Yanolja, HanaTour team up to take lead in travel market
South Korea’s No. 1 accommodation booking platform Yanolja has joined forces with the country's leading travel agency HanaTour Service Inc. to...
SK, Plug Power launch JV to grab Asia’s hydrogen fuel cell market
SK Group’s city gas supplier SK E&S Co. said on Oct. 6 that it has officially kicked off the joint venture (JV) with the American hydrogen...
S.Korea shows rare unease against US request for Samsung data
The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...
JR Global REIT to complete $300 mn stake purchase of NY building
South Korea's JR Global REIT Co. will acquire a 49.9% stake in an office building in New York for 385.5 billion won ($323 million) by the end of thi...
InBody to expand into household, blood pressure monitoring markets
South Korea’s InBody Co., the global market leader of body composition analyzer devices, will be making a strategic turn to focus on the fast-...
Food triggers next phase of global K-culture craze
The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...
Korea's first-generation platforms collapse, ringing in new e-commerce era
South Korea's first-generation e-commerce platforms, which have been around since the 1990s, are rushing to sell off their businesses as their valua...
Kospi lowest in nearly 7 months; outlook dim on inflation, US debt standoff
South Korea's main stock index has fallen below the psychologically important 3,000 points for the first time in nearly seven months, with investors...
Hanjin Heavy wins $270 mn container ship order, first deal in 6 years
Hanjin Heavy Industries & Construction Co. said on Tuesday it has won a $270 million deal to build four 5,500 TEU container ships for a European...
Korea Inc emerges as big buyer in global M&A market
South Korean companies are emerging as big buyers in the global mergers and acquisitions (M&A) markets. They are actively looking for future gro...
Private equity exits tipped to lead S.Korea's Q4 M&A market
South Korea's M&A market, which has enjoyed record levels of activity so far this year, is expected to remain buoyant for the remainder of the y...
China power crisis, US tightening chill sentiment on Korea IT sector
Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...
POSCO to lead global forum on next-generation steelmaking technology
POSCO will host an international forum next month with the world’s major steel and mining companies to develop greener steelmaking processes b...
KIC advised to invest in Europe's residential market
Europe's residential real estate market has stronger growth potential than the US housing facilities, given the growing preference among millennials...
Netflix brings $4.7 bn economic impact to Korean industries: Deloitte
Netflix Inc. has contributed to a socio-economic impact worth 5.6 trillion won ($4.7 billion) across various South Korean industries through the joi...
BTS heads to LA for first live concert since COVID-19
BTS will travel to Los Angeles in November for its first live concert since the outbreak of the COVID-19 pandemic. BTS said on Sept. 28 on its offic...
StockX enters Korea's resale market, poses threat to domestic platforms
The rapid growth of the resale scene in South Korea has driven the world’s No. 1 resale platform, StockX, to venture into the country, signali...
S.Korean content shares surge with global success of Squid Game
South Korea’s major content production houses have made a big comeback in the local stock market on Sept. 27 after a period of downhill over t...
Digital stationery marketplace Webudding charms MZers
Stationery products such as planners, calendars and notepads have long been essential everyday items for busy people. And the stationery market has ...
Hanwha moves forward in challenging Hu-Chems in nitric acid market
Hanwha Corp. is pushing forward with its plan to challenge Hu-Chems Co. in the industrial nitric acid sector as its attempt to acquire the chemical ...
Korean military fund targets medium-risk global assets
The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...
S.Korean battery materials makers see stock prices surge
Shares of South Korean eco-friendly battery materials manufacturers have been soaring in September, with high expectations on big revenue jumps th...
SKC to raise corporate value to $25 bn with battery materials
South Korea’s SKC Co. plans to expand its electric vehicle battery materials business in a move to fivefold its corporate value to 30 trillion...
Carbon neutrality reshapes global commodity markets
Global moves for carbon neutrality are reshaping commodity markets around the world. Iron ore prices have tumbled, while steel scrap prices have soa...
Market boom drives more S.Koreans to become angel investors
Angel investing has become widely prevalent among South Koreans. The practice of providing capital for new and small business ventures, which were t...
Cosmetics startup Birdview readies for 2022 listing
South Korea-based Birdview, the operator of leading cosmetics platform Hwahae, is aiming to make a trading debut as early as the first half of nex...
CJ enters 5-year marketing partnership with LA Lakers
South Korea’s CJ Cheiljedang Corp. will be sponsoring the Los Angeles Lakers (LA Lakers) as the first global partner of the American basketbal...
Hyundai considers EV version of Santa Cruz pickup in US market
Hyundai Motor Co. plans to roll out an electric version of the Santa Cruz pickup, the South Korea automaker’s first model for the American mar...
KGC creates Ginseng Museum Cafe in New York
Korea Ginseng Corporation (KGC), a wholly-owned subsidiary of KT&G Corporation, has set up its first interactive cafe in the global market where...
KB Fin, Shinhan invest in Sweden's wind farm via joint fund
South Korea's two banking giants -- KB Financial Group and Shinhan Financial Group -- have invested a combined 80 billion won ($68 million) in a win...
