The Korea Economic Daily

The Korea Economic Daily The Korea Economic Daily is a digital media platform for economic and business news on South Korea

Sweden’s buyout firm EQT Partners has acquired Remember, a fast-growing Korean career networking platform, from Ark & Pa...
11/08/2025

Sweden’s buyout firm EQT Partners has acquired Remember, a fast-growing Korean career networking platform, from Ark & Partners.



Sweden’s EQT Partners, one of Europe’s largest private equity firms, has signed a deal to acquire Remember & Company, the operator of a fast-gr

Hyundai Motor Group overtook Volkswagen Group as the world’s second most profitable carmaker in the first half, indicati...
10/08/2025

Hyundai Motor Group overtook Volkswagen Group as the world’s second most profitable carmaker in the first half, indicating the leading South Korean automaker may have coped with US President Donald Trump’s tariffs better than the German rival.



Hyundai Motor Group overtook Volkswagen Group as the world’s second most profitable carmaker in the first half, indicating the leading South Korean autom

Yeochun NCC Co. (YNCC), South Korea’s major petrochemical producer, is facing a default risk as its owners disagree over...
10/08/2025

Yeochun NCC Co. (YNCC), South Korea’s major petrochemical producer, is facing a default risk as its owners disagree over capital injections amid the industry’s persistent downturn.



Yeochun NCC (YNCC) Co., South Korea’s major petrochemical producer, is facing a default risk as its owners disagree over capital injections amid the indu

Chinese tourists to South Korea are changing their habits. Young independent travelers follow social media trails to fis...
08/08/2025

Chinese tourists to South Korea are changing their habits. Young independent travelers follow social media trails to fishing villages, barley fields and K-drama sets.



For decades, megacity malls in Myeongdong and other neon heart of Seoul have been the must-visit places for Chinese tourists, mostly in large groups.However, d

South Korean cosmetics brands are increasingly choosing K-pop boy bands over female artists to attract women, the primar...
08/08/2025

South Korean cosmetics brands are increasingly choosing K-pop boy bands over female artists to attract women, the primary consumers of beauty products, and accelerate their growth in the global market.

AMOREPACIFIC ABLE C&C mixsoon (Parket Inc.) Isntree Gowoonsesang cosmetics (Dr.G)



South Korean cosmetics brands are increasingly choosing K-pop boy bands over female artists to attract women, the primary consumers of beauty products, and acc

The Living Company, a leading Australian housing developer, opened an office in Seoul to target South Korea’s residentia...
08/08/2025

The Living Company, a leading Australian housing developer, opened an office in Seoul to target South Korea’s residential market. The move prompted expectations that other global asset managers may follow suit to meet the growing demand for rental homes, given the increasing single-person households in Asia’s fourth-largest economy.



The Living Company, a leading Australian housing developer, on Thursday opened an office in Seoul to target South Korea’s residential market. The move pr

POSCO Future M has begun shipping cathodes made with domestically sourced precursors to Ultium Cells to cut its reliance...
08/08/2025

POSCO Future M has begun shipping cathodes made with domestically sourced precursors to Ultium Cells to cut its reliance on China and meet tighter US rules.



POSCO Future M Co., South Korea’s leading battery materials maker, has begun shipping cathode materials produced entirely with domestically sourced precu

  has agreed to sell its dermal filler business to the country’s major buyout fund   for 200 billion won ($144 million)....
08/08/2025

has agreed to sell its dermal filler business to the country’s major buyout fund for 200 billion won ($144 million).


South Korea’s leading chemical company LG Chem Ltd. has agreed to sell its dermal filler business to the country’s major buyout fund VIG Partners f

  is in talks to buy  's plant in New Jersey for about 700 billion won ($504.3 million).            %
08/08/2025

is in talks to buy 's plant in New Jersey for about 700 billion won ($504.3 million).
%

Celltrion Inc., South Korea’s biosimilar-developing leader, is in talks with Eli Lilly and Company to buy the American multinational pharmaceutical behem

French industrial gas leader   is in exclusive talks to buy South Korea’s   for over $3.3 billion.
08/08/2025

French industrial gas leader is in exclusive talks to buy South Korea’s for over $3.3 billion.


Air Liquide SA, a French multinational industrial gas and services company, is eyeing a return to South Korea after its exit a decade ago, as it is in exclusiv

SK Innovation’s sale of its 50% stake in Boryeong LNG Terminal has drawn strong interest from PEFs in one of Korea’s lar...
08/08/2025

SK Innovation’s sale of its 50% stake in Boryeong LNG Terminal has drawn strong interest from PEFs in one of Korea’s largest recent infrastructure transactions.



SK Innovation Co.’s sale of its 50% stake in Boryeong LNG Terminal has drawn strong interest from domestic and international private equity funds (PEFs),

Trump’s threat to levy a 100% chip tariff has reignited concerns. Seoul officials say Samsung and SK are unlikely to fac...
07/08/2025

Trump’s threat to levy a 100% chip tariff has reignited concerns. Seoul officials say Samsung and SK are unlikely to face the full brunt of the measure.



NEW YORK – A revived threat from US President Donald Trump to impose a 100% tariff on imported semiconductors has reignited concerns in South Korea&rsquo

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