Kurly, SSG.COM, Oasis plan for fast-track 2022 IPOs
Competition among South Korean e-commerce companies for initial public offerings is expected to get even fiercer next year. Kurly Inc., the oper...
NPS makes new commitments worth $17 bn in private sector every year
South Korea's National Pension Service (NPS) plans to keep increasing private equity investment for mid- to-long term asset allocation, Choe Hyung D...
Top Korean LPs to discuss post-pandemic investments
The Korea Economic Daily is hosting Asia's biggest alternative investment forum in Seoul on Oct. 27, where chief executives of the National Pension ...
Hyundai to target Southeast Asia EV market from Indonesia
Hyundai Motor Group chairman Chung Euisun has declared that the world’s fifth-largest carmaker will target the electric vehicle market in Sout...
BTS drops Sony for Universal
The world’s biggest boy band is joining forces with the world’s largest music company.South Korea’s BTS has agreed to a ...
Citibank Korea to shut down retail business in phases
Citibank Korea has decided to close its consumer banking operations in phases, the bank said on Monday, after its attempt to find a buyer of the bus...
Masayoshi Son to bet $170 mn on Naver metaverse platform
Softbank Group founder Masayoshi Son is slated to bet $170 million on Naver Corp.’s metaverse platform. The investment is expected to help Nav...
Ares Management sees rental demand-led growth in US properties
Industrial properties in the US will likely continue to outperform other types of real estate, driven by significant rental growth in the e-commerce...
Enchem raises IPO price by a record 20% on strong investor demand
South Korea’s Enchem Co., which is working to list its shares on the Kosdaq market, has decided to raise its initial public offering price by ...
Are Korean battery materials stocks too expensive?
South Korean battery materials shares have rallied with their market capitalization nearly doubling since early January thanks to strong growth in t...
Hyundai Motor, Kia winners in sagging European car market in September
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their market share in Europe rise to a level never seen before...
SK to form 'turquoise' hydrogen JV in Korea with Monolith
SK Inc., the holding and investment company of South Korea’s SK Group, agreed to establish a 'turquoise' hydrogen joint venture in the country...
Korean auto shares shine in gloomy stock market
South Korean car shares overcame slides in the country’s stock markets as the automotive chip shortage is showing some signs of easing.Global ...
SK Group to reform governance structure with stronger board of directors
SK Group will undergo a major governance reform with significant empowerment of the board of directors in making key management decisions. The group...
SoftBank-backed Riiid acquires Langoo, eyes Japan's edtech market
South Korea-based artificial intelligence startup Riiid is looking to boost its presence in Japan following the acquisition of its Japan-based distr...
Hanwha to raise $503 mn to expand China PVC production
South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world&rsq...
Toss acquires Tada, taps into mobility market
South Korea-based mobile financial platform Toss, which has been expanding its operations across the financial sector, is set to foray into the mobi...
Korean LCCs rush to stock market for fund on travel recovery hopes
Cash-strapped South Korean budget airlines are rushing to raise money in the local stock market on growing hopes for a travel recovery as government...
Hyundai Doosan Infracore wins orders for 62 excavators in Philippines
South Korea-based heavy machinery and construction equipment maker Hyundai Doosan Infracore Co. has secured orders for 62 excavators in the Philippi...
Samsung to make 2-nanometer GAA chips by 2025 to overtake TSMC
Samsung Electronics Co. said on Thursday it will be able to commercialize a 2-nanometer transistor process technology by 2025 to take on bigger foun...
Yanolja, HanaTour team up to take lead in travel market
South Korea’s No. 1 accommodation booking platform Yanolja has joined forces with the country's leading travel agency HanaTour Service Inc. to...
SK, Plug Power launch JV to grab Asia’s hydrogen fuel cell market
SK Group’s city gas supplier SK E&S Co. said on Oct. 6 that it has officially kicked off the joint venture (JV) with the American hydrogen...
InBody to expand into household, blood pressure monitoring markets
South Korea’s InBody Co., the global market leader of body composition analyzer devices, will be making a strategic turn to focus on the fast-...
Korea's first-generation platforms collapse, ringing in new e-commerce era
South Korea's first-generation e-commerce platforms, which have been around since the 1990s, are rushing to sell off their businesses as their valua...
Kospi lowest in nearly 7 months; outlook dim on inflation, US debt standoff
South Korea's main stock index has fallen below the psychologically important 3,000 points for the first time in nearly seven months, with investors...
Hanjin Heavy wins $270 mn container ship order, first deal in 6 years
Hanjin Heavy Industries & Construction Co. said on Tuesday it has won a $270 million deal to build four 5,500 TEU container ships for a European...
Korea Inc emerges as big buyer in global M&A market
South Korean companies are emerging as big buyers in the global mergers and acquisitions (M&A) markets. They are actively looking for future gro...
Private equity exits tipped to lead S.Korea's Q4 M&A market
South Korea's M&A market, which has enjoyed record levels of activity so far this year, is expected to remain buoyant for the remainder of the y...
K-pop fan engagement platform DearU begins process for Nov IPO
How much will you pay to chat with your favorite K-pop groups such as TWICE every day? A South Korean startup generated 20 billion won ($16.9 millio...
KIC advised to invest in Europe's residential market
Europe's residential real estate market has stronger growth potential than the US housing facilities, given the growing preference among millennials...
