emergency situation

Rolex watches are now the latest object of South Korea’s unwavering love for luxury goods. The high demand and limited supply of Rolex watches...

South Korean drugmaker Celltrion Inc. has added Brazil to the list of countries that have granted emergency use approval for its COVID-19 treatment ...

Non-fungible tokens (NFT) are poised to emerge as promising investments in the era of digital transformation once the global pandemic settles down, ...

Hoban Group, started as a small residential rental company in Gwangju in 1989, has now emerged as a major player in South Korea's M&A market, in...

Korean construction and heavy equipment manufacturers have posted strong results in the second quarter, maintaining the trend of recovery from the f...

South Korea was picked as one of the two most attractive emerging markets along with China thanks to the country's fast digitization and low vulnera...

South Korean drugmaker Celltrion Inc. has received the Indonesian government’s permission for restricted use of its COVID-19 treatment Regkiro...

Hanssem Co., South Korea’s largest furniture and home furnishing company, said on Wednesday its honorary chairman and other key shareholders h...

The sale of Citibank Korea’s consumer banking business is gaining traction as potential bidders have started due diligence of the bank, with e...

South Korea is unlikely to obtain the global index provider MSCI’s developed-market status this year with the Korean government’s decisi...

South Korea’s major banks are rushing to Singapore as the city-state is emerging as a new financial hub in Southeast Asia, replacing the tradi...

India, one of the world’s fastest-growing auto markets, has for decades been dominated by Japan’s Suzuki Motor Corp., which runs Maruti ...

Korea’s fashion company Ssangbangwool Inc. (SBW) was the only participant in the Eastar Jet Co. sellout bidding held at the Seoul Bankruptcy C...

As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats up between the countr...

South Korea-based online fashion platform Musinsa has spun off its sneaker resale platform SoldOut to create a subsidiary named SLDT, alongside secu...

It’s been about four months since Lee Seul, a manager at real estate app Zigbang, worked from the company office in Gangnam, one of South Kore...

South Korean companies have posted their best-ever quarterly sales and operating profits, emerging from a year-long slump caused by the global COVID...

SmartStudy, a South Korean edtech firm behind global YouTube hits Pinkfong and Baby Shark Dance, has become the country’s 13th unicorn startup...

Back in 2019, SKC Kolon PI, a maker of industrial film, was put up for sale as the company’s two largest owners thought the business’s g...

One of the highlights from last month’s CES 2021 was Reah Keem, a virtual influencer who appeared during LG Electronics' virtual press confere...

One of the highlights from last month’s CES 2021 was Reah Keem, a virtual influencer who appeared during LG Electronics' virtual press confere...

South Korea is emerging as a global hub for the contract manufacturing of biopharmaceuticals following its latest deal to procure COVID-19 vaccines ...

Twenty years ago today, South Korea’s tech-heavy Kosdaq was reeling from the bursting of the IT bubble, with the junior market’s benchma...

South Korea's two semiconductor startups, Fadu Inc. and Mobilint, have emerged as the country's system chip industry dark horses as their competitiv...

Korean Air Lines Co. will spend 1.8 trillion won ($1.6 billion) to own a majority stake in beleaguered local rival Asiana Airlines Inc., in a deal t...

The 1994 film “Leon,"  known as “The Professional” in the US, became an iconic film portraying an unlikely friendship betwe...

South Korea’s three electric-vehicle battery makers have become the local market’s top picks as their combined market capitalization nearl...

North Asia-focused private equity firm MBK Partners is looking to launch its second special situations fund in the second half of this year to capital...

The National Pension Service (NPS) takes the current financial market volatility caused by the COVID-19 outbreak as a grave threat and is operating it...

The Military Mutual Aid Association (MMAA) has committed $40 million to Oaktree Capital Management’s Asia-focused special situations fund which report...