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Mergers & AcquisitionsMBK Partners poised to acquire CJ Cheiljedang’s $3.5 billion bio business
North Asia-focused private equity firm MBK Partners is on the verge of clinching a major acquisition deal by offering a higher b...
Mar 06, 2025 (Gmt+09:00)
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Korean chipmakersSamsung’s system chip, foundry business under close scrutiny for overhaul
Samsung Electronics Co., the world’s largest memory chipmaker, has put its system chip and foundry businesses under tight ...
Mar 06, 2025 (Gmt+09:00)
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Korean chipmakersSK Hynix to exit image sensor market to focus on AI chips
SK Hynix Inc. will shutter its image sensor business as the South Korean memory giant doubles down on the development of premium...
Mar 06, 2025 (Gmt+09:00)
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Future mobilityHyundai, Avride join hands to develop autonomous robotaxis
Hyundai Motor Co. has agreed to partner with Avride, an autonomous driving technology startup, to develop driverless robotaxis b...
Mar 06, 2025 (Gmt+09:00)
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Foreign exchangeSouth Korea’s forex reserves dip to nearly 5-year low in February
South Korea’s foreign exchange reserves diminished to the lowest level in nearly five years last month, largely due to the...
Mar 06, 2025 (Gmt+09:00)
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Real estateKumho Petrochemical's Seoul headquarters put on market
IGIS Asset Management Co., has put Kumho Petrochemical Group’s headquarters building, Signature Tower in central Seoul, up...
Mar 06, 2025 (Gmt+09:00)
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RetailShinsegae to double down on hypermarkets as Homeplus falters
Shinsegae Group Chairman Chung Yong-jin has unveiled aggressive growth plans that include opening more E-Mart Inc. hypermarket o...
Mar 06, 2025 (Gmt+09:00)
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Electric vehiclesHyundai, Kia ready to ramp up EV output in Europe, US
South Korea’s top two automakers Hyundai Motor Co. and Kia Corp. are expected to ramp up electric vehicle production in Eu...
Mar 06, 2025 (Gmt+09:00)
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Real estateEuropean student housing is top of the class: Savills IM
The appeal of European purpose-built student accommodation (PBSA) to real estate investors is growing rapidly. In the recent 202...
Mar 06, 2025 (Gmt+09:00)