Mirae Asset Global Investments Co. now manages more than 400 trillion won ($288 billion) in assets for the first time since its first global venture over two decades ago, following a slew of overseas ...

KakaoBank Corp., a leading South Korean internet-only bank, posted its highest quarterly profit in the first quarter, defying a drop in interest income, as the digital lender saw a surge in ...

Samsung Electronics Co. has brought a former Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) executive on board to lead its North American foundry operations, ramping up efforts to bolster its ...

Cushman & Wakefield and Avison Young have been appointed to oversee the sale of Orange Center, a prime office tower in Seoul’s central business district (CBD) that serves as the headquarters of retail ...

Orchestra Private Equity has begun the process of divesting the South Korean operations of fast-food chain KFC, which has seen earnings growth since its acquisition in 2023, according to investment ...

HD Hyundai Electric Co., a South Korean electric power equipment maker, plans to invest about half of its 2024 operating profit, estimated at 720 billion won ($493 million), to seize an opportunity ...

POSCO Future M Co., South Korea’s leading battery materials maker, is set to raise 1.1 trillion won ($771 million) through a rights offering as it doubles down on its bet to expand manufacturing ...

South Korea’s tech giant Naver Corp. is expected to soon announce a new chief financial officer as its current CFO Kim Nam-sun, credited for the company’s global expansion through mergers and ...

South Korea’s once domestically focused automakers are making significant inroads into the global defense sector, with a string of recent contracts underscoring their growing appeal as suppliers of ...

A surge in orders from Samsung Biologics Co., the world’s largest contract drugmaker, has propelled South Korea to the forefront of global revenue growth for major biotech materials and equipment ...

"Maybe Happy Ending" swept the Tony Awards on Sunday, taking home six trophies, including for Best Musical, and the first time a Korean-originated production claimed the prestigious honor. The musical ...

Samsung SDS Co., the information technology service unit of South Korea’s Samsung Group, plans to build an artificial intelligence data center to enhance its presence in the fast-growing AI segment.