MBK co-founder meets with Korean CIOs to finance 6th buyout fund

MBK co-founder meets with Korean CIOs to finance 6th buyout fund

Asia’s private equity giant MBK Partners Ltd. is set to accelerate fundraising for its new fund, which is expected to become the firm’s ...

Micron overtakes SK Hynix in shrinking DRAM market

Micron overtakes SK Hynix in shrinking DRAM market

Micron Technology Inc., the world’s third-largest DRAM maker, raised its share in the shrinking DRAM market in the first quarter, with a milde...

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...

BOK leaves door open for another quarter-point rate rise

BOK leaves door open for another quarter-point rate rise

The Bank of Korea’s (BOK) decision on Thursday to keep its base rate steady at 3.50% does not signal the end of its one-and-a-half-year tighte...

Innocean joins top 10 brand marketing agencies in India

Innocean joins top 10 brand marketing agencies in India

Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Wednesday that its Indian corporation has joined top 10 of local brand m...

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...

MBK Partners puts Korea’s largest golf course operator on market

MBK Partners puts Korea’s largest golf course operator on market

North Asia-focused private equity firm MBK Partners has put Golfzon County Co., the biggest golf course operator in South Korea, on sale at an estim...

KAI secures deal to export 18 FA-50 light fighters to Malaysia

KAI secures deal to export 18 FA-50 light fighters to Malaysia

South Korea’s sole military aircraft manufacturer Korea Aerospace Industries Ltd., (KAI) has finalized a contract to supply Malaysia with eigh...

Boeing-backed Huneed eyes civil aircraft market beyond jets

Boeing-backed Huneed eyes civil aircraft market beyond jets

South Korea’s Huneed Technologies specializes in aircraft components such as military communications equipment and supplies them to the armed ...

Samsung retains No.1 position in global TV market

Samsung retains No.1 position in global TV market

Samsung Electronics Co. has held on to its position as the world's top TV manufacturer in the first quarter of 2023, securing a 32.1% share of the m...

US antitrust body blocks $1.4 bn Korean Air-Asiana deal

US antitrust body blocks $1.4 bn Korean Air-Asiana deal

Korean Air Lines Co. ’s acquisition of smaller domestic rival Asiana Airlines Inc. is poised to collapse after the US antitrust agency raised ...

Korea's loan delinquency rates soar; outlook to worsen in H2

Korea's loan delinquency rates soar; outlook to worsen in H2

South Korean banks are seeing loan delinquency rates surge due to the increase in lending during the pandemic and a series of rate hikes. The rates ...

A Goliath vs. Davids battle in the S.Korean OTT market

A Goliath vs. Davids battle in the S.Korean OTT market

Netflix Inc. is poised to further distance itself from its money-losing local peers in the South Korean video streaming market this year, as it make...

Celltrion Healthcare launches Remsima SC in Brazil

Celltrion Healthcare launches Remsima SC in Brazil

South Korean biopharmaceutical company Celltrion Healthcare Co. revealed on Monday its introduction of Remsima SC, a treatment for autoimmune diseas...

Funding gap creates opportunities in private real estate debt: ASK 2023

Funding gap creates opportunities in private real estate debt: ASK 2023

Global real estate investors will see the funding gap continue for a while, which creates opportunities for private debt in the sector. The office s...

LS Group's US affiliate SPSX to raise $150 mn in pre-IPO

LS Group's US affiliate SPSX to raise $150 mn in pre-IPO

LS Group’s US cable affiliate Superior Essex (SPSX) plans to raise $150 million (200 billion won) via a South Korean private equity fund (PEF)...

US office recovery will be slow in volatile market: Korean investors

US office recovery will be slow in volatile market: Korean investors

Increased rates will impact global real estate deals and slash property values, according to major institutional investors in South Korea. The US of...

Samsung rolls out industry’s finest 12 nm DDR5 DRAM chips

Samsung rolls out industry’s finest 12 nm DDR5 DRAM chips

Samsung Electronics Co. has begun mass production of 16 gigabit DDR5 DRAM chips, using the industry’s finest 12-nanometer process node, furthe...

Samsung Display buys US OLED microdisplay maker for $218 mn

Samsung Display buys US OLED microdisplay maker for $218 mn

South Korea's Samsung Display has bought American OLED microdisplay maker eMagin for $218 million (290 billion won).eMagin on Wednesday said Samsung...

Samsung to launch Galaxy A24 in S.Korea to target low-end market

Samsung to launch Galaxy A24 in S.Korea to target low-end market

Samsung Electronics Co. announced on Thursday that it will release the Galaxy A24, a budget phone model in the domestic market on Friday to targetin...

Chevrolet Trailblazer tops in US small SUV market

Chevrolet Trailblazer tops in US small SUV market

Chevrolet Trailblazer claimed the top spot in the subcompact crossover SUV market in the United States in the month of April. It maintained its posi...

S.Korea’s popular donut brand Knotted to enter US market

S.Korea’s popular donut brand Knotted to enter US market

South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced on Wednesday a strategic plan called "New GFFG 2.0." The plan aims to...

LG Electronics enters antibacterial glass powder sector

LG Electronics enters antibacterial glass powder sector

LG Electronics Inc. on Wednesday said it will promote as one of its new growth engines antibacterial glass powder, or fine particles made with cru...

Private debt will offer both income and downside protection: ASK 2023

Private debt will offer both income and downside protection: ASK 2023

Global investors will find opportunities to increase positions in private debt markets amid high interest rates this year and need to strengthen their...

Night at Korean royal palace brims with stars and Gucci fashion

Night at Korean royal palace brims with stars and Gucci fashion

Seoul has again grabbed the attention of global fashionistas as Italian fashion house Gucci on Tuesday night finally staged its belated Korean fashi...

Samsung’s Galaxy Book3 controls more than half of Korea’s laptop market

Samsung’s Galaxy Book3 controls more than half of Korea’s laptop market

When Samsung Electronics Co. reported the worst quarterly loss for its semiconductor business last month, it found hope and relief in its mobile bus...

Mirae Asset Securities acquires European ETF market maker GHCO

Mirae Asset Securities acquires European ETF market maker GHCO

Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...

AskUp aims to make life more convenient, even with highball recipes

AskUp aims to make life more convenient, even with highball recipes

Amid the generative artificial intelligence technology sensation, businesses scramble to get creative in using AI to bolster their sales, and a Sout...

Hyundai Motor holds Brand Day in Tokyo

Hyundai Motor holds Brand Day in Tokyo

Hyundai Motor Co., in celebration of the first anniversary of its reentry into the Japanese market, is introducing a locally tailored "assurance pro...

Samsung Electro-Mechanics unveils high-capacity MLCCs for EVs

Samsung Electro-Mechanics unveils high-capacity MLCCs for EVs

Samsung Electro-Mechanics Co., a South Korean electronic components maker, on Tuesday showcased two new multi-layer ceramic capacitors (MLCCs) with ...

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold IMM Credit closes $700 mn blind credit fund backed by NPS BOK chief warns household debt near tipping point, keeps rates steady