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...

LG Electronics' Q2 profit halves as US tariffs bite

LG Electronics' Q2 profit halves as US tariffs bite

Earnings at LG Electronics Inc. nearly halved in the second quarter after the Trump administration's tariff hikes pushed up raw material costs, maki...

LG Group executives to meet with Honda CEO to explore partnership

LG Group executives to meet with Honda CEO to explore partnership

LG Group is accelerating its efforts to build a partnership with Honda Motor Co. as South Korea's fourth-largest conglomerate beefs up its automotiv...

Korea Investment & Securities, Capital Group eye product launch in Korea

Korea Investment & Securities, Capital Group eye product launch in Korea

Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., is exploring new offshore funds for individual investors in co...

NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1

NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1

NH Investment & Securities Co. retained its lead in South Korea’s equity capital market (ECM) in the first half, riding a surge in large-s...

Growth equity portfolio largely shielded from policy headwinds: Summit

Growth equity portfolio largely shielded from policy headwinds: Summit

Growth equity investments have remained largely stable in the face of recent policy shifts, with key sectors like technology and healthcare avoiding...

South Korea unveils $14.6 billion 2nd extra budget to spur growth

South Korea unveils $14.6 billion 2nd extra budget to spur growth

South Korea’s new administration on Thursday proposed an additional 20.2 trillion won ($14.6 billion) extra government spending to stimulate d...

Calls grow for stronger LP oversight in national strategic asset M&As

Calls grow for stronger LP oversight  in national strategic asset M&As

MBK Partners’ takeover attempt of Korea Zinc Inc. has exposed the vulnerability of national strategic assets to private equity ownership, posi...

Affirma Capital to acquire Equis’ Korean waste assets for $294 million

Affirma Capital to acquire Equis’ Korean waste assets for $294 million

Affirma Capital, a Singapore-headquartered buyout private equity firm, has agreed to acquire the entire portfolio of South Korean waste processing a...

Miri Capital closes in on STIC Investments chairman’s stake

Miri Capital closes in on STIC Investments chairman’s stake

Miri Capital Management LLC has steadily raised its stake in STIC Investments Inc., narrowing the ownership gap with the firm’s founder and Ch...

President Lee: Businesses at center of policy priorities for economic growth

President Lee: Businesses at center of policy priorities for economic growth

South Korean President Lee Jae-myung on Friday pledged strong government support for the country’s businesses, while emphasizing the need for ...

Partners Group sees infrastructure secondaries quadrupling to $60 bn

Partners Group sees infrastructure secondaries quadrupling to $60 bn

Infrastructure secondaries are gaining momentum as the infrastructure sector attracts investors seeking stable and predictable returns amid heighten...

LG to drive future growth in emerging markets with battery prowess

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,...

Seoul, once-rising art hub, feels pinch of global strains  

Seoul, once-rising art hub, feels pinch of global strains  

In Seoul’s Hannam district, the storefront that once housed Various Small Fires (VSF) now sits empty, a “For Rent” sign taped to i...

Chinese e-commerce growth stalls in South Korea

Chinese e-commerce growth stalls in South Korea

Chinese e-commerce players’ rapid expansion into the South Korean online retail market is losing steam as their bang-for-the-buck products hav...

South Korea’s startup M&A winter deepens capital bottleneck  

South Korea’s startup M&A winter deepens capital bottleneck  

South Korea’s startup M&A winter has deepened as once major investors like conglomerates are prioritizing restructuring over expansion, ch...

BOK turns more dovish after 25 bp rate cut; 2025 growth outlook halved

BOK turns more dovish after 25 bp rate cut; 2025 growth outlook halved

The Bank of Korea (BOK) on Thursday cut its benchmark interest rate by a quarter percentage point to 2.5%, citing growing concerns over faltering do...

Ramen, ready-to-eat meals lead 10% rise in 2024 K-food exports

Ramen, ready-to-eat meals lead 10% rise in 2024 K-food exports

South Korea’s food exports climbed 10% on-year to $7.26 billion in 2024, led by ramen, ready-to-eat meals and seasoned seaweed, according to g...

NPS, KIC step up focus on mid-market infrastructure

NPS, KIC step up focus on mid-market infrastructure

The National Pension Service (NPS) and Korea Investment Corp. (KIC) are actively exploring mid-market infrastructure opportunities as they are expec...

Korean financial firms launch global IR blitz to woo foreign capital  

Korean financial firms launch global IR blitz to woo foreign capital  

Chiefs of South Korea’s major financial groups – Shinhan, Woori and iM – are ramping up global investor outreach with new sharehol...

NPS boosts allocation to direct lending, secondaries

NPS boosts allocation to direct lending, secondaries

The National Pension Service (NPS), the world’s third-largest pension fund, has been further diversifying its portfolio through increased expo...

Bain Capital sells 6% stake in Korea’s Classys via block deal for $163 million

Bain Capital sells 6% stake in Korea’s Classys via block deal for $163 million

Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($16...

Korea's science ministry picks 10 AI, digital startups to back global growth

Korea's science ministry picks 10 AI, digital startups to back global growth

South Korea’s Ministry of Science and ICT on Thursday announced that it has selected 10 startups founded by Koreans in a program to support th...

Dawn delivery pioneer Kurly posts 1st-ever quarterly profit

Dawn delivery pioneer Kurly posts 1st-ever quarterly profit

Kurly Inc., a pioneer in South Korea’s dawn delivery market, has posted its first-ever quarterly profit, bucking a slowdown in private consump...

LG Innotek, Boston Dynamics team up to develop Atlas eyes

LG Innotek, Boston Dynamics team up to develop Atlas eyes

LG Innotek Co., a leading South Korean electronics parts maker, will jointly develop new vision sensing systems with Boston Dynamics Inc., a major g...

Seoul-backed K-beauty brands set to make global mark

Seoul-backed K-beauty brands set to make global mark

As Korean beauty products continue to captivate global consumers, five Seoul-based cosmetics and wellness companies are gearing up to penetrate deep...

Shinhan Financial’s overseas business blooms, on track for record earnings

Shinhan Financial’s overseas business blooms, on track for record earnings

Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...

Korea’s Q1 economic contraction adds to stimulus expectations

Korea’s Q1 economic contraction adds to stimulus expectations

South Korea's economy unexpectedly contracted in the first quarter as exports and consumption fell amid a political crisis and fears over the impact...

KB Financial logs 61% profit growth, rebounding from ELS fiasco

KB Financial logs 61% profit growth, rebounding from ELS fiasco

KB Financial Group Inc. on Thursday reported a 61% jump in first-quarter profit, led by a nearly threefold rise in earnings at its flagship unit Koo...

Korea not to appeal ruling in favor of Mason Capital in Samsung case

Korea not to appeal ruling in favor of Mason Capital in Samsung case

South Korea said on Friday it has decided not to appeal a Singaporean court’s rejection of its lawsuit to annul an investor-state dispute sett...

Yes, it’s K-beauty: Buying interest for makeup brands runs high even before they're up for sale 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