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...
At home, K-convenience stores battle stagnation; abroad they're powerful K-food ambassadors
In the bustling backstreets of Ulaanbaatar, shoppers file out of a CU convenience store with instant tteokbokki, or simmered Korean rice cake, packs...
LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries
Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell ...
POSCO to supply HIC-resistant steel for Aramco’s Fadhili gas plant
POSCO, South Korea’s largest steelmaker, will supply hydrogen-induced cracking (HIC)-resistant steel to Saudi Arabian Oil Co., or Aramco, for ...
Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead
Samsung Electronics Co. is supplying a new high-performance image sensor featuring nanoprism technology to China’s Xiaomi, as the South Korean...
Google Maps, Blackpink fans’ must-have item for Deadline World Tour
Blinks, the official name of Blackpink's global fandom, is set to enjoy the South Korean girl group’s concerts in the US more conveniently wit...
South Korea moves to mandate treasury share cancellation
South Korea’s ruling Democratic Party is accelerating its push to boost shareholder value by requiring listed companies to cancel treasury sha...
Organic food chain Chorocmaeul up for sale amid liquidity woes
Financial investors in Chorocmaeul Co., a South Korean organic food store chain, are seeking to sell the management control of the company, which re...
Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares
Seoul-based private equity firm Hahn & Co. will award employees of Namyang Dairy Products Co., a South Korean dairy product producer, 1.6 billio...
Korean waste management firm Koentec put on market for $730 mn
Korea Environment Technology Co. (Koentec) is up for sale in a deal that could fetch up to 1 trillion won ($730.4 million) with global private equit...
Samsung’s Q2 operating profit halves amid sluggish chip sales
Samsung Electronics Co.'s operating profit in the second quarter missed market expectations, with a 56% on-year fall, as its mainstay semiconductor ...
Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A
Celltrion Holdings Co. has secured 1 trillion won ($732 million) in fresh funding and plans to spend half of it this year to buy shares in its biosi...
Roborock’s privacy policy fuels data leak fears over Chinese goods
A new personal data processing policy from Chinese robot vacuum maker Roborock is raising fears that consumer data could be leaked to or misused by ...
The wait is over: BTS are back with new album, global tour in spring 2026
Now the wait is over.BTS are back – as a full-member group after a four-year hiatus.The seven-member boy band is returning with a new album in...
Blackstone in talks to acquire Korea’s top salon chain Juno Hair in $590 mn deal
US private equity firm Blackstone Inc. is pursuing the acquisition of Juno Hair, South Korea’s largest premium hair salon chain, in a deal tha...
JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel
JKL Partners Inc., a Seoul-based private equity firm, is set to acquire London Bagel Museum, a growing sensation in South Korea’s booming prem...
Affinity Equity nets $220 mn from block sale of Shinhan Financial
Affinity Equity Partners has unloaded its remaining shares in Shinhan Financial Group, the second largest banking group in South Korea, for about 58...
LS Electric poised to join Nvidia's supply chain via Vertiv deal
LS Electric Co., a South Korean industrial system supplier, is poised to deliver a large volume of power control equipment, including switchgears an...
KakaoBank rallies after winning Thai virtual banking license
Shares in KakaoBank Corp. soared as much as 17% to hit their highest level in nearly three years on Friday after the South Korean internet-only bank...
Kolmar patriarch wants shares gifted to son back amid sibling rivalry
In a dramatic and unprecedented legal move that has shaken South Korea’s corporate landscape, Kolmar Group founder and Chairman Yoon Dong-han ...
Tencent eyes 2nd-largest stake in Kakao Mobility amid broader Korea push
Chinese tech giant Tencent Holdings Ltd. has emerged as a surprise contender in a race to acquire a roughly 40% stake in Kakao Mobility Corp., the o...
S.Korea’s power transformer exports soar as global supply shortage bites
South Korean power equipment makers are riding a wave of export growth, with their transformers in high demand amid a global rush to reinforce power...
LG Energy cracks China's cylindrical battery market with Chery deal
LG Energy Solution Ltd. said on Monday it has signed a six-year contract with Chery Automobile Co. to supply 8 gigawatts per hour (GWh) of next-gene...
Samsung supplies HBM3E to AMD’s new accelerators
Samsung Electronics Co. has delivered the fifth-generation high-bandwidth memory (HBM) to a major AI chip maker, Advanced Micro Devices Inc. (AMD), ...
Seoul agrees to reduce Jakarta’s KF-21 cost share by two thirds
South Korea has finally agreed to reduce Indonesia’s contribution to their joint KF-21 fighter jet development project by two thirds to 600 bi...
Nexon Games shares rally on Tencent’s possible Nexon acquisition
Shares of Nexon Games Co., the game-developing studio under Nexon Co., surged on Friday morning after Bloomberg reported on Chinese IT giant Tencent...
Jollibee to buy chicken chain Norang Tongdak amid global K-food frenzy
Jollibee Foods Corp., a household name in Southeast Asia’s food market, has been named the preferred buyer of Norang Tongdak, a South Korean f...
Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
In a move that could reshape the global memory industry’s competitive dynamics, Nvidia Corp. has chosen US chipmaker Micron Technology Inc. as...
POSCO Future M breaks with China in cathode supply chain
GWANGYANG, SOUTH JEOLLA – POSCO Future M Co., South Korea’s leading battery materials maker, has secured itself a China-free cathode mat...
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,...
