China International Capital Corp
Scope
Date
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Batteries
S.Korea's Lithium Plus succeeds in mass-producing lithium hydroxide
Lithium Plus, the S.Korean lithium materials company, said on Wednesday that it has succeeded in mass-producing battery-grade ultra-high-purity lith...
Dec 21, 2022 (Gmt+09:00)
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Airlines
Foreign airlines gnaw at Korean LCCs on international flight routes
South Korea’s budget airlines are facing growing competition with foreign carriers on profitable international routes with the reopening of ai...
Dec 20, 2022 (Gmt+09:00)
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Airlines
Air Busan to resume Busan-Vientiane flights after 3-year hiatus
Air Busan Co. recently expanded the number of flights on its Japan routes and continues to resume flights on its Southeast Asian routes. It will now...
Dec 19, 2022 (Gmt+09:00)
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Chemical Industry
S.Korea rules dumping of polyamide film by China, Thailand, Indonesia
The South Korean government has issued a ruling on the dumping of polyamide film from China, Thailand and Indonesia and aluminum hydroxide from Chin...
Dec 16, 2022 (Gmt+09:00)
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Bio & Pharma
LG Chem in $95.5 million drug out-licensing deal with China’s Innovent
LG Chem Life Sciences, the biopharmaceutical unit of LG Chem Ltd., and China’s biotech company Innovent Biologics have entered into a strategi...
Dec 15, 2022 (Gmt+09:00)
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Perspectives
China’s COVID reopening poses risks and opportunities
News that Beijing is finally scrapping its growth-killing “zero COVID” policy seems the equivalent of answered prayers for Asia. And it co...
Dec 15, 2022 (Gmt+09:00)
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Mergers & Acquisitions
LX International wins conditional approval to acquire HanGlas
The Korean Fair Trade Commission said on Monday that it had conditionally approved LX International Corp.'s bid to acquire Hankuk Glass Industries (...
Dec 13, 2022 (Gmt+09:00)
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IPOs
Bionote slashs IPO price to 9,000 won, 50% lower than previous valuation
Everybody is aware that investment fever on biotech firms has already cooled due to rising interest rates and concerns over the fizzling economy, an...
Dec 13, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor signs MOU with OECD's International Transport Forum
Hyundai Motor Co. joined hands with the International Transport Forum under the Organization for Economic Cooperation and Development to strengthen ...
Dec 09, 2022 (Gmt+09:00)
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Sovereign wealth funds
KIC buys stake in US credit asset manager Golub Capital
Korea Investment Corporation (KIC) has made its first direct investment in an asset management firm, the South Korean sovereign wealth fund said on ...
Dec 09, 2022 (Gmt+09:00)
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Advertising & Marketing
K League's campaign wins gold prize at International ad festival
The promotional video for the "Dribble-made Route" campaign produced by the Korea Professional Football Association (K League) in partnership with H...
Dec 09, 2022 (Gmt+09:00)
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Economy
Korea October current account surplus tumbles as exports slide
South Korea’s current account surplus plunged as exports fell for a second straight month, adding to concerns over a slowdown in Asia’s ...
Dec 09, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Baring PEA breaks $1 bn PI Advanced Materials buyout deal
Hong Kong-based Baring Private Equity Asia has broken a deal to buy a majority stake in the world’s largest polyimide film manufacturer PI Adv...
Dec 08, 2022 (Gmt+09:00)
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Korean startups
Korean hospitality startup Jienem enters Vietnam with local partners
Guesthouse accommodation service provider Jienem is revving up to enter the Vietnamese market.The South Korean startup announced Wednesday that it s...
Dec 07, 2022 (Gmt+09:00)
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Venture capital
Daol Financial Group to let go of VC affiliate, hit by liquidity crunch
The Daol Financial Group is widely expected to let go of its venture capital arm in the midst of a worsening liquidity crunch. The VC firm Daol...
Dec 06, 2022 (Gmt+09:00)
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Electronics
Taihan earns certification for extra-high voltage transmission cable
Taihan Cable & Solution said on Monday that it had completed the development of a 500-kV current cross-linked polyethylene extra-high voltage DC...
Dec 06, 2022 (Gmt+09:00)
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Banking & Finance
BNK Capital launches operations at Kyrgyzstan subsidiary
Korea's loan and financing company BNK Capital on Thursday said its subsidiary in Kyrgyzstan, MCC BNK Finance LLC, has launched operations as its si...
Dec 02, 2022 (Gmt+09:00)
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Food & Beverage
Daesang Welllife forms joint venture with Sinopharm Group
Daesang Welllife on Thursday said it has concluded a memorandum of understanding (MOU) with China Sinopharm International, an affiliate of China's l...
Dec 01, 2022 (Gmt+09:00)
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Automobiles
Nexen Tire and Design Council Busan join hands for futuristic models
Nexen Tire said on Thursday that it has developed three types of future concept tires, including "BTR," "Mearth," and "Nocturne," in collaboration...
Dec 01, 2022 (Gmt+09:00)
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ESG
SK Innovation to adopt internal carbon pricing system
SK Innovation Co. on Sunday announced its adoption this year of an "internal carbon pricing system" recently approved by its board of directors. Th...
Nov 28, 2022 (Gmt+09:00)
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Korean startups
Fintech co. Awake Corp. provides financial management tool to creators
South Korean fintech startup Awake Corporation won the hearts and wallets of judges at the D.Day X D.Camp event on Thursday, garnering 20 million wo...
Nov 25, 2022 (Gmt+09:00)
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Batteries
SK On, EcoPro, China’s GEM to build battery materials plant in Indonesia
SK On Co., a South Korean electric vehicle (EV) battery maker, has joined forces with two energy materials companies to build a nickel intermediate ...
Nov 25, 2022 (Gmt+09:00)
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Corporate investment
Korea Zinc exchanges treasury shares with LG Chem, Hanwha Corp.
Korea Zinc Co. will exchange part of its treasury shares with those of LG Chem Ltd. and Hanwha Corp. in a move seen to strengthen the secondary batt...
Nov 24, 2022 (Gmt+09:00)
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Korean startups
Korean universities lag international peers in nurturing entrepreneurs
The prestigious Seoul National University was the only university in South Korea to rank among the top 100 universities in terms of producing futu...
Nov 23, 2022 (Gmt+09:00)
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Korean startups
Medical data platform operator JNPMEDI raises $10 mn in Series A funding
Medical data platform operator JNPMEDI Inc. announced on Tuesday that it raised 14 billion won ($10.3 million) in a Series A round. Pavilion Ca...
Nov 22, 2022 (Gmt+09:00)
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Hydrogen economy
Doosan Fuel Cell expands exports with China deal
South Korea's Doosan Fuel Cell on Monday said it has signed an export contract worth 346.9 billion won($255 million) to supply large-scale versions ...
Nov 21, 2022 (Gmt+09:00)
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Economy
Seoul more expensive than Tokyo for expats due to high real estate costs
TOKYO — The monthly rent of a commercial building in Seoul has surpassed that of Tokyo for the first time.The rent for an office building in t...
Nov 20, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Eugene Group, Stonebridge Capital mull logistics firm Mesh acquisition
South Korean conglomerate Eugene Group, one of the largest construction materials suppliers in the country, is planning to acquire local logistics c...
Nov 17, 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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Automobiles
Kia mulls investing $754 mn in China instead of Russia
Kia Corp., South Korea’s second-largest carmaker, is considering an investment of $754 million, which had been set aside for Russia, in China ...
Nov 16, 2022 (Gmt+09:00)
Latest News
- 1 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 2 S.Korea’s No.1 dried seaweed firm Kwangcheonkim up for sale for $295 mn
- 3 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 4 S.Korea eases path for foreign REITs in senior housing push
- 5 Koramco targets $7 bn bets on Korea data centers