Korean business culture

South Korea’s top steelmaker POSCO Holdings Inc. and its domestic peers are poised to raise product prices further to cut losses amid surging ...

South Korean investors armed with ample liquidity have rushed to buy corporate debts to enjoy high yields before rates head south later this year, l...

Dear Dahlia, a South Korean vegan makeup brand that operates around 300 stores across the globe, has been put on for sale for more than 100 billion ...

POSCO International Corp., a South Korean general trading and energy exploration company, will invest 1 trillion won ($760 million) in its energy bu...

Less than five years ago, Invossa, a cell and gene therapy for osteoarthritis, was expected to hit the global market with great fanfare.Developed by...

E-Mart24 Inc., a leading South Korean convenience store chain, announced on Friday plans to enter the Cambodian market, aiming to open its first sto...

SK Hynix Inc., the world’s second-largest memory chip producer, is reported to have picked Indiana as the site for its advanced chip packaging...

It all began in August, when hundreds of tons of frozen South Korean kimbap, or seaweed-wrapped rice rolls, sold out within a month of their arrival...

Secondary strategy is South Korean institutional investors’ top pick for private equity investments for two straight years, a survey showed. Man...

South Korean limited partners will tap private debt as their most preferred asset class in 2024 to secure stable income amid geopolitical conflicts an...

Samsung Group’s fashion unit posted record profit and revenue for the second straight year in 2023. The fashion division, which logged deficit...

South Korean battery materials manufacturer EcoPro Co. said on Thursday that it has signed a memorandum of understanding (MOU) with the US-based l...

South Korea's Hyundai Department Store Group announced on Thursday that it launched H Point Global, a dedicated membership service for foreign cus...

South Korea’s SGC eTEC E&C Co. said on Thursday that it signed an agreement with OCIM, OCI Holdings Co. 's Malaysian subsidiary, to join...

Japan has finally given the nod to the merger between South Korea’s No. 1 full-service carrier Korean Air Lines Co. and No. 2 Asiana Airlines ...

Global real estate will be the least-chosen asset class for South Korean institutional investors this year, according to a recent survey. Despite curr...

POSCO International Corp. and POSCO Holdings Inc. announced on Wednesday that they signed a strategic collaboration agreement (SCA) with the Abu Dha...

South Korean banks are scurrying to suspend the sale of equity-linked securities (ELS) after the country’s financial regulator said it may con...

South Korea's Lotte Wellfood Co. announced on Wednesday that it plans to build a Pepero production line in India. Pepero is a thin cookie stick with...

South Korea’s CJ Logistics announced on Wednesday that it has formed a strategic partnership with Vietnamese state-owned retail chain giant ...

Digital infrastructure, such as data centers, towers and smart meters, will be the hottest infrastructure asset this year for South Korean limited par...

South Korea's Huneed Technologies announced on Tuesday that it has signed a teaming agreement with the UK-based Codan Communications DTC. The two c...

UBS Group AG and Citigroup Global Markets Inc. are set to manage the sale of a joint venture between global private equity giant KKR Co. Inc. and ai...

South Korean fabless artificial intelligence chip startup Rebellions Inc.’s plan to co-develop the next-generation AI chip with the world&rsqu...

South Korean convenience store chains are accelerating exports of food products under their private brands as the domestic market competition is int...

South Korea's Fashion Group Hyungji reported on Tuesday a preliminary 30 billion won ($22.5 million) in earnings for 2023, a staggering 145% jump fr...

POSCO International Corp. joined the "1 trillion won ($751 million) profit club" for the first time in 2023, powered by a near doubling of its energ...

South Korean construction companies are penetrating deeper into Central and South America, where high demand for infrastructure facilities is now se...

South Korean financial group chiefs will no longer enjoy automatic term extensions as the government is stepping up pressure on the groups to improv...

Private debt and infrastructure will remain South Korean institutional investors’ favorite alternative asset classes for the second straight yea...