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Mergers & AcquisitionsHanwha Group gears up for foray into aviation industry
South Korea’s chemicals-to-defense conglomerate Hanwha Group is preparing a bid for domestic low-cost carrier (LCC) Fly Ga...
Aug 11, 2023 (Gmt+09:00)
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Pension fundsBlackstone, KKR join race for Korean pension fund's real estate debt
South Korea’s Government Employees Pension Service (GEPS) has shortlisted four global investment firms, Blackstone, KKR &a...
Aug 11, 2023 (Gmt+09:00)
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Food & BeverageKombucha tea brands lure investors as diet drink market grows
South Korea’s medium-sized electronics components maker Phoenix Rising PTE Ltd. has agreed to invest 3 billion won ($2.3 m...
Aug 11, 2023 (Gmt+09:00)
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Korean stock marketKCGI Asset Management appoints former KIS head as new CMO
South Korea’s KCGI Asset Management, formerly Meritz Asset Management, announced on Friday that it has hired Cho Won-bok, ...
Aug 11, 2023 (Gmt+09:00)
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Korean chipmakersSK Hynix ships DRAM with world’s largest capacity to Oppo
SK Hynix Inc., the world’s second-largest memory chipmaker, supplied DRAM chips with the industry’s largest capacity...
Aug 11, 2023 (Gmt+09:00)
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Tech, Media & TelecomTaihan Cable posts highest first-half operating profit in 20 years
South Korea's Taihan Cable & Solution Co. announced on Friday that its consolidated operating profit for the first half of t...
Aug 11, 2023 (Gmt+09:00)
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Food & BeverageS.Korea to deliver food safety management skill to Thai, Malaysian officials
The Ministry of Food and Drug Safety of South Korea announced on Friday that it will conduct an invited training program for foo...
Aug 11, 2023 (Gmt+09:00)
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Banking & FinanceBank of Korea appoints new senior deputy governor
The Bank of Korea announced on Friday that it has appointed Ryoo Sang-dae, the current vice president of Korea Housing-Finance...
Aug 11, 2023 (Gmt+09:00)
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K-popBTS label HYBE to wholly own K-pop band Enhypen agency
HYBE Co., the agency of K-pop sensation BTS, is slated to acquire a controlling stake in music label Belift Lab Inc. as South Ko...
Aug 11, 2023 (Gmt+09:00)
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Food & BeverageS.Korea's Nongshim earns H1 operating profit of $89 million
South Korean food and beverage giant Nongshim Co. saw operating profit in the first half of the year more than double thanks to ...
Aug 11, 2023 (Gmt+09:00)
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Artificial intelligenceS.Korea's Twelve Labs ranks among world's top 50 generative AI startups
South Korea’s Twelve Labs was included as the only Korean company in CB Insights’ first annual GenAI 50 ranking, a l...
Aug 11, 2023 (Gmt+09:00)
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Korean gamesKorean game developers look to revive heyday with reboots of old hits
South Korea’s game developers are rushing to remake classic titles to recover profitability by appealing to former fans wi...
Aug 11, 2023 (Gmt+09:00)
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ElectronicsSamsung’s latest Galaxy smartphones, watches hit global markets
Samsung Electronics Co.'s latest models of its flagship Galaxy series of smartphones, watches and tablets have begun hitting the...
Aug 11, 2023 (Gmt+09:00)
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Carbon neutralityHanwha, Shell join S.Korea-Malaysia carbon capture project
Korea National Oil Corp., Hanwha Corp., Air Liquide Korea and Shell have become the latest entities to join the Shepherd CCS pro...
Aug 11, 2023 (Gmt+09:00)
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MachineryS.Korea's Hanon Systems hits 'home run' with heat pump for EVs
Hanon Systems, a leading South Korean maker of automotive thermal management systems, posted surprising results in the second qu...
Aug 11, 2023 (Gmt+09:00)
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Business & PoliticsS.Korea is far more reliant on China for rare earth metal than Japan: report
South Korea is far more dependent than Japan on neodymium permanent magnets from China at 88%, while the rate for Japan, a land ...
Aug 11, 2023 (Gmt+09:00)
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Korean stock marketMSCI Korea Index adds EcoPro, Hanwha Ocean, drops Emart
Four stocks, including EcoPro Co., have been added to the Morgan Stanley Capital International (MSCI) Korea Index, and two have ...
Aug 11, 2023 (Gmt+09:00)
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KOREA Investment WeekKOREA Investment Week 2023 with KB KOREA Conference
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Aug 11, 2023 (Gmt+09:00)
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EnergyLS Cable invests $117.5 million in boosting submarine cable output
South Korea’s LS Cable & System on Thursday announced additional investment of 155.5 billion won ($117.5 million) in i...
Aug 11, 2023 (Gmt+09:00)