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Scope
Date
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Real estate
Korea’s KFCC likely to see loss from London-based office investment
South Korea’s Vestas Investment Management Co. is slated to sell off a London-based office tower as the property value has plunged due to rate...
Jul 26, 2023 (Gmt+09:00)
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K-pop
Boy group Seventeen’s ‘Rock with You’ video hits 100 mn views
Seventeen's "Rock with You" music video has surpassed 100 million views on YouTube, the group's agency PLEDIS Entertainment announced on Wednesday.T...
Jul 26, 2023 (Gmt+09:00)
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Batteries
POSCO Future M spurs single-crystal cathode production
GWANGYANG – POSCO Future M Co., the battery materials unit under South Korean steel giant POSCO Holdings Inc., is spurring production of singl...
Jul 23, 2023 (Gmt+09:00)
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Banking & Finance
Shinhan Bank's Chinese corporation issues $69 million in yuan bonds
The Chinese corporation of South Korea’s Shinhan Bank on Thursday said it issued 500 million yuan ($69.6 million) in bonds, a first in China b...
Jul 21, 2023 (Gmt+09:00)
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Steel
POSCO Holdings posts operating profit of $790 million in Q1
South Korea's POSCO Holdings Inc. has returned to the level of 1 trillion won ($790.5 million) in quarterly operating profit after a year and sales ...
Jul 19, 2023 (Gmt+09:00)
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Shareholder activism
S.Korea files to revoke PCA ruling in favor of Elliott
South Korea has decided to challenge an international arbitration tribunal’s decision a month ago ordering the Korean government to compensate...
Jul 18, 2023 (Gmt+09:00)
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Batteries
Lotte Materials invests in French silicon cathode materials startup
Lotte Energy Materials Corp., formerly Iljin Materials and now a copper foil manufacturing subsidiary of South Korea's Lotte Chemical Corp., on Sund...
Jul 17, 2023 (Gmt+09:00)
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Automobiles
Kia vows to take 10% of Indian market after 1 million car output
In celebration of producing 1 million cars from its Indian plant, Kia Corp. has vowed to command 10% of the Indian car market with more diverse mode...
Jul 14, 2023 (Gmt+09:00)
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Electric vehicles
Everon attracts $39 mn thanks to hot VC demand for EV charging
Everon, one of South Korea’s top three electric vehicle charging infrastructure and management service providers, raised 50 billion won ($39 m...
Jul 13, 2023 (Gmt+09:00)
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Private equity
NPS commits $163 mn to Macquarie's sixth Korean buyout fund
Macquarie Asset Management is aiming to close its sixth buyout fund in South Korea at a maximum of 1 trillion won ($775.6 million) by the first ha...
Jul 12, 2023 (Gmt+09:00)
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Future mobility
SM Entertainment founder invests in Chinese drone maker
Lee Soo-man, founder and former executive producer of South Korea's SM Entertainment Co., has reportedly made a huge investment in the Chinese self-...
Jul 12, 2023 (Gmt+09:00)
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Chemical Industry
S.Korea’s SKC seeks to sell fine ceramic business for $307 mn
SKC Ltd., a South Korean chemicals maker, is seeking to sell its fine ceramic business for an estimated 400 billion won ($307 million) as the unit o...
Jul 10, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SKC acquires 45% stake in chip test firm ISC for $400 million
SKC Ltd., a South Korean chemical materials company, said on Friday it has acquired a 45% stake in semiconductor test equipment maker ISC Co., for 5...
Jul 07, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean mulls large investments in warship facilities
Hanwha Ocean Co., the world’s fourth-largest shipbuilder, is considering large investments in new facilities to manufacture warships as the co...
Jul 06, 2023 (Gmt+09:00)
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Corporate investment
SK Square, SK Hynix set up $77 million chip investment unit
SK Square Co. and SK Hynix Inc., together with two other South Korean companies, have launched a 100 billion won ($77 million) joint investment unit...
