Korean-made small SUVs reach 50% share in US market

Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...

Veteran actress Youn Yuh-jung becomes first Korean to win acting Oscar

Actress Youn Yuh-jung has made history by becoming the first Korean actor to win an Oscar at the Academy Awards, held in Los Angeles Sunday night.&n...

Freight crunch pushes S.Korean export firms into crisis

Since the end of last year, countries have begun lifting COVID-19 lockdowns, driving a speedy recovery in export freight volume despite transportati...

CPPIB, ESR to double first Korean logistics JV to $1 bn

The Canada Pension Plan Investment Board (CPPIB) and Hong Kong-based logistics property developer ESR will expand their $500 million Korean logistic...

Korean PEFs raise bets on pandemic-hit aircraft sector

The aviation industry, one of the hardest-hit sectors by the global pandemic, is now whetting the appetite of South Korean private equity firms whic...

Korean govt pension to commit $105 mn to 3 global infra funds

South Korea's Government Employees Pension Service (GEPS) will commit $105 million to three global infrastructure funds this year, targeting a net i...

EastBridge beats KKR, TPG to buy Korean waste disposal firm

South Korea-based EastBridge Partners has agreed to acquire a majority stake in the country's waste treatment firm YIDO for around 260 billion won (...

Two Korean firms look to buy six France warehouses

South Korea's Mastern Investment Management Co. and Kiwoom Securities Co. are in the due diligence process to acquire six last-mile logistics center...

Naver, Kakao vie for Korean web novel platform

Naver Corp. and Kakao Corp., South Korea's two online giants, are competing to acquire Munpia Inc., their smaller domestic rival in the web novel ma...

Korean funds, firms eye jackpot from Grab’s Nasdaq listing

South Korea’s National Pension Service (NPS), other state-run savings funds and big companies are expected to pocket decent gains from their...

Korean content shares soar as platforms eye overseas expansion

Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...

Korean LED maker moves up to 3rd place; CEO still growing hair

Seoul Semiconductor Co., whose founder and CEO has not cut his hair since 2018 to concentrate on patent lawsuits, has moved up one notch to third pl...

Kyochon F&B, Galadari tie-up brings Korean fried chicken to Middle East

South Korea's No. 1 fried chicken brand Kyochon F&B has inked a master franchise agreement with Dubai-based franchise operator Galadari Brothers...

Foreigners return to Korean market; Kosdaq at near 21-year high

Foreign investors, the dominant players on the Korean bourse, are returning as buyers of Samsung Electronics Co. and other blue chips, keeping the m...

PUBG publisher applies for South Korean 2021 IPO

South Korea-based game developer Krafton Inc., touted as one of this year's hottest initial public offerings, has filed a preliminary listing applic...

Korean PE Centroid among shortlisted bidders for TaylorMade Golf

South Korea’s lesser-known private equity firm Centroid Investment Partners is among the shortlisted candidates for US sports equipment manufa...

Chips, EV and AI lead Korean firms' 2020 R&D spending

Semiconductor chips, electric vehicles and artificial intelligence (AI) drove the top 100 South Korean companies' spending on research and developme...

Korean casino game developer revives Nasdaq IPO plan

DoubleDown Interactive LLC, a South Korean social casino game publisher, has resumed its Nasdaq listing process, tapping the red-hot US IPO market w...

Korean teachers' fund reaps best return since 2009

The Korean Teachers' Credit Union (KTCU) achieved its highest investment return in 11 years of 10% in 2020, led by substantial gains from domestic e...

Korean Air feud ends with incumbent’s victory

The 15-month-long family feud over the control of Korean Air Lines Co. has ended with group chairman Cho Won-tae’s win over his sister Cho Hyu...

Shinsegae buys Korean online fashion mall from IMM PE

Shinsegae Group has acquired South Korea's leading online fashion platform from IMM Private Equity, in a transaction estimated at between 250 billio...

Hydrogen, aerospace, materials: key words for Korean business leaders

South Korea’s top conglomerates have enjoyed their domestic market leadership for decades with a focus on the steel, shipbuilding and petroche...

Korean Air eyes $350 mn in cost savings from Asiana merger

Korean Air Lines Co. will retain its brand name after absorbing local rival Asiana Airlines Inc. in a span of around two years, with their merged en...

BlackRock sheds $620 mn Korean retail fund business

BlackRock Inc., the world’s largest asset manager, has sold its retail business in South Korea to a small domestic investment firm to concentr...

French webtoon platform posts over 200% growth via Korean content

South Korea’s online content platform KidariStudio Inc. announced on Mar. 31 that its France-based webtoon arm, Delitoon SAS, logged around 10...

KTB Network wins jackpot from Korean delivery app sale

KTB Network Co., a South Korean venture capital firm, has pocketed a double-digit return, or 62.5 billion won ($55 million) from the sale of its sta...

Korean military fund to double average investment size

South Korea’s Military Mutual Aid Association (MMAA) intends to nearly double its average investment size to 100 billion won ($88 million) as ...

Outlook for Korean battery shares evenly split amid weak performance

South Korea’s major battery makers, which have underperformed the broader stock market since the start of the year, remain opaque as fund mana...

Korean firms diversify boardrooms with experts, women

Leading South Korean companies are diversifying their once rubber-stamp boards with a broader pool of professionals and women, alongside the growing...

D.CAMP ramps up support for Korean startups' foray abroad

D.CAMP, the largest non-profit foundation for startups in South Korea, plans to offer enhanced support for local startups' eyeing overseas expansion...