One UI Watch 5

SK Pharmteco, a contract development and manufacturing organization (CDMO) for pharmaceuticals, is slated to raise 400 billion ($332.2 million) to 6...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), Hyundai Heavy Industries Group’s intermediate holding company, has kicked off 2022 w...

South Korea’s MBK Partners said on Jan. 3 that it has completed the 100% acquisition of Dongjin Textile Co. -- a Korean firm that has been s...

South Korea’s National Pension Service (NPS) posted a 7.6% rate of return as of October 2021, according to a preliminary data report by its in...

NAVER Corp.’s startup accelerator D2SF (D2 Startup Factory) has made an additional investment into data pipeline solutions provider Cloa, the ...

Korean investment firm SK Square Co. Ltd. has invested approximately 35 billion won ($29.5 million) into homegrown agriculture tech startup Greeln...

South Korea’s HK inno.N Corp. has signed a 640 billion won ($540 million) contract to license out its technology for K-CAB, a gastroesophageal...

2021 has been a heyday for Korea’s startup ecosystem – especially for the VCs that invest in it. In the first three quarters of this ye...

South Korean venture capital firms and online giants are flocking to startups in India, a country with the world's second-largest population and low...

DL Chemical Co. became the first South Korean company to acquire a US-listed company in a leveraged buyout. The Korean petrochemical company said on...

Investment in South Korean startups hit an all-time high in 2021 as the number of new unicorns, unlisted companies with a valuation topping $1 billi...

Motional Inc., a US mobility joint venture between Hyundai Motor Co. and Aptiv PLC, has teamed up with Uber Technologies Inc. to provide an autonomo...

South Korea's POSCO Group has earmarked $830 million for spending on a new plant in Argentina to extract lithium hydroxide, a material for electric ...

K Auction, South Korea’s No. 2 art auction house, is set to go public in January 2022 as it aims to court the domestic leader Seoul Auction Co...

Persona Space, a subsidiary of South Korean metaverse company Galaxy Corp., said on Dec. 16 it has attracted 10 billion won ($8.5 million) investm...

South Korea is building a smart farm in the Middle East desert with technology enabling the growth of various crops while minimizing water consumpti...

South Korea’s wage growth in the third quarter hit its highest point in three and half years, adding to inflationary pressure in Asia’s ...

Car prices will likely rise sharply next year alongside the industry shift from combustion engine models to electric vehicles as automakers prepare ...

South Korea’s KTB Asset Management Co. and Hanwha Investment & Securities Co. have jointly invested 60 billion won ($50.7 mililion) in s...

Korea Venture Investment Corp. plans to invest $58.2 million or about 69 billion won in 10 funds around the globe. The government-backed fund o...

Last week, a piece of non-fungible token art by digital artist Jang Koal was sold for more than 3.5 bitcoin or around 200 million won ($168,314) on ...

South Korea's National Pension Service (NPS) Investment Management said on Nov. 29 it earned 67.4 trillion won ($56.5 billion) return for the first ...

Inspire Integrated Resort Co., a South Korean resort developer and 100% affiliate of US casino and gaming company Mohegan Gaming & Entertainme...

One store Co., the South Korean homegrown app store developed by the country’s top online platform Naver Corp. and three telecom carriers, is ...

LG Energy Solution Ltd. is set to secure $1.36 billion to expand US battery output capacity, joining the fundraising race among South Korean battery...

South Korea’s top automaker Hyundai Motor Co. will launch a pilot service of its first autonomous robotaxi based on its electric SUV, the IONI...

Korea Investment Corporation (KIC) saw as many as 10 professionals of its alternative investment division resign from the South Korean sovereign wea...

SK On Co., one of South Korea's top three rechargeable battery makers, plans to raise around 3 trillion won ($2.5 billion) in a pre-IPO share sale n...

South Korea’s central bank increased its policy interest rate for the second time in three months and signaled further hikes to stem rising in...

Viva Republica Inc., a leading South Korean fintech unicorn and operator of mobile financial super app Toss, is investing $5 million in Republic, a ...