Kumho chief Park, other business leaders granted presidential pardons

Park Chan-koo, honorary chairman of Kumho Petrochemical Co., and 11 other South Korean business leaders have been granted presidential pardons to ...

KCGI Asset Management appoints former KIS head as new CMO

South Korea’s KCGI Asset Management, formerly Meritz Asset Management, announced on Friday that it has hired Cho Won-bok, former division head...

S.Korea to deliver food safety management skill to Thai, Malaysian officials

The Ministry of Food and Drug Safety of South Korea announced on Friday that it will conduct an invited training program for food safety officials f...

S.Korea's SK C&C enters battery sector with DNA Motors

South Korea's SK C&C will make batteries for electric motorcycles as the first domestic system integration company to enter the battery field.SK...

Kakao Healthcare signs agreement with Novo Nordisk for digital service

Kakao Healthcare Corp., a digital healthcare platform unit of South Korea's Kakao Corp., announced that it has signed on Tuesday a business agreemen...

Affinity's CJ Lee to become 3rd Korean executive to leave

Affinity Equity Partners’ founding member and Managing Partner Lee Chul-joo (CJ Lee) will resign from the Asia’s leading buyout manager,...

Virtual human Lucy to sell Galaxy Z in live commerce

Lotte Home Shopping's virtual human Lucy expands her activities by selling The Galaxy Z Flip 5 and "Z Fold 5" on live commerce, following her attend...

LG Uplus to equip Toyota Highlander’s infotainment platform

South Korea's LG Uplus Corp. announced on Friday its strategy to outfit Toyota's Highlander, a seven-seater SUV, with Toyota Connect, powered by t...

Naver posts record Q2 operating profit on e-commerce, content

South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in i...

Morgan Stanley subsidiary takes 5% stake in JYP Entertainment stock

A Morgan Stanley-affiliated asset manager has bought more JYP Entertainment shares, raising its stake to more than 5 percent.Asset management firm M...

LG Energy Solution converts 56% of electricity into renewable energy

South Korea’s lithium-ion battery maker LG Energy Solution Ltd. on Monday released a report containing the company’s environmental, soci...

Macquarie seeks to sell off Korea’s tank terminal operator

Macquarie Korea Asset Management seeks to sell off a Korea tank terminal operator six years after the acquisition, at around 400 billion won ($314.8...

S.Korea’s men’s fashion platform Deps launches offline store

Deps, a men’s fashion platform launched by South Korean fashion brand incubator Hago L&F, is accelerating its market offensive through the...

SK Telecom enters cloud managed service provider market

South Korea's SK Telecom Co. will aggressively enter the cloud market by providing differentiated services based on its nationwide communication net...

MyRealTrip launches restaurant reservation service in Japan

South Korea's travel app MyRealTrip announced that it partnered with the Japanese accommodation and restaurant reservation platform Ikyu, becoming t...

SK E&S opens representative office in Vietnam

South Korea's renewable energy company SK E&S is speeding up the expansion of its global eco-friendly power generation business by opening a rep...

LG Labs opens door to unconventional idea seekers

South Korea’s home appliance giant LG Electronics Inc. has launched LG Labs, a playground for those wanting to test unconventional ideas that ...

SK Networks to acquire data management company en-core

SK Networks Co., a South Korean trading company, will acquire en-core, a data solutions and consulting firm. The strategy is aimed at strengthening ...

Musinsa opens showroom in Tokyo for S.Korean designers’ brands

South Korea's online fashion platform Musinsa opened a showroom in Tokyo on Thursday targeting fashion buyers, as it aims to introduce domestic desi...

SK Energy acquires logistics platform Goodsflow

South Korea's SK Energy will buy all shares of Goodsflow, a Seoul-based provider of logistics platform services, to enter the urban logistics center...

LG Uplus to open metaverse for Yonsei Univ. in September

South Korea's LG Uplus Corp. on Wednesday announced the opening in September of Virtual Campus, a metaverse for Yonsei University, one of the nation...

KKR leads $190 mn Series C funding of fashion platform Musinsa

South Korea’s leading fashion platform Musinsa said on Wednesday it has attracted 240 billion won ($189.7 million) in its Series C funding rou...

Mirae Asset’s global ETFs exceed $100 bn in net asset value

Mirae Asset Global Investments Co., South Korea’s leading asset manager, said on Tuesday its exchange-traded funds (ETFs) worldwide have surpa...

The Swing buys van-hailing service Tada for $19 mn

South Korea's personal mobility platform company The Swing Co. has acquired the management rights of the van-hailing service Tada.Negotiations betwe...

Naver Webtoon becomes No.1 webtoon platform in France

South Korea's Naver Webtoon has made a name for itself as the top webtoon platform in France. Naver Webtoon announced on Monday that it participated...

SK’s Tmap enhances ESG efforts by navigating lowest-carbon routes

South Korea’s leading mobility platform Tmap Mobility Co. has stepped up its environmental, social and governance (ESG) efforts via its naviga...

Catchtable raises $24 mn in Series D funding

South Korean startup WAD, the operator of a restaurant reservation service platform, has recently raised 30 billion won($24 million) in a Series D f...

LG Electronics launches sleep management solution brid.zzz

LG Electronics Inc. on Friday launched a sleep management solution called "brid.zzz" aimed at individuals grappling with stress and insomnia. The na...

Samsung Bioepis enters US market for biosimilars of Humira

South Korea's biopharmaceutical company Samsung Bioepis, which was expected to struggle on the US market for biosimilars of Humira, the world's top-...

Everon attracts $39 mn thanks to hot VC demand for EV charging

Everon, one of South Korea’s top three electric vehicle charging infrastructure and management service providers, raised 50 billion won ($39 m...