NCSOFT invests $15 million in blockchain company Mysten Labs

NCSOFT Corp., which announced early this year plans to install non-fungible token (NFT) technology in the global version of its online role-playing ...

Microsoft CEO Nadella to speak at developers' forum in Seoul

Microsoft Korea said on Tuesday that it will host Microsoft Ignite Spotlight on Korea, an annual conference for developers and IT professionals, on ...

Korean life insurer eases bond market woes with buyback

A South Korean small insurer will buy back dollar perpetual bonds as scheduled, reversing its earlier decision not to recall the notes, to ease conc...

Korea's kimchi maker Daesang to build factory in Europe

South Korea's Daesang Corp. plans to build a kimchi factory in Poland as an outpost for entering the European market, where Korean food is hotter th...

Aekyung Chemical develops 1st domestically made refrigeration lubricant

Korea's Aekyung Chemical, an affiliate of Aekyung Group, along with GS Caltex, has made the nation's first localized refrigeration lubricant in line...

Samsung to only use Qualcomm’s AP for Galaxy S23 series

Samsung Electronics Co. is poised to release the Galaxy S23 series smartphones in mid-February, those familiar with the development told The Korea E...

Samsung Biologics in CDO deal talks with global pharma firm

FRANKFURT – Samsung Biologics Co., the world’s largest contract drugmaker, is in talks to develop medicines for a global pharmaceutical ...

Samsung, LG gear up for launch of 8K gaming monitors

Samsung Electronics Co. and LG Electronics Inc., South Korea’s two largest TV makers, are bracing for the impending arrival of a next-generati...

Samsung fast-forwards digital transformation of its chip business

South Korea's Samsung Electronics Co., the world’s largest memory chipmaker, is accelerating its digital shift to better respond to the changi...

S.Korea's LS Cable to become KT Submarine's largest shareholder

South Korea’s leading cable manufacturer LS Cable & System Ltd. is poised to become the largest shareholder of undersea cable construction...

Kakao's Q3 profit drops 12% on games, data center construction

South Korea’s mobile platform giant Kakao Corp. announced its third-quarter earnings on Nov. 3, including quarterly operating profit of 150.3 ...

[ASK 2022] Unlocking Value in European Mid-Market Infrastructure

Infracapital invests in, builds and manages a diverse range of essential infrastructure to meet the changing needs of society and support long-te...

SK On may secure money for capex from parent company

SK On Co., the world’s fifth-largest electric battery maker, may receive money for capacity expansion from its parent company SK Innovation Co...

Korea's premium pet food market sees rapid growth

Korea's pet food market is getting more sophisticated, with brands appearing whose products are even more expensive than food for humans despite hav...

We’re in a ‘range of fairness’ in terms of normal balances: Howard Marks

When Oaktree Capital Management Co-Founder and Co-Chairman Howard Marks appears on TV, he is often asked whether to embrace a risk-on or risk-off st...

Korea's KB Securities to earn market's 1st quadruple crown

In a first for a Korean brokerage, KB Securities has led all major performance categories this year and could achieve the domestic sector's first "q...

Market Kurly drops Market from platform name to expand business scope

South Korea’s Kurly Inc. has changed the name of its grocery delivery service platform Market Kurly to Kurly as part of its corporate strategy...

Small Korean life insurer further rattles bond market

A South Korean small insurer has made a rare decision not to buy back dollar perpetual bonds, in the first such case for the country’s issuers...

S.Korea prepares to launch $7.6 bn stock market stabilization fund

South Korea last week completed the process needed to launch a stock market stabilization fund of 10.76 trillion won ($7.6 billion). The timing for ...

Korea should open retail electricity market for renewables

South Korea on Oct. 26 officially launched the carbon neutrality commission based on laws for green growth, which took effect last March, amid the g...

H Robotics enters the UAE market with rehabilitation robot Rebless

South Korean startup H Robotics will enter the Middle East with the rehabilitation robot Rebless, an FDA-registered robotic therapy device for both ...

Game publisher Com2uS buys $47 mn worth of SM Entertainment shares

South Korean mobile and online game developer and publisher Com2uS Corp. acquired a whopping 67 billion won ($47 million) worth of SM Entertainment ...

HD Hyundai’s machinery units post profits despite slump in China

HD Hyundai Co., the holding company of South Korea’s Hyundai Heavy Industries Group, saw its two construction equipment affiliates post strong...

NPS increases exposure to secondaries, direct lending

South Korea’s National Pension Service (NPS) will expand investments via secondaries and direct lending, its Head of Strategic Alternative Inv...

Rising interest rates reshuffle Korean market cap list

Rising interest rates amid a slowing global economy rattled South Korean companies’ market capitalization rankings, bumping online players suc...

Coupang launches ultra-fast Rocket Delivery service in Taiwan

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, said on Wednesday it has launched its ultra-fast delivery service in...

Korean banks log record profits on rising interest rates

South Korea’s major financial groups enjoyed record quarterly earnings as higher policy interest rates increased lending rates, powering the p...

SK Hynix eyes DDR5 dominance with industry’s fastest chip modules

SK Hynix Inc., the world’s second-largest memory chipmaker, is aiming to secure market dominance for a next-generation DRAM chip called DDR5 b...

Robust consumer spending in South Korea despite economic downturn

A buyer who works for the men's fashion division of a South Korean department store had trouble sleeping ahead of the fall sale that ran from Sept. ...

CJ ENM’s TVing looks beyond Korea with Yonder, other K-drama series

South Korean entertainment powerhouse CJ ENM Co.’s over-the-top streaming platform TVing is taking its original sci-fi drama series Beyond the...