Naver's Line makes remote working the new norm; who will be next?

Naver's Line makes remote working the new norm; who will be next?

South Korea-based Line Plus Corp. is set to become the country's first large business group to allow employees to work from home permanently. T...

Singapore emerges as new financial hub for S.Korean banks

Singapore emerges as new financial hub for S.Korean banks

South Korea’s major banks are rushing to Singapore as the city-state is emerging as a new financial hub in Southeast Asia, replacing the tradi...

Hyundai Mobis unveils new grille technology for EVs

Hyundai Mobis unveils new grille technology for EVs

South Korea’s largest auto parts maker Hyundai Mobis announced on June 17 that it has developed a new grille technology that allows drivers to...

PigUp targets MZ consumers with new meat culture

PigUp targets MZ consumers with new meat culture

South Korea's island of Jeju is famous for its native citrus and pork. It's also where Shin Woo-sup, the founder of startup studio Futurera, came up...

Samsung’s new 5G multi-chip combines DRAM, NAND into one package

Samsung’s new 5G multi-chip combines DRAM, NAND into one package

Samsung Electronics Co. has unveiled a new multi-chip that integrates high-performance DRAM and NAND flash memory chips into a single compact packag...

Hyundai Oilbank revives IPO push, expands blue hydrogen business

Hyundai Oilbank revives IPO push, expands blue hydrogen business

South Korean refiner Hyundai Oilbank Co. is seeking to list its shares on the local bourse next year, according to its parent Hyundai Heavy Industri...

Korean firms split into new units for fair valuation amid uncertainty

Korean firms split into new units for fair valuation amid uncertainty

The blurring of industry boundaries and increasing new opportunities in the pandemic era are driving major Korean companies to split businesses into...

IMM Investment eyes $900 mn infrastructure fund launch

IMM Investment eyes $900 mn infrastructure fund launch

IMM Investment Corp., a South Korean alternative investment firm, is planning to raise 1 trillion won ($900 million) for its new infrastructure fund...

Toss Bank to compete with K Bank, Kakao Bank from September

Toss Bank to compete with K Bank, Kakao Bank from September

Toss Bank in September will enter the race of internet-only banks in South Korea as the third player, competing against K Bank and Kakao Bank. Toss ...

LG unveils fresh-faced logo designs to firm up brand storytelling

LG unveils fresh-faced logo designs to firm up brand storytelling

South Korea-based electronics giant LG has revealed new designs of its logo, "Face of the Future," in a move to upgrade its brand storytelling. On J...

JW Pharm exports new antibiotic substance to US

JW Pharm exports new antibiotic substance to US

JW Pharmaceutical Co. has become the first South Korean drug maker to develop the generic version of a next-generation antibiotic substance, the med...

Parts maker Mando to split off self-driving operations

Parts maker Mando to split off self-driving operations

Mando Corp., a South Korean auto parts maker under Halla Group, is splitting off the autonomous driving business into a separate entity to sharpen i...

Samsung unveils low-end 5G phone to rival China’s cheap models

Samsung unveils low-end 5G phone to rival China’s cheap models

Samsung Electronics Co. on Friday launched a low-end 5G smartphone in overseas markets amid intensified price competition initiated by Chinese mobil...

HYBE raises $400 mn in a move to diversify BTS-dependent portfolio

HYBE raises $400 mn in a move to diversify BTS-dependent portfolio

HYBE Co., the global entertainment powerhouse behind BTS, has successfully closed its previously announced rights offering to raise 445.5 billion wo...

NPS adopts limited negative screening on high emitters

NPS adopts limited negative screening on high emitters

South Korea's National Pension Service (NPS) decided on Friday to exclude from its portfolio new coal-fired power development projects both at home ...

Hyundai Motor’s new XCIENT truck raises hydrogen game in Europe

Hyundai Motor’s new XCIENT truck raises hydrogen game in Europe

South Korea’s top automaker Hyundai Motor Co. has unveiled an upgraded version of its fuel cell truck XCIENT, turning up the heat on rivals in...

