Closed Loop

Donald Trump Jr., the eldest son of the US President Donald Trump, is set to visit Seoul next week and meet with Korean business leaders grappling w...

Samsung Electronics Co., the world’s largest memory chipmaker, has put its system chip and foundry businesses under tight scrutiny for a possi...

Affinity Equity Partners said on Friday that it will sign a definitive agreement on March 11 with Lotte Group to acquire a 56.2% stake in South Kore...

The National Pension Service (NPS) has completed the purchase of One Grove for 2.3 trillion won ($1.6 billion), its largest single real estate inves...

South Korea has sharply narrowed the gap in export value with Japan to a record low of $20.2 billion so far this year. But the country’s expor...

A consortium of MBK Partners and Young Poong Corp. has raised its stake in Korea Zinc Inc. to 46.7% of voting shares, drawing the group closer to ma...

Seoul-based Kamur Private Equity has signed a definitive agreement to sell a majority stake in South Korean industrial cutting tool manufacturer JJ ...

MBK Partners, a North Asia-focused private equity firm, has completed the second closing of its sixth buyout fund at $5 billion, on course to reach ...

MarqVision Inc., a startup developing an artificial intelligence-powered intellectual property (IP) protection platform, raised 22 billion won ($16....

Kyung Bok Kung Duty-Free Co., a lesser-known travel retailer, has bucked the trend of South Korea's sluggish duty-free retail industry on a downward...

South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to acquire all shares it does not own in Dyna-Mac Holdings Ltd., a Singapor...

LG Electronics Inc., a leading South Korean home appliance maker, is considering an initial public offering of its Indian business to help achieve a...

Celltrion Inc., South Korea’s biosimilar giant, will proceed with phase 3 trials for global blockbuster drug Keytruda’s copycat CT-P51, ...

South Korea’s second-largest automaker Kia Corp. on Friday unveiled a new K8 large-size sedan, its first drastic facelift in three years.Kia, ...

South Korean stocks on Tuesday recouped some of their hefty losses caused by the previous day's global panic selling after financial authorities iss...

South Korean private equity firm KCGI Co. is expected to acquire local brokerage house Hanyang Securities Co. for 244.9 billion won ($179.8 million)...

Tridge Co., South Korea’s first agricultural product and food trading platform operator invested in by SoftBank Group Corp., is in financial t...

PhyxUp Health Inc., an early stage South Korean digital healthcare startup, will soon close a pre-seed funding round, said its founder and chief, wh...

Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, is highly expected to bag a $920 million contract to supply ...

Coworking space operator WeWork Inc. is slated to shut down a major office in Seoul, once one of the largest WeWork offices in Asia, in September ...

South Korea’s SK Hynix Inc. said on Thursday it is working on next year’s supply plans for its high-bandwidth memory (HBM) chips as clie...

Parnas Hotel announced on Monday that the InterContinental Seoul COEX, which opened in 1999, will close its operations on July 1 and is scheduled to...

The scope of real assets is expanding with new businesses such as infrastructure operating services and supply chain management, creating niche oppo...

Hanwha Q Cells Co., the solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group known as Qcells in overseas markets, ...

South Korea has scrapped a plan to ban direct purchases of some 80 items from overseas e-commerce platforms, a government office said on Sunday, aft...

TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected economic growth in the...

MBK Partners, one of the largest Asian private equity firms, is set to delist South Korea’s leading e-commerce operator Connectwave Co. from t...

LG Chem Ltd., South Korea's No. 1 petrochemical company, will shut down its styrene monomer (SM) production line this month and is mulling closing a...

Paris Baguette and Tous les Jours, South Korea's two largest bakery brands, have been consolidating their positions in the saturated domestic market...

South Korean banks are accelerating moves to close branches given the growth in digital transactions and decline in offline customers but financial ...