Bundang Doosan Tower up for sale; Doosan Group holds right of first refusal

Bundang Doosan Tower, a landmark office building in the Seoul metropolitan area, is up for sale as its owner, Koramco REITs Management & Trust C...

PwC Korea named to lead $360 mn sale of K Shipbuilding; preferred buyer likely by year-end

K Shipbuilding Co., once a rising star in South Korea’s shipbuilding industry under the STX Group, is returning to the auction block – t...

GEPS taps former KB Asset chief risk officer as new CIO

South Korea’s Government Employees Pension Service (GEPS) on Wednesday appointed Sohn Young-jin, former head of risk management at KB Asset Ma...

Bill Clinton in Seoul to meet with MBK's ByungJu Kim, business leaders

Michael ByungJu Kim, co-founder, partner and chairman of Seoul-based private equity firm MBK Partners Ltd., is set to meet with former US President ...

Former FSC chief Shin Je-yoon likely to be tapped as Samsung board chair

Shin Je-yoon, former chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), will likely assume the role o...

Former LG man leaves KKR to start PEF

Lim Hyoung-seok, former Vice President of KKR Korea, left the private equity giant’s Seoul office and established his private equity fund (PEF...

GIC drops Seoul landmark building sale on Korea’s political woes

Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, dropped the sale of a landmark building in Seoul due to t...

Samsung SDS to build AI-focused data center at Samsung Electronics’ plant

Samsung SDS Co., the information technology service unit of South Korea’s Samsung Group, plans to build an artificial intelligence data center...

BlackRock names Lee Yoon Pyo as head of S.Korea business

BlackRock, the world's best-known asset manager, has appointed Lee Yoon Pyo as managing director and head of its South Korea operations, effective f...

Former ADOR CEO Min unfollows NewJeans' SNS

Min Hee-jin, the former CEO of ADOR, HYBE Co. 's label behind the K-pop girl group NewJeans, announced her resignation as the label's internal direc...

LS Group’s US magnet wire unit to go public with $1.4 bn value

The US magnet wire unit of South Korea’s leading electric power, materials and energy conglomerate LS Group is seeking an initial public offer...

S.Korean livestreaming platform SOOP eyes global market

AfreecaTV, South Korea’s first-generation interactive livestreaming service with a nearly two-decade history, has started a new chapter under ...

Management dispute brewing at leggings brand Xexymix operator Brand X?

A leadership change in Brand X Corp., the operator of South Korea’s top leggings brand Xexymix, is spawning speculation that a management cont...

HYBE shares fall after NewJeans demand Min's reinstatement

HYBE Co. has suffered a fall of its share price for two consecutive days after its popular girl group NewJeans demanded their former creative direct...

OpenResearch gets $7.5 mn seed round

OpenResearch, an AI search service founded by former Kakao Brain CEO Kim Il-Doo, said on Thursday that it got a seed round 10 billion won ($7.5 mill...

HD Hyundai establishes foundation for shipyard accident victims

South Korea's HD Hyundai Co. established the HD Hyundai Hope Foundation (tentative name) to support the families of victims of major industrial acci...

Sovereign wealth fund KIC shortlists three CEO candidates

South Korean sovereign wealth fund Korea Investment Corporation (KIC) has shortlisted three candidates as the next chief executive officer, who will...

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...

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...

Catering firm Ourhome taps founding family’s eldest daughter as CEO

The eldest daughter of catering service provider Ourhome Ltd.’s founding family, Koo Mi-hyun, was on Tuesday appointed chief executive of the ...

Korea’s LS Group to operate brokerage firm LS Securities

South Korean cable-to-energy giant LS Group said on Monday that it has renamed brokerage subsidiary eBest Investment & Securities to LS Securiti...

Korean catering firm Ourhome again engulfed in sibling feud

South Korea’s catering service provider Ourhome Ltd. faced another sibling dispute as its Chief Executive and Vice Chairwoman Koo Ji-eun faile...

NPS' former key players move to law firms as its voting power increases

South Korea’s National Pension Service (NPS) is seeing more and more of its former senior managers moving to top-tier domestic law firms. Ther...

Kia taps ex-BMW, Mercedes-Benz designers for China, Europe

Kia Corp., South Korea’s No. 2 automaker, has appointed former designers of German luxury carmakers BMW AG and Mercedes-Benz AG as chiefs of i...

SK Ecoplant opens US recycling plant for data center servers

SK Ecoplant Co., a South Korean construction engineering and waste management firm, said on Thursday it launched a recycling plant for data cen...

ISS backs Kumho Petrochem in family feud-triggered proxy war

Proxy advisory firm International Shareholder Services (ISS) has expressed its support for all of Kumho Petrochemical Co.'s proposals up for vote ...

Tmax Group to draw more than $572 mn to buy back Tmaxsoft

South Korea's leading software company Tmax Group is set to draw at least 750 billion won ($572.3 million) and a maximum of 1 trillion won from Seou...

Trump confidant Arkansas Gov. Sanders in Seoul for trade talks

Sarah Elizabeth Huckabee Sanders, Arkansas governor and long-time confidant of former US President Donald Trump, has shown firm support for her form...

Mom’s Touch to open first store in Japan

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Monday that it will open its first directly managed store Shibuya...

Former Hyundai Mobis CEO embarks on ISO president term

In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean president of the Inte...