Hanwha-owned burger chain Five Guys Korea up for sale two years after launch
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...
KPop Demon Hunters OST lands at No.6 on Billboard Hot 100
The original soundtrack Golden from Netflix’s hit animated movie KPop Demon Hunters has made chart history, becoming the first track by a virt...
South Korea’s Lee completes cabinet lineup with IT executive, lawmaker
South Korean President Lee Jae Myung has tapped an information technology firm executive as culture minister and a ruling party lawmaker as land min...
HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders
HD Hyundai Co., the world’s largest shipbuilding group based in South Korea, has signed a memorandum of understanding with India’s large...
S.Korea’s extra budget approved; IBs lift economic forecast
South Korea’s National Assembly, controlled by the ruling Democratic Party, on Friday passed the country’s new extra budget worth 31.8 t...
Korean commercial act revision to drive reevaluation of equities: J.P. Morgan
J.P. Morgan, a leading US investment bank, has thrown its weight behind South Korea’s landmark commercial act revision, saying that the new go...
S.Korea names budget veteran as finance minister to prop up economy
South Korean President Lee Jae-myung on Sunday appointed Koo Yoon-cheol, former head of the budget office, as finance minister as the government is ...
Hyundai helps Korean economy most with $265 bn contribution
Hyundai Motor Group, the world’s third-biggest automaker, generated the most economic value among major South Korean conglomerates last year, ...
MSCI maintains S.Korea’s emerging-market status; level playing field eyed
South Korea’s years-long bid for developed-market status has suffered yet another setback after global index provider MSCI Inc. declined to ad...
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 ...
Kolmar patriarch wants shares gifted to son back amid sibling rivalry
In a dramatic and unprecedented legal move that has shaken South Korea’s corporate landscape, Kolmar Group founder and Chairman Yoon Dong-han ...
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...
World Vision becomes 1st Korean corporate entity to trade crypto
Non-government organization World Vision Korea has sold its Ethereum holdings, becoming the first Korean legal entity to trade crypto after the Sout...
SpaceX’s Starlink, Eutelsat’s OneWeb land in Korea for LEO satellite services
South Korea has officially cleared the way for low-earth orbit (LEO) satellite internet services, granting regulatory approval for SpaceX’s St...
Rental housing gains appeal amid supply crunch: asset managers
The rental housing markets in the US, Europe and Australia present attractive investment opportunities as persistent supply shortages and rising urb...
Celltrion shares rise after bonus issue announcement
Celltrion Inc., South Korea’s largest biosimilar developer, will issue bonus shares to bolster its stock performance, which has been in the do...
Korean pension funds, insurers seek customized investment vehicles
South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as ...
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...
Hyundai Rotem lands $301 mn Taiwan driverless train deal
Hyundai Rotem Co. has won a 420 billion won ($301 million) order to build autonomous electric trains for Taiwan’s Taichung Metro, adding to a ...
RedotPay lands in Seoul with crypto cards
RedotPay, a Hong Kong-based blockchain fintech company, has arrived in South Korea with its cryptocurrency-based payment cards and is poised to disr...
Kyobo Life poised to buy Japan’s SBI Group-owned savings bank
Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savin...
Korea not to appeal ruling in favor of Mason Capital in Samsung case
South Korea said on Friday it has decided not to appeal a Singaporean court’s rejection of its lawsuit to annul an investor-state dispute sett...
South Korea to boost aid for chipmakers to $23 billion, expanding extra budget
South Korea’s government is planning to increase support for chip makers to around $23 billion, proposing a bigger-than-expected supplementary...
Dongwon Industries to delist wholly owned Dongwon F&B
Dongwon Industries Co., the holding company of South Korea’s seafood-to-logistics Dongwon Group, will delist its canned tuna-manufacturing sub...
Colliers to lead $689 million sale of IGIS Asset-owned Signature Tower
Colliers Korea, a unit of global real estate asset management group Colliers, has been chosen as the adviser for the sale of Signature Tower in cent...
Hyundai-owned Boston Dynamics’ Spot embarks on public safety missions
Spot, a quadruped robot developed by Boston Dynamics Inc., will aid defense and safety agencies in Australia, New Zealand and Indonesia to assist in...
Korea’s WGBI inclusion moved to next April; Seoul works on policy steps
South Korea’s much-anticipated inclusion of its bonds in the FTSE World Government Bond Index (WGBI) has been postponed to April 2026 from Nov...
ABL Bio lands $2.8 billion license-out deal with GSK
ABL Bio Inc., a South Korean biotech company, will license out its proprietary blood-brain barrier shuttle platform, called the Grabody-B, to UK-bas...
IMM consortium owns 100% of Hyundai LNG Shipping; Stake sale eyed
A consortium of IMM Private Equity Inc. and IMM Investment Corp. has secured full ownership of Hyundai LNG Shipping, South Korea’s top liquefi...
MBK sees better exit landscape in 2025, bets on governance reform
MBK Partners sees a recovery in the exit environment in 2025 and seeks to capitalize on the opportunities emerging from corporate governance reform ...
