Korea Investment & Securities, UBP seek private banking partnership

Korea Investment & Securities, UBP seek private banking partnership

Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., said on Thursday it has discussed a strategic partnership with...

K Shipbuilding up for sale as Korean shipyards ride new boom

K Shipbuilding up for sale as Korean shipyards ride new boom

K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market this month after a strong turnaround. The deal, estimated at 500 ...

HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders

HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders

HD Hyundai Co., the world’s largest shipbuilding group based in South Korea, has signed a memorandum of understanding with India’s large...

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...

NPS, Scape acquire Aussie senior living operator Aveo from Brookfield

NPS, Scape acquire Aussie senior living operator Aveo from Brookfield

South Korea’s state-run pension fund, the National Pension Service (NPS), has partnered with Australia’s student housing specialist Scap...

Lockheed Martin, KAI to expand partnership to future defense, aerospace tech

Lockheed Martin, KAI to expand partnership to future defense, aerospace tech

Global defense giant Lockheed Martin Corp. and Korea Aerospace Industries Ltd. (KAI) on Tuesday agreed to expand their collaboration into futur...

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...

LG CNS forms strategic partnership with robotics startup Skild AI

LG CNS forms strategic partnership with robotics startup Skild AI

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...

Hyundai Steel to displace Baoshan as GM Korea's supplier

Hyundai Steel to displace Baoshan as GM Korea's supplier

Hyundai Steel Co. is poised to displace Baoshan Iron & Steel Co. as a key supplier to GM Korea Co., a unit of General Motors Co., as the US carm...

Baby Shark video creator files for Kosdaq IPO

Baby Shark video creator files for Kosdaq IPO

The Pinkfong Company Inc., the creator of the billion-view video Baby Shark, has launched the process of an initial public offering on South Korea&r...

Korea’s KT signs $95 million AI partnership with Vietnam’s Viettel Group

Korea’s KT signs $95 million AI partnership with Vietnam’s Viettel Group

South Korea’s leading telecommunications service provider KT Corp. said on Tuesday it has signed a 130 billion won ($95 million) strategic par...

OpenAI sets up entity in Korea with most paid ChatGPT users outside US

OpenAI sets up entity in Korea with most paid ChatGPT users outside US

OpenAI Inc., the creator of generative AI ChatGPT, has established a legal entity in South Korea, which has the largest number of paying ChatGPT sub...

Samsung Biologics to spin off biosimilar unit Samsung Bioepis

Samsung Biologics to spin off biosimilar unit Samsung Bioepis

Samsung Biologics Co., the world’s largest contract drugmaker, will undergo a strategic split to separate its contract development and manufac...

Shinhan Securities acquires stake in Vietnam’s top trading platform FireAnt

Shinhan Securities acquires stake in Vietnam’s top trading platform FireAnt

Shinhan Securities Co., a leading South Korean brokerage house, has acquired a strategic equity stake in FireAnt, Vietnam’s largest retail tra...

UK chip testing device maker TeraView seeks Kosdaq debut

UK chip testing device maker TeraView seeks Kosdaq debut

TeraView Ltd., a UK semiconductor inspection device maker, is aiming to list on South Korea’s Kosdaq market in the second half of this year, i...

NCSOFT invests in US game startup emptyvessel

NCSOFT invests in US game startup emptyvessel

NCSOFT Corp. has made an equity investment in emptyvessel, a US indie games studio, as part of efforts to expand into the first-person shooter genre...

Doosan enters race to acquire SK Siltron in strategic semiconductor push

Doosan enters race to acquire SK Siltron in strategic semiconductor push

South Korea’s Doosan Group has entered the bidding war for SK Siltron Co., the world’s third-largest manufacturer of semiconductor wafer...

Samsung, Google to unveil smart glasses next year in deeper AI alliance

Samsung, Google to unveil smart glasses next year in deeper AI alliance

Samsung Electronics Co. and Google LLC are strengthening their long-standing alliance as the artificial intelligence (AI) era redefines the balance ...

HD Hyundai Heavy, HII team up for naval shipbuilding

HD Hyundai Heavy, HII team up for naval shipbuilding

HD Hyundai Heavy Industries Co. (HD HHI) and US naval shipbuilding leader Huntington Ingalls Industries Inc. (HII) have agreed to join hands to buil...

Korea’s KG Mobility teams up with Chery to develop mid to large SUVs

Korea’s KG Mobility teams up with Chery to develop mid to large SUVs

KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-larg...

Samsung Chairman Lee meets with Xiaomi CEO Lei Jun for partnership

Samsung Chairman Lee meets with Xiaomi CEO Lei Jun for partnership

BEIJING – Samsung Electronics Co. Chairman Lee Jae-yong has met with Xiaomi Inc. Chief Executive Lei Jun in the Chinese capital, raising specu...

SK Telecom to secure stake in IonQ, forges quantum partnership

SK Telecom to secure stake in IonQ, forges quantum partnership

South Korea’s largest telecom company SK Telecom Co. will acquire about a 3% stake in IonQ Inc., the world’s first publicly traded quant...

J-R AMC, BlueCove bid on $70 million sale of Mirae Asset, NPS’ Shilla Stay

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...

LG Electronics deepens ties with US startup Apex.AI

LG Electronics deepens ties with US startup Apex.AI

LG Electronics Inc. has invested in Apex.AI, a US-based startup developing safety-certified software designed to accelerate the transition of softwa...

Korea Investment & Securities aims to be Asia's top securities firm

Korea Investment & Securities aims to be Asia's top securities firm

Korea Investment & Securities Co. will step up its asset management business by launching innovative global investment products, aiming to surpa...

Korean tractor maker Daedong ends two-decade partnership with Deere

Korean tractor maker Daedong ends two-decade partnership with Deere

Daedong Corp., South Korea’s leading tractor and farm machinery maker, has ended its two-decade-long partnership with Deere & Co., the wor...

LG, SNU team up to develop AI modeling for protein structure predictions

LG, SNU team up to develop AI modeling for protein structure predictions

LG AI Research Institute, the artificial intelligence think-tank of LG Group, South Korea’s fourth-biggest conglomerate, on Thursday signed a ...

Kakao set to announce AI partnership with OpenAI

Kakao set to announce AI partnership with OpenAI

Kakao Corp., South Korea’s dominant mobile platform, is expected to unveil a business partnership with OpenAI to incorporate the technology of...

Allsale, K-beauty's leading ambassador to the US

Allsale, K-beauty's leading ambassador to the US

Allsale Corporation, a South Korean startup operating an influencer marketing platform, is in talks with investors to further support Korean cosmeti...

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 S.Korea’s most prominent business leader returns with all his charges cleared Korea Investment & Securities, UBP seek private banking partnership Maru SF to open in Silicon Valley in November as Korean startup gateway