local financial products

Hyundai Oilbank Co., a South Korean petroleum and refinery company, is slated to tap into the white biotechnology market. The company has selected w...

KKR & Co., a global private equity firm, is set to buy South Korean conglomerate SK Group’s industrial gas production facility at slightly...

Two US streaming platforms HBO Max and Paramount Plus will be launching South Korean services this year via domestic over-the-top (OTT) players in a...

South Korea's biopharmaceutical company Celltrion Inc. plans to sell all of its biosimilar products through its own sales channels in Europe to impr...

South Korea’s No. 1 noodle maker Nongshim Co. is aiming for top place in the world’s instant noodle market, looking to beat the current ...

Naver Webtoon Corp., the digital comics and novel platform of South Korea’s online portal giant Naver Corp., saw users nearly quadrupling in f...

The growing demand for color-coated steel is fueling competition among South Korean manufacturers of specialty steel products, raising concerns abou...

US private equity investment giant KKR & Co. and IGIS Asset Management Co., the largest real estate fund manager in South Korea, will set up a j...

South Korea’s consumption and capital expenditures fell last month although production rebounded, government data showed, indicating the momen...

LG Electronics Inc., the world’s top home appliances maker, expects business conditions to deteriorate in the second quarter amid higher costs...

The incoming Yoon Suk-yeol administration will lend extra support to the startup ecosystem – biotech and artificial intelligence firms in part...

South Korea’s biopharmaceutical companies are close to commercializing a COVID-19 vaccine and treatment pill as they are on the brink of compl...

South Korea’s SK Earthon Co., an energy and petroleum unit of SK Innovation Co., and Malaysia's Petroleum Sarawak Exploration & Production...

Affinity Equity Partners is in the process of raising 700 billion won ($565 million) to recapitalize South Korea's Serveone Co. in an attempt to rec...

A South Korean bio startup is aiming for a Nasdaq listing, deeming that the country’s exchange sets the bar too high for an initial public off...

Cosmax Inc., a major South Korean original design manufacturer (ODM) for L'Oréal and other global cosmetics giants, is strengthening its ma...

Musicow Inc., South Korea's first music copyright trading platform, will come under regulatory scrutiny, after the country's top financial regulator...

South Korea’s lawmakers gave the nod to the nomination of veteran International Monetary Fund official Rhee Chang-yong as the country’s ...

South Korean conglomerate SK Group’s industrial gas-making unit is set to sell a local production facility for about 1 trillion won ($809 mill...

One Store Co., investment firm SK Square Co.'s homegrown app store, is gearing up for an initial public offering to be held in May. The local app st...

SK Telecom Co. is poised to show off its latest services at this year’s World IT Show slated for three days from April 20. At the large...

Kia Corp., South Korea’s second-largest automaker, has chosen Coupang Inc. as its first partner for the production of a purpose-built vehicle ...

Mirae Asset Venture Investment Co. is forecast to rake in more than 400 billion won ($325 million) for its investment in Moloco Inc. Mirae As...

South Korea’s logistics centers are ramping up the financial pressure on real estate investment firms. Previously a favored property type, i...

South Korean companies’ production in Shanghai is expected to remain disrupted long on the lockdown to curb the spread of COVID-19, raising co...

South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high revenue an...

Kakao Entertainment Corp., a unit of South Korea’s top mobile messenger app operator, has established its own content ecosystem including crea...

South Korea’s retail giant Lotte Group will cease dawn delivery services for fresh food from this weekend, two years after it jumped into the ...

POSCO Chemical Co., South Korean steelmaker POSCO Group’s chemical and battery material unit, said on April 8 that it will issue green bonds w...

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, reported a lower-than-expected decline in quarterly profit...