EV thermal management test center
Scope
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Venture capital
Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet
Naver Ventures, the first dedicated Silicon Valley venture capital arm of Naver Corp., has made its debut investment in Nvidia Corp.-backed TwelveLa...
22 HOURS AGO
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Shareholder activism
Proxy voting rises in South Korea, but few vetoes cast
An increasing number of asset management firms in South Korea are more frequently exercising their voting rights at portfolio companies. Nevertheles...
Jun 05, 2025 (Gmt+09:00)
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Infrastructure
Korea Post to commit $150 mn to mid-cap infrastructure funds
Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency sai...
May 30, 2025 (Gmt+09:00)
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Real estate
Cushman & Wakefield, Avison Young to lead Orange Center sale in Seoul
Cushman & Wakefield and Avison Young have been appointed to oversee the sale of Orange Center, a prime office tower in Seoul’s central bus...
May 28, 2025 (Gmt+09:00)
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ASK 2025
Rental housing gains appeal amid supply crunch: asset managers
The rental housing markets in the US, Europe and Australia present attractive investment opportunities as persistent supply shortages and rising urb...
May 28, 2025 (Gmt+09:00)
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Artificial intelligence
OpenAI sets up entity in Korea with most paid ChatGPT users outside US
OpenAI Inc., the creator of generative AI ChatGPT, has established a legal entity in South Korea, which has the largest number of paying ChatGPT sub...
May 26, 2025 (Gmt+09:00)
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Artificial intelligence
LG CNS, Cohere co-develop Korean-specific agentic AI
LG CNS Co., the information technology services arm of South Korea’s LG Group, has unveiled a lightweight Korean-specific large language model...
May 26, 2025 (Gmt+09:00)
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Asset management
Mirae Asset Global Investments’ AUM tops $288 bn as global push pays off
Mirae Asset Global Investments Co. now manages more than 400 trillion won ($288 billion) in assets for the first time since its first global venture...
May 21, 2025 (Gmt+09:00)
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ASK 2025
KIC bets on Asian real estate; eyes residential, data centers
The Korea Investment Corporation (KIC) is zeroing in on Asia’s real estate market by region, while targeting residential facilities and data c...
May 21, 2025 (Gmt+09:00)
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Upcoming IPOs
UK chip testing device maker TeraView seeks Kosdaq debut
TeraView Ltd., a UK semiconductor inspection device maker, is aiming to list on South Korea’s Kosdaq market in the second half of this year, i...
May 16, 2025 (Gmt+09:00)
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Real estate
Greystar hires ex-Samsung SRA manager to launch Seoul office
Greystar Real Estate Partners, the largest housing investment firm in the US, has hired Kang Junghwan, former managing director and head of portfoli...
May 16, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Samsung bets on data center HVAC with $1.7 bn FläktGroup acquisition
Samsung Electronics Co. on Wednesday announced the acquisition of FläktGroup, a German manufacturer of heating, ventilation and air conditionin...
May 14, 2025 (Gmt+09:00)
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Electric vehicles
BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea
China’s BYD Co. has dethroned Tesla Inc. in South Korea with its compact sport utility vehicle, the BYD Atto 3, becoming the best-selling impo...
May 09, 2025 (Gmt+09:00)
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Pension funds
NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has yet to decide on a plan to select local extern...
May 02, 2025 (Gmt+09:00)
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Automobiles
BMW surpasses Mercedes in Korean sales for 1st time in 10 years
The top five imported car brands in South Korea underwent a major shake-up last year. BMW overtook Mercedes-Benz in sales for the first time in a de...
May 02, 2025 (Gmt+09:00)
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Business & Politics
US tariffs add risk premium to dollar assets: Maurice Obstfeld
WASHINGTON, D.C. – The US tariff increases are adding risk premiums to dollar-denominated assets, undermining the dollar’s role as a glo...
Apr 29, 2025 (Gmt+09:00)
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Earnings
S.Korea’s top 4 financial holding firms cheer upbeat Q1 results
South Korea’s top four financial holding companies – Shinhan, KB, Hana and Woori – reported stellar earnings for the first quarter...
Apr 25, 2025 (Gmt+09:00)
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Batteries
SK On seals $2.8 bn battery deal with Bezos-backed US EV start-up Slate
SK On Co., the battery subsidiary of South Korea’s energy conglomerate SK Group, has signed a supply agreement worth an estimated 4 trillion w...
Apr 25, 2025 (Gmt+09:00)
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E-commerce
JD.com opens Korean logistics centers, preluding C-commerce invasion
JD.com, often dubbed China’s answer to Amazon.com, has opened its own logistics centers in South Korea, becoming the first Chinese e-commerce ...
Apr 24, 2025 (Gmt+09:00)
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Alternative investments
Meritz backs half of ex-manager’s $210 mn hedge fund
Meritz Financial Group Inc., one of South Korea’s most aggressive alternative asset managers, has committed 150 billion won ($105 million) to ...
Apr 23, 2025 (Gmt+09:00)
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Mergers & Acquisitions
DB Insurance becomes Daol Investment’s No.2 shareholder
DB Insurance Co., a leading South Korean non-life insurance company, has become Daol Investment & Securities Co.'s second-largest shareholder af...
Apr 22, 2025 (Gmt+09:00)
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Batteries
Samsung SDI, Hanwha Ocean to usher in battery-driven submarine era
Hanwha Ocean Co. and Samsung SDI Co. will start evaluating their jointly developed lithium-ion battery system for a submarine with South Korea&rsquo...
Apr 21, 2025 (Gmt+09:00)
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Automobiles
Hyundai to launch 42 new cars to cope with Trump tariffs, EV slowdown
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope...
Apr 20, 2025 (Gmt+09:00)
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Automobiles
Kia EV3 named 2025 World Car of the Year; Hyundai Inster wins EV award
NEW YORK – Hyundai Motor Group, the world’s third-largest automaker, snagged top trophies for its low-cost electric vehicles at the 2025...
Apr 17, 2025 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS breaks into US smart city market
LG CNS Co., the information technology service unit of South Korea’s LG Group, has won its first public-sector smart city contracts in the US,...
Apr 17, 2025 (Gmt+09:00)
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Real estate
Mirae, Koramco, Hana shortlisted for Korea Post’s core real estate fund
Mirae Asset Global Investments Co., Koramco REITs Management and Trust Co. and Hana Alternative Asset Management Co. were shortlisted for the mandat...
Apr 14, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc faces multiple legal, regulatory challenges in fight against MBK
Korea Zinc Inc. Chairman Choi Yun-birm appears to have kept his grip on the world’s largest zinc smelter after successfully fending off an MBK...
Apr 04, 2025 (Gmt+09:00)
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Alternative investments
Korean financial firms face growing risks in overseas property investments
South Korea’s financial institutions are increasingly at risk of their overseas real estate investments turning sour, government data showed o...
Apr 04, 2025 (Gmt+09:00)
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Real estate
Warburg Pincus-Wide Creek Asset JV picks up 2nd Korean logistics asset
US private equity firm Warburg Pincus LLC and South Korean real estate manager Wide Creek Asset Management Co. are building a logistics center for l...
Mar 26, 2025 (Gmt+09:00)
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Banking & Finance
Hana Asset Management to merge with Hana Alternative Asset
Hana Financial Group, the parent of Hana Bank and Hana Securities Co, will merge its two asset management arms to bolster its non-banking services, ...
Mar 24, 2025 (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