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...

PEFs knocking on door of Korean IPO market for profitable divestment

PEFs knocking on door of Korean IPO market for profitable divestment

South Korean and overseas private equity firms are knocking on the door of the initial public offering market for profitable divestments, riding the...

Samsung to jump into laptop processor market with Exynos chip in H2

Samsung to jump into laptop processor market with Exynos chip in H2

With the global laptop computer market growing rapidly in the pandemic-caused work-and-learn from home era, Samsung Electronics Co. is working on a ...

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...

Samsung sharpens DRAM marketing prowess vs Micron

Samsung sharpens DRAM marketing prowess vs Micron

During Samsung Electronics Co.'s first-quarter conference call with analysts on Apr. 26, UBS analyst Nicolas Gaudois asked about the South Korean ch...

Freelancer market platform Kmong raises near $28mn in Series C round

Freelancer market platform Kmong raises near $28mn in Series C round

South-Korea based freelancer market platform Kmong Inc. has successfully attracted 31.2 billion won ($27.8 million) in its latest Series C funding, ...

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...

Templeton to pull out of Korean retail fund market

Templeton to pull out of Korean retail fund market

Franklin Templeton Investments' South Korean arm is in talks with a domestic asset management company to sell its retail operations, following Black...

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-made small SUVs reach 50% share in US market

Korean-made small SUVs reach 50% share in US market

Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...

Korean-made small SUVs reach 50% share in US market

Korean-made small SUVs reach 50% share in US market

Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...

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...

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...

Samsung unveils mid-band 5G equipment to target $9.9 bn US market

Samsung unveils mid-band 5G equipment to target $9.9 bn US market

Samsung Electronics Co. has unveiled a range of fifth-generation wireless equipment solutions targeting the US mobile service market, expected to ac...

Narrower price gap to LCD underpins OLED TV market

Narrower price gap to LCD underpins OLED TV market

A rapid increase in liquid crystal display (LCD) panel prices has sharply narrowed the price gap between LCD panels and organic light-emitting diode...

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 ...

Citibank Korea's retail arm sale may fuel M&A market

Citibank Korea's retail arm sale may fuel M&A market

Citigroup Inc.'s plan to exit from South Korea's retail banking market may invigorate the country's M&A market, with small-sized, non-banking fi...

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...

Coupang to start first overseas operation in Singapore

Coupang to start first overseas operation in Singapore

South Korea’s e-commerce giant Coupang Corp. is moving forward with its global expansion plans by entering the Singapore market. The New York ...

Foreigners return to Korean market; Kosdaq at near 21-year high

Foreigners return to Korean market; Kosdaq at near 21-year high

Foreign investors, the dominant players on the Korean bourse, are returning as buyers of Samsung Electronics Co. and other blue chips, keeping the m...

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...

BlackRock sheds $620 mn Korean retail fund business

BlackRock sheds $620 mn Korean retail fund business

BlackRock Inc., the world’s largest asset manager, has sold its retail business in South Korea to a small domestic investment firm to concentr...

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...

Korean value stocks outshine growth names in flat market

Korean value stocks outshine growth names in flat market

Over the past three months, domestic value stock funds in South Korea saw net outflows of 921.4 billion won ($814 million), with the benchmark Kospi...

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...

Market jitters grow over Korean battery shares after VW’s decision

Market jitters grow over Korean battery shares after VW’s decision

Market jitters over South Korea’s battery makers are growing after Volkswagen AG’s announcement on Monday that it will make batteries in...

K-content goes culture: KPop Demon Hunters sparks K-goods craze POSCO supplies HIC-resistant steel for Aramco’s Fadhili gas plant Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker