LG Chem invests $75 million in Piedmont Lithium, signs supply deal
LG Chem Ltd., South Korea’s largest chemicals maker, said on Friday it is acquiring a 6% stake in Piedmont Lithium Inc., a US mining company, ...
SK Biopharm holds sales meeting for marketing Cenobamate in US
On Wednesday, SK Biopharmaceuticals Co. announced that its US subsidiary, SK Life Sciences Inc., held a "National Sales Meeting" in San Diego. The p...
S.Korean listed companies' cancelled shares reach $8.6 bn over past 3 years
South Korea's listed companies have cancelled 11 trillion won ($8.6 billion) worth of shares over the past three years.The Korea Exchange said on Su...
Korea’s Hyundai Dept. Store drops holding company plan
South Korea’s major retailer Hyundai Department Store Group Co. gave up a plan to split off its core high-end shopping mall affiliate and conv...
KT under pressure for transparency, fairness to pick new CEO, again
South Korea’s leading telecommunications company KT Corp. will pick a new chief executive after it came under fire over its CEO select...
Medytox to sell off 2.2 mn shares of Daewoong's American partner Evolus
Medytox Inc. said in a regulatory filing on Wednesday that it is selling off approximately 2.19 million shares of Evolus, Daewoong Pharmaceutical's ...
K-pop pioneer SM engulfed in management dispute
Kakao Corp., South Korea’s mobile platform giant and operator of the country’s top messenger app Kakao Talk, is set to become the second...
Hyundai Rotem releases data on eco-friendly railway businesses
Hyundai Rotem, the railway system subsidiary of Hyundai Motor Group, announced on Monday it has published information about its sales and research a...
South Korean companies rattled by activist shareholders
South Korea’s major companies are under attack by activist shareholders, who are exerting ever-increasing clout over critical corporate decisi...
MBK, Unison to expand Osstem Implant's target reach beyond China
South Korean private equity firm Unison Capital Korea is set to focus on boosting the corporate value of Osstem Implant Co., once the PE manager and...
SK Geo Centric receives int'l recognition for eco-friendly polymers
SK Geo Centric Co., South Korea's chemical firm, has received the globally recognized "GRS" certification for its eco-friendly polymers, the company...
KT Submarine to buy cable laying barge from key shareholder
South Korea’s undersea cable company KT Submarine Co. plans to buy a cable laying barge from LS Cable & System Ltd., its major shareholder...
K-pop label SM taps activist investor as board member
K-pop behemoth SM Entertainment Co. said on Jan. 20 it has decided to tap Lee Chang-hwan, the CEO of local activist fund Align Partners Capital Mana...
Activist fund nominates director candidates for KT&G
A Singapore-based activist fund has stepped up pressure on the world’s fifth-largest tobacco maker KT&G Corp. to reform governance and boo...
Kolon, Hyosung to give up control over nylon material maker Capro
South Korea’s Hyosung Group and its longtime rival Kolon Group in the fiber, textile and petrochemical businesses are poised to give up their ...
SK Hynix creates Master title, highest position among field hands
SK Hynix Inc. said on Monday that it has newly established a "master" position, which is the highest level among field workers who repair and mainta...
K-pop label SM to increase number of outside directors
South Korea’s SM Entertainment Co. will increase the number of outside directors and ban its chief executive from chairing the board as part o...
Major startup event Slush to hold spin-off meeting in Korea
Slush, one of the world’s largest startup events, is set to hold a spin-off meeting in South Korea this year.Slush is a startup and tech event...
Anda pushes for right to copy KT&G shareholder list
South Korea's Anda Asset Management Co. said on Tuesday it applied for an injunction Jan. 9 to view and copy the shareholders’ list of KT&...
Kakao Pay likely to be included in MSCI index next month
South Korean mobile payment services firm Kakao Pay Corp. will be newly incorporated into the MSCI index next month, inducing an influx of more than...
Global VCs urge S.Korea to train lawyers on int'l contracts
Brad McManus, investment director of the Silicon Valley-based venture capital (VC) fund Applied Ventures LLC, said his company will discuss investme...
LG Elec, Magna expand partnership into self-driving tech
LAS VEGAS – LG Electronics Inc., the world’s top home appliance producer, expanded its partnership with Canadian car parts maker Magna I...
Korean banks must increase total shareholder returns: Align Partners
South Korean private equity firm Align Partners Capital Management Inc. is set to lead shareholder activism against the country’s top financia...
GS Retail to introduce forex kiosks in convenience stores
South Korea's convenience store franchiser GS Retail said on Monday that it would introduce foreign currency exchange kiosks at its convenience st...
Korea plans to raise tax breaks for chipmakers, key industries
The South Korean government plans to revise a recently passed bill aimed at supporting the country’s semiconductor sector and other key indust...
KT taps current CEO Ku as sole candidate for next chief
South Korea’s telecom giant KT Corp. has named current chief executive Ku Hyeon-mo the sole candidate for its next CEO during a board meeting ...
Korean biotechs target US labs to speed up regulatory approval for tests
South Korean molecular diagnostics companies are increasingly buying high-quality laboratories in the US that meet federal regulatory standards in a...
NPS will intensify shareholder engagement, new CIO says
Seo Won-joo, the new chief investment officer of the National Pension Service (NPS) of South Korea, said on Dec. 27 that the pension fund will stren...
Standard Chartered's director attributes ESG success to board-led decisions
When it comes to the banking sector's environmental, social, and governance (ESG) efforts, an industry veteran says the success depends on the chief...
SFA to acquire 28% stake in CIS to lead renewable battery equipment sector
South Korea’s general equipment manufacturer SFA Engineering Corp. is poised to acquire CIS Corp., a renewable battery production equipment ma...
