Doosan Bobcat invests in US-based agtech company

Doosan Bobcat invests in US-based agtech company

Doosan Bobcat, the construction and agricultural machine making affiliate of South Korea’s Doosan Group, has announced on Wednesday a str...

S.Korea to seek expansion of healthcare package export

S.Korea to seek expansion of healthcare package export

South Korean government has set a goal to expand medical service exports by attracting 700,000 foreign patients and receiving 70 applications of ove...

Samsung Electronics makes 17-fold gains from investment in ASML

Samsung Electronics makes 17-fold gains from investment in ASML

Slightly more than a decade ago, ASML Holding N.V. had to reach out to its customers such as Samsung Electronics Co., Intel Corp. and Taiwan Semicon...

Fifty Fifty label seeks investment from Silicon Valley

Fifty Fifty label seeks investment from Silicon Valley

The South Korean label behind K-pop rookie sensation Fifty Fifty is looking to Silicon Valley for investment as the four-girl band, already with a l...

NPS vows to raise alternative investment ratio, cut bond purchases

NPS vows to raise alternative investment ratio, cut bond purchases

South Korea’s National Pension Service (NPS), the world’s third-largest public pension fund, plans to raise the ratio of its alternative...

SK Networks eyes partnership with US-based Bow Capital

SK Networks eyes partnership with US-based Bow Capital

SK Networks Co., a South Korean trading company, is seeking to form a partnership with Silicon Valley-based venture capital firm Bow Capital to dive...

Korea’s NPS likely to post 6.4% return for Q1 2023

Korea’s NPS likely to post 6.4% return for Q1 2023

National Pension Service (NPS) in South Korea achieved a 6.4% return on investment during the first quarter of this year, recovering some 73% of the...

S.Korean overseas card spending near pre-COVID-19 levels

S.Korean overseas card spending near pre-COVID-19 levels

South Korean residents’ overseas card use jumped in the first quarter to nearly recover levesl before the outbreak of COVID-19 on rising inter...

Hanwha Aerospace invests in US secondary battery startup

Hanwha Aerospace invests in US secondary battery startup

South Korea's Hanwha Aerospace Co. on Tuesday said it invested in Forge Nano, an American startup with precision nano-coating technology that exte...

POSCO Future M-GM JV to receive investment from Canadian gov’t

POSCO Future M-GM JV to receive investment from Canadian gov’t

POSCO Future M Co., a unit of South Korean steel giant POSCO Holdings Inc., revealed on Monday that Ultium CAM, its joint venture with General Motor...

Moody’s cuts credit view on KEPCO to lowest investment grade

Moody’s cuts credit view on KEPCO to lowest investment grade

Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...

HanAll, Daewoong to develop Parkinson's treatment with US partner

HanAll, Daewoong to develop Parkinson's treatment with US partner

South Korea's HanAll Biopharma Co. and Daewoong Pharmaceutical on Thursday said they concluded a contract with NurrOn Pharmaceuticals of the US on...

GoodGang Labs attracts $2 mn from Kakao Investment

GoodGang Labs attracts $2 mn from Kakao Investment

South Korea's GoodGang Labs, a startup focused on developing a 3D avatar-based communication platform, announced on Thursday that it has secured an ...

Samsung Electronics' smart factory project targets SMEs

Samsung Electronics' smart factory project targets SMEs

Sales of Cookia, a small maker of tofu snacks in South Korea based in Yeosu, South Jeolla Province, have jumped eight-fold in six years from 300 mil...

Hyundai Motor union demands higher wages on record earnings

Hyundai Motor union demands higher wages on record earnings

Historically, Hyundai Motor Co.'s labor union has been among the most hardline in South Korea's corporate wage negotiations.Despite the relatively l...

CJ dreams to build new kingdom in US with massive investment

CJ dreams to build new kingdom in US with massive investment

CJ Group, a major South Korean conglomerate with a wide range of businesses spanning everything from food to bio, livestock feed, logistics, enterta...

