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MBK wins enough stake in tender offer to control Korea Zinc
in News
Information board at Korea Zinc’s headquarters in Seoul (File photo by News1) North Asia-focused private equity firm MBK Partners Ltd.…
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“Make a Global Group but Don’t Listen to Global fans” 🙄
in CommunityEver since BTS blew up in America. So many labels are trying to recreate their success with their groups but…
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One seoul resident files 37,000 lawsuits for 5 years; His cases account for half of cases that is under review by supreme court now
Translation : It has been reported that half of the civil lawsuits currently under review by the Supreme Court are…
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Bus driver receives a complaint about his appearance being too ugly
For those of you who can’t read Korean, the bus driver got a complaint (민원) that he is too ugly…
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Korea Zinc ups share buyback price, volume to counter MBK
Korea Zinc Chair Choi Yun-birm at a press conference on Oct. 2, 2024 (File photo by News1) Korea Zinc Inc.…
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Microsoft, KT to invest $1.8 bn in Korea’s AI, infrastructure
KT Chief Executive Kim Young-shub speaks to the press about the company’s partnership with Microsoft in Seoul on Oct. 10,…
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MBK not to raise Korea Zinc tender offer price after regulator warns
MBK Partners will not raise its tender offer prices again for Korea Zinc Inc. and its affiliate Young Poong Precision…
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Samsung Apologizes for Falling Behind in AI Chips Race
A Samsung high-bandwidth memory chip. Photo: SeongJoon Cho/Bloomberg News SEOUL—For a major maker of semiconductors such as Samsung Electronics Co.…
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Korea Zinc to fulfill share buyback regardless of offer size
Korea Zinc Chairman Choi Yun-birm announced a share buyback plan at a press conference on Oct. 2 (Courtesy of Yonhap)…
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SK Group may beef up reform drive after CEO seminar
SK Group Chairman Chey Tae-won South Korea’s energy-to-telecom conglomerate SK Group will hold an annual strategic meeting presided over by…
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S.Korea’s NPS investment arm suffers chronic understaffing
National Pension Fund’s headquarters in Jeonju, North Jeolla Province South Korea’s largest institutional investor, the National Pension Service (NPS) managing…
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HD Hyundai seeks to acquire Leeyoung to prepare for shipbuilding boom
HD Hyundai Heavy shipbuilding dockyard in Ulsan South Korea’s HD Hyundai Heavy Industries Co. is seeking to acquire Leeyoung Industrial…
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Fed’s big rate cut spurs Korean firms to issue foreign bonds
Bundles of $100 bills at South Korea’s Hana Bank headquarters in Seoul (File photo by Yonhap) South Korean companies rushed…
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South Korea Can Go Only So Far Copying Japan’s Market Reforms
A new index is part of South Korea’s ‘corporate value-up’ program. Photo: Ahn Young-joon/Associated Press South Korea is taking a…
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Airbnb Korea to evict listings not submitting business license
Seo Ga-yeon, country manager of Airbnb Korea (Courtesy of Airbnb) Airbnb Korea announced on Tuesday that it will require new…
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Korea’s MeatBox to go public despite failed grocery platform IPOs
MeatBox’s mobile livestock sales platform (File photo by MeatBox) MeatBox Global Inc., South Korea’s online livestock product sales platform operator,…
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Hanwha, LG to support Korea Zinc in battle against MBK
Illustration of Korea Zinc’s booth at a battery industry exhibition in Seoul in 2023 (File photo by Korea Zinc) South…
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SK Hynix shares dive after Morgan Stanley downgrade
SK Hynix’s HBM3E memory chips The share price of SK Hynix Inc. plummeted as much as 11% at one point…
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Duty-free underdog Kyung Bok Kung outshines Lotte, Shilla
Kim Tae-hoon, CEO of Kyung Bok Kung Duty-Free, speaks at the grand opening of its outlet at Cheongju International Airport…
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MBK, Young Poong seek $1.5 bn hostile bid for Korea Zinc
MBK Partners office in Seoul (File photo by Bum-June Kim) MBK Partners Ltd., the North Asia-focused private equity firm, is…
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Lotte to restructure bio business to focus on CDMO
Bird’s eye view of Lotte Biologics plants in Songdo, Incheon, South Korea (Courtesy of Lotte) South Korea’s retail-to-chemical conglomerate Lotte…
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Tokyo Electron: Chip machinery giant with ‘tireless animal spirit’
Tokyo Electron CEO Toshiki Kawai TOKYO – In the 1980s, Japanese chipmakers dominated the world’s semiconductor industry. Companies like NEC,…
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Daishin Securities shelves main office building sale to NH-Amundi
Daishin Securities headquarters in Euljiro, Seoul (Courtesy of Yonhap) Daishin Securities Co. has called off a plan to sell its…
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LVMH, OpenAI, LG deepen ties with startups in S.Korea
MarqVision co-founder and CBO DK Lee (center from right) speaks on the stage (Courtesy of MarqVision) South Korean startups and…
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Activst fund KCGI struggles to fund Hanyang Securities deal
KCGI CEO Kang Sung-boo (File photo by Eun-Koo Kang) KCGI, a South Korean private equity firm, has been struggling to…
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S.Korean travel retailers’ downfall without Chinese big spenders
Lotte Duty Free shop entrance in Myeongdong, Seoul (Courtesy of Yonhap) Before COVID-19 swept the world, South Korea’s top two…
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Will Samsung take over Nokia’s mobile network assets?
Samsung Electronics office in Seoul (File photo by Dae-chul Lim) Samsung Electronics Co., the world’s top smartphone maker, showed initial…
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Lotte to open shops within Singapore NTUC FairPrice outlets
NTUC FairPrice CEO Vipul Chawla (third from left) and Lotte Shopping CEO Kim Sanghyun (fourth from left) pose after signinig…
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HYBE replaces ADOR CEO; Ex-CEO Min barks at sacking
Former ADOR CEO Min Hee-jin (left) HYBE Co. has finally removed Min Hee-jin from ADOR, a label behind girl group…
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NCSOFT to seek recovery momentum with open-world game
(File photo by NCSOFT) South Korea’s gaming giant NCSOFT Corp. is set to develop an open-world massively multiplayer online role-playing…
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YC-backed Relate defies conventional wisdom for deeper integration
(Courtesy of Pixelic) It may look like David versus Goliath, but Y Combinator-backed Relate has found a sweet spot where…
