Global supply crisis endangers S.Korea’s manufacturers

Global supply crisis endangers S.Korea’s manufacturers

A South Korean electric equipment maker has decided not to seek any new orders as a spike in prices of commodities such as copper and supply disrupt...

[ASK 2021] European NPL market growth creates investment opportunities  

[ASK 2021] European NPL market growth creates investment opportunities  

Global asset managers will see great opportunities in the European non-performing loan market amid challenges facing the EU banking industry, such...

NCSoft reclaims throne with new mobile game Lineage W

NCSoft reclaims throne with new mobile game Lineage W

Lineage W, developed by South Korea’s NCSoft Corp., has swiftly reclaimed the top spot in the country's mobile gaming market just three days s...

Korea’s Netmarble Neo drops listing plan as sentiment sours

Korea’s Netmarble Neo drops listing plan as sentiment sours

South Korea’s game developer Netmarble Neo decided to withdraw its initial public offering plan as sentiment in the primary market sours amid ...

Jeju as Korea's new shopping mecca: Shinsegae's task ahead

Jeju as Korea's new shopping mecca: Shinsegae's task ahead

Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...

Kakao becomes Korea’s top platform firm, besting archrival Naver

Kakao becomes Korea’s top platform firm, besting archrival Naver

Kakao Corp., best known for South Korea’s top mobile messenger app KakaoTalk, has become the country’s top platform company in terms of ...

Teachers' Pension to sharply up direct global stock investment

Teachers' Pension to sharply up direct global stock investment

The Teachers' Pension in South Korea has started direct investment in overseas stock markets this year and will further increase direct management t...

SM Line joins growing list of S.Korean IPO dropouts

SM Line joins growing list of S.Korean IPO dropouts

SM Line Corp. on Wednesday became the latest South Korean company to drop its initial public offering plan on disappointing institutional interest.T...

Supergene looks well beyond smash hit instant game OMG

Supergene looks well beyond smash hit instant game OMG

Commanding more than 100 million users for a South Korean Internet social service or a mobile game is uncommon even among industry leaders.Naver Cor...

Specialty coffee brand Terarosa raises $60 mn from Unison Capital

Specialty coffee brand Terarosa raises $60 mn from Unison Capital

The operator of Terarosa, known as the Blue Bottle Coffee of South Korea, has received around 70 billion won ($60 million) in funding from Unison Ca...

Korean eyewear startup to again design China's top dept store hall

Korean eyewear startup to again design China's top dept store hall

South Korean eyewear brand Gentle Monster is slated to design the luxury hall space of the Chengdu branch of SKP, China’s top department sto...

Korea’s major refiners bid for top local biodiesel material maker

Korea’s major refiners bid for top local biodiesel material maker

SK Innovation Co., S-Oil Corp. and Hyundai Oilbank were among the preliminary bidders for South Korea’s top biodiesel material maker DK O&...

K-pop stars see huge capital gains from stock options

K-pop stars see huge capital gains from stock options

Executives and employees of top K-pop agencies such as SM Entertainment Co. and YG Entertainment Inc. are expected to earn huge capital gains from...

LG overtakes Whirlpool as top home appliance maker after strong Q3

LG overtakes Whirlpool as top home appliance maker after strong Q3

LG Electronics Inc. has overtaken bigger home appliance rival Whirlpool Corp. after posting record quarterly sales, comfortably putting it on course...

Namyang top shareholder barred from casting vote at general meeting

Namyang top shareholder barred from casting vote at general meeting

Namyang Dairy Products Co.'s top shareholder and Chairman Hong Won-sik will be barred from exercising his shareholder rights at the company's genera...

NPS to up strategic partnerships with global institutions

NPS to up strategic partnerships with global institutions

The National Pension Service (NPS) will increase strategic investments with leading global institutional investors to boost overseas alternative inv...

Goldman picks three key factors for alternative investment

Goldman picks three key factors for alternative investment

A number of clear trends will play out for alternatives in the future, notably digitization, customization, and values-based investing, Goldman Sach...

Korea’s top mobile game to be launched in Taiwan in Q1 2022

Korea’s top mobile game to be launched in Taiwan in Q1 2022

South Korea’s top mobile game Odin: Valhalla Rising will be launched Taiwan in the first quarter of next year as its developer Lionheart Studi...

Top Korean LPs to discuss post-pandemic investments

Top Korean LPs to discuss post-pandemic investments

The Korea Economic Daily is hosting Asia's biggest alternative investment forum in Seoul on Oct. 27, where chief executives of the National Pension ...

Sweden's EQT staffs up in Asia with focus on Korea

Sweden's EQT staffs up in Asia with focus on Korea

EQT Partners, Europe's largest private equity firm, is staffing up its Asia Pacific team with a focus on South Korea, the investment firm said on Mo...

AgTech attracts global billionaires’ investment

AgTech attracts global billionaires’ investment

Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos and Softbank Group founder Masayoshi Son have recently shown a common interest in a surpr...

Masayoshi Son to bet $170 mn on Naver metaverse platform

Masayoshi Son to bet $170 mn on Naver metaverse platform

Softbank Group founder Masayoshi Son is slated to bet $170 million on Naver Corp.’s metaverse platform. The investment is expected to help Nav...

Kakao Pay sets IPO price at top end on heated demand

Kakao Pay sets IPO price at top end on heated demand

Kakao Group’s payment services unit Kakao Pay Corp. set the initial public offering price at the top end of the proposed band thanks to strong...

Tesla’s shift to LFP cells to shake global battery industry

Tesla’s shift to LFP cells to shake global battery industry

Tesla Inc.’s shift to less expensive batteries for its electric vehicles is expected to shake the global battery industry.The world’s to...

Zero-carbon, self-driving still in distant future for top Kospi stocks

Zero-carbon, self-driving still in distant future for top Kospi stocks

Shares in Samsung Engineering Co., a leading South Korean plant builder, have skyrocketed about 90% year to date, far outstripping the average rise ...

Edison-led consortium named preferred buyer of Ssangyong Motor

Edison-led consortium named preferred buyer of Ssangyong Motor

A consortium led by electric bus maker Edison Motors Co. has been named the preferred buyer of South Korea’s troubled sport utility vehicle ma...

Coldplay’s 'Music of the Spheres’ review: An over-the-top cosmic lovefest

Coldplay’s 'Music of the Spheres’ review: An over-the-top cosmic lovefest

Coldplay is deep enough into its career that each new album comes packaged with a story. It’s no longer sufficient to issue a new collection o...

S.Korean companies stockpile record-level dollar holdings

S.Korean companies stockpile record-level dollar holdings

South Korean companies have built up their dollar holdings to record levels, following record-breaking shipment growth this year, as rising raw mate...

Hyundai Glovis to build hydrogen supply chain with Air Products

Hyundai Glovis to build hydrogen supply chain with Air Products

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, agreed to set up a liquid hydrogen supply chain with Air Products, the world’s la...

FNC Entertainment next in line for global success, shares surge

FNC Entertainment next in line for global success, shares surge

Shares of FNC Entertainment Co., a mid-size South Korean entertainment agency, are surging on expectations that offline concerts will soon resume wi...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race