IMM joins $600 mn fund for K-beauty unicorn Goodai Global in M&A drive

IMM joins $600 mn fund for K-beauty unicorn Goodai Global in M&A drive

IMM Private Equity and five other South Korean private equity firms are set to invest a total of 800 billion won ($600 million) in Goodai Global Inc...

GM CEO Mary Barra quells Korea exit talk amid mounting auto tariff pressures

GM CEO Mary Barra quells Korea exit talk amid mounting auto tariff pressures

US auto giant General Motors Co. is regarding its South Korean factories as central to its global supply chain, particularly for compact SUVs and el...

Hyundai Hyms sale kicks off as J& Private Equity sends out teaser letters

Hyundai Hyms sale kicks off as J& Private Equity sends out teaser letters

Hyundai Hyms Co., a Kosdaq-listed ship block manufacturer, is officially on the auction block as its private equity owner, J& Private Equity (J&...

TaylorMade sale takes new turn as F&F hires Goldman for bid

TaylorMade sale takes new turn as F&F hires Goldman for bid

F&F Holdings Co., a South Korean fashion retailer and the largest strategic investor in TaylorMade, has entered a head-to-head showdown with Cen...

Blackpink’s Jump tops Spotify Global Chart, sets K-Pop record

Blackpink’s Jump tops Spotify Global Chart, sets K-Pop record

With their latest digital single Jump, Blackpink has become the first – and so far only – South Korean act to top Spotify’s Global...

HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch

HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch

HYBE Co., a South Korean music powerhouse, is turning up the heat this summer with a wave of major releases, including a live album from its flagshi...

LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries

LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries

Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell ...

K-beauty craze sends Olive Young online sales to new heights

K-beauty craze sends Olive Young online sales to new heights

CJ Olive Young Corp., South Korea’s top beauty store chain, is another beneficiary of the global K-beauty surge, with its online cosmetics sal...

Blackpink's new single Jump tops Spotify daily chart

Blackpink's new single Jump tops Spotify daily chart

Blackpink's new single Jump has rocketed to No. 1 on the Spotify Daily Top Songs Global chart, YG Entertainment Inc., the company behind the girl gr...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet

South Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomo...

Return of the K-pop queens: Blackpink, Twice power up YG, JYP

Return of the K-pop queens: Blackpink, Twice power up YG, JYP

Blackpink and Twice, two of South Korea’s most prominent K-pop female acts, made high-profile returns on Friday with new releases, heightening...

K Shipbuilding up for sale as Korean shipyards ride new boom

K Shipbuilding up for sale as Korean shipyards ride new boom

K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market this month after a strong turnaround. The deal, estimated at 500 ...

Korean waste management firm Koentec put on market for $730 mn

Korean waste management firm Koentec put on market for $730 mn

Korea Environment Technology Co. (Koentec) is up for sale in a deal that could fetch up to 1 trillion won ($730.4 million) with global private equit...

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs

Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, has abandoned plans to build a new manufacturing plant in Mexico and ...

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan

J.P. Morgan, a leading US investment bank, has thrown its weight behind South Korea’s landmark commercial act revision, saying that the new go...

S.Korea to elevate science minister to deputy prime minister to lead in AI race

S.Korea to elevate science minister to deputy prime minister to lead in AI race

South Korea will elevate its new science minister to a deputy ministerial post, giving him authority to serve as the top coordinator of the governme...

Yonsei University: Unlikely yet adroit dealmaker in S.Korea’s M&A market

Yonsei University: Unlikely yet adroit dealmaker in S.Korea’s M&A market

For decades, or probably for centuries, Yonsei University has been seen as an ivory tower – a place for academics – in South Korea.One o...

The wait is over: BTS are back with new album, global tour in spring 2026

The wait is over: BTS are back with new album, global tour in spring 2026

Now the wait is over.BTS are back – as a full-member group after a four-year hiatus.The seven-member boy band is returning with a new album in...

Taekwang, Anchor Equity shortlisted for Aekyung stake

Taekwang, Anchor Equity shortlisted for Aekyung stake

Taekwang Industrial Co., a South Korean chemical and textile company, and Anchor Equity Partners, a Hong Kong-based private equity firm, have emerge...

Netmarble to debut new games with fresh IPs, platforms in second half

Netmarble to debut new games with fresh IPs, platforms in second half

Netmarble Corp. is gearing up for a strong year-end with plans to launch at least six more new games, powered by original intellectual properties, a...

S.Korea’s pension fund NPS posts weaker returns amid US tariff concerns

S.Korea’s pension fund NPS posts weaker returns amid US tariff concerns

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is posting sh...

GEPS taps former KB Asset chief risk officer as new CIO

GEPS taps former KB Asset chief risk officer as new CIO

South Korea’s Government Employees Pension Service (GEPS) on Wednesday appointed Sohn Young-jin, former head of risk management at KB Asset Ma...

Affinity Equity nets $220 mn from block sale of Shinhan Financial

Affinity Equity nets $220 mn from block sale of Shinhan Financial

Affinity Equity Partners has unloaded its remaining shares in Shinhan Financial Group, the second largest banking group in South Korea, for about 58...

Growth equity portfolio largely shielded from policy headwinds: Summit

Growth equity portfolio largely shielded from policy headwinds: Summit

Growth equity investments have remained largely stable in the face of recent policy shifts, with key sectors like technology and healthcare avoiding...

Calls grow for stronger LP oversight in national strategic asset M&As

Calls grow for stronger LP oversight  in national strategic asset M&As

MBK Partners’ takeover attempt of Korea Zinc Inc. has exposed the vulnerability of national strategic assets to private equity ownership, posi...

Samsung to thrash out strategy amid Trump, Middle East crisis

Samsung to thrash out strategy amid Trump, Middle East crisis

Samsung Electronics Co., South Korea’s most valuable company, is convening its most senior executives this week to plot its path back to the t...

Hong Kong-based Anchor Equity puts Korea's Danbi Education up for sale

Hong Kong-based Anchor Equity puts Korea's Danbi Education up for sale

Anchor Equity Partners, a Hong Kong-based private equity firm, is putting its majority stake in South Korea’s top children’s smart educa...

SK, AWS to build South Korea’s largest, multibillion-dollar AI data center

SK, AWS to build South Korea’s largest, multibillion-dollar AI data center

South Korea’s second-largest conglomerate SK and Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, will build a 103...

Samsung supplies HBM3E to AMD’s new accelerators

Samsung supplies HBM3E to AMD’s new accelerators

Samsung Electronics Co. has delivered the fifth-generation high-bandwidth memory (HBM) to a major AI chip maker, Advanced Micro Devices Inc. (AMD), ...

MBK-invested Homeplus looks for new owner as M&A emerges as option

MBK-invested Homeplus looks for new owner as M&A emerges as option

South Korea’s leading hypermarket chain Homeplus Co. is once again up for sale, a decade after private equity firm MBK Partners Ltd. took it p...

IMM joins $600 mn fund for K-beauty unicorn Goodai Global in M&A drive Blackpink’s Jump music video achieves 100 mn YouTube views Seoul signals agricultural market access on tariff talks table amid intensifying US trade pressure Korea’s top four financial holding firms post stellar Q2 profit on won, non-interest gains KB Asset poised to buy Signature Tower in Seoul for over $700 mn