Samsung sued by ex-patent chief over IP infringement

A former vice president of Samsung Electronics Co., who led the South Korean tech giant's seven-year patent fight with Apple Inc., has sued his ex-e...

Kospi short sales hit $639 mn amid rate hike woes

Short selling on the Korean stock market is soaring rapidly on concerns over the US Fed Reserve’s interest rate hike. Particularly, a large ...

Carlyle buys $510 mn stake in Hyundai Glovis

US private equity juggernaut The Carlyle Group Inc. has bought a 10% stake in Hyundai Glovis Co., worth approximately 611 billion won ($510 million)...

Self-driving car stocks to lead auto sector shares in 2022

Self-driving car-related shares failed to draw attention last year as investors focused on electric vehicles and the autonomous vehicle value chain ...

CJ Group promotes chairman’s son, signals 3rd-generation succession

South Korea's CJ Group promoted the group chairman's son Lee Sun-ho to a new executive-level position Monday, paving the way for a third-generatio...

Korea’s IPO market renews record highs

South Korea’s initial public offering market continues to rewrite history this year. More than 20 million people have participated in the...

Hyundai revs up shares in Korean EV parts makers

South Korea's electric vehicle components market is heating up as top automaker Hyundai Motor Group accelerates its transformation into an EV manu...

IGIS pre-purchases Amazon, FedEx warehouses

IGIS Asset Management Co., South Korea’s largest real estate asset manager, has made a forward funding deal of three logistics centers under...

Unicorns like Socar and Kurly to dominate Q2 IPOs

Korea’s first mobility unicorn Socar and an online grocery delivery service operator Kurly Inc. are scheduled to begin the process of an IPO e...

Nexen Tire invests in US urban air mobility startup ANRA Technologies

Nexen Tire Corp., Korea’s third-largest tire maker, has made an undisclosed amount of equity investment in ANRA Technologies, a US urban air m...

Money moves back to safe assets in Korea amid rising interest rates

With stock and cryptocurrency fevers subsiding amid a monetary tightening bias, South Koreans are moving their money back to safe assets, as banks s...

Hyundai Motor overhauls management in biggest-ever generational revamp

Hyundai Motor Group, South Korea’s second-largest conglomerate, on Friday replaced its mid-tier executives in its largest personnel reshuffle ...

Korean core companies’ stocks underperform global peers

The world sought new opportunities in 2021, recovering from the shock of the COVID-19 pandemic. Global major companies have been in cutthroat compet...

Cybersecurity stocks market darlings on rise of metaverse

Just a couple of years ago, the prevalent market view on the cybersecurity industry was that it would go downhill rather than prosper as public orga...

Samsung’s mid-tier executive reshuffle: More female and foreign faces

Samsung Electronics Co. on Thursday carried out its year-end reshuffle of mid-tier executives, marked by the highest number of promotions for female...

Foreigners buy Kospi futures to raise bullish bets on Korea stocks

Foreigners bought Kospi 200 futures contracts on “quadruple witching day," the quarterly simultaneous expiration of South Korean options and f...

China’s CSI, KRX to launch co-developed stock indices

China Securities Index Co. (CSI) and the Korea Exchange (KRX) are set to unveil three stock indices jointly developed for the first time on Dec. 20,...

Simulation training developer Naviworks eyes 2022 IPO

Naviworks Co., a South Korean developer of virtual reality-based military training software, looks set to join a growing pool of metaverse-themed st...

BNK and KTB jointly buy UBS tower in New Jersey for $219 mn

South Korea’s BNK Asset Management Co. acquired UBS Financial Services tower in New Jersey for $219 million from US real estate developer Hart...

Will Samsung stocks repeat December glory?

Over the past decade, Samsung Electronics Co. ’s stocks have usually enjoyed a year-end rally every December on increasing dividends and hopes...

Korea’s reopening stocks jump on easing Omicron woes

South Korea’s reopening stocks surged on Dec. 3 as US President Joe Biden’s plans to curb the Omicron variant of COVID-19 exclude lockdo...

Hyundai named Top Gear’s carmaker of the year; i20 N car of the year

Hyundai Motor Co. has been named the 2021 manufacturer of the year by BBC Top Gear, a prestigious British auto magazine, in recognition of the South...

Behind the scenes of CJ's $775 mn Endeavor Content purchase

CJ ENM Co., the producer of the Oscar-winning "Parasite", was the only South Korean company among a few entertainment powerhouses and investment fir...

Korea stocks see $2 bn inflow, stoking hopes for a foreigner comeback

Foreign investors have absorbed $2 billion in South Korean stock markets so far in November, spurring hopes of a foreign comeback, although doubts r...

Korea copper foil makers on bull run amid demand hopes

South Korean stocks related to secondary batteries, especially shares in cathode and anode materials producers, have rallied on strong growth in the...

Koreans log $5.7 bn loss in Q3 from overseas stock investments

South Korean investors suffered a $5.7 billion loss in the third quarter from overseas stock investments on weak foreign shares. Individual investor...

EQT doubles down on sustainability and digitalization to fuel returns

With higher energy prices, creeping inflation and strained supply chains just a few of the headwinds to future economic growth, investors may find i...

KTCU values working-level opinions for alternative investment

“The South Korean stock markets have barely risen since early this year, while the markets in Japan and Taiwan are hitting highs. I believe Ko...

Korean apparel retailer F&F returns as market darling after relisting

South Korean outdoor clothing retailer F&F Co. has returned as one of the most coveted stocks on the main bourse, with its share price nearly tr...

MBK's Lee listed among Forbes' power Asia businesswomen

MBK Partners' first female partner Lee In-kyung has made it to the list of Forbes Asia's 20 power businesswomen published in its November issue. For...