Metaverse makes digital nomads the new norm

Metaverse makes digital nomads the new norm

It’s been about four months since Lee Seul, a manager at real estate app Zigbang, worked from the company office in Gangnam, one of South Kore...

Concurrent deal closings by Kakao, Naver: Mere coincidence?

Concurrent deal closings by Kakao, Naver: Mere coincidence?

Early this month, when Anchor Equity Partners was in intense negotiations with Kakao Corp. over the terms of its 600 billion won ($530 million) inve...

Korean foundry firm DB HiTek sets new Q1 sales record

Korean foundry firm DB HiTek sets new Q1 sales record

South Korea’s foundry company DB HiTek Co. has reported the highest quarterly revenue since its establishment in 1997. The company’s reg...

KIC appoints career bureaucrat as new CEO

KIC appoints career bureaucrat as new CEO

Jin Seoungho, an ex-senior finance ministry official in South Korea, will take office as Korea Investment Corporation's (KIC) new chief executive on...

SK Innovation set to flex muscle with $4 bn in new cash

SK Innovation set to flex muscle with $4 bn in new cash

SK Innovation Co., South Korea's leading electric vehicle battery maker, is on course to raise more than 5 trillion won ($4.5 billion) this year fro...

NPS shelves plan for negative screening on high emitters

NPS shelves plan for negative screening on high emitters

The National Pension Service has shelved a plan to introduce negative screening on coal mines and relevant businesses in an aim to build a low-carbo...

Corporate storytelling: S.Korean firms' next growth key

Corporate storytelling: S.Korean firms' next growth key

South Korea’s major companies are increasingly adopting corporate storytelling as a means of rebranding their identities.As the companies enjo...

KOTAM raises $185 mn for BlackRock's new energy fund

KOTAM raises $185 mn for BlackRock's new energy fund

Korea Transportation Asset Management (KOTAM) has raised $185 million from five domestic institutional investors to commit to BlackRock's new renewa...

Korea has vital role in a green post-COVID world

Korea has vital role in a green post-COVID world

Rapid development and roll-out of COVID-19 vaccines globally are occupying the headlines of major media outlets. We are now well over a year into the ...

LG Chem expands carbon nanotube production with new plant

LG Chem expands carbon nanotube production with new plant

South Korea's LG Chem Ltd. has completed an extension of its production line for carbon nanotubes (CNTs), known as a wonder material for its strengt...

Kia raises $700 mn in foreign green bonds

Kia raises $700 mn in foreign green bonds

Kia Corp. has issued its first foreign currency ESG bonds worth $700 million to strengthen its investment in electric vehicles and other eco-friendl...

Hanwha Solutions eyes $300 mn green dim sum bond issue

Hanwha Solutions eyes $300 mn green dim sum bond issue

Hanwha Solutions Corp., a South Korean petrochemical and renewable energy company, plans to raise 2 billion yuan ($300 million) in a green bond issu...

Google to buy $50 mn new shares in Kakao Mobility

Google to buy $50 mn new shares in Kakao Mobility

Google Inc. will acquire 56.5 billion won ($50 million) worth of new Kakao Mobility Corp. shares, in a strategic investment in the South Korean mobi...

How South Korea can prevent a self-defeating green recovery

How South Korea can prevent a self-defeating green recovery

The rules of economic growth have changed. From the disruption of the COVID-19 pandemic, governments have emerged with renewed sense of purpose, activ...

Yonsei University: Unlikely yet adroit dealmaker in S.Korea’s M&A market S.Korea corporate law reform gains bipartisan support Hyundai Rotem seals record $6.5 bn K2 tank deal with Poland IGIS Asset resumes sale of KIC-backed Shilla Stay Seodaemun The wait is over: BTS are back with new album, global tour in spring 2026