Game stocks plunge in S. Korea, US 

Game stocks plunge in S. Korea, US 

Game shares in South Korea and the United States have plunged, hit by worse-than-expected earnings. Online game developers in Korea have also b...

Korean biotech startup signs license deal with US firm

Korean biotech startup signs license deal with US firm

South Korea's biotech startup Novelty Nobility Inc. has signed a global license agreement for its antibody treatment candidate with a US biopharmace...

Shinsegae acquires Napa Valley winery Shafer Vineyards for $250 million

Shinsegae acquires Napa Valley winery Shafer Vineyards for $250 million

South Korea’s retail giant Shinsegae Inc. has acquired US winery Shafer Vineyards for $250 million to consolidate its leadership in the domest...

Thoma Bravo may attract $200 mn from NPS, KTCU

Thoma Bravo may attract $200 mn from NPS, KTCU

National Pension Service (NPS), Korean Teachers’ Credit Union (KTCU) and other institutional investors of South Korea are likely to contribute...

KAIST Holdings to open US offices with $8.4 bn value in mind

KAIST Holdings to open US offices with $8.4 bn value in mind

The Korea Advanced Institute of Science and Technology (KAIST) on Tuesday announced the blueprint to strengthen its foothold in the United States an...

Stockbridge names former NPS real estate expert as its MD

Stockbridge names former NPS real estate expert as its MD

Stockbridge Capital Group LLC, a US real estate investment firm, announced on Feb. 10 that David Park has joined the firm as a managing director. ...

Korean money flows to China exceed investment in North America

Korean money flows to China exceed investment in North America

South Korean money inflows to Chinese stocks exceeded investment in North America as sluggish US shares spurred investors to bet on a recovery in th...

Samsung hires ex-US Amb. Lippert as PR chief for N.American business

Samsung hires ex-US Amb. Lippert as PR chief for N.American business

WASHINGTON D.C. – Samsung Electronics Co. has hired Mark Lippert, former US ambassador to South Korea, as an executive in charge of corporate ...

Nuvilab uses the latest tech to tackle age-old issue of food waste

Nuvilab uses the latest tech to tackle age-old issue of food waste

South Korea’s food data analysis firm Nuvilab, Inc. is not a household name – at least yet. The startup is rather familiar to investors...

Singapore approves Korean Air-Asiana combination

Singapore approves Korean Air-Asiana combination

Singapore’s antitrust authority approved the integration of Korean Air Lines Co. and Asiana Airlines Inc., paving the way for South Korea&rsqu...

Construction Workers taps former Credit Union head as new CIO

Construction Workers taps former Credit Union head as new CIO

Construction Workers Mutual Aid Association (CWMA) has named Lee Seong-yeong as its new chief investment officer and is in the final stage of the no...

POBA, CalSTRS invest $235 mn in two US multifamily asssets

POBA, CalSTRS invest $235 mn in two US multifamily asssets

Public Officials Benefit Association (POBA) of Korea and The California State Teachers’ Retirement System (CalSTRS) have jointly invested $235...

LG Energy to spend $1.7 bn to hike Michigan battery capacity fivefold

LG Energy to spend $1.7 bn to hike Michigan battery capacity fivefold

The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. is spending $1.7 billion to expand its battery production ca...

Celltrion, Humasis to ship $300 mn COVID-19 test kits to US

Celltrion, Humasis to ship $300 mn COVID-19 test kits to US

South Korea's biopharmaceutical company Celltrion Inc. and diagnostic kit manufacturer Humasis Co. have signed contracts to supply their jointly-dev...

All of Us Are Dead ends boost to related stocks

All of Us Are Dead ends boost to related stocks

Netflix’s new original drama series All of Us Are Dead was another South Korean drama hit, but stocks related to the new zombie thriller have ...

