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    BLACKPINK Jennie's 'Solo' music video hits record high 900 mil. YouTube views

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    Japanese students' field trips to Korea resume after pandemic hiatus

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    Lotte desperate to win LVMH Chairman Arnault's heart

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    President Yoon refutes criticism of fence-mending summit with Japan

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    Apple Pay service starts in Korea

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    US report voices concerns over S. Korea's press freedom

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    Revenge rises as key theme in K-dramas

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    Korean firms balk at donating to fund compensating victims of Japan's forced labor

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    Osstem Implant to invite 1,500 dentists from 22 countries for training

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    VIDEOMiracle rescue of 200 dogs caged for dog meat

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    Lee Se-young to lead MBC's new series 'The Story of Park's Marriage Contract'

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    INTERVIEW'The Flag': Kwon Jin-ah's love letter to people chasing their dreams

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Thu, March 23, 2023 | 11:22
Investment banks compete for HMM sale advisory roles
Investment banks compete for HMM sale advisory roles
Major investment banks, accounting firms and law firms are competing to win advisory roles for an upcoming sale deal of HMM, a global shipping logistics company of which the controlling stake is currently held by Korea Development Bank (KDB) and Korea Ocean Business Corporation (KOBC).
Anna J. Park | 2023-03-22 16:12
Korean pension fund hit by overseas banking crisis
Korean pension fund hit by overseas banking crisis
The National Pension Service (NPS) has been hit hard by the global banking crisis, as the state-run pension fund holds stocks and bonds worth hundreds of billions of won in ill-fated overseas financial institutions, which are teetering on the brink of collapse.
Lee Min-hyung | 2023-03-22 15:35
[CONTRIBUTION] Activist funds gain influence, power
CONTRIBUTIONActivist funds gain influence, power
Recently, Kakao Entertainment and HYBE engaged in a fierce money game to acquire SM Entertainment (SM), the leading entertainment company in Korea, after which Kakao has emerged victorious.
2023-03-21 17:02
LVMH allegedly joins takeover bid to acquire Missha
LVMH allegedly joins takeover bid to acquire Missha
LVMH Group, the world's largest luxury group, which operates the global beauty store Sephora, has joined a preliminary takeover bid to acquire a controlling stake of Able C&C, the operator of cosmetics brand Missha, according to media reports and sources.
Anna J. Park | 2023-03-21 16:42
EcoPro Materials faces setback in IPO plan
EcoPro Materials faces setback in IPO plan
Battery materials business group EcoPro is facing a major setback to its plan to list its key subsidiary EcoPro Materials within this year, as prosecutors investigate the company over allegations of insider trading by some of its former and incumbent executives and staff employees. According to the financial authorities, a joint investigation team on financial crimes establis...
Anna J. Park | 2023-03-20 16:47
MBK Partners acquires FCCL maker NexFlex
MBK Partners acquires FCCL maker NexFlex
MBK Partners is adding Korea's top flexible copper clad laminate (FCCL) maker NexFlex to its investment portfolio, as Asia's largest private equity firm signed a stock purchase agreement (SPA) with SkyLake Equity Partners, the owner of the FCCL manufacturer, late last week.
Anna J. Park | 2023-03-20 16:02
SVB shock sparks foreign capital outflow from Korea
SVB shock sparks foreign capital outflow from Korea
The shock collapse of Silicon Valley Bank (SVB) is sparking foreign capital outflow here, rekindling woes that the local stock market may again fall into the doldrums.
Lee Min-hyung | 2023-03-19 16:52
Could Doosan Robotics be valued at 1 trillion won in IPO?
Could Doosan Robotics be valued at 1 trillion won in IPO?
As the robotics industry enjoys an upswing in the market, all eyes are on Doosan Robotics and whether it could be Korea's next trillion-won valued company. According to investment bank industry sources, the number one co-robot producer in Korea is preparing to go public this year. It has designated Mirae Asset Securities and Korea Investment & Securities as its lead underwrit...
Lee Yeon-woo | 2023-03-19 16:36
Seoul stocks end up on eased banking jitters
Seoul stocks end up on eased banking jitters
Seoul stocks finished higher Friday as investors' jitters eased on news that a group of banks would throw a lifeline to a troubled U.S. bank. The Korean won rose against the U.S. dollar.
2023-03-17 18:01
Robotics stocks soar over positive outlooks on future growth
Robotics stocks soar over positive outlooks on future growth
Local robotics stocks are enjoying a rapid bull market, reflecting investors' expectation over further mergers and acquisitions of robotics companies by conglomerates as well as the government's deregulation moves to foster the state-of-the-art industry. The share price of Rainbow Robotics reached its all-time high of 136,900 won ($104.90) in the early trading hours during Fr...
Anna J. Park | 2023-03-17 17:13
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Top 10 Stories
1Korean firms balk at donating to fund compensating victims of Japan's forced laborKorean firms balk at donating to fund compensating victims of Japan's forced labor
2Sexual assaults by Korean diplomats continue despite zero-tolerance policy Sexual assaults by Korean diplomats continue despite zero-tolerance policy
3Consumers choose to travel abroad over purchasing luxury goods Consumers choose to travel abroad over purchasing luxury goods
4Main opposition leader indicted, faces calls to resign Main opposition leader indicted, faces calls to resign
5World water day World water day
6Outback Steakhouse sees sales soar as it opens stores in large shopping malls Outback Steakhouse sees sales soar as it opens stores in large shopping malls
7Samsung, SK avoid worst-case scenario as US 'guardrails' are less stringent than feared Samsung, SK avoid worst-case scenario as US 'guardrails' are less stringent than feared
8Korean pension fund hit by overseas banking crisis Korean pension fund hit by overseas banking crisis
9[INTERVIEW] Retired FSC chief finds inspiration exploring Koreans' ancestral roots INTERVIEWRetired FSC chief finds inspiration exploring Koreans' ancestral roots
10Campaign launched to promote equal treatment for multicultural families Campaign launched to promote equal treatment for multicultural families
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