NPS, Tishman form $1.5 bn JV to invest in US housing

The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, and New York-based global real estate investment ...

MBK seeks to buy two S.Korean e-commerce platforms

MBK Partners is in talks to buy management rights of two e-commerce platforms listed on South Korea's Kosdaq market in a package deal, according to ...

Legal data firm FiscalNote to list on Nasdaq via $1.3 bn SPAC deal

FiscalNote Holdings Inc., a US legal data and analytics company founded by a Korean-American, is set to go public in a deal valued at $1.3 billion. ...

Global supply crisis endangers S.Korea’s manufacturers

A South Korean electric equipment maker has decided not to seek any new orders as a spike in prices of commodities such as copper and supply disrupt...

Travel startups draw new funds amid digital transformation

As South Korea loosened social distancing measures for a gradual return to normal life this week, investors are rekindling their interest in travel ...

Kakao becomes Korea’s top platform firm, besting archrival Naver

Kakao Corp., best known for South Korea’s top mobile messenger app KakaoTalk, has become the country’s top platform company in terms of ...

[ASK 2021] The Growing Opportunity of Sports, Media and Entertainment in Alternatives

The Growing Opportunity of Sports, Media and Entertainment in Alternatives  Why is this industry attractive and where are you...

POSCO International, Petronas sign PSC for Malaysian gas development

POSCO International Co., the trading unit of South Korean steelmaker POSCO, has signed a production sharing contract (PSC) for the development of an...

LG, CJ join other Korean firms to run offices in Washington

WASHINGTON D.C. – South Korea’s major business conglomerates are heading to Washington D.C. to run offices handling regulatory and gover...

K-pop fan engagement platform DearU prices IPO above range

DearU Co, a K-pop fandom platform in South Korea, priced its initial public offering above the price range on Thursday thanks to heated demand. The ...

SK Hynix to buy back ex-foundry unit after strong Q3 results

SK Hynix Inc. will be buying back the remaining stake in its former unit Key Foundry to double its foundry capacity, after its third-quarter operati...

LCS Group, Bosung Powertec to form $40 mn fund for telecom tower project

LCS Group Korea, a South Korean corporate set up by the Philippines' LCS Group of Companies, signed a joint venture establishment contract on Oct. 2...

Masayoshi Son to bet $170 mn on Naver metaverse platform

Softbank Group founder Masayoshi Son is slated to bet $170 million on Naver Corp.’s metaverse platform. The investment is expected to help Nav...

Naver launches Japan-focused e-commerce platform

South Korea's top online portal Naver Corp. launched its e-commerce platform dedicated to Japan last month, taking its first step toward a global on...

K-pop copyright trading platform Musicow prepares for IPO

Musicow Inc., South Korea's first music copyright trading platform, has embarked on the process to go public on the back of its eye-catching growth ...

SK Inc. to invest $102 million in China’s copper foil firm Lingbao Wason

SK Inc., the holding and investment company of South Korea’s SK Group, plans to invest 120 billion won ($102 million) in China’s Lingbao...

S.Korean companies stockpile record-level dollar holdings

South Korean companies have built up their dollar holdings to record levels, following record-breaking shipment growth this year, as rising raw mate...

FNC Entertainment next in line for global success, shares surge

Shares of FNC Entertainment Co., a mid-size South Korean entertainment agency, are surging on expectations that offline concerts will soon resume wi...

Korean OTT platform TVing to go abroad with Naver's LINE

South Korea's over-the-top (OTT) streaming platform TVing Co. will make its inroads into Japan and Taiwan next year and into the US in 2023, tapping...

DearU: A K-pop fan engagement platform success story

No company would know better than DearU Inc. that powerful fandom can turn into fast money.The South Korean startup that started as a software devel...

CalSTRS, POBA co-invest $317 mn in US debts in 2021

The California State Teachers’ Retirement System (CalSTRS) and South Korea's Public Officials Benefit Association (POBA) have invested a combi...

Korean P2P lending platform 8Percent raises near $40 mn

South Korea-based online peer-to-peer lending platform 8Percent has secured 43.5 billion won ($38.3 million) in an investment round led by the Silic...

LG Electronics brings gardening indoors with plant cultivator Tiiun

LG Electronics Inc. is bringing gardening indoors by unveiling a plant growing appliance, which allows consumers to grow flowers, vegetables and her...

L&F shares: Further upside potential after tenfold gains

Shares of L&F Co., South Korea’s top battery materials maker, have risen tenfold in the past year and a half, but many analysts bet the st...

Naver's metaverse platform seeks over $40 mn in funding

Naver Z Corp., the operator of South Korea's metaverse platform Zepeto, is in the early stages of talks with investors to raise more than 50 billion...

GM says it will recover $1.9 billion of Bolt-recall costs from LG

General Motors Co. said it would recover from supplier LG Electronics Inc. nearly all of the $2 billion cost of recalling Chevrolet B...

Huawei, Ericsson or Nokia? Apple or Samsung? US or China? Who’s winning the 5G races?

Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the ...

Hyundai Doosan Infracore wins orders for 62 excavators in Philippines

South Korea-based heavy machinery and construction equipment maker Hyundai Doosan Infracore Co. has secured orders for 62 excavators in the Philippi...

Yanolja, HanaTour team up to take lead in travel market

South Korea’s No. 1 accommodation booking platform Yanolja has joined forces with the country's leading travel agency HanaTour Service Inc. to...

Korea's first-generation platforms collapse, ringing in new e-commerce era

South Korea's first-generation e-commerce platforms, which have been around since the 1990s, are rushing to sell off their businesses as their valua...