INNOCEAN WORLDWIDE INC.

Corporate bonds Korea Inc. to face refunding risks with record corporate bond maturities

South Korean companies are expected to face refunding risks thanks to record corporate bond maturities in the first half of 2025, as fundraising con...

Corporate bonds Korea Inc. rushes to booming local corporate bond market

South Korean companies are rushing to raise money in the local corporate bond market, which is unusually buoyant at year's end amid expectations of ...

Energy Hyundai Motor signs Korea’s largest renewable energy purchase deal

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it has signed a deal to procure 610 gigawatt-hours (GWh) of renewable energy a...

Executive reshuffles Shinsegae Group splits E-Mart, department store with executive reshuffles

South Korea’s retail giant Shinsegae Group on Wednesday carried out one of its most drastic executive reshuffles, officially splitting the gro...

Mergers & Acquisitions MBK’s Korea Zinc takeover attempt to spur search for white knights

North Asia-focused private equity firm MBK Partners Ltd.’s attempt to take control of Korea Zinc Inc. and the country’s plan to require ...

Banking & Finance MBK Partners named as Time World's Best Companies

South Korea's private equity firm MBK Partners Ltd. said on Friday it was selected in the "2024 World’s Best Companies" list by international ...

Korean startups Near Brain gives hope to millions of stroke patients worldwide

Strokes are the second leading cause of death and the third leading cause of disabilities globally, according to the World Health Organization.To fi...

Tech, Media & Telecom S.Koreans log most hours on YouTube worldwide

YouTube was the most popular app among South Korean smartphone users, a study found, logging the most hours on the video streaming platform worldwid...

Artificial intelligence Korea’s Mirae Asset to open AI business unit in New York

Mirae Asset Group, the pioneer in South Korea’s mutual fund industry, plans to set up an artificial intelligence business unit in New York as ...

Earnings SK On logs record quarterly loss on sluggish EV market

SK On Co., the world’s fifth-largest battery maker, on Thursday reported a record quarterly loss on the prolonged weakness in the electric veh...

Corporate restructuring SK Innovation to be Asia’s top energy company through merger

SK Innovation Co., South Korea’s largest energy company, is set to become the industry leader in Asia through a merger with an affiliate while...

Corporate restructuring SK Inc. in talks to sell Pharmteco’s US CDMO plant to Novo Nordisk

SK Inc., the holding and investment company of SK Group, South Korea’s second-largest conglomerate, is negotiating to sell a major asset of it...

Corporate restructuring SK Ecoplant seeks to absorb SK Materials' industrial gas units

SK Ecoplant Co., a South Korean construction engineering and waste management company, is seeking to absorb the profit-making subsidiaries of SK Mat...

Banking & Finance S.Korea’s Woori to team up with US Nuveen to enhance IB part

Woori Bank and Woori Asset Management, subsidiaries of South Korea's Woori Financial Group, announced on Sunday that they signed a memorandum of u...

Automobiles Innocean produces Hyundai Motor ad using GenAI

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, said on Friday that it launched three new digital campaigns...

Tech, Media & Telecom Southeast Asia, Korea Inc’s new IT outsourcing powerhouse

PHNOM PENH – South Korean technology companies grappling with prolonged software developer shortages are actively broadening their search for ...

Artificial intelligence Korea Inc.’s AI executives double with LG Group leading the pack

The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled in the ...

Korean stock market Korea Inc. nearly triples dividend payments in decade

Cash dividend payments by companies listed on the Korea Exchange, the country's main bourse, have nearly tripled in a decade. They have returned a l...

Shareholder value Korea Inc. ups dividend payouts despite falling net income

South Korean companies listed on the main bourse Kospi raised their dividend payouts between 2021 and 2023 despite falling net income in the same pe...

K-pop Innocean, HYBE opens BTS pop-up store in Bangkok

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Friday that it opened a large-scale BTS-themed...

Korean games Korea’s Smilegate unveils new RPG Chaos Zero Nightmare

Smilegate, the South Korean developer of the world’s top first-person shooter game Crossfire, on Monday unveiled a teaser for an upcoming role...

Banking & Finance KB Kookmin Card launches card for overseas payments

KB Kookmin Card, a credit card unit of KB Financial Group, announced on Monday that it launched the WE:SH Travel credit card that offers benefits sp...

Korean games Burger Please!, world’s third-most downloaded app in 2023

A hyper-casual game developed by South Korea’s fledgling gaming publisher Supercent was the world’s third-most downloaded newly launched...

Aerospace & Defense KAI to develop future aerial mobility, single-seat aircraft

Korea Aerospace Industries Ltd. (KAI), the country’s sole military aircraft manufacturer, plans to develop future aerial mobility to secure a ...

Korean food India's love for Korean pizza spurs Gopizza’s global business

South Korea’s Gopizza Inc. opened its 50th branch in India, the world’s most populous country, as the food tech startup aims to attract ...

Banking & Finance Korean banks flock to Poland, Korean Inc.’s new manufacturing hub

South Korean banks are in a race to advance into Poland to support Korean companies rushing to build factories in the new offshore manufacturing hub...

Entertainment Innocean, HYBE launch Seventeen project in Bangkok

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Wednesday that it has launched a K-pop boy g...

Airlines Virtual humans debut on Korean Air’s in-flight video

Korean Air Lines Co. released on Thursday a new in-flight safety video featuring a virtual human dressed as a flight attendant. This is the first ti...

Advertising & Marketing Innocean establishes social marketing subsidiary

Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, announced on Wednesday that it has established its social m...

Retail Shinsegae Gangnam stands out among department stores with $2.3 bn sales

Shinsegae Department Store, South Korea’s leading retail business operator, said on Thursday its flagship store in Gangnam, an upscale distric...