Korean tycoons head to US to support summit; Samsung likely to unveil fresh investment

Korean tycoons head to US to support summit; Samsung likely to unveil fresh investment

The heads of South Korea’s largest conglomerates are heading to the US to support a Seoul-Washington summit, with investors watching closely f...

South Korea’s president to visit US with 15 business leaders after Japan

South Korea’s president to visit US with 15 business leaders after Japan

South Korea’s President Lee Jae Myung will travel to Japan and the US starting on Aug. 23, accompanied by 15 business leaders from the country...

UK’s TeraView wins preliminary nod for South Korea listing

UK’s TeraView wins preliminary nod for South Korea listing

TeraView Ltd., a British developer of terahertz imaging inspection systems, has received preliminary approval to list in South Korea, moving a step ...

JPMorgan, Morgan Stanley to meet with Korean regulators, financial chiefs to assess Korea risks firsthand

JPMorgan, Morgan Stanley to meet with Korean regulators, financial chiefs to assess Korea risks firsthand

JPMorgan and Morgan Stanley executives, alongside dozens of overseas investors, will visit South Korea next month to meet with top policymakers and ...

S.Korean President Lee to meet KPop Demon Hunters director Maggie Kang, TWICE

S.Korean President Lee to meet KPop Demon Hunters director Maggie Kang, TWICE

South Korean President Lee Jae Myung will meet with Maggie Kang, director of the Netflix animated feature KPop Demon Hunters, along with K-pop girl ...

Bill Gates to court Korea’s business titans in Seoul for philanthropy push

Bill Gates to court Korea’s business titans in Seoul for philanthropy push

Bill Gates, billionaire philanthropist and Microsoft co-founder, is heading to Seoul this week to deepen partnerships with South Korea’s corpo...

SK Ecoplant set to sell waste and water treatment units to KKR in $1.2 billion deal

SK Ecoplant set to sell waste and water treatment units to KKR in $1.2 billion deal

SK Group is set to offload the waste management and water treatment arms of its construction affiliate, SK Ecoplant Co., to US private equity firm K...

LG expands appliance subscription service to Singapore

LG expands appliance subscription service to Singapore

LG Electronics Inc. has introduced a subscription service in Singapore for home appliances ranging from water purifiers to air conditioners, refrige...

KT reports record operating profit on robust AI business in Q2

KT reports record operating profit on robust AI business in Q2

South Korea’s major mobile carrier KT Corp., which has picked artificial intelligence as its next growth engine, posted record-high quarterly ...

Posco Future M ships 1st cathodes made with domestic precursors to Ultium Cells

Posco Future M ships 1st cathodes made with domestic precursors to Ultium Cells

POSCO Future M Co., South Korea’s leading battery materials maker, has begun shipping cathode materials entirely produced with domestically so...

LG Chem sells dermal filler business to VIG Partners for $144 mn

LG Chem sells dermal filler business to VIG Partners for $144 mn

South Korea’s leading chemical company LG Chem Ltd. has agreed to sell its dermal filler business to the country’s major buyout fund VIG...

Mirae Asset Securities’ Q2 profit soars as global ETF business thrives

Mirae Asset Securities’ Q2 profit soars as global ETF business thrives

Mirae Asset Securities Co. on Thursday reported an 83.1% jump in second-quarter operating profit to 540 billion won ($390 million) from the year pri...

Seoul downtown office glut fears overblown: Savills Korea CEO

Seoul downtown office glut fears overblown: Savills Korea CEO

The prime office market in core business districts in Seoul is expected to remain strong, said Savills Korea chief, citing limited new supply and th...

AMCHAM, ECCK warn S.Korea’s labor bill hinders investment

AMCHAM, ECCK warn S.Korea’s labor bill hinders investment

Major foreign business associations in South Korea have warned that a proposed labor law revision in the country could increase legal exposure for m...

Bain Capital set to acquire HS Hyosung Advanced Materials' tire cord business

Bain Capital set to acquire HS Hyosung Advanced Materials' tire cord business

US private investment firm Bain Capital is poised to acquire HS Hyosung Advanced Materials Corp.'s tire steel cord business in a deal estimated...

President Lee meets with Samsung chief amid stalled US-Korea trade talks

President Lee meets with Samsung chief amid stalled US-Korea trade talks

South Korean President Lee Jae-Myung met with Samsung Electronics Co. Chairman Lee Jae-yong on Thursday amid growing speculation that Seoul may leve...

Pebblestone, Pacific, Hanwha Asset, Hyundai Investments shortlisted for NPS’ $360 mn property fund mandate

Pebblestone, Pacific, Hanwha Asset, Hyundai Investments shortlisted for NPS’ $360 mn property fund mandate

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has shortlist...

President Lee meets Hyundai, LG chiefs, promotes ‘one team’ approach

President Lee meets Hyundai, LG chiefs, promotes ‘one team’ approach

South Korean President Lee Jae-myung held back-to-back meetings with the chairmen of Hyundai Motor Group and LG Group this week to discuss global tr...

S.Korea’s most prominent business leader returns with all charges cleared

S.Korea’s most prominent business leader returns with all charges cleared

After nearly a decade spent fighting allegations of corporate wrongdoing, Samsung Electronics Co. Chairman Lee Jae-yong has been acquitted on all ch...

Vietnam’s top leader to make 1st South Korea visit in 11 years

Vietnam’s top leader to make 1st South Korea visit in 11 years

To Lam, general secretary of Vietnam’s Communist Party and the country’s de facto ruling leader, is expected to make a state visit to So...

Cohen & Steers names Andrew Shin to lead S.Korea institutional business

Cohen & Steers names Andrew Shin to lead S.Korea institutional business

US-based investment firm Cohen & Steers Inc. has appointed Andrew Shin, a 20-year veteran of the institutional investment market, as vice presid...

Samsung’s Q2 operating profit halves amid sluggish chip sales

Samsung’s Q2 operating profit halves amid sluggish chip sales

Samsung Electronics Co.'s operating profit in the second quarter missed market expectations, with a 56% on-year fall, as its mainstay semiconductor ...

LG Group executives to meet with Honda CEO to explore partnership

LG Group executives to meet with Honda CEO to explore partnership

LG Group is accelerating its efforts to build a partnership with Honda Motor Co. as South Korea's fourth-largest conglomerate beefs up its automotiv...

S.Korea to have 1st civilian defense minister in decades, career technocrats

S.Korea to have 1st civilian defense minister in decades, career technocrats

South Korean President Lee Jae-myung on Monday announced a sweeping Cabinet reshuffle, naming a mix of career technocrats, senior lawmakers and &mda...

Loss-making Lotte Chemical to sell water treatment unit to Synopex

Loss-making Lotte Chemical to sell water treatment unit to Synopex

Lotte Chemical Corp., South Korea’s second-largest petrochemical company grappling with mounting losses amid a prolonged industry downturn, wi...

S.Korea’s Lee, Japan’s Ishiba agree to deepen ties, resume shuttle diplomacy

S.Korea’s Lee, Japan’s Ishiba agree to deepen ties, resume shuttle diplomacy

KANANASKIS, Canada – South Korea’s newly elected President Lee Jae-myung held his first summit with Japanese Prime Minister Shigeru Ishi...

US-South Korea talks scrapped after Trump's early G7 exit

US-South Korea talks scrapped after Trump's early G7 exit

A planned meeting between South Korean President Lee Jae-myung and US President Donald Trump was canceled on Monday after Trump unexpectedly left ...

LG Chem closes $1 bn water filter division sale to Glenwood PE

LG Chem closes $1 bn water filter division sale to Glenwood PE

LG Chem Ltd. said on Friday it has finalized the sale of its water filter business to Seoul-based Glenwood Private Equity for 1.4 trillion won ($1 b...

President Lee: Businesses at center of policy priorities for economic growth

President Lee: Businesses at center of policy priorities for economic growth

South Korean President Lee Jae-myung on Friday pledged strong government support for the country’s businesses, while emphasizing the need for ...

IFEZ to apply for designation of southern Ganghwa as free economic zone

IFEZ to apply for designation of southern Ganghwa as free economic zone

The Incheon Free Economic Zone (IFEZ) Authority is set to submit its application by the end of June to designate the southern end of Ganghwa Island ...

S.Korea’s US exports tumble in August as tariff shocks set in Tesla fuels 55% surge in Korea’s online car sales, lifting e-commerce Car sharing: appealing option among Korean MZers as young drivers shun ownership Shinhan Financial bets on stablecoins, AI in digital overhaul   S.Korean firms rush to retire treasury shares before law reform