Mirae Asset Global Investments buys Australian robo-advisor firm

Mirae Asset Global Investments buys Australian robo-advisor firm

South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...

Samsung raises $2.2 billion via ASML stake sale for chip investment

Samsung raises $2.2 billion via ASML stake sale for chip investment

Samsung Electronics Co., the world’s largest memory chipmaker, has sold 3.55 million shares in Dutch chip equipment maker ASML Holding N.V. fo...

SK invests $100 mn in ChatGPT developer's rival Anthropic

SK invests $100 mn in ChatGPT developer's rival Anthropic

South Korea’s SK Telecom Co. said on Sunday it has invested $100 million in the US startup Anthropic, a ChatGPT rival artificial intelligence ...

KOREA Investment Week 2023 with KB KOREA Conference

KOREA Investment Week 2023 with KB KOREA Conference

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LS Cable invests $117.5 million in boosting submarine cable output

LS Cable invests $117.5 million in boosting submarine cable output

South Korea’s LS Cable & System on Thursday announced additional investment of 155.5 billion won ($117.5 million) in its plant in Donghae,...

S.Korea's largest investment forum to begin Sept. 11

S.Korea's largest investment forum to begin Sept. 11

South Korea’s largest investment conference will be held in Seoul Sept. 11-15 with around 100 chief executives from global financial services ...

Affiliate of S.Korea's POSCO Int'l to supply natural gas in Australia

Affiliate of S.Korea's POSCO Int'l to supply natural gas in Australia

South Korea's POSCO International Corp. on Thursday said Senex Energy, its Australia-based natural gas subsidiary, will supply natural gas to seven ...

Sejong City to cooperate with Northern Ireland in smart city, cybersecurity

Sejong City to cooperate with Northern Ireland in smart city, cybersecurity

South Korea's Sejong Special Self-Governing City will pursue economic exchange with Northern Ireland and cooperation in cybersecurity research with ...

POSCO changes brand slogan for first time in 23 years

POSCO changes brand slogan for first time in 23 years

POSCO Holdings Inc., the holding firm of South Korea’s largest steelmaker, on Wednesday announced a new brand slogan, “Green Tomorrow, w...

SK Bioscience buys 6.5 million Novavax shares for $83.4 million

SK Bioscience buys 6.5 million Novavax shares for $83.4 million

SK Bioscience Co., the drug-making unit of South Korea’s SK Group, said on Wednesday it has signed a deal to buy 6.5 million shares in US vacc...

UBS names Credit Suisse Korea head as vice chair for Asia

UBS names Credit Suisse Korea head as vice chair for Asia

UBS Group AG, a global investment bank, appointed Kyungin David Lee, chief of Credit Suisse Group AG’s Seoul branch, as vice chair for Asia an...

LG 1st in South Korea’s ESG rankings for 2nd year

LG 1st in South Korea’s ESG rankings for 2nd year

LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, ranked No. 1 in the country’s environmental, social...

Woori Bank teams up with BuildBlock on US real estate services

Woori Bank teams up with BuildBlock on US real estate services

South Korea's Woori Bank and US real estate platform operator BuildBlock have entered into a strategic memorandum of understanding to bolster overse...

Korea’s STX to build joint Indonesia nickel plant for EV cells

Korea’s STX to build joint Indonesia nickel plant for EV cells

South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its...

Big Bang deregulation poised to bolster S.Korean ST market

Big Bang deregulation poised to bolster S.Korean ST market

South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...

Morgan Stanley subsidiary takes 5% stake in JYP Entertainment stock

Morgan Stanley subsidiary takes 5% stake in JYP Entertainment stock

A Morgan Stanley-affiliated asset manager has bought more JYP Entertainment shares, raising its stake to more than 5 percent.Asset management firm M...

K-pop powerhouse SM to launch US office with Kakao

K-pop powerhouse SM to launch US office with Kakao

K-pop powerhouse SM Entertainment Co. and Kakao Entertainment will jointly launch an office in the US later this year to boost their global business...

LG Chem to make first domestic 6-in-1 vaccine for infants

LG Chem to make first domestic 6-in-1 vaccine for infants

South Korea's LG Chem Ltd. will produce the nation's first homegrown six-in-one vaccine for infants, something that the country is entirely reliant ...

Fractional investing to gain traction in Korea with green light from FSC

Fractional investing to gain traction in Korea with green light from FSC

Come September, South Korean investors will be able to freely and safely buy and sell fractions of artwork and even live cows just as they do with t...

Korea’s KFCC likely to see loss from London-based office investment

Korea’s KFCC likely to see loss from London-based office investment

South Korea’s Vestas Investment Management Co. is slated to sell off a London-based office tower as the property value has plunged due to rate...

POSCO Int'l wins Indonesia gas exploration project

POSCO Int'l wins Indonesia gas exploration project

South Korea’s POSCO International Corp. is poised to secure rights worth several billion dollars to explore and produce natural gas in Indones...

S.Korea relies heavily on Samsung Elec for R&D spending: FKI

S.Korea relies heavily on Samsung Elec for R&D spending: FKI

South Korea’s corporate expenditures on research and development grew 1.7 times from 2013 to 2021, much slower than such spending by the US an...

Hyundai Motor Group, Seoul Univ. to jointly develop battery

Hyundai Motor Group, Seoul Univ. to jointly develop battery

Hyundai Motor Group opened a joint battery research center at Seoul National University, marking its full-fledged foray into next-generation battery...

POSCO affiliates’ shares surge; market cap rises threefold in 5 years

POSCO affiliates’ shares surge; market cap rises threefold in 5 years

Shares of POSCO Group affiliates are flying high with the steelmaker rapidly transforming into a battery materials manufacturer, riding the industry...

S.Korea to form $6.2 bn corporate venture capital fund pool by 2025

S.Korea to form $6.2 bn corporate venture capital fund pool by 2025

The South Korean government and the private sector will jointly create a corporate venture capital (CVC) fund pool worth more than 8 trillion won ($...

KT invests over $11 mn in AI software company Moreh

KT invests over $11 mn in AI software company Moreh

South Korea's KT Corp. will invest 15 billion won ($11.6 million) in Moreh, a Seoul-based artificial intelligence (AI) infrastructure software compa...

POSCO Future M spurs single-crystal cathode production

POSCO Future M spurs single-crystal cathode production

GWANGYANG – POSCO Future M Co., the battery materials unit under South Korean steel giant POSCO Holdings Inc., is spurring production of singl...

Korea's IMM to invest $23 mn in battery parts supplier Choil Aluminum

Korea's IMM to invest $23 mn in battery parts supplier Choil Aluminum

South Korean private credit firm IMM Credit & Solutions Inc. will invest 30 billion won ($23.4 million) in Choil Aluminum Co., an EV battery com...

S.Korea proposes extended tax breaks for reshoring companies

S.Korea proposes extended tax breaks for reshoring companies

The South Korean government and the ruling party proposed longer-term tax cuts for companies that bring production back home to reinvigorate the cou...

SK Networks to acquire data management company en-core

SK Networks to acquire data management company en-core

SK Networks Co., a South Korean trading company, will acquire en-core, a data solutions and consulting firm. The strategy is aimed at strengthening ...

Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares   Seoul vows zero-tolerance measures against unfair stock trading