Economic strain drives millennials, Gen Z into collectible craze

SHANGHAI – Standing in the rain, lines of people snake along Nanjing Dong Lu, Shanghai’s bustling shopping street, outside a Miniso shop...

From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot

Once a humble thrift market popular among older locals in Seoul, Dongmyo Market, often dubbed Dongmyo flea market, has become a vibrant hotspot for ...

MSCI maintains S.Korea’s emerging-market status; level playing field eyed

South Korea’s years-long bid for developed-market status has suffered yet another setback after global index provider MSCI Inc. declined to ad...

MBK-invested Homeplus looks for new owner as M&A emerges as option

South Korea’s leading hypermarket chain Homeplus Co. is once again up for sale, a decade after private equity firm MBK Partners Ltd. took it p...

LG to drive future growth in emerging markets with battery prowess

LG Group, South Korea’s fourth-largest conglomerate by assets, should step up its efforts to foster future growth with promising technologies,...

US auto parts tariffs take effect; Korea avoids heavy hit

The US has eased tariffs on automotive parts that took effect on May 3, offering a sigh of relief to South Korean suppliers, who said a worst-case s...

Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs

JAKARTA – Last Thursday, Baik Art gallery in Jakarta, Indonesia, was crowded with well-heeled art patrons eager to meet a revered artist from ...

South Korea to boost aid for chipmakers to $23 billion, expanding extra budget

South Korea’s government is planning to increase support for chip makers to around $23 billion, proposing a bigger-than-expected supplementary...

South Korea announces emergency support for auto sector against US tariffs

South Korea’s government has announced emergency-support measures for the country’s auto sector, as it rushed to ease the impact of U.S....

Samsung, LG review strategies as Trump slaps Vietnam with steeper tariffs

South Korea’s two leading electronics makers – Samsung Electronics Co. and LG Electronics Inc. – are being forced to reassess thei...

MBK Special Situations relinquishes Korean investment advisory license

MBK Partners Special Situations (MBKP SS), which operates the Seoul-based private equity firm’s credit situations funds, has voluntarily relin...

Samsung in 'do or die' situation'; Lee sounds crisis alarm

Samsung Electronics Co. Chairman Lee Jae-yong has warned the company's executives that the South Korean tech giant has lost its characteristic "rele...

South Korea emerges as private equity firms’ global hub

New York-based Apollo Global Management and London-based Intermediate Capital Group (ICG) have joined the ranks of global private equity firms that ...

Small firms emerge as prime targets of management disputes in Korea

Small and medium-sized enterprises (SMEs) accounted for the majority of disputes over corporate management control in South Korea last year, with th...

SK Energy, Korea’s first refiner to export sustainable aviation fuel to Europe

SK Energy Co., South Korea’s largest oil refiner, said on Sunday it has shipped its first batch of sustainable aviation fuel (SAF) to Europe, ...

Samsung E&A enters SAF EPC market with $955 mn Malaysian bioplant deal

Samsung E&A Co., the construction and engineering unit of South Korea’s top conglomerate Samsung Group, said on Wednesday it has clinched ...

S.Korean startup accelerators to boost overseas biz

South Korean accelerators (ACs) are turning to Southeast Asia and the Middle East market to support startups and expand their reach.ACs, companies t...

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 ...

Samsung Galaxy AI phones surpass 20 mn units in S. Korea

Samsung Electronics Co. said on Sunday that more than 20 million smartphones in South Korea are now equipped with its Galaxy AI technology, driven...

Korea Investment to publish emerging market investment guidebook

Korea Investment Management Co. said on Friday that it will publish an Emerging Market Guidebook on September 30, which will contain investment stra...

Central Asia emerging as South Korea’s new used car export market

South Korea’s export volume of secondhand vehicles to Central Asia is increasing for an unexpected reason: Russia.According to the Korea Inter...

LG Chem emerges as global No. 4 chemicals maker: C&EN

South Korea’s LG Chem Ltd. has emerged as the world’s fourth chemicals producer, the second Asian company to be among the five largest a...

TMON, WeMakePrice file for court receivership amid liquidity troubles

TMON Inc. and WeMakePrice Co. – the e-commerce platforms owned by Singapore-based Qoo10 Pte. – have filed for court receivership amid co...

Samsung sets sights on next-generation memory CXL DRAM

South Korean tech giant Samsung Electronics Co. is setting its sights on next-generation memory technology, dubbed CXL, to lead the artificial intel...

Shinhan Financial builds disaster response system

South Korea's Shinhan Financial Group announced on Sunday that it established a disaster response system to provide swift and substantial assistance...

Doosan emerges as darling in Korea’s BBB bond market

Doosan Co. is poised to raise up to 80 billion won ($58 million) in bond sales this week following its credit rating upgrade as the holding company ...

MSCI keeps Korea on emerging market list on short-selling ban

MSCI Inc. maintained South Korean stocks in its emerging market list as the government kept its blanket short-selling ban, denting the country&rsquo...

Frozen kimbap market emerges as new K-food battlefield

South Korean fishery processing and seafood major Sajo Daerim Corp. has forayed into the frozen kimbap market, becoming a new big player in the coun...

Korea's short-selling ban impedes MSCI index upgrade

South Korea is expected to retain its MSCI’s emerging market status as the global index provider said in its June 6 report that the country&rs...

SK Hynix works on next-generation HBM chip supply plans for 2025

South Korea’s SK Hynix Inc. said on Thursday it is working on next year’s supply plans for its high-bandwidth memory (HBM) chips as clie...