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 ...
Samsung Electronics Co. is supplying a new high-performance image sensor featuring nanoprism technology to China’s Xiaomi, as the South Korean...
South Korea’s ruling Democratic Party is accelerating its push to boost shareholder value by requiring listed companies to cancel treasury sha...
IMM Credit & Solutions Inc. (ICS), the private credit unit of South Korea’s major investment firm IMM Holdings Inc., has raised nearly 1 t...
Former South Korean President Yoon Suk Yeol was taken back into custody early Thursday over his short-lived martial law declaration last December, a...
Korea Environment Technology Co. (Koentec) is up for sale in a deal that could fetch up to 1 trillion won ($730.4 million) with global private equit...
SK Innovation Co. has signed a memorandum of understanding with the government of Tra Vinh, a province in southern Vietnam and MangLub, a local soci...
Hong Kong-based private equity firm CLSA Capital Partners Ltd. has been picked as a preferred bidder to invest 50 billion won ($36.6 million) in Jun...
South Korea will elevate its new science minister to a deputy ministerial post, giving him authority to serve as the top coordinator of the governme...
Hanwha Life Insurance Co. has become the first South Korean insurance firm to advance into the overseas banking sector by securing a controlling sta...
India, a country of 1.4 billion people, will be HYBE Co.'s next stop to test its K-pop model by discovering and nurturing local talent under its Cha...
Fubon Bank, Taiwan’s largest bank, is poised to open its first office in Seoul in July, expanding its footprint in South Korea beyond insuranc...
Xiaomi Inc., a Chinese technology giant, will open its first offline store in South Korea next week, about six months after its virtual foray into t...
South Korea’s POSCO Group has been permanently inducted into the Hall of Fame by the World Steel Dynamics (WSD), a US steel industry research ...
Anchor Equity Partners, a Hong Kong-based private equity firm, is putting its majority stake in South Korea’s top children’s smart educa...
Genesis, Hyundai Motor Co.'s premium brand, is expanding its European footprint to four additional countries –France, Spain, Italy and the Net...
Koramco Asset Management Co., South Korea’s leading real estate investment firm, plans to invest 10 trillion won ($7 billion) in domestic data...
Hanwha Aerospace Co. plans to build a precision missile manufacturing plant in Germany as part of its global strategy to expand its presence across ...
The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is stepping up efforts to diversify its investment portfolio with a 100 ...
A surge in orders from Samsung Biologics Co., the world’s largest contract drugmaker, has propelled South Korea to the forefront of global rev...
OpenAI Inc., the creator of generative AI ChatGPT, has established a legal entity in South Korea, which has the largest number of paying ChatGPT sub...
The Korea Investment Corporation (KIC) is zeroing in on Asia’s real estate market by region, while targeting residential facilities and data c...
Global private market investor Hamilton Lane Inc. has acquired a stake in Seoul-based alternative investment firm IMM Investment’s infrastruct...
Lunit Inc., a South Korean AI-powered cancer diagnostics company, said on Monday that more than 200 healthcare institutions across the US have now a...
South Korea’s Ministry of Science and ICT on Thursday announced that it has selected 10 startups founded by Koreans in a program to support th...
RedotPay, a Hong Kong-based blockchain fintech company, has arrived in South Korea with its cryptocurrency-based payment cards and is poised to disr...
As Korean beauty products continue to captivate global consumers, five Seoul-based cosmetics and wellness companies are gearing up to penetrate deep...
WASHINGTON, D.C. – LS Cable & System Ltd., South Korea’s leading wire and cable manufacturer, has broken ground on its first underwa...
Mirae Asset Global Investments Co. is set to manage the mandate of more than 600 billion won ($416.8 million) in core real estate fund investment by...
Meritz Financial Group Inc., one of South Korea’s most aggressive alternative asset managers, has committed 150 billion won ($105 million) to ...