Chat fiction app operator eyes global expansion, webtoon market

Chat fiction app operator eyes global expansion, webtoon market

As smartphones have become essential to everyday life, chat fiction -- storytelling in the form of fictional text messaging -- has become popular am...

Songs and art: Fractional investing bedazzles millennial investors

Songs and art: Fractional investing bedazzles millennial investors

Meet Mr. A, born in the '80s and a self-proclaimed "analog person" who enjoys collecting CDs and artbooks of his favorite painters. But recently, Mr...

Korean pension funds eye non-core global real estate

Korean pension funds eye non-core global real estate

South Korea's Government Employees Pension Service (GEPS), Public Officials Benefit Association (POBA) and Military Mutual Aid Association (MMAA) ar...

Samsung to invest $151 bn in foundry by 2030, up 28.5% from initial plan

Samsung to invest $151 bn in foundry by 2030, up 28.5% from initial plan

Samsung Electronics Co. will invest 171 trillion won ($151 billion) by 2030 to take over the global foundry leadership from its archrival TSMC. The ...

S.Korea: 11th in global export market for top-ranked items

S.Korea: 11th in global export market for top-ranked items

South Korea ranks 11th in global export market shares with 69 top-ranked items -- reaching an all-time high In 2019, South Korean products ranked 1...

Korean investors in renewed push for global property deals

Korean investors in renewed push for global property deals

South Korea's IGIS Asset Management Co. and Hana Financial Investment Co. have acquired a 49% stake in the headquarters of the US mortgage lender Fa...

Korean pharmas may turn into global vaccine makers on Biden remarks

Korean pharmas may turn into global vaccine makers on Biden remarks

South Korea’s biosimilar and pharmaceutical companies are looking at a growing chance of emerging as a global hub for manufacturing vaccines f...

SK IE Tech IPO draws record-high demand; brokerage servers down briefly

SK IE Tech IPO draws record-high demand; brokerage servers down briefly

SK IE Technology Co. (SKIET), the battery materials subsidiary of SK Innovation Co., has set a new record for initial public offering demand, briefl...

Incheon Int'l Airport raises $300 mn in first global bond sale

Incheon Int'l Airport raises $300 mn in first global bond sale

South Korea's government-owned Incheon International Airport Corp. has raised $300 million in its first global bond sale to ease financial difficult...

Lotte Chem eyes global EOA leadership with capacity expansion

Lotte Chem eyes global EOA leadership with capacity expansion

Lotte Chemical Corp. plans to further expand the production line for ethylene oxide adduct (EOA), a specialty material used in the construction indu...

Korean govt pension to commit $105 mn to 3 global infra funds

Korean govt pension to commit $105 mn to 3 global infra funds

South Korea's Government Employees Pension Service (GEPS) will commit $105 million to three global infrastructure funds this year, targeting a net i...

Fashion platforms for MZers attract investors; valuations surge

Fashion platforms for MZers attract investors; valuations surge

Fashion e-commerce platforms that have become mainstream shopping venues for millennials and Generation Z, or MZers, are seeing their valuations sur...

Korea’s Netflix blockbuster Space Sweepers receives global viewership

Korea’s Netflix blockbuster Space Sweepers receives global viewership

Described as "South Korea's first space-set blockbuster," Netflix's film Space Sweepers is receiving considerable viewership globally, joining a gro...

SK E&S seeks global IB to raise up to $3 bn in 2021

SK E&S seeks global IB to raise up to $3 bn in 2021

SK E&S Co. will hire a global investment bank to launch the process of raising 2 trillion-3 trillion won ($2 billion-$3 billion) in new capital ...

Korean content shares soar as platforms eye overseas expansion

Korean content shares soar as platforms eye overseas expansion

Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...

Brokerage firms enjoy rising bets on global derivatives

Brokerage firms enjoy rising bets on global derivatives

South Korean brokerage houses enjoyed a bumper year in 2020 with a record fee income from global derivatives trading, driven by retail investors' ve...

Global infra boom revives S.Korea’s heavy equipment sector

Global infra boom revives S.Korea’s heavy equipment sector

South Korea’s heavy machinery manufacturers are making a strong start this year, reporting the highest first quarter revenue figures since 201...

Chinese investors enjoy bitcoin arbitrage gains on Kimchi Premium

Chinese investors enjoy bitcoin arbitrage gains on Kimchi Premium

Chinese investors trading in digital assets such as bitcoin are reaping decent arbitrage gains in South Korea as the so-called Kimchi Premium has re...

NHN joins race for top spot in global webtoon market

NHN joins race for top spot in global webtoon market

South Korean content platforms' appetite for webtoons remains strong as major players such as Naver Corp. and Kakao Corp. further ramp up their webt...

Samsung Heavy sets new global record with $2.5 bn order

Samsung Heavy sets new global record with $2.5 bn order

South Korea’s Samsung Heavy Industries has landed an order to build 20 very large container ships (VLCS) at 2.8 trillion won ($2.5 billion), t...

Korea's global real estate fund investors brace for losses

Korea's global real estate fund investors brace for losses

The combined balance of overseas real estate investment funds sold in South Korea saw a drop in their net asset value below the original value by 40...

Global law firms in Korea hunt for talent amid growing outbound M&As

Global law firms in Korea hunt for talent amid growing outbound M&As

Leading international law firms with offices in South Korea are gearing up for growing legal service demand from local companies in their push for m...

S.Korean mold makers target global leadership with record exports

S.Korean mold makers target global leadership with record exports

South Korea’s die and mold industry reported another year of export growth last year, fueled by record-high volume to North America, and maint...

Proxy advisers ISS, Glass Lewis urge LG shareholders to reject spin-off plan

Proxy advisers ISS, Glass Lewis urge LG shareholders to reject spin-off plan

Proxy advisers Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. have urged shareholders of LG Corp. to vote against the South...

SK Bioscience IPO draws record-high demand from retail investors

SK Bioscience IPO draws record-high demand from retail investors

South Korean vaccine maker SK Bioscience Co. has set a new record for initial public offering demand, raising around 63.6 trillion won ($56 billio...

Qualcomm chip shortage may squeeze global smartphone production

Qualcomm chip shortage may squeeze global smartphone production

The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world.  ...

Naver picks underwriters for first global bond sale

Naver picks underwriters for first global bond sale

Naver Corp., South Koreans’ largest online portal, has picked Morgan Stanley and Mirae Asset Daewoo Securities Co. to underwrite its first glo...

Qualcomm chip shortage may squeeze global smartphone production

Qualcomm chip shortage may squeeze global smartphone production

The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world.  ...

Hyundai Heavy, Aramco form global hydrogen partnership

Hyundai Heavy, Aramco form global hydrogen partnership

South Korea’s Hyundai Heavy Industries Holdings Co. and Saudi Aramco have agreed to launch a hydrogen partnership in a step toward building a ...

Samsung launches QLED TVs, aims to retain global leadership for 16th year

Samsung launches QLED TVs, aims to retain global leadership for 16th year

Samsung Electronics Co., the world’s largest TV maker, has launched new flashy flagship TV models, with which the tech giant aims to retain it...

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