Battery materials firms revive Korean cities with new plants

As South Korean battery materials companies such as LG Chem Ltd., POSCO Future M Co. and EcoPro Co. aggressively step up facility investment, they a...

Affirma Capital’s Korean MD Thomas Shim promoted to partner

Global private equity firm Affirma Capital has promoted Seoul-based Managing Director Min Hyun (Thomas) Shim to partner, investment banking sources ...

CU marks first entry of S.Korean convenience store into Kazakhstan

South Korean convenience store heavyweight, CU, has announced its first foray into Central Asia, beginning with Kazakhstan. The retailer's goal is t...

LG Chem to sell $1.6 bn stake in LG Energy to foreign investors

South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in it...

Vertex Ventures US upbeat for data startups

The healthcare, manufacturing, mobility and retail sectors were slower to adopt digital technologies than the telecom and e-commerce industries in...

DB Insurance acquires Vietnam's 9th largest insurance company

DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi...

CJ Logistics, Evergreen sign agreement for logistics cooperation

South Korea's CJ Logistics has entered into mutual cooperation with the Taiwan-based global shipping company Evergreen Marine Corporation for the ...

Korea’s GS E&C holds first global HR conference in Mumbai

GS Engineering & Construction Co. announced on Friday that it recently held the “1st Global HR Leaders Conference” attended by chief...

POSCO targets robotic automation solutions for new growth

SEONGNAM, Gyeonggi Province -- POSCO DX Co., the IT services subsidiary of South Korea’s largest steelmaker POSCO Group, aims to enter the rob...

GEPS taps Apollo, EQT, Warburg for buyout, growth equity

South Korea’s Government Employees Pension Service (GEPS) selected Apollo Global Management, Warburg Pincus and Sweden-based EQT Partners as i...

SK Biopharm’s Cenobamate gets nod in Canada, to boost US sales

South Korea’s SK Biopharmaceuticals Co. has obtained the sales approval for its antiepileptic treatment Cenobamate in Canada, paving the way f...

S.Korea’s Hanwha Securities to acquire Ciptadana in Indonesia

Hanwha Investment & Securities announced on Thursday that it has decided to acquire Indonesia's Ciptadana Securities and Ciptadana Asset Managem...

Samsung's C-Lab participates in Europe's largest startup exhibition

Samsung Electronics Co.'s C-Lab showcases K-innovation at Europe's largest startup exhibition, paving the way for global market expansion.South Ko...

Chip prices likely to rise in H2: KB Securities

KB Securities predicted on Thursday that semiconductor prices are likely to rise in the second half of the year due to the decrease in production ca...

Hyundai Group chief calls on PE firm help to defend against Schindler

South Korea’s conglomerate Hyundai Group Chairwoman Hyun Jeong-eun is seeking money from a local private equity firm to defend the management ...

STX to promote lithium business with Chinese company

South Korea's general trading company STX announced on Wednesday its plans to accelerate its lithium business with a leading Chinese lithium produce...

Big Tech, Japanese comics publishers target webtoon business

Big Tech have started webtoon services while major Japanese comic book publishers are gearing up for the business, threatening South Korea’s o...

OpenAI’s Sam Altman seeks help from Korean startups, chipmakers

Sam Altman, chief executive of Microsoft-backed OpenAI and ChatGPT creator, said on Friday that he hopes to collaborate with South Korean developers...

S.Korean beauty brands lean toward social media stars

AmorePacific Corp.'s new brand launch in February with top South Korean social media influencer Lee Sa-bae created a sensation in the domestic cosme...

Samsung Electronics makes 17-fold gains from investment in ASML

Slightly more than a decade ago, ASML Holding N.V. had to reach out to its customers such as Samsung Electronics Co., Intel Corp. and Taiwan Semicon...

Celltrion to develop Humira biosimilar oral medication with US firm

South Korea's biopharmaceutical company Celltrion Inc. announced on Monday that it has signed a contract with the US biotech firm Rani Therapeutics ...

Korean startups opt for Konex, loans for survival during IPO winter

South Korea's anemic initial public offering market has forced the country’s startups to become more creative in raising funds as they shift t...

POSCO Group, SKC to jointly develop lithium metal cathode material

South Korea’s POSCO Group and SKC will jointly develop a dream lithium metal cathode material for commercialization by 2026 under a strategy t...

Notice of share sales in PT Bayan Resources Tbk & Moolarben Joint Venture

Notice of Share Sales in PT Bayan Resources Tbk I. Overview of sale 1. Sellers: Korea Southern Power Co., Ltd.(“KOSPO”), Korea S...

SK Ecoplant seeks to establish eco holding firm, sell 40% stake to PEFs

SK Ecoplant Co. is seeking to establish an interim holding firm for its waste management subsidiaries and sell its stake to private equity firms as ...

Doosan Enerbility joins global fusion project ITER

South Korea’s Doosan Enerbility Co. will supply pressurizers to the global fusion project International Thermal Experimental Reactor (ITER) ...

Lotte to open Silicon Valley corporate venture capital unit

Lotte Group, a South Korean retail-to-chemical conglomerate, is set to launch a corporate venture capital (CVC) business in Silicon Valley, the glob...

LS Cable wins $142 mn contract to supply submarine cables to Taiwan

South Korea's LS Cable & System has secured a 189.2 billion won ($142 million) contract with Orsted, Denmark-based world’s leading offshor...

Hyundai E&C, Holcim to jointly develop low-carbon construction materials

South Korea's Hyundai Engineering & Construction (E&C) said on Thursday that it has established an agreement with Holcim, a renowned global ...

Samyang secures contract for supplying filler with Chinese company

South Korea's Samyang Holdings announced on Thursday that it has signed a partnership agreement with Hangzhou Yxintent, a Chinese medical device a...