Korea Air Force Headquarters

South Korea-based private equity firm Skylake Equity Partners is seeking to sell a 100% stake in Outback Steakhouse Korea, as the PE firm and sale m...

South Korea on Friday unveiled a prototype of its homegrown fighter jet, the KF-21, two decades after it vowed to develop a next-generation superson...

The Korea Deposit Insurance Corp. (KDIC) has reduced its stake in Woori Financial Group to 15.25% by selling 149.2 billion won ($134 million) worth ...

Kakao Corp., South Korea's top mobile messaging app operator, is set to acquire a majority stake in Zigzag, a domestic online fashion platform targe...

South Korea’s leading color cosmetics manufacturer C&C International Co. will be listed on Kosdaq in May, with expected market capitalizat...

The sale of South Korea’s second-largest food delivery app Yogiyo has kicked off with the sell-side issuing an information memorandum to poten...

South Korea's government debt surpassed its gross domestic product for the first time in 2020, with public debt reaching its highest level ever foll...

Hyundai Oilbank Co., the oil refining unit under Hyundai Heavy Industries Holdings Co., has joined hands with US gas and chemical company Air Produc...

SmartStudy, a South Korean edtech firm behind global YouTube hits Pinkfong and Baby Shark Dance, has become the country’s 13th unicorn startup...

South Korean companies, having raised 30 trillion won ($27 billion) in both equity and bond issues in the first quarter of this year, are on course ...

The 15-month-long family feud over the control of Korean Air Lines Co. has ended with group chairman Cho Won-tae’s win over his sister Cho Hyu...

Korean Air Lines Co. will retain its brand name after absorbing local rival Asiana Airlines Inc. in a span of around two years, with their merged en...

Morgan Stanley reclaimed its top position in South Korea's M&A advisor league table in the first quarter of this year for the first time in two ...

Woowa Brothers Corp., the operator of South Korea’s top food delivery app Baedal Minjok, commonly known as Baemin, has joined the 1 trillion w...

The rules of economic growth have changed. From the disruption of the COVID-19 pandemic, governments have emerged with renewed sense of purpose, activ...

Despite worsening economic conditions due to the COVID-19 crisis, South Korea’s secondary battery business saw a rise in its key indicators, inc...

An engine mount is the part of a vehicle that holds the engine in place while at the same time reducing engine vibration. So-called “anti-vibr...

Seoul-based IMM Private Equity has fully exited its 300 billion won ($265 million) investment in the country's No. 2 electric wire manufacturer by s...

Inflation figures have entered a rising trend in South Korea amid ongoing competition across industries for higher wages. The country’s expect...

San Francisco-based private equity firm Hellman & Friedman (H&F) is expected to gather $500 million from South Korea's three key investors -...

Four out of the five preliminary bidders for eBay Korea, including SK Telecom Co. and MBK Partners, have made the cut in the deal estimated at aroun...

South Korea’s top tractor and farm machinery maker Daedong Industrial Co. has achieved the country’s first mass-production of self-drivi...

The combined balance of overseas real estate investment funds sold in South Korea saw a drop in their net asset value below the original value by 40...

MBK Partners is the only financial bidder for eBay Korea, the wholly-owned unit of the US online retailer, which has drawn top Korean retailers, the...

South Korea’s retail giant Lotte is expanding its presence in the e-commerce sector with the acquisition of Joonggonara, the country’s l...

South Korea’s retail giant Shinsegae is reviewing ways to double its stake in Starbucks Korea from 50% to 100%, according to an industry sourc...

Leading international law firms with offices in South Korea are gearing up for growing legal service demand from local companies in their push for m...

The Korea Venture Investment Corp. (KVIC), which manages funds of venture capital funding vehicles, will pick offshore VC funds to commit around 75 ...

Bank of America Merrill Lynch (BofA) has named managing director Cho Chanhee as its South Korean investment banking head to replace Park SeungGu who...

South Korea is hitting its stride as an innovator, but it’s an overnight success story over 20 years in the making. Coupang’s $60B IPO t...