K-beauty sales see sharp drop at China's major shopping event

K-beauty sales see sharp drop at China's major shopping event

South Korean cosmetics giants failed to win over Chinese consumers at the 618 Shopping Festival, one of the largest online annual shopping events in...

Top Korean companies’ new battlefield: Used car market

Top Korean companies’ new battlefield: Used car market

Hyundai Motor Co., Lotte Rental Co., and KB Financial Group, the No. 1 players in each of their sectors, are gearing up to fight in a new arena &nda...

Samsung to fuel rivalry with Sony in mobile image sensor market

Samsung to fuel rivalry with Sony in mobile image sensor market

Samsung Electronics Co. is set to narrow the gap with bigger competitor Sony in the global image sensor market. The South Korean tech giant introduc...

SK Ecoplant to inject $100 mn in Korean solar energy firm Topsun

SK Ecoplant to inject $100 mn in Korean solar energy firm Topsun

South Korea's top waste management company SK Ecoplant Co., a unit of conglomerate SK Inc., is slated to complete talks to invest 130 billion won ($...

S.Korean conglomerates look to paint future with NFTs

S.Korean conglomerates look to paint future with NFTs

The non-fungible token (NFT) ecosystem has penetrated into mainstream society. NFTs are digital assets that represent objects in the physical world,...

Falling nickel prices: A boon for Korean battery makers over Chinese rivals

Falling nickel prices: A boon for Korean battery makers over Chinese rivals

South Korea’s three battery players – LG Energy Solution Ltd., SK On Co. and Samsung SDI Co. – are getting a tailwind from the fal...

Hyundai Mobis CEO runs for ISO president as first Korean candidate

Hyundai Mobis CEO runs for ISO president as first Korean candidate

Hyundai Mobis Co. CEO Cho Sung-hwan has registered as a candidate for the next presidential election of the International Organization for Standar...

Foreign ownership of S.Korean stocks at 13-year low

Foreign ownership of S.Korean stocks at 13-year low

Foreign investors’ stockholdings in South Korea have plunged to their lowest level in nearly 13 years, dealing a heavy blow to the domestic st...

Seoul poised to paint over Hong Kong in fine arts

Seoul poised to paint over Hong Kong in fine arts

Back in 2013, Hong Kong painted itself as the uncontested leader in Asia’s art scene – over Singapore, Shanghai, and Tokyo. Art Bas...

Hyundai's woes: Too many cars rolling out of Korean plants

Hyundai's woes: Too many cars rolling out of Korean plants

The eight-day South Korean truck drivers’ strike that ended last week has laid bare one long-standing but often ignored problem at the country...

Rolls-Royce awards Hanwha Aerospace for trusted partnership

Rolls-Royce awards Hanwha Aerospace for trusted partnership

South Korea’s Hanwha Aerospace Co., has been chosen as one of the best partners of Rolls-Royce, the world’s leading aircraft engine ma...

Axiom Space invites Koreans to $500 million space hotel fundraising

Axiom Space invites Koreans to $500 million space hotel fundraising

Axiom Space Inc., which is developing the world’s first commercial space station, is seeking to raise $500 million from South Korean investors...

Pet health: Korean genetic testing firms' new target market

Pet health: Korean genetic testing firms' new target market

South Korean direct-to-consumer (DTC) genetic testing companies are rushing to the veterinary diagnostics market where they see greater potential gr...

Poland closer to deal to buy South Korean fighter jets, tanks, howitzers

Poland closer to deal to buy South Korean fighter jets, tanks, howitzers

Poland is moving closer to clinching a megadeal to buy South Korean weapons such as fighter jets, tanks and artillery amid the ongoing Russian war o...

LG Elec looks to pluck AI talent from Amazon, Microsoft

LG Elec looks to pluck AI talent from Amazon, Microsoft

LG Electronics Inc.’s artificial intelligence head Lee Hyun-chul flew to Seattle this week to lure AI talent from Microsoft Corp. and Amazon.c...

LianBio teams with Korean MediRama to ease US biotechs' foray into Asia

LianBio teams with Korean MediRama to ease US biotechs' foray into Asia

  LianBio, a Nasdaq-listed biotechnology company, has joined hands with MediRama Co., a South Korean clinical development firm, to help promis...

Envioneer, Toray to make super fibers for EV insulators

Envioneer, Toray to make super fibers for EV insulators

Envioneer Co., a South Korean composite materials manufacturer, and Toray Advanced Materials Korea Inc. joined forces to launch businesses of aromat...

Korean truck drivers end strike as govt agrees to extend wage guarantee

Korean truck drivers end strike as govt agrees to extend wage guarantee

South Korea’s unionized truck drivers have decided to end their eight-day strike after the government agreed to extend minimum wage guarantees...

Brokerages sit on $5.3 bn of global alternative assets to sell down

Brokerages sit on $5.3 bn of global alternative assets to sell down

Some major securities firms in South Korea are having difficulties with overseas alternative assets they have yet to sell down. The brokerage firm...

Renault confident of Korean sales recovery; looks to larger cars

Renault confident of Korean sales recovery; looks to larger cars

When French carmaker Groupe Renault dropped Samsung from its South Korean unit's company name in March, it aroused worries that the firm may not be ...

Industrial losses balloon as Korean trucker strike enters 7th day

 Industrial losses balloon as Korean trucker strike enters 7th day

South Korea’s manufacturing sector faces ballooning losses across industries as the trucker strike entered its seventh day on Monday, disrupti...

South Korean tech juggernauts turn their characters into NFTs 

South Korean tech juggernauts turn their characters into NFTs 

South Korea’s tech behemoths are turning the companies’ characters into non-fungible tokens (NFTs) with the aim of creating an intellect...

Korean bio firms flock to US as SV Invest eyes $100 million bio fund

Korean bio firms flock to US as SV Invest eyes $100 million bio fund

SV Investment, a South Korean venture capital and private equity firm, is looking to launch a $100 million bio fund in the US as a growing number of...

Why Korean chipmakers struggle with talent shortages

Why Korean chipmakers struggle with talent shortages

South Korean President Yoon Suk-yeol on Tuesday lashed out at Vice Education Minister Chang Sang-wan during a cabinet meeting, after Chang pointed t...

Korean LPs join Antares Capital’s $3.5 bn credit fund

Korean LPs join Antares Capital’s $3.5 bn credit fund

A few key institutional investors in South Korea are set to commit up to $300 million to a $3.5 billion private credit fund by US private debt man...

S.Korean trucker strike enters 3rd day, targets Samsung’s supply chain

S.Korean trucker strike enters 3rd day, targets Samsung’s supply chain

South Korea’s unionized truckers, on day three of a large-scale strike, have moved to disrupt the supply of materials needed to manufacture se...

McDonald’s to sell Korea operation, heating up burger M&As

McDonald’s to sell Korea operation, heating up burger M&As

McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heating up the mergers an...

S.Korea’s PE fundraising may fall after two-year growth

S.Korea’s PE fundraising may fall after two-year growth

The National Pension Service will reduce the amount of its new capital commitment to domestic private equity firms by 17% to 500 billion won ($400 m...

South Korean startups raise record-high Series A funding

South Korean startups raise record-high Series A funding

South Korea's early stage startups raised a record amount of funding in the last 12 months.Even though venture capital firms at home and abroad are ...

Baring PEA set to buy $1 bn stake in PI Advanced Materials

Baring PEA set to buy $1 bn stake in PI Advanced Materials

Hong Kong-based Baring Private Equity Asia is set to buy a majority stake in the world’s largest polyimide film manufacturer PI Advanced Mater...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race