SK on eve of jackpot from NYSE debut of US battery maker SES

SK on eve of jackpot from NYSE debut of US battery maker SES

SK Inc., the investment-focused holding company of South Korea’s SK Group, is set to pocket a sixfold return from its investment in SES Holdin...

Samsung C&T to invest $70 mn in US nuclear fission tech provider

Samsung C&T to invest $70 mn in US nuclear fission tech provider

Samsung C&T Corp. is set to invest up to 85 billion won ($7 million) in US nuclear fission technology provider NuScale Power, LLC. NuScale Power...

Hyundai, Kia post record US car sales as Japanese firms struggle

Hyundai, Kia post record US car sales as Japanese firms struggle

Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their combined auto sales in the US rise to their highest leve...

Samsung SDI in talks with global automaker for battery joint venture

Samsung SDI in talks with global automaker for battery joint venture

South Korea’s Samsung SDI Co. is in talks with a global automaker to launch a battery production joint venture following its partnership last ...

US survey findings on chip shortage rattle global chipmakers

US survey findings on chip shortage rattle global chipmakers

The US government’s release on Tuesday of its findings on the reasons behind the global chip shortage is raising concerns among chipmakers, wi...

Bain Capital seals 3rd beauty M&A deal in S.Korea

Bain Capital seals 3rd beauty M&A deal in S.Korea

Bain Capital on Thursday agreed to buy a majority stake in South Korea's medical aesthetic device manufacturer Classys Inc. for 670 billion won ($56...

Naver recruits two AI scholars based in US

Naver recruits two AI scholars based in US

Naver Corp. is ramping up its recruitment of global talent in artificial intelligence. The South Korean tech giant announced Monday that it h...

Korea’s GS E&C to export hydrogen plant modules to US

Korea’s GS E&C to export hydrogen plant modules to US

GS Engineering & Construction Co. will export hydrogen plant modules to the US, becoming the first South Korean builder for such overseas sales....

SK Hynix to invest more in US chip design startup SiFive

SK Hynix to invest more in US chip design startup SiFive

SK Hynix Inc., South Korea’s major chipmaker, decided to make an additional investment in a US chip design startup SiFive in order to secure s...

Hyundai, Kia lead rivals in 2022 US best car awards

Hyundai, Kia lead rivals in 2022 US best car awards

Hyundai Motor Group’s major auto brands have won a record number of best car awards by the U.S. News & World Report in recognition of thei...

Lotte acquires Chicago-based hotel for $36 mn K-style rebrand

Lotte acquires Chicago-based hotel for $36 mn K-style rebrand

Hotel Lotte Co., retail conglomerate Lotte Group’s luxury hotel operator, completed the acquisition of Kimpton Hotel Monaco in Chicago for $...

KTB PE earns 100% return from US brand sold to P&G

KTB PE earns 100% return from US brand sold to P&G

South Korea-based KTB Private Equity has earned a 100% return from Farmacy Beauty, just a year after its investment, following Procter & Gamble'...

POSCO to revive India steel mill construction plan

POSCO to revive India steel mill construction plan

POSCO Co. plans to build a steel mill jointly with India's Adani Group in western India, the South Korean steelmaker said on Thursday, after its pre...

MBK sells 10% stake to Dyal Capital for around $1 bn

MBK sells 10% stake to Dyal Capital for around $1 bn

North Asia-focused MBK Partners has agreed to sell a roughly 13% stake to Dyal Capital Partners for about $1 billion, according to a Bloomberg repor...

Hyundai Motor’s Alabama plant: World’s second most productive

Hyundai Motor’s Alabama plant: World’s second most productive

Hyundai Motor Co.'s US manufacturing plant in Montgomery, Alabama is the world’s second most productive assembly plant, contributing to the So...

Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike With waning MZ interest, is heyday over for S.Korea’s golf apparel market? LG links up with Chinese rivals for budget appliance supremacy Mercedes opens world’s 1st Maybach flagship center in Seoul Blackpink's new single Jump tops Spotify daily chart