Jul 04, 2023 (Gmt+09:00)
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Pension funds
NPS taps Macquarie, IMM, Hahn & Co. as private equity managers
The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, said on Friday it has hired Macquarie Asset Managem...
Jun 30, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s SK to buy US bio JV stake from Roivant for $48 mn
SK Group, South Korea’s second-largest conglomerate, is set to purchase the entire stake in a US bio joint venture held by its partner, as the...
Jun 30, 2023 (Gmt+09:00)
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Travel & Leisure
Japan sends most tourists to S.Korea in May: tourism body
Most visitors to South Korea last month were from Japan. The Korea Tourism Organization on Thursday said its tourism data found that the number...
Jun 29, 2023 (Gmt+09:00)
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Energy
POSCO Int'l, CIP tie up for Korean offshore wind project
POSCO International, the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., has joined hands with C...
Jun 27, 2023 (Gmt+09:00)
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Culture & Trends
S.Korean content biz event in Indonesia targets SE Asian consumers
An export conference for South Korean content this week in Jakarta, Indonesia, targeted the Southeast Asian market's population of 600 million.The I...
Jun 23, 2023 (Gmt+09:00)
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Batteries
POSCO, CNGR to build $1.2 bn battery materials plants in Korea
South Korea’s steel giant POSCO Group and China’s CNGR Advanced Material Co. have agreed to spend 1.5 trillion won ($1.2 billion) on sec...
Jun 21, 2023 (Gmt+09:00)
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Rights offerings
CJ CGV seeks more fund from parent, stocks at 15-yr low
Shares of CJ CGV Co., South Korea’s top multiplex cinema chain, hit the lowest level since the 2008-09 global financial crisis on Wednesday as...
Jun 21, 2023 (Gmt+09:00)
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Shareholder activism
Tribunal partially accepts Elliott’s claims over Samsung merger
The International Center for Settlement of Investment Disputes (ICSID) on Tuesday ruled in favor of US-based hedge fund Elliott Investment Managemen...
Jun 20, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Motor Way: New strategy to accelerate EV push
South Korea’s top automaker Hyundai Motor Group on Tuesday set out its vision to become a top-tier eco-friendly auto brand by accelerating its...
Jun 20, 2023 (Gmt+09:00)
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Travel & Leisure
Yanolja looks to triple foreign visitors to Korea with K-culture tours
South Korea’s top travel and accommodation platform Yanolja Co. aims to nearly treble the number of foreign tourists to the country through it...
Jun 20, 2023 (Gmt+09:00)
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Entertainment
Pinkfong’s Bebefinn surpasses 10 million subscribers in 14 months
The Pinkfong Company's "Bebefinn" YouTube channel has surpassed 10 million subscribers. The Pinkfong Company, popularly known for its "Baby Shark" c...
Jun 20, 2023 (Gmt+09:00)
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Real estate
Samsung SDS HQ sale likely to be Korea's biggest real estate deal of 2023
The sale of Seoul-based Samsung SDS Co. headquarters, which is likely to become South Korea's largest real estate market deal of 2023, is predicted ...
Jun 19, 2023 (Gmt+09:00)
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Machinery
Hanwha Solutions to form industrial complex for chips, auto parts
South Korea's energy service, petrochemical and real estate development company Hanwha Solutions Corp. will build H-Techno Valley, an industrial com...
Jun 19, 2023 (Gmt+09:00)
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Pension funds
GEPS taps Apollo, EQT, Warburg for buyout, growth equity
South Korea’s Government Employees Pension Service (GEPS) selected Apollo Global Management, Warburg Pincus and Sweden-based EQT Partners as i...
Jun 15, 2023 (Gmt+09:00)
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Corporate bonds
Hyundai Group chief calls on PE firm help to defend against Schindler
South Korea’s conglomerate Hyundai Group Chairwoman Hyun Jeong-eun is seeking money from a local private equity firm to defend the management ...
Jun 14, 2023 (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