Korea's NPS CIO talks with GPIF, GIC execs on asset allocation

South Korea’s National Pension Service (NPS) Chief Investment Officer Seo Won-joo has visited Japan and Singapore on his first overseas busine...

SK puts shares in Goldman-backed Korea Superfreeze on market

SK Group has put its shares in Korea Superfreeze Inc., a cold chain logistics company jointly owned by EMP Belstar and Goldman Sachs, on the market,...

LG Innotek eyes $1.4 bn in automotive sensor sales by 2030

LG Innotek Co., South Korea’s leading mobile camera module maker, is upping the ante to lead the automotive sensing market with high-performan...

Lotte Home Shopping to enter health functional food market

South Korea's Lotte Home Shopping announced on Monday that it plans to establish a joint venture, The Edition Health, with H.Pio, a specialized heal...

KT to make AI, media-focused reshuffle in July

KT Corp., South Korea’s largest telecom service provider, is slated for an organizational reshuffle next month to reinforce its business-to-bu...

Korea FX authorities, NPS raise currency swap limit to $50 bn

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, said on Friday it has agreed with foreign exchange...

MSCI keeps Korea on emerging market list on short-selling ban

MSCI Inc. maintained South Korean stocks in its emerging market list as the government kept its blanket short-selling ban, denting the country&rsquo...

Hanwha acquires $100 million Philly Shipyard for US market debut

South Korean chemicals-to-defense conglomerate Hanwha has signed a $100 million deal to acquire a 100% stake in Philly Shipyard Inc., becoming the f...

Shein cracks Korea's ultra-low-cost online fashion market

Shein, a Chinese fast fashion online retailer, announced on Thursday its official debut in South Korea with the launch of its Korea-dedicated platfo...

Dentlink, virtual lab for dentists around the world

It's been just over two years since Innovaid Co. launched Dentlink but the South Korean startup has already pivoted from its earlier local market-ce...

LG Uplus to enter renewable energy market through power brokerage

LG Uplus Corp., South Korea's third-largest mobile carrier, announced on Thursday that it will enter the renewable energy supply business through po...

Value in the middle market: Smaller size means greater potential

Middle market direct lending can mean different things to different lenders and investors. Many, if not most, would agree that companies with over $...

Spaceflight venture Innospace eyes July Kosdaq IPO

South Korean spaceflight startup Innospace, which fired the country’s first private launch vehicle last year, aims to list on the Kosdaq in Ju...

Frozen kimbap market emerges as new K-food battlefield

South Korean fishery processing and seafood major Sajo Daerim Corp. has forayed into the frozen kimbap market, becoming a new big player in the coun...

KGC enters Malaysian healty functional food market

Korea Ginseng Corp. (KGC), wholly owned by South Korean tobacco giant KT&G Corp., announced on June 13 that it sells its red ginseng brand Jung ...

Hyundai E&C, KAERI partner to commercialize next-gen reactors

Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Wednesday that it signed a public-private partnership agreement for the so...

Carlyle, Keppel, Gaw Capital, IMM vying for Ecorbit

Carlyle Group, Temasek-backed Keppel Corp., Gaw Capital Partners, and a consortium of IMM Investment and IMM Private Equity have been selected as fi...

France's Archimed seeks to delist aesthetic laser maker Jeisys

French private equity firm Archimed SAS, managing around €7 billion ($7.5 billion) in assets as of end-May, plans to secure a controlling stake...

HD Hyundai’s ascent driven by visionary spinoff push

Many cast doubts on HD Hyundai Group’s decision to separate its ship maintenance, repair and overhaul (MRO) service in 2016. The move, however...

Korea's short-selling ban impedes MSCI index upgrade

South Korea is expected to retain its MSCI’s emerging market status as the global index provider said in its June 6 report that the country&rs...

Hanwha Ocean gets approval for LCO2 carrier from ABS

South Korea's Hanwha Ocean Co. said on Thursday it received Approval in Principle (AIP) from classification society ABS for a 40,000 cubic meter liq...

LG-Kakao EV charger JV LG Uplus VoltUp sets sail

LG Uplus Corp., South Korea’s third-largest mobile carrier, and the country’s largest taxi-hailing platform Kakao Mobility Corp. officia...

Daesang to scale up meal kits, kimchi production in Vietnam

Daesang Corp., South Korea’s leading food maker, said on Monday its two Vietnamese operations have each completed their second plant in the co...

South Korea finds massive crude oil, gas prospects in East Sea: Yoon

South Korea, which heavily relies on imports for its energy use, has found a potentially massive reserve of oil and gas offshore close to its southe...

Naver's online comics unit eyes Nasdaq listing in June

South Korea’s online portal giant Naver Corp. is planning to list its Los Angeles-based affiliate Webtoon Entertainment Inc. on the Nasdaq thi...

Lotte Chilsung Krush beer enters Mongolian market

South Korea's Lotte Chilsung Beverage announced on Friday that its beer brand Krush entered the Mongolian market. The company sponsored Davaida...

Korean shopping mecca Dongdaemun Market's vacancy rates soar

Store vacancy rates in South Korea’s largest shopping mecca Dongdaemun Market have soared to as high as 86%, with Chinese e-commerce platfor...

SK Hynix works on next-generation HBM chip supply plans for 2025

South Korea’s SK Hynix Inc. said on Thursday it is working on next year’s supply plans for its high-bandwidth memory (HBM) chips as clie...

Nvidia beats Tesla to emerge as top foreign stock held by Koreans

Nvidia Corp., the global top artificial intelligence chip leader, overtook Tesla Inc., the world’s second-largest electric vehicle maker, to b...

Lotte's sugar-free soju Saero to enter European market

South Korea's Lotte Chilsung Beverage Co. is poised to introduce its zero-sugar soju Saero to the European market next month, aiming to expand its g...