LG Chem develops eco-friendly flame-retardant material

South Korea's LG Chem Ltd. developed an eco-friendly, flame-retardant material.The company announced on Monday that its per- and polyfluoroalkyl sub...

Samsung SDS gains AI management system certification

Samsung SDS Co. announced on Thursday that it has become the first company in South Korea's IT service industry to receive the ISO/IEC 42001 certifi...

Macquarie buys its 1st Korean data center for $538 mn

Macquarie Korea Infrastructure Fund (MKIF) has signed an agreement to buy a 40-megawatt (MW) data center from Seoul-based IGIS Asset Management Co. ...

Korea Investment manages Vista Land $50 mn global bond issuance

Korea Investment & Securities Co. announced on Thursday that its Hong Kong subsidiary KIS Asia managed the issuance of $50 million in global bon...

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...

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...

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...

Hyundai Mobis unveils airbags for purpose-built vehicles

Hyundai Mobis Co., the world’s sixth-largest auto parts maker, on Thursday unveiled the industry’s first airbags for purpose-built vehic...

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...

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...

Lotte Innovate releases autonomous security robot Dooroo Eye

South Korea's Lotte Innovate will unveil its autonomous security robot, Dooroo Eye, at the upcoming Autonomous Driving Mobility EXPO 2024, the com...

POSCO E&C, KAERI to collaborate on HTGR techs

South Korea's POSCO E&C said on Monday that it signed a memorandum of understanding (MOU) with the Korea Atomic Energy Research Institute (KAERI...

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...

Hanwha Ocean to cut CO2 emissions from ships with smart lighting

Hanwha Ocean Co., South Korea's third-largest shipbuilder, said on Friday it has won an approval in-principle (AIP) certificate from Korean Register...

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...

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...

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...

AI plagiarism detection startup Muhayu eyes IPO in 2026

South Korean artificial intelligence (AI) startup Muhayu hired Mirae Asset Securities as the lead manager for its initial public offering (IPO) targ...

NPS to cut global stocks under GP management, up its direct control

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is set to slash its overseas stocks under global i...

South Korean brokerages woo super-rich to make them even richer

South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, have largely built their wealth through hard work, savings and ...

Kyobo Life CEO’s ethical management earns global recognition

Kyobo Life Insurance Co.'s Chairman Shin Chang-jae is internationally recognized for setting the global standard for ethical management after two de...

LG Elec launches CLOi robot subscription service

LG Electronics Inc. announced on Monday that it launched its Robot as a Service (RaaS) with CLOi robots starting this month.Business-to-business (B2...

Korea’s military fund taps ex-president of Woori Financial as CIO

South Korea’s Military Mutual Aid Association (MMAA), which managed 10.4 trillion won ($7.5 billion) in assets as of the end of 2023, has tapp...

Eugene PE, KDB PE to acquire Boryung Biopharma for $231 million

A consortium of Eugene Private Equity and Korea Development Bank Private Equity will acquire 80% of South Korean vaccine maker Boryung Biopharma Co....

Woori Financial, Natixis to manage global private equity fund

South Korea's Woori Bank and Woori PE Asset Management announced on Thursday that they have signed a "strategic business agreement for creating a ...