News

Aekyung's logo South Korea’s Aekyung Group has put its flagship subsidiary, Aekyung Industrial Co., up for sale as part of broader restructuring efforts to shore up its weak financial status. The ...
Korean cosmetics on display at a Galeries Lafayette department store in Paris, France The global appetite for Korean beauty products shows no sign of slowing, with their exports in April surging 20% ...
Korea Zinc annual shareholder meeting on March 28, 2025 FAR FROM OVER MBK Partners is pursuing legal action to invalidate the key shareholder resolutions. A day before the general meeting, MBK ...
They are seeking to acquire shares from TPG with a 29% stake in Kakao Mobility, Carlyle Group (6.17%), LG Corp. (2.46%) and Google Inc. (1.52%), as well as a portion of the 57.2% stake held by Kakao ...
South Korean President Lee Jae-myung (left) speaks at a cabinet meeting on June 19, 2025 (Courtesy of Yonhap) South Korea’s new administration on Thursday proposed an additional 20.2 trillion won ($14 ...
Ryou Hyo-Sang, head of the Unicorn Business Management Research Institute, speaks at the KED Global expert panel discussion on June 18 MBK Partners’ takeover attempt of Korea Zinc Inc. has exposed the ...
The Korean Teachers’ Credit Union (KTCU), a retirement fund operator for South Korean teachers, has picked 10 local private equity firms to run blind pool funds, backed by a total commitment of 700 ...
Non-government organization World Vision Korea has sold its Ethereum holdings, becoming the first Korean legal entity to trade crypto after the South Korean government’s recent policy shift allowing ...
US SUPPLY GAP OPENS OPPORTUNITY FOR KOREAN SUPPLIERS Wall Street analysts said a growing shortage of large power transformers in the US is boosting Korean makers’ exports. Nearly all Korean firms’ ...
Kakao Corp. shares underperformed its peers and the broad market on Friday after SK Telecom Co. sold off its entire stake in the South Korean platform giant for about 400 billion won ($278.2 million).
Samsung Life Insurance's headquarters in Seoul Samsung Group’s financial affiliates are closing in on KB Financial Group for the top spot in South Korea’s financial services sector, underscoring ...
FASHION, MOVIES & LUXURIES Data showed a widespread shift in consumer behavior. Fashion retailer F&F Co. – operator of brands such as MLB and Discovery –posted a 44% on-year rise to 5 billion won in ...