Kakao Pay backs out of acquisition deal for Shinsegae’s SSG Pay, Smile Pay

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
South Korea’s Hanwha Group is seeking to sell the Korean operations of US premium burger chain Five Guys, two years after the brand’s hi...
Korean food is making waves globally, but back home, the story is different for food and beverage franchise operators. Franchisors in South Korea ar...
The original soundtrack Golden from Netflix’s hit animated movie KPop Demon Hunters has made chart history, becoming the first track by a virt...
CJ Olive Young Corp., South Korea’s top beauty store chain, is another beneficiary of the global K-beauty surge, with its online cosmetics sal...
In a dramatic showing on the famed hill climb of West Sussex, Hyundai Motor Co. on Thursday debuted the IONIQ 6 N, its second high-performance elect...
Financial investors in Chorocmaeul Co., a South Korean organic food store chain, are seeking to sell the management control of the company, which re...
POSCO, South Korea’s largest steelmaker, has sold Zhangjiagang Pohang Stainless Steel (PZSS), its loss-generating stainless steel joint ventur...
South Korea’s top financial regulators and its stock exchange operator will launch a joint task force to strengthen oversight of unlawful fina...
K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market this month after a strong turnaround. The deal, estimated at 500 ...
Samsung Electronics Co.'s operating profit in the second quarter missed market expectations, with a 56% on-year fall, as its mainstay semiconductor ...
The sale of Pangyo Tech 1, a landmark office tower in Pangyo, South Korea’s answer to the US' Silicon Valley, has drawn strong bidding interes...
South Korea's ruling Democratic Party’s proposal to strengthen protections for minority investors and enhance board independence has secured t...
Shilla Stay Seodaemun has been put on the market again amid signs of a recovery in South Korea’s hospitality industry, after earlier attempts ...
Now the wait is over.BTS are back – as a full-member group after a four-year hiatus.The seven-member boy band is returning with a new album in...
Samsung Electronics Co. is likely to deliver weaker-than-expected results for the second quarter, with operating profit estimated to decline by more...
LG Electronics Inc., South Korea’s leading electronics company, is doubling down on its bid to lead the burgeoning global heating, ventilation...
Goldman Sachs, in partnership with JB Asset Management Co., has acquired Mercure Ambassador Seoul Hongdae, a prominent mixed-use commercial property...
South Korea raised 1.4 billion euros ($1.6 billion) through a euro bond sale on Thursday, marking the country's largest-ever euro-denominated debt i...
Douzone Bizon Co., South Korea’s leading homegrown enterprise software firm and the country’s No. 2 player in the enterprise resource pl...
Affinity Equity Partners has unloaded its remaining shares in Shinhan Financial Group, the second largest banking group in South Korea, for about 58...
South Korean fashion retailer F&F Co., the largest strategic investor in TaylorMade Golf Co., has announced a bid for the golf equipment and app...
Krafton Inc., a major South Korean game publisher, has acquired Japan's leading advertising and animation group ADK for 75 billion yen ($517 million...
Samsung Electronics Co. is on a hiring spree for senior sales managers in its foundry business, offering generous compensation packages, as it goes ...
Hana Asset Management Co. will list the “1Q US Nasdaq 100 ETF” on Tuesday, an exchange-traded fund that tracks the Nasdaq 100 index with...
Google LLC has signed an agreement to invest about 145.0 billion won ($100 million) in Gentle Monster, the South Korean fashion eyewear brand that i...
LG Display Co., the world’s top large-sized organic light-emitting diode (OLED) panel maker, will invest 1.26 trillion won ($925.4 million) to...
Affirma Capital, a Singapore-headquartered buyout private equity firm, has agreed to acquire the entire portfolio of South Korean waste processing a...
Anchor Equity Partners, a Hong Kong-based private equity firm, is putting its majority stake in South Korea’s top children’s smart educa...
MBK Partners and Mirae Asset Securities Co. are considering divesting of their holdings in CGI Holdings Co., which oversees CJ CGV Co.’s multi...