Maru SF to open in Silicon Valley in November as Korean startup gateway

Maru SF to open in Silicon Valley in November as Korean startup gateway

Maru SF, a startup campus and networking hub operated by the Asan Nanum Foundation, will open in Silicon Valley this November, marking the organizat...

K-style strikes back to win over China’s Gen Z with Musinsa at helm

K-style strikes back to win over China’s Gen Z with Musinsa at helm

Musinsa, South Korea’s fashion unicorn backed by KKR Co., is set to bring the K-style wave to China with Anta Sports Products Ltd., China's le...

Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna

Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna

Shinsegae Property, a subsidiary of South Korean retail giant Shinsegae Group, on Tuesday unveiled a 600 billion won ($438 million) investment agree...

S.Korea names budget veteran as finance minister to prop up economy

S.Korea names budget veteran as finance minister to prop up economy

South Korean President Lee Jae-myung on Sunday appointed Koo Yoon-cheol, former head of the budget office, as finance minister as the government is ...

Jollibee to buy chicken chain Norang Tongdak amid global K-food frenzy

Jollibee to buy chicken chain Norang Tongdak amid global K-food frenzy

Jollibee Foods Corp., a household name in Southeast Asia’s food market, has been named the preferred buyer of Norang Tongdak, a South Korean f...

GIC resumes Seoul Finance Center sale in major Korean property deal

GIC resumes Seoul Finance Center sale in major Korean property deal

Singapore’s sovereign wealth fund GIC is resuming the sale of Seoul Finance Center, a landmark office tower in Seoul's central business distri...

Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet

Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet

Naver Ventures, the first dedicated Silicon Valley venture capital arm of Naver Corp., has made its debut investment in Nvidia Corp.-backed TwelveLa...

Goodai Global poised to build L'Oréal-style empire via M&As

Goodai Global poised to build L'Oréal-style empire via M&As

Goodai Global Inc. is seeking to acquire South Korea’s first-generation independent cosmetics brand Skinfood for about 150 billion won ($108 m...

S.Korea’s Naver to launch Silicon Valley venture arm in aggressive AI push

S.Korea’s Naver to launch Silicon Valley venture arm in aggressive AI push

Naver Corp., South Korea’s top internet portal operator, plans to set up a dedicated venture capital arm in Silicon Valley in a move seen as a...

Korea Securities Finance eyes its 1st foreign bond sale in 2026

Korea Securities Finance eyes its 1st foreign bond sale in 2026

Korea Securities Finance Corp. (KSFC) is preparing to issue its first foreign currency-denominated bonds in 2026 to provide low-cost funding to dome...

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...

VIG taps KDB financing to buy 40% stake in Kakao Mobility

VIG taps KDB financing to buy 40% stake in Kakao Mobility

South Korea’s private equity firm VIG Partners’ buyout of minority stakes in Kakao Mobility Corp., the nation’s most popular taxi-...

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 ...

Parliament passes bill to expand boards’ fiduciary duties

Parliament passes bill to expand boards’ fiduciary duties

South Korea's National Assembly on Thursday passed an amendment to the Commercial Act to expand boards of directors’ fiduciary duties to minor...

Doosan Skoda Power eyes Czech IPO, aims to raise $111 million

Doosan Skoda Power eyes Czech IPO, aims to raise $111 million

Doosan Skoda Power, the Czech-based power plant equipment-making unit of South Korea’s Doosan Enerbility Co., plans to list its shares on the ...

LG CNS, Bear Robotics to co-develop autonomous robots

LG CNS, Bear Robotics to co-develop autonomous robots

LG CNS Co., a South Korean information technology service company, said on Monday it signed a memorandum of understanding (MOU) with Bear Robotics...

Korea Investment Holdings’ MSCI ESG rating upgraded to A

Korea Investment Holdings’ MSCI ESG rating upgraded to A

Korea Investment Holdings Co. said on Thursday it was upgraded by three notches from B to A in the MSCI ESG rating this year.The MSCI ESG rating is ...

Samsung Electro-Mechanics to produce all-solid-state batteries in 2026

 Samsung Electro-Mechanics to produce all-solid-state batteries in 2026

LAS VEGAS – Samsung Electro-Mechanics Co. will unveil a sample of an ultra-compact all-solid-state battery within the year for mass production...

Hanwha to exit from polysilicon business in US

Hanwha to exit from polysilicon business in US

Hanwha Solutions Corp., the energy unit of South Korea’s chemicals-to-financial conglomerate Hanwha Group, will likely withdraw from the polys...

Korea’s new acting president assures economy resilient, security tight

Korea’s new acting president assures economy resilient, security tight

South Korea’s new Acting President Choi Sang-mok said on Friday he is confident that the country’s economy is resilient and its national...

Korea debt financing faces woes as $34 bn in corporate bonds mature in H1

Korea debt financing faces woes as $34 bn in corporate bonds mature in H1

South Korea’s financial markets will see nearly 50 trillion won ($34 billion) in corporate bonds mature in the first half of next year —...

Korea Inc. to face refunding risks with record corporate bond maturities

Korea Inc. to face refunding risks with record corporate bond maturities

South Korean companies are expected to face refunding risks thanks to record corporate bond maturities in the first half of 2025, as fundraising con...

South Korea’s sovereign credit rating stable: S&P, Moody's, Fitch

South Korea’s sovereign credit rating stable: S&P, Moody's, Fitch

South Korea’s sovereign ratings remain stable despite the political turmoil caused by the short-lived martial law declaration of President Yoo...

South Korea’s economic system remains resilient: finance minister

South Korea’s economic system remains resilient: finance minister

The South Korean economy is solid, and the government will take “bold and swift’’ actions if needed to stabilize Asia’s four...

Asan Nanum to offer Silicon Valley residence to Korean startups

Asan Nanum to offer Silicon Valley residence to Korean startups

The Asan Nanum Foundation, a South Korean startup accelerator program operator, said on Thursday it will open a residency space for Korean venture f...

GIC to pick preferred bidder in $1.1 bn Seoul landmark building sale

GIC to pick preferred bidder in $1.1 bn Seoul landmark building sale

Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, is set to select a preferred bidder for the sale of a lan...

Korean funds offer rescue financing for global offices

Korean funds offer rescue financing for global offices

South Korean institutional investors are offering rescue financing for overseas office buildings, which their local peers have yet to exit, as they ...

South Korea to deploy ‘Iron-Dome’ style defense system early

South Korea to deploy ‘Iron-Dome’ style defense system early

South Korea will deploy a new air defense system, similar to Israel’s Iron Dome, against North Korean artillery attacks earlier than previousl...

Naver D2SF accelerates investments in Silicon Valley startups

Naver D2SF accelerates investments in Silicon Valley startups

South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) said on Friday it started to discover and invest i...

Korean brokerages flock to debt market with securities bonds on bull run

Korean brokerages flock to debt market with securities bonds on bull run

South Korea’s leading brokerage houses are flocking to the debt market as bonds issued by securities companies are in growing demand, industry...

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