Foreign buying of Korean stocks hit record high in Q1

Foreign buying of Korean stocks hit record high in Q1

Foreign investors gobbled up a record 15.8 trillion won ($11.7 billion) worth of stocks listed in South Korea during the first three months of this ...

Doosan joins hands with China’s CNGR for battery recycling

Doosan joins hands with China’s CNGR for battery recycling

South Korea’s plant and machinery powerhouse Doosan Group has teamed up with China’s CNGR Advanced Material Co. to expand its electric v...

Avalve to export $1.5 mn smart farm solution to Vietnam

Avalve to export $1.5 mn smart farm solution to Vietnam

South Korea's smart farm startup Avalve announced on Friday that it signed a total of $1.5 million in memorandums of understanding (MOUs) with Vietn...

Shinhan Securities leads M&A of Trench Group

Shinhan Securities leads M&A of Trench Group

South Korea's Shinhan Securities announced on Friday that it participated as the lead underwriter in the merger and acquisition deal of Trench Group...

HD Hyundai Heavy wins record $463 million warship deal from Peru’s Navy

HD Hyundai Heavy wins record $463 million warship deal from Peru’s Navy

South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. said on Friday it has won a $463 million contract to build four warships for Per...

NH Investment gets APEC Cross Border Privacy Rules

NH Investment gets APEC Cross Border Privacy Rules

South Korea's NH Investment & Securities announced Friday that it obtained the global personal information protection certification APEC Cross-B...

Taihan Cable wins $81 mn power network replacement order in US

Taihan Cable wins $81 mn power network replacement order in US

South Korea's Taihan Cable & Solution Co. announced on Friday that it secured a project of 110 billion won ($81.5 million) to replace aging po...

Korea’s factory output rebounds in February on chip recovery

Korea’s factory output rebounds in February on chip recovery

South Korea’s factory activity last month bounced back in three months thanks to strong recovery in the country’s semiconductor sector b...

Korea’s HD KSOE, Infineon team up for ship electrification

Korea’s HD KSOE, Infineon team up for ship electrification

South Korea’s top shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) joined hands with German chipmaker Infineon ...

Samsung unveils 2024 TV lineup at Changi Airport

Samsung unveils 2024 TV lineup at Changi Airport

Samsung Electronics Co. on Thursday hosted an event at Jewel Changi Airport in Singapore to unveil its 2024 new TV lineup, including Neo QLED, organ...

Hanmi’s planned merger with OCI scrapped as sons win family feud

Hanmi’s planned merger with OCI scrapped as sons win family feud

Hanmi Pharmaceutical Group’s proposed merger with OCI Holdings Co. has collapsed after two sons of the group’s founding family, who oppo...

HSBC faces criminal charges for naked shorting in Korea

HSBC faces criminal charges for naked shorting in Korea

South Korean prosecutors on Thursday filed criminal charges against HSBC and three of its traders, accusing them of illegal short selling worth 15.8...

Korea yet to join global bond index for capital inflows

Korea yet to join global bond index for capital inflows

South Korea has so far failed to be included on a global major bond index, denting hopes for capital inflows into Asia’s fourth-largest econom...

Lotte Chemical applies recycled plastic to packaging

Lotte Chemical applies recycled plastic to packaging

South Korea's Lotte Chemical announced on Thursday that it has applied recycled materials to all 25 kg packaging bags for polyethylene (PE) and poly...

POSCO Future M named Fortune Asia Future 30

POSCO Future M named Fortune Asia Future 30

South Korea’s POSCO Future M Co. has been named Asia Future 30 by the US economic media Fortune on Mar. 27, according to the company on Thursd...

S.Korea, Thailand launch negotiations for EPA

S.Korea, Thailand launch negotiations for EPA

South Korean and Thai governments declared the launch of negotiations for the Economic Partnership Agreement (EPA) on Thursday. South Korea’s ...

Samsung set to triple HBM output in 2024 to lead AI chip era

Samsung set to triple HBM output in 2024 to lead AI chip era

SILICON VALLEY – Samsung Electronics Co., the world’s largest memory chipmaker, will likely triple its high bandwidth memory (HBM) chip ...

Qoo10 buys Korean department store AK’s e-commerce unit

Qoo10 buys Korean department store AK’s e-commerce unit

Southeast Asia-based e-commerce platform Qoo10 Pte. has signed an agreement to acquire South Korean department store chain AK Plaza’s online s...

LG Group earmarks $74 bn for 5-year investment in Korea

LG Group earmarks $74 bn for 5-year investment in Korea

LG Group, South Korea’s No. 4 conglomerate, on Wednesday announced a plan to invest 100 trillion won ($74 billion) through 2028 in its future ...

S.Korea’s Doosan Enerbility to develop aircraft engines

S.Korea’s Doosan Enerbility to develop aircraft engines

South Korea’s major power plant builder Doosan Enerbility Co. plans to develop aircraft engines based on its turbine technology as its new gro...

Universal Music acquires 10-year distribution rights to HYBE music

Universal Music acquires 10-year distribution rights to HYBE music

The world’s largest music company Universal Music Group (UMG) has struck an exclusive deal to distribute music from HYBE Co., the South Korean...

IMM PE puts South Korea’s top travel agency Hanatour up for sale

IMM PE puts South Korea’s top travel agency Hanatour up for sale

IMM Private Equity Inc., a Seoul-based private equity firm, is selling its controlling stake in Hanatour Service Inc., South Korea’s top trave...

Licensed casual apparel brands' luster fades in Korea

Licensed casual apparel brands' luster fades in Korea

The fad for licensed casual fashion brands appears to be cooling in South Korea, where American sports clubs, broadcasting networks and documentary ...

Euroclear to trade S.Korean treasuries via omnibus account from June

Euroclear to trade S.Korean treasuries via omnibus account from June

The National Tax Service (NTS) of South Korea said on Tuesday that Euroclear Bank SA/NV and Clearstream Banking S.A., two major clearing houses for ...

Wrtn opens free AI search service

Wrtn opens free AI search service

South Korea's advanced tech startup Wrtn Technologies, a major player in generative artificial intelligence (AI), opened its free and unlimited AI s...

LG CNS to lead digital transformation at FPT in Vietnam

LG CNS to lead digital transformation at FPT in Vietnam

LG CNS Co., an information technology service company under South Korean conglomerate LG Group, will lead the digital transformation of FPT Group, a...

Shareholder activism in Korea swells 9 times since 2019

Shareholder activism in Korea swells 9 times since 2019

The number of South Korean firms targeted by activist funds has risen by nearly nine times over the past five years, the largest increase among majo...

Netmarble Arthdal Chronicles pre-registration surpasses 1 mn

Netmarble Arthdal Chronicles pre-registration surpasses 1 mn

South Korean game developer Netmarble Corp. said on Tuesday that the pre-registration of its upcoming massively multiplayer online role-playing ga...

Korea’s IPO market heats up with HD Hyundai Marine, K Bank

Korea’s IPO market heats up with HD Hyundai Marine, K Bank

South Korea’s initial public offering market is heating up as HD Hyundai Marine Solution Co., which aims to raise 742.6 billion won ($553.4 mi...

Korea’s POSCO Int’l to work on CCUS, hydrogen businesses

Korea’s POSCO Int’l to work on CCUS, hydrogen businesses

POSCO International Corp., the general trading and resources exploration subsidiary of South Korea’s steel giant POSCO Holdings Inc., aims to ...

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A