Korea Zinc faces multiple legal, regulatory challenges in fight against MBK

Korea Zinc Inc. Chairman Choi Yun-birm appears to have kept his grip on the world’s largest zinc smelter after successfully fending off an MBK...

Hahn & Co. acquires SK Specialty for $1.8 billion

Hahn & Co., South Korea’s largest private equity firm, has finalized the acquisition of SK Specialty Co., the world’s leading produc...

Naver to name new CFO as incumbent financial manager's term nears end

South Korea’s tech giant Naver Corp. is expected to soon announce a new chief financial officer as its current CFO Kim Nam-sun, credited for t...

Dunamu slapped with 3-month business suspension order

Dunamu Inc., the operator of South Korea’s largest cryptocurrency exchange Upbit, has been hit with a three-month partial business suspension ...

S.Korea’s bagel sensation London Bagel Museum attracts multiple foreign investors

London Bagel Museum, which has ignited a bagel fad in South Korea, has drawn strong interest from multiple investors from abroad for its stake sale ...

Naver to set up Middle Eastern headquarters in Saudi Arabia

Naver Corp., which has been actively seeking to unlock opportunities in the Middle East with its new growth engines artificial intelligence, cloud a...

Cosmax China participates in Shanghai Beauty Expo

Cosmax Inc., South Korea's largest cosmetics manufacturer specializing in original design manufacturing (ODM), on Thursday that its Chinese subsidia...

Starfield launches 4th annual balloon festival with iconic character displays

Starfield, a chain of large shopping malls owned by Shinsegae, a South Korean retail company, announced on Friday that its 4th annual balloon festiv...

Korea’s Catchtable eyes offshore table reservation markets

Wad Corp., the developer and operator of South Korea’s most popular restaurant reservation app Catchtable, is considering offering Catchtable ...

Korea announces 1st local firm to issue multiple voting shares

South Korea announced on Wednesday that Colosseum Corporation Inc., an artificial intelligence-powered logistics services provider, has become the f...

Celltrion gets OK partial approval for phase 3 of biosimilar in Europe

South Korean biopharmaceutical company Celltrion Inc. announced on Tuesday that it has received approval from the European Medicines Agency (EMA) fo...

Celltrion wins phase 3 IND approval for Ocrevus biosimilar in US

South Korea's biopharmaceutical company Celltrion Inc. announced that it received on Thursday approval from the US Food and Drug Administration (FDA...

Money moves from US, China to India for higher returns

For investors looking for higher returns in emerging markets, India is undoubtedly a market darling.The Asian country, widely expected to become the...

Celltrion applies for Phase 3 clinical trials in Europe for biosimilar

South Korea’s Celltrion Inc. is speeding up global clinical trials of its biosimilar of the multiple sclerosis (MS) treatment Ocrevus (active ...

LIG Nex1 unveils AESA radar for FA-50 light fighter

A South Korean aerospace manufacturer and defense company has unveiled a prototype of an active electronically scanned array (AESA) radar mountable ...

Netmarble unveils Union Tokenomics for Marblex's MBX ecosystem

Netmarble Corp. announced on Thursday that its blockchain subsidiary Marblex has launched the Union Tokenomics, token economic system for the MBX ec...

NCSOFT partners with Gameforge for European release of Aion Classic

South Korean gaming company NCSOFT Corp. said on Thursday that its popular PC online multiplayer role-playing game (MMORPG) Aion Classic will soon b...

Kakao unveils measures to prevent recurrence of service disruptions

South Korea’s Kakao Corp. has unveiled a series of measures to prevent a recurrence of service disruptions after the mobile platform giant cam...

Poland poised to buy Hanwha’s multiple rocket launchers

Poland is on the verge of buying additional artillery rocket systems developed by Hanwha Defense Co., following a string of weapons purchase agreeme...

Samsung SDI in talks with multiple carmakers for 4680 type battery supply

Samsung SDI Co., a major South Korean battery maker, said on Friday that it is in talks with multiple automakers around the world to supply a next-g...

HMM shares weighed by overhang concerns despite soaring profit

South Korea’s largest container line HMM Co. has seen its shares trapped in a boxed range over the past few months despite its spectacular ear...

Hyundai to adopt multiple car assembly system at local plant from August

Hyundai Motor Co. is introducing a multiple vehicle assembly system at its main plant in South Korea to better respond to rising market demand for d...

Naver Z invests in multiple metaverse-related startups to beef up Zepeto

Naver Z Corp. invested in more than eight companies so far this year, according to people familiar with the deals. Naver Z is the operator of Asia...

Samsung CEO: M&A deals in offing, to expand MicroLED TV facilities

LAS VEGAS – Samsung Electronics Co. is working on multiple M&A deals, which it could announce in the near future, as the company is seekin...

Samsung unveils 2.5D chip packaging tech for high-end products

South Korea’s Samsung Electronics Co. has unveiled a new chip packaging technology, called H-Cube, which stacks high-performance chips in mu...

NPS makes new commitments worth $17 bn in private sector every year

South Korea's National Pension Service (NPS) plans to keep increasing private equity investment for mid- to-long term asset allocation, Choe Hyung D...

App Developers’ Payments Dilemma: Easier With or Without Apple and Google?

SEOUL—South Korea’s app developers can soon sidestep the digital tollway mandated by Apple Inc. and Alphabet Inc.’s Goog...

LegoChem’s biotech platform drives 28% share price spike over last month

The rise of the platform economy is a global phenomenon. The spread of the coronavirus pandemic has accelerated the use of contactless technology an...

Hyundai Rotem wins $296.5 mn electric train deal from Tanzania

Hyundai Rotem won a $296.5 million electric train deal from Tanzania as the South Korean railway system maker aims to expand business in Africa.Hyun...

Kolon Industries to lead Kolon Group's remarkable comeback in 2021

Kolon Group is making a remarkable comeback this year to challenge its longtime rival Hyosung Group in future-growth segments including hydrogen. Ac...