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...

KT, Daishin PE acquire 100% stake in global data firm Epsilon

South Korea’s major telecom company KT Corp. is expanding investments in future growth areas outside the traditional mobile sector. KT said on...

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...

Samsung sells $1.3 bn stake in China’s BYD, keeps watchers puzzled

Samsung Electronics Co. has sold a 1.6% stake worth 1.5 trillion won ($1.3 billion) in Chinese electric vehicle and rechargeable battery maker BYD C...

Permira targets growth firms in high valuation markets

London-based private equity firm Permira will maintain its focus on high-quality companies and sector leaders with strong growth potential as valuat...

LG Energy Solution, SK Innovation raise global battery market shares

LG Energy Solution Ltd. and SK Innovation Co. expanded global battery market shares, leading steady growth in South Korea’s battery industry.S...

Samsung SDI tops LG Chem in market cap amid GM recall crisis

Samsung SDI Co. has become South Korea’s top battery maker in terms of market capitalization. The company is now ranked as the sixth-largest f...

Naver poised for battle over sneaker resale market

South Korea’s platform giant Naver Corp. is on the move to claim the throne in the sneaker resale market, up against other fashion platforms s...

Behind the scenes of GS-led group's $1.5 bn Hugel purchase

South Korea's energy-to-construction conglomerate GS Group was not considered a serious bidder when it entered the race for a 46.9% stake in the cou...

Kakao Pay cuts IPO price by 6% for October listing

Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., has slashed its initial publi...

Samsung to ramp up production capacity of foldable devices by 50%

Samsung Electronics Co. will expand the production capacity of foldable devices amid an unexpected global craze over its Galaxy Z Fold 3 and Z Flip ...

LG Electronics scores big in first-half US OLED TV market share

LG Electronics Inc., one of the world’s largest TV makers, saw its market share grow rapidly in North America with its market share rising abo...

Upbit dominates S.Korea’s crypto exchange with 80% market share

South Korea’s cryptocurrency exchange market is being dominated by the biggest platform Upbit that holds about 80% of all transactions made in...

Social casino game maker DoubleDown Interactive resumes US IPO process

DoubleDown Interactive LLC, a subsidiary of DoubleUGames Co., has resumed the process to go public on Nasdaq after more than a year has passed from ...

NPS in $2 bn real estate development project in Seoul

The National Pension Service (NPS) has agreed to participate in a 2.6 trillion won ($2.2 billion) real estate development project in western Seoul, ...

Govt pension fund eyes real estate in non-core areas

South Korea's Government Employees Pension Service (GEPS) is setting its sights on overseas office buildings not only in core regions but in its per...

3i's AI technology creates digital twins using smartphone photos

Innovating industrial plants is often a difficult decision-making process for companies because changing a single piece of equipment requires a thor...

Samsung to invest $200 bn over next 3 yrs, including M&As

Samsung Group will invest a combined 240 trillion won ($206 billion) over the next three years in its core businesses such as semiconductor, display...

Rolex emerges as latest target of S.Korea’s luxury brand fever

Rolex watches are now the latest object of South Korea’s unwavering love for luxury goods. The high demand and limited supply of Rolex watches...

Carmaker stocks hit speed bump of chip shortage, Delta variant

Shares in global carmakers such as Hyundai Motor Co. and Toyota Motor Corp. are tumbling. The automotive chip shortage is expected to deteriorate fu...

OsteoSys pioneers bone densitometer market for lab animals

South Korea-based OsteoSys Corp. aims to become the world's leading player in the bone densitometry market backed by its portfolio of high-tech bone...

Korea's top online flea market startup value up to $2.6 bn

South Korea’s No. 1 online flea market operator Danggeun Market Inc. has increased its valuation to $2.6 billion as it raised $153 million fro...

Battery recycling: Carmakers, battery companies in new turf war

With electric vehicles increasingly going mainstream, the world’s major carmakers and battery companies face another type of turf war: battery...

Shinsegae's e-commerce arm SSG.COM seeks 2022 IPO

SSG.COM, the e-commerce brand of South Korea's retail titan Shinsegae Inc., has begun the process to go public next year, with its valuation estimat...