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 ...
IMM Credit & Solutions Inc. (ICS), the private credit unit of South Korea’s major investment firm IMM Holdings Inc., has raised nearly 1 t...
POSCO, South Korea’s largest steelmaker, has sold Zhangjiagang Pohang Stainless Steel (PZSS), its loss-generating stainless steel joint ventur...
Samsung Heavy Industries Co., a major South Korean shipbuilder, has signed a preliminary agreement worth 869.4 billion won ($635 million) with an Af...
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’s asset management industry posted stellar growth in the first half of 2025, buoyed by a 28% surge in the country’s benchmar...
Taekwang Industrial Co., a South Korean chemical and textile company, and Anchor Equity Partners, a Hong Kong-based private equity firm, have emerge...
DB Insurance Co., a leading South Korean non-life insurance company, is in advanced talks to acquire US-based insurer Fortegra in a deal that could ...
South Korea raised 1.4 billion euros ($1.6 billion) through a euro bond sale on Thursday, marking the country's largest-ever euro-denominated debt i...
JKL Partners Inc., a Seoul-based private equity firm, is set to acquire London Bagel Museum, a growing sensation in South Korea’s booming prem...
Samsung Electronics Co. is on a hiring spree for senior sales managers in its foundry business, offering generous compensation packages, as it goes ...
Hana Asset Management Co. will list the “1Q US Nasdaq 100 ETF” on Tuesday, an exchange-traded fund that tracks the Nasdaq 100 index with...
South Korea’s new administration on Thursday proposed an additional 20.2 trillion won ($14.6 billion) extra government spending to stimulate d...
Mirae Asset Financial Group, one of the largest asset managers in South Korea, has launched its first exchange-traded fund (ETF) investing in high-q...
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 ...
Singapore’s sovereign wealth fund GIC is resuming the sale of Seoul Finance Center, a landmark office tower in Seoul's central business distri...
Hyundai Rotem Co., a South Korean defense company, is set to finalize a tank supply contract with Poland, with the deal's value nearly doubling &nda...
The Financial Services Commission (FSC) has proposed regulatory changes that would allow non-profit organizations to purchase bad loans from individ...
Chinese e-commerce players’ rapid expansion into the South Korean online retail market is losing steam as their bang-for-the-buck products hav...
Kakao Mobility Corp., which runs South Korea’s most popular ride-hailing app, Kakao T, has clinched a deal to build a future mobility infrastr...
Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency sai...
Cushman & Wakefield and Avison Young have been appointed to oversee the sale of Orange Center, a prime office tower in Seoul’s central bus...
Mirae Asset Global Investments Co. now manages more than 400 trillion won ($288 billion) in assets for the first time since its first global venture...
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 ...
GEOJE, South Korea – Under a slate-grey sky at the quiet port of Jangmok on South Korea’s southern coast, a sleek, 12-meter vessel slipp...
A pair of leveraged exchange-traded funds tracking only Samsung Electronics Co. will make a debut on the stock exchange in Hong Kong next week, whic...
Samsung Electronics Co. on Wednesday announced the acquisition of FläktGroup, a German manufacturer of heating, ventilation and air conditionin...
POSCO Future M Co., South Korea’s leading battery materials maker, is set to raise 1.1 trillion won ($771 million) through a rights offering a...
South Korea’s largest food company, CJ CheilJedang Corp., is shifting into high gear in its global expansion with a 100 billion won ($72 milli...
Silicon Valley-based Altos Ventures-backed Good Food For Good (GFFG), operator of South Korea’s popular dessert cafe, Cafe Knotted, will likel...