MP3 file

E-commerce Luxury fashion platform Balaan files for court receivership amid slump

South Korea’s top luxury goods e-commerce platform Balaan Co. said on Monday it has filed for corporate rehabilitation with a Seoul court as t...

Regulations MBK Partners under Korean tax agency scrutiny

MBK Partners, a leading North Asia-focused private equity firm, has come under a probe by South Korea’s National Tax Service (NTS) amid the br...

Private equity MBK-owned Homeplus files for corporate revamp with Seoul court

South Korea’s leading hypermarket operator Homeplus Co., wholly owned by North Asia-focused private equity firm MBK Partners, on Tuesday filed...

Steel Dongkuk to file anti-dumping petition vs Chinese color steel imports

Dongkuk Coated Metal Co. and SeAh Steel Corp. are set to file an anti-dumping complaint against Chinese rivals in March as the country plans to impo...

Paper Korean paper makers to file anti-dumping complaint vs Japanese rivals

South Korean corrugated cardboard sheet makers such as Asia Paper Manufacturing Co. have decided to file an anti-dumping complaint against Japanese ...

Food & Beverage Loss-making Pizza Hut Korea files for rehabilitation

Money-losing Pizza Hut Korea Ltd., the Korean master franchisee of the giant US pizza franchisor, has filed for corporate rehabilitation in Seoul in...

K-pop HYBE shares fall after NewJeans demand Min's reinstatement

HYBE Co. has suffered a fall of its share price for two consecutive days after its popular girl group NewJeans demanded their former creative direct...

Regulations S.Korea, China's technology leak, anti-dumping disputes surge

South Korean companies are getting tough on anti-dumping and patent infringement cases as they feel threatened by the intensifying price competition...

E-commerce TMON, WeMakePrice file for court receivership amid liquidity troubles

TMON Inc. and WeMakePrice Co. – the e-commerce platforms owned by Singapore-based Qoo10 Pte. – have filed for court receivership amid co...

Shareholder activism Korea challenges PCA ruling in favor of Mason Capital over Samsung case

South Korea is seeking to revoke an international tribunal’s ruling in April that its government must pay US-based Mason Capital Management LL...

Automobiles Hyundai Mobis files 3,000 patents for future car techs over 3 years

Hyundai Mobis, the world’s sixth-largest auto parts maker, announced on Tuesday that it published the Sustainability Report 2024, which includ...

Korean chipmakers SK Hynix patents-owned Mimir IP files complaint against Micron

Mimir IP, a South Korea-based patent management company, has filed a complaint against Micron Technology Inc., claiming that the US chipmaker infrin...

Automobiles Hyundai files for 1st overseas unit IPO in India: reports

Hyundai Motor Co.'s Indian unit filed for an initial public offering with the Securities and Exchange Board of India on Saturday to raise up to $3 b...

IPOs Celebrity-run food chain operator TheBorn Korea files for IPO review

TheBorn Korea Inc., a leading South Korean food and beverage group operated by TV celebrity and chef Paik Jong-won, has filed for a preliminary revi...

Automobiles Hyundai Motor India to file for IPO in June: reports

Hyundai Motor Co. plans to file for an initial public offering of its wholly owned Indian subsidiary as early as June to raise up to $3 billion in w...

Electronics US court dismisses suit against Samsung by ex-patent chief

A US court rejected a patent infringement lawsuit against Samsung Electronics Co. by a former intellectual property chief of the company and banned ...

The KED View Korea: Underrated as seat of commercial arbitration

South Korean companies prefer seats of arbitration in other countries over domestic ones to resolve disputes even for the cases that could be settle...

Upcoming IPOs F&B chain operator TheBorn Korea eyes IPO in 2024

South Korea’s leading food and beverage group TheBorn Korea Inc., which operates 25 restaurant and café chains in domestic and global m...

Construction GS E&C banned from new construction deals for 8 months

The South Korean government said on Thursday it has ordered GS Engineering & Construction Corp. (GS E&C) and four smaller builders to halt t...

Business & Politics Korean mining company to file around $747 mn claim against Panama

A state-run company in South Korea is set to seek an investor-state dispute settlement (ISDS) worth around 1 trillion won ($747.1 million) against t...

Corporate restructuring Taeyoung files for debt workout; offers to sell stake in KKR JV

South Korea’s Taeyoung Group, saddled with 5.6 trillion won ($4.4 billion) in debt and loans it has guaranteed, filed for a debt workout progr...

Tech, Media & Telecom SK Telecom launches call recording service for iPhone

South Korea’s SK Telecom Co. has rolled out an iPhone app using artificial intelligence (AI) that allows users to record calls on their smartp...

Shareholder activism KT&G faces another legal battle with Korean activist fund

Singapore-based private equity firm Flashlight Capital Partners Pte. said Monday that it has filed court injunctions against KT&G Corp., beginni...

Regulations Broadcom fined $14.3 mn in Korea over Samsung contract

Broadcom Inc. a US smartphone components maker, was slapped with a fine of 19.1 billion won ($14.3 million) in South Korea on Thursday for allegedly...

Batteries Lotte Energy Materials to build copper foil plant in US for EV makers

Lotte Energy Materials Corp., one of South Korea’s leading battery materials makers, plans to build a copper foil plant in the US to meet grow...

Shareholder activism S.Korea files to revoke PCA ruling in favor of Elliott

South Korea has decided to challenge an international arbitration tribunal’s decision a month ago ordering the Korean government to compensate...

Business & Politics American patent trolls target S.Korean companies

Over 80% of American companies that sued South Korean companies for patent infringement last year were non-practicing entities (NPE), or “pate...

Electronics Samsung Display sues BOE over iPhone 12 panel patents

Samsung Display Co. has stepped up its fight against BOE Technology over display panels, taking its first legal action against the Chinese rival ove...

Artificial intelligence Genie Music launches AI-based arrangement service

Genie Music, the music production and distribution affiliate of South Korea’s KT Corp., has launched an arrangement service for digital music ...

Regulations S.Korea rejects Broadcom’s corrective steps on unfair biz

South Korea’s antitrust body dismissed corrective measures proposed by US chipmaker Broadcom Inc. to avoid penalties over its alleged unfair b...