Hanwha-owned burger chain Five Guys Korea up for sale two years after launch
South Korea’s Hanwha Group is seeking to sell the Korean operations of US premium burger chain Five Guys, two years after the brand’s hi...
Rental housing gains appeal amid supply crunch: asset managers
The rental housing markets in the US, Europe and Australia present attractive investment opportunities as persistent supply shortages and rising urb...
Celltrion shares rise after bonus issue announcement
Celltrion Inc., South Korea’s largest biosimilar developer, will issue bonus shares to bolster its stock performance, which has been in the do...
Bid heats up for IGIS-owned co-living building in Seoul
An auction for a co-living building, owned by South Korea’s top real estate asset management firm IGIS Asset Management Co., in the hip Hongda...
Kyobo Life poised to buy Japan’s SBI Group-owned savings bank
Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savin...
Dongwon Industries to delist wholly owned Dongwon F&B
Dongwon Industries Co., the holding company of South Korea’s seafood-to-logistics Dongwon Group, will delist its canned tuna-manufacturing sub...
Colliers to lead $689 million sale of IGIS Asset-owned Signature Tower
Colliers Korea, a unit of global real estate asset management group Colliers, has been chosen as the adviser for the sale of Signature Tower in cent...
Hyundai-owned Boston Dynamics’ Spot embarks on public safety missions
Spot, a quadruped robot developed by Boston Dynamics Inc., will aid defense and safety agencies in Australia, New Zealand and Indonesia to assist in...
IMM consortium owns 100% of Hyundai LNG Shipping; Stake sale eyed
A consortium of IMM Private Equity Inc. and IMM Investment Corp. has secured full ownership of Hyundai LNG Shipping, South Korea’s top liquefi...
Netmarble gets tailwind from new titles, BTS comeback
Netmarble Corp., a leading South Korean gaming company, expects to gain new growth momentum from the launch of nine new titles and the anticipated f...
SM Entertainment acquires additional 11.4% stake in DearU for $9.2 mn
SM Entertainment Co., South Korea’s music powerhouse behind internationally popular boy and girl bands like EXO and aespa, has acquired an add...
MBK-owned Homeplus files for corporate revamp with Seoul court
South Korea’s leading hypermarket operator Homeplus Co., wholly owned by North Asia-focused private equity firm MBK Partners, on Tuesday filed...
J-R AMC, BlueCove bid on $70 million sale of Mirae Asset, NPS’ Shilla Stay
The sale of Shilla Stay Dongtan, a premium business hotel operated by South Korea’s Hotel Shilla Co., has attracted four bidders, underscoring...
Samsung's Harman goes from ugly duckling to golden swan
When Samsung Electronics Co. acquired Harman International Industries Inc., a global leader in the audio and automotive electronics business, in 201...
S.Korea’s default risk dips below pre-martial law levels
South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of its currency value ag...
Sale of Doosan Tower attracts bids from IGIS, Kiwoom, Korea Investment
The much-anticipated sale of Doosan Tower in Seoul’s central business district (CBD) has attracted bids from three interested parties – ...
Seoul Guarantee Insurance sharply cuts IPO valuation
Seoul Guarantee Insurance Co. (SGI) has slashed its target valuation by about 40% in a renewed attempt to go public on the South Korean stock exchan...
Kia starts to produce Syros SUV in India
Kia Corp. started mass production of the Syros, a versatile sports utility vehicle (SUV) specifically designed to meet the needs of customers in I...
Ruthless Politics of South Korea Is Rooted in Cold-War History
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LS Group’s US magnet wire unit to go public with $1.4 bn value
The US magnet wire unit of South Korea’s leading electric power, materials and energy conglomerate LS Group is seeking an initial public offer...
DS Dansuk wins $750 mn SAF material order from Phillips 66
South Korea's DS Dansuk Co., which operates bioenergy, battery, and plastic recycling businesses, said on Monday it signed a 1 trillion won ($750 mi...
CJ Logistics, Baropharm to cooperate on pharmaceutical logistics
South Korea's CJ Logistics said on Monday it signed a strategic partnership and exclusive pharmaceutical logistics contract with Baropharm, an integ...
Hyundai-owned Boston Dynamics, Toyota team up for humanoid robots
South Korea’s Hyundai Motor Co. and Japan’s Toyota Motor Corp., the world’s No. 3 and No. 1 automakers, respectively, are teaming ...
Hansae Yes24 moves closer to acquiring GM supplier Erae AMS
Hansae Yes24 Holdings Co., the holding company of South Korea’s leading apparel original equipment manufacturer (OEM) Hansae Co., has moved a ...
Acquisition loan rates dip to pre-pandemic levels in S.Korea
Interest rates on acquisition financing in South Korea are set to stabilize at the 5% level, rates last seen before COVID-19 swept the world, height...
Kolon to invest $94 mn in industry film JV with SK Microworks
South Korea’s major chemical materials producer Kolon Industries Inc. is set to invest 129.6 billion won ($94.2 million) to establish an indus...
Low-cost carrier Fly Gangwon rebranded as Parata Air
South Korea's low-cost carrier (LCC) Fly Gangwon, based in Gangwon Province, has rebranded itself as Parata Air and is embarking on a new beginning....
S.Korea's Rebellions secures investment from Aramco
Rebellions Inc., a South Korean artificial intelligence chip design startup, announced on Tuesday that it secured investment from Saudi Arabia's sta...
Samsung Galaxy Z foldable's pre-sales soars 40% rise in India
Samsung Electronics Co.'s latest foldable phones showed strong sales potential in India, the world's most populous country, with pre-sales for the G...
PhyxUp closes in on pre-seed round with US advance
PhyxUp Health Inc., an early stage South Korean digital healthcare startup, will soon close a pre-seed funding round, said its founder and chief, wh...
