SK Nexilis, LG Energy revive supply ties as US seeks China decoupling
SK Nexilis Co., the world’s largest copper foil maker, has decided to move past a years-long rift with former key client LG Energy Solution Lt...
CJ ENM sets up Korea’s 1st Middle East entertainment unit in Saudi Arabia
CJ ENM Co., South Korea’s largest film studio and distributor, has established a subsidiary in Riyadh, Saudi Arabia – the first Middle E...
S.Korea avoids recession with 0.6% Q2 GDP growth; US tariff impact seen limited
The South Korean economy returned to firmer footing in the second quarter, expanding 0.6% from the previous three months, as a recovery in exports a...
SK Hynix logs record profit in Q2, sees stronger H2 ahead
SK Hynix Inc., the largest supplier of artificial intelligence chips to Nvidia Corp., reported its highest-ever quarterly results, with double-digit...
PwC Korea named to lead $360 mn sale of K Shipbuilding; preferred buyer likely by year-end
K Shipbuilding Co., once a rising star in South Korea’s shipbuilding industry under the STX Group, is returning to the auction block – t...
MBK, Mirae Asset to force CJ CGV to give up overseas cinema assets
MBK Partners Ltd. and Mirae Asset Securities Co. are set to force South Korea’s top multiplex cinema chain CJ CGV Co. to surrender control of ...
Glass Skin boom: Why Seoul’s interactive beauty clinics are hottest stop for foreign tourists
On a recent morning in Seoul’s hip Seongsu neighborhood, a line of eager foreign tourists snaked around the corner of CJ Olive Young Corp.&rsq...
IMM Credit closes $700 mn blind credit fund backed by NPS
IMM Credit & Solutions Inc. (ICS), the private credit unit of South Korea’s major investment firm IMM Holdings Inc., has raised nearly 1 t...
SK Innovation to restore Vietnam’s mangrove forests in ESG initiative
SK Innovation Co. has signed a memorandum of understanding with the government of Tra Vinh, a province in southern Vietnam and MangLub, a local soci...
SK Hynix joins Samsung in 200 trillion won market cap club
SK Hynix Inc. surpassed 200 trillion won ($147 billion) in market capitalization on Tuesday, becoming the second Korean stock in history to cross th...
Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge
Global memory chip markets, long weighed down by excess inventories and sagging demand, are showing early signs of a thaw.South Korea’s export...
SK Hynix leads Samsung in customized HBM; lands Nvidia, Microsoft deals
SK Hynix Inc. has secured Nvidia Corp., Microsoft Corp. and Broadcom Inc. as key clients of its customized high-bandwidth memory (HBM), positioning ...
Miri Capital closes in on STIC Investments chairman’s stake
Miri Capital Management LLC has steadily raised its stake in STIC Investments Inc., narrowing the ownership gap with the firm’s founder and Ch...
CJ CGV under pressure to shed China, Vietnam cinema assets
MBK Partners and Mirae Asset Securities Co. are considering divesting of their holdings in CGI Holdings Co., which oversees CJ CGV Co.’s multi...
SK, AWS to build South Korea’s largest, multibillion-dollar AI data center
South Korea’s second-largest conglomerate SK and Amazon Web Services Inc. (AWS), the world's largest cloud platform provider, will build a 103...
LG Chem closes $1 bn water filter division sale to Glenwood PE
LG Chem Ltd. said on Friday it has finalized the sale of its water filter business to Seoul-based Glenwood Private Equity for 1.4 trillion won ($1 b...
JLL, Savills to lead Seoul Square sale in $1 bn deal
JLL and Savills have been tapped to lead the sale of Seoul Square, a landmark office tower, valued at around 1.4 trillion won ($1 billion), adding t...
Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
In a move that could reshape the global memory industry’s competitive dynamics, Nvidia Corp. has chosen US chipmaker Micron Technology Inc. as...
Invesco, SK D&D likely to buy co-living building in Seoul
A consortium between US asset management firm Invesco and the real estate investment arm of SK D&D Co. has been named the preferred buyer of Nou...
CJ Foodville goes global from in-flight meals to Starbucks bread
CJ Foodville Co., a South Korean food company, is deepening its presence in Southeast Asia with premium bakery products, catering to airplane passen...
S.Korea imports Canadian oil for 1st time under Trump's 2nd term
South Korea has imported crude oil from Canada for the first time amid escalating tariff tensions between the US and Canada since Donald Trump's ret...
Samsung, Perplexity close to AI alliance: Bloomberg
Samsung Electronics Co. is reportedly in advanced talks to equip its next flagship Galaxy smartphone series with the artificial intelligence-powered...
HD Hyundai Group joins S.Korea’s 100 trillion won market cap club
South Korean shipbuilding conglomerate HD Hyundai Group has joined South Korea’s elite club of conglomerates with a market capitalization exce...
OpenAI sets up entity in Korea with most paid ChatGPT users outside US
OpenAI Inc., the creator of generative AI ChatGPT, has established a legal entity in South Korea, which has the largest number of paying ChatGPT sub...
SK Earthon secures rights to explore 2 offshore oil blocks in Indonesia
SK Earthon Co., the petroleum exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., has secured rig...
Vietnam, gateway for SK Group’s global renewable energy push
TIEN GIANG, VIETNAM – Off the coast of Vietnam’s Tien Giang Province, 36 wind turbines spin steadily with a constant whoosh and swish, g...
Bid heats up for IGIS-owned co-living building in Seoul
An auction for a co-living building, owned by South Korea’s top real estate asset management firm IGIS Asset Management Co., in the hip Hongda...
Samsung flexes financial muscle as insurance, card units top rankings
Samsung Group’s financial affiliates are closing in on KB Financial Group for the top spot in South Korea’s financial services sector, u...
SK Group seeks to sell SK Signet as part of sweeping portfolio realignment
South Korea’s second-largest conglomerate SK Group is seeking to divest SK Signet Inc., four years after acquiring the EV charger manufacturin...
Korean firms rush to issue bonds ahead of presidential election
South Korean companies are flocking to the corporate bond market ahead of the country’s presidential election early next month, seeking to loc...
