Korea’s leading e-book startups eye IPO in 2022
South Korea’s leading e-book platforms are targeting to go public next year. The country’s subscription-based e-book service provider Mi...
Delivery Hero's Korean unit sale hits dead end
Delivery Hero SE on Thursday postponed the deadline again for the final bidding of South Korea's Yogiyo, amid market doubts over the country's No. 2...
US anti-dumping duties add to Korean tire makers' woes
The US trade body’s approval of anti-dumping tariffs on tire imports from South Korea, Taiwan and Thailand is adding to the woes of Korea&rsqu...
Shinsegae now Korea’s No.2 e-commerce player with eBay Korea buyout
Shinsegae Group pushed through to be the sole winner in the prolonged race to acquire control of eBay Korea, making it a close runner-up in South Ko...
Synopsys buys S.Korean fab data tech company
Synopsys Inc., a US software developer, has signed an agreement to acquire full ownership of BISTel, South Korea's top-ranked smart manufacturing so...
Korean Air to issue first ESG bonds among Korean carriers
Korean Air Lines Co. will issue green bonds as part of its 200 billion won ($176 million) corporate debenture issue -- to become the first among dom...
HiteJinro's fruit-flavored soju becomes huge hit among Russian MZers
South Korea's leading soju maker HiteJinro Co. has been enjoying great success in Russia thanks to strong demand for fruit-flavored soju from local ...
Once resistant, Korean retail investors lend more stocks for short selling
South Korean retail investors, who had largely opposed the regulator’s lifting of the short-selling ban on large-cap stocks from May, are now ...
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...
Korean institutions ranked top US liquidity provider under 2020 TALF
South Korean institutional investors, including the Public Officials Benefit Association (POBA) and Yellow Umbrella Mutual Aid Fund, emerged as the ...
Samsung, LG take major steps forward in 6G commercialization
“It’s never too early to start preparing for 6G,” said Samsung Electronics Co. last July in releasing The Next Hyper-Connected Exp...
Harrison Street taps Korean LPs for $1.5 bn life science property fund
The Korean Teachers' Credit Union has committed $100 million to Harrison Street Real Estate Capital's new flagship fund that is aiming to raise $1.5...
CureVac may pick Korea as Asian base for COVID vaccine production
German biopharmaceutical company CureVac N.V. may choose South Korea as one of its global production bases for the COVID-19 vaccine following Korean...
Naver, techfins poised to spark Korean loan market's Big Bang
South Korea's online giant Naver Corp. is preparing to join a government-initiated fintech platform, on which individual borrowers can directly sear...
KT makes another step beyond telecom, enters digital therapy sector
The telecom companies in South Korea, one after another, are taking bold steps outside their traditional turf of mobile business. They are eng...
Korea’s F&B exports to surpass $4.5 billion in 2021
South Korea’s food and beverage (F&B) exports set a new record in 2020 and are projected to rise even higher this year. According to Korea...
Tennessee mayors oppose ITC’s anti-dumping duties on Hankook Tire
Politicians in the US state of Tennessee are urging the International Trade Commission (ITC) to avoid hurting the operations of Hankook Tire & T...
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...
Korean PEFs buy Spyder's S.Korean license for over $50 mn
A consortium of three South Korean private equity firms has acquired the domestic operations of the US sportswear brand Spyder for 60 billion won ($...
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...
UK lifestyle brand Barbour enters legal battle with 10-year partner in Korea
The recent decision by Barbour, the British lifestyle brand under J. Barbour & Sons Ltd., to transfer the rights to sell its products in South K...
Hyundai Motor, Kia overtake Ford in US auto sales in May
Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, in May sold more cars in the US than Ford Moto...
Korean telecom firms expand commercial use of quantum cryptography
The imminent advent of quantum computers is posing an online security risk. Quantum computers, unlike the binary computers in common use today, can ...
Record-setting IPO boom may spell scanty profits
South Korean stock markets are on course to set a new record in the IPO volume with new issues estimated to exceed 30 trillion won ($27 billion) for...
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...
Taiwanese fabless firms outwit Korean rivals in chip supercycle
Taiwanese fabless semiconductor firms, with backing from their hometown foundry companies, are reaping the benefits of higher chip prices and soarin...
Citibank alludes to S.Korean retail business closure
Citibank Korea will begin to examine ways to gradually liquidate its consumer banking business as it faces difficulties in selling the retail operat...
Misandry controversy rattles Korean retailers; CEO of No.1 fashion app steps down
Gender-discrimination controversies are rattling South Korean retailers, with two companies recently accused of misandry in publicity campaigns. In...
How India is becoming 'heaven' for Korean startups
India is becoming an attractive destination for South Korean startups that are eyeing overseas expansion, given the country's vast population and di...
Mirae, NH face lawsuit over Drew Las Vegas loan loss
Mirae Asset Securities Co. and NH Investment & Securities Co. have been sued by South Korean institutional investors over the loss of their comb...
