Hyosung, Linde kick off building world’s largest liquid hydrogen plant

Hyosung, Linde kick off building world’s largest liquid hydrogen plant

Hyosung Group has once again made a key step forward in achieving its long-term ambition to become South Korea’s corporate leader in the hydro...

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...

Korea’s coal power companies squeezed for financing amid ESG fever

Korea’s coal power companies squeezed for financing amid ESG fever

South Korea’s coal power companies are facing tighter scrutiny for debt financing as they are increasingly shunned by financial investors amid...

Kakao becomes 3rd most valuable company in Korea

Kakao becomes 3rd most valuable company in Korea

Kakao Corp. is now the third most valuable company in Korea, after Samsung Electronics Co. and SK Hynix Inc.Kakao’s market cap on June 15 surp...

Hyundai, SK, POSCO, Hyosung agree to launch Korea’s hydrogen council

Hyundai, SK, POSCO, Hyosung agree to launch Korea’s hydrogen council

Hyundai Motor Group and three other South Korean conglomerates have agreed to launch an industry-wide consultative body on hydrogen, underscoring an...

Korean insurers finance Carlyle's $2 bn deal with ESG debt

Korean insurers finance Carlyle's $2 bn deal with ESG debt

South Korean life insurers have made an environmental, social and governance (ESG)-themed investment in The Carlyle Group's €2 billion ($2.4 bi...

Hanwha Systems’ $1 bn rights offer oversubscribed; investors to book gains

Hanwha Systems’ $1 bn rights offer oversubscribed; investors to book gains

South Korea’s Hanwha Systems Co. is set for a successful rights offering as the defense and air mobility unit of Hanwha Group has garnered str...

Goldman Sachs zeros in on midmarket, ESG infrastructure deals

Goldman Sachs zeros in on midmarket, ESG infrastructure deals

Goldman Sachs Asset Management focuses on middle-market, value-add strategy for infrastructure deals, targeting the sectors undergoing a digital tra...

SM Entertainment emerges as next flashpoint for Kakao, Naver rivalry

SM Entertainment emerges as next flashpoint for Kakao, Naver rivalry

As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats up between the countr...

Masayoshi Son-led SoftBank to invest $2 bn in Yanolja

Masayoshi Son-led SoftBank to invest $2 bn in Yanolja

Vision Fund, led by billionaire SoftBank founder Masayoshi Son, has decided to invest around $2 billion in South Korea's largest travel platform Yan...

Kakao Japan secures over $500 mn from Anchor Equity; valuation tops $7 bn

Kakao Japan secures over $500 mn from Anchor Equity; valuation tops $7 bn

Kakao Corp.’s Japanese unit is set to secure 600 billion won ($530 million) from South Korea-based private equity firm Anchor Equity Partners....

Naver joins Korean central bank's digital currency initiative

Naver joins Korean central bank's digital currency initiative

South Korea’s platform giant Naver Corp. is taking the leap into the digital currency platform market with its plans to participate in the Ban...

Samsung to invest $151 bn in foundry by 2030, up 28.5% from initial plan

Samsung to invest $151 bn in foundry by 2030, up 28.5% from initial plan

Samsung Electronics Co. will invest 171 trillion won ($151 billion) by 2030 to take over the global foundry leadership from its archrival TSMC. The ...

Hanwha Group secures $4.4 bn from KDB to finance ESG business

Hanwha Group secures $4.4 bn from KDB to finance ESG business

South Korea’s Hanwha Group has clinched a 5 trillion won ($4.4 billion) commitment from the state-run Korea Development Bank over the next fiv...

Hong Ra-hee: Chief architect of Samsung Group’s art initiative

Hong Ra-hee: Chief architect of Samsung Group’s art initiative

Samsung Group founder Lee Byung-chul was known to be one of the most avid collectors of Korean antiques. Among his vast collection of priceless cult...

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...

GM Korea to halt 2 main plants next week on automotive chip shortage

GM Korea to halt 2 main plants next week on automotive chip shortage

The South Korean unit of US auto giant General Motors Co. will halt two of its three plants next week in the latest sign of the worsening global aut...

S.Korea rolls out next-generation fighter jet KF-21 with local technology

S.Korea rolls out next-generation fighter jet KF-21 with local technology

South Korea on Friday unveiled a prototype of its homegrown fighter jet, the KF-21, two decades after it vowed to develop a next-generation superson...

The BTS of social media: The next Facebook will come from South Korea

The BTS of social media: The next Facebook will come from South Korea

South Korea is hitting its stride as an innovator, but it’s an overnight success story over 20 years in the making. Coupang’s $60B IPO t...

Korean Air kicks off biggest-ever rights offer to finance Asiana takeover

Korean Air kicks off biggest-ever rights offer to finance Asiana takeover

Korean Air Lines Co. has kicked off its 3.3 trillion won ($3 billion) rights offering, the biggest amount ever by any South Korean company, to help ...

Naver plans over $1 bn bond issue in H1 to finance platform investment

Naver plans over $1 bn bond issue in H1 to finance platform investment

Naver Corp., South Korea’s top online portal, plans a bond issue worth as much as 1.26 trillion won ($1.13 billion) in local and ove...

LG Display unveils brighter next-generation OLED TV panel, to add models

LG Display unveils brighter next-generation OLED TV panel, to add models

LG Display Co., a major South Korean display panel maker, has unveiled a next-generation OLED TV panel that enables brighter and more vivid picture ...

Hahn & Co finances $700 mn Korean Air deal with about $400 mn debt

Hahn & Co finances $700 mn Korean Air deal with about $400 mn debt

Hahn & Co., a South Korean private equity firm, has completed the payment for the 790 billion won ($722 million) purchase of Korean Air Lines' i...

KEXIM to finance Korean firms' Mozambique LNG plant project

KEXIM to finance Korean firms' Mozambique LNG plant project

The Export-Import Bank of Korea (KEXIM) will provide $500 million in project financing to South Korean companies for their $550 million construction...

S. Korean COVID-19 test kit maker eyes listing next year

S. Korean COVID-19 test kit maker eyes listing next year

SD Bio Sensor, Inc., a South Korea-based manufacturer of COVID-19 test kits, is pushing to go public early next year, drawing market attention as a st...

KEPCO set to finance $190 mn for Vietnam’s coal power plant project

KEPCO set to finance $190 mn for Vietnam’s coal power plant project

Korea Electric Power Corp. (KEPCO) will move forward with its participation in Vietnam’s coal-fired power plant project, after the deal came c...

KB Financial to end coal project financing for low-carbon economy

KB Financial to end coal project financing for low-carbon economy

KB Financial Group will no longer finance coal power projects at home and abroad, nor invest in them, said the South Korean banking group, with a set ...

Hyundai Card issues green bonds worth $379 mn to finance eco-friendly services

Hyundai Card issues green bonds worth $379 mn to finance eco-friendly services

Hyundai Card Co. has issued green bonds worth 450 billion won ($379 million) to fund its green car financing services, the credit card company said on...

South Korea moves in on overseas coal project financing ban

South Korea moves in on overseas coal project financing ban

South Korea's parliament looks set to pass new legislation to ban financing on foreign coal power projects, putting all overseas coal-fired plant deal...

Companies eye $2 bn sneaker resale market to lure next generation

Companies eye $2 bn sneaker resale market to lure next generation

Korea’s sneaker resale market is gaining traction as it becomes increasingly lucrative for buyers and sellers. The $2 billion sneaker resale mar...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal