SK Group’s Chey rebuts FTC charges of unfair business practice

SK Group’s Chey rebuts FTC charges of unfair business practice

South Korea’s Fair Trade Commission has imposed a fine of 1.6 billion won ($1.3 million) on SK Group Chairman Chey Tae-won and the conglomerat...

SK Hynix wins China’s approval for $9 billion Intel NAND acquisition

SK Hynix wins China’s approval for $9 billion Intel NAND acquisition

SK Hynix Inc. has received approval from China’s antitrust regulator for its $9 billion deal to acquire Intel Corp.’s NAND memory chip b...

POSCO puts stability above reform in management overhaul

POSCO puts stability above reform in management overhaul

South Korea’s steel giant POSCO has chosen stability over reform in its latest management overhaul, retaining most chief executives at group a...

Kosdaq Listed Companies Association announces top Kosdaq blue chips

Kosdaq Listed Companies Association announces top Kosdaq blue chips

The Kosdaq Listed Companies Association of South Korea announced its top Kosdaq blue chips during its 13th annual award conference held on Dec. 16...

SK Biopharm releases epilepsy treatment in UK

SK Biopharm releases epilepsy treatment in UK

South Korean SK Biopharmaceuticals Co. launched its epilepsy treatment Cenobamate in the UK, rapidly expanding the company’s presence in Europ...

3D tech firm Koh Young wins highest ESG rating two years running

3D tech firm Koh Young wins highest ESG rating two years running

Koh Young Technology Inc., a South Korean 3D image measurement tech company listed on the Kosdaq, has earned the highest AA rating from Sustinvest, ...

SK Vice Chair Chey Jae-won reinstated into leadership after eight-year hiatus

SK Vice Chair Chey Jae-won reinstated into leadership after eight-year hiatus

Chey Jae-won, the younger brother to SK Group Chairman Chey Tae-won, returned to the conglomerate’s leadership on Dec. 17, after an eight-year...

Activist fund again urges SK Chem to sell SK Bioscience stake

Activist fund again urges SK Chem to sell SK Bioscience stake

An activist fund has again urged South Korea’s SK Chemicals to sell part of its stake in SK Bioscience or buy back treasury shares and cancel ...

SK to co-invest $50 mn in US-based Fulcrum BioEnergy

SK to co-invest $50 mn in US-based Fulcrum BioEnergy

South Korea's SK Inc. on Thursday said it would co-invest $50 million in the US-based Fulcrum BioEnergy with a domestic private equity fund, in a bi...

Dunamu, Naver Z invest $8.5 mn in metaverse firm Persona Space

Dunamu, Naver Z invest $8.5 mn in metaverse firm Persona Space

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...

SK Hynix makes industry’s highest density 24Gb DDR5 DRAM chip

SK Hynix makes industry’s highest density 24Gb DDR5 DRAM chip

South Korea’s SK Hynix Inc. said on Wednesday it has shipped samples of 24 Gigabit (Gb) double data rate 5 (DDR5) DRAM, the industry’s h...

EQT chairman sees technology and services as attractive sectors in Korea

EQT chairman sees technology and services as attractive sectors in Korea

High price tags of target companies can be justified if you understand long-term trends of the industry and have expertise in the sectors, Conni Jon...

POSCO CEO says split-off units will never be listed

POSCO CEO says split-off units will never be listed

POSCO Group Chairman and Chief Executive Choi Jeong-woo on Monday reaffirmed the group's determination not to list on the stock market the steelmaki...

POSCO approves holding company plan for eco-friendly business

POSCO approves holding company plan for eco-friendly business

South Korea’s POSCO Co. is set to split off the company to launch an investment holding firm, 21 years after its privatization. The move aims ...

Cybersecurity stocks market darlings on rise of metaverse

Cybersecurity stocks market darlings on rise of metaverse

Just a couple of years ago, the prevalent market view on the cybersecurity industry was that it would go downhill rather than prosper as public orga...

SK Gas invests in Bill Gates-backed hydrogen tech startup

SK Gas invests in Bill Gates-backed hydrogen tech startup

SK Gas Co., the top liquefied petroleum gas (LPG) company in South Korea, has invested in Series B funding for C-Zero Inc., a California-based start...

Year-end inflow to Korean main bourse sign of foreigner comeback?

Year-end inflow to Korean main bourse sign of foreigner comeback?

Foreign investors are poised to extend their buying spree in South Korea’s main stock market to a sixth straight session, spurring hopes for t...

BNK and KTB jointly buy UBS tower in New Jersey for $219 mn

BNK and KTB jointly buy UBS tower in New Jersey for $219 mn

South Korea’s BNK Asset Management Co. acquired UBS Financial Services tower in New Jersey for $219 million from US real estate developer Hart...

VR meetings with holograms, powered by metaverse startup DoubleMe

VR meetings with holograms, powered by metaverse startup DoubleMe

Come next year, attending meetings as a hologram version of yourself is set to become more common.Metaverse startup DoubleMe plans to commercialize ...

Former KIC real estate head to serve as ADQ's chief investment officer

Former KIC real estate head to serve as ADQ's chief investment officer

Cha Hoon, the former head of real estate investment at Korea Investment Corporation (KIC) is moving to Abu Dhabi’s state holding firm Abu Dhab...

Samsung, Hyundai Motor, SK leaders on overseas business trips

Samsung, Hyundai Motor, SK leaders on overseas business trips

Leaders of South Korea’s three big conglomerates – Samsung, Hyundai and SK – are meeting with their major partners and business le...

Cosmetics brands shift to video influencers from celebrities

Cosmetics brands shift to video influencers from celebrities

 As influencers on YouTube and social media platforms are becoming central to the marketing efforts of companies, South Korean cosmetics brands...

KTB Network to list at bottom of price range

KTB Network to list at bottom of price range

KTB Network Co., South Korea's first-generation venture capital firm, priced its public offering price at the bottom of the guidance range as the re...

Korea Post selects Ardian, Hamilton Lane for $100 mn co-investment

Korea Post selects Ardian, Hamilton Lane for $100 mn co-investment

Korea Post’s savings arm has selected French private equity firm Ardian SA and US alternative investment manager Hamilton Lane Advisors LLC ...

POSCO mulls holding company structure to raise enterprise value

POSCO mulls holding company structure to raise enterprise value

South Korea's largest steelmaker POSCO is considering splitting up the company to launch an investment holding firm as part of efforts to enhan...

Polar Asset joins NPS' hedge fund managers in Q3

Polar Asset joins NPS' hedge fund managers in Q3

National Pension Service (NPS) of South Korea selected Toronto-based Polar Asset Management Partners Inc. as a new mandate of hedge fund managers in t...

NPS adds Warburg Pincus as real estate asset manager in Q3

NPS adds Warburg Pincus as real estate asset manager in Q3

The National Pension Service added New York-based private equity firm Warburg Pincus LLC to its pool of 58 global real estate investment manager...

SK’s holding firm completes merger with materials arm

SK’s holding firm completes merger with materials arm

SK Inc., the investment and holding company of South Korea’s conglomerate SK Group, completed the merger with SK Materials Co. with aim to exp...

S.Korea to build solar power plants in Chile for $130 mn

S.Korea to build solar power plants in Chile for $130 mn

South Korea is planning to build solar photovoltaic power plants in Chile, investing $130 million, in a move to help local companies expand their re...

SK Square to invest $75 mn in Korea crypto exchange

SK Square to invest $75 mn in Korea crypto exchange

South Korea’s SK Square, an investment firm spun off from SK Telecom Co., will buy a stake in a local cryptocurrency exchange to expand its po...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale