Korean startup Epikar succeeds in attracting series A investment

Korean startup Epikar succeeds in attracting series A investment

Epikar, a car retail digital conversion solution company, said on Thursday that it has succeeded in attracting Series A investment from a number of ...

S.Korea's Bespin Global, Daewoo E&C sign smart city deal with Aussie company

S.Korea's Bespin Global, Daewoo E&C sign smart city deal with Aussie company

South Korea's cloud management company Bespin Global on Wednesday said its subsidiary Bespin Global Vietnam formed a strategic partnership with Daew...

SK C&C to automate production process of SKC's US subsidiary

SK C&C to automate production process of SKC's US subsidiary

SK C&C announced on Wednesday that it will start a project to install a full-process automation system based on its smart factory platform I-FAC...

Korean startup Mathpresso completes $59 mn Series C investment

Korean startup Mathpresso completes $59 mn Series C investment

Mathpresso, the company that operates the artificial intelligence (AI)-based learning platform Qanda, said on Tuesday that it has completed Series C...

S.Korea's startup Bunker Kids raises $1.5 million in Series A funding

S.Korea's startup Bunker Kids raises $1.5 million in Series A funding

South Korea's tech start-up Bunker Kids announced on Tuesday that it raised 2 billion won ($1.5 million) through Series A investment from Korean ven...

New drug developer Onconic Therapeutics raises $20 mn in Series B

New drug developer Onconic Therapeutics raises  $20 mn in Series B

South Korean drug developer Onconic Therapeutics, announced on Friday that it raised 26 billion won ($19.9 million) in Series B funding, with cumula...

KIC buys stake in US credit asset manager Golub Capital

KIC buys stake in US credit asset manager Golub Capital

Korea Investment Corporation (KIC) has made its first direct investment in an asset management firm, the South Korean sovereign wealth fund said on ...

South Korea to boost fintech fund to 1 trillion won

South Korea to boost fintech fund to 1 trillion won

South Korea's financial authorities have decided to increase the size of the Fintech Innovation Fund from 500 billion won($379 million) to 1 trillion ...

LG Electronics' OLED evo touted as Best TV of the Year

LG Electronics' OLED evo touted as Best TV of the Year

LG Electronics Inc.' OLED Evo has been touted as "The Best TV of the Year" by several global media outlets.According to company sources on Wednesday...

Korean restaurant startup GFFG raises $23 million in Series A round 

Korean restaurant startup GFFG raises $23 million in Series A round 

South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced Monday that it raised 30 billion won ($23.2 million) in Series A roun...

MBK joins acquisition of $1.3 bn debts in Marelli from KKR

MBK joins acquisition of $1.3 bn debts in Marelli from KKR

MBK Partners Ltd., alongside Deutsche Bank AG and other four investment firms, has acquired $1.3 billion worth of distressed debts in auto-parts sup...

Hanwha Aerospace to launch 4 more Nuri rockets under $220 mn project

Hanwha Aerospace to launch 4 more Nuri rockets under $220 mn project

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is planning on four additional launches of the country’s first h...

Korea adopts USB-C as unified connector for phone charging cable

Korea adopts USB-C as unified connector for phone charging cable

The Korean government has released guidelines on its designation of USB-C as the unified national standard for charging and data transfer connectors...

HanmiGlobal lands series of orders from Saudi's Neom city project

HanmiGlobal lands series of orders from Saudi's Neom city project

HanmiGlobal Co. on Monday said it has earned contracts for the construction and development of Neom, the urban development project seeking to build ...

Nexon named preferred bidder for 50% of office tower from KTCU

Nexon named preferred bidder for 50% of office tower from KTCU

Gaming giant Nexon Co. is set to acquire a 50% stake in the Autoway Tower, an office building in Seoul's Gangnam business district, from the Korean ...

Hyundai E&C creates world's first children's playground using 3D printing

Hyundai E&C creates world's first children's playground using 3D printing

Hyundai Engineering & Construction said on Thursday it has installed children's playground equipment it made using 3D printing technology at Hil...

Medical data platform operator JNPMEDI raises $10 mn in Series A funding

Medical data platform operator JNPMEDI raises $10 mn in Series A funding

Medical data platform operator JNPMEDI Inc. announced on Tuesday that it raised 14 billion won ($10.3 million) in a Series A round. Pavilion Ca...

KEPCO turns from bonds to banks for money on govt plans

KEPCO turns from bonds to banks for money on govt plans

Korea Electric Power Corp. (KEPCO) is set to raise 600 billion won ($442 million) from a local bank in a plan to seek loans to secure money instead ...

Korea's NPS to get partial tax refund on US real estate sales

Korea's NPS to get partial tax refund on US real estate sales

South Korea’s National Pension Service (NPS) is set to receive a tax refund of 30 billion won ($22.4 million) from the US Internal Revenue Ser...

South Korea's DL E&C wins 1st petrochemical plant order in US

South Korea's DL E&C wins 1st petrochemical plant order in US

South Korean construction company DL E&C has landed its first contract to build a petrochemical plant in the US.The company on Thursday said it ...

Korea's Lotte Chem likely to raise $745 mn via rights offering

Korea's Lotte Chem likely to raise $745 mn via rights offering

South Korea’s Lotte Chemical Corp. is poised to decide to raise more than 1 trillion won ($745.4 million) of capital at its board meeting this...

Delivery startup VtoV raises $7.2 million from Series A round 

Delivery startup VtoV raises $7.2 million from Series A round 

South Korean logistics startup VtoV, the operator of optimized delivery service To-Day, raised 9.5 billion won ($7.2 million) from a Series A round....

Hyundai E&C unveils 1st designs for Korean-made UAM vertiports

Hyundai E&C unveils 1st designs for Korean-made UAM vertiports

South Korea's Hyundai Construction and Engineering (E&C) has unveiled for the first time its concept designs for the urban air mobility (UAM) in...

Samsung C&T, KSS Line to jointly transport clean hydrogen, ammonia

Samsung C&T, KSS Line to jointly transport clean hydrogen, ammonia

Samsung C&T Corp., the construction and trading arm of Samsung Group, is set to build an infrastructure for maritime transportation of clean hyd...

Korean PE firms struggle with fundraising on illiquidity

Korean PE firms struggle with fundraising on illiquidity

South Korean private equity (PE) firms are having trouble fundraising as institutional investors' capital for new investment is drying up amid inter...

Hanwha E&C to expand offshore wind power business

Hanwha E&C to expand offshore wind power business

South Korea's Hanwha Engineering and Construction (E&C) on Tuesday concluded a business agreement on joint development of offshore wind power in...

Samsung to only use Qualcomm’s AP for Galaxy S23 series

Samsung to only use Qualcomm’s AP for Galaxy S23 series

Samsung Electronics Co. is poised to release the Galaxy S23 series smartphones in mid-February, those familiar with the development told The Korea E...

S.Korea prepares to launch $7.6 bn stock market stabilization fund

S.Korea prepares to launch $7.6 bn stock market stabilization fund

South Korea last week completed the process needed to launch a stock market stabilization fund of 10.76 trillion won ($7.6 billion). The timing for ...

Korea's Meritz Group likely to sell off its asset management arm

Korea's Meritz Group likely to sell off its asset management arm

South Korea’s Meritz Financial Group Inc. is poised to sell off its subsidiary Meritz Asset Management Co., The Korea Economic Daily understoo...

KIC sees secondary and deep value investments as attractive

KIC sees secondary and deep value investments as attractive

Korea Investment Corporation (KIC) is eyeing secondary and deep value strategies, the sovereign wealth fund’s Senior Director of Private Equit...

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts 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