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 ...
As global automakers raise prices in the US market to respond to new Washington import tariffs, South Korea’s Hyundai Motor Group is taking th...
South Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomo...
What was once a world of elves, dragons and power-ups is now giving rise to one of South Korea’s most unexpected tech revolutions, with game s...
NEW YORK – Samsung Electronics Co. will roll out a beta version of AI-powered health coach within the Samsung Health application in the US by ...
In a dramatic showing on the famed hill climb of West Sussex, Hyundai Motor Co. on Thursday debuted the IONIQ 6 N, its second high-performance elect...
NEW YORK – Samsung Electronics Co. has unveiled its slimmest and most powerful foldable smartphones yet, loading them with artificial intellig...
Shinsegae Property, a subsidiary of South Korean retail giant Shinsegae Group, on Tuesday unveiled a 600 billion won ($438 million) investment agree...
Back in the 1960s and 1970s, the Middle East was a land of opportunity for many South Korean construction workers, who labored there under the scorc...
HD Hyundai Co., the world’s largest shipbuilding group based in South Korea, has signed a memorandum of understanding with India’s large...
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...
Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, has abandoned plans to build a new manufacturing plant in Mexico and ...
South Korea will elevate its new science minister to a deputy ministerial post, giving him authority to serve as the top coordinator of the governme...
Hyundai Rotem Co., a South Korean defense system developer, will export its battle tanks to Poland in what would be the largest single export deal f...
Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., is exploring new offshore funds for individual investors in co...
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 ...
Goldman Sachs, in partnership with JB Asset Management Co., has acquired Mercure Ambassador Seoul Hongdae, a prominent mixed-use commercial property...
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 ...
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...
Hyundai Motor Group, the world’s third-biggest automaker, generated the most economic value among major South Korean conglomerates last year, ...
The artificial intelligence boom is spilling over into the industrial fiber market, driving demand for para-aramid, a so-called super fiber essentia...
Douzone Bizon Co., South Korea’s leading homegrown enterprise software firm and the country’s No. 2 player in the enterprise resource pl...
LS Electric Co., a South Korean industrial system supplier, is poised to deliver a large volume of power control equipment, including switchgears an...
Counterfeit Korean beauty, fashion and food products are surging on overseas e-commerce platforms, with lookalike packaging making them hard to dist...
SK Hynix Inc. has secured Nvidia Corp., Microsoft Corp. and Broadcom Inc. as key clients of its customized high-bandwidth memory (HBM), positioning ...
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...
South Korea’s POSCO Group has been permanently inducted into the Hall of Fame by the World Steel Dynamics (WSD), a US steel industry research ...
MBK Partners’ takeover attempt of Korea Zinc Inc. has exposed the vulnerability of national strategic assets to private equity ownership, posi...
Affirma Capital, a Singapore-headquartered buyout private equity firm, has agreed to acquire the entire portfolio of South Korean waste processing a...
LG CNS Co., the information technology service arm of LG Group, said on Tuesday it has formed a strategic partnership with Skild AI to develop AI-dr...