Samsung to buy US health tech firm Xealth in digital health push

Samsung to buy US health tech firm Xealth in digital health push

Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses ...

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan

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.Korean game developer Krafton acquires Japan’s ADK for $517 million

S.Korean game developer Krafton acquires Japan’s ADK for $517 million

Krafton Inc., a major South Korean game publisher, has acquired Japan's leading advertising and animation group ADK for 75 billion yen ($517 million...

S.Korea’s Lee, Japan’s Ishiba agree to deepen ties, resume shuttle diplomacy

S.Korea’s Lee, Japan’s Ishiba agree to deepen ties, resume shuttle diplomacy

KANANASKIS, Canada – South Korea’s newly elected President Lee Jae-myung held his first summit with Japanese Prime Minister Shigeru Ishi...

CJ CheilJedang to open $72 million dumpling plant in Japan

CJ CheilJedang to open $72 million dumpling plant in Japan

South Korea’s largest food company, CJ CheilJedang Corp., is shifting into high gear in its global expansion with a 100 billion won ($72 milli...

South Korea asks US for tailored approach to chip tariffs

South Korea asks US for tailored approach to chip tariffs

South Korea has officially requested that the US take a distinct approach in its ongoing probe into foreign semiconductor technology and related dow...

Seoul mulls joint review of Alaska LNG project with Japan, Taiwan, Vietnam

Seoul mulls joint review of Alaska LNG project with Japan, Taiwan, Vietnam

South Korea has proposed forming a consortium with Japan, Taiwan and Vietnam to jointly assess the feasibility of investing in the $45 billion Alask...

Kyobo Life poised to buy Japan’s SBI Group-owned savings bank

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...

Shinhan to lead financing for battery storage project in Japan

Shinhan to lead financing for battery storage project in Japan

Shinhan Financial Group will lead 4.9 billion yen ($35 million) in financing for a large-scale battery energy storage system (BESS) construction pro...

Doosan enters race to acquire SK Siltron in strategic semiconductor push

Doosan enters race to acquire SK Siltron in strategic semiconductor push

South Korea’s Doosan Group has entered the bidding war for SK Siltron Co., the world’s third-largest manufacturer of semiconductor wafer...

LG Energy Solution clinches multibillion-dollar ESS deals in Japan, Europe

LG Energy Solution clinches multibillion-dollar ESS deals in Japan, Europe

LG Energy Solution Ltd. has secured a string of billion-dollar energy storage system (ESS) deals in Japan and Europe, outmaneuvering Chinese rivals ...

S.Korean shipbuilders rally as Trump hints at buying foreign ships

S.Korean shipbuilders rally as Trump hints at buying foreign ships

South Korean shipbuilding stocks soared on Friday on news that US President Donald Trump indicated that the world’s No. 1 economy may purchase...

China says it is aiming to coordinate tariff response with Japan, South Korea

China says it is aiming to coordinate tariff response with Japan, South Korea

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K-pop exports boom as end of Chinese K-wave ban looms large

K-pop exports boom as end of Chinese K-wave ban looms large

Exports of Korean popular music, or K-pop, have seen a significant surge in recent months, driven by increasing demand from China and Japan, accordi...

Korea, China, Japan resume FTA talks after 6-year hiatus

Korea, China, Japan resume FTA talks after 6-year hiatus

South Korea held an economic ministers’ meeting with China and Japan on Sunday to discuss cooperation, including resuming negotiations about a...

POSCO to sell entire stake in Nippon Steel, ending equity ties

POSCO to sell entire stake in Nippon Steel, ending equity ties

POSCO Holdings Inc. has decided to sell its entire stake in Nippon Steel Corp., according to industry sources on Wednesday, marking the end of their...

S.Korea courts active funds for $140 bn treasury issuance

S.Korea courts active funds for $140 bn treasury issuance

South Korea’s finance ministry will hold its largest-ever investor relations (IR) event for global institutional investors at the end of this ...

Magnachip to sell display business in H1 to focus on power semiconductors

Magnachip to sell display business in H1 to focus on power semiconductors

South Korean chipmaker Magnachip Semiconductor Corp. plans to sell its display business by the end of the first half as part of a strategic shift to...

LX Pantos acquires logistics center near Atlanta for $120 mn

LX Pantos acquires logistics center near Atlanta for $120 mn

LX Pantos Co., a logistics arm of LX International Corp., announced on Tuesday it has acquired a logistics center near Atlanta in Dalton, Georgia fo...

Korea to probe Chinese, Japanese steel imports over anti-dumping claims

Korea to probe Chinese, Japanese steel imports over anti-dumping claims

South Korea is set to launch an anti-dumping investigation into hot-rolled steel imports from China and Japan, according to government and industry ...

PAG raises $4 bn for opportunistic Asia real estate fund

PAG raises $4 bn for opportunistic Asia real estate fund

PAG, an Asia Pacific-focused alternative investment firm, on Friday announced the final close of its 10th opportunistic real estate fund at $4 billi...

Hanmi Semiconductor to retire $90 mn treasury shares in May

Hanmi Semiconductor to retire $90 mn treasury shares in May

Hanmi Semiconductor Co. on Thursday announced a plan to retire 130.0 billion won ($90 million) worth of treasury shares in May, marking its largest-...

SK Ecoplant seeks to sell waste treatment business for $1.4 billion

SK Ecoplant seeks to sell waste treatment business for $1.4 billion

SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, is seeking to dispose of its waste treatment b...

HD Hyundai, Hanwha to tap into $242 billion US Navy warship market

HD Hyundai, Hanwha to tap into $242 billion US Navy warship market

South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., – are set to ride tailwinds in their bi...

MBK-led consortium to take over Japan’s FICT for $656 mn

MBK-led consortium to take over Japan’s FICT for $656 mn

MBK Partners, the largest private equity firm in North Asia, will acquire a controlling stake in FICT Ltd., a semiconductor printed circuit board (P...

LX Pantos enters US intermodal logistics market with Japan’s ONE

LX Pantos enters US intermodal logistics market with Japan’s ONE

LX Pantos Co., South Korea’s largest logistics company under LX International Corp., has advanced into the US intermodal logistics market join...

Coupang Eats starts food delivery service in Japan

Coupang Eats starts food delivery service in Japan

Coupang Eats, a food delivery app operated by South Korea's No. 1 e-commerce platform Coupang Inc., launched its first overseas service in Japan.Acc...

Piccoma tops consumer spending ranking in Japan

Piccoma tops consumer spending ranking in Japan

Kakao Piccoma, a Japanese digital comics app subsidiary of South Korean mobile giant Kakao Corp., topped the consumer spending ranking in the Japane...

Naver Webtoon invests in Japan's Number Nine

Naver Webtoon invests in Japan's Number Nine

South Korea's Naver Webtoon said on Thursday that its Japanese service operator Line Digital Frontier invested in Number Nine, a webtoon studio in J...

Hanmi Semiconductor to build new TC Bonder plant in Incheon

Hanmi Semiconductor to build new TC Bonder plant in Incheon

Hanmi Semiconductor Co., South Korea’s leading chip packaging equipment manufacturer, held a ground-breaking ceremony for its seventh plant of...

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