US-China tensions push S. Korea to find middle way

The US and China trade disputes are unlikely to fade, whoever wins the Nov. 3 US presidential election, and South Korea needs to find a middle way bet...

Coffee Bean Korea seeks 100% stake sell-off

South Korea’s popular coffee house Coffee Bean Korea Co. is seeking to sell a 100% stake in the company held by Chief Executive Officer Park San...

Korea's signature sauce gochujang goes global, riding on K-wave

South Korea’s food exports have surged on the back of Korean dramas, more popularly known as K-dramas, gaining global popularity particularly in...

South Korea, The Oracle of Global Trends

Back in early 2004, my friend and I met with Bill Gurley and Mark Evans from Benchmark Capital, who were visiting Seoul from Silicon Valley to gat...

COVID-19 pandemic slams Korea’s job market; elderly workers rise

Hit hard by the fallout of the coronavirus pandemic, South Korea lost about 392,000 jobs in September, with the number of employed slipping for the se...

Korea's beauty chain pre-IPO attracts PEFs

South Korea's largest health and beauty franchise CJ Olive Young has received preliminary bids from around seven participants including global and dom...

Korea Post plans $87 mn US fixed income investment

Korea Post’s insurance arm is planning to select two asset management companies for around 100 billion won ($87.4 million) in US fixed-income in...

Bank of Korea keeps rate steady at record low; signaling no further action

The Bank of Korea has left its policy rate unchanged at a record low of 0.5% as was widely expected, citing a slow economic recovery amid the ongoing ...

Why a Biden presidency means more of the same with North Korea

If the Democratic Party candidate Joe Biden wins the US presidential election next month, as the polls suggest he will, many things will change. The g...

Brookfield's debt fund to raise $610 mn from Korea

Brookfield Infrastructure Partners will collect around 700 billion won ($610 million) from South Korean institutional investors for its second credit ...

Korea Does Matter: Why KED decided to go global

Korea Does Matter. This was one of many candidates for the name of our new global media outlet. Although we ended up going with our existing brand ...

Korea Investment acquires California-based office building worth $86 mn

Korea Investment & Securities Co. has acquired a luxury office building in Orange County, California valued at around 100 billion won ($86 million...

Korea’s biggest fried chicken brand aims to raise up to $61 mn in Nov. IPO

Kyochon F&B, South Korea’s No. 1 fried chicken franchise operator, plans to raise up to 71.3 billion won ($61 million) in an initial public ...

Gangneung, South Korea’s coffee capital

Wanna come to Gangneung for a sip of tasty coffee?For some 20 years, Gangneung has been the city of coffee for many Koreans.Located on the other side ...

Korea’s Hanjin Heavy up for sale, preliminary bidding by Oct. 26

Creditors of Hanjin Heavy Industries & Construction Co. will put the cash-strapped South Korean shipbuilder up for sale next month as the lenders ...

Kakao Pay set to be Korea's first mobile-payment fintech to go public

Kakao Pay Corp. is set to become South Korea’s first mobile-payment fintech company to go public as the company kicks off preparations for an in...

Foreign cloud service providers led by Amazon, MS play big in Korea

Global cloud service providers such as Amazon Web Services (AWS) are taking a greater share of South Korea’s serverless computing market, where ...

The four best time travels in Korea; Jeonju, Gunsan, Gochang, Buan

Jeonju A trip to the Joseon Dynasty with over 500 years of history!Young people wearing beautiful hanbok walk among traditional Korean houses  se...

Korea’s mobile banking app KakaoBank to push for 2021 IPO

KakaoBank Corp., the mobile banking arm of South Korea’s online messaging app operator Kakao Corp., is planning an initial public offering next ...

Korea’s tractor and farm machinery maker envisions smart mobility firm

Daedong Industrial Co., South Korea’s leading tractor and farm machinery maker, aims to transform into a smart mobility company, applying a...

Korea’s ESG corporate bond issues on course to top $5 bn in 2020

South Korean companies’ issues of environmental, social and governance (ESG) bonds have almost doubled to 5.7 trillion won ($4.9 billion) so far...

S. Korea to grow green biotech industry to $10.6 bn by 2030; nurture talent

The South Korean government said on Sept. 21 that it will triple the size of the country’s green biotechnology industry over the next decade and...

S. Korea’s big companies rattled by retail investors’ growing influence

South Korea’s big companies such as Samsung, LG and Hyundai often make shareholder-friendly moves to accommodate institutional investors, who fl...

South Korea's real estate FDI climbs 7.3% in Q2

South Korea's outbound direct investment in real estate continued to grow in the second quarter, up 7.3% year on year, despite sharp falls in the...

Urgent need to expand Korea's EV charging infrastructure: lobby group

It is critical that the South Korean government and carmakers swiftly move to increase local charging stations for electric vehicles and secure raw ma...

S. Korea's Kakao Work to rival Slack, messenger platform apps

Kakao Enterprise Corp., the artificial intelligence service unit of South Korea’s Kakao Corp., has launched a business messenger platform to com...

Korea’s car-sharing platform becomes 12th unicorn following $42.5 mn injection

South Korea’s leading car-sharing platform Socar Inc. has become the country's 12th unicorn valued at around 1.1 trillion won after re...

Korea Investment near $120 mn deal to buy student housing in Texas

Korea Investment & Securities Co. Ltd. is close to acquiring a new student housing building near the University of Texas at Austin (UT Austin) for...

Korea rises as production hub for coronavirus treatments; darling of global pharmas

South Korea is emerging as a global production base for coronavirus vaccines and medicine thanks to its comprehensive production facilities alongside ...

Korea’s big data companies eye IPOs as investors flush with cash

Tech investors are set to be deluged with initial public offerings as South Korea’s big data companies are pushing to list their shares amid a d...