IMM PE-owned Hanssem commits to sweeping treasury share cancellation to cope with govt mandate

IMM PE-owned Hanssem commits to sweeping treasury share cancellation to cope with govt mandate

As South Korea’s listed companies scramble to deal with the government’s move to mandate cancellations of treasury shares, IMM Private E...

MBK Partners appoints Yon Sog Choi as partner; streamlines senior ranks

MBK Partners appoints Yon Sog Choi as partner; streamlines senior ranks

MBK Partners has promoted veteran dealmaker Yon Sog Choi to partner, while it steps up execution capabilities in its core buyout businessAccording t...

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 ...

Bulgari, Tiffany sales soar at Korean department stores as weak won draws big spenders home

Bulgari, Tiffany sales soar at Korean department stores as weak won draws big spenders home

Sales of luxury brands, including Bulgari and Tiffany, hit record highs at South Korean department stores in November, supported by a weak won that ...

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...

Samsung Biologics to buy its first US drug factory from GSK for $280 mn

Samsung Biologics to buy its first US drug factory from GSK for $280 mn

Samsung Biologics Co., the world’s largest contract drugmaker, said on Monday it is acquiring its first US drug production facility from GSK p...

Samsung halts ultra-slim Galaxy Edge2 as iPhone Air stumbles

Samsung halts ultra-slim Galaxy Edge2 as iPhone Air stumbles

Samsung Electronics Co. has halted development of its next ultra-slim smartphone, the Galaxy Edge2, after a disappointing debut of rival Apple Inc.&...

Samsung, SK Hynix to beat TSMC in gross profit margin for memory business

Samsung, SK Hynix to beat TSMC in gross profit margin for memory business

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are expected to surpass global foundry leader Taiwan Sem...

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...

Seoul to rewrite Kosdaq with tax breaks, listing reforms

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...

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...

Seoul to back AI computing, solid state batteries first with National Growth Fund

Seoul to back AI computing, solid state batteries first with National Growth Fund

South Korea has picked seven projects from AI computing to all-solid-state batteries as the first recipients of capital from its 150 trillion won ($...

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....

Samsung unveils Exynos 2600, industry’s first 2 nm AP

Samsung unveils Exynos 2600, industry’s first 2 nm AP

Samsung Electronics Co. on Friday set out details of its latest application processor, the Exynos 2600, the industry’s first smartphone chip p...

YNCC, Lotte Chemical likely to consolidate naphtha facilities in Yeosu

YNCC, Lotte Chemical likely to consolidate naphtha facilities in Yeosu

Yeocheon NCC (YNCC) and Lotte Chemical Corp. are moving toward a consolidation of their naphtha cracking centers in Yeosu, one of South Korea’...

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...

South Korean biotech firms poised for gains from US BIOSECURE Act

South Korean biotech firms poised for gains from US BIOSECURE Act

Expectations are growing that South Korean biotechnology companies, particularly drug contract manufacturers, will see increased orders as a sweepin...

Hanwha picks H&Q as preferred buyer of Five Guys' Korean business

Hanwha picks H&Q as preferred buyer of Five Guys' Korean business

Hanwha Group has named Seoul-based H&Q Equity Partners as the preferred buyer of Five Guys’ Korean operations, just over two years after l...

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 ...

Economic volatility offers opportunity for US alternative property investments: Kayne Anderson CEO

Economic volatility offers opportunity for US alternative property investments: Kayne Anderson CEO

Global economic uncertainty is providing an opportunity for investments in US alternative real estate, including outpatient medical office and senio...

LG Energy's $6.5 bn EV battery supply deal with Ford terminated

LG Energy's $6.5 bn EV battery supply deal with Ford terminated

LG Energy Solution Ltd. said on Wednesday that its long-term electric vehicle battery supply agreement with Ford Motor has been terminated following...

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...

Waste management firm Ecorbit in talks to buy landfill operator Keco

Waste management firm Ecorbit in talks to buy landfill operator Keco

Ecorbit Co., South Korea’s largest waste management company, is in talks to acquire landfill operator Keco Co. in a bolt-on deal, following it...

No Other Choice and KPop Demon Hunters step closer to the Oscars with shortlist recognition

No Other Choice and KPop Demon Hunters step closer to the Oscars with shortlist recognition

As the US awards season gathers pace, two Korean films have quietly edged closer to the Oscars.Park Chan-wook’s No Other Choice and Netflix&...

IMM PE-owned Hanssem commits to sweeping treasury share cancellation to cope with govt mandate MBK Partners appoints Yon Sog Choi as partner; streamlines senior ranks South Korea opens broad special tax probe into Coupang after data breach Bulgari, Tiffany sales soar at Korean department stores as weak won draws big spenders home Korea’s senior presidential secretary says won’s slide excessive, govt won’t stand idly by