Korean biodiesel firm Dansuk sets sights on battery recycling business

KUNSAN, North Jeolla Province – Dansuk Industrial Co., a South Korean fine chemical company, has for decades produced polyvinyl chloride (PVC)...

CrystalGenomics to sell largest 20% stake to Invites Healthcare for $44 mn

CrystalGenomics Inc., South Korea’s first-generation biopharma venture company, will sell new shares worth 58 billion won ($44 million) in a b...

Korea's two ride hailing apps to merge in H1, become top operator

South Korea’s ride hailing apps TADA and i.M are set to complete their merger as early as the first half of this year, aiming to become the co...

Funding gap creates opportunities in private real estate debt: ASK 2023

Global real estate investors will see the funding gap continue for a while, which creates opportunities for private debt in the sector. The office s...

Samsung SDS bolsters Cello Square with tech upgrades, global push

Samsung SDS Co., the information technology service unit under Samsung Group, has upgraded its digital forwarding freight service platform to bring ...

Private debt will offer both income and downside protection: ASK 2023

Global investors will find opportunities to increase positions in private debt markets amid high interest rates this year and need to strengthen their...

Mirae Asset Securities acquires European ETF market maker GHCO

Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...

LG Chem aims higher for battery materials with diverse portfolio

South Korea’s LG Chem Ltd. on Tuesday revised up its 2030 sales goal for battery materials by 45% after it delivered stronger-than-expected re...

Samsung Engineering, OMV sign agreement for modular project

South Korea's Samsung Engineering has partnered with global integrated energy company OMV for project collaboration. Samsung Engineering announced T...

LS Electric to unveil eco-friendly smart energy techs in Vietnam

South Korea's LS Electric Co. announced on Monday its participation in the highly anticipated "Electric Energy Show 2023" to be held in Hanoi, Vietn...

Jang Se-joo returns as Dongkuk chairman, launches holding firm

Jang Se-joo, former chairman of South Korea’s Dongkuk Steel Mill Co., has returned to the top post after an eight-year hiatus as the steelmake...

KEPCO vows to save $19 bn in 5 yrs; CEO offers to resign over swelling losses

South Korea’s state-run utility monopoly Korea Electric Power Corp. (KEPCO) on Friday vowed to save nearly 26 trillion won ($19.5 billion) ove...

S.Korea to apply private advanced tech to military weapons in 5 years

South Korea has approved a fast-track system that slashes complex administrative procedures for application of private technology to the military&rs...

S.Korea to prop up quantum tech with academia, private sector   

South Korea, trailing in the global race for quantum technology, will open a new quantum technology-dedicated graduate school with a consortium led ...

US eyes new rules for Samsung, SK to bring chip machines to China

The US government is considering establishing new rules for South Korea’s chipmakers to import advanced equipment to China to upgrade their fa...

Mirae Asset Securities joins Singapore Exchange's trading membership

South Korea's Mirae Asset Securities has made history as the first Korean financial investment firm to join the Singapore Exchange's (SGX) trading...

S.Korean startups eye on Southeast Asia as promising market

SINGAPORE - Southeast Asia with a youth population constituting about one-third of the region’s total population and surging internet penetrat...

Hyundai Rotem, Hana Bank to promote private railway project

Hyundai Rotem Co., a South Korean railway system maker under Hyundai Motor Group, announced on Monday that it has signed an infrastructure fund inve...

Alternative investment forum ASK 2023 to kick off May 17 in Seoul

South Korean institutional investors, including the world’s third-largest pension fund National Pension Service (NPS), and global asset manage...

Samsung vetoes Broadcom's proposed measures to avoid Korean penalties

Samsung Electronics Co. and other South Korean tech companies opposed measures proposed by Broadcom Inc. to avoid penalties by the country’s a...

Merck to build biopharma raw material plant in Korea

Global pharmaceutical company Merck is considering a plan to establish a biopharmaceutical raw material production facility in Daejeon.South Korean ...

S.Korea’s four firms to develop domestic tech for carbon capture

South Korea's shipbuilding and shipping companies, including HMM Co., Samsung Heavy Industries, marine equipment manufacturer Panasia and the ship i...

Kakao Healthcare teams up with US digital, biohealth firms

Kakao Healthcare, a digital healthcare platform unit of South Korea's Kakao Group, has teamed up with US digital and health companies such as DexCom...

DevSisters starts pre-booking Cookie Run: Kingdom in China

South Korean game developer DevSisters Corp. announced on Friday that its globally popular mobile game "Cookie Run: Kingdom" has opened pre-registra...

Korea's Kakao Pay to buy 51% of US financial firm Siebert

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., announced on Thursday it has signed an a...

S.Korea gov’t hosts sales event for domestic, US SMEs

South Korean small- and medium-sized enterprises (SMEs) expanded their exchange and cooperation with US firms during President Yoon Suk yeol's state...

In South Korea, innovation is subject to regulatory approval

In a country like South Korea with few natural resources to run its economy, innovations or brilliant business ideas are crucial to its survival.It ...

Direct lending tops private debt strategy again for Korean LPs

Direct lending, which has topped South Korean institutional investors’ private debt strategies for years, has become even more popular amid risi...

POSCO Future M to inject $461 mn to bulk up cathode production

POSCO Future M Co., a unit of South Korean steel giant POSCO Holdings Inc., said on Monday it has decided to invest 614.8 billion won ($460.5 millio...

LG Electronics to bolster B2B to transform into software company

LG Electronics Inc., South Korea’s home appliance giant, will expedite its push to transform from a white goods manufacturer into a digital so...