Baemin founder strikes out for new trophy platform
Kim Bong-jin, a former chairman and CEO of Woowa Brothers Corp., operator of South Korea’s No. 1 food delivery app Baedal Minjok — Baemi...
Samsung SmartThings gets global certification for information security
Samsung Electronics Co. announced on Friday that its global connected living platform SmartThings received the ISO/IEC 27001:2022 certification for ...
Hanyang Securities stake draws bids without sale manager
Hanyang Securities Co. has received preliminary bids from four to five South Korean companies or consortia for its 11.3% stake after its controlling...
Spear Korea to acquire AI medical firm Life Semantics
South Korea's aerospace materials company Spear Korea will acquire artificial intelligence (AI) medical firm Life Semantics Co. Life Semantics ...
Qoo10’s Korean units delay seller payments amid expansions
Southeast Asia-based e-commerce platform Qoo10 Pte.’s units in South Korea delayed seller payments as industry sources said the online shoppin...
Naver launches Saudi digital twin project for smart cities
South Korean internet giant Naver Corp. and the Saudi Arabian government have started a five-year project to build digital twin platforms for Riyadh...
KB Kookmin Bank adds Indonesian to banking platform
South Korea's KB Kookmin Bank said on Monday it launched Indonesian language services on its mobile banking platform KB Starbanking to expand its ...
Samsung Elec calls for C-Lab Outside applications
Samsung Electronics Co. announced on Monday that it will enlist startups to participate in its external startup incubation program C-Lab Outside unt...
Goldman Sachs taps ex-Morgan Stanley MD as Korea co-head
Goldman Sachs Group Inc. said on Monday that it has appointed Ahn Jae-hoon, former managing director at Morgan Stanley & Co. LLC as country co-h...
LG Innotek to foster car communication parts business with digital key
South Korea’s LG Innotek Co. aims to accelerate growth in the global auto communication parts market with a new digital car key as its parent ...
Net zero, digitalization to boost private infrastructure investment
Infrastructure debt is a growing asset class with much to offer investors, with a wide range of assets and characteristics available. AllianzGI mana...
Shinhan Securities, Stockeeper to cooperate on STO
South Korea's Shinhan Securities announced on Friday that it signed a memorandum of understanding (MOU) with Stockeeper on Thursday to promote a sec...
NH Investment selected as UN GCF manager
South Korea's NH Investment & Securities announced on Thursday that it was selected as the first Asian securities firm to manage the Climate Tec...
Samsung Asset publishes brokerage ISA guidebook
South Korea's Samsung Asset Management announced on Thursday that it newly published the KODEX Brokerage ISA Investment Guidebook for individual inv...
Korean cosmetics makers see record Q2 profits led by exports
South Korean cosmetics original development and design manufacturers (ODMs) such as Cosmax Inc., Kolmar Korea Co. and Cosmecca Korea Co. are estimat...
A North Korean Diplomat Managed a Rare Defection: A Flight Out of Cuba
SEOUL—A North Korean diplomat posted in Cuba defected to South Korea with his family late last year, officials said this week, a rare esc...
BofA eyes its 1st Korean IPO management with K Bank deal
Bank of America Corp. (BofA) is quickly expanding its presence in the South Korean initial public offering market, where J.P. Morgan and Citigroup G...
Korea’s Lotte Card sees 1st profit in Vietnam since launch
Lotte Card Co., South Korea’s No. 5 credit card issuer, is enjoying its first monthly profit in Vietnam after offering various financial produ...
Korean stocks linked to a Trump victory soar after shooting
Investors in the South Korean stock market rushed to stocks seen as connected to former US President Donald Trump on Monday, such as construction, n...
NPS commits $723 mn to MBK, 3 other managers for Korean PEs
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has hired four investment firms – MBK Partne...
Hanyang Securities up for sale; in talks with KCGI, Woori
Hanyang Securities Co., a small South Korean brokerage firm, has been put on the market as its parent Hanyang University Foundation scrambles to kee...
Samsung Elec invests in US bio startup Element Biosciences
Samsung Electronics Co., the world’s top memory chipmaker, said on Friday it has invested in US biotech startup Element Biosciences Inc. to ex...
Samsung to invest $52 mn in US biotech VC Flagship Pioneering
Samsung C&T Corp., its bio units Samsung Biologics Co. and Samsung Bioepis Co. and Samsung Venture Investment Corp. have committed a combined 72...
S.Korea's RaonSecure establishes metaverse subsidiary
South Korean cybersecurity firm RaonSecure Co. announced Wednesday it established RaonMeta, a generative AI-based metaverse platform subsidiary. Rao...
LG Energy Solution acquires anti-bribery certification
South Korea's LG Energy Solution Ltd. announced on Thursday that it achieved ISO 37001 certification, an international standard for anti-bribery man...
SK Securities becomes lead IPO manager for 1st time since 2018
SK Securities Co., formerly a unit of South Korea’s No. 2 conglomerate SK Group, is expanding its presence in the domestic equity capital mark...
PharmaResearch acquires TuringBio for digital therapeutics
PharmaResearch Co., a South Korean company specializing in regenerative medicine, announced on Wednesday that it acquired TuringBio, an AI-based dig...
Coupang opens Rocket Growth seller website
Coupang Inc., South Korea’s largest e-commerce platform, announced on Tuesday that it opened a dedicated website for sellers (sell.coupang.com...
Hyundai Motor unveils SUV digital ad series
Hyundai Motor Co. announced on Monday that it will sequentially release the digital advertisement series Hyundai SUV (sports utility vehicles) Origi...
SK Innovation gets MSCI ESG's leader rating
South Korean oil refiner SK Innovation Co. secured an AA rating in the environmental, social, and governance (ESG) assessment by Morgan Stanley Capi...
