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Carbon neutralityHyundai Oilbank steps up eco-friendly white bio business
Hyundai Oilbank Co., a South Korean petroleum and refinery company, is slated to tap into the white biotechnology market. The co...
May 11, 2022 (Gmt+09:00)
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IPOsOne Store becomes fifth Korean IPO dropout this year
One Store Co., South Korea's homegrown app store, on Wednesday canceled its initial public offering on the Korea Exchange, after...
May 11, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKKR to buy SK’s gas production facility for more than $785 mn
KKR & Co., a global private equity firm, is set to buy South Korean conglomerate SK Group’s industrial gas production ...
May 11, 2022 (Gmt+09:00)
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Behind the ScenesSouth Koreans turned off by luxury fashion houses’ price hikes
A Cartier boutique inside a department store in Seoul’s posh Gangnam District was unusually slow on Tuesday. The quie...
May 11, 2022 (Gmt+09:00)
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EntertainmentHBO, Paramount to enter Korea via local OTT players
Two US streaming platforms HBO Max and Paramount Plus will be launching South Korean services this year via domestic over-the-to...
May 11, 2022 (Gmt+09:00)
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BatteriesPOSCO to invest $20 billion in battery materials to rival Chinese firms
POSCO Group, which owns South Korea’s largest steelmaker, plans to invest 25 trillion won ($20 billion) to secure a stable...
May 11, 2022 (Gmt+09:00)
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Real estateMirae Asset named preferred bidder for IFC Seoul
Mirae Asset Global Investments Co., an asset management arm of Mirae Asset Financial Group in South Korea, will be in an exclusi...
May 11, 2022 (Gmt+09:00)
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Future mobilityLG’s telecommunication unit joins UAM race in Korea
LG Group’s telecommunication unit joined the race for South Korea’s urban air mobility (UAM) to secure a future grow...
May 11, 2022 (Gmt+09:00)
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Korean startupsCJ ventures into fandom platform with $17 mn investment
CJ Group, one of South Korea’s largest family run conglomerates, or chaebol, is venturing into the fandom platform busines...
May 11, 2022 (Gmt+09:00)
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Bio & PharmaCelltrion to sell biosimilar products via its own channel in Europe
South Korea's biopharmaceutical company Celltrion Inc. plans to sell all of its biosimilar products through its own sales channe...
May 11, 2022 (Gmt+09:00)
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EnergySamsung to join NuScale's SMR nuclear plant projects
South Korea's Samsung C&T Corp. will make its foray into the small modular reactor (SMR) market by joining the US-based NuSc...
May 11, 2022 (Gmt+09:00)
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Business & PoliticsSouth Korea’s new president offers Pyongyang economic aid for denuclearization
SEOUL—South Korea’s new president said he would keep the door open for dialogue with North Korea and provide support f...
May 11, 2022 (Gmt+09:00)