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EarningsPOSCO emerges from pandemic blues with record third-quarter profit
South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-...
Oct 13, 2021 (Gmt+09:00)
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Korean startupsLuxury reseller EndAnd offers one-of-a-kind authentication service
One of the biggest concerns in purchasing a secondhand luxury item is being uncertain if the item is real or fake. And South Kor...
Oct 13, 2021 (Gmt+09:00)
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Tech, Media & TelecomNaver's metaverse platform seeks over $40 mn in funding
Naver Z Corp., the operator of South Korea's metaverse platform Zepeto, is in the early stages of talks with investors to raise ...
Oct 13, 2021 (Gmt+09:00)
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Hydrogen economySK to form 'turquoise' hydrogen JV in Korea with Monolith
SK Inc., the holding and investment company of South Korea’s SK Group, agreed to establish a 'turquoise' hydrogen joint ve...
Oct 13, 2021 (Gmt+09:00)
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IPOsLG Energy Solution’s IPO plan remains elusive after GM recall settlement
South Korea’s top battery maker LG Energy Solution Ltd. is about to resume its initial share sale plan shelved for months ...
Oct 13, 2021 (Gmt+09:00)
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Corporate restructuringAmazon in talks to invest in SK Tel's spun-off unit
Amazon.com, the world's largest online retailer, is in negotiations with South Korea's SK Telecom Co. to invest in the mobile ca...
Oct 13, 2021 (Gmt+09:00)
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Mergers & AcquisitionsSsangyong Motor struggles to find new owner
Ssangyong Motor Co., the troubled South Korean sport utility vehicle manufacturer, is struggling to find a new owner amid doubts...
Oct 13, 2021 (Gmt+09:00)
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MarketsSamsung shares' underperformance deepens on growth concerns, won
Shares of Samsung Electronics Co., South Korea’s largest stock on the main bourse, are significantly underperforming as an...
Oct 13, 2021 (Gmt+09:00)
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AutomobilesGM says it will recover $1.9 billion of Bolt-recall costs from LG
General Motors Co. said it would recover from supplier LG Electronics Inc. nearly all of the $2 billion cost of r...
Oct 13, 2021 (Gmt+09:00)
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North KoreaNorth Korea puts on show of missile might as Kim Jong-un snubs US
North Korea put on one of its largest displays of missiles at an event at which dictator Kim Jong Un said Pyongyang co...
Oct 13, 2021 (Gmt+09:00)
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Mobile networksHuawei, Ericsson or Nokia? Apple or Samsung? US or China? Who’s winning the 5G races?
Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply ...
Oct 13, 2021 (Gmt+09:00)
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AutomobilesKorean auto shares shine in gloomy stock market
South Korean car shares overcame slides in the country’s stock markets as the automotive chip shortage is showing some sig...
Oct 13, 2021 (Gmt+09:00)
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Private equityJoe Bae to co-lead KKR as 2nd Korean-descendent CEO of a PE giant
Joseph Bae, co-president of KKR & Co., was named as its co-chief executive officer this week, becoming the second Korean des...
Oct 13, 2021 (Gmt+09:00)