UFS 3.1

South Korea-based POSCO Chemical Co. has begun preparations for its rights offering, to the delight of shareholders as the company’s share pri...

The National Pension Service has mandated Russell Investments to invest $1 billion in listed real estate companies or real estate investment trusts ...

Daewoo Engineering & Construction Co. has racked up two orders totaling $3.1 billion from Iraq and Mozambique to build a port and an LNG train, ...

South Korea-based IMM Private Equity has raised 2 trillion won ($1.8 billion) for its largest flagship fund, RoseGold IV, at its final close, accord...

LG Electronics Inc. and Magna International Inc. will form a $1 billion joint venture to build electric car components as the tech companies tap int...

Hanwha Solutions Corp. is preparing to raise 1.2 trillion won ($1.1 billion) through rights issues to shore up new growth drivers, particularly it...

CJ Cheiljedang Corp., South Korea’s top food company, has again put up for sale its animal feed assets, after talks to sell the fully owned un...

The Ontario Teachers' Pension Plan (OTPP) has agreed to invest 300 billion won ($275 million) in South Korea’s leading fried chicken brand B...

Korea Development Bank (KDB) is planning to raise between $500 million and $1 billion in a dollar bond sale in mid-January, set to become the first ...

South Korean steelmaker POSCO launched in 1968 with a mission to aid the country's economic growth through its steel business. True to its inten...

The National Pension Service has set up a $1.5 billion joint venture with the US-based real estate investment firm Hines for a build-to-core portf...

The National Pension Service and Germany’s Allianz SE are in negotiations  to jointly buy a 50% stake in OUE Bayfront, a Grade A office t...

Global investment firm J.P. Morgan projects South Korea’s benchmark Kospi will climb to 3,200 next year, up nearly 18% from the current 2,72...

Hyundai Motor Co. has decided to acquire the US robotics firm Boston Dynamics Inc. from SoftBank Group for slightly less than 1 trillion won ($921 m...

MBK Partners has begun the process to sell Apex Logistics, China’s leading air freight company, for about 10 times the amount of its investmen...

South Korea's game and entertainment companies saw their share prices surge on rising expectations of a return to the Chinese market after a Korea...

MBK Partners has now become the second-largest shareholder in both of China’s two biggest rental car companies after purchasing a 20.86% stake...

South Korea’s SK Bioscience Co., set to enter clinical trials for its COVID-19 vaccine candidates, is expected to list on the Seoul main bours...

Korean Air Lines Co. will push ahead with its planned $1.6 billion acquisition of debt-laden Asiana Airlines Inc., the company said, after a Seoul d...

Samsung Engineering Co. has received a letter of intent from Malaysia’s petrochemical firm Sarawak Petchem Sdn Bhd to build a methanol plant i...

SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the wor...

South Korea’s shipbuilders have made a clean sweep of year-end orders owing to to contracts placed for very large crude carriers (VLCCs). Demand...

Korean Air Lines Co. will spend 1.8 trillion won ($1.6 billion) to own a majority stake in beleaguered local rival Asiana Airlines Inc., in a deal t...

Samsung Electronics Co. shares have soared to a historic high, driven by foreign investors scooping up a total net 2.6 trillion won ($2.3 billion) wor...

South Korea's stock market is seeing a shift in buying trends from foreign investors who are increasingly beefing up investments in cyclical stocks wh...

South Korea's benchmark Kospi reached a two-year high closing at 2485.87 points on Nov. 11, posting an eight-session winning streak driven by imminent...

Kakao Corp., South Korea's platform giant, announced on Nov. 9 that its webtoon (digital comics) platform Piccoma has become the No. 1 grossing mobile...

Hyundai Heavy Industries Holdings Co. is seeking to cut the 2.1 trillion won ($1.9 billion) acquisition price for a majority stake in South Korean riv...

South Korea’s No. 1 fried chicken franchise operator Kyochon F&B pulled in a staggering $8.2 billion in deposits during its two-day public s...

South Korean edtech startup SmartStudy’s video Pinkfong Baby Shark Dance has claimed the No. 1 position as the most-watched video on Youtube. It...