Korean fried chicken brand eyes global expansion post-IPO

Korean fried chicken brand eyes global expansion post-IPO

Kyochon F&B, South Korea’s No.1 fried chicken franchise operator, will increase its number of overseas outlets by more than tenfold by 2025 ...

LG Display and Disney partner to offer new viewing experiences

LG Display and Disney partner to offer new viewing experiences

South Korea’s LG Display Co. and US-based StudioLAB have entered a three-year partnership that will combine the local display maker's innovative...

Samsung overtakes Coca-Cola in brand value; highest among Asian firms

Samsung overtakes Coca-Cola in brand value; highest among Asian firms

Samsung Electronics Co.’s global brand has risen to the highest ranking among Asian companies, as the South Korean tech giant overtook Coca-Cola...

LG Chem develops world's first biodegradable plastic alternative

LG Chem develops world's first biodegradable plastic alternative

LG Chem Ltd. has developed the world's first 100% biodegradable material that can replace plastic as the company moves to take the lead in the global ...

Korea's beauty chain pre-IPO attracts PEFs

Korea's beauty chain pre-IPO attracts PEFs

South Korea's largest health and beauty franchise CJ Olive Young has received preliminary bids from around seven participants including global and dom...

Hyundai’s hydrogen push gains steam under new leadership

Hyundai’s hydrogen push gains steam under new leadership

Hyundai Motor Co. is taking the lead in the South Korean government drive to push the hydrogen economy as one of the country’s new growth engine...

New Hyundai Motor Chairman Chung Euisun sets sights on future mobility

New Hyundai Motor Chairman Chung Euisun sets sights on future mobility

Chung Euisun, executive vice chairman of Hyundai Motor Co., has assumed the chairmanship of Hyundai Motor Group, officially confirming his ascension t...

Hyosung’s recycled yarn from PET bottles lures fashion brands

Hyosung’s recycled yarn from PET bottles lures fashion brands

Hyosung TNC Corp. is experimenting with something that may seem strange in the eyes of some: making recycled yarn from discarded PET bottles, in a pro...

BTS ushers in new paradigm for online concerts

BTS ushers in new paradigm for online concerts

South Korea’s seven-member boy band BTS has had many firsts over the years. They were the first Korean band to perform at the legendary Wembley ...

Brookfield set to raise $610 mn for new infrastructure debt fund: report

Brookfield set to raise $610 mn for new infrastructure debt fund: report

Brookfield Asset Management Inc. will collect around 700 billion won ($610 million) from South Korean institutional investors for its second infrastru...

Samsung beats TSMC to win new Qualcomm order to make mobile chips

Samsung beats TSMC to win new Qualcomm order to make mobile chips

Samsung Electronics Co. has clinched a deal with Qualcomm Technologies Inc. to manufacture 5G-capable mobile application processors designed for mid-r...

Korea’s biggest fried chicken brand aims to raise up to $61 mn in Nov. IPO

Korea’s biggest fried chicken brand aims to raise up to $61 mn in Nov. IPO

Kyochon F&B, South Korea’s No. 1 fried chicken franchise operator, plans to raise up to 71.3 billion won ($61 million) in an initial public ...

Biophilic, planterior design emerge as new trends for millennials

Biophilic, planterior design emerge as new trends for millennials

The 1994 film “Leon,"  known as “The Professional” in the US, became an iconic film portraying an unlikely friendship betwe...

Samsung to make new Qualcomm chips for 5G smartphones with 5nm technology

Samsung to make new Qualcomm chips for 5G smartphones with 5nm technology

Samsung Electronics Co. has secured a deal to manufacture Qualcomm Technologies Inc.’s new mobile application processor for 5G smartphones, the ...

Doosan Heavy seeks new buyer for construction arm after deal falls through

Doosan Heavy seeks new buyer for construction arm after deal falls through

Doosan Heavy Industries & Construction Co. has begun fresh talks with potential buyers for construction affiliate Doosan Engineering & Constru...

Hanwha Solutions, affiliates’ shares soar on Green New Deal, defense

Hanwha Solutions, affiliates’ shares soar on Green New Deal, defense

Share prices of Hanwha Solutions Corp. and other Hanwha Group units are being re-rated as the companies shift their business focus to the green energy...

Doosan Heavy to wrap up first-round restructuring with $1.1 bn new share sale

Doosan Heavy to wrap up first-round restructuring with $1.1 bn new share sale

Doosan Heavy Industries & Construction Co. Ltd., the debt-ridden South Korean power plant builder, is set to wrap up the first round of its debt r...

Korean retail investors attracted to US growth stocks, now 10th Tesla owners

Korean retail investors attracted to US growth stocks, now 10th Tesla owners

South Korean retail investors, who turn their eyes overseas for higher returns, are heavily buying into US growth stocks amid growing fears of tech st...

Kim Yong-jin officially appointed as NPS’ new CEO, likely to drive decision over CIO status

Kim Yong-jin officially appointed as NPS’ new CEO, likely to drive decision over CIO status

Kim Yong-jin, the former second vice finance minister of President Moon Jae-in’s government between mid-2017 and 2018, has been chosen as the Na...

Hanwha Life commits $400 mn to KKR’s new Asia buyout fund

Hanwha Life commits $400 mn to KKR’s new Asia buyout fund

Hanwha Life Insurance Co. Ltd., South Korea’s second-biggest life insurer, has committed around $400 million to KKR & Co.’s new Asia b...

FKI calls for further easing of new CVC rules to spur investment

FKI calls for further easing of new CVC rules to spur investment

The South Korean government, which recently decided to allow holding companies of conglomerates to run corporate venture capital (CVC) units, needs to...

Samsung Biologics to double bioreactor capacity with $1.5 bn new plant

Samsung Biologics to double bioreactor capacity with $1.5 bn new plant

Samsung Biologics Co. Ltd., the world’s largest contract manufacturing organization (CMO) in terms of capacity, will invest 1.74 trillion won ($...

Hyundai launches IONIQ as standalone EV brand

Hyundai launches IONIQ as standalone EV brand

 The Hyundai Motor Group is launching IONIQ as a standalone brand to exclusively make electric cars as part of its efforts to gain share in the r...

Shinsegae International acquires a 100% stake in high-end cosmetics brand Swiss Perfection

Shinsegae International acquires a 100% stake in high-end cosmetics brand Swiss Perfection

 Korean fashion and beauty business Shinsegae International Co., Ltd has acquired a 100% stake in Swiss Perfection, a high-end cosmetics brand ba...

Korean investors quickest to jump into new TALF fund: EMP Belstar

Korean investors quickest to jump into new TALF fund: EMP Belstar

South Korean institutional investors have become the world's first group of investors in a fund related to the Federal Reserve's new Term Asset-B...

Hyundai, Hankook Tire may rebuild relations with new test-driving center

Hyundai, Hankook Tire may rebuild relations with new test-driving center

Hyundai Motor Group has reached a tentative agreement to build the country’s biggest test-driving center at a new tire testing facility of Hanko...

Korean funds hold off new midstream project investments

Korean funds hold off new midstream project investments

Pension funds, insurance companies and asset managers in South Korea have indefinitely halted new investments in North America’s midstream asset...

KIC to boost startup investment with new San Francisco office

KIC to boost startup investment with new San Francisco office

Korea Investment Corporation will open a San Francisco office within the year to improve its deal sourcing capability for technology startups and othe...

Europe’s residential assets seen as attractive play: Patrizia

Europe’s residential assets seen as attractive play: Patrizia

Residential properties remain a small portion of institutional investors’ portfolios but they are becoming an attractive asset class for income-...

Japan, Australia may generate attractive property deals: Carlyle

Japan, Australia may generate attractive property deals: Carlyle

Financial restructuring by Japanese companies and rising population density in Australia look set to create attractive investment opportunities for co...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation