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The sale of Citibank Korea’s consumer banking business is gaining traction as potential bidders have started due diligence of the bank, with e...

South Korea is unlikely to obtain the global index provider MSCI’s developed-market status this year with the Korean government’s decisi...

South Korea’s major banks are rushing to Singapore as the city-state is emerging as a new financial hub in Southeast Asia, replacing the tradi...

India, one of the world’s fastest-growing auto markets, has for decades been dominated by Japan’s Suzuki Motor Corp., which runs Maruti ...

Korea’s fashion company Ssangbangwool Inc. (SBW) was the only participant in the Eastar Jet Co. sellout bidding held at the Seoul Bankruptcy C...

South Korea’s two leading bakery franchise companies are expanding aggressively in Southeast Asia.SPC Group, the operator of Korea’s lar...

In South Korea today, running has become an increasing part of everyday life, particularly at a place where you would least expect to see a large gr...

As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats up between the countr...

South Korea-based online fashion platform Musinsa has spun off its sneaker resale platform SoldOut to create a subsidiary named SLDT, alongside secu...

HYBE Co., the music and entertainment agency behind BTS, on Jun 1-2 will open the subscription for its rights issue shares worth 445.5 billion won (...

It’s been about four months since Lee Seul, a manager at real estate app Zigbang, worked from the company office in Gangnam, one of South Kore...

There have been near-endless debates regarding the “proper valuation” of KakaoBank, South Korea’s largest internet-only bank that ...

South Korean companies have posted their best-ever quarterly sales and operating profits, emerging from a year-long slump caused by the global COVID...

South Korean and overseas private equity firms are knocking on the door of the initial public offering market for profitable divestments, riding the...

SmartStudy, a South Korean edtech firm behind global YouTube hits Pinkfong and Baby Shark Dance, has become the country’s 13th unicorn startup...

Korean Air Lines Co. will retain its brand name after absorbing local rival Asiana Airlines Inc. in a span of around two years, with their merged en...

The Korea Investment Corporation (KIC) officially opened its San Francisco office on Mar. 26, as part of its efforts to improve deal sourcing and in...

The Blackstone Group is working to set up a Seoul office, seven years after the US investment firm closed it down, in response to growing calls from...

Korean Air Lines Co. has kicked off its 3.3 trillion won ($3 billion) rights offering, the biggest amount ever by any South Korean company, to help ...

Back in 2019, SKC Kolon PI, a maker of industrial film, was put up for sale as the company’s two largest owners thought the business’s g...

One of the highlights from last month’s CES 2021 was Reah Keem, a virtual influencer who appeared during LG Electronics' virtual press confere...

One of the highlights from last month’s CES 2021 was Reah Keem, a virtual influencer who appeared during LG Electronics' virtual press confere...

The proposed union between South Korea’s two leading airlines is nearing the finish line as Korean Air Lines Co. begins due diligence on Asi...

Korean Air Lines Co. will proceed with its planned $1.6 billion acquisition of Asiana Airlines Inc. after winning approval from a majority of its sh...

The National Pension Service, the No. 2 shareholder of Korean Air Lines Co., will vote against the flag carrier’s plan to acquire Asiana Airli...

South Korea’s major companies are sitting on a record amount of cash reserves, setting the foundation for the merger and acquisition (M&A)...

South Korea is emerging as a global hub for the contract manufacturing of biopharmaceuticals following its latest deal to procure COVID-19 vaccines ...

Twenty years ago today, South Korea’s tech-heavy Kosdaq was reeling from the bursting of the IT bubble, with the junior market’s benchma...

Korean Air Lines Co. will push ahead with its planned $1.6 billion acquisition of debt-laden Asiana Airlines Inc., the company said, after a Seoul d...

SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the wor...