Toray Group Korea

Mergers & Acquisitions Hanjin KAL, LS expand defense business alliance to counter Hoban Group

South Korea’s Hanjin Group and LS Group are tightening their alliance further against Hoban Group, which is raising its stake in Hanjin.Korean...

Aerospace & Defense SpaceX’s Starlink, Eutelsat’s OneWeb land in Korea for LEO satellite services

South Korea has officially cleared the way for low-earth orbit (LEO) satellite internet services, granting regulatory approval for SpaceX’s St...

Infrastructure Korea Post to commit $150 mn to mid-cap infrastructure funds

Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency sai...

Venture capital South Korea’s startup M&A winter deepens capital bottleneck  

South Korea’s startup M&A winter has deepened as once major investors like conglomerates are prioritizing restructuring over expansion, ch...

Regulations HYBE Bang under financial watchdog’s scrutiny for alleged unfair trading

Bang Si-hyuk, founder and chairman of HYBE Co., the South Korean entertainment giant behind K-pop global sensation BTS, could face investigation by ...

Shipping & Shipbuilding HD Hyundai Group joins S.Korea’s 100 trillion won market cap club

South Korean shipbuilding conglomerate HD Hyundai Group has joined South Korea’s elite club of conglomerates with a market capitalization exce...

Mergers & Acquisitions DB Group eyes Hanyang Securities amid KCGI deal uncertainty

DB Group, which owns DB Securities Co. and DB Insurance Co., is considering acquiring Hanyang Securities Co., as a deal by South Korean private equi...

ASK 2025 Rental housing gains appeal amid supply crunch: asset managers

The rental housing markets in the US, Europe and Australia present attractive investment opportunities as persistent supply shortages and rising urb...

Tech, Media & Telecom Korea’s KT signs $95 million AI partnership with Vietnam’s Viettel Group

South Korea’s leading telecommunications service provider KT Corp. said on Tuesday it has signed a 130 billion won ($95 million) strategic par...

Shareholder value Celltrion shares rise after bonus issue announcement   

Celltrion Inc., South Korea’s largest biosimilar developer, will issue bonus shares to bolster its stock performance, which has been in the do...

Bio & Pharma Samsung Biologics drives foreign lead in Korea’s biotech supply chain

A surge in orders from Samsung Biologics Co., the world’s largest contract drugmaker, has propelled South Korea to the forefront of global rev...

Artificial intelligence OpenAI sets up entity in Korea with most paid ChatGPT users outside US

OpenAI Inc., the creator of generative AI ChatGPT, has established a legal entity in South Korea, which has the largest number of paying ChatGPT sub...

Banking & Finance NPS gobbles up Korea’s top 4 financial holding stocks

South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the country’s top four fina...

North Korea US considers withdrawing thousands of troops from South Korea

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Bio & Pharma Samsung Biologics to spin off biosimilar unit Samsung Bioepis

Samsung Biologics Co., the world’s largest contract drugmaker, will undergo a strategic split to separate its contract development and manufac...

Aerospace & Defense Samsung gears up for foray into space infrastructure industry

Samsung Group is stepping up efforts to venture into the space infrastructure industry, a sector analysts say remains a blue ocean where South Korea...

Real estate Seoul’s prime office transactions rise 6% in Q1 despite weak sentiment

Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter,...

Cryptocurrencies S.Korea's crypto market doubles to $77.5 bn with 20% of population trading

South Korea’s cryptocurrency market surged to nearly 108 trillion won ($77.5 billion) in the second half of last year, fueled by growing retai...

Bio & Pharma S.Korea’s Lunit installs breast cancer AI diagnostic tool at 200 US hospitals

Lunit Inc., a South Korean AI-powered cancer diagnostics company, said on Monday that more than 200 healthcare institutions across the US have now a...

Food & Beverage Bird flu in Brazil hikes wholesale chicken prices in Korea

South Korea has suspended chicken imports from Brazil following the outbreak of highly pathogenic avian influenza (HPAI) in the South American count...

Energy Vietnam, gateway for SK Group’s global renewable energy push

TIEN GIANG, VIETNAM – Off the coast of Vietnam’s Tien Giang Province, 36 wind turbines spin steadily with a constant whoosh and swish, g...

Private equity Bain Capital sells 6% stake in Korea’s Classys via block deal for $163 million

Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($16...

Healthcare Korea’s aesthetic medicine enjoys golden era with surge in foreign spending

As beauty-conscious tourists continue to flock to Seoul’s clinics, South Korea’s aesthetic medicine sector may be entering a golden era,...

Tech, Media & Telecom S.Korea’s Naver to launch Silicon Valley venture arm in aggressive AI push

Naver Corp., South Korea’s top internet portal operator, plans to set up a dedicated venture capital arm in Silicon Valley in a move seen as a...

Upcoming IPOs UK chip testing device maker TeraView seeks Kosdaq debut

TeraView Ltd., a UK semiconductor inspection device maker, is aiming to list on South Korea’s Kosdaq market in the second half of this year, i...

Beauty & Cosmetics K-Beauty defies seasonal slump with record $980 mn in April exports

The global appetite for Korean beauty products shows no sign of slowing, with their exports in April surging 20% year on year to a record high, ev...

Banking & Finance Samsung flexes financial muscle as insurance, card units top rankings

Samsung Group’s financial affiliates are closing in on KB Financial Group for the top spot in South Korea’s financial services sector, u...

Real estate Greystar hires ex-Samsung SRA manager to launch Seoul office

Greystar Real Estate Partners, the largest housing investment firm in the US, has hired Kang Junghwan, former managing director and head of portfoli...

Bio & Pharma South Korea’s Rznomics inks $1.3 bn out-licensing deal with Eli Lilly

Rznomics Inc., a South Korean RNA therapeutics developer, has signed an agreement worth more than $1.3 billion with US pharmaceutical giant Eli Lill...

Food & Beverage Hanwha acquires Ourhome for $622 million in push to revive food business

South Korea’s Hanwha Group has completed the acquisition of the country’s No. 2 food service and catering company Ourhome Ltd. for 869.5...