GC Biopharma introduces candidates for treating blood coagulation disease

GC Biopharma introduces candidates for treating blood coagulation disease

South Korea's GC Biopharma Corp. announced on Tuesday that it had entered into an agreement to transfer assets with Catalyst Biosciences, a US-based...

S.Korea's GEPS logs 10.2% return on alternative assets in 2022

S.Korea's GEPS logs 10.2% return on alternative assets in 2022

South Korea’s Government Employees Pension Service (GEPS) had a 4.4% loss on investment last year, seeing its assets under management (AUM) dr...

Inflation casts shadow over S.Korea NPS' hedging strategies

Inflation casts shadow over S.Korea NPS' hedging strategies

South Korea’s National Pension Service (NPS), with 920.4 trillion won ($694.6 billion) in assets as of November 2022, faces growing concerns o...

Kakao vows to thwart HYBE scheme for SM control

Kakao vows to thwart HYBE scheme for SM control

Kakao Corp., South Korea’s dominant mobile platform, said on Monday it would mobilize all possible countermeasures against HYBE Co. ’s a...

POSCO Chemical changes name to POSCO Future M

POSCO Chemical changes name to POSCO Future M

POSCO Chemical, a chemical subsidiary of the POSCO Group, announced on Friday that it had approved an agenda to change its company name to "POSCO Fu...

Korea’s LG CNS to enhance digital channel biz with Adobe

Korea’s LG CNS to enhance digital channel biz with Adobe

South Korea’s largest cloud computing service provider LG CNS Co. joined hands with US computer software company Adobe Inc. to improve its dig...

S.Korean investors eye VC, growth equity in tech: Adams Street

S.Korean investors eye VC, growth equity in tech: Adams Street

Many investors are questioning whether private markets will stay bullish amid uncertainty in 2023. The markets will continue to generate interesting...

Samyang to develop biomaterials for battery heat management

Samyang to develop biomaterials for battery heat management

South Korea’s Samyang Corp. signed a partnership agreement with local tech venture Nano Tim on Feb. 20 to jointly develop thermal interface ma...

S.Korea's Hanwha Asset Management staff protest personnel reshuffle

S.Korea's Hanwha Asset Management staff protest personnel reshuffle

Internal conflict is growing at South Korea's Hanwha Asset Management over the company's de facto restructuring of its fund management in the wake o...

SK Enmove joins GRC's ElectroSafe Fluid Partner Program

SK Enmove joins GRC's ElectroSafe Fluid Partner Program

South Korea's SK Enmove Co. said on Monday it will participate in the ElectroSafe Fluid Partner Program run by US-based specialist company GRC, whic...

Korea's Cha Bio Group to expand overseas real estate business

Korea's Cha Bio Group to expand overseas real estate business

Cha Bio Group, consisting of Cha Biotech and Cha Vaccine Research Institute as its subsidiaries, has announced its expansion into the real estate in...

Kumho Tire establishes ESG committee under its board of directors

Kumho Tire establishes ESG committee under its board of directors

Kumho Tire Co. is intensifying its sustainable management efforts by establishing an environmental, social and governance (ESG) committee directly u...

Daesang Wellife signs contract with RexSoft for healthcare platform

Daesang Wellife signs contract with RexSoft for healthcare platform

South Korea's Daesang Wellife Corp. has inked a 2 billion won ($1.5 million) investment contract with local healthcare data science company RexSoft ...

Law firm's paper on SM: Trigger of SM Ent.'s management feud

Law firm's paper on SM: Trigger of SM Ent.'s management feud

On Jan. 19, SM Entertainment Co. founder and former Chief Producer Lee Soo-man received a 17-page document written by South Korea’s largest la...

Bespin Global, STEG partner to develop cloud management platform

Bespin Global, STEG partner to develop cloud management platform

South Korea's two IT firms, Bespin Global and STEG, have teamed up to jointly develop a cloud operation management platform. Bespin Global said on T...

LG U+, Plana jointly research data transmission tech for urban air mobility

LG U+, Plana jointly research data transmission tech for urban air mobility

South Korea's LG Uplus Corp. and Plana, a domestic startup for urban air transportation (UAM) craft, have signed a business deal on joint research o...

S.Korean LPG importers' profits surge on replacement demand

S.Korean LPG importers' profits surge on replacement demand

South Korea’s liquefied petroleum gas (LPG) importers such as E1 Corp. and SK Gas Ltd. saw their operating profit skyrocket in 2022, as a surg...

Samsung Asset Management's bond-type ETF assets exceed $7.9 billion

Samsung Asset Management's bond-type ETF assets exceed $7.9 billion

Investment in South Korea is pouring into bond-type exchange-traded funds (ETFs) under the anticipation that interest rate hikes end this year. Such...

S.Korea's banks see deposits plummet $35.5 billion in Jan

S.Korea's banks see deposits plummet $35.5 billion in Jan

Banks in South Korea last month saw deposits plummet over 45 trillion won ($35.5 billion) from the previous month due to a decline in deposit intere...

Fintech firm Kakao Pay logs first yearly net profit in 2022

Fintech firm Kakao Pay logs first yearly net profit in 2022

Kakao Pay Corp., the mobile payment service unit of South Korean tech giant Kakao Corp., posted a net profit last year for the first time since its ...

Mirae Asset Securities signs long-term REC purchase contract

Mirae Asset Securities signs long-term REC purchase contract

Mirae Asset Securities signed a long-term purchase agreement for solar renewable energy certificates (RECs) with Sunset Energy on Tuesday. Sunset En...

Korea refiners swing to Q4 loss amid windfall tax calls

Korea refiners swing to Q4 loss amid windfall tax calls

South Korean refiners such as SK Innovation Co. and S-Oil Corp. are estimated to incur a combined loss of over 1 trillion won ($800 million) in the ...

K-pop pioneer SM engulfed in management dispute

K-pop pioneer SM engulfed in management dispute

Kakao Corp., South Korea’s mobile platform giant and operator of the country’s top messenger app Kakao Talk, is set to become the second...

SK Bioscience gets info security management system certification

SK Bioscience gets info security management system certification

SK Bioscience Co. said on Tuesday that its Pangyo headquarters and its vaccine production facility L House in Andong, South Korea, have acquired ISO...

HMM joins UNGC to strengthen ESG management

HMM joins UNGC to strengthen ESG management

HMM Co., a South Korean container shipping company formerly known as Hyundai Merchant Marine, said on Monday that it has joined the United Nations G...

Korea's growing ETF market sees net assets jump $5.9 billion in Jan

Korea's growing ETF market sees net assets jump $5.9 billion in Jan

The net assets and trading volume of South Korea's exchange-traded funds (ETFs) this year have seen major growth.The Korea Exchange on Monday said t...

Meritz Securities poised to become Korea’s No. 1 for first time

Meritz Securities poised to become Korea’s No. 1 for first time

Meritz Securities Co., once a mid-tier securities firm in South Korea, is expected to command the local market as No. 1 after earning more than 1 tr...

NYLIM taps Sungyun Hong as head of Seoul office

NYLIM taps Sungyun Hong as head of Seoul office

New York Life Investments (NYLIM) has appointed Sungyun Hong as head of its Seoul office, the US asset management firm said on Wednesday. Hong ...

Korean proptech startup Sweet Spot attracts $7.7 mn Series B funding

Korean proptech startup Sweet Spot attracts $7.7 mn Series B funding

South Korea's retail property technology startup Sweet Spot attracted a Series B investment of 9.5 billion won ($7.7 million) from venture capital a...

Hancom Carelink invests in bio big data venture 3bigs

Hancom Carelink invests in bio big data venture 3bigs

South Korea's Hancom Carelink, a digital health care company under Hancom Group, on Wednesday said it bought an unspecified stake in the bio big dat...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal