Seoul court upholds Affinity's Kyobo Life valuation

A South Korean court on Thursday ruled in favor of Affinity Equity-led financial investors (FIs) in Kyobo Life Insurance Co., rejecting Kyobo's clai...

POBA taps former DB Insurance investment head as new CIO

Public Officials Benefit Association (POBA) of South Korea has named Huh Jang, former head of investment at DB Insurance Co. as its new chief inve...

ABL Life co-invests in Everbright’s infra fund with 13% return

Korea’s ABL Life Insurance Co. has participated in Everbright Overseas Infrastructure Investment Fund LP, a $460 million fund managed by Hon...

Hanwha inks $1.7 bn K9 howitzer deal to Egypt

Hanwha Defense Co. signed a contract to sell K9 self-propelled howitzers to Egypt on Tuesday in a deal worth over 2 trillion won ($1.7 billion.)Of t...

IMM to buy Samsung Life stake once owned by Jay Y. Lee's sister

IMM Private Equity is set to acquire a 1.73 percent stake in Samsung Life Insurance Co., according to investment banking sources on Jan. 27. The sta...

E-Land sells Shanghai warehouse for $2.2 bn to lower debt ratio

Retail conglomerate E-Land Group completed selling its