acquisition deals in South Korea, adding to expectation...

Naver Webtoon to pursue profits with Yonder app launch in US

Naver Webtoon to pursue profits with Yonder app launch in US

South Korea’s Naver Webtoon Corp. has been successful in the domestic market with its loyal subscribers willing to pay to read a diverse libra...

Domino’s Korea to use third party delivery agents, the franchise's first case

Domino’s Korea to use third party delivery agents, the franchise's first case

It took a whole year for Domino’s Korea to convince the Michigan-based delivery pizza behemoth for an exemption to its corporate guidance of u...

Germany’s MBraun, Korean university to co-work on solar cells: CEO

Germany’s MBraun, Korean university to co-work on solar cells: CEO

MBraun, an affiliate of Germany’s Indus Holdings AG, plans to invest 1 billion won ($702,000) in a South Korean university as part of a deal t...

Korea’s Peak Bio makes Nasdaq debut via SPAC deal with Ignyte

Korea’s Peak Bio makes Nasdaq debut via SPAC deal with Ignyte

Peak Bio Co., a South Korean biopharmaceutical company, is debuting on the Nasdaq through a merger with US blank cheque company Ignyte Acquisition C...

KBIZ eyes value-added, senior loans for real estate

KBIZ eyes value-added, senior loans for real estate

The Korea Federation of SMEs (KBIZ) bet on value-added and senior loans in global real estate investment this year, the institutional investors&rsqu...

Rising interest rates reshuffle Korean market cap list

Rising interest rates reshuffle Korean market cap list

Rising interest rates amid a slowing global economy rattled South Korean companies’ market capitalization rankings, bumping online players suc...

Vietnamese MZers ensnared by K-beauty, K-fashion, K-everything

Vietnamese MZers ensnared by K-beauty, K-fashion, K-everything

HANOI – Vietnam’s young people are avid fans of Korean culture, collectively known as Hallyu. Trang, a 21-year-old college student, is o...

NPS considers new investment in global real estate

NPS considers new investment in global real estate

South Korea’s National Pension Service (NPS) is open to new investments in overseas real estate, the pension fund’s American real estate...

Teachers' Pension continues focus on global residential, logistics

Teachers' Pension continues focus on global residential, logistics

South Korea’s Teachers’ Pension (TP) will continue its focus on residential and logistics in global real estate investments next year, t...

Korean EV charging startup to launch business in Indonesia

Korean EV charging startup to launch business in Indonesia

South Korea’s electric vehicle charging platform startup is set to make inroads into Indonesia, a prospective EV market with the world’s...

KIC to focus on tech ventures, private debt, infrastructure

KIC to focus on tech ventures, private debt, infrastructure

Korea Investment Corporation (KIC) will continue to look for opportunities in private debt and venture capital investment with mid- to long-term gro...

Singapore PE firm proposes KT&G spin off ginseng biz

Singapore PE firm proposes KT&G spin off ginseng biz

A Singaporean private equity firm has proposed a number of measures to KT&G Corp., the world’s fifth-largest tobacco maker, including a sp...

Korean banks log record profits on rising interest rates

Korean banks log record profits on rising interest rates

South Korea’s major financial groups enjoyed record quarterly earnings as higher policy interest rates increased lending rates, powering the p...

Carlyle, GS Group to buy Korean dental scanner maker

Carlyle, GS Group to buy Korean dental scanner maker

US private equity giant The Carlyle Group and South Korean energy-to-retail conglomerate GS Group will acquire Medit Corp., the world’s third-...

Korea's Mirae Asset to invest $200 mn in Musk’s Twitter deal

Korea's Mirae Asset to invest $200 mn in Musk’s Twitter deal

Mirae Asset Financial Group is set to chip in some $200 million toward Tesla CEO Elon Musk’s $44 billion takeover of Twitter Inc. in acquisiti...

Samsung Elec to expand foundry business to tackle TSMC

Samsung Elec to expand foundry business to tackle TSMC

Samsung Electronics Co., the world’s second-largest foundry company, is set to expand production technology of chips for automobiles, sensors ...

OCI to invest $40 million to expand US solar module production facilities

OCI to invest $40 million to expand US solar module production facilities

OCI Co., a leading South Korean solar power cell manufacturer, said on Monday it will invest $40 million to expand the solar cell module production ...

S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn shares   Seoul vows zero-tolerance measures against unfair stock trading K-style strikes back to win over China’s Gen Z with Musinsa at helm