Korea’s adult audio platform eyes Japan for global biz

Korea’s adult audio platform eyes Japan for global biz

South Korea’s adult audio content platform for women raised money to make inroads into Japan as a start of its global business.Sensual Moment ...

Lotte plans to expand bio capacity in Korea and US

Lotte plans to expand bio capacity in Korea and US

Lotte Group is preparing to kickstart its biopharmaceutical business as a contract development and manufacturing company (CDMO) by building a new pl...

Elon Musk’s mother Maye named Ceragem's global ambassador

Elon Musk’s mother Maye named Ceragem's global ambassador

Maye Musk, the mother of Tesla Inc. CEO Elon Musk, has been named the global ambassador for South Korea’s Ceragem Co., a manufacturer of therm...

Brokerages sit on $5.3 bn of global alternative assets to sell down

Brokerages sit on $5.3 bn of global alternative assets to sell down

Some major securities firms in South Korea are having difficulties with overseas alternative assets they have yet to sell down. The brokerage firm...

Korean bio firms flock to US as SV Invest eyes $100 million bio fund

Korean bio firms flock to US as SV Invest eyes $100 million bio fund

SV Investment, a South Korean venture capital and private equity firm, is looking to launch a $100 million bio fund in the US as a growing number of...

Korea's small webtoon platforms eye global adult markets

Korea's small webtoon platforms eye global adult markets

South Korea’s smaller webtoon platforms are targeting the world’s digital adult comics market, in which industry leaders Naver Corp. and...

Kakao to focus on interest-based platform for global market

Kakao to focus on interest-based platform for global market

South Korea’s online platform giant Kakao Corp. plans to shift its focus to an interest-based platform from its existing acquaintance-based me...

F&B giant SPC Group acquires Lina’s to ramp up global expansion

F&B giant SPC Group acquires Lina’s to ramp up global expansion

South Korea’s food and beverage conglomerate SPC Group announced Tuesday it has acquired French casual coffee chain Lina’s Déve...

Hyundai Heavy, Glovis to make world's largest liquefied CO2 carrier

Hyundai Heavy, Glovis to make world's largest liquefied CO2 carrier

South Korea’s shipbuilding giant Hyundai Heavy Industries Group and shipping company Hyundai Glovis Co. have joined forces to develop the worl...

Hyundai revs up car output amid signs of easing auto chip crunch

Hyundai revs up car output amid signs of easing auto chip crunch

As the global chip supply shortage shows signs of easing, South Korea’s top automaker Hyundai Motor Co. is working down its order backlog by...

[ASK 2022] Infrastructure benefits from inflation and population growth: Sera Global

[ASK 2022] Infrastructure benefits from inflation and population growth: Sera Global

 Infrastructure is stronger than ever amid the current macroeconomic risks, and investors will see greater opportunities in the ...

Dubai sovereign fund in talks with Global Sae-A to sell Ssangyong E&C

Dubai sovereign fund in talks with Global Sae-A to sell Ssangyong E&C

Dubai’s sovereign wealth fund is discussing the sale of Ssangyong Engineering & Construction Co. to a South Korean textile business group....

SKC to sell plastic film business to Hahn & Co. for $1.3 billion

SKC to sell plastic film business to Hahn & Co. for $1.3 billion

SKC Ltd., the chemical materials unit of South Korea’s SK Group, is selling its plastic film business to private equity firm Hahn & Co. fo...

Korea top capsule maker expands Vietnam plant in global push

Korea top capsule maker expands Vietnam plant in global push

South Korea’s top capsule and functional food maker is expanding its plant in Vietnam to raise its presence in the world market with the goal ...

GEPS taps Samsung Life's alternative investment head as CIO

GEPS taps Samsung Life's alternative investment head as CIO

Government Employees Pension Service (GEPS) of South Korea has named Baek Joo-hyun, former alternative investment head at Samsung Life Insurance Co....

Samsung in do-or-die race with $355 bn spending plan

Samsung in do-or-die race with $355 bn spending plan

"It's not a matter of numbers, but a matter of do or die for us."This is the first public remark from Samsung Electronics Co. Vice Chairman and de f...

SK takes aim at chips, batteries, bio with $195 billion investment

SK takes aim at chips, batteries, bio with $195 billion investment

SK Group, South Korea’s second-largest conglomerate after Samsung, on Thursday announced a plan to invest 247 trillion won ($195 billion) in k...

Venture capital heavyweights tighten belts after 13-year spending spree

Venture capital heavyweights tighten belts after 13-year spending spree

Venture capital firms at home and abroad are tightening their belts, following growing concerns over inflation and continued interest hikes by maj...

Bio, mobility to top Lotte's $30 bn spending list by 2026

Bio, mobility to top Lotte's $30 bn spending list by 2026

South Korea’s Lotte Group will spend a total of 37 trillion won ($29 billion) on its businesses over the next five years, a chunk of which wil...

Samsung further expands global TV market share in Q1

Samsung further expands global TV market share in Q1

Samsung Electronics Co. further expanded its market share in the global TV market in the first quarter of this year, while LG Electronics Inc. deliv...

Samsung to invest $355 billion in chip, biotech, 6G over five years

Samsung to invest $355 billion in chip, biotech, 6G over five years

South Korea’s top conglomerate Samsung has unveiled a plan to invest 450 trillion won ($355 billion) over the next five years in strategic sec...

Hanwha Systems joins hands with Italy's Leonardo for radar exports

Hanwha Systems joins hands with Italy's Leonardo for radar exports

South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...

Hyundai Marine sees huge potential in global data centers

Hyundai Marine sees huge potential in global data centers

Hyundai Marine & Fire Insurance Co. of South Korea is seeking investment opportunities for distressed and special situation strategies with a se...

Former NPS real estate chief named Allianz RE's Asia head

Former NPS real estate chief named Allianz RE's Asia head

Kim Hyun-soo, a former real estate investment head of South Korea's National Pension Service (NPS), has been named Asia head of Allianz Real Estate,...

Kakao to merge US webtoon, web novel platforms

Kakao to merge US webtoon, web novel platforms

South Korea’s Kakao Entertainment Co. is set to merge Tapas Media Inc. and Radish Fiction Inc., its webtoon and mobile novel platforms in Nort...

Volkswagen partner SoluM eyes top spot in global ESL market

Volkswagen partner SoluM eyes top spot in global ESL market

SoluM Co., a South Korean mid-sized electronic component maker, is eyeing record performance this year, thanks to orders from Volkswagen AG and Elon...

Global experts to discuss alternative investment at ASK 2022

Global experts to discuss alternative investment at ASK 2022

The Korea Economic Daily will host ASK 2022, or Alternative Investment Summit Korea 2022, at the Conrad Seoul hotel on May 18. More than 800 alterna...

Naver Webtoon to form JV with Japan’s TBS for original IP

Naver Webtoon to form JV with Japan’s TBS for original IP

Naver Webtoon Corp., the digital comics and novel platform of South Korea’s online portal giant Naver Corp., has agreed to set up a joint vent...

CJ ENM, Naver to launch drama studio joint venture in Japan

CJ ENM, Naver to launch drama studio joint venture in Japan

South Korean entertainment powerhouse CJ ENM Co. and online platform giant Naver Corp. are launching a drama production studio in Japan to tap into ...

SK Square taps NPS PE expert as global investment head

SK Square taps NPS PE expert as global investment head

South Korea’s investment firm SK Square Co. announced on Thursday that it has chosen Harvey Hakjin Bae, a former alternative investment expert...

BTS’ Jungkook, IU crowned most-loved K-pop artists Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs K Shipbuilding up for sale as Korean shipyards ride new boom Samsung to buy US health tech firm Xealth in digital health push