SoftBank Ventures invests in fashion app targeting middle-aged women

South Korea-based Queenit, a fashion mobile platform targeting middle-aged women, has secured around 5.5 billion won ($5 million) from a pool of hig...

LG Chem to invest $134 mn in incubator fund for firms with ESG tech

LG Chem Ltd., South Korea’s leading chemical and battery maker, said on Tuesday it is investing 150 billion won ($134 million) in an incubator...

Korean investors in renewed push for global property deals

South Korea's IGIS Asset Management Co. and Hana Financial Investment Co. have acquired a 49% stake in the headquarters of the US mortgage lender Fa...

Howard Marks to talk about post-pandemic investments

Veteran value investor Howard Marks, Oaktree Capital Management co-founder and co-chairman, will give a keynote speech on the topic of "Investing in t...

LG Electronics, Mirae Asset to launch $90 mn fund to invest in startups

South Korea’s LG Electronics Inc. and Mirae Asset Group have agreed to launch a 100 billion won ($90 million) joint venture-capital fund to he...

Team Fresh secures $6 mn via stake sale to DSC Investment

South Korea-based venture capital firm DSC Investment announced on Apr. 27 that it has acquired a 6.5% stake, valued at around 6.5 billion won ($5.8...

Second-tier chipmakers ramp up investments amid chip shortage

Second-tier chipmakers have been ramping up investment to boost their footing in the industry as they expect chip demand to gradually increase in li...

SK expands EV profile with Signet EV acquisition, Polestar investment

SK Group will enter the fast-growing electric vehicle (EV) charger market by acquiring a majority stake in South Korea’s industrial charger ...

POSCO to build S.Korea’s first lithium plant by 2023

South Korea’s leading steelmaker POSCO will build the country’s first lithium extraction factory in Gwangyang, 300 km south of Seoul, al...

Samsung walks tightrope on US investment; invited to White House talks

Samsung Electronics Co., the only South Korean company invited to a special White House meeting on the global semiconductor shortage, is likely to f...

Iyuno-SDI Group raises $160 mn follow-on investment from SoftBank

Iyuno-SDI Group, a South Korean content localization firm, has received $160 million in funding from SoftBank Vision Fund 2, a follow-on investment ...

Naver invests $150 million in Indonesia’s No.1 media group Emtek

South Korea’s online platform giant Naver Corp. has invested $150 million in Elang Mahkota Teknologi (Emtek), Indonesia’s largest techno...

SK Group eyes jackpot from investment in battery maker SES

South Korea’s SK Group is expected to pocket at least a tenfold return from its investment in electric vehicle battery startup SES as the batt...

BOK to stop investing in low ESG scorers

South Korea’s central bank will exclude companies with low ESG ratings from its portfolio of foreign currency assets. The Bank of Korea has de...

SK E&S to invest $1.4 bn in Australia LNG project

SK E&S Co. will invest $1.4 billion in a gas field development project offshore northern Australia that had been postponed due to the global pan...

Korean military fund to double average investment size

South Korea’s Military Mutual Aid Association (MMAA) intends to nearly double its average investment size to 100 billion won ($88 million) as ...

Nexon invests $874 mn in Hasbro, Japan’s game giants

South Korea’s Nexon Co. has disclosed investments in the global entertainment sector made last year, totaling $874 million or 58% of the amoun...

Hanwha seeks to acquire Overair; invest in satellite, drone companies

Hanwha Systems Co., the defense and information technology service unit of Hanwha Group, is seeking to purchase the entire stake of US air taxi star...

Korea's global real estate fund investors brace for losses

The combined balance of overseas real estate investment funds sold in South Korea saw a drop in their net asset value below the original value by 40...

KT to bolster content creation with $350 mn investment by 2023

South Korea’s telecom giant KT Corp. plans to expand its content business with an investment of 400 billion won ($353 million) by 2023. The co...

KIC, Hyundai Heavy to co-invest $900 mn in growth firms

The sovereign wealth fund Korea Investment Corporation (KIC) will make co-investments worth up to 1 trillion won ($900 million) alongside the Hyunda...

NPS makes strategic investment in BC Partners with Blackstone

The National Pension Service has made an investment in BC Partners by acquiring a stake in the UK private equity firm through a Blackstone fund, acc...

Samsung says to overtake TSMC with efficient, right-time investment

Samsung Electronics Co. will make efficient and right-time investments to achieve economies of scale so that the world's largest memory chipmaker wi...

Hyundai Motor invests in Clearpath Robotics in push for future mobility

Hyundai Motor Co. has invested $5 million in Clearpath Robotics Inc., a Canada-based robotics startup, in a stepped-up push to transform into a comp...

LG Energy to invest over $4.5 bn to expand US battery facilities

LG Energy Solutions Ltd. announced on Friday that it will invest more than 5 trillion won ($4.5 billion) by 2025 to expand its US battery business, ...

Affirma, EastBridge to invest $350 mn in SK's mobility venture

  Affirma Capital and South Korea-based EastBridge Partners will invest a combined 400 billion won ($350 million) in SK Telecom Co.'s mobility...

S-Oil invests in fuel cell maker to enter hydrogen energy market

South Korea-based oil refiner S-Oil Corp. is readying to expand its business into the hydrogen energy sector by investing around 8.2 billion won ($7...

Seed investors shy from investing in early stage startups amid pandemic

Early stage startups are almost always risky ventures, promising but unprofitable, and far from market-ready – often making it challenging to ...

NPS beefs up investments in growth PEFs in 2020

The National Pension Service boosted investments in private equity deals involving high-growth internet and software companies last year, while dive...

Hyundai Heavy hires Korea Investment, 4 others as IPO managers

South Korean shipbuilder Hyundai Heavy Industries Co., which plans to list its shares on the local bourse this year, has mandated Korea Investment &...