corporate U-turn

Kurly Inc., an operator of South Korea's online grocery delivery service Market Kurly, has raised 250 billion won ($212 million) in pre-IPO funding ...

Hyundai Motor Co.’s IONIQ 7, its new all-electric sport utility vehicle to be launched in 2024, will be equipped with the home appliances of L...

South Korea’s non-fungible token (NFT)-based open source gaming platform Planetarium, under Nine Corp. Inc., is slated to attract around 50 ...

Korean venture capital firms are ramping up their investments in Korean American-owned startups in the United States, mostly in Silicon Valley.The aim...

South Korea's top three retail groups -- Lotte, Shinsegae and GS -- are struggling with increased losses in the Southeast Asian market, once believe...

South Korea’s major food company Pulmuone. Co. is slated to expand sales of its in-house developed meat alternatives in the US market. The foo...

The National Pension Service (NPS) of South Korea said on Nov. 9 it has selected the venture capital firms that will entrust the pension fund&rsqu...

The head of real estate investment at Korea Investment Corporation (KIC) has resigned from the South Korean sovereign wealth fund. Cha Hoon, appoint...

South Korea's National Pension Service (NPS) plans to keep increasing private equity investment for mid- to-long term asset allocation, Choe Hyung D...

Korean Teachers’ Credit Union (KTCU) will seek out general partners (GPs) that have expertise in corporate workouts, add-on investments and a ...

When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...

Hyundai Mobis Co., an auto parts unit of Hyundai Motor Group, has developed technology to allow wheels to turn by 90 degrees, aiding in sharper vehi...

A consortium led by electric bus maker Edison Motors Co. has been named the preferred buyer of South Korea’s troubled sport utility vehicle ma...

When Cheil Industries, a former chemical unit of South Korea’s largest conglomerate Samsung Group, decided to hive off a business unit that ma...

South Korean shipbuilders, brimming with heavy order backlogs, are turning their focus to high-value and eco-friendly vessels for new orders as the ...

South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...

Hyundai Engineering Co., Hyundai Motor Group’s construction arm, started the process for an initial public offering (IPO) expected in the firs...

South Korea’s SKC Co. plans to expand its electric vehicle battery materials business in a move to fivefold its corporate value to 30 trillion...

South Korea’s LG Electronics Inc. said on Thursday it is turning its main home appliance plant into a smart factory, which improves productivi...

South Korea’s online content platform KidariStudio Inc. will likely attract 50 billion won ($43 million) from China’s ByteDance Ltd., th...

SK E&S Co., the natural gas business unit of SK Group, aims to turn into an eco-friendly company with an enterprise value of 35 trillion won ($3...

SILICON VALLEY -- In a digital world where data theft is growing rapidly, hackers who turn their lives around to help in the fight against cybercrim...

Leading private equity firms, including Bain Capital, KKR & Co. and MBK Partners, appeared to have turned to an exit mode in South Korea this ye...

SK Inc., the investment and holding company of SK Group, will absorb SK Materials Co., the group’s industrial gas manufacturing affiliate, in ...

South Korean unicorn startups are soaking up talent from global investment banks (IBs) and brokerage houses. Junior and senior financial market spec...

South Korean conglomerates have been reaching out to D.CAMP, the country's largest non-profit foundation for startups, to get in touch with domestic...

Shares of E-Mart Inc., South Korea’s largest retailer, are rallying after the company bought an extra stake in Starbucks Korea to control two-...

SK Hynix Inc., the world’s second-largest memory chipmaker, on Tuesday posted its highest quarterly profit and sales in nearly three years on ...

South Korean companies with low credit ratings around BBB are suffering weaker demand in the primary market. A spread in the Delta coronavirus varia...

KT Corp., a South Korea's telecom company, is set to raise $300 million in a dollar corporate bond at the lowest interest rate for its foreign curre...