DB Insurance in talks to buy US auto insurer Fortegra in $1.5 billion deal

DB Insurance in talks to buy US auto insurer Fortegra in $1.5 billion deal

DB Insurance Co., a leading South Korean non-life insurance company, is in advanced talks to acquire US-based insurer Fortegra in a deal that could ...

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...

DB Insurance becomes Daol Investment’s No.2 shareholder

DB Insurance becomes Daol Investment’s No.2 shareholder

DB Insurance Co., a leading South Korean non-life insurance company, has become Daol Investment & Securities Co.'s second-largest shareholder af...

DB GlobalChip forays into mobile phone OLED driver chip market

DB GlobalChip forays into mobile phone OLED driver chip market

DB GlobalChip Co., the chip design subsidiary of South Korea’s chip foundry company DB HiTek Co., has begun mass-producing organic light-emitt...

Korea Inc. to face refunding risks with record corporate bond maturities

Korea Inc. to face refunding risks with record corporate bond maturities

South Korean companies are expected to face refunding risks thanks to record corporate bond maturities in the first half of 2025, as fundraising con...

Korea Inc. rushes to booming local corporate bond market

Korea Inc. rushes to booming local corporate bond market

South Korean companies are rushing to raise money in the local corporate bond market, which is unusually buoyant at year's end amid expectations of ...

Shinsegae Group splits E-Mart, department store with executive reshuffles

Shinsegae Group splits E-Mart, department store with executive reshuffles

South Korea’s retail giant Shinsegae Group on Wednesday carried out one of its most drastic executive reshuffles, officially splitting the gro...

MBK’s Korea Zinc takeover attempt to spur search for white knights

MBK’s Korea Zinc takeover attempt to spur search for white knights

North Asia-focused private equity firm MBK Partners Ltd.’s attempt to take control of Korea Zinc Inc. and the country’s plan to require ...

DB Insurance outshines domestic rivals in global business

DB Insurance outshines domestic rivals in global business

DB Insurance Co. raked in the biggest profits from overseas operations among South Korean insurance companies in the first half of this year, leadin...

SK Innovation to be Asia’s top energy company through merger

SK Innovation to be Asia’s top energy company through merger

SK Innovation Co., South Korea’s largest energy company, is set to become the industry leader in Asia through a merger with an affiliate while...

SK Inc. in talks to sell Pharmteco’s US CDMO plant to Novo Nordisk

SK Inc. in talks to sell Pharmteco’s US CDMO plant to Novo Nordisk

SK Inc., the holding and investment company of SK Group, South Korea’s second-largest conglomerate, is negotiating to sell a major asset of it...

SK Ecoplant seeks to absorb SK Materials' industrial gas units

SK Ecoplant seeks to absorb SK Materials' industrial gas units

SK Ecoplant Co., a South Korean construction engineering and waste management company, is seeking to absorb the profit-making subsidiaries of SK Mat...

Southeast Asia, Korea Inc’s new IT outsourcing powerhouse

Southeast Asia, Korea Inc’s new IT outsourcing powerhouse

PHNOM PENH – South Korean technology companies grappling with prolonged software developer shortages are actively broadening their search for ...

Korea Inc.’s AI executives double with LG Group leading the pack

Korea Inc.’s AI executives double with LG Group leading the pack

The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled in the ...

Korea Inc. nearly triples dividend payments in decade

Korea Inc. nearly triples dividend payments in decade

Cash dividend payments by companies listed on the Korea Exchange, the country's main bourse, have nearly tripled in a decade. They have returned a l...

Korea Inc. ups dividend payouts despite falling net income

Korea Inc. ups dividend payouts despite falling net income

South Korean companies listed on the main bourse Kospi raised their dividend payouts between 2021 and 2023 despite falling net income in the same pe...

KIDI to build insurance infrastructure in Vietnam

KIDI to build insurance infrastructure in Vietnam

The Korea Insurance Development Institute (KIDI) announced on Friday that it signed a business agreement with the Vietnam Insurance Development Inst...

Daewoong Pharmaceutical digitizes DB of 800 mn chemical compounds

Daewoong Pharmaceutical digitizes DB of 800 mn chemical compounds

South Korea's Daewoong Pharmaceutical announced on Monday that it has established a drug development system Daewoong AI System (DAISY) which combine...

Korean banks flock to Poland, Korean Inc.’s new manufacturing hub

Korean banks flock to Poland, Korean Inc.’s new manufacturing hub

South Korean banks are in a race to advance into Poland to support Korean companies rushing to build factories in the new offshore manufacturing hub...

SK Chair Chey calls on cousin for help in group management

SK Chair Chey calls on cousin for help in group management

SK Group Chairman Chey Tae-won has called on his cousin to help in the management of South Korea’s No. 2 conglomerate as it faces the challeng...

Korea Inc.’s dividend repatriation soars on new tax breaks

Korea Inc.’s dividend repatriation soars on new tax breaks

Major companies in South Korea, such as affiliates of Samsung, LG and Hyundai Motor Group, are bringing larger amounts of capital back home from abr...

Korea Inc.’s record short-term borrowing raises specter of debt overhang

Korea Inc.’s record short-term borrowing raises specter of debt overhang

South Korea’s short-term corporate loan growth is picking up at a fast pace, stirring concern among some analysts who see parallels to the 200...

Korea Inc. to focus more on India, Vietnam as biz partners

Korea Inc. to focus more on India, Vietnam as biz partners

South Korean companies are set to concentrate more on business with emerging markets including India and Vietnam than Asian major countries such as ...

SK Pharmteco to raise $500 mn in pre-IPO, aims for 2025 listing

SK Pharmteco to raise $500 mn in pre-IPO, aims for 2025 listing

SK Pharmteco Co., South Korean conglomerate SK Group’s contract development and manufacturing organization (CDMO), is set to raise $500 millio...

DB Insurance acquires Vietnam's 9th largest insurance company

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...

DB Group, T&T Group sign agreement for business corporation

DB Group, T&T Group sign agreement for business corporation

DB Group, South Korea's conglomerate, announced on Tuesday that it has signed a memorandum of understanding (MOU) for business collaboration with Vi...

SK, KHNP partner with TerraPower for SMR development

SK, KHNP partner with TerraPower for SMR development

SK Inc., SK Innovation Co. are partnering with Korea Hydro & Nuclear Power Co. (KHNP) and TerraPower,  a US small modular reactor (SMR) des...

KCGI’s ascent to intensify family feud over DB control; DB stocks rally

KCGI’s ascent to intensify family feud over DB control; DB stocks rally

A sibling feud over management control of DB Group is expected to intensify following the ascent of South Korean activist fund Korea Corporate Gover...

S.Korean activist fund KCGI eyes foundry DB HiTek buyout

S.Korean activist fund KCGI eyes foundry DB HiTek buyout

Korea Corporate Governance Improvement Fund (KCGI) is eyeing a controlling stake in DB HiTek Co. as the activist fund became the second-largest shar...

Chip foundry DB HiTek's stock near 10-month peak on activist fund

Chip foundry DB HiTek's stock near 10-month peak on activist fund

South Korean leading foundry chipmaker DB HiTek’s stock price hit a near 10-month high this week as a domestic activist fund bought a stake to...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared