Blackstone Credit Sustainable Resources Platform
Scope
Date
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Metaverse
LG Uplus unveils Yonsei Univ. Metaverse Campus
South Korea's LG Uplus Corp. announced on Tuesday that its university metaverse platform Uverse unveiled a dedicated metaverse campus called Meta Yo...
May 14, 2024 (Gmt+09:00)
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ESG
LX International joins UNGC
South Korean trading firm LX International Corp. announced on Tuesday that it joined the United Nations Global Compact (UNGC) to strengthen its envi...
May 14, 2024 (Gmt+09:00)
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Travel & Leisure
Chinese group tours to Korea poised for strong revival
Chinese group tours to South Korea are showing signs of a rebound, about 10 months since Beijing lifted its bans on Chinese group tours to Seoul las...
May 09, 2024 (Gmt+09:00)
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Retail
Shilla Duty Free to co-work with China's largest lifestyle info platforms
South Korea's Shilla Duty Free Shop announced on Thursday that it partnered with Meituan and Dazhong Dianping, China's largest travel and lifestyle ...
May 09, 2024 (Gmt+09:00)
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Markets
Korea to fine Credit Suisse, Nomura $40 mn on short sales
South Korea’s top financial regulator has recently notified Credit Suisse and Nomura Securities of a decision to fine them a combined 54.0 bil...
May 07, 2024 (Gmt+09:00)
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Mergers & Acquisitions
STIC Investments to sell Korea’s top mobile coupon platform
Seoul-based private equity firm STIC Investments is set to sell Coop Marketing, South Korea’s largest mobile coupon platform company that oper...
Apr 30, 2024 (Gmt+09:00)
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E-commerce
MBK to delist Korean e-commerce Connectwave after tender offer
MBK Partners, one of the largest Asian private equity firms, is set to delist South Korea’s leading e-commerce operator Connectwave Co. from t...
Apr 29, 2024 (Gmt+09:00)
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Corporate governance
Hanwha Vision joins UNGC
South Korea's Hanwha Vision Co. announced on Monday that it joined the United Nations Global Compact (UNGC), an international initiative for corpora...
Apr 29, 2024 (Gmt+09:00)
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Retail
Used goods platform Gugus shines in slowing luxury market
Gugus, South Korea’s largest online retailer of secondhand luxury goods, posted double-digit growth in revenue and transactions in the first q...
Apr 23, 2024 (Gmt+09:00)
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Banking & Finance
S.Korea’s IBK, Japan’s Mizuho Bank agree on $218-million committed line
South Korea’s state-run Industrial Bank of Korea (IBK) has agreed on a 300 billion won ($218 million) committed credit line with Japanese lead...
Apr 23, 2024 (Gmt+09:00)
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E-commerce
Alibaba eyes 1st investment in Korean e-commerce platform
China's Alibaba Group Holding Ltd. is likely to make its first investment in a South Korean online shopping platform as it aims to gain a competitiv...
Apr 22, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Blackstone signs over $1 bn deal with MBK for 1st exit in Korea
Private equity giant Blackstone Inc. is set to mark its first exit from South Korea by selling a 71.25% stake in the holding firm of Geo-Young Corp....
Apr 22, 2024 (Gmt+09:00)
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Robotics
Kakao Mobility to offer robot delivery service with LG
Kakao Mobility Corp., South Korea’s most popular ride-hailing app operator, will offer indoor robot delivery service with self-driving robots ...
Apr 22, 2024 (Gmt+09:00)
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REITs
Koramco, Fi-public to collaborate on mobile REIT investment
South Korea's Koramco REITs Management and Trust announced on Friday that it plans to launch a personal REIT investment service utilizing a mobile p...
Apr 19, 2024 (Gmt+09:00)
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Energy
HD Hyundai Oilbank kicks off biodiesel mass production
HD Hyundai Oilbank Co., South Korea’s refiner backed by Saudi Aramco, started mass production of biodiesel to expand its eco-friendly energy b...
Apr 18, 2024 (Gmt+09:00)
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Electronics
Samsung to deploy smart home services in Miami
Samsung Electronics Co. announced on Sunday that it will deploy smart home services in the Miami residential complex, Florida with the US-based re...
Apr 15, 2024 (Gmt+09:00)
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Carbon neutrality
Modetour, Air France-KLM strengthen SAF partnership
South Korea's travel agency Modetour Network Inc. announced on Thursday that it has extended its partnership with Air France-KLM to promote the use ...
Apr 11, 2024 (Gmt+09:00)
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Regulations
Carcinogens found in kids' goods sold on Chinese apps; Temu under probe
South Korea is looking into Chinese online shopping platforms as some products, including some for children, were found to contain cancer-causing su...
Apr 08, 2024 (Gmt+09:00)
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E-commerce
Coupang's PB SMEs in S.Korea triple in five years
Coupang Inc., South Korea's leading e-commerce platform, announced on Sunday that the number of small and medium-sized enterprise (SME) manufacturer...
Apr 08, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis releases button-type card smart key
South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts supplier, announced on Thursday that it released a thin car smart key ...
Apr 04, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom to launch metaverse platform in SE Asia
South Korea’s SK Telecom Co. announced on Thursday that it has signed a contract with CelcomDigi Berhad, the leading telecom company in Malays...
Apr 04, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Wavve to enter European, Oceanian OTT markets
South Korea's over-the-top (OTT) platform company Wavve announced on Wednesday that it plans to enter European and Oceanian OTT markets through it...
Apr 04, 2024 (Gmt+09:00)
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Fiber & Textile
Hyosung TNC to invest $1 bn in new bio-fiber plants in Vietnam
Hyosung TNC Corp., the world’s top spandex maker, plans to invest $1 billion in new bio-textile materials plants in Vietnam to accelerate its ...
Apr 03, 2024 (Gmt+09:00)
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Corporate bonds
Hyundai Motor regains AAA credit rating after 4 years
Hyundai Motor Co. regained its top AAA credit rating for the first time since the end of 2019.NICE Investors Service on Tuesday upgraded Hyundai Mot...
Apr 03, 2024 (Gmt+09:00)
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Real estate
Blackstone sells prime Seoul office building for $586 mn to Koramco
Blackstone Inc. completed selling off Arc Place, a prime office building located in Seoul's upscale Gangnam area, to Koramco REITs Management and Tr...
Apr 01, 2024 (Gmt+09:00)
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Retail
Hyundai Department launches Korean brands' global platform
Hyundai Department Store Co., South Korea’s major retail conglomerate, has launched “The Hyundai Global” platform dedicated to pro...
Apr 01, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hanmi’s planned merger with OCI scrapped as sons win family feud
Hanmi Pharmaceutical Group’s proposed merger with OCI Holdings Co. has collapsed after two sons of the group’s founding family, who oppo...
Mar 28, 2024 (Gmt+09:00)
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ESG
LG Electronics named Energy Star Partner of 2024
LG Electronics Inc. has been named 2024 Energy Star Partner of the Year and Sustained Excellence by the US Environmental Protection Agency (EPA) a...
Mar 27, 2024 (Gmt+09:00)
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Retail
E-Mart offers voluntary retirement after 2023 loss
E-Mart Inc., South Korea’s largest supermarket chain, has launched a company-wide early retirement program for the first time in its 31-year h...
Mar 25, 2024 (Gmt+09:00)
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Electronics
Samsung gets AWS platinum certification for water stewardship
Samsung Electronics Co. has been awarded the highest level of certification for water management by the Alliance for Water Stewardship (AWS), a le...
Mar 25, 2024 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess