Venture Capital Investment Promotion Act

SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, has expanded its sustainable food business by investing in a US-bas...

SK On Co., a South Korean electric vehicle (EV) battery maker, has joined forces with two energy materials companies to build a nickel intermediate ...

The Carlyle Group Inc. announced on Tuesday 32 new partners and 39 new managing directors, effective Jan. 1 of 2023, including two Koreans, Sean (So...

General Motors Co. plans to shut down a production line in South Korea as the US automaking giant aims to focus on manufacturing small cars in the c...

Medical data platform operator JNPMEDI Inc. announced on Tuesday that it raised 14 billion won ($10.3 million) in a Series A round. Pavilion Ca...

South Korea's Doosan Fuel Cell on Monday said it has signed an export contract worth 346.9 billion won($255 million) to supply large-scale versions ...

South Korea’s Daol Investment & Securities Co. plans to sell a controlling stake in its Thai subsidiary, Daol Thailand PCL, as part of its...

South Korea’s mobility startup Poen secured first place at the first-ever Geeks Show Up on Nov. 17, a demo day hosted by The Korea Economic Da...

Six leading economic organizations in South Korea have sent a joint letter to the US government and Congress requesting revision of the US Inflation...

South Korean conglomerate Eugene Group, one of the largest construction materials suppliers in the country, is planning to acquire local logistics c...

The implosion of the Bahamas-based crypto exchange FTX is causing ripple effects around the world, and South Korea is no exception.Seoul-based cry...

Samyang Group, a diversified conglomerate, has long focused on the chemicals and foodstuffs sectors. While adding to its existing chemicals bus...

Kia Corp., South Korea’s second-largest carmaker, is considering an investment of $754 million, which had been set aside for Russia, in China ...

South Korea's LG CNS will provide a smart city design for Indonesia's new capital of Nusantara. The company on Tuesday said it signed the day before...

S-Oil Corp., the South Korean unit of Saudi Arabian Oil Co., will approve the much-touted 8 trillion won ($6 billion) Shaheen project to expand its ...

CJ CheilJedang, following an organizational reshuffle, will focus on the development of future food such as food ingredients and alternative protein...

LG Electronics Inc., the global top home appliance maker, will bet on the healthcare, mobility and metaverse sectors in North America through invest...

South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. The brokerages are set...

KT Corp., a South Korean telecommunications giant, plans to invest $2 million in Sonde Health Inc., a US voice biomarker developer, to enhance the c...

NCSOFT Corp., which announced early this year plans to install non-fungible token (NFT) technology in the global version of its online role-playing ...

SK Square Co., the investment management arm of South Korea’s SK Group, is looking to reap handsome gains from its investment and divestment a...

Global businesses are forecast to suffer supply chain disruptions next year amid worsening geopolitical risk, such as the Russia-Ukraine war and pro...

South Korea's Shinhan Financial Group said on Monday it held a ceremony Friday to launch Shinhan Future's Lab Japan in Tokyo.The business accelerati...

The Seoul branch of the UK-based Hong Kong and Shanghai Banking Corp. (HSBC) has made a capital increase of over 20% to raise its capital adequacy r...

SK On Co., the world’s fifth-largest electric battery maker, said on Sunday it signed a deal on Nov. 4 to purchase lithium hydroxide, a key ba...

SK IE Technology Co. (SKIET), a unit of South Korea’s energy and battery maker SK Innovation Co., said on Friday it is embarking on a non-deal...

Korea's POSCO International, the trading arm of POSCO Group, on Friday formally merged with POSCO Energy, which handles liquefied natural gas (LNG) ...

South Korea’s Hyundai Heavy Industries Group said on Friday it has signed a deal to invest $30 million in TerraPower, a US nuclear power ventu...

When Oaktree Capital Management Co-Founder and Co-Chairman Howard Marks appears on TV, he is often asked whether to embrace a risk-on or risk-off st...

South Korea’s Mirae Asset Securities Co., which committed $100 million to Elon Musk’s Space Exploration Technologies Corp. (SpaceX) in J...