S.Korean VCs go global for breakthrough

South Korean venture capitalists are actively discovering attractive investment assets overseas to find a breakthrough amid a prolonged local VC dro...

Blackstone names Koramco preferred bidder for $553 mn landmark

Blackstone Inc. has tapped South Korea’s Koramco REITs Management and Trust Co. as the preferred bidder for prime office building Arc Place, t...

Taeyoung to sell cash cow to shore up ailing construction arm

South Korea’s medium-sized business group Taeyoung Group said on Wednesday it is near to selling its cash cow logistics unit to shore up its f...

Late Samsung chairman Lee's New Management back in spotlight

As the leader of Samsung Group for three decades, the late group Chairman Lee Kun-hee brought fundamental changes to the conglomerate under his &ldq...

HD Hyundai, Siemens to jointly build smart shipyard

South Korean HD Hyundai Co. and Siemens, a Germany-based global smart engineering company, will jointly develop a data platform for building a smart...

SK Telecom launches cloud cost management platform

South Korea's SK Telecom Co. on Wednesday announced the launch of Cloud Radar 2.0, its next-generation cloud management platform that leverages arti...

Brookfield puts Conrad Seoul on market at over $370 mn

Brookfield Asset Management is seeking to sell off five-star hotel Conrad Seoul at more than 500 billion won ($369.5 million), tapping real estate i...

Korea's Harim to divest of Hanjin KAL shares to fund HMM acquisition

South Korea’s poultry processing company Harim Group is set to sell off all its Hanjin KAL Co. shares its affiliate owns to secure capital for...

SK to invest in S.Korean company for bio jet fuel materials

SK Group, South Korea’s energy-to-semiconductor conglomerate, is set to invest in a local renewable energy ingredient provider for stable proc...

Korea delays ESG reporting rules for firms to 2026 or later

South Korea will postpone implementation of environmental, social and governance (ESG) disclosure rules for the country’s listed firms from 20...

POSCO FutureM cuts carbon by recycling waste refractories

South Korea's battery materials maker POSCO Future M Co. announced on Monday its achievement in reducing significant carbon footprints by fully re...

KIC heavily relies on foreigners for alternative investments

Korea Investment Corporation (KIC) entrusted most of its money for investments in alternative assets such as real estate and private equity to forei...

KHNP closes in on Romania’s nuclear plant refurbishment project

Korea Hydro and Nuclear Power Co. (KHNP) is eyeing to participate in a project to refurbish Romania-based Cernavoda Nuclear Power Plant’s unit...

Mirae Asset puts HI Investment headquarters on the market

South Korea’s Mirae Asset Global Investments Co. is seeking to sell off HI Investment & Securities Co. headquarters, the value of which is...

Lotte Ventures hosts L-Camp in Tokyo for promising Korean startups

 TOKYO – Lotte Ventures Corp., the corporate venture capital (CVC) business unit of South Korea’s Lotte Group, on Thursday hosted L...

Mirae Asset Securities puts its Yeouido building on the market

Mirae Asset Securities Co. is seeking to sell off its Seoul-based office building, the value of which is estimated at around 300 billion won ($223.7...

Seoul to launch AI chatbot service for foreign visitors' tour planning

Seoul city government is in talks with tech firms including Google LLC, Microsoft Corp. and Naver Corp. to provide foreigners with artificial intell...

Samsung beats Apple, Google to earn title as world’s best employer

Samsung Electronics Co. has retained the world’s best employer title this year for the fourth consecutive year, according to US business magaz...

HD KSOE to invest $48 mn in European fuel cell company

HD Korea Shipbuilding & Offshore Engineering (KSOE) announced on Wednesday that it plans to invest 45 million euros ($47.7 million) in the Europ...

Hyundai Capital to acquire Indonesian financial firm

South Korea's Hyundai Capital announced on Wednesday it will acquire the Indonesian finance firm PT Paramitra Multifinance to enter the local market...

Lotte Wellfood ups Choco Pie India sales target to $60 mn with new factory

Lotte Wellfood Co., formerly Lotte Confectionery Co., has revised up this year’s Choco Pie sales forecast in India to 80 billion won ($60 mill...

S.Korea’s petrochemical, steel firms open online shopping malls

South Korea’s petrochemical and steel companies, which mainly engage in business-to-business transactions, are opening or running a string o...

NPS fills basket with China reopening, cosmetics shares; tech firms sold

South Korea’s National Pension Service (NPS) sold electronics, information technology and content-related shares in the third quarter, and fil...

SK Networks completes acquisition of en-core

South Korean trading firm SK Networks Co. announced on Friday that it has completed the acquisition process of en-core, a leading data solutions and...

Ildong Pharma to spin off R&D subsidiary in Nov

South Korea’s Ildong Pharmaceutical Co. will spin off its research and development (R&D) unit into the subsidiary Yunovia from Nov. 1.&nbs...

SK C&C invests in US startup Glassdome

South Korea's SK C&C announced on Thursday that it has made a new investment in Glassdome, a US carbon emission management solution startup.&nbs...

Samsung Engineering partners with global firms for CCUS

South Korea's Samsung Engineering is ramping up its strategies in the carbon capture, utilization, and storage (CCUS) arena by securing partnerships...

Pulmuone, BlueNalu team up for cell-cultured seafood

South Korean food company Pulmuone revealed plans on Thursday to boost its strategic partnership with US-based seafood startup BlueNalu, focusing on...

S.Korea's ModaModa partners with Poland's MBF Group

South Korean haircare brand ModaModa has partnered with Poland's MBF Group S.A. for distribution, signifying its entry into the expanding European b...

Korea’s SKC to invest up to $70 mn in US smart glass firm Halio

SKC Ltd., a South Korean chemicals maker, is set to invest as much as $70 million in Halio Inc., a US smart glass technology company, to expand the ...