Seoul to rewrite Kosdaq with tax breaks, listing reforms

South Korea is moving to revamp its Kosdaq market, pairing tax incentives aimed at institutional investors with listing reforms designed to revive t...

Krafton, Naver and Mirae Asset to launch up to $740 million Asia tech fund in India push

Krafton Inc., South Korea’s leading game developer, said on Friday it will join forces with Naver Corp., the country’s dominant internet...

Seoul weighs Kosdaq split from Kospi to invigorate lagging junior market

South Korean policymakers are weighing a far-reaching reform of the country’s stock market structure that would separate the Kosdaq from its l...

Weak won turns S.Korean firms into bargains, fueling foreign buying spree

Foreign acquisitions of South Korean companies have surged this year as the won’s sharp depreciation dragged down valuations amid lingering ec...

South Korea plans domestic asset-backed wealth fund modeled on Temasek

South Korea plans to create a sovereign wealth fund that would invest in state-owned assets, valued at around 1,300 trillion won ($900 billion), mod...

SK Ecoplant’s IPO push clashes with investor allegations of penalty evasion

SK Ecoplant Co.’s plan to go public next year has met a backlash from its financial investors, who accuse the company of forcing a premature l...

Coupang CEO resigns after data breach; interim chief appointed

Park Dae-jun, chief executive overseeing Coupang Inc.’s Korean operations, has resigned to take responsibility for the company’s recent ...

Coupang users to file class-action lawsuit in US over data leak

Several hundred customers of Coupang Inc. are joining forces to bring a class-action lawsuit against the e-commerce giant to a US federal court, see...

Fried chicken chain Popeyes’ Korean operations put up for sale

Restaurant Brands International (RBI), the parent of Popeyes, is approaching private equity firms and mid-sized enterprises to sell the South Korean...

Samsung advances HBM4 toward mass output after clearing key internal test

Samsung Electronics Co. has completed a crucial internal qualification step for its next-generation high-bandwidth memory 4 (HBM4) chip, moving a st...

S.Korea’s corporate reform fuels new era of activist muscle in boardrooms

South Korea’s push to rewrite its corporate rulebook is accelerating a surge in shareholder activism, giving domestic and foreign funds a deep...

After market jolt, Nvidia tries to reassert control of AI narrative

Nvidia Corp. is mounting a forceful defense against rising skepticism over the durability of the artificial intelligence boom, circulating a seven-p...

Celltrion steps into weight-loss market with oral rival to Wegovy, Mounjaro

Celltrion Inc., the South Korean biosimilar giant seeking to expand into higher-value innovative medicines, is positioning itself as a future conten...

LG Chem wins $2.6 billion cathode deal with US client

LG Chem Ltd. has secured a 3.8 trillion won ($2.6 billion) contract to supply cathodes, a key material in lithium-ion batteries, to a US customer, S...

Samsung launches 1st M&A-only team, signaling return to big deals

Samsung Electronics Co. has launched its first team dedicated solely to mergers and acquisitions, a sign the South Korean tech giant is gearing up...

Shinhan becomes 1st foreign bank to issue transition bonds in Japan, raising $260 mn

Shinhan Bank has become the first foreign issuer of transition bonds in Japan’s Samurai bond market, raising 40 billion yen ($260 million) to ...

GM Korea to close company-run service centers amid US tariff pressure

GM Korea will shut down its company-operated service centers in South Korea by February 2026, according to people close to the matter on Friday. The...

KKR bets on waste, renewables, digital infrastructure in Korea

South Korea’s infrastructure sector is evolving beyond regulated utilities as private sector participation expands across key asset classes.Th...

K-beauty, K-food on diverging paths in M&A market

K-beauty and K-food have long been defining pillars of the Korean Wave. But their fortunes have sharply diverged in the mergers and acquisitions mar...

Classys, majority owned by Bain Capital, acquires Brazil's biggest beauty device retailer

South Korean medical aesthetics company Classys Inc. has acquired JL Health Participacoes S.A., a medical beauty device retailer in Brazil, one of i...

Hyundai Motor beats Toyota to reach 33rd on Time’s World’s Best Companies 2025 list

Hyundai Motor Co. has been named South Korea’s top-performing company in Time magazine’s annual ranking of the World’s Best Compan...

Third-generation heir Chung Kisun appointed chairman of HD Hyundai

Chung Kisun, vice chairman of HD Hyundai Group, was appointed its chairman on Friday, marking a generational shift at the family-run South Korean sh...

Emerging K-beauty giant APR eyes biotech sector with anti-aging therapies

APR Co., one of South Korea's fastest-growing beauty companies, has unveiled plans to expand into the biotechnology sector as it seeks to position i...

KDB recoups $664 mn in public funds from HMM’s buyback

The Korea Development Bank (KDB) has made its first recovery of public funds from HMM Co. following the South Korean ocean carrier’s completio...

KAI-Lockheed Martin seen as frontrunner in US Navy’s jet trainer bid

A consortium between Korea Aerospace Industries Ltd. and Lockheed Martin Corp. is well-positioned to win the US Navy’s advanced jet trainer co...

Korea’s defense firms aim for global top 4 with ‘Made in Europe by Korea’ strategy

South Korea’s defense companies are accelerating efforts to build weapons in Europe as they look to cement their place among the world’s...

Hyundai E&C lands $3 bn seawater treatment plant deal in Iraq

Hyundai Engineering & Construction Co. (Hyundai E&C), the construction company under South Korea’s Hyundai Motor Group, has bagged a $...

POSCO tipped to become 1st Korean company to join Alaska LNG project

POSCO International Corp. is tipped to become the first South Korean company to join the $45 billion Alaska liquefied natural gas (LNG) project foll...

South Korea’s Duguru picks Singapore for global debut

Duguru, a Seoul-based specialist known for blending plants with interior design, is gearing up for global expansion by bringing Korean-style landsca...

Taekwang front-runner in $360-mn Aekyung Industrial deal for K-Beauty expansion

Taekwang Industrial Co. is set to take control of Aekyung Industrial Co. in a nearly 500 billion won ($360 million) deal, betting the South Korean c...