K-beauty contract manufacturers see record Q2 profits; rally likely to continue

South Korea’s major original design manufacturers (ODMs) for cosmetics, led by Cosmax Inc. and Kolmar Korea Co., are estimated to have posted ...
South Korea’s major original design manufacturers (ODMs) for cosmetics, led by Cosmax Inc. and Kolmar Korea Co., are estimated to have posted ...
As global automakers raise prices in the US market to respond to new Washington import tariffs, South Korea’s Hyundai Motor Group is taking th...
South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabili...
Celltrion Holdings Co. has secured 1 trillion won ($732 million) in fresh funding and plans to spend half of it this year to buy shares in its biosi...
NH Investment & Securities Co. retained its lead in South Korea’s equity capital market (ECM) in the first half, riding a surge in large-s...
Affinity Equity Partners has unloaded its remaining shares in Shinhan Financial Group, the second largest banking group in South Korea, for about 58...
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...
Hyundai Motor Group has claimed seven out of 12 categories in US News & World Report’s Best Cars for Teens for 2025 awards, marking its fo...
The Pinkfong Company Inc., the creator of the billion-view video Baby Shark, has launched the process of an initial public offering on South Korea&r...
Global private equity firm KKR & Co. Inc., formerly known as Kohlberg Kravis Roberts & Co., has sold a 9.5% stake in HD Hyundai Marine Solut...
South Korea has suspended chicken imports from Brazil following the outbreak of highly pathogenic avian influenza (HPAI) in the South American count...
Centroid Investment Partners, a South Korean private equity firm, has confirmed plans to divest its controlling stake in US sports equipment manufac...
Lotte Group, South Korea’s fifth-largest conglomerate by assets, will buy back a stake in Lotte Global Logistics Co. from the latter’s f...
North Asia-focused private equity firm MBK Partners’ second attempt to exit Lotte Card Co., South Korea’s fifth-largest car issuer, is g...
CJ CheilJedang Corp., South Korea’s largest food company, has cancelled the sale of a 66% stake in Brazilian soybean crusher CJ Selecta S.A. a...
POSCO Holdings Inc. has raised second-quarter prices of thick plates used in vessels amid concerns over tighter supply after South Korea levied anti...
LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global ...
Hylium Industries Inc., South Korea’s hydrogen liquefier manufacturer, has signed a deal to supply high-capacity liquefied hydrogen storage ta...
Kakao Corp., South Korea’s largest mobile platform, is looking to sell a majority stake in Kakao Entertainment Corp., dropping a plan to take ...
Kakao Entertainment Corp. has been divesting unprofitable music labels and digital content platforms, which it has gobbled up over the past few year...
A consortium of IMM Private Equity Inc. and IMM Investment Corp. has secured full ownership of Hyundai LNG Shipping, South Korea’s top liquefi...
LG Electronics Inc. is set to list its wholly owned subsidiary in India on the country's stock exchange in early May, aiming to raise up to $1.5 bil...
SK On Co. has landed a deal to supply nearly 100 gigawatt hours (GWh) of electric vehicle batteries to Japanese carmaker Nissan Motor Co., which cou...
Hanwha Energy Corp., wholly owned by Hanwha Group Chairman Kim Seung-youn’s three sons, has embarked on the process of going public – a ...
Affinity Equity Partners and Singapore’s sovereign wealth fund GIC have sold their entire stake in Kyobo Life Insurance Co., exiting from thei...
Seoul Guarantee Insurance Co. (SGI) will raise 181.5 billion won ($124.2 million) through an initial public offering later this month in its second ...
LG Group Chairman Koo Kwang-mo visited LG Electronics Inc.'s factory and research center in India in late February as it plans to list its Indian ar...
CHA Biotech Co., South Korea’s leading stem cell therapeutics developer, plans to resume an initial public offering of CHA Healthcare Co., a m...
LG Electronics Inc. posted its largest-ever sales in India in 2024, providing a boost to the planned initial public offering of its Indian unit this...