NPS, KIC step up focus on mid-market infrastructure
The National Pension Service (NPS) and Korea Investment Corp. (KIC) are actively exploring mid-market infrastructure opportunities as they are expec...
With Ulta deal, APR steps up US beauty push
Medicube, the beauty-tech brand under South Korea’s fast-growing beauty company APR Co., will sell its products through both online and offlin...
Samsung steps up AR race with advanced microdisplay for smart glasses
Samsung Electronics Co. has launched a major push into next-generation microdisplays for augmented reality (AR) glasses as it aims to position itsel...
Korea’s WGBI inclusion moved to next April; Seoul works on policy steps
South Korea’s much-anticipated inclusion of its bonds in the FTSE World Government Bond Index (WGBI) has been postponed to April 2026 from Nov...
LG Group units step up joint marketing for in-vehicle electronics
Chief executives of LG Group’s key units, including LG Electronics Inc., will visit the headquarters of global carmakers for a series of close...
Shinhan Bank partners with Hyundai Mobis for loan services to suppliers
Hyundai Mobis Co., South Korea’s top auto parts maker, has partnered with the country’s biggest lender Shinhan Bank to help its partners...
Kakao founder Kim to resign as control tower chair
Kakao Corp. founder Kim Beom-soo, also known as Brian Kim, will step down as chairman of the South Korean tech giant’s top decision-making bod...
Meritz drops bid for troubled MG Non-Life Insurance; Liquidation looms
Meritz Financial Group Inc., South Korea’s second-most valuable financial holding firm, has dropped its bid to acquire financial distressed MG...
S.Korea’s top financial regulator pushes tax support for value-up program
South Korea is ramping up efforts to encourage companies to enhance shareholder value by providing tax support for its corporate value-up program, a...
S.Korea to hold IR session to unveil market-boosting steps
South Korea's government will host an overseas investor relations session to explain the country’s economic conditions and unveil market-boost...
NPS steps back from Doosan Robotics' Bobcat merger
The National Pension Service (NPS) appears to be stalling on a vote for Doosan Robotics Inc.'s merger with Doosan Bobcat Inc., with major proxy advi...
Must Asset calls on Young Poong to take steps to boost shareholder value
South Korea’s Young Poong Corp., embroiled in a fierce management control dispute with Korea Zinc Inc., is now the target of an activist fund ...
Korea Zinc drops $1.8 bn rights issue to regain shareholder support
Korea Zinc Inc., the world’s top lead and zinc smelter, on Wednesday withdrew its 2.5 trillion won ($1.8 billion) rights issue as the move to ...
BOK flags more rate cuts but in gradual, small steps
South Korea’s central bank is open to more cuts in interest rates after its first rate reduction in more than four years on Friday but only in...
Korea's LG Uplus aims for $1.4 bn in B2B AI sales by 2028
South Korea’s leading mobile carrier LG Uplus Corp., which is set to unveil its first artificial intelligence chip by the end of this year, ai...
South Korea steps on accelerator for record 2024 car exports
ASAN, South Chungcheong Province – At Hyundai Motor Co.'s manufacturing plant in Asan, over 60 km south of Seoul, thousands of robots were bus...
Samsung's Jay Y. Lee visits Zeiss to reinforce EUV ties
Samsung Electronics Co. is deepening ties with Zeiss Group, the sole provider of optical systems to the world’s only extreme ultraviolet (EUV)...
Korean tire makers step up push into bigger, high-margin tires
South Korean tire makers are betting big on premium tires fitted for sports utility vehicles, full-size sedans and electric vehicles, after bigger a...
Korea's M&A market poised to bounce back after bleak Q1
South Korea’s mergers and acquisitions market is poised to bounce back after a bleak first quarter, with 22.3 trillion won ($16 billion) worth...
Korean companies’ 2024 facility investment doubles to $39.4 billion
South Korea’s major companies invest heavily in facilities to seek new growth engines and drive up their corporate value amid tough business c...
Hahn & Co. overhauls Namyang board, ending family control
Private equity firm Hahn & Co. on Friday won shareholder approval to replace Namyang Dairy Products Co.'s board of directors with Hahn's executi...
K Enter moves step closer to Nasdaq listing in May
K Enter Holdings Inc., an umbrella entity of South Korea-based entertainment companies creating original entertainment content and managing related ...
POSCO International to step up global expansion after hefty profits
POSCO International Corp. will step up global expansion in 2024 with a focus on electric vehicle components, eco-friendly energy exploration and gra...
S.Korea steps up probe on alleged submarine tech leaks to Taiwan
South Korea stepped up an investigation into alleged technology leaks of a submarine developed by Daewoo Shipbuilding & Marine Engineering Co. t...
Samsung Elec moves a step closer to CXL commercialization
Samsung Electronics Co. seeking to lead the next-generation memory market has moved a step closer to commercializing computer express link (CXL)-bas...
Sibling rivalry for Hankook Tire control takes new turn as MBK steps in
The sibling rivalry for management control of Hankook Tire & Technology Co., South Korea’s top tire maker, has taken another turn as the e...
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...
LG Energy's new CEO aims to focus on qualitative growth
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, is set to focus on qualitative growth by securing leading ...
Hyundai Group chair exits Schindler-invested unit board
Hyundai Group's chairwoman on Friday resigned from the board of its elevator unit, whose No. 2 shareholder is Schindler Holding AG, amid mounting sh...
SK Group to step up renewable energy push in Vietnam
SK Group will strengthen its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste...
