Hanao Bank CEO Lee Seung-lyul
Scope
Date
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Asset management
US non-agency mortgage-backed securities to shine in 2023: TCW
Amid the tightening of the Federal Reserve, among the most impacted asset classes were agency mortgage-backed securities (MBS), issued by US governm...
Dec 22, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Samsung Chairman Jay Y. Lee flies to Vietnam for global business
Samsung Electronics Co. Chairman Jay Y. Lee embarked on a business trip to Vietnam on Wednesday to attend an opening ceremony for a research and dev...
Dec 21, 2022 (Gmt+09:00)
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Batteries
Leaders of Samsung, BMW discuss bolstering EV battery partnership
Samsung Electronics Chairman Jay Y. Lee met with the Chairman of the Management Board of BMW Group Oliver Zipse on Saturday to discuss ways to deepe...
Dec 18, 2022 (Gmt+09:00)
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Banking & Finance
KEXIM to provide $1.2 bn project financing for Indonesian refinery project
The Export-Import Bank of Korea (Eximbank) announced on Friday that it has signed a $1.2 billion project financing agreement with the Indonesian sta...
Dec 16, 2022 (Gmt+09:00)
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Banking & Finance
Hana Bank signs agreement for 24-hour forex trading
Hana Bank said on Friday that it signed a strategic memorandum of understanding (MOU) with Toss Securities for 24-hour foreign exchange trading at t...
Dec 16, 2022 (Gmt+09:00)
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Samsung Group
Hotel Shilla CEO Lee ranks 85th on Forbes' 100 most powerful women
Samsung heiress and Hotel Shilla CEO Lee Boo-jin ranked 85th on The World’s 100 Most Powerful Women selected by Forbes. Lee, who leads Samsung Group's...
Dec 08, 2022 (Gmt+09:00)
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Banking & Finance
Korea Shinhan Financial taps banking unit head as group CEO
Shinhan Financial Group appointed the head of its flagship banking unit as the group’s next chief executive officer as the major South Korean ...
Dec 08, 2022 (Gmt+09:00)
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Samsung Group
Samsung’s Lee visits UAE nuclear plant project on first trip as chairman
Samsung Group leader Jay Y. Lee is in Abu Dhabi to meet with businesspeople and politicians and tour the Barakah nuclear power plant project in the ...
Dec 07, 2022 (Gmt+09:00)
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Executive reshuffles
Samsung Elec names first female president under Chairman Jay Y. Lee
Samsung Electronics Co., the world’s largest memory chip and smartphone maker, has carried out its year-end executive reshuffle, marked by its...
Dec 05, 2022 (Gmt+09:00)
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Blockchain
Blockchain co. Reality Reflection's board to discuss mangement reshuffle
The South Korean blockchain ecosystem is facing a string of management disputes, hit by worsening conditions of the global cryptocurrency market.&nb...
Dec 05, 2022 (Gmt+09:00)
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Electronics
Korea Semiconductor Academy launched to nurture field workers
The Korea Semiconductor Academy was established Thursday with former SK Hynix CEO Seok-hee Lee at its helm.The launch ceremony was held at the Korea...
Dec 02, 2022 (Gmt+09:00)
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Capital raising
Industrial Bank of Korea provides Silicon Valley-style financing for startups
Industrial Bank of Korea (IBK) on Friday launched the IBK Venture Loan, which provides bridge loans to promising startups struggling to borrow funds...
Dec 02, 2022 (Gmt+09:00)
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Pension funds
NPS shortlists 6 candidates for chief investment officer opening
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund managing 896.6 trillion won ($690.5 billion) as of end-S...
Dec 01, 2022 (Gmt+09:00)
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Corporate bonds
KEPCO raises $368 mn via bond issuance on heated demand
Korea Electric Power Corp. (KEPCO) saw on Nov. 27 around 1.7 trillion won ($1.3 billion) worth of investor bids for its bond issuance targeting 400 ...
Nov 29, 2022 (Gmt+09:00)
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Cryptocurrencies
Upbit's decision to delist WEMIX ridiculous, WeMade CEO says
South Korea’s five major cryptocurrency exchanges said on Nov. 24 they will delist WEMIX, Kosdaq-listed game developer WeMade Co.’s cryp...
Nov 25, 2022 (Gmt+09:00)
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Private equity
Carlyle promotes two Koreans to partner, MD
The Carlyle Group Inc. announced on Tuesday 32 new partners and 39 new managing directors, effective Jan. 1 of 2023, including two Koreans, Sean (So...
Nov 24, 2022 (Gmt+09:00)
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Chemical Industry
Polysilicon maker OCI to spin off its major chemical units
OCI Co., South Korea’s lone polysilicon producer, is set to spin off its chemical units and transform itself into a holding company.On Wednesd...
Nov 23, 2022 (Gmt+09:00)
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Leadership & Management
Lotte to replace construction unit CEO due to liquidity crisis
Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...
Nov 22, 2022 (Gmt+09:00)
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Corporate bonds
KEPCO turns from bonds to banks for money on govt plans
Korea Electric Power Corp. (KEPCO) is set to raise 600 billion won ($442 million) from a local bank in a plan to seek loans to secure money instead ...
Nov 21, 2022 (Gmt+09:00)
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Venture capital
KEB Hana secures 6% stake in Onmind, part of SK Square's porfolio
SK Square Co. announced on Monday that Onmind Inc., one of its portfolio companies, raised 2 billion won ($1.5 million) from KEB Hana Bank. The...
Nov 21, 2022 (Gmt+09:00)
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Korean startups
Deeping Source turns visual data into info that drives business decisions
Deeping Source Inc., an artificial intelligence (AI) analytics startup, turns real-life visual data into insight that can drive business decisions.&...
Nov 20, 2022 (Gmt+09:00)
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Leadership & Management
Korean startup CEOs’ ethical scandals emerge as major risk factor
Several South Korean startups have recently been hit hard by their CEOs’ unethical behavior and business-related misconduct, leading to a lo...
Nov 18, 2022 (Gmt+09:00)
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Investment banking
Korean brokerages' restructuring targets investment banking units
South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. The brokerages are set...
Nov 10, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Microsoft CEO Nadella to speak at developers' forum in Seoul
Microsoft Korea said on Tuesday that it will host Microsoft Ignite Spotlight on Korea, an annual conference for developers and IT professionals, on ...
Nov 08, 2022 (Gmt+09:00)
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Mergers & Acquisitions
TPG to sell off Korean luxury tile firm Nox's parent for $421 mn
US alternative investment manager TPG Inc. is poised to sell a 65% stake in South Korea’s Moleem Corp., the parent of global leading luxury vi...
Nov 04, 2022 (Gmt+09:00)
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Electronics
Korean LED maker marks 100th victory in global patent wars
Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, won a patent lawsuit in Germany, setting a recor...
Nov 04, 2022 (Gmt+09:00)
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Shareholder activism
Game publisher Com2uS buys $47 mn worth of SM Entertainment shares
South Korean mobile and online game developer and publisher Com2uS Corp. acquired a whopping 67 billion won ($47 million) worth of SM Entertainment ...
Nov 01, 2022 (Gmt+09:00)
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Leadership & Management
Ex-LG Elec purchase head named Starkist CEO
Dongwon Group, a South Korean seafood and logistics conglomerate, announced on Monday that it has appointed Um Jae-woong, LG Electronics Inc.’...
Oct 31, 2022 (Gmt+09:00)
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Batteries
Germany’s MBraun, Korean university to co-work on solar cells: CEO
MBraun, an affiliate of Germany’s Indus Holdings AG, plans to invest 1 billion won ($702,000) in a South Korean university as part of a deal t...
Oct 30, 2022 (Gmt+09:00)
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Corporate bonds
BOK to ease Legoland developer default-led credit crunch
South Korea’s central bank joined rescue moves to improve liquidity in the local bond market and alleviate the fallout from a debt default by ...
Oct 28, 2022 (Gmt+09:00)
Latest News
- 1 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 2 POSCO Future M breaks with China in cathode supply chain
- 3 GIC resumes Seoul Finance Center sale in potential megadeal
- 4 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 5 Invesco, SK D&D likely to buy co-living building in Seoul