Korea IMM Investment

Major South Korean companies such as Samsung Electronics Co. and Hyundai Motor Co. have accumulated more cash than ever before amid growing uncertai...

SK Square Co., the investment arm of SK Group, is working on issuing its own digital currency within the year, according to people with knowledge of...

South Korea on Wednesday nominated veteran International Monetary Fund official Rhee Chang-yong as the country’s new central bank chief, who i...

South Korea’s leading game developer Krafton Inc. announced Wednesday it signed a memorandum of understanding with San Francisco-based Solana ...

Hotel deals in South Korea hit a record high of 1.7 trillion won ($1.4 billion) in 2021, up 80% from the previous year, said global real estate serv...

Naver Z Corp. invested in more than eight companies so far this year, according to people familiar with the deals. Naver Z is the operator of Asia...

  Most new asset management firms in South Korea end up lagging the competition due to their smaller sizes. They suffer from operating losses ...

South Korea’s POSCO Group is set to spend $4 billion for the capacity expansion of a new lithium hydroxide factory in Argentina and cathode ma...

South Korea’s three major digital banks are stepping up their credit loans to borrowers with low credit ratings, a disruptive business model s...

South Korea’s Samsung Electro-Mechanics will spend more on increasing its semiconductor package substrate production capacity in order to meet...

South Korean entertainment powerhouse CJ ENM Co. said on Monday it will invest 100 billion won ($82.3 million) in KT Studio Genie, a content produ...

Jobis & Villains, the operator of artificial intelligence-powered accounting platform 3.3, announced that it recently acquired video messenger s...

South Korea is becoming a test bed for global high-end brands such as Balenciaga, Valentino, IWC and Breitling. The world's top luxury brands, pre...

South Korea’s Hana Financial Group has joined the race to buy English Premier League club Chelsea in a consortium with British property develo...

South Korea plans to open temporary settlement lines between domestic banks and their units in Russia in order to help companies hit by multinationa...

Goldman Sachs has divested of its stake worth 75 billion won ($62 million) in South Korea's cosmetics startup GP Club Co. without a profit due to de...

Auburn, Michigan – South Korea’s silicon wafer maker SK Siltron Co. will invest $300 million to increase production capacity by ten time...

Scores of South Korean initial public offerings slated for the first half of this year have been delayed after the bourse operator carried out a lar...

Hyundai Motor Co., South Korea’s top carmaker, invested $21.6 million late last year in startups with promising technologies in non-automaking...

South Korea’s first generation biotech firm Medipost Co. will sell a 30% stake to a private equity consortium, the company announced after W...

Seoulites are set to enjoy Gucci’s fine-dining experience from later this month.The Italian luxury fashion house said on Wednesday it will ope...

Renault Samsung Motors Corp., the South Korean unit of Renault S.A., has dropped Samsung from its name as the French automaker moves to end 22 years...

Government Employees Pension Service (GEPS) of South Korea posted a 8.61% rate of return in 2021, the pension fund announced on March 15. It has ear...

Hyundai Motor Co. has started mass producing its iconic all-electric crossover IONIQ 5 at its newly built plant in Indonesia, a country that the top...

Hanwha Systems Co., the defense and air mobility unit of South Korea’s Hanwha Group, made another investment of $11 million in Kymeta Corp., a...

South Korea’s clothing original equipment manufacturers (OEM) are set to see a supercycle or a sustained period of expansion driven by robust ...

LIG Nex1 Co., South Korea’s major defense exporter, plans to set up a $80.5 million venture investment fund with Eugene Investment & Secur...

Heads of South Korea’s leading venture capital firms say domestic startups have entered a phase of overvaluation. The Korea Economic Dail...

South Korea’s SK Geo Centric Co. invested $55 million in US plastic waste recycling company PureCycle Technologies Inc. in a move to transform...

POSCO Group, the world’s sixth-largest steelmaker, said on March 14 it has started construction on a solid electrolyte manufacturing facilit...