Web 3.0-based metaverse project

South Korean game developer Krafton Inc. dreams of growing into global content provider with an up to $3.7 billion fund to be raised from an initial...

SK Inc., the investment arm of South Korea's SK Group, will launch a 100 billion won ($90 million) fund jointly with Joyvio Group, a unit of Chinese...

South Korea’s metaverse gaming market is about to heat up with the country's leading 3D avatar platform Zepeto rolling out a game development ...

Hanwha Defense Co. has been named a contender for the design of a US Army war vehicle that will replace around 3,500 M2 Bradley vehicles that have b...

Kookmin Bank, South Korea's largest lender, will provide a $100 million loan to finance a solar power project led by US-based investment firm ECP as...

Displays are everywhere – refrigerators, automobiles, and even robots. And this display boom has sparked a fresh opportunity for 4by4 Inc., a ...

Korea’s small- and medium-sized enterprises (SMEs) have posted their highest-ever first-half exports this year. The Ministry of SMEs and Start...

The share prices of South Korean metaverse companies have skyrocketed throughout this year, in an environment where fan meetings, press conferences ...

Japanese video game giant Nintendo Co. posted an all-time high revenue in South Korea last year despite consumers boycotting Japanese products. The ...

The state-run Korea Development Bank (KDB) is seeking to sell 2.6 trillion won ($2.3 billion) in perpetual convertible bonds issued by HMM Co., th...

South Korea’s Samsung Heavy Industries Co. unveiled an offshore wind floater to branch out into renewable energy markets at home and abroad. ...

South Korea's Hana Alternative Assets Management Co. is estimated to have achieved an annualized return of 9.83% from the $51.5 million mezzanine lo...

South Korea-based artificial intelligence (AI) startup Rebellions Inc. is drawing industry attention as AI chips become mainstays of the semiconduct...

Hanssem Co., South Korea’s largest furniture and home furnishing company, said on Wednesday its honorary chairman and other key shareholders h...

South Korea’s Lotte Chemical Corp. is investing 4.4 trillion won ($3.8 billion) in hydrogen projects by 2030 to foster the business as a new g...

Korea Investment & Securities Co. raised $600 million in its first foreign currency bonds at lower-than-planned interest rates on strong demand....

Content giants are becoming increasingly interested in spatial audio technology, a keystone for the metaverse experience as it offers a 360-degree...

Jeju Air Co., South Korea’s largest low-cost carrier (LCC), seeks to raise some $175 million in new shares to boost its capital base, raising ...

Samsung Electronics Co. said its operating profit in the second quarter likely surged more than 50%, beating market expectations, thanks to its heal...

POSCO International Co., the trading unit of South Korean steelmaker POSCO, has agreed with Indonesia’s PT Pertamina Hulu Energi (PHE) to look...

The Korea Investment Corporation (KIC) will gradually increase alternative investments such as venture capital, private equity and debt, and infrast...

KakaoBank Corp., the mobile banking unit of online messaging app giant Kakao Corp., is looking to raise as much as 2.55 trillion won ($2.26 billion)...

Seoul-based STIC Investments, the third-largest shareholder in South Korea's HYBE Co., sold its remaining shares in the label behind BTS, in a block...

Hyundai Motor Co. is offering a unique driving experience for its high-performance brand, N Line, in a metaverse world created on Zepeto. Zepeto is ...

Shinsegae Group pushed through to be the sole winner in the prolonged race to acquire control of eBay Korea, making it a close runner-up in South Ko...

The recent asset price rises in South Korea, in particular in the equities and real estate markets, have been too rapid, even considering an expecte...

Last week’s devastating fire at a Coupang distribution center, which reportedly burned down more than 16 million items for delivery, is expect...

Nano-X Imaging Ltd. (Nanox), an Israeli startup listed on the Nasdaq last August, has started manufacturing digital X-ray components in South Korea....

Hyundai Motor Co. said on Monday it is shifting its business focus toward smart mobility from brick-and-mortar carmaking following its acquisition l...

Coupang Corp. has executed changes in leadership roles to focus more on overseas ventures. The company has entered Japan and Singapore this year. So...