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Korean games NCSOFT invests in US game startup emptyvessel

NCSOFT Corp. has made an equity investment in emptyvessel, a US indie games studio, as part of efforts to expand into the first-person shooter genre...

Korean games Krafton buys India’s Nautilus Mobile, fueling IP race in Korean game scene

Krafton Inc., one of South Korea’s top four market-cap gaming firms, has taken over Indian game developer Nautilus Mobile for $14 million, upp...

Sovereign bonds S.Korea courts active funds for $140 bn treasury issuance

South Korea’s finance ministry will hold its largest-ever investor relations (IR) event for global institutional investors at the end of this ...

Real estate Global real estate market poised for strong rebound: Savills

The global real estate market is expected to pick up significantly over the next few years, with around $500 billion worth of real estate assets, he...

Beauty & Cosmetics Korean beauty giants Amorepacific, LG H&H come back from China woes

South Korea’s two largest cosmetics makers, Amorepacific Corp. and LG H&H Co., are recovering from years of lackluster overseas business p...

Mergers & Acquisitions SK, Lotte's restructuring to drive Korea's M&A market in 2025

SK and Lotte groups remain the focus for South Korean dealmakers as the two conglomerates accelerate restructuring by divesting non-core assets, a s...

Artificial intelligence Naver D2SF invests in N.American AI startup

South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) invested in North American AI ad tech startup Remb...

Economy Korea’s 2024 exports hit all-time high, driven by chips, shipments to China

South Korea’s exports, the country’s main growth driver, reached an all-time high in 2024, buoyed by strong semiconductor exports and a ...

Robotics Hyundai Motor, Kia unveil wearable robot X-ble Shoulder

Hyundai Motor Co. and Kia Corp. unveiled the wearable robot X-ble Shoulder at Wearable Robot Tech Day held at the Hyundai Motorstudio Goyang, Gyeong...

Tech, Media & Telecom Naver Band surpasses 6 mn MAU in US

South Korea’s Naver Corp. said on Friday its group-based social media platform Band reached 6.04 million monthly active users (MAU) in the Uni...

ASK 2024 NPS bullish on real estate in low interest era: chairman

South Korea’s National Pension Service (NPS) will raise exposure to residential housing and data centers to take advantage of lower interest r...

Automobiles Hyundai Motor, Kia to boost partnership with RISD

Hyundai Motor Co. and Kia Corp. said on Friday they strengthened their partnership with the renowned US art school, Rhode Island School of Design (R...

Electronics LG Display unveils stretchable display clothing

South Korea's LG Display Co. on Thursday showcased the futuristic clothing and bag concepts featuring stretchable displays at the 2025 S/S Seoul Fas...

Corporate strategy AI-driven shifts will unlock opportunities: SK Chairman

Challenges are ahead but the artificial intelligence industry will eventually boom, opening new markets, said South Korea’s second-largest bus...

Automobiles Hyundai Mobis lighting system wins triple crown of design awards

South Korea's auto parts maker Hyundai Mobis announced on Sunday that its Active Aero Lighting System (AALS) has received awards at the world's thre...

Travel & Leisure Korea’s top resort operator Sono buys T'way stake for $76 mn

South Korea’s top resort operator Sono International Co. has bought a stake in T'way Air Co., a local low-cost carrier (LCC), for 105.6 billio...

Batteries POSCO seeks additional lithium deals from Argentina, Chile

POSCO Holdings Inc., the parent of South Korea’s top steelmaker POSCO, aims to clinch additional deals from Argentina and Chile to secure lith...

ESG SK Ecoplant's Wayble Decarbon gets GIS certification

South Korea's SK Ecoplant Co. announced on Friday that its corporate carbon management platform Wayble Decarbon has obtained the country's first gre...

Energy SK Ecoplant builds rooftop solar panels at Samil Vina in Vietnam

SK Ecoplant Co., a South Korean construction engineering and waste management company, said on Tuesday it has completed building rooftop solar panel...

Bio & Pharma Korean botox sales gain momentum in US, China

South Korea is ramping up exports of botulinum toxin to the US and China, the world’s two top consumers of the neurotoxin protein, with its pr...

Electronics With AI tech, Samsung Electronics on par with Apple: Han Jong-hee

MILAN, ITALY – South Korean tech giant Samsung Electronics Co. has for years been desperate to catch up to US Big Tech Apple Inc. in high-end ...

E-commerce AliExpress, Temu threaten Coupang’s lead in S.Korea

Coupang Inc. is the only South Korea-native e-commerce platform with more monthly active users than China's e-commerce giants AliExpress and Temu in...

Pension funds NPS' former key players move to law firms as its voting power increases

South Korea’s National Pension Service (NPS) is seeing more and more of its former senior managers moving to top-tier domestic law firms. Ther...

Electronics Samsung releases 43-inch Moving Stand

Samsung Electronics Co. announced on Tuesday that it launched the Moving Stand for 43-inch monitors, expanding its lineup following the release of 2...

Private equity Korea, Japan lead Asia's buyout markets: MBK Partners

South Korea and Japan are the two most important markets for buyouts in Asia, and China is still a significant private market with potential for mid...

Shareholder activism Shareholder activism in Korea swells 9 times since 2019

The number of South Korean firms targeted by activist funds has risen by nearly nine times over the past five years, the largest increase among majo...

Investment banking Goldman Sachs Korea co-head Chung to move to Hyundai Capital

Goldman Sachs’ Chung Hyung-Jin, co-head of the Seoul office and the leader of the firm’s investment banking (IB) business in South Korea...

Artificial intelligence Samsung to launch its 1st Galaxy Ring in H2 2024

Samsung Electronics Co. will launch its first Galaxy Ring in the second half of this year as the South Korean tech giant is finalizing research and ...

K-pop BTS agency HYBE logs record sales backed by albums, concerts

HYBE Co., the agency behind K-pop sensation BTS, last year logged the highest-ever annual revenue for a South Korean entertainment company, backed b...

Korean startups KT to participate in MWC 2024 with five Korean startup partners

South Korea’s KT Corp. announced on Tuesday that it will participate in the world's largest mobile exhibition MWC 2024 to be held in Barcelona...