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Alternative investmentsFind opportunities amid macro uncertainty in 2023: M&G
Markets today are in the midst of a shift as interest rate hikes are nearing their end and economic growth is challenged. Othe...
May 23, 2023 (Gmt+09:00)
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Mergers & AcquisitionsMBK Partners puts Korea’s largest golf course operator on market
North Asia-focused private equity firm MBK Partners has put Golfzon County Co., the biggest golf course operator in South Korea,...
May 23, 2023 (Gmt+09:00)
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Tech, Media & TelecomKorea’s Kakao targets mobile infrastructure biz for Saudi tourism
Kakao Corp., South Korea’s mobile platform giant, targets the mobile infrastructure industry for Saudi Arabian tourism to ...
May 23, 2023 (Gmt+09:00)
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BatteriesKorea’s L&F to build $609 mn EV battery precursor plant
L&F Co., a major South Korean electric vehicle battery material maker, is set to spend up to 800 billion won ($608.8 milli...
May 23, 2023 (Gmt+09:00)
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AirlinesJeju Air CEO sees Korea-Indonesia routes as blue ocean
South Korea’s largest low-cost carrier (LCC) Jeju Air Co. will make the most of the post-pandemic recovery in travel deman...
May 23, 2023 (Gmt+09:00)
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Bio & PharmaCellid applies for Phase 3 clinical trials in S.Korea for COVID-19 vaccine
South Korean bio-venture Cellid Co. announced on Tuesday that it has applied for the clinical Phase 3 trial of the COVID-19 Omic...
May 23, 2023 (Gmt+09:00)
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Artificial intelligenceNaver’s search engine dominance under siege as Google, MS advance
South Korea’s online portal Naver Corp., the undisputed search engine leader in the domestic market for decades, is under ...
May 23, 2023 (Gmt+09:00)
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Aerospace & DefenseKAI secures deal to export 18 FA-50 light fighters to Malaysia
South Korea’s sole military aircraft manufacturer Korea Aerospace Industries Ltd., (KAI) has finalized a contract to suppl...
May 23, 2023 (Gmt+09:00)
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Mergers & AcquisitionsDaewoo Shipbuilding enters new chapter as Hanwha Ocean
Daewoo Shipbuilding & Marine Engineering Co. (DSME), South Korea’s cash-deprived second-largest shipbuilder, has rebra...
May 23, 2023 (Gmt+09:00)
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Pension fundsKorea's NPS maintains good grade despite heavy losses: finance ministry
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund with 939 trillion won ($713 billion)...
May 23, 2023 (Gmt+09:00)
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SteelPOSCO, JSW discuss eco-friendly reduction steel production
Chairman of POSCO Group Choi Jeong-woo met with Sajjan Jindal, Chairman of JSW Steel, India's largest steel conglomerate, to d...
May 23, 2023 (Gmt+09:00)
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Korean startupsMusic copyright trading platform Musicow attracts $46 mn from STIC
Musicow Inc. has garnered an additional 60 billion won ($45.8 million) from Seoul-based venture capital and private equity firm ...
May 23, 2023 (Gmt+09:00)
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Future mobilityS.Korea's UAM group to develop tourism transportation on southern coast
Urban air transportation (UAM) in South Korea will open a tourism road on the country's southern coast, which is dubbed "the nat...
May 23, 2023 (Gmt+09:00)
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EnergyKorean biodiesel firm Dansuk sets sights on battery recycling business
KUNSAN, North Jeolla Province – Dansuk Industrial Co., a South Korean fine chemical company, has for decades produced poly...
May 23, 2023 (Gmt+09:00)
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Korean SMEsBoeing-backed Huneed eyes civil aircraft market beyond jets
South Korea’s Huneed Technologies specializes in aircraft components such as military communications equipment and supplie...
May 23, 2023 (Gmt+09:00)
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Bio & PharmaCrystalGenomics to sell largest 20% stake to Invites Healthcare for $44 mn
CrystalGenomics Inc., South Korea’s first-generation biopharma venture company, will sell new shares worth 58 billion won ...
May 23, 2023 (Gmt+09:00)
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EconomyS.Korea's BSI dips below 100 for 15th consecutive month
The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for June, the 15th consecutive mo...
May 23, 2023 (Gmt+09:00)
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Capital raisingCJ Bioscience conducts paid-in capital increase of $50 mn
South Korea's CJ Bioscience Inc., a pharmaceutical company specializing in intestinal microorganisms called microbiomes, will co...
May 23, 2023 (Gmt+09:00)
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Chemical IndustryKolon Industries to develop biodegradable plastics
Kolon Industries Inc., a South Korean chemical and textile manufacturer, is embarking on the development of biodegradable plas...
May 23, 2023 (Gmt+09:00)
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ElectronicsSamsung retains No.1 position in global TV market
Samsung Electronics Co. has held on to its position as the world's top TV manufacturer in the first quarter of 2023, securing a ...
May 23, 2023 (Gmt+09:00)
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Culture & TrendsJaeger-LeCoultre unveils project with S.Korean artist
The Swiss luxury watch and clock maker Jaeger-LeCoultre on Monday unveiled "Origin," a collaborative work with South Korean di...
May 23, 2023 (Gmt+09:00)
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WebtoonsNaver Webtoon's Toon Filter creates 20 mn AI-converted images
South Korea’s Naver Webtoon Corp. on Monday said over 20 million converted images were created in a week after the May 12 ...
May 23, 2023 (Gmt+09:00)
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K-popBTS 10th anniversary stamps sell out online in 3 hours
The online pre-sale of K-pop band BTS' 10th anniversary stamp sold out early.According to the Korea Post on Wednesday, the onlin...
May 23, 2023 (Gmt+09:00)