Toss Bank debuts amid government's tightening of loans

Toss Bank debuts amid government's tightening of loans

South Korean government’s toughening stance on household loans is having a direct impact on the fast-growing internet banks in the country. Th...

Morgan Stanley remains top advisor for S.Korea Q3 M&As

Morgan Stanley remains top advisor for S.Korea Q3 M&As

Morgan Stanley remained the top M&A advisor in South Korea in the third quarter of this year, according to data compiled by market tracker FnGui...

SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day

SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day

SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...

China power crisis, US tightening chill sentiment on Korea IT sector

China power crisis, US tightening chill sentiment on Korea IT sector

Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...

POSCO hires ex-US envoy on N.Korea Stephen Biegun as adviser

POSCO hires ex-US envoy on N.Korea Stephen Biegun as adviser

South Korean steel giant POSCO has hired Stephen Biegun, former US deputy secretary of state, as its adviser for its American business.POSCO America...

DL Chem seals $2.5 bn purchase of US chemical maker Kraton

DL Chem seals $2.5 bn purchase of US chemical maker Kraton

DL Chemical Co., South Korea's leading petrochemical company, has acquired Texas-based specialty chemical manufacturer Kraton Corp. for $2.5 billion...

SK Innovation, Ford to invest $11.4 billion to build largest EV battery JV

SK Innovation, Ford to invest $11.4 billion to build largest EV battery JV

SK Innovation Co. and Ford Co. will invest a combined $11.4 billion to build an assembly and battery complex and two additional battery factories in...

Batteries, chips strengthen US-Korea economic ties

Batteries, chips strengthen US-Korea economic ties

Battery and chip industries are reinforcing economic cooperation between the United States and South Korea, expanding their ties focused on security...

US pressures Samsung, chipmakers to disclose key internal data

US pressures Samsung, chipmakers to disclose key internal data

The American government is forcing global semiconductor manufacturers to submit internal information on their chip inventory as well as the number o...

SKC to raise corporate value to $25 bn with battery materials

SKC to raise corporate value to $25 bn with battery materials

South Korea’s SKC Co. plans to expand its electric vehicle battery materials business in a move to fivefold its corporate value to 30 trillion...

Cookie Run developer enjoys 1126% year-to-date growth in stock price

Cookie Run developer enjoys 1126% year-to-date growth in stock price

Devsisters Corporation, the developer of the globally popular mobile game Cookie Run, has become a “ten bagger” stock with its price ris...

Taylor city in Texas likely to host Samsung’s new US chip plant

Taylor city in Texas likely to host Samsung’s new US chip plant

The global semiconductor industry is keeping a close eye on whether Taylor, a city located in Williamson County of Texas and the most probable site ...

NPS, Hines ink $2.5 bn US redevelopment project

NPS, Hines ink $2.5 bn US redevelopment project

South Korea's National Pension Service (NPS) and Hines have jointly acquired the headquarters complex of Pacific Gas & Electric Company (PG&...

Hyundai considers EV version of Santa Cruz pickup in US market

Hyundai considers EV version of Santa Cruz pickup in US market

Hyundai Motor Co. plans to roll out an electric version of the Santa Cruz pickup, the South Korea automaker’s first model for the American mar...

Korean Air credit outlook raised, passenger traffic set to return

Korean Air credit outlook raised, passenger traffic set to return

The credit rating outlook for Korean Air Lines Co. (KAL) and its parent Hanjin KAL Corp. has been upgraded amid expectations that passenger flights ...

SoftBank sells part of Coupang shares for $1.7 bn

SoftBank sells part of Coupang shares for $1.7 bn

Vision Fund, led by SoftBank Group founder Masayoshi Son, has sold one-tenth of its shares in South Korea's e-commerce platform Coupang Inc. for $1....

Korean startup closer to winning Touch ID patent dispute with Apple

Korean startup closer to winning Touch ID patent dispute with Apple

South Korea's Firstface Co. has inched a step closer to winning its patent dispute against Apple Inc., after a US federal appeals court ruled in fav...

KGC creates Ginseng Museum Cafe in New York

KGC creates Ginseng Museum Cafe in New York

Korea Ginseng Corporation (KGC), a wholly-owned subsidiary of KT&G Corporation, has set up its first interactive cafe in the global market where...

Korean tractors plough more US soil

Korean tractors plough more US soil

If you google tractors or lawnmowers in the US, you may see products of Kioti by Daedong-USA, Inc., a subsidiary of South Korea’s No. 1 agricu...

Kakao to strengthen overseas operations amid growing criticism

Kakao to strengthen overseas operations amid growing criticism

Kakao Corp. will accelerate its overseas expansion as part of its recently announced reform plan to strengthen fair business practices.Kakao said on...

LG Chem, ADM to build JV in US to produce bioplastics made from corn

LG Chem, ADM to build JV in US to produce bioplastics made from corn

South Korea’s LG Chem Ltd. said on Tuesday it is jointly building a corn-based bioplastic plant in the US with Archer Daniels Midland Co., a g...

Monroe Capital opens first Asian outpost in Seoul

Monroe Capital opens first Asian outpost in Seoul

The US private credit markets-focused Monroe Capital LLC has made its foray into Asia by opening an office in South Korea, where the National Pensio...

Hyosung Group Chairman Cho seeks growth opportunities in US market

Hyosung Group Chairman Cho seeks growth opportunities in US market

South Korea’s Hyosung Group is looking to the US market for growth as the textile and chemicals conglomerate is expanding facilities in Americ...

DL Chem to spend $2 bn on petrochemical expansion

DL Chem to spend $2 bn on petrochemical expansion

DL Chemical Co., the petrochemical arm of South Korea's DL Group, will spend 2 trillion won ($1.7 billion) over the next five years to sharply boost...

Seoul Q2 office prices rise at fastest rate in 10 yrs

Seoul Q2 office prices rise at fastest rate in 10 yrs

Seoul office building prices rose at their strongest rate in 10 years in the second quarter of this year, driven by domestic investors as the Seoul ...

EcoPro BM to reveal overseas production plans in mid-Oct

EcoPro BM to reveal overseas production plans in mid-Oct

South Korea’s battery materials maker EcoPro BM Co. is set to unveil its plans for manufacturing in other countries including the United State...

SK E&S acquires US energy firm KCE, to invest $600 mn for expansion

SK E&S acquires US energy firm KCE, to invest $600 mn for expansion

SK E&S Co., the natural gas business unit of SK Group, has acquired Key Capture Energy LLC (KCE), a US operator of energy storage projects, as t...

Korea’s Genome & Company aims US CMO market

Korea’s Genome & Company aims US CMO market

South Korea’s microbiome medicine developer Genome & Company geared up for entering the U.S. market to boost profits and make inroads into...

Medytox’s US business outlook dim as contract with AbbVie ends

Medytox’s US business outlook dim as contract with AbbVie ends

South Korea’s pharmaceutical company Medytox Inc. has ended a botulinum toxin-related technology transfer contract with AbbVie, clouding its b...

Taihan Cable lands $36 mn US infrastructure deal ahead of LA Olympics

Taihan Cable lands $36 mn US infrastructure deal ahead of LA Olympics

South Korea’s oldest electric wire maker Taihan Cable & Solution Co., formerly known as Taihan Electric Wire Co. until under IMM PE’...

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 K-content goes cultural: KPop Demon Hunters sparks heritage K-goods craze POSCO supplies HIC-resistant steel for Aramco’s Fadhili gas plant