Hanwha Asset Management
Scope
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Korean startups
Race to win tableside ordering market heats up in Korea
Baemin, South Korea's top food delivery platform, and the country’s leading travel and accommodation booking platform operator Yanolja Co. hav...
Sep 20, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean obtains AIP for liquefied hydrogen carrier
South Korea's Hanwha Ocean Co. said on Thursday that it obtained approval in principle (AIP) for an 80,000 cubic meter-class electric-propulsion liq...
Sep 19, 2024 (Gmt+09:00)
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Korean stock market
Mirae Asset named as Best Securities House in S.Korea by Euromoney
Mirae Asset Securities announced on Thursday that it has been named “Best Securities House in South Korea” at the Euromoney Securities H...
Sep 19, 2024 (Gmt+09:00)
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Automobiles
Kia, 42dot, Geotab to team up for PBV management system
Kia Corp. said on Friday it signed a memorandum of understanding (MOU) with 42dot and Geotab to develop a management system for purpose-built vehi...
Sep 13, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha teams up with Australian startup for space business
South Korea’s Hanwha Aerospace Co. has joined hands with Australian startup Gilmour Space Technologies in the space business, bolstering coope...
Sep 12, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha to take full control of S’pore Dyna-Mac with tender offer
South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to acquire all shares it does not own in Dyna-Mac Holdings Ltd., a Singapor...
Sep 12, 2024 (Gmt+09:00)
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Energy
Hanwha Aerospace, SK Enmove develop fireproof ESS
South Korean companies have joined forces to develop the world’s first fireproof energy storage system (ESS) powered by liquid immersion cooli...
Sep 10, 2024 (Gmt+09:00)
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Tech, Media & Telecom
KT applies AIoT video surveillance to EV charging stations
South Korea's KT Corp. said on Monday that it will expand its Artificial Intelligence Internet of Things (AIoT) video surveillance business to elect...
Sep 09, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems, WB Group to collaborate on SAR satellites
South Korea's Hanwha Systems Co. said on Monday that it signed a mid- to long-term business cooperation memorandum of understanding (MOU) for space ...
Sep 09, 2024 (Gmt+09:00)
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Robotics
Samsung’s Ballie, LG's Q9 AI robots steal the show at IFA 2024
BERLIN – Ballie, the artificial intelligence-powered companion robot developed by Samsung Electronics Co., has come a long way since the South...
Sep 06, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy passes Int'l Risk Management Standard audit
Samsung Heavy Industries, a leading South Korean shipbuilder, announced on Thursday that it has become the first in the Korean shipbuilding industry...
Sep 05, 2024 (Gmt+09:00)
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Korean stock market
Korea Investment Management to launch two India-focused ETFs
Korea Investment Management said on Wednesday it will launch two active exchange-traded funds (ETFs) targeting the Indian market on September 10.The...
Sep 05, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha signs MOU with WB Group for $2 bn Polish submarine project bid
Hanwha Ocean Co. said on Wednesday it has signed an initial agreement on business cooperation with Polish defense firm WB Group to raise its chances...
Sep 04, 2024 (Gmt+09:00)
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Banking & Finance
Hana Financial, SK Telecom buy shares in BitGo
Hana Financial Group and SK Telecom Co. acquired shares in BitGo Korea, the Korean unit of a global digital asset trust company, and decided to esta...
Sep 03, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha to bag up to $2.2 bn container ship order from Maersk
Hanwha Ocean Co., South Korea’s third-largest shipbuilder, is expected to win its first container ship order from the world’s No. 2 ship...
Sep 01, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Will Samsung take over Nokia’s mobile network assets?
Samsung Electronics Co., the world’s top smartphone maker, has expressed interest in the mobile networks business of Nokia Oyj, a global telec...
Sep 01, 2024 (Gmt+09:00)
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Leadership & Management
Hanwha’s heir apparent to unearth new drivers, tighten grip
Hanwha Group has appointed the eldest son of Chairman Kim Seung-youn to lead the investment division of the group’s eco-friendly energy unit i...
Aug 29, 2024 (Gmt+09:00)
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Real estate
Korea Investment, Sinar Mas to build data center in Indonesia
Korea Investment Real Asset Management Co. and Indonesian conglomerate Sinar Mas have set up a joint venture to build a hyperscale data center in a ...
Aug 27, 2024 (Gmt+09:00)
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Mergers & Acquisitions
SK Innovation-SK E&S merger gains shareholders’ nod
SK Innovation Co., South Korea’s largest energy company, has won majority support from its shareholders for a merger with its liquefied natura...
Aug 27, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean, US Senator discuss US Navy MRO
South Korea's Hanwha Ocean Co. said on Tuesday that it discussed various aspects of the US Navy ship projects with key figures from the US Senate Co...
Aug 27, 2024 (Gmt+09:00)
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Corporate restructuring
POSCO to sell entire stake in P&O Chemical to OCI
POSCO Future M Co., a battery materials affiliate of South Korean steel giant POSCO Holdings Inc., will sell its entire stake in P&O Chemical Co...
Aug 25, 2024 (Gmt+09:00)
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Leadership & Management
Hanwha’s Kim Dong-seon to raise his stake in Galleria to 19.86%
Kim Dong-seon, vice president of South Korea’s Hanwha Galleria Corp. and the third son of Hanwha Group Chairman Kim Seung-yeon, plans to buy a...
Aug 23, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha completes Australia plant for howitzers, armored vehicles
South Korea’s Hanwha Aerospace Co. has completed building its first overseas plant — producing howitzers and ammunition carriers in Aust...
Aug 23, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems, Airbus to jointly develop space solar cells
Flexell Space, South Korea's Hanwha Systems Co.'s in-house venture, said on Thursday that it signed a letter of intent (LOI) with Germany's Airbus D...
Aug 22, 2024 (Gmt+09:00)
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Real estate
Mirae Asset, global investors eye gain from sale of Hanoi skyscraper
South Korea's Mirae Asset Securities Co. and shareholders in the three-building complex Landmark72, which encompasses the second-tallest skyscraper ...
Aug 22, 2024 (Gmt+09:00)
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Energy
Kolon Global, Hana Bank to form onshore wind power fund
South Korea's Kolon Global Corp. announced on Tuesday it signed an agreement with Hana Bank, Hana Alternative Asset Management, and MDM Asset Manage...
Aug 21, 2024 (Gmt+09:00)
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Korean stock market
Korea's KEDI-based ETFs boom; net assets double in 2 months
South Korean exchange-traded funds (ETFs) tracking KEDI, an index set created by The Korea Economic Daily, are booming on growing investor demand fo...
Aug 20, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s Mirae Asset to open AI business unit in New York
Mirae Asset Group, the pioneer in South Korea’s mutual fund industry, plans to set up an artificial intelligence business unit in New York as ...
Aug 20, 2024 (Gmt+09:00)
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Korean startups
Asan Nanum Foundation revamps fund management
The Asan Nanum Foundation, a nonprofit foundation set up in 2011 to commemorate the 10th anniversary of Hyundai founder Chung Ju-yung’s death,...
Aug 20, 2024 (Gmt+09:00)
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Electronics
Samsung's AI home appliances hit 1.5 mn units sold
Samsung Electronics Co. said on Thursday that its cumulative sales of AI-integrated home appliances have surpassed 1.5 million units as of July this...
Aug 16, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet