FNC Entertainment next in line for global success, shares surge

FNC Entertainment next in line for global success, shares surge

Shares of FNC Entertainment Co., a mid-size South Korean entertainment agency, are surging on expectations that offline concerts will soon resume wi...

POSCO International seeks to buy Australian gas producer Senex

POSCO International seeks to buy Australian gas producer Senex

POSCO International Co. is seeking to acquire Australian coal seam gas producer Senex Energy Ltd., as the trading unit of South Korean steelmaker PO...

CJ ENM in exclusive talks to acquire SM Entertainment

CJ ENM in exclusive talks to acquire SM Entertainment

South Korea's entertainment powerhouse CJ ENM Co. is in exclusive talks to acquire a 19.37% stake in SM Entertainment Co., the country's first-gener...

Kumho Asiana assures 30-year profits to Gate Gourmet in catering deal

Kumho Asiana assures 30-year profits to Gate Gourmet in catering deal

Kumho Asiana Group’s management assured net profits for 30 years to Gate Gourmet when the South Korean conglomerate signed a deal for Asiana A...

S.Korea sees tenfold rise in hydrogen fuel use by 2030

S.Korea sees tenfold rise in hydrogen fuel use by 2030

South Korea will sharply increase the adoption of hydrogen as a fuel of transportation, industrial plants and power generators to become the world's...

LS Cable wins $168 mn submarine cable deal from Taiwan

 LS Cable wins $168 mn submarine cable deal from Taiwan

LS Cable & System Ltd., South Korea’s top wire and cable producer, won a $168 million submarine cable supply deal from Taiwan, reinforcing...

SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day

SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day

SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...

POSCO breaks ground on $101 million battery recycling plant

POSCO breaks ground on $101 million battery recycling plant

South Korea’s top steelmaker POSCO on Thursday broke ground on its 120 billion won ($101 million) plant to extract nickel, lithium and cobalt,...

K-pop fan engagement platform DearU begins process for Nov IPO

K-pop fan engagement platform DearU begins process for Nov IPO

How much will you pay to chat with your favorite K-pop groups such as TWICE every day? A South Korean startup generated 20 billion won ($16.9 millio...

Samsung to install 51,000 air purifiers to help Australians return to school

Samsung to install 51,000 air purifiers to help Australians return to school

Samsung Electronics Co. will help the students in the Australian state of Victoria in making safe returns to the classroom in a post-COVID environme...

BTS heads to LA for first live concert since COVID-19

BTS heads to LA for first live concert since COVID-19

BTS will travel to Los Angeles in November for its first live concert since the outbreak of the COVID-19 pandemic. BTS said on Sept. 28 on its offic...

S.Korean content shares surge with global success of Squid Game

S.Korean content shares surge with global success of Squid Game

South Korea’s major content production houses have made a big comeback in the local stock market on Sept. 27 after a period of downhill over t...

Meritz Alternative to invest in Washington DC building

Meritz Alternative to invest in Washington DC building

South Korea’s Meritz Alternative Investment Management Co. is set to invest in an office building in Washington DC.Meritz formed a 200 billion...

Korea’s top cryptocurrency exchange operator becomes decacorn

Korea’s top cryptocurrency exchange operator becomes decacorn

Dunamu Inc., the operator of South Korea’s top cryptocurrency exchange Upbit, became a decacorn, a company valued at over $10 billion.Dunamu h...

LS-Nikko to boost profit by 4-6% with smart factory

LS-Nikko to boost profit by 4-6% with smart factory

LS-Nikko Copper Inc., the world’s second-largest electrolytic copper maker, is beginning to reap the rewards of its smart factory project bega...

Korean shipbuilders await improved earnings as LNG carrier price hit all-time high

Korean shipbuilders await improved earnings as LNG carrier price hit all-time high

South Korean shipbuilders, which have secured almost 97% of the orders placed for liquefied natural gas (LNG) carriers this year, expect to see thei...

Korea’s Halla to enter EV battery materials business

Korea’s Halla to enter EV battery materials business

South Korea’s auto parts supplier Halla Holdings Corp. is making inroads into the electric vehicle battery materials business.Halla said on Se...

Korean EV startup makes highest bid for Ssangyong Motor

Korean EV startup makes highest bid for Ssangyong Motor

South Korea's electric vehicle and battery startup EL B&T has offered the highest price of around 500 billion won ($430 million) for debt-laden ...

Industrial Bank of Korea to sell $500 mn bond at lower cost

Industrial Bank of Korea to sell $500 mn bond at lower cost

Industrial Bank of Korea (IBK) is slated to raise $500 million in dollar corporate bond at a lower-than-planned cost on strong demand.IBK decided to...

LS-Nikko to boost profit by 4-6% with smart factory

LS-Nikko to boost profit by 4-6% with smart factory

LS-Nikko Copper Inc., the world’s second-largest electrolytic copper maker, is beginning to reap the rewards of its smart factory project bega...

SK E&S acquires US energy firm KCE, to invest $600 mn for expansion

SK E&S acquires US energy firm KCE, to invest $600 mn for expansion

SK E&S Co., the natural gas business unit of SK Group, has acquired Key Capture Energy LLC (KCE), a US operator of energy storage projects, as t...

Korea’s Genome & Company aims US CMO market

Korea’s Genome & Company aims US CMO market

South Korea’s microbiome medicine developer Genome & Company geared up for entering the U.S. market to boost profits and make inroads into...

LG set to fund OLED plant expansion with over $400 mn in new bonds

LG set to fund OLED plant expansion with over $400 mn in new bonds

LG Display Co. will likely raise around 500 billion ($430 million) in new bond issues, more than its planned 300 billion won, to finance the expansi...

Hyundai Glovis inks gas shipping deal with Trafigura

Hyundai Glovis inks gas shipping deal with Trafigura

South Korea’s Hyundai Glovis Co. has inked a deal with global commodities trader Trafigura to transport gas and ammonia as part of its longer-...

KOGAS, Hanwha-led group to build Vietnam LNG power plant

KOGAS, Hanwha-led group to build Vietnam LNG power plant

Korea Gas Corp. (KOGAS) and Hanwha Energy Corp.-led group was set to build a $4.8 billion liquefied natural gas (LNG) power plant in Vietnam that is...

Samsung Elec unveils world’s 1st 200-megapixel mobile image sensor

Samsung Elec unveils world’s 1st 200-megapixel mobile image sensor

Samsung Electronics Co. has become the first company to launch a 200-megapixel mobile image sensor, giving the world’s No. 2 image sensor make...

Korea’s bio startup Voronoi inks $324 million deal with Brickell Biotech

Korea’s bio startup Voronoi inks $324 million deal with Brickell Biotech

Voronoi Inc., a South Korean biotechnology startup, has clinched a $324 million deal to grant Brickell Biotech, a US clinical-stage pharmaceutical f...

Sumitomo Chemical to build $90 million photoresist plant in S.Korea

Sumitomo Chemical to build $90 million photoresist plant in S.Korea

Japan’s major chemical company Sumitomo Chemical Co. will invest more than 10 billion yen ($91 million) in South Korea to manufacture photores...

LG delays decision on battery unit IPO to Q4

LG delays decision on battery unit IPO to Q4

LG Chem Ltd.’s battery unit LG Energy Solution Ltd. will not be listed on Kospi within the third quarter. Investors are keeping close eyes on ...

Global automakers' new battle field: small EVs

Global automakers' new battle field: small EVs

Global automakers stop producing smaller cars among internal combustion engine models. The industry is facing difficulties to make profits from thos...

Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold IMM Credit closes $700 mn blind credit fund backed by NPS Bok chief warns household debt near tipping point, keeps rates steady Cohen & Steers names Andrew Shin to lead S.Korea institutional business