Korean e-commerce platforms’ growth cools; Naver Shopping sales down

South Korea’s major e-commerce platforms, including Naver Shopping, are showing signs of slowing growth amid the rise of Chinese platform gian...

BC Card, Uzbekistan to connect payment network

South Korea's BC Card said on Monday that it signed a contract with Uzbekistan's state-run payment operator National Interbank Processing Center (NI...

BOK, Indonesia to cooperate on cross-border payments

The Bank of Korea (BoK) announced on Monday that it signed a memorandum of understanding (MOU) with Bank Indonesia (BI) for the bilateral cooperatio...

Kim Jong Un’s Balloon Barrage: Bags of Excrement Fly Into the South

SEOUL—An unusual sight drifted into South Korean skies on Wednesday: Large white balloons carrying plastic bags of North Korean trash. Some co...

CJ Logistics, Ninja Van to co-work for cross-border e-commerce

South Korea's CJ Logistics announced on Thursday that it signed a customs clearance and delivery service contract with Singapore-based Ninja Van t...

NH Investment gets APEC Cross Border Privacy Rules

South Korea's NH Investment & Securities announced Friday that it obtained the global personal information protection certification APEC Cross-B...

SK E&S to pursue cross-border CCS with Australia’s Santos

SK E&S, the clean energy affiliate of South Korea’s No. 2 conglomerate SK Group, has signed a deal on cross-border carbon capture and st...

Korea’s duty-free sales skid despite China border reopening

South Korea’s duty-free shops suffered a sharp decline in sales in June, when the number of Chinese visitors jumped more than three times that...

Alibaba launches express ships to S.Korea as orders surge

Alibaba.com, China’s largest online marketplace, launched an express cargo ship service between South Korea and China this week to meet a surg...

SentBe, back from brink of collapse to play in major league

SentBe, a South Korean fintech startup operating a personal international remittance app of the same name, is readying to play in the bigger global ...

Lotte Duty Free wins bid to operate Melborune Airport duty-free shop

Lotte Duty Free, an affiliate of the Lotte Group, won a bid for an Australian airport duty-free shop business, accelerating its move to bolster over...

Foreigners turn net buyers of Korean stocks as China reopens borders

South Korean stocks are gaining momentum at the beginning of the new year as foreigners have turned net buyers on expectations of China's border reo...

Korean cosmetics shares rise as China reopens borders

Shares in South Korean cosmetics brands are gaining momentum after brokerage houses lifted their target prices on expectations that China’s bo...

Korea-China air flights set to rise with Beijing’s eased zero-COVID policy

Air flights between South Korea and China are set to rise significantly next year with the Chinese government issuing new guidelines easing its stri...

Korean overseas card spending near 3-year high on resurgence in travel

Overseas card spending by residents in South Korea rose to a nearly three-year high in the third quarter as international travel surged with countri...

North Korea Barrages south with missiles; South Korea swiftly responds

SEOUL—North Korea unleashed its biggest barrage in years, firing nearly two dozen missiles, including one that flew south of its disputed mari...

Poland closer to deal to buy South Korean fighter jets, tanks, howitzers

Poland is moving closer to clinching a megadeal to buy South Korean weapons such as fighter jets, tanks and artillery amid the ongoing Russian war o...

JYP Entertainment stocks skyrocket 70% in three months

Shares of JYP Entertainment Inc. have been skyrocketing in recent months. The record label stocks jumped more than 70% from its lowest price point s...

Global airlines raise flights to pre-COVID levels on border reopening

Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...

[ASK 2021] Cross-border Investments in Data Center, Life Science and Other Niche Sectors

Sera Global is a pure-play real assets advisory firm that provides innovative solutions to meet the evolving needs of clients, with a focus on l...

SM Line files for IPO review, aims for Kosdaq listing in second-half

South Korean merchant liner SM Line Corp. has filed for a preliminary review by the Korea Exchange of its plan to go public on the junior Kosdaq mar...

LG Household continues cross-border M&A push in cosmetics market

LG Household & Health Care Ltd. was the most aggressive South Korean cosmetics firm in the cross-border M&A market between 2010 and 2019, with...

NPS to empower overseas offices to speed up cross-border deals

The National Pension Service (NPS) has announced a plan to give its foreign offices more authority so that they can propose investment ideas directly ...