Korean Wave

Korean Air Lines Co., the country’s flag carrier, plans to bring in new airplanes and spend $1.7 billion on safety measures after a recent spa...

A South Korean small insurer has made a rare decision not to buy back dollar perpetual bonds, in the first such case for the country’s issuers...

Hyundai Motor Co. and Kia Corp., which are gradually increasing their presence in the US market, saw their hybrid vehicle sales reach an all-time hi...

The South Korean government, in tandem with the private sector, launched a battery alliance on Tuesday in a bid to support the companies in sourcing...

Foreign private equity firms have taken advantage of the strong dollar to dominate corporate acquisition deals in South Korea, adding to expectation...

South Korea’s Naver Webtoon Corp. has been successful in the domestic market with its loyal subscribers willing to pay to read a diverse libra...

It took a whole year for Domino’s Korea to convince the Michigan-based delivery pizza behemoth for an exemption to its corporate guidance of u...

MBraun, an affiliate of Germany’s Indus Holdings AG, plans to invest 1 billion won ($702,000) in a South Korean university as part of a deal t...

Peak Bio Co., a South Korean biopharmaceutical company, is debuting on the Nasdaq through a merger with US blank cheque company Ignyte Acquisition C...

Rising interest rates amid a slowing global economy rattled South Korean companies’ market capitalization rankings, bumping online players suc...

HANOI – Vietnam’s young people are avid fans of Korean culture, collectively known as Hallyu. Trang, a 21-year-old college student, is o...

South Korea’s electric vehicle charging platform startup is set to make inroads into Indonesia, a prospective EV market with the world’s...

Korea Investment Corporation (KIC) will continue to look for opportunities in private debt and venture capital investment with mid- to long-term gro...

A Singaporean private equity firm has proposed a number of measures to KT&G Corp., the world’s fifth-largest tobacco maker, including a sp...

South Korea’s major financial groups enjoyed record quarterly earnings as higher policy interest rates increased lending rates, powering the p...

US private equity giant The Carlyle Group and South Korean energy-to-retail conglomerate GS Group will acquire Medit Corp., the world’s third-...

Mirae Asset Financial Group is set to chip in some $200 million toward Tesla CEO Elon Musk’s $44 billion takeover of Twitter Inc. in acquisiti...

Samsung Electronics Co., the world’s second-largest foundry company, is set to expand production technology of chips for automobiles, sensors ...

OCI Co., a leading South Korean solar power cell manufacturer, said on Monday it will invest $40 million to expand the solar cell module production ...

US investment firm Principal Global Investors LLC has recently opened a Seoul office to strengthen the firm’s existing client relationships in...

The South Korean state-run National Pension Service (NPS) has been spotted selling dollars for won, supporting the ailing local unit, as the world&r...

Singapore-based Keppel Infrastructure completed the acquisition of South Korea’s leading waste management company EMK Co. for 760 billion won ...

US private equity giants The Carlyle Group and Kohlberg Kravis Roberts & Co. (KKR) are again competing to acquire the world’s third-larges...

Foreign investors have returned to the South Korean market, snapping up chip industry leaders such as Samsung Electronics Co. and SK Hynix Inc. for ...

POSCO Chemical Co., a unit of South Korea’s steel giant POSCO Holdings Inc., is looking to forge a long-term contract to supply cathode, a key...

South Korea’s mobile platform giant Kakao Corp. is facing increasing concern over its growth strategies centered on business expansions throug...

LG Electronics Inc., the world’s top home appliance maker, has ramped up expansion of robot applications in the smart logistics sector with it...

POSCO Group, the world’s sixth-largest steelmaker, broke ground on Friday for a high-purity nickel refining plant in South Korea to meet risin...

South Korea’s tech giant Samsung Electronics Co. said on Friday it is launching its digital wallet platform in 13 more countries by year-end t...

People can debate what it means for the government of a top-12 economy to be “anti-feminist.” There is no question, though, that President...