Shibuya Scramble

Retail Hyundai Department launches Korean brands' global platform

Hyundai Department Store Co., South Korea’s major retail conglomerate, has launched “The Hyundai Global” platform dedicated to pro...

Food & Beverage Mom’s Touch to open first store in Japan

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Monday that it will open its first directly managed store Shibuya...

Corporate restructuring Korean builders scramble to ease liquidity crunch woes

South Korean builders in financial distress are struggling to alleviate concerns over a potential liquidity crisis, which could put the already aili...

Food & Beverage Mom's Touch to open pop-up store in Tokyo

South Korean homegrown burger and chicken brand Mom's Touch & Co. on Wednesday announced that it plans to open its first overseas pop-up store "...

Mergers & Acquisitions KDB girds up for Korean Air-Asiana deal collapse with Plan B

The state-run Korea Development Bank (KDB) is looking for alternative options to sell Asiana Airlines Inc. to prepare against a possible collapse of...

Airlines S.Korea's Air Premia, T'way compete for golden routes to Europe

South Korea's low-cost carriers (LCC) Air Premia and T'way Air Co. are competing to secure "golden routes" to Europe that Korean Air must give up to...

Batteries S.Korean battery sector scrambles for talented manpower

South Korea’s battery industry has suffered from a talent shortage, especially in the research and development, design as well as process sect...

Korean chipmakers Samsung, SK Hynix scramble for talent amid a lack government support

Samsung Electronics Co. and SK Hynix Inc., the world’s top memory chipmakers, are scrambling for semiconductor manpower in South Korea as the ...

Markets Kospi melts as Fed, LG Energy spur foreign selling

South Korean stocks lost ground with the main index entering a bear market on Thursday as foreign investors intensified their selling after the US F...

Batteries LG Energy IPO fever lifts Korea’s battery stocks

LG Energy Solution Ltd., the world’s No. 2 battery maker, attracted a record $9.65 trillion demand for South Korea’s largest-ever initia...

Supply chain Korea scrambles to address DEF supply shortage

South Korea is stepping up efforts to secure diesel exhaust fluid (DEF) such as diversification of supply sources as the shortage of the liquid used...

Corporate bonds Korean firms scramble for bond sales on further rate hike views

South Korean companies rushed to issues bonds as the Bank of Korea is expected to raise interest rates further, ramping up financing costs. Some war...