SK's biotech bets step closer to commercialization
Biotechnology startups in Europe, backed by South Korea's SK Inc., are speeding up their development of next-generation drug candidates by joining h...
Korea Post to hire two GPs for global infrastructure debt
Korea Post, South Korea's state-run postal service agency, said on April 14 that its insurance arm will select two asset managers for a maxi...
Auto shares bounce back with foreigners' net buying
South Korean auto shares are showing some signs of a rebound after a long downtrend since the second half of last year. Foreign investors have ret...
Kakao Entertainment sets up content ecosystem with M&As
Kakao Entertainment Corp., a unit of South Korea’s top mobile messenger app operator, has established its own content ecosystem including crea...
SK Telecom steps up metaverse push with Morph Interactive purchase
SK Telecom Co., South Korea’s top mobile carrier, has made an equity investment in Morph Interactive Co., a local three-dimensional graphics c...
High conviction in private credit for a global portfolio
It seems as though the list of risks to investors is rising. Supply chain imbalances, higher raw material costs, rising interest rates, labor shortage...
South Korean comics platforms dominate global top 10
Six manhwa platforms operated by South Korea’s tech juggernauts rank among the top 10 paid digital comics platforms worldwide. Manhwa is ...
Hanwha Solutions CEO meets with US blockchain VCs
President and co-CEO of Hanwha Solutions Corp. Kim Dong-kwan met with heads of major blockchain venture capital firms while visiting the United Stat...
Naver Webtoon to release three DC comics series from May
Naver Webtoon Ltd., the digital comics platform of South Korea’s online portal giant Naver Corp., is slated to intensify its partnership with ...
Korea Post to tap two GPs for global PE secondaries
Korea Post, South Korea's state-run postal service agency, said on April 6 its savings arm will choose two asset managers for two closed-end comming...
Hyundai Motor, Kia rank fifth in global electric vehicle sales
South Korea’s two largest automakers, Hyundai Motor Co. and Kia Corp., ranked fifth in terms of electric vehicle sales, which posted triple-di...
Mirae Asset Global REIT to raise $371 mn for US warehouses
Mirae Asset Global Real Estate Investment Trust Co., a South Korean listed REIT under Mirae Asset Global Investments Co., is set to raise around 450...
KTCU, CalSTRS to launch $505 mn JV for US warehouses
Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, and The California State Teachers' Retireme...
Kakao Piccoma acquires Japan’s cryptocurrency exchange SEBC
Kakao Corp., South Korea’s top mobile messenger app operator, has acquired a controlling stake in Sakura Exchange BitCoin (SEBC), a Japanese c...
Korea’s top adult webtoon platform targets global market
Topco, South Korea’s top adult webtoon platform operator, is targeting the global digital comic market with the goal to expand its business in...
Activist fund wins over K-pop pioneer at SM Entertainment annual meeting
South Korea’s entertainment behemoth SM Entertainment Co. is poised to have a new outside auditor – a measure expected to bring a much-a...
Kia set to break ground on purpose-built vehicle plant in 2023
Kia Corp., South Korea’s second-largest automaker, plans to break ground on the construction of its first purpose-built vehicle (PBV) plant ne...
Daesang’s first Korean kimchi plant in US up and running
South Korean food maker Daesang Corp. has completed the construction of a kimchi plant in the US, its first factory outside Asia, which the company ...
Rising global TV prices: A boon and risk for Samsung, LG
Global TV prices rose by a third last year and are expected to continue their uptrend this year, which could be a boon for the world’s two lar...
LG Household to lower reliance on Chinese market as shares slump
LG Household & Health Care Ltd. was one of the most coveted shares on the Korean bouse in the past couple of years as the company basked in the ...
LG Display reclaims global top spot in Q4 2021
South Korea’s LG Display Co. regained the top spot in the global display market for TVs in the fourth quarter of 2021, according to tech indus...
ETFs entice Korean investors amid volatile market
South Korean retail investors bought more exchange-traded funds (ETFs) than stocks on the country’s main Kospi in the last six months as the b...
Korea rises as test bed for global luxury brands
South Korea is becoming a test bed for global high-end brands such as Balenciaga, Valentino, IWC and Breitling. The world's top luxury brands, pre...
China's lockdown: Double effect to Korean tech stocks
The COVID-19 lockdown of Shenzhen, the city known as Silicon Valley of China, is increasing concerns over supply disruptions to South Korea’s ...
GEPS posts 19.4% return from alternative investment in 2021
Government Employees Pension Service (GEPS) of South Korea posted a 8.61% rate of return in 2021, the pension fund announced on March 15. It has ear...
Hyundai eyes LNG ship-to-floating storage unit conversion market
The ongoing war in Ukraine and tougher emission standards are creating a new market for shipbuilders: converting aged liquefied natural gas (LNG) ca...
Millennial woman takes reins as Naver CEO
South Korea's dominant online platform Naver Corp. on Monday entered a new chapter in its 22-year history under a new millennial leader, whose prior...
Global airlines raise flights to pre-COVID levels on border reopening
Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...
Hyundai’s auto exports to Russia cut by half in February, hit by war
Hyundai Motor Co.'s car exports to Russia have dwindled by nearly half in the latest indication that global automakers are feeling the pinch due to ...
Billionaire Kakao chairman Brian Kim resigns
Kakao Corp. founder and chairman Brian Kim said on Monday that he will step down from the tech giant’s board of directors, following a series ...
