South Korean airlines bank on China routes for profit recovery

South Korean airlines bank on China routes for profit recovery

South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabili...

Cohen & Steers names Andrew Shin to lead S.Korea institutional business

Cohen & Steers names Andrew Shin to lead S.Korea institutional business

US-based investment firm Cohen & Steers Inc. has appointed Andrew Shin, a 20-year veteran of the institutional investment market, as vice presid...

Shinsegae, Ascent Equity Partners weigh acquisition of C&C International

Shinsegae, Ascent Equity Partners weigh acquisition of C&C International

South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...

Korean financial firms launch global IR blitz to woo foreign capital  

Korean financial firms launch global IR blitz to woo foreign capital  

Chiefs of South Korea’s major financial groups – Shinhan, Woori and iM – are ramping up global investor outreach with new sharehol...

NPS pours $3.9 bn to buttress Korean stock market

NPS pours $3.9 bn to buttress Korean stock market

South Korea’s National Pension Service, the country’s largest institutional investor, has come to the rescue of the domestic stock marke...

Strong momentum in non-US markets, digital real estate: Principal AM CEO

Strong momentum in non-US markets, digital real estate: Principal AM CEO

It is time to shift focus toward non-US markets after years of stellar performance of US assets driven by the robust world’s No. 1 economy, sa...

Korea’s KG Mobility teams up with Chery to develop mid to large SUVs

Korea’s KG Mobility teams up with Chery to develop mid to large SUVs

KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-larg...

K-beauty shake-up: APR, Shinsegae rise as Aekyung declines

K-beauty shake-up: APR, Shinsegae rise as Aekyung declines

South Korea’s beauty industry is undergoing a major reshuffle, with new players rising to prominence while established giants face growing com...

South Korea’s pension fund NPS risks massive loss from Homeplus fiasco

South Korea’s pension fund NPS risks massive loss from Homeplus fiasco

South Korea’s National Pension Service (NPS), the nation’s biggest institutional investor, could lose more than 1 trillion won ($692 mil...

Samsung lowers bar on hiring foreign talent in South Korea

Samsung lowers bar on hiring foreign talent in South Korea

South Korea’s biggest business group Samsung has sweetened the pot to win the technology talent war by lowering the bar for new hires of forei...

LX International seeks to acquire nickel, copper mines in Indonesia

LX International seeks to acquire nickel, copper mines in Indonesia

LX International Corp., the trading unit of South Korea’s LX Group, said on Friday it is seeking to acquire a nickel mine and a copper mine in...

Korean exports snap 15 months of gains in Jan despite higher chip sales

Korean exports snap 15 months of gains in Jan despite higher chip sales

South Korea’s exports dropped in January on-year for the first time in 16 months due to more holiday days in the month, although overseas sale...

SK On to complete merger with SK Enterm on Feb. 1

SK On to complete merger with SK Enterm on Feb. 1

Electric vehicle battery maker SK On Co. said on Friday it is set to complete a merger with crude oil storage tank operator SK Enterm Co. on Feb. 1 ...

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...

SK Bioscience, Sanofi to develop next-gen pneumococcal vaccines

SK Bioscience, Sanofi to develop next-gen pneumococcal vaccines

South Korea's SK Bioscience Co. said on Friday it signed an expanded agreement with Sanofi to co-develop next-generation pneumococcal conjugate vacc...

Leonardo's Coulter named Hanwha Aerospace’s 1st foreign global chief

Leonardo's Coulter named Hanwha Aerospace’s 1st foreign global chief

Hanwha Aerospace Co., a leading South Korean defense company, said on Monday it has hired Michael Coulter, a former senior executive at US-based Ita...

Sono International seeks IPO in 2025 with $2.1 billion in corporate value

Sono International seeks IPO in 2025 with $2.1 billion in corporate value

South Korea’s top resort operator Sono International Co. is seeking an initial public offering of its shares on the Korean market next year, r...

NPS enjoys 9.2% return as of Q3 on bullish US stocks

NPS enjoys 9.2% return as of Q3 on bullish US stocks

The National Pension Service (NPS), South Korea’s largest institutional investor, reported a preliminary 9.18% return from investments, equiva...

Former ADOR CEO Min unfollows NewJeans' SNS

Former ADOR CEO Min unfollows NewJeans' SNS

Min Hee-jin, the former CEO of ADOR, HYBE Co. 's label behind the K-pop girl group NewJeans, announced her resignation as the label's internal direc...

S.Korean firms bet big on US LNG market under new Trump gov't

S.Korean firms bet big on US LNG market under new Trump gov't

South Korean energy and shipbuilding companies are gearing up for a swift advance into the US liquefied natural gas (LNG) market, which is expected ...

US private equity giant Apollo opens Seoul office for APAC expansion

US private equity giant Apollo opens Seoul office for APAC expansion

Apollo Global Management Inc., a US private equity powerhouse, said on Monday it has opened an office in Seoul to expand its business in the Asia Pa...

State-run think tank KDI slashes GDP forecast, urges BOK to cut rates

State-run think tank KDI slashes GDP forecast, urges BOK to cut rates

The Korea Development Institute (KDI), South Korea’s state-run think tank, has slashed its forecasts for the country’s economic growth f...

GC establishes generative AI platform Hey GC

GC establishes generative AI platform Hey GC

South Korea's Green Cross Holdings Corp. (GC) said on Tuesday it established its generative AI standard platform Hey.GC.Hey.GC is designed to improv...

Huonslab strengthens HyDIFFUZE IP with completion of US, EU examination request under PCT application

Huonslab strengthens HyDIFFUZE IP with completion of US, EU examination request under PCT application

South Korea’s Huonslab Co., a subsidiary of Huons Global Co. and a global leader in recombinant human hyaluronidase-based biologics Sub-Q deli...

HD Hyundai Infracore wins diesel engine award in Italy

HD Hyundai Infracore wins diesel engine award in Italy

South Korea's HD Hyundai Infracore Co.'s new diesel engines were selected as the best diesel engines of the year in Italy.This marks the first time ...

LG unveils AI-powered commercial washers, dryers in renewed B2B push

LG unveils AI-powered commercial washers, dryers in renewed B2B push

South Korean home appliances giant LG Electronics Inc. is stepping up efforts to enhance its presence in the global business-to-business (B2B) marke...

Daedong opens autonomous robot subsidiary Daedong Robotics

Daedong opens autonomous robot subsidiary Daedong Robotics

Daedong Group, South Korea's leading agricultural machinery manufacturer, said on Monday it established Daedong Robotics, an intelligent autonomous ...

SK Bioscience's SKYCellflu approved in Indonesia

SK Bioscience's SKYCellflu approved in Indonesia

SK Bioscience Co., a bio and pharmaceutical affiliate of South Korea's SK Group, said on Wednesday that The Indonesian Food and Drug Authority BPOM ...

S.Korea's Hana Card, KFCC launch first PLCC

S.Korea's Hana Card, KFCC launch first PLCC

South Korea's Hana Card said on Tuesday it launched the first private label credit card (PLCC) product, the "MG+ Credit Card Primo Hana Card" of the...

POSCO International eyes M&A in US natural gas market

POSCO International eyes M&A in US natural gas market

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...

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