Lotte Chem eyes global EOA leadership with capacity expansion

Lotte Chemical Corp. plans to further expand the production line for ethylene oxide adduct (EOA), a specialty material used in the construction indu...

Korean govt pension to commit $105 mn to 3 global infra funds

South Korea's Government Employees Pension Service (GEPS) will commit $105 million to three global infrastructure funds this year, targeting a net i...

Korea’s Netflix blockbuster Space Sweepers receives global viewership

Described as "South Korea's first space-set blockbuster," Netflix's film Space Sweepers is receiving considerable viewership globally, joining a gro...

SK E&S seeks global IB to raise up to $3 bn in 2021

SK E&S Co. will hire a global investment bank to launch the process of raising 2 trillion-3 trillion won ($2 billion-$3 billion) in new capital ...

Korean content shares soar as platforms eye overseas expansion

Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...

Brokerage firms enjoy rising bets on global derivatives

South Korean brokerage houses enjoyed a bumper year in 2020 with a record fee income from global derivatives trading, driven by retail investors' ve...

Global infra boom revives S.Korea’s heavy equipment sector

South Korea’s heavy machinery manufacturers are making a strong start this year, reporting the highest first quarter revenue figures since 201...

Vietnam government picks Alliex to lead cashless transition

South Korea’s fintech startup Alliex Co. has kicked off a new project in Vietnam to create a common payment platform that would standardize th...

SK Group acquires 16.3% of Vietnam’s top retailer for $410 million

South Korea’s SK Group has acquired 16.3% of Vincommerce, Vietnam’s top retail business operator, for $410 million as part of a move to ...

NHN joins race for top spot in global webtoon market

South Korean content platforms' appetite for webtoons remains strong as major players such as Naver Corp. and Kakao Corp. further ramp up their webt...

Cuckoo home appliances post record sales in US, Vietnam

South Korea’s leading kitchen appliances maker Cuckoo Holdings Co. has posted record growth in overseas sales, largely driven by successes i...

Samsung Heavy sets new global record with $2.5 bn order

South Korea’s Samsung Heavy Industries has landed an order to build 20 very large container ships (VLCS) at 2.8 trillion won ($2.5 billion), t...

Korea's global real estate fund investors brace for losses

The combined balance of overseas real estate investment funds sold in South Korea saw a drop in their net asset value below the original value by 40...

Global law firms in Korea hunt for talent amid growing outbound M&As

Leading international law firms with offices in South Korea are gearing up for growing legal service demand from local companies in their push for m...

S.Korean mold makers target global leadership with record exports

South Korea’s die and mold industry reported another year of export growth last year, fueled by record-high volume to North America, and maint...

COEX to run Vietnam’s No.2 convention center as MICE industry takes off

The Korea International Trade Association (KITA) and its exhibition operating unit, the Convention & Exhibition Center (COEX), will run Vietnam&...

Qualcomm chip shortage may squeeze global smartphone production

The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world.  ...

Naver picks underwriters for first global bond sale

Naver Corp., South Koreans’ largest online portal, has picked Morgan Stanley and Mirae Asset Daewoo Securities Co. to underwrite its first glo...

Qualcomm chip shortage may squeeze global smartphone production

The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world.  ...

Hyundai Heavy, Aramco form global hydrogen partnership

South Korea’s Hyundai Heavy Industries Holdings Co. and Saudi Aramco have agreed to launch a hydrogen partnership in a step toward building a ...

Samsung launches QLED TVs, aims to retain global leadership for 16th year

Samsung Electronics Co., the world’s largest TV maker, has launched new flashy flagship TV models, with which the tech giant aims to retain it...

Graphene Square aims global with mass production of 'wonder material'

Graphene is often called a “wonder material” because of the extraordinary properties that come from its nano-scale structure. It is an e...

SK Group to sell stake in petrochemical arm; seeks global partnership

South Korea’s third-largest conglomerate SK Group is eyeing a joint venture with a global petrochemical firm as part of the group’s stra...

Korean insurers may write down $1.1 bn in global alternatives

South Korea’s 36 insurance companies have invested a combined 70 trillion won ($63 billion) in overseas alternative investments as of the end ...

GEPS earmarks $135 mn for first global infra investment

South Korea's Government Employees Pension Service (GEPS) is planning to commit a combined 150 billion won ($135 million) to three global infrastr...

S.Korean internet-only bank seeks to raise $540 mn; attracts global PE firms

South Korea’s internet-only bank, K bank, is seeking to raise up to 600 billion won ($540 million) through a rights offering, attracting glo...

Natural disasters further tighten global chip supply

A severe cold snap in the US has taken another heavy toll on the global semiconductor industry, already reeling from tight supply exacerbated by a s...

Korea’s EV battery trio controls half of global market ex-China

South Korea’s LG Energy Solution Ltd. and two other major domestic electric vehicle battery makers have grown significantly, controlling more ...

Korea’s InfoPLUS sees growth potential in Vietnam’s fintech platform

Mirroring the other fast-growing economies in Southeast Asia, Vietnam is rapidly transitioning into a cashless society, with financial transactions ...

Korean game firms target global market with IP portfolio

The growth of South Korea's game industry this year is likely to be led by new titles created by cashing in on the intellectual property of popular ...