Kospi lowest in nearly 7 months; outlook dim on inflation, US debt standoff

South Korea's main stock index has fallen below the psychologically important 3,000 points for the first time in nearly seven months, with investors...

Hanjin Heavy wins $270 mn container ship order, first deal in 6 years

Hanjin Heavy Industries & Construction Co. said on Tuesday it has won a $270 million deal to build four 5,500 TEU container ships for a European...

Korea Inc emerges as big buyer in global M&A market

South Korean companies are emerging as big buyers in the global mergers and acquisitions (M&A) markets. They are actively looking for future gro...

Private equity exits tipped to lead S.Korea's Q4 M&A market

South Korea's M&A market, which has enjoyed record levels of activity so far this year, is expected to remain buoyant for the remainder of the y...

KIC advised to invest in Europe's residential market

Europe's residential real estate market has stronger growth potential than the US housing facilities, given the growing preference among millennials...

StockX enters Korea's resale market, poses threat to domestic platforms

The rapid growth of the resale scene in South Korea has driven the world’s No. 1 resale platform, StockX, to venture into the country, signali...

Hanwha moves forward in challenging Hu-Chems in nitric acid market

Hanwha Corp. is pushing forward with its plan to challenge Hu-Chems Co. in the industrial nitric acid sector as its attempt to acquire the chemical ...

Korean military fund targets medium-risk global assets

The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...

Carbon neutrality reshapes global commodity markets

Global moves for carbon neutrality are reshaping commodity markets around the world. Iron ore prices have tumbled, while steel scrap prices have soa...

Market boom drives more S.Koreans to become angel investors

Angel investing has become widely prevalent among South Koreans. The practice of providing capital for new and small business ventures, which were t...

Cosmetics startup Birdview readies for 2022 listing

South Korea-based Birdview, the operator of leading cosmetics platform Hwahae, is aiming to make a trading debut as early as the first half of nex...

CJ enters 5-year marketing partnership with LA Lakers

South Korea’s CJ Cheiljedang Corp. will be sponsoring the Los Angeles Lakers (LA Lakers) as the first global partner of the American basketbal...

Hyundai considers EV version of Santa Cruz pickup in US market

Hyundai Motor Co. plans to roll out an electric version of the Santa Cruz pickup, the South Korea automaker’s first model for the American mar...

SK Innovation shareholders approve battery split-off; 2022 IPO unlikely

Shareholders of South Korea’s SK Innovation Co. on Thursday approved the company's plan to separate its battery business into a new entity.Und...

Dongwon aims to rise from canned tuna maker to F&B giant

For many South Koreans, particularly among the older generation, Dongwon is the name of the company that makes canned tunas, for which the food make...

Korean tractors plough more US soil

If you google tractors or lawnmowers in the US, you may see products of Kioti by Daedong-USA, Inc., a subsidiary of South Korea’s No. 1 agricu...

JW Bioscience in pancreatic cancer biomarker deal with Immunovia

JW Bioscience Co., a subsidiary of South Korea’s JW Life Science Co., has signed a non-exclusive agreement to transfer its patented technology...

S.Korea fines Google $180 mn for operating system market abuse

South Korea's Fair Trade Commission (FTC) on Tuesday imposed a fine of 207.4 billion won ($180 million) on Google, alongside a correction order, aft...

Millennials now S.Korea’s largest buyer of luxury goods

The millennials have become the largest spenders on luxury goods at department stores in South Korea. According to joint research by The Korea Econo...

Automotive security in spotlight on growing EV market

The automotive security technology for automotive electronics is in the spotlight as the global electric vehicle market is growing. The information ...

Hyosung Group Chairman Cho seeks growth opportunities in US market

South Korea’s Hyosung Group is looking to the US market for growth as the textile and chemicals conglomerate is expanding facilities in Americ...

Hydrogen: Next big thing for stock investors in Korea

In 2009, battery makers were barely on the radar in South Korea when it comes to stock investment. Back then, the rechargeable battery industry was ...

Seoul Q2 office prices rise at fastest rate in 10 yrs

Seoul office building prices rose at their strongest rate in 10 years in the second quarter of this year, driven by domestic investors as the Seoul ...

Lotte Shopping to acquire furniture maker Hanssem with IMM PE

Lotte Shopping Co., South Korea’s top department store operator, is set to acquire Hanssem Co. with IMM Private Equity.IMM PE selected Lotte S...

Korea silicon anode materials makers to see quantum leap in demand

The global silicon-based anode materials market is gathering momentum as demand is expected to outpace supply on increasing production of electric v...

Korea’s Simone: Rise from replica handbag maker to luxury brand

UIWANG, Gyeonggi Province – Simone Acc. Collection Ltd., a South Korean luxury handbag maker, stresses one interesting number to its clients w...

Korea’s Genome & Company aims US CMO market

South Korea’s microbiome medicine developer Genome & Company geared up for entering the U.S. market to boost profits and make inroads into...

Streaming platform Mahocast eyes listing on Japan's Mothers market

TOKYO -- Japan-based concert streaming platform Mahocast, dubbed as the Netflix for concerts in Japan, is gaining attention as a venue for both musi...

Naver’s market cap to top 100 trillion won, analysts say

South Korea’s market analysts projected that Naver Corp.’s market cap will surpass 100 trillion won ($86 billion), driven by the rapid g...

Korean beauty brand Too Cool For School is up for sale

Too Cool For School Corp., a South Korean budget makeup and beauty brand, is up for sale as its two co-CEOs and related parties aim to sell their en...