Festival celebrating BTS’ 10th anniversary to be held in Seoul in June

Festival celebrating BTS’ 10th anniversary to be held in Seoul in June

BTS Festa 2023, a festival celebrating the 10th anniversary of BTS' debut, will take place June 12-25 across Seoul, their agency Big Hit Music annou...

SK On wins $909 mn from BlackRock, QIA, MBK consortium

SK On wins $909 mn from BlackRock, QIA, MBK consortium

SK On Co., the world’s fifth-largest battery maker, has confirmed it will receive a 1.2 trillion won ($908.7 million) investment for a minorit...

S.Korea’s direct investment abroad hits record high in Q1 2023

S.Korea’s direct investment abroad hits record high in Q1 2023

South Korea’s net international investment position (NIIP) increased in the first quarter on the country’s record-high direct investment...

ASM to invest $100 mn to expand R&D facilities in S.Korea

ASM to invest $100 mn to expand R&D facilities in S.Korea

The Netherlands-based semiconductor equipment maker ASM will invest $100 million (132 billion won) to boost its R&D and production capacities in...

Find opportunities amid macro uncertainty in 2023: M&G

Find opportunities amid macro uncertainty in 2023: M&G

Markets today are in the midst of a shift as interest rate hikes are nearing their end and economic growth is challenged. Other changes in demogra...

Jeju Air CEO sees Korea-Indonesia routes as blue ocean

Jeju Air CEO sees Korea-Indonesia routes as blue ocean

South Korea’s largest low-cost carrier (LCC) Jeju Air Co. will make the most of the post-pandemic recovery in travel demand by exploring South...

Music copyright trading platform Musicow attracts $46 mn from STIC

Music copyright trading platform Musicow attracts $46 mn from STIC

Musicow Inc. has garnered an additional 60 billion won ($45.8 million) from Seoul-based venture capital and private equity firm STIC Investments Inc...

CrystalGenomics to sell largest 20% stake to Invites Healthcare for $44 mn

 CrystalGenomics to sell largest 20% stake to Invites Healthcare for $44 mn

CrystalGenomics Inc., South Korea’s first-generation biopharma venture company, will sell new shares worth 58 billion won ($44 million) in a b...

Korea's two ride hailing apps to merge in H1, become top operator

Korea's two ride hailing apps to merge in H1, become top operator

South Korea’s ride hailing apps TADA and i.M are set to complete their merger as early as the first half of this year, aiming to become the co...

Hyosung Chemical makes emergency investment in crisis-hit Vietnamese subsidiary

Hyosung Chemical makes emergency investment in crisis-hit Vietnamese subsidiary

Hyosung Chemical announced on Monday that it will invest $120 million in its Vietnamese subsidiary, Hyosung Vina Chemicals Co.Hyosung Vina Chemicals...

UAE to find $2 bn investment opportunities in S.Korea

UAE to find $2 bn investment opportunities in S.Korea

The United Arab Emirates (UAE) is reviewing $2 billion worth of investment project in South Korea, such energy and information communications techno...

UAE state funds gear up for $30 bn S.Korean investment

UAE state funds gear up for $30 bn S.Korean investment

Senior officials of the Abu Dhabi Investment Authority (ADIA) and other major sovereign funds of the United Arab Emirates (UAE) met with executives ...

Korea's SK E&S plans $14 bn joint investment in hydrogen biz

Korea's SK E&S plans $14 bn joint investment in hydrogen biz

South Korea’s SK E&S Co. is poised to spend 18.5 trillion won ($13.9 billion) with partners by 2025 to set up a hydrogen industry value ch...

Sartorius to build $600 mn Korea facilities, open to more investment

Sartorius to build $600 mn Korea facilities, open to more investment

Sartorius AG, a global pharmaceutical and laboratory equipment supplier, plans to spend $600 million on its first facilities in South Korea, about s...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel Museum Kolon's early bets on para-aramid recovery pays off amid AI boom Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required