AIM Global
Scope
Date
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Pension funds
NPS shortlists 6 candidates for chief investment officer opening
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund managing 896.6 trillion won ($690.5 billion) as of end-S...
Dec 01, 2022 (Gmt+09:00)
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Cloud computing
Samsung Electronics acquires two global cloud security certifications
Samsung Electronics Co. acquired two international certificates regarding cloud security, ISO 27001 and ISO 27017.South Korea's electronics giant an...
Dec 01, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung Foundry: Driving force behind digital transformation
As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...
Dec 01, 2022 (Gmt+09:00)
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Capital raising
SK On attracts $1 billion in investment
SK On, the electric battery affiliate of Korea's petroleum, alternative energy and oil exploration corporation SK Innovation, has secured 1.3 trilli...
Dec 01, 2022 (Gmt+09:00)
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Batteries
Enchem to more than double electrolyte production in US
South Korea’s electrolyte maker Enchem Co. said Monday it aims to expand its annual production capacity in the US to 300,000 tons by 2026 to m...
Nov 28, 2022 (Gmt+09:00)
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Energy
S.Korea to cut coal's share of energy usage to under 20% by 2030
The draft of the Korean government's 10th Basic Plan for Electricity Supply and Demand contains a clause on reducing coal generation's share of nati...
Nov 25, 2022 (Gmt+09:00)
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Central bank
BOK takes 25-bp rate hike as won rebounds against dollar
South Korea’s central bank raised the base interest rate by 25 basis points to 3.25% during its monetary policy board meeting on Nov. 24, slow...
Nov 24, 2022 (Gmt+09:00)
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Chemical Industry
Polysilicon maker OCI to spin off its major chemical units
OCI Co., South Korea’s lone polysilicon producer, is set to spin off its chemical units and transform itself into a holding company.On Wednesd...
Nov 23, 2022 (Gmt+09:00)
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Korean chipmakers
Samsung to make 3 nm chips for Nvidia, Qualcomm, IBM, Baidu
Samsung Electronics Co., the world’s largest memory chipmaker, will make semiconductors with the industry’s most advanced 3-nanometer pr...
Nov 22, 2022 (Gmt+09:00)
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Energy
SK, Doosan to launch hybrid EV fuel cell charging stations
South Korea’s SK Energy Co., refiner giant SK Innovation Co.’s petroleum production subsidiary, said on Tuesday it will join forces with...
Nov 22, 2022 (Gmt+09:00)
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ESG
South Korea aims to build world’s 6th inland base in the Antarctic
The South Korean government announced on Monday that it will build the world’s sixth inland base in the Antarctic by 2030. The Ministry o...
Nov 22, 2022 (Gmt+09:00)
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Automobiles
GM Korea to shut one production line to focus on small cars
General Motors Co. plans to shut down a production line in South Korea as the US automaking giant aims to focus on manufacturing small cars in the c...
Nov 22, 2022 (Gmt+09:00)
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Batteries
LG Chem to build $3.2 billion US cathode plant in Tennessee
LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it is building a $3.2 billion cathode plant in Tennessee, its first facto...
Nov 22, 2022 (Gmt+09:00)
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Automobiles
Motional expects profit structure improved by 2025
Motional, the US-based self-driving joint venture of South Korea's Hyundai Motor Group, said it expects Motional's profit structure to improve by 20...
Nov 22, 2022 (Gmt+09:00)
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Korean startups
D.Day X D.Camp All Star event aims to narrow gap between VC and startup
Come this Thursday, D.Camp operated by the Banks Foundation for Young Entrepreneurs will host the biggest demo day of the year, in collaboration wit...
Nov 21, 2022 (Gmt+09:00)
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Cryptocurrencies
FTX implosion disrupts interest issuance by GOPAX product
The implosion of the Bahamas-based crypto exchange FTX is causing ripple effects around the world, and South Korea is no exception.Seoul-based cry...
Nov 17, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis joins hands with Lion Group to move into Malaysian logistics market (edited)
Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...
Nov 17, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis, Malaysia’s Lion Group to enter ASEAN logistics market
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Wednesday it has signed an initial agreement with Malaysi...
Nov 16, 2022 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang rebrands porridge line as Hetbahn Soft Meal
CJ CheilJedang Corp. announced Wednesday it has changed the name of its line of porridge products from Bibigo Jook to Hetbahn Soft Meal. CJ Het...
Nov 16, 2022 (Gmt+09:00)
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IPOs
Miniforce producer aims to become Asia's top children's platform with IPO
The South Korean producer of famous animated series such as Miniforce aims to become Asia’s top children's platform by way of an initial publi...
Nov 15, 2022 (Gmt+09:00)
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Travel & Leisure
Yanolja to expand overseas business with global partner
South Korea's tourism platform Yanolja is expanding its overseas air and travel operations.Yanolja Cloud, an artificial intelligence-based software ...
Nov 15, 2022 (Gmt+09:00)
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Perspectives
Why the global economy needs BOK’s Rhee to stand firm
Rhee Chang-yong could be excused for never wanting to hear the word 'Legoland' again.The Bank of Korea governor spent the first six months of his tenu...
Nov 15, 2022 (Gmt+09:00)
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Future mobility
Hyundai Motor, Indonesia to jointly enter ASEAN air mobility market
South Korea’s top automaker Hyundai Motor Group and Indonesia’s Nusantara Capital City Authority have agreed to jointly enter the Southe...
Nov 14, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis signs $796 million shipping deal with global automaker
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it has clinched a 1.05 trillion won ($796 million)...
Nov 11, 2022 (Gmt+09:00)
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Construction
Korean construction firms boost Saudi Arabia presence with megaprojects
RIYADH – South Korean firms are accelerating their efforts to win construction projects from Saudi Arabia as the Middle East’s largest e...
Nov 11, 2022 (Gmt+09:00)
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Tech, Media & Telecom
SK Tel aims for $723 mn in subscription service transaction volume
SK Telecom Co. plans to reach 1 trillion won ($723 million) in transaction volume for subscription services such as its new T Universe. The Sou...
Nov 10, 2022 (Gmt+09:00)
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Tech, Media & Telecom
KT to invest $2 million in US voice biomarker developer
KT Corp., a South Korean telecommunications giant, plans to invest $2 million in Sonde Health Inc., a US voice biomarker developer, to enhance the c...
Nov 10, 2022 (Gmt+09:00)
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Earnings
Lotte Chemical posts deficit for second straight quarter
Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis in the third quarter...
Nov 09, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Korea's SKT aims for $32 bn in corporate value via AI tech by 2026
South Korea’s top mobile carrier SK Telecom Co. is aiming to quadruple its corporate value, currently around 11 trillion won ($7.9 billion), b...
Nov 08, 2022 (Gmt+09:00)
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Economy
Falling Korea current account surplus heightens economic woes
South Korea’s current account surplus has shrunk on falling exports, adding to concerns over a slowdown in Asia’s fourth-largest economy...
Nov 08, 2022 (Gmt+09:00)
Latest News
- 1 JLL, Savills to lead Seoul Square sale in $1 bn deal
- 2 Partners Group sees infrastructure secondaries quadrupling to $60 bn
- 3 MBK-invested Homeplus looks for new owner as M&A emerges as option
- 4 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 5 S.Korea’s No.1 dried seaweed firm Kwangcheonkim on market for $295 mn