KTCU seeks new GPs skilled in raising corporate value
Korean Teachers’ Credit Union (KTCU) will seek out general partners (GPs) that have expertise in corporate workouts, add-on investments and a ...
Zero-carbon, self-driving still in distant future for top Kospi stocks
Shares in Samsung Engineering Co., a leading South Korean plant builder, have skyrocketed about 90% year to date, far outstripping the average rise ...
SK Hynix unveils industry’s highest-performing DRAM chip
SK Hynix Inc., the world’s second-largest memory chipmaker, has unveiled the industry’s highest-performing DRAM with a data speed capabl...
SK Inc. to invest $102 million in China’s copper foil firm Lingbao Wason
SK Inc., the holding and investment company of South Korea’s SK Group, plans to invest 120 billion won ($102 million) in China’s Lingbao...
Coldplay’s 'Music of the Spheres’ review: An over-the-top cosmic lovefest
Coldplay is deep enough into its career that each new album comes packaged with a story. It’s no longer sufficient to issue a new collection o...
Korea’s Simone to spend up to 40% of net profit for dividends
South Korean Simone Acc. Collection Ltd., the world’s No. 1 handbag maker, plans to spend 30-40% of net profit for dividends after a listing n...
Hilton Seoul to be redeveloped as mixed-use complex
Millennium Hilton Seoul will likely join the ranks of five-star hotels in downtown Seoul that were sold for redevelopment into luxury residential or...
Yet another Netflix hit lifts Korean content stocks even higher
South Korea’s major content production houses’ stocks rallied again on the success of yet another Netflix hit drama series, My Name.Shar...
Hyundai Motor, Kia winners in sagging European car market in September
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their market share in Europe rise to a level never seen before...
S.Koreans' global stock, bond holdings at record high
South Korean investors maintained their buying spree in overseas equities and bond markets, with the balance of their holdings in both securities re...
LG Electronics brings gardening indoors with plant cultivator Tiiun
LG Electronics Inc. is bringing gardening indoors by unveiling a plant growing appliance, which allows consumers to grow flowers, vegetables and her...
Yanolja likely to buy $250 mn stake in Interpark spin-off
South Korea's top travel and accommodation platform Yanolja Inc., backed by SoftBank, was on Thursday named as the preferred buyer of a majority sta...
Computers, a must-have in the contactless work-from-home era
Computers, a must-have in the contactless work-from-home era South Korea’s exports of computers and peripheral devices have logged steady gro...
Korean shipbuilders turn focus to high-value vessels
South Korean shipbuilders, brimming with heavy order backlogs, are turning their focus to high-value and eco-friendly vessels for new orders as the ...
POSCO emerges from pandemic blues with record third-quarter profit
South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high quarterly ...
LG Energy Solution’s IPO plan remains elusive after GM recall settlement
South Korea’s top battery maker LG Energy Solution Ltd. is about to resume its initial share sale plan shelved for months due to the uncertain...
Ssangyong Motor struggles to find new owner
Ssangyong Motor Co., the troubled South Korean sport utility vehicle manufacturer, is struggling to find a new owner amid doubts as to whether the e...
Joe Bae to co-lead KKR as 2nd Korean-descendent CEO of a PE giant
Joseph Bae, co-president of KKR & Co., was named as its co-chief executive officer this week, becoming the second Korean descendent CEO to lead ...
Won hits 15-month low as global inflation woes spur equity outflow
The South Korean won weakened past the psychologically important 1,200 per dollar mark for the first time in 15 months as growing worries about glob...
KKR named as preferred buyer of SK E&S' $2 bn new shares
KKR & Co. has secured the exclusive negotiating rights to buy SK E&S Co.'s new preferred shares worth 2.4 trillion won ($2 billion), which t...
LG Chem to build technical support centers in EU, US
LG Chem Ltd. will expand global clients’ accessibility to its technical support professionals. The chemical company said on Oct. 11 that it wi...
S.Korean heavy equipment makers ride global raw materials boom
The surging demand for raw materials around the world are driving sharp sales rebounds of South Korea’s two leading equipment makers Hyundai C...
Toss acquires Tada, taps into mobility market
South Korea-based mobile financial platform Toss, which has been expanding its operations across the financial sector, is set to foray into the mobi...
Samsung Q3 operating profit at 3-year high on chips, Galaxy
Samsung Electronics Co., the world’s top memory chip and smartphone maker, reported its highest operating profit in three years with record ...
Hyundai Heavy to rebuild talent pool for tech-driven biz restructuring
Hyundai Heavy Industries Group will deploy more than half of its new hires of R&D in future growth areas such as hydrogen, self-driving vessels,...
Stonebridge Ventures, Capstone prepare for 2022 IPOs
Stonebridge Ventures, South Korea's most profitable venture capital firm, will submit its application for an initial public offering this month to l...
Digital transformation, a matter of life and death: Autodesk CEO
SILICON VALLEY – One of the things that have drastically changed the business environment in the pandemic era is the prevalence of companies t...
Merchant liner SM Line to list on Kosdaq in November
South Korea’s merchant liner SM Line Corp. is set to become a publicly-traded company in November. SM Line has submitted its securities regist...
New Mercedes-Benz C-Class equipped with LG ADAS camera
The new Mercedes-Benz C-Class is equipped with LG Electronics Inc.’s advanced driving assistance system (ADAS) camera module, helping the Sout...
Chip shortage slams Korean carmakers’ new car rollouts
The unprecedented global chip shortage is thwarting automakers’ plans to roll out new vehicles, with some popular models set to be delivered t...
