Daishin, Hanwha seen leading bid for S.Korea’s top real estate investor IGIS Asset

Daishin, Hanwha seen leading bid for S.Korea’s top real estate investor IGIS Asset

The sale of a controlling stake in South Korea’s top real estate asset management firm IGIS Asset Management Co. is picking up pace, with Dais...

Hyundai to roll out 1st electric SUV tailored for China in September

Hyundai to roll out 1st electric SUV tailored for China in September

Hyundai Motor Co. is set to unveil its first electric sports utility vehicle designed for the Chinese market in September to stage a comeback in the...

Air Liquide in exclusive talks for South Korea’s DIG Airgas for over $3.3bn

Air Liquide in exclusive talks for South Korea’s DIG Airgas for over $3.3bn

Air Liquide SA, a French multinational industrial gas and services company, is eyeing a return to South Korea after its exit a decade ago, as it is ...

Korea’s retail giant E-Land mulls sale of some F&B brands

Korea’s retail giant E-Land mulls sale of some F&B brands

South Korea’s retail giant E-Land Group is considering restructuring its food and beverage (F&B) business by selling struggling dining and...

Millennium Management to invest $252 mn in Korean stocks for first time

Millennium Management to invest $252 mn in Korean stocks for first time

Millennium Management LLC, a US major hedge fund, is set to invest about $252 million in South Korean stocks for the first time, local asset managem...

JP Morgan advises sale of Korea’s professional network Remember   

JP Morgan advises sale of Korea’s professional network Remember   

JP Morgan has been appointed to lead the sale of Remember & Company, the South Korean firm behind the country’s popular business card and ...

Lotte’s casino earnings soar as Chinese punters return to Jeju; other casino operators follow suit

Lotte’s casino earnings soar as Chinese punters return to Jeju; other casino operators follow suit

Lotte Tour Development Co. has posted its highest-ever quarterly operating profit, powered by a surge in Chinese tourists to South Korea’s top...

K-pop takes over Britpop: KPop Demon Hunters tops UK Official Charts

K-pop takes over Britpop: KPop Demon Hunters tops UK Official Charts

KPop Demon Hunters, Netflix's most-watched original animated film of all time, continues its record-breaking streak. Its fictional girl group Huntri...

KPop Demon Hunters sets record as Netflix’s most-watched anime

KPop Demon Hunters sets record as Netflix’s most-watched anime

KPop Demon Hunters has become the most-watched original animated film of all time on Netflix, according to a Facebook post by the streaming platform...

S.Korea to hike corporate taxes, broaden shareholder tax base

S.Korea to hike corporate taxes, broaden shareholder tax base

South Korea’s government and ruling Democratic Party on Tuesday agreed to raise the top corporate tax rate and lower the capital gains thresho...

Yulchon, FleishmanHillard sign partnership to strengthen shareholder activism advisory

Yulchon, FleishmanHillard sign partnership to strengthen shareholder activism advisory

Yulchon LCC, one of South Korea’s leading law firms, has signed a memorandum of understanding with FleishmanHillard Korea to strengthen their ...

K-content reign continues as Squid Game returns in force

K-content reign continues as Squid Game returns in force

Korean content swept across 93 countries on Netflix in the first half of this year, captivating global audiences with a wider range of genres from d...

S.Korea’s most prominent business leader returns with all charges cleared

S.Korea’s most prominent business leader returns with all charges cleared

After nearly a decade spent fighting allegations of corporate wrongdoing, Samsung Electronics Co. Chairman Lee Jae-yong has been acquitted on all ch...

HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch

HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch

HYBE Co., a South Korean music powerhouse, is turning up the heat this summer with a wave of major releases, including a live album from its flagshi...

Return of the K-pop queens: Blackpink, Twice power up YG, JYP

Return of the K-pop queens: Blackpink, Twice power up YG, JYP

Blackpink and Twice, two of South Korea’s most prominent K-pop female acts, made high-profile returns on Friday with new releases, heightening...

Organic food chain Chorocmaeul up for sale amid liquidity woes

Organic food chain Chorocmaeul up for sale amid liquidity woes

Financial investors in Chorocmaeul Co., a South Korean organic food store chain, are seeking to sell the management control of the company, which re...

South Korea’s ex-President Yoon re-arrested over martial law decree

South Korea’s ex-President Yoon re-arrested over martial law decree

Former South Korean President Yoon Suk Yeol was taken back into custody early Thursday over his short-lived martial law declaration last December, a...

S.Korea to overhaul retirement pension system, introduce competition for higher returns

S.Korea to overhaul retirement pension system, introduce competition for higher returns

South Korea is planning a sweeping overhaul of its corporate retirement pension system by introducing a competitive, fund-based model that would pit...

BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders

BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders

BTS member Suga and former Major League Baseball (MLB) pitcher Chan Ho Park are putting their money on the Athletics, formerly the Oakland Athletics...

S.Korea’s pension fund NPS posts weaker returns amid US tariff concerns

S.Korea’s pension fund NPS posts weaker returns amid US tariff concerns

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is posting sh...

KKR in control feud over Korea’s top solar power plant

KKR in control feud over Korea’s top solar power plant

Global private equity giant KKR & Co. Inc. is embroiled in a management dispute over South Korea’s top solar power plant with key individu...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge

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...

Miri Capital closes in on STIC Investments chairman’s stake

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...

NPS logs 0.87% return from first-quarter investment

NPS logs 0.87% return from first-quarter investment

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, announced on ...

DB Group eyes Hanyang Securities amid KCGI deal uncertainty

DB Group eyes Hanyang Securities amid KCGI deal uncertainty

DB Group, which owns DB Securities Co. and DB Insurance Co., is considering acquiring Hanyang Securities Co., as a deal by South Korean private equi...

Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal

Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal

Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...

NPS to ramp up shareholder engagement with overseas companies

NPS to ramp up shareholder engagement with overseas companies

South Korea’s National Pension Service (NPS) plans to deepen shareholder engagement with its foreign portfolio companies, signaling a more ass...

NPS gobbles up Korea’s top 4 financial holding stocks

NPS gobbles up Korea’s top 4 financial holding stocks

South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the country’s top four fina...

KIC bets on Asian real estate; eyes residential, data centers

KIC bets on Asian real estate; eyes residential, data centers

The Korea Investment Corporation (KIC) is zeroing in on Asia’s real estate market by region, while targeting residential facilities and data c...

S.Korea’s Naver to launch Silicon Valley venture arm in aggressive AI push

S.Korea’s Naver to launch Silicon Valley venture arm in aggressive AI push

Naver Corp., South Korea’s top internet portal operator, plans to set up a dedicated venture capital arm in Silicon Valley in a move seen as a...

Hyundai speeds up Africa-Middle East drive with Algeria plant Korean investors pile up Hong Kong shares on China tech surge S.Korea cracks down on Chinese color-coated steel plate tariff evasion HMM to buy back $1.5 bn shares, paving way for KDB’s fund recovery Mastern Investment puts 13 E-Mart outlets up for sale in package deal