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Shareholder activismDalton Investments raises stake in cosmetics ODM Kolmar
Dalton Investments Inc., a US-based activist fund, has secured a 5.02% stake in South Korea’s Kolmar Holdings Co., stoking...
Nov 06, 2024 (Gmt+09:00)
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ElectronicsWith Samsung Bespoke AI kitchen, anyone can be a Michelin-star chef
Lim Hee-won, a celebrity chef who appeared on Netflix’s cooking competition show Culinary Class War, made a special trip t...
Nov 06, 2024 (Gmt+09:00)
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SportsGlobal sportswear brands race to ride on Korea’s running craze
Global sportswear makers have stepped up competition in South Korea to take advantage of the country’s growing running cra...
Nov 06, 2024 (Gmt+09:00)
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Mergers & AcquisitionsRegulator puts brakes on Korea Zinc’s $1.8 bn rights issue
South Korea’s Financial Supervisory Service (FSS) has put the brakes on Korea Zinc Inc.'s 2.5 trillion won ($1.8 billion) ...
Nov 06, 2024 (Gmt+09:00)
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Korean foodS.Korea's BBQ enters world's most populous market, India
Genesis BBQ Group, the operator of a popular South Korean fried chicken brand, is expanding its market to South Asia by entering...
Nov 06, 2024 (Gmt+09:00)
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Food & BeverageS.Korea's SPC Samlip launches B2B brand 'Yaam'
SPC Samlip Corp., a subsidiary of South Korea’s food and bakery giant SPC Group, announced Wednesday that it has launched ...
Nov 06, 2024 (Gmt+09:00)
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AutomobilesTata Daewoo rebrands itself as Tata Daewoo Mobility
South Korea's Tata Daewoo Commercial Vehicle Company is rebranding itself as "Tata Daewoo Mobility" to mark its 30th anniversary...
Nov 06, 2024 (Gmt+09:00)
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Corporate restructuringFila sportswear brand downsizes loss-making US business
South Korean-owned sportswear brand Fila said on Tuesday it scaled back its loss-making US business to improve earnings through ...
Nov 06, 2024 (Gmt+09:00)
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Artificial intelligenceLG CNS launches AI solution Enerdict for virtual power plant operators
LG CNS Co., a leading South Korean IT service provider, has launched Enerdict, an AI-powered solution designed to optimize the o...
Nov 06, 2024 (Gmt+09:00)
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EarningsCoupang posts record quarterly sales, swings to Q3 operating profit
Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, posted its highest quarterly sales in the third ...
Nov 06, 2024 (Gmt+09:00)
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Aerospace & DefenseLIG Nex1, UK’s Babcock sign MOU to develop global MRO market
LIG Nex1 Co., a leading defense systems developer in South Korea, announced on Wednesday that it had signed a comprehensive memo...
Nov 06, 2024 (Gmt+09:00)
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Banking & FinanceKB Financial first in Korean banking to achieve ISO human capital standard
South Korea’s KB Financial Group said on Tuesday that it had obtained ISO 30414 certification, becoming the first in the d...
Nov 06, 2024 (Gmt+09:00)