KB Asset Management to list Balhae Infrastructure Fund

South Korea's KB Asset Management Co. said on Friday it plans to list its KB Balhae Infrastructure Fund. Launched in 2006, KBIF focuses on so...

SK Innovation-SK E&S merger creates Asia’s No. 1 energy supplier

SK Group on Friday launched the merged entity between SK Innovation Co. and liquefied natural gas supplier SK E&S Co., a key step in the energy-...

S.Korea aims to export $1 bn Gim by 2027

South Korean Ministry of Oceans and Fisheries plans to enhance the global competitiveness of Korea's seaweed industry by establishing "Gim” ...

LG H&H, DSH to nurture beauty tech startups

South Korean cosmetics giant LG H&H Co. said on Thursday that it will run an open innovation program with the US-based Draper Startup House (DSH...

Samsung’s memory business fares better in Q3; more HBM sales ahead 

Samsung Electronics Co. reported weaker-than-expected operating profit in its chip business in the third quarter but expects a rise in sales of its ...

Korea’s SK Networks partners with Malaysia’s Sunway on AI

South Korean trading company SK Networks Co. has joined forces with Malaysian conglomerate Sunway Group to work together on future growth sectors su...

Hyundai Motor signs Korea’s largest renewable energy purchase deal

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it has signed a deal to procure 610 gigawatt-hours (GWh) of renewable energy a...

Korea Zinc to raise $1.8 bn in rights issues amid face-off with MBK

Korea Zinc Inc. will raise 2.5 trillion won ($1.8 billion) in rights issues in December following its share buybacks and allocate 20% of them to its...

Samsung SDI's operating profit plunges in Q3 amid EV chasm

Samsung SDI Co., the world’s sixth-largest battery maker, continues to grapple with dwindling battery demand from the electric vehicle industr...

PEN Ventures: A skilled startup accelerator for entrepreneurs going global

For startup accelerators that nurture promising young entrepreneurs, identifying a soon-to-be-unicorn, or a company valued at over $1 billion, in ...

SK Nexilis poised to sell thin film division to Affirma Capital

SK Nexilis Co., the world’s largest copper foil maker, is in the final stage of negotiations to sell its thin film manufacturing division to A...

South Korea’s Economy Picks Up But Still Disappoints

South Korea’s economy was weaker than expected in the third quarter, weighed by lackluster exports, though it improved from the previous quart...

South Korea’s Viva Republica drops Korean IPO plan, seeks US debut

Viva Republica Inc., a leading South Korean fintech unicorn and operator of mobile financial super app Toss, has dropped its plan to go public in th...

Korea’s POSCO, India’s JSW team up to build steel plant in Odisha

South Korea’s POSCO Group joined hands with India’s JSW Group to set up an integrated steel plant in the South Asian country with an est...

Kia debuts Tasman to target $333 bn global pickup truck market

JEDDAH, Saudi Arabia -- Kia Corp., South Korea’s second-largest automaker, on Tuesday premiered the Tasman, its first pickup truck to target t...

S.Korea provides financial education for foreigners in bank

South Korea's Financial Supervisory Service (FSS) launched financial education for foreign residents at specialized bank branches for foreigners. T...

S.Korea's Solus mass-produces copper foil in Hungary

Solus Advanced Materials, a South Korean copper foil supplier, said on Tuesday it started mass production at its second plant in Hungary, Europe&rsq...

South Korea to deploy ‘Iron-Dome’ style defense system early

South Korea will deploy a new air defense system, similar to Israel’s Iron Dome, against North Korean artillery attacks earlier than previousl...

S.Korea's Daesang holds kimchi contest in US

South Korea's Daesang Corp. said on Monday it hosted the "Jongga Kimchi Blast" event in the US to promote kimchi and elevate Korean food culture.&...

SK Telecom upgrades 5G base stations with Samsung

South Korea's SK Telecom Co. said on Monday that it partnered with Samsung Electronics Co. to apply artificial intelligence (AI)-based quality opt...

TheBorn Korea eyes M&As, overseas expansion after $73.7 million IPO

TheBorn Korea Inc., a leading South Korean food and beverage group operated by TV celebrity and chef Paik Jong-won, is looking to acquire soy sauce ...

Korea's Hana Bank to promote foreigners as managers in overseas units

South Korean banks are set to reshuffle overseas units by promoting local staff to management positions, in a bid to boost the sluggish profitabilit...

Korea Zinc, MBK face proxy war for zinc smelter

Korea Zinc Inc.'s face-off with an MBK Partners-led consortium over control of the world’s largest zinc smelter looks set to escalate into a l...

Toyota, Hyundai agree to deepen ties in hydrogen, robotics

Toyota Motor Corp. and Hyundai Motor Group agreed to deepen their partnership in developing future mobility technology, especially in hydrogen fuel-...

LG Chem opens Europe Innovation Center in Germany

South Korea's LG Chem Ltd., the world’s fourth-largest chemicals manufacturer, said on Sunday the opening of its Europe Innovation Center in F...

MBK’s Korea Zinc takeover attempt to spur search for white knights

North Asia-focused private equity firm MBK Partners Ltd.’s attempt to take control of Korea Zinc Inc. and the country’s plan to require ...

Korea’s LG CNS, DN Solutions seek billions of dollars via Jan IPOs

LG CNS Co., DN Solutions Co. and other South Korean companies aim to raise billions of dollars through domestic initial public offerings (IPOs) in J...

Korea Zinc shares skyrocket after buybacks in tender offer

Shares in Korea Zinc Inc. soared on Thursday, a day after completing its buybacks, driven by institutional investors covering shorts on the stock an...

Tesla in talks with SK Hynix for $725 mn eSSD order

Tesla Inc. is in talks with SK Hynix Inc. at the US electric vehicle giant’s request for a possible 1 trillion won ($725 million) order of ent...

Korea’s economy sees slower-than-expected rebound in Q3

South Korea’s economy rebounded slower than central bank expectations in the third quarter on sluggish exports, adding to predictions that the...