GEPS taps Samsung Life's alternative investment head as CIO

Government Employees Pension Service (GEPS) of South Korea has named Baek Joo-hyun, former alternative investment head at Samsung Life Insurance Co....

Venture capital heavyweights tighten belts after 13-year spending spree

Venture capital firms at home and abroad are tightening their belts, following growing concerns over inflation and continued interest hikes by maj...

Samsung further expands global TV market share in Q1

Samsung Electronics Co. further expanded its market share in the global TV market in the first quarter of this year, while LG Electronics Inc. deliv...

Hanwha Systems joins hands with Italy's Leonardo for radar exports

South Korea’s Hanwha Systems Co. joined forces with Italy’s major defense maker Leonardo SpA on exports of advanced aircraft radars to i...

Hyundai Marine sees huge potential in global data centers

Hyundai Marine & Fire Insurance Co. of South Korea is seeking investment opportunities for distressed and special situation strategies with a se...

Former NPS real estate chief named Allianz RE's Asia head

Kim Hyun-soo, a former real estate investment head of South Korea's National Pension Service (NPS), has been named Asia head of Allianz Real Estate,...

Kakao to merge US webtoon, web novel platforms

South Korea’s Kakao Entertainment Co. is set to merge Tapas Media Inc. and Radish Fiction Inc., its webtoon and mobile novel platforms in Nort...

Volkswagen partner SoluM eyes top spot in global ESL market

SoluM Co., a South Korean mid-sized electronic component maker, is eyeing record performance this year, thanks to orders from Volkswagen AG and Elon...

Global experts to discuss alternative investment at ASK 2022

The Korea Economic Daily will host ASK 2022, or Alternative Investment Summit Korea 2022, at the Conrad Seoul hotel on May 18. More than 800 alterna...

Naver Webtoon to form JV with Japan’s TBS for original IP

Naver Webtoon Corp., the digital comics and novel platform of South Korea’s online portal giant Naver Corp., has agreed to set up a joint vent...

CJ ENM, Naver to launch drama studio joint venture in Japan

South Korean entertainment powerhouse CJ ENM Co. and online platform giant Naver Corp. are launching a drama production studio in Japan to tap into ...

SK Square taps NPS PE expert as global investment head

South Korea’s investment firm SK Square Co. announced on Thursday that it has chosen Harvey Hakjin Bae, a former alternative investment expert...

Samsung SDS takes smart logistics platform Cello Square to China

Samsung SDS Co., the information technology service unit of Samsung Group, is taking its smart logistics platform, Cello Square, to China to offer l...

S.Korean CEOs chase M&A targets in same industry

Some 72% of South Korea's chief executives surveyed by consulting firm EY intend to carry out M&As within the next 12 months to increase their m...

SK E&S invests $110 million in world’s largest carbon capture project

SK E&S Co., the natural gas business unit of South Korea’s SK Group, is investing $110 million for a 10% stake in Summit Carbon Solutions ...

Samsung Elec. proposes global research for 6G frequencies

Samsung Electronics Co., South Korea’s tech behemoth, has put forward global research on 6G service frequencies as it aims to take the lead in...

Kakao CEO vows messenger app reform as Q1 misses forecasts

South Korea’s leading online platform operator Kakao Corp. plans to drastically change the way KakaoTalk, the country’s top mobile messe...

Lotte Duty Free to open downtown store in Sydney

South Korea's Lotte Duty Free Co. is slated to open a downtown store in Sydney on May 5, after Australia reopened its international borders to forei...

Nongshim eyes top spot in global instant noodle market

South Korea’s No. 1 noodle maker Nongshim Co. is aiming for top place in the world’s instant noodle market, looking to beat the current ...

Naver Webtoon’s global users quadruple in 5 years on localization

Naver Webtoon Corp., the digital comics and novel platform of South Korea’s online portal giant Naver Corp., saw users nearly quadrupling in f...

Samsung Electronics shares rebound as foreigners turn net buyers

Shares of Samsung Electronics Co., the largest stock on South Korea’s main bourse, rose strongly on Friday, snapping a five-day losing streak,...

SK, BlackRock team to bet on EV charging station maker

  SK Inc., the holding company of South Korean conglomerate SK Group, has committed to invest $5 million in US electric vehicle charging stati...

NH Investment opens London affiliate to ramp up global IB business

NH Investment & Securities Co. has set up its affiliate incorporated in London, the South Korean major brokerage house announced on April 27. ...

Foreign ownership of Korean shares hits lowest level since 2010

Foreign investors’ holding rate in South Korea’s main bourse Kospi has plunged to the lowest level since 2010. The investors have dispos...

73% of LPs to ramp up global warehouse investment

Key asset owners of South Korea are eyeing logistics centers and multifamily housing for real estate investing while planning to reduce exposure to ho...

Korea steelmakers see risks from carbon, supply issues

The South Korean steel industry’s top executives are anticipating a perfect storm amid the global push for carbon neutrality and supply chain ...

Korea Post to tap two GPs for global ESG bond ETFs

Korea Post, South Korea's state-run postal service agency, said on April 21 that its insurance arm will select a maximum of two asset managers for...

COVID test kit maker SD Biosensor buys Italian medical device firm

SD Biosensor Inc., South Korea’s top manufacturer of COVID-19 test kits, said on Friday that it has signed a deal to purchase a 100% stake i...

Kakao Games invests $15 mn in Playable Worlds for global expansion

Kakao Games Corp., a game publishing unit of Korea’s web service giant Kakao Corp., has invested $15 million in US game studio Playable Worlds...

KDB resumes global venture IR event in Singapore

South Korea’s state-run Korea Development Bank (KDB) said on Thursday that KDB NextRound, the bank’s venture investment platform, will h...