OB Beer dealmaker Lee Sang-hoon clinches first solo deal with RevU acquisition

OB Beer dealmaker Lee Sang-hoon clinches first solo deal with RevU acquisition

Cadence Capital has agreed to acquire a controlling stake in RevU Corporation, marking the first transaction led by its founder Lee Sang-hoon since ...

Won jumps after tough jawboning as Korea dangles tax breaks to lure back US stock investors

Won jumps after tough jawboning as Korea dangles tax breaks to lure back US stock investors

South Korea on Wednesday unveiled temporary tax breaks to coax retail investors out of US stocks and back into domestic equities, as authorities ste...

Carlyle’s KFC Korea bet: Engineered for exit flexibility

Carlyle’s KFC Korea bet: Engineered for exit flexibility

When the Carlyle Group finalized its acquisition of KFC Korea this week, the industry’s attention shifted immediately from the "what" to the "...

Seoul court rejects MBK bid to block Korea Zinc share sale to US-backed JV

Seoul court rejects MBK bid to block Korea Zinc share sale to US-backed JV

A South Korean court has rejected a bid by an alliance of private equity firm MBK Partners and Young Poong Corp. to block Korea Zinc Inc. from selli...

Korea Investment & Securities taps KakaoBank executive Kim Gwang-ok as new IB head

Korea Investment & Securities taps KakaoBank executive Kim Gwang-ok as new IB head

Korea Investment & Securities has tapped Kim Gwang-ok, a vice president at KakaoBank, as its next head of investment banking, marking his return...

Kakao Entertainment to launch pan-Asian K-pop artist chart with Tencent Music, LINE MUSIC

Kakao Entertainment to launch pan-Asian K-pop artist chart with Tencent Music, LINE MUSIC

Kakao Entertainment is moving to establish a new cross-border benchmark for K-pop popularity, teaming up with China’s Tencent Music Entertainm...

S.Korea’s $4.7 bn next-generation destroyer project set as 2-way race between Hanwha Ocean, HD Hyundai

S.Korea’s $4.7 bn next-generation destroyer project set as 2-way race between Hanwha Ocean, HD Hyundai

South Korea has decided to select the builder of its advanced next-generation destroyers through a competitive bidding process, ending two years of ...

South Korea opens broad special tax probe into Coupang after data breach

South Korea opens broad special tax probe into Coupang after data breach

South Korea’s tax authorities have opened a broad special audit of Coupang Inc., which has come under scrutiny over its handling of a massive ...

Korea’s senior presidential secretary says won’s slide excessive, govt won’t stand idly by

Korea’s senior presidential secretary says won’s slide excessive, govt won’t stand idly by

A senior South Korean presidential secretary has issued a rare warning to currency traders, saying that the government will not stand idly by if spe...

Korea’s Hanwha wins 1st US defense deal with Boeing for F-15 parts

Korea’s Hanwha wins 1st US defense deal with Boeing for F-15 parts

Hanwha Systems Co., a leading South Korean defense manufacturer, has won its first US Air Force contract to supply Boeing Co. with cockpit displays ...

Coupang faces US class-action lawsuit over data breach in Korea

Coupang faces US class-action lawsuit over data breach in Korea

E-commerce giant Coupang Inc. is facing a class action lawsuit in the US following a data breach that exposed personal details of about 33.7 million...

Carlyle buys KFC Korea for $135 mn, deepening its presence in KFC's Asian operations

Carlyle buys KFC Korea for $135 mn, deepening its presence in KFC's Asian operations

The Carlyle Group has acquired the Korean operations of KFC, the iconic fried chicken chain, for about 200 billion won ($135 million), marking one o...

BOK decides to waive FX levy at emergency monetary meeting to boost dollar liquidity

BOK decides to waive FX levy at emergency monetary meeting to boost dollar liquidity

The Bank of Korea (BOK) on Friday convened its first extraordinary meeting of the monetary policy board in a year, approving a temporary waiver of a...

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

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...

Korea Post seeks offshore real estate secondary funds for $150 mn mandate

Korea Post seeks offshore real estate secondary funds for $150 mn mandate

Korea Post is seeking one or two offshore real estate secondary fund managers for a commitment of up to $150 million, or €150 million in total....

South Korea bets on AI, power, financials to carry Kospi toward 5,000 in 2026

South Korea bets on AI, power, financials to carry Kospi toward 5,000 in 2026

South Korean stocks are heading into 2026 with strategists betting that leadership will broaden beyond semiconductors to power, financial and infras...

Hana Financial to expand US presence with $100 mn injection into US banking arm

Hana Financial to expand US presence with $100 mn injection into US banking arm

Hana Financial Group is moving to strengthen its presence in the US with a fresh capital injection into its local banking unit, as South Korean comp...

Korea presidential office convenes FX meeting with top exporters as it eases FX rules

Korea presidential office convenes FX meeting with top exporters as it eases FX rules

South Korea’s presidential office on Thursday convened an emergency meeting with executives from seven of the country’s largest conglome...

BTS’ Anpanman rises to top of Billboard chart 7 years after release

BTS’ Anpanman rises to top of Billboard chart 7 years after release

Few would have expected a B-side released in 2018 to resurface at the top of a Billboard chart in late 2025. Yet BTS’ Anpanman, long familiar ...

Korea Zinc offers preferential terms to US with option to buy up to 34.5% in $7 bn smelter

Korea Zinc offers preferential terms to US with option to buy up to 34.5% in $7 bn smelter

Korea Zinc Inc. has agreed to grant the US government an option to acquire up to a 34.5% stake in a minerals smelter it plans to build in Tennessee,...

Returns of BTS, BigBang, EXO put K-pop stocks back in play

Returns of BTS, BigBang, EXO put K-pop stocks back in play

South Korean entertainment stocks are moving back into the spotlight as expectations build for the return of top boy bands led by BTS and renewed op...

Doosan named preferred bidder for SK Siltron, world's No. 3 chip wafer supplier

Doosan named preferred bidder for SK Siltron, world's No. 3 chip wafer supplier

Doosan Group has moved a step closer to acquiring SK Siltron Co., the world’s third-largest semiconductor wafer maker, after the engineering-t...

South Korean won weakens past 1,480 per dollar, lowest in 8 months

South Korean won weakens past 1,480 per dollar, lowest in 8 months

South Korea’s won weakened past the 1,480 per dollar in intraday trade on Wednesday, reaching its weakest point in about eight months as forei...

Samsung foundry poised to win Intel’s 8 nm chip order

Samsung foundry poised to win Intel’s 8 nm chip order

Samsung Electronics Co. is nearing a deal to manufacture 8-nanometer chips for Intel Corp., a move that would add another marquee customer to its fo...

South Korea’s year-end IPO market defies seasonal lull

South Korea’s year-end IPO market defies seasonal lull

South Korea’s initial public offering market, typically subdued at the end of the year, is showing unusual exuberance as newly listed companie...

SK weighs Ulsan cracker shutdown as S.Korea’s petrochemical shakeout deepens

SK weighs Ulsan cracker shutdown as S.Korea’s petrochemical shakeout deepens

South Korea’s drive to restructure its petrochemical industry is entering a pivotal phase as SK Geo Centric Co. is leaning toward shutting a n...

Hanwha heirs reshape ownership as group moves closer to succession, IPO

Hanwha heirs reshape ownership as group moves closer to succession, IPO

Two of the three sons of Kim Seung-youn, the chairman of South Korea’s Hanwha Group, are selling significant stakes in Hanwha Energy Corp., a ...

S.Korea, UK strike upgraded trade deal, expanding market access on both sides

S.Korea, UK strike upgraded trade deal, expanding market access on both sides

South Korea and the UK have agreed to upgrade their bilateral free trade agreement, a move Seoul expects will unlock fresh export momentum in automo...

NPS extends strategic currency hedging to end-2026, adds flexibility to stabilize won

NPS extends strategic currency hedging to end-2026, adds flexibility to stabilize won

The National Pension Service (NPS), South Korea’s state-run pension fund and largest institutional investor, has decided to extend its strateg...

Seoul weighs Kosdaq split from Kospi to invigorate lagging junior market

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...

OB Beer dealmaker Lee Sang-hoon clinches first solo deal with RevU acquisition K-content dominates Netflix with ‘The Great Flood’ and ‘Culinary Class Wars: Season 2’ leading global charts Hyundai Motor steps up autonomous driving push as Chairman Chung backs software unit 42dot Won jumps after tough jawboning as Korea dangles tax breaks to lure back US stock investors Carlyle’s KFC Korea bet: Engineered for exit flexibility