Korea’s Hwasung Cosmetics shines with Affirma Capital’s Midas touch
Singapore-based private equity firm Affirma Capital has turned Hwasung Cosmetics into an emerging original design manufacturer (ODM) for global beau...
Mom's Touch to enter Laos in 2025
South Korean homegrown burger and chicken brand Mom's Touch & Co. said on Wednesday that it signed a master franchise agreement with Laos-based ...
Korea Zinc ups share buyback price, volume to counter MBK
Korea Zinc Inc. said on Friday it will buy back more shares at a higher price than originally planned to counter North Asia-focused private equity f...
Korean Telco giant KT’s Midas touch with hotel business
KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality indus...
South Korea’s 2025 minimum wage rises 1.7%; SMEs seen suffering
South Korea has set next year’s hourly minimum wage at 10,030 won ($7.3) – a 1.7% increase from this year’s 9,860 won, the second-...
Mom's Touch adds two new restaurants in Mongolia
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday that it has recently opened its sixth and seventh stores i...
Mom's Touch opens new flagship store in Myeongdong
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Tuesday that it opened a new flagship store in Myeongdong, Jung-g...
LG Uplus, Mobirix to jointly develop car infotainment
South Korea's LG Uplus Corp. announced on Tuesday that it signed a memorandum of understanding (MOU) with the domestic mobile game developer Mobir...
Hyundai Department launches Korean brands' global platform
Hyundai Department Store Co., South Korea’s major retail conglomerate, has launched “The Hyundai Global” platform dedicated to pro...
Mom’s Touch to open first store in Japan
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Monday that it will open its first directly managed store Shibuya...
Mom's Touch Tokyo pop-up store visitors exceed 30,000
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday its pop-up store in Shibuya, Tokyo, Japan successfully con...
Yen hits 15-year low vs Korean won on less hawkish BOJ
The yen on Friday plunged to the weakest level in more than 15 years against the South Korean won as the Japanese central bank’s recent change...
Mom's Touch to open pop-up store in Tokyo
South Korean homegrown burger and chicken brand Mom's Touch & Co. on Wednesday announced that it plans to open its first overseas pop-up store "...
Hyundai Mobis develops one-touch automatic parking tech
South Korea's leading automotive parts maker Hyundai Mobis on Tuesday announced its Mobis Parking System (MPS) 1.0P (Premium), a performance-improve...
Management dispute over S.Korea’s CTC Bio heats up
A management dispute over a South Korean pharmaceutical maker CTC Bio Inc. specializing in animal drugs is intensifying as another medical company h...
Mom's Touch signs franchise agreement with Mongolian firm
South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Tuesday that it has signed a master franchise agreement with loca...
Samsung Display unveils touch-enabled OLED laptop PC screen
A South Korean company has developed an OLED laptop PC display with a touch function like a smartphone screen without needing a separate film attach...
PAG joins race to buy Korean burger chain Mom's Touch
Pacific Alliance Group (PAG), a Hong Kong-based alternative investment firm, joined the bidding on Jan. 10 to acquire a 100% stake in South Korean h...
Mom's Touch opens 2nd restaurant in Bangkok
South Korea's F&B franchise Mom's Touch announced on Wednesday that it has opened its second store "K Chimaek" in Bangkok, Thailand.Chimaek, a c...
Kakao to challenge Naver, Apple for offline payment services
South Korea’s largest mobile payment app KakaoPay has bought a stake in the country’s No. 1 electronic payment system provider, accordin...
McDonald’s to sell Korea operation, heating up burger M&As
McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heating up the mergers an...
Korean won touches 18-month low as Fed may raise rates sooner
South Korea’s won currency hit a 1-1/2-year low as the US Federal Reserve signaled the central bank may raise interest rates sooner than expec...
SM Line sees light at the end of the tunnel: SM Group’s Woo
When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...
Korean auto shares shine in gloomy stock market
South Korean car shares overcame slides in the country’s stock markets as the automotive chip shortage is showing some signs of easing.Global ...
Korea stocks, won tumble as foreigners dump $1 bn in equity futures
South Korean stocks and the won currency lost ground with the main Kospi ending below the 3,100 mark for the first time in five weeks as foreign inv...
Korean shipbuilders await improved earnings as LNG carrier price hit all-time high
South Korean shipbuilders, which have secured almost 97% of the orders placed for liquefied natural gas (LNG) carriers this year, expect to see thei...
Korean startup closer to winning Touch ID patent dispute with Apple
South Korea's Firstface Co. has inched a step closer to winning its patent dispute against Apple Inc., after a US federal appeals court ruled in fav...
