No.3 global auto market
Scope
Date
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ASK 2025
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...
Jun 20, 2025 (Gmt+09:00)
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Bio & Pharma
Lotte Biologics signs antibody drug CMO deal with UK’s Ottimo Pharma
BOSTON – Lotte Biologics Co. has signed a deal to manufacture an antibody therapy for British biotech startup Ottimo Pharma as the South Korea...
Jun 20, 2025 (Gmt+09:00)
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Economy
South Korea unveils $14.6 billion 2nd extra budget to spur growth
South Korea’s new administration on Thursday proposed an additional 20.2 trillion won ($14.6 billion) extra government spending to stimulate d...
Jun 19, 2025 (Gmt+09:00)
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Aerospace & Defense
Lockheed Martin, KAI to expand partnership to future defense, aerospace tech
Global defense giant Lockheed Martin Corp. and Korea Aerospace Industries Ltd. (KAI) on Tuesday agreed to expand their collaboration into futur...
Jun 19, 2025 (Gmt+09:00)
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Private equity
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...
Jun 19, 2025 (Gmt+09:00)
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E-commerce
Amazon, Alibaba, TikTok up ante to woo Korean beauty brands
Riding the wave of global enthusiasm for K-Beauty, e-commerce powerhouses like Amazon and Alibaba are racing to bring South Korean cosmetics and bea...
Jun 18, 2025 (Gmt+09:00)
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Private equity
Affirma Capital to acquire Equis’ Korean waste assets for $294 million
Affirma Capital, a Singapore-headquartered buyout private equity firm, has agreed to acquire the entire portfolio of South Korean waste processing a...
Jun 17, 2025 (Gmt+09:00)
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Shareholder activism
Miri Capital closes in on STIC Investments chairman’s stake
Miri Capital Management LLC has steadily raised its stake in STIC Investments Inc., narrowing the ownership gap with the firm’s founder and Ch...
Jun 17, 2025 (Gmt+09:00)
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Energy
S.Korea’s power transformer exports soar as global supply shortage bites
South Korean power equipment makers are riding a wave of export growth, with their transformers in high demand amid a global rush to reinforce power...
Jun 17, 2025 (Gmt+09:00)
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Mergers & Acquisitions
CJ CGV under pressure to shed China, Vietnam cinema assets
MBK Partners and Mirae Asset Securities Co. are considering divesting of their holdings in CGI Holdings Co., which oversees CJ CGV Co.’s multi...
Jun 16, 2025 (Gmt+09:00)
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Fashion
South Korean eyewear poised to spark next global K-wave
As eyewear evolves into a key fashion statement, South Korea’s homegrown brands are setting their sights on the global stage with bold, unconv...
Jun 16, 2025 (Gmt+09:00)
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Batteries
LG Energy cracks China's cylindrical battery market with Chery deal
LG Energy Solution Ltd. said on Monday it has signed a six-year contract with Chery Automobile Co. to supply 8 gigawatts per hour (GWh) of next-gene...
Jun 16, 2025 (Gmt+09:00)
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Business & Politics
President Lee: Businesses at center of policy priorities for economic growth
South Korean President Lee Jae-myung on Friday pledged strong government support for the country’s businesses, while emphasizing the need for ...
Jun 13, 2025 (Gmt+09:00)
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Infrastructure
Partners Group sees infrastructure secondaries quadrupling to $60 bn
Infrastructure secondaries are gaining momentum as the infrastructure sector attracts investors seeking stable and predictable returns amid heighten...
Jun 13, 2025 (Gmt+09:00)
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Mergers & Acquisitions
S.Korea’s No.1 dried seaweed firm Kwangcheonkim on market for $295 mn
Kwangcheonkim Co., South Korea’s largest seaweed producer with a history spanning over 50 years, is up for grabs in a deal that could fetch up...
Jun 12, 2025 (Gmt+09:00)
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Real estate
S.Korea eases path for foreign REITs in senior housing push
South Korea, grappling with a fast-aging population, has relaxed development and ownership rules for senior housing, opening the sector to foreign h...
Jun 12, 2025 (Gmt+09:00)
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Alternative investments
Koramco targets $7 bn bet on Korea data centers
Koramco Asset Management Co., South Korea’s leading real estate investment firm, plans to invest 10 trillion won ($7 billion) in domestic data...
Jun 12, 2025 (Gmt+09:00)
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Cryptocurrencies
South Korea accelerates stablecoin framework amid global race
Just one week after electing President Lee Jae-myung, an apparent backer of stablecoin adoption, South Korea is swiftly moving to clear the path for...
Jun 11, 2025 (Gmt+09:00)
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Korean stock market
Lee vows policy overhaul to spur dividend payouts
South Korean President Lee Jae-myung said on Wednesday that the government is preparing tax and regulatory reforms to spur dividend payouts as part ...
Jun 11, 2025 (Gmt+09:00)
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Business & Politics
IFEZ to apply for designation of southern Ganghwa as free economic zone
The Incheon Free Economic Zone (IFEZ) Authority is set to submit its application by the end of June to designate the southern end of Ganghwa Island ...
Jun 11, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Jollibee to buy chicken chain Norang Tongdak amid global K-food frenzy
Jollibee Foods Corp., a household name in Southeast Asia’s food market, has been named the preferred buyer of Norang Tongdak, a South Korean f...
Jun 11, 2025 (Gmt+09:00)
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E-commerce
Coupang bids for Korean luxury market dominance with Farfetch
Coupang Inc., South Korea’s largest e-commerce player, is set to seize control of the country’s online luxury market with Farfetch amid ...
Jun 10, 2025 (Gmt+09:00)
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Batteries
LG to drive future growth in emerging markets with battery prowess
LG Group, South Korea’s fourth-largest conglomerate by assets, should step up its efforts to foster future growth with promising technologies,...
Jun 09, 2025 (Gmt+09:00)
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Arts
Seoul, once-rising art hub, feels pinch of global strains
In Seoul’s Hannam district, the storefront that once housed Various Small Fires (VSF) now sits empty, a “For Rent” sign taped to i...
Jun 05, 2025 (Gmt+09:00)
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Markets
Markets in honeymoon with Lee: Kospi, won rally; bond yields spike
South Korea’s financial markets showed strong gains on Thursday, with shares surging to an 11-month high and the won hitting a seven-month hig...
Jun 05, 2025 (Gmt+09:00)
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Food & Beverage
CJ Foodville goes global from in-flight meals to Starbucks bread
CJ Foodville Co., a South Korean food company, is deepening its presence in Southeast Asia with premium bakery products, catering to airplane passen...
Jun 04, 2025 (Gmt+09:00)
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Shareholder value
Shinhan expands global IR push to woo foreign investors
Shinhan Financial Group Co. is stepping up efforts to attract foreign investors with back-to-back global investor relations (IR) campaigns, as South...
Jun 01, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Goodai Global poised to build L'Oréal-style empire via M&As
Goodai Global Inc. is seeking to acquire South Korea’s first-generation independent cosmetics brand Skinfood for about 150 billion won ($108 m...
Jun 01, 2025 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace to build defense plant in Germany as European base
Hanwha Aerospace Co. plans to build a precision missile manufacturing plant in Germany as part of its global strategy to expand its presence across ...
May 29, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Group joins S.Korea’s 100 trillion won market cap club
South Korean shipbuilding conglomerate HD Hyundai Group has joined South Korea’s elite club of conglomerates with a market capitalization exce...
May 28, 2025 (Gmt+09:00)
Latest News
- 1 Xiaomi to open first offline store in S.Korea with premium products
- 2 Loss-making Lotte Chemical to sell water treatment unit to Synopex
- 3 Google to invest $100 mn in Gentle Monster in smart glasses push
- 4 Growth equity portfolio largely shielded from policy headwinds: Summit
- 5 Naver Financial seeks to acquire S. Korean real estate data platform Asil