overseas portfolio

Mergers & Acquisitions Harman acquires Masimo’s audio arm in Samsung’s car audio push

Harman International Industries Inc., wholly owned by Samsung Electronics Co., has acquired Masimo Corp.’s audio business for $350 million, a ...

Earnings Shinhan Financial’s overseas business blooms, on track for record earnings

Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...

Corporate strategy KT&G eyes overseas M&A after rejecting activist fund's offer

KT&G Corp., South Korea’s dominant tobacco and ginseng producer, is seeking to acquire a Japanese ginseng company after dismissing a 1.9-t...

Aerospace & Defense South Korean defense industry thriving on strong overseas demand

The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems h...

Shipping & Shipbuilding With domestic dockyards fully booked, Korean shipbuilders turn overseas

As order books swell amid green shipping mandates, LNG demand and military naval modernization, South Korean shipbuilders are extending their global...

Entertainment Korean entertainment stocks advance, unfazed by US tariff concerns

South Korean entertainment and gaming stocks climbed on Friday, defying a broader market drop as investors sought refuge in sectors seen as immune t...

Alternative investments Korean financial firms face growing risks in overseas property investments

South Korea’s financial institutions are increasingly at risk of their overseas real estate investments turning sour, government data showed o...

Cryptocurrencies BlackRock sees digital assets at critical turning point

Digital assets are poised for robust structural growth – not just as investment vehicles but as strategic assets – fueled by growing ins...

Pension funds S.Korea’s NPS to double pension fund size by 2050, hike risky assets

South Korea’s National Pension Service (NPS) is projected to nearly double its fund size to 3,500 trillion won ($2.38 trillion) by 2050, follo...

Batteries LG Energy, Doosan Bobcat tie up for construction equipment battery packs

LG Energy Solution Ltd., the world’s third-largest battery maker, and Doosan Bobcat Inc., a global construction machinery producer, said on We...

Games Krafton invests in 10 overseas game startups in 2024

Krafton Inc. invested in 10 overseas game developers in 2024 in search of the next big franchise intellectual property (IP) following its mega-hit t...

Pension funds S.Korea’s pension fund NPS to overhaul alternative investment strategy

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, plans to intr...

Automobiles Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off

South Korea’s No. 2 automaker Kia Corp. saw its Chinese operations turn profitable in 2024 for the first time in eight years as brisk exports ...

Shipping & Shipbuilding HD Hyundai, Hanwha Ocean to jointly bid for high-stakes warship deals

South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. – have agreed to join forces to pur...

Bio & Pharma Celltrion wins EU approval for autoimmune disease treatment Avtozma

Celltrion Inc.’s Avtozma, a biosimilar to Roche’s autoimmune disease treatment Actemra, has won approval from the European Commission, f...

Sovereign bonds Foreigners return to Korean debt market; Korea on course to join WGBI

Foreigners scooped up South Korean government bonds in January despite the country’s ongoing political upheavals, betting big on the country&r...

Corporate restructuring SK Ecoplant seeks to sell waste treatment business for $1.4 billion

SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, is seeking to dispose of its waste treatment b...

Corporate investment LX International seeks to acquire nickel, copper mines in Indonesia

LX International Corp., the trading unit of South Korea’s LX Group, said on Friday it is seeking to acquire a nickel mine and a copper mine in...

Beauty & Cosmetics Amorepacific's Aestura to enter US market with Sephora

South Korean beauty and cosmetics giant Amorepacific Corp. said on Wednesday that its derma cosmetic brand Aestura will enter the American market wi...

Retail Coupang Eats starts food delivery service in Japan

Coupang Eats, a food delivery app operated by South Korea's No. 1 e-commerce platform Coupang Inc., launched its first overseas service in Japan.Acc...

Robotics Koh Young gets OK from FDA for brain surgery robot

Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, said on Monday it got 501K...

Webtoons Naver Webtoon invests in Japan's Number Nine

South Korea's Naver Webtoon said on Thursday that its Japanese service operator Line Digital Frontier invested in Number Nine, a webtoon studio in J...

Steel Hyundai mulls building 1st overseas steel mill in Louisiana

WASHINGTON, D.C. – Hyundai Motor Group is considering building its first overseas steel mill in New Orleans, Louisiana, according to industry ...

Food & Beverage S.Korea's office cafeteria firms expand into overseas markets

South Korea's office cafeteria companies, including Hyundai Green Food Co., Ourhome, and Samsung Welstory plan to expand overseas markets with the p...

Energy KEPCO expects all-time high $207 mn in 2024 overseas investment returns

Korea Electric Power Corp. (KEPCO), the state-run utility company, expects to post its highest-ever overseas business performance this year, thanks ...

Food & Beverage Samyang Foods to establish overseas plant in China

South Korea's Samyang Foods Co. said on Monday it will build its first overseas plant in China. The company plans to invest 64.7 billion won ($...

Chemical Industry HD Hyundai Oilbank supplies bio VLSFO to Yangming

HD Hyundai Oilbank Co., a South Korean crude oil refiner backed by Saudi Aramco, said on Thursday it started to supply Taiwan-based Yang Ming Marine...

Executive reshuffles SK promotes restructuring keymen to SK On, SK Discovery top posts

SK Group on Thursday promoted the keymen of its business overhauls to top posts at intermediary holding company SK Discovery Co. and battery maker S...

Venture capital S.Korean startup accelerators to boost overseas biz

South Korean accelerators (ACs) are turning to Southeast Asia and the Middle East market to support startups and expand their reach.ACs, companies t...

Private equity Kamur PE sells cutting tool maker JJ Tools to Blackstone

Seoul-based Kamur Private Equity has signed a definitive agreement to sell a majority stake in South Korean industrial cutting tool manufacturer JJ ...