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...

Korean value stocks outshine growth names in flat market

Over the past three months, domestic value stock funds in South Korea saw net outflows of 921.4 billion won ($814 million), with the benchmark Kospi...

Tencent increases appetite for Korean gaming startups

Chinese technology giant Tencent Holdings has been gobbling up South Korean gaming startups that have yet to launch their first products, a move see...

Hahn & Co. to put Korean auto parts maker up for sale

South Korea's private equity firm Hahn & Co. is seeking to sell a majority stake in Hanon Systems, a Korean automotive supplier, which is expect...

Korean 20-somethings raising stakes in OTC stocks

A growing number of South Koreans in their 20s are further increasing risk tolerance to stocks, crowding into over-the-counter (OTC) markets, in ant...

Market jitters grow over Korean battery shares after VW’s decision

Market jitters over South Korea’s battery makers are growing after Volkswagen AG’s announcement on Monday that it will make batteries in...

S.Korean e-book operator eyes unicorn status via successful foray into US

E-book platform operator RIDI Corp. has successfully tapped into the US market, fueling anticipation over the possibility of it becoming South Korea...

KIC, Korean pension funds in hunt for new C-level execs

South Korea's Police Mutual Aid Association (PMAA) has been looking for a new chief investment officer for a half year, while the sovereign wealth f...

Korean battery shares tumble as VW gears up for in-house production

Shares of South Koreas’ major battery makers tumbled on Tuesday after Volkswagen AG announced it will gradually switch the type of batteries u...

S.Korean mold makers target global leadership with record exports

South Korea’s die and mold industry reported another year of export growth last year, fueled by record-high volume to North America, and maint...

Samsung, SK Hynix at crossroads, challenged by underdogs

South Korea’s leading chipmakers Samsung Electronics Co. and SK Hynix Inc. are at a crossroads, challenged by smaller rivals such as Micron Te...

Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential

South Korea's e-commerce giant Coupang Corp. had a successful trading debut in New York on Thursday as its shares soared by 41% in their first sessi...

Carlyle ends negotiations to buy Korean bakery chain

The Carlyle Group has terminated three-month talks with South Korea’s CJ Group to buy the country’s No. 2 bakery chain Tous Les Jours, a...

S.Korean startups' combined valuation tops $150 billion

South Korean startups' combined valuation has topped 170 trillion won ($150 billion), accounting for nearly half of the country's junior bourse Kosd...