Hamilton Lane Global Private Assets fund
Scope
Date
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Cloud computing
KT Cloud, DigitalBridge join hands for data center biz in Korea
KT Cloud Co., the cloud computing unit under South Korea’s second-largest mobile carrier KT Corp., and US infrastructure investment firm Digit...
Mar 24, 2023 (Gmt+09:00)
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Economy
S.Korea's household assets rise to record high in 2022
Average household net assets in South Korea in 2022 increased 10% to a record 456 million won ($350,000) from a year earlier, while it took longer...
Mar 24, 2023 (Gmt+09:00)
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Banking & Finance
Brokerage firms in S.Korea log sharp falls in 2022 earnings
Brokerage firms in South Korea, led by Mirae Asset Securities Co., suffered a 50% plunge in net profit in 2022, as dwindling trading fees outweighed...
Mar 23, 2023 (Gmt+09:00)
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Korean startups
S.Korean fashion platform Ably attracts $39 mn before Series C round
South Korea’s Ably Corp., operator of the fashion shopping app Ably, has attracted 50 billion won ($39 million) via venture debt amid the slow...
Mar 23, 2023 (Gmt+09:00)
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Batteries
Doosan Fuel Cell teams up with Kolon Global for hydrogen fuel cell
South Korean fuel cell manufacturer Doosan Fuel Cell, and Kolon Global Corp., a South Korean company that specializes in the production of industria...
Mar 23, 2023 (Gmt+09:00)
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Electric vehicles
EV fast-charging company Crocus succeeds in $5 mn Series B funding
Crocus Inc., a South Korean startup focused on energy infrastructure and leveraging artificial intelligence (AI), announced on Wednesday that it rai...
Mar 23, 2023 (Gmt+09:00)
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Batteries
EcoPro taps mines in the Americas to secure cathode materials: EcoPro CEO
EcoPro Group, South Korea’s leading battery materials producer, is mulling investments in mines in the Americas to source cathode materials, a...
Mar 22, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy tops global 2-stroke engine production
South Korea’s Hyundai Heavy Industries Co. became the world’s first shipbuilder to have marked 200 million brake horsepower (bhp) in cum...
Mar 22, 2023 (Gmt+09:00)
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Future mobility
Kakao Mobility buys UK ride-hailing startup Splyt for global biz
South Korea’s Kakao Mobility Corp. said on Wednesday it has acquired the British ride-hailing startup Splyt, marking the first overseas takeov...
Mar 22, 2023 (Gmt+09:00)
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Aerospace & Defense
Korea's Kolon Group takes first step successfully in space launch vehicle biz
South Korea's Kolon Group announced on Wednesday that Kolon DACC Composite participated in the launch of the first private test launch vehicle in Ko...
Mar 22, 2023 (Gmt+09:00)
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Korean Investors
S.Korean LPs name 41 best alternative asset managers
Blackstone, Hamilton Lane, HarbourVest Partners and Audax Private Equity were jointly named the most preferred PE firms by South Korean institutional ...
Mar 21, 2023 (Gmt+09:00)
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Pre-IPOs
SK Pharmteco again seeks $382 mn in pre-IPO funding
SK Pharmteco Co., a contract development and manufacturing organization (CDMO), is eyeing pre-initial public offering funding again after it dropped...
Mar 21, 2023 (Gmt+09:00)
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Aerospace & Defense
Startup Innospace launches Korea’s first private projectile
South Korean space startup Innospace said on Monday it has launched a suborbital test projectile, the country’s first private launch vehicle, ...
Mar 20, 2023 (Gmt+09:00)
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Future mobility
Bespin Global to work with GBike for smart mobility business in Vietnam
Bespin Global, a cloud delivery platform company based in South Korea, announced on Thursday that it had partnered with GBike, a micromobility tech ...
Mar 20, 2023 (Gmt+09:00)
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Logistics
Lotte Global Logistics establishes resource recycling platform in Korea
South Korea's Lotte Global Logistics has established a resource recycling platform across ten logistics centers. The company has introduced the solu...
Mar 20, 2023 (Gmt+09:00)
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Shareholder activism
Two global shareholder voting advisors oppose activist funds in S. Korea
Institutional Shareholder Services (ISS) and Glass Lewis, the world's two biggest advisory bodies for shareholder voting rights, have recommended op...
Mar 20, 2023 (Gmt+09:00)
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Markets
Korean ETP market doubles amid increasing distrust of fund managers
South Korea’s exchange-traded product (ETP) market has doubled in four years as more investors preferred their own trades to discretionary inv...
Mar 20, 2023 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea's Naver gets global compliance certification
South Korea’s top search portal Naver Corp. said on Friday that it had received a global certification for its compliance management system fr...
Mar 17, 2023 (Gmt+09:00)
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Shareholder activism
ISS, Glass Lewis urge shareholders to veto activist fund's requests on JB
Proxy advisers Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. are urging shareholders of JB Financial Group Co., a South Ko...
Mar 17, 2023 (Gmt+09:00)
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ESG
ESG: Name of the game in investing, funding amid Korea’s green push
With South Korea’s aggressive green push at both the government and corporate levels, money is flowing back to environmental, social and gover...
Mar 16, 2023 (Gmt+09:00)
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Pension funds
S.Korea’s NPS taps investment strategy head as NY office chief
South Korea’s National Pension Service (NPS) is slated to undergo a management reshuffle for the first time since Chief Investment Officer Seo...
Mar 16, 2023 (Gmt+09:00)
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Hydrogen economy
Kolon Industries showcases hydrogen fuel cell materials at Tokyo Expo
Kolon Industries Inc., a Korean manufacturer of chemical and textile products, said on Wednesday that it was exhibiting its hydrogen fuel cell parts...
Mar 16, 2023 (Gmt+09:00)
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Retail
Lotte Mart unveils integrated private brand Good Today
South Korea's hypermarket Lotte Mart on Wednesday announced the debut of its integrated private brand (PB) Good Today under its plan to conduct focu...
Mar 16, 2023 (Gmt+09:00)
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Fintech
TravelWallet succeeds in attracting $15 mn Series C funding
South Korea's TravelWallet, a global payment service provider, announced on Wednesday that it has raised 19.7 billion won ($15 million) in Series C ...
Mar 16, 2023 (Gmt+09:00)
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Asset management
Global macro investing to revive for more volatile age: M&G
The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they inv...
Mar 15, 2023 (Gmt+09:00)
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Electric vehicles
Kia unveils flagship EV9 design; world premiere in March
Kia Corp. on Wednesday showcased its large flagship electric sport utility vehicle EV9 as the No. 2 South Korean carmaker is extending its EV lineup...
Mar 15, 2023 (Gmt+09:00)
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Carbon neutrality
Lotte Fine Chemical, OCI Global join hands for clean ammonia business
Lotte Fine Chemical Co., a subsidiary of Lotte Chemical Corp., and Europe’s No.1 clean ammonia producer OCI N.V., or OCI Global, will collabor...
Mar 15, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korean biotech NKMax’s unit aims for US IPO
NKMax Co., a South Korean cancer drug maker, is in talks with local and foreign investors in a bid to list its California-based unit NKGen Biotech I...
Mar 14, 2023 (Gmt+09:00)
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Sovereign wealth funds
S.Korean sovereign wealth fund KIC to set up Mumbai office
Sovereign wealth fund Korea Investment Corporation (KIC) has kicked off procedures to open a Mumbai-based office later this year, The Korea Economic...
Mar 14, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung chief Lee vows bold investment to bolster chip R&D capabilities
Samsung Electronics Co. Chairman Jay Y. Lee pledged another bold investment in the world’s largest memory chipmaker’s next-generation se...
Mar 14, 2023 (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