NHN Corp.

Mergers & Acquisitions MBK wins enough stake in tender offer to control Korea Zinc

North Asia-focused private equity firm MBK Partners Ltd. has secured a large enough stake in Korea Zinc Inc. through a tender offer to take control ...

ASK 2024 Alternative investment experts to gather Oct. 16-17 at ASK 2024

South Korea’s major institutional investors and global asset managers will gather at the ASK 2024 global alternative investment conference on ...

Sovereign wealth funds Korea Investment Corp. appoints Park Il Young as its new CEO

South Korean sovereign wealth fund Korea Investment Corporation (KIC) announced on Thursday that it has appointed former World Bank Group executive ...

Artificial intelligence Naver Cloud takes the lead in Korea’s public AI business

South Korean online giant Naver Corp.'s cloud subsidiary is expanding its presence in the country’s public artificial intelligence market by w...

Tech, Media & Telecom NHN unveils new corporate identity

South Korea's NHN Corp. unveiled a new corporate identity (CI) on Thursday in celebration of its anniversary and announced that it would be uniforml...

Construction Dongbu Corp exceeds $730 bn in new orders

South Korea's Dongbu Corporation surpassed 1 trillion won ($727 million) in new orders this year by securing a 200 billion won ($145 million) railwa...

Pension funds NPS corp governance committee taps SNU professor as member

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

Cloud computing NHN Cloud sets sights on GPU cloud service with Nvidia’s H100

NHN Cloud Corp., a cloud computing unit of South Korea’s internet company NHN Corp., is setting its sights on a graphics processing unit (GPU)...

Airlines Korea’s Incheon Airport Corp. signs $3 billion deal to run Manila airport

South Korea's state-run Incheon International Airport Corp. (IIAC) has signed a $3 billion deal to operate Manila's Ninoy Aquino International Airpo...

Mergers & Acquisitions Lotte puts Lotte Chemical Titan in Malaysia on market

Lotte Chemical Corp., South Korea’s No. 2 petrochemicals company, has embarked on the process of selling its Malaysian unit Lotte Chemical Tit...

Cloud computing Naver Cloud, NHN Cloud to co-work for hyperscale AI

South Korea's Naver Cloud, the cloud computing unit of Naver Corp., and NHN Cloud Corp., announced on Monday that they have signed a memorandum of u...

Banking & Finance Korea Investment leads Mongolia Mortgage Corp.'s global bond issuance

Korea Investment & Securities Co. (KIS) announced on Tuesday its successful completion of the lead management for a $225 million global bond iss...

Mergers & Acquisitions Kakao Mobility's talks to acquire FreeNow in deadlock

Kakao Mobility Corp.’s ambition to go global has hit a roadbock after its parent group Kakao Corp. rejected its draft bid to buy Germany-based...

Banking & Finance Korea Housing Finance Corp. opens New York office

Korea Housing Finance Corporation announced on Wednesday that it has opened a New York office to serve as a hub for its overseas fund procurement ac...

Executive reshuffles Kakao taps venture capital unit head as new CEO to lead reform

Kakao Corp., South Korea’s top mobile platform under fire for its extremely aggressive business expansion, tapped its venture capital unit hea...

Batteries Hanwha to boost battery production equipment business

Hanwha Group, South Korea’s chemicals-to-defense conglomerate, is working to bolster its secondary battery manufacturing equipment business wi...

Future mobility Hyundai Motor's K-UAM One Team collaborates with Incheon

The "K-UAM One Team," an urban air mobility (UAM) consortium consisting of five companies, including Hyundai Motor, has announced that it signed a m...

Retail NHN Commerce to collaborate with China's Shanhai Digital

NHN Commerce, South Korea's major online company NHN Corp.'s online shopping platform, announced its strategic business agreement with ShanHai Digit...

Retail NHN Commerce to expand into Chinese market with Xinxuan

NHN Commerce, South Korea's major online company NHN Corp.'s online shopping platform, announced its strategic business agreement with China's leadi...

Banking & Finance Bank 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 Corp., as its new s...

Fashion NHN Commerce acquires Italian luxury brands retailer Ikonic

NHN Commerce, South Korea's major online company NHN Corp.'s shopping platform, announced on Tuesday its acquisition of a 77.8% stake in Ikonic Srl,...

Tech, Media & Telecom NHN Cloud to boost mobile games operations in Japan

South Korea's NHN Cloud on Friday said that at this year's Game Tools & Middleware Forum (GTMF) in Japan, it gave a presentation on security bre...

Rights offerings CJ CGV seeks more fund from parent, stocks at 15-yr low

Shares of CJ CGV Co., South Korea’s top multiplex cinema chain, hit the lowest level since the 2008-09 global financial crisis on Wednesday as...

Tierone Corp.

Key facts Industry Injection molding & product development consultancy Mainstay products/services Injection molding with QDM, family...

Steel POSCO conducts pilot release of rare metal ferrochrome

South Korea's steelmaker POSCO and the government-run Korea Mine Rehabilitation and Mineral Resources Corp. (KOMIR) on Friday announced the first pi...

Beauty & Cosmetics S.Korea's NHN Commerce acquires domestic cosmetics brand WLab

South Korea's major online company NHN Corp.'s online shopping platform NHN Commerce announced on Tuesday that it has acquired domestic cosmetics br...

Energy Korea Coal Corp. to sell Mongolian mine amid energy resource boom

Korea Coal Corporation, a South Korean state-owned firm, is preparing to sell its Khotgor Shanaga coal mine in Mongolia, which it acquired in 2010...

Construction Eugene Corp. develops concrete production simulation system

South Korea's Eugene Corporation, which specializes in ready-mixed concrete and construction material distribution, announced on Wednesday that it h...

Retail NHN Commerce chosen as imported goods supplier by China's Douyin

NHN Commerce, South Korea's e-commerce platform, announced on Monday that NHN Accommate, its Chinese subsidiary, has been chosen as a supplier of im...

Food & Beverage Oil from S.Korea’s red ginseng alleviates prostate enlargement: study

Oil from South Korea’s famous hongsam (red ginseng) can prevent enlargement of the prostate, according to a study. A joint research team ...