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Mergers & AcquisitionsCJ ENM, SK Square invest $179 mn in Wavve ahead of merger with TVing
South Korean entertainment powerhouse CJ ENM Co. and SK Group’s investment arm SK Square Co. have invested a combined 250 ...
Nov 27, 2024 (Gmt+09:00)
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Shareholder valueHyundai Motor to buy back $720 mn in shares
Hyundai Motor Co. said on Wednesday it will buy back 1 trillion won ($720 million) in shares in line with the government campaig...
Nov 27, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHD Hyundai Heavy delivers Aegis destroyer to S.Korean Navy
South Korea's HD Hyundai Heavy Industries Co. completed and delivered Jeongjo the Great, one of the world's top-tier Aegis destr...
Nov 27, 2024 (Gmt+09:00)
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EntertainmentSM's UK K-pop group Dear Alice to debut with Gamma
South Korea's SM Entertainment Co. partnered with the US-based music label "Gamma." to globally debut its first British K-Pop bo...
Nov 27, 2024 (Gmt+09:00)
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Executive reshufflesSamsung reshuffles top brass; Co-CEO to control memory business
Samsung Electronics Co., the world’s No. 1 memory chipmaker, reshuffled its leadership on Wednesday in a sweeping move&nbs...
Nov 27, 2024 (Gmt+09:00)
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Food & BeverageCJ CheilJedang's Sobaba Chicken enters US, Japan
South Korea's CJ CheilJedang Corp. said on Wednesday its frozen fried chicken Sobaba Chicken entered Costco stores in the US and...
Nov 27, 2024 (Gmt+09:00)
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Private equityKamur PE sells cutting tool maker JJ Tools to Blackstone
Seoul-based Kamur Private Equity has signed a definitive agreement to sell a majority stake in South Korean industrial cutting t...
Nov 27, 2024 (Gmt+09:00)
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Banking & FinanceKB Kookmin Card, UnionPay to cooperate on marketing
South Korea's KB Kookmin Card said on Tuesday it signed a memorandum of understanding (MOU) with China's UnionPay to cooperate...
Nov 27, 2024 (Gmt+09:00)
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Asset managementMirae Asset aspires to No. 5 in Indian securities market with Sharekhan
South Korea’s leading asset manager Mirae Asset Financial Group will strive to grab the fifth-largest share of the Indian ...
Nov 27, 2024 (Gmt+09:00)
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Asset managementBlackRock names Lee Yoon Pyo as head of S.Korea business
BlackRock, the world's best-known asset manager, has appointed Lee Yoon Pyo as managing director and head of its South Korea ope...
Nov 27, 2024 (Gmt+09:00)
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Korean stock marketKorean pension funds buy a net $1.2 bn in Kospi stocks in November
South Korean pension funds continued their Kospi market buying spree for a fourth straight month in November, notching their lar...
Nov 27, 2024 (Gmt+09:00)
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AutomobilesHyundai launches EV charging subscription in Indonesia
Hyundai Motor Co. said on Wednesday its launch of an electric vehicle (EV) charging subscription service for vehicle owners in I...
Nov 27, 2024 (Gmt+09:00)
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North KoreaKim Jong Un’s Message to Trump: We’re Not Interested
SEOUL—North Korean leader Kim Jong Un appeared to rebuff the prospect of reviving his nuclear diplomacy with Pre...
Nov 27, 2024 (Gmt+09:00)