(Photo=Gemini Generated) Shares of South Korean drugmaker Hyundai Pharm surged nearly 30% on Thursday after its partner released positive late-stage trial results for a topical hair-loss treatment, drawing attention to a potential shift in a global market long dominated by oral medications. The rally followed an announcement from Italy’s Cosmo Pharmaceuticals, which reported that its solution containing clascoterone—a compound licensed

(Photo=NPS) South Korea’s National Pension Service (NPS), the world’s third-largest public pension fund, is sitting on an unrealized gain of more than $60 million from its stake in Warner Bros. Discovery Inc., a timely wager that has paid off as the media giant becomes a central player in a looming industry consolidation. The fund accumulated the bulk of its position

Photo=Motionelements The latest generation of heirs at South Korea’s family-controlled conglomerates is reaching the chairman’s office more quickly—and at a younger age—than their predecessors, according to a new study that highlights shifting succession patterns in Asia’s fourth-largest economy. Research firm Leaders Index, which examined 233 owner-family executives across 66 major Korean business groups, found that fourth-generation successors took an average

Photo=Coupang A U.S.-based law firm with Korean ties said it will file a class-action lawsuit in American courts seeking punitive damages from Coupang Inc., the New York-listed parent company of South Korean e-commerce giant Coupang, after a data breach that compromised the information of tens of millions of users. SJKP, the American affiliate of Seoul-based law firm Daeryun, announced the

(Photo=Pixabay) South Korea is preparing to introduce a tenant-screening system that would give landlords access to renters’ credit scores, payment histories and certain lifestyle details, a shift that reflects growing pressure to rebalance information access in the country’s increasingly competitive rental market.  The Korea Housing Landlords Association said it is building the system with proptech firms and credit-rating agencies, aiming