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Banking & Finance
Mirae Asset Securities acquires European ETF market maker GHCO
Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...
May 16, 2023 (Gmt+09:00)
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Batteries
LG Chem aims higher for battery materials with diverse portfolio
South Korea’s LG Chem Ltd. on Tuesday revised up its 2030 sales goal for battery materials by 45% after it delivered stronger-than-expected re...
May 16, 2023 (Gmt+09:00)
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K-pop
BTS’ memoir of past decade to be published in July
A book describing the K-pop boy band BTS’ 10 years of history will be published in July.According to the New York Times and the Guardian, the ...
May 12, 2023 (Gmt+09:00)
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Entertainment
CJ ENM’s OTT platform TVing: White elephant or new cash cow?
CJ ENM Co. is the undisputed No. 1 movie producer and distributor in South Korea, having sponsored numerous awards-wining films such as “Paras...
May 12, 2023 (Gmt+09:00)
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Electronics
Samsung’s new Bespoke line: It's time of reckoning for device chief
Han Jong-hee, Samsung Electronics Co.'s vice chairman, has been in charge of the South Korean tech giant’s digital experience or DX division, ...
May 11, 2023 (Gmt+09:00)
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Electronics
Samsung, LG step up competition for smart TV content
The world’s two largest TV makers Samsung Electronics Co. and LG Electronics Inc. are scrambling to boost their smart TV content to make up fo...
May 08, 2023 (Gmt+09:00)
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Real estate
Seoul advised to prepare exit plans for real estate funds
Global real estate investment funds managed by South Korean financial services firms have swelled by more than 14 times to 72 trillion won ($5.4 bil...
May 03, 2023 (Gmt+09:00)
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Real estate
Multifamily emerges as Korean LPs’ top real estate pick for 2023
Multifamily housing has emerged as the most popular real estate segment for South Korean institutional investors, with senior secured loans picked as ...
May 03, 2023 (Gmt+09:00)
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Alternative investments
Clean energy remains top pick for Korean infrastructure investors
South Korean institutional investors are poised to ramp up investments in global infrastructure, hedging against inflationary pressure, a survey found...
Apr 28, 2023 (Gmt+09:00)
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Retail
Kakao starts real-time commerce broadcast platform Partners Live
Companies entering South Korea's KakaoTalk Store can conduct "labang," a term combining the Korean words for "live" and "broadcasting," any time the...
Apr 28, 2023 (Gmt+09:00)
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Retail
Korean dept stores to lure foreigners with K-pop, festival
South Korean department stores are set to launch various programs such as a festival and sales of K-pop star merchandise to attract foreign tourists...
Apr 26, 2023 (Gmt+09:00)
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Steel
POSCO to supply steel to Samsung Electronics under long-term contract
POSCO Holdings Inc., the parent of South Korea’s top steelmaker, will supply steel to Samsung Electronics Co. under a long-term deal, which is...
Apr 25, 2023 (Gmt+09:00)
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K-pop
BTS' 'Fake Love' video tops 1.2 bn views on YouTube
BTS’ “Fake Love” music video has surpassed 1.2 billion views on YouTube on Monday, its record label Big Hit Music announced. ...
Apr 24, 2023 (Gmt+09:00)
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Batteries
SK On to spend $352 million to mass produce solid-state batteries by 2028
South Korean battery maker SK On Co. said on Monday it will spend 470 billion won ($352 million) to begin mass production in 2028 of solid-state bat...
Apr 24, 2023 (Gmt+09:00)
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Alternative investments
Samsung Life buys 20% of French asset manager Meridiam
Samsung Life Insurance, managing 223.1 trillion won ($167.5 billion) in assets, has acquired a 20% stake in Paris-based infrastructure investment fi...
Apr 22, 2023 (Gmt+09:00)
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Food & Beverage
Russian fresh pollock imported for first time at Donghae Port
As Korean cod, which had been considered everyone's fish, has virtually disappeared, Russian fresh pollock has finally become available to Kor...
Apr 21, 2023 (Gmt+09:00)
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Business & Politics
Samsung, LG show Korean War hero tribute videos on Times Square
A tribute video to honor Korean and U.S. veterans of the Korean War started screening on billboards in New York’s Times Square on Thursday. Th...
Apr 21, 2023 (Gmt+09:00)
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Logistics
CJ OliveNetworks opens S.Korea's first logistics center with 5G
South Korea's digital service company CJ OliveNetworks on Thursday said it set up the mobile communications network "Ieum 5G" exclusively for busine...
Apr 21, 2023 (Gmt+09:00)
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Real estate
IGIS, KKR delay plan to set up Seoul-based real estate JV
IGIS Asset Management Co., the largest real estate investment firm in South Korea, and US private equity giant KKR & Co. have indefinitely postp...
Apr 17, 2023 (Gmt+09:00)
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Companies
S.Korea's number of youth hires falls 90,000 in March
The number of youth hired for regular or "high-quality" jobs in South Korea fell over 40,000 last month year on year, while the ranks of jobs of a p...
Apr 17, 2023 (Gmt+09:00)
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Perspectives
South Korea’s MSCI campaign has time problem
It’s that time of year again, when South Korea turns on the charm offensive to impress the gang at MSCI to win developed market status.And Presi...
Apr 14, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea's lunar orbiter Danuri captures back side of the moon
South Korea's first lunar orbiter Danuri has released photos of the moon's far side. The Korea Aerospace Research Institute (KARI) announced on Wedn...
Apr 12, 2023 (Gmt+09:00)
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Bio & Pharma
SK Biopharmaceuticals wins Red Dot award for 2 devices
South Korea’s SK Biopharmaceuticals on Tuesday said two of its self-developed wearable devices won the main prize in the health care category ...
Apr 12, 2023 (Gmt+09:00)
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The KED View
What’s the next K-sensation after rise of 60-year-old K-ramen?
It was not easy for latecomer Samyang Foods Co. to come up with a recipe for its own instant ramen noodle 60 years ago when Japanese rival Nissin ...
Apr 11, 2023 (Gmt+09:00)
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Retail
Chanel watches make world's 1st online debut in Korea
Chanel watches have made their online debut through South Korea's leading platform SSG.COM, becoming the French brand’s first launch of fashio...
Apr 10, 2023 (Gmt+09:00)
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Food & Beverage
S.Korean ramen's exports reach new heights amid K-content boom
Riding the wave of the K-content craze, South Korean ramen's overseas status is soaring. In the first quarter of this year, the ramen export value e...
Apr 10, 2023 (Gmt+09:00)
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The KED View
Time for South Korea's answer to the US battery subsidy act
The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...
Apr 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai debuts possible final Sonata, Tesla joins 1st time: Seoul auto show
Hyundai Motor Co. may consider discontinuing its steady seller Sonata sedan after the latest edition's release, the company’s chief hinted at ...
Mar 30, 2023 (Gmt+09:00)
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Construction
Eugene Corp. develops concrete production simulation system
South Korea's Eugene Corporation, which specializes in ready-mixed concrete and construction material distribution, announced on Wednesday that it h...
Mar 30, 2023 (Gmt+09:00)
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Korean food
US set to emerge as top global buyer of Korean kimchi: Daesang
South Korean kimchi exports to the US have soared since the pandemic as local distribution channels expanded and cooking at home increased, accordin...
Mar 28, 2023 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand