Kakao Pay backs out of acquisition deal for Shinsegae’s SSG Pay, Smile Pay

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
Maru SF, a startup campus and networking hub operated by the Asan Nanum Foundation, will open in Silicon Valley this November, marking the organizat...
In a dramatic showing on the famed hill climb of West Sussex, Hyundai Motor Co. on Thursday debuted the IONIQ 6 N, its second high-performance elect...
Rhee Chang-yong, governor of the Bank of Korea (BOK), warned on Thursday that mounting household debt is now undermining both private consumption an...
Samsung Heavy Industries Co., a major South Korean shipbuilder, has signed a preliminary agreement worth 869.4 billion won ($635 million) with an Af...
Blackpink has made a dazzling return with its electrifying new song, “Jump,” igniting excitement for its first world tour in almost two ...
BTS member Suga and former Major League Baseball (MLB) pitcher Chan Ho Park are putting their money on the Athletics, formerly the Oakland Athletics...
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...
South Korea’s asset management industry posted stellar growth in the first half of 2025, buoyed by a 28% surge in the country’s benchmar...
South Korea's ruling Democratic Party’s proposal to strengthen protections for minority investors and enhance board independence has secured t...
Hyundai Motor Group, the world’s third-biggest automaker, generated the most economic value among major South Korean conglomerates last year, ...
Lotte Chemical Corp., South Korea’s second-largest petrochemical company grappling with mounting losses amid a prolonged industry downturn, wi...
Samsung Electronics Co., South Korea’s most valuable company, is convening its most senior executives this week to plot its path back to the t...
The Incheon Free Economic Zone (IFEZ) Authority is set to submit its application by the end of June to designate the southern end of Ganghwa Island ...
CJ Foodville Co., a South Korean food company, is deepening its presence in Southeast Asia with premium bakery products, catering to airplane passen...
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, announced on ...
Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency sai...
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...
Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...
Celltrion Inc., South Korea’s largest biosimilar developer, will issue bonus shares to bolster its stock performance, which has been in the do...
Jin Ok-dong, chairman of South Korea’s leading financial conglomerate Shinhan Financial Group, has met with senior executives of US-based mult...
South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as ...
SK Earthon Co., the petroleum exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., has secured rig...
Chiefs of South Korea’s major financial groups – Shinhan, Woori and iM – are ramping up global investor outreach with new sharehol...
The Korea Investment Corporation (KIC) on Tuesday discussed infrastructure investment opportunities and risks in the wake of the US government&rsquo...
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 ...
South Korea’s Hanwha Group has completed the acquisition of the country’s No. 2 food service and catering company Ourhome Ltd. for 869.5...
Centroid Investment Partners, a South Korean private equity firm, has confirmed plans to divest its controlling stake in US sports equipment manufac...
Kurly Inc., a pioneer in South Korea’s dawn delivery market, has posted its first-ever quarterly profit, bucking a slowdown in private consump...
With the advent of mobile AI, the performance arms race among smartphone makers is reaching diminishing returns, as some market analysts put it.The ...