Closed Loop

Lotte Chemical Corp., a South Korean petrochemical giant, will rename Iljin Materials Co., the country’s second-largest copper foil maker, as ...

Samsung Electronics Co. may ramp up its investment in screen panel affiliate Samsung Display Co. to meet growing demand for next-generation quantum ...

MBK Partners, a leading Asian private equity firm, and Unison Capital Korea agreed on a tender offer to acquire management rights of Osstem Implant ...

Hyundai Motor Co. and Kia Corp. kept their fifth place in sales in the US market for the second consecutive year. Despite production setbacks due to...

Millennium Hilton Seoul, founded in 1983, will close down for business on Dec. 31 due to redevelopment plans for the property.The five-star hotel ...

South Korea’s electronics-to-battery conglomerate LG Group expects its received orders for auto components to reach over 500 trillion won ($...

Kream, a customer-to-customer (C2C) platform for buying and selling limited-edition sneakers, is slated to close the Series C round with a 200 bil...

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Thursday it has developed working samples of DDR5 multiplexer combined ranks dual ...

South Korean clothing and footwear distributor Youngone Corp. acquired 30 billion won ($22.8 million) worth of Hanjin KAL Corp. shares in August of ...

South Korean automaker Hyundai Motor Co. has unveiled a new Grandeur sedan – the first fully revamped model in six years – to strengthen...

South Korea’s main bourse Kospi dropped 1.81% to finish at 2,290.00 on Sept. 23, hitting a new low closing for the year amid growing woes over...

LG Display Co., South Korea’s major display maker, is set to pull out of the liquid crystal display (LCD) TV panel business for domestic use. ...

South Korea’s national flag carrier Korean Air Lines Co. and online platform giant Naver Corp. are expanding their business cooperation in dig...

Lotte Duty Free, South Korea’s largest duty-free business operator, is closing one of its flagship stores in Seoul in the wake of the COVID-19...

Kakao Entertainment Corp., a unit of South Korea’s mobile platform giant Kakao Corp., is struggling to raise money as surging inflation and ri...

KKR & Co. on Wednesday announced the final close of its first Asia credit fund at $1.1 billion, the largest such fund focused on Asia.The privat...

South Korea’s new President Yoon Suk-yeol called an emergency meeting as the won currency tumbled to its weakest level since the 2008-09 globa...

South Korean entertainment powerhouse CJ ENM Co. and online platform giant Naver Corp. are launching a drama production studio in Japan to tap into ...

South Korea’s biopharmaceutical companies are close to commercializing a COVID-19 vaccine and treatment pill as they are on the brink of compl...

Morgan Stanley Private Equity has acquired a South Korean dietary supplements maker Life & Bio Co., in its first Korean buyout deal in eight yea...

Kakao Entertainment Corp., a unit of South Korea's top mobile messenger app, is in the final stages of talks to buy a controlling stake in SM Entert...

National Pension Service (NPS), Korean Teachers’ Credit Union (KTCU) and other institutional investors of South Korea are likely to contribute...

South Korea's benchmark stock index Kospi declined to its lowest closing level in one and a half months on Monday, moving in the opposite direction ...

CICC Capital, a private equity firm of China's largest investment bank China International Capital Corporation (CICC), will create funds with a comb...

South Korea’s MBK Partners said on Jan. 3 that it has completed the 100% acquisition of Dongjin Textile Co. -- a Korean firm that has been s...

Hyundai Motor Group, South Korea’s top automaker, will stop developing new internal combustion engines in order to accelerate its transformati...

LIG Nex1 Co., a leading South Korean defense company, is close to a record $3.5 billion deal to export its surface-to-air missile system to the Unit...

South Korea’s MBK Partners, one of the largest private equity firms in Asia, said it has raised $1.8 billion for its second special situations...

South Korean conglomerate Lotte said on Tuesday it is joining hands with three other partners to enter the country’s urban air mobility (UAM) ...

Two Korean pension funds have together invested €90 million ($104 million) in BlackRock Real Assets’ co-investment fund Global Infrastruc...