$100 billion
Scope
Date
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Future mobility
Kakao Mobility to build smart infrastructure for Saudi Diriyah project
Kakao Mobility Corp., which runs South Korea’s most popular ride-hailing app, Kakao T, has clinched a deal to build a future mobility infrastr...
Jun 02, 2025 (Gmt+09:00)
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Infrastructure
Korea Post to commit $150 mn to mid-cap infrastructure funds
Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency sai...
May 30, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Group joins S.Korea’s 100 trillion won market cap club
South Korean shipbuilding conglomerate HD Hyundai Group has joined South Korea’s elite club of conglomerates with a market capitalization exce...
May 28, 2025 (Gmt+09:00)
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Real estate
Cushman & Wakefield, Avison Young to lead Orange Center sale in Seoul
Cushman & Wakefield and Avison Young have been appointed to oversee the sale of Orange Center, a prime office tower in Seoul’s central bus...
May 28, 2025 (Gmt+09:00)
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Korean food
Bold food tech R&D fuels global rise of Korean cuisine
South Korea’s processed food exports are expected to reach 6 trillion won ($4.4 billion) this year after Korean food companies have aggressive...
May 26, 2025 (Gmt+09:00)
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Asset management
Mirae Asset Global Investments’ AUM tops $288 bn as global push pays off
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...
May 21, 2025 (Gmt+09:00)
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Machinery
Hyundai Rotem lands $301 mn Taiwan driverless train deal
Hyundai Rotem Co. has won a 420 billion won ($301 million) order to build autonomous electric trains for Taiwan’s Taichung Metro, adding to a ...
May 16, 2025 (Gmt+09:00)
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Aerospace & Defense
Hanwha's 'Sea Ghost' makes waves as Greece eyes unmanned naval tech
GEOJE, South Korea – Under a slate-grey sky at the quiet port of Jangmok on South Korea’s southern coast, a sleek, 12-meter vessel slipp...
May 14, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Samsung bets on data center HVAC with $1.7 bn FläktGroup acquisition
Samsung Electronics Co. on Wednesday announced the acquisition of FläktGroup, a German manufacturer of heating, ventilation and air conditionin...
May 14, 2025 (Gmt+09:00)
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Rights offerings
POSCO Future M to raise $771 million to bolster battery materials business
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 a...
May 13, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Soon for sale: Altos Ventures-backed Cafe Knotted operator
Silicon Valley-based Altos Ventures-backed Good Food For Good (GFFG), operator of South Korea’s popular dessert cafe, Cafe Knotted, will likel...
May 07, 2025 (Gmt+09:00)
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Automobiles
BMW surpasses Mercedes in Korean sales for 1st time in 10 years
The top five imported car brands in South Korea underwent a major shake-up last year. BMW overtook Mercedes-Benz in sales for the first time in a de...
May 02, 2025 (Gmt+09:00)
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Business & Politics
Seoul mulls joint review of Alaska LNG project with Japan, Taiwan, Vietnam
South Korea has proposed forming a consortium with Japan, Taiwan and Vietnam to jointly assess the feasibility of investing in the $45 billion Alask...
Apr 27, 2025 (Gmt+09:00)
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Batteries
SK On seals $2.8 bn battery deal with Bezos-backed US EV start-up Slate
SK On Co., the battery subsidiary of South Korea’s energy conglomerate SK Group, has signed a supply agreement worth an estimated 4 trillion w...
Apr 25, 2025 (Gmt+09:00)
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Markets
Kakao shares sink on SK Telecom’s stake sell-off news
Kakao Corp. shares underperformed its peers and the broad market on Friday after SK Telecom Co. sold off its entire stake in the South Korean platfo...
Apr 25, 2025 (Gmt+09:00)
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Earnings
KB Financial logs 61% profit growth, rebounding from ELS fiasco
KB Financial Group Inc. on Thursday reported a 61% jump in first-quarter profit, led by a nearly threefold rise in earnings at its flagship unit Koo...
Apr 24, 2025 (Gmt+09:00)
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Central bank
BOK stands pat; rate cut likely within 3 months as economic growth slows
The Bank of Korea (BOK) left its benchmark interest rate unchanged at 2.75% on Thursday, with Governor Rhee Chang-yong warning that a surge in globa...
Apr 17, 2025 (Gmt+09:00)
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Economy
South Korea to boost aid for chipmakers to $23 billion, expanding extra budget
South Korea’s government is planning to increase support for chip makers to around $23 billion, proposing a bigger-than-expected supplementary...
Apr 16, 2025 (Gmt+09:00)
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Asset management
Mirae Asset’s default option retirement funds top $700 mn in assets
Mirae Asset Global Investments Co. now manages over one-third of South Korea’s default-option retirement funds, with the assets it operates un...
Apr 15, 2025 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace slashes planned rights offering size to $1.6 billion
Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 tril...
Apr 08, 2025 (Gmt+09:00)
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Korean stock market
South Korean stocks, currency dive amid deeper US tariff turmoil
The South Korean stock market logged its biggest daily loss of more than 5% in eight months on Monday, joining its Asian peers bruised by panic sell...
Apr 07, 2025 (Gmt+09:00)
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Bio & Pharma
ABL Bio lands $2.8 billion license-out deal with GSK
ABL Bio Inc., a South Korean biotech company, will license out its proprietary blood-brain barrier shuttle platform, called the Grabody-B, to UK-bas...
Apr 07, 2025 (Gmt+09:00)
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Mergers & Acquisitions
IMM consortium owns 100% of Hyundai LNG Shipping; Stake sale eyed
A consortium of IMM Private Equity Inc. and IMM Investment Corp. has secured full ownership of Hyundai LNG Shipping, South Korea’s top liquefi...
Apr 07, 2025 (Gmt+09:00)
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League table
UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte
UBS Group AG, the frontrunner in South Korea's M&A market last year, retained the top position in the country's buyout advisory market in the fi...
Apr 02, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. acquires SK Specialty for $1.8 billion
Hahn & Co., South Korea’s largest private equity firm, has finalized the acquisition of SK Specialty Co., the world’s leading produc...
Apr 01, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor to invest $21 billion in US amid tariff concerns
South Korean auto behemoth Hyundai Motor Group will invest $21 billion to expand its manufacturing in the US, which could provide Hyundai and its ho...
Mar 25, 2025 (Gmt+09:00)
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Real estate
Shinhan REITs picked as sole bidder for BNK Digital Tower
Shinhan REITs Management is expected to acquire BNK Digital Tower, an office building in the affluent neighborhood of Gangnam in southern Seoul, aft...
Mar 21, 2025 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace plans record $2.5 bn rights offering for plant expansion
Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through ...
Mar 20, 2025 (Gmt+09:00)
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Batteries
SK On to supply 100 GWh of EV batteries to Nissan
SK On Co. has landed a deal to supply nearly 100 gigawatt hours (GWh) of electric vehicle batteries to Japanese carmaker Nissan Motor Co., which cou...
Mar 20, 2025 (Gmt+09:00)
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Business & Politics
S.Korea wary of inclusion on US ‘Dirty 15’ nations list for reciprocal tariffs
WASHINGTON, D.C. – The US government plans to unveil country-specific reciprocal tariffs on April 2, with particular attention to nations impo...
Mar 19, 2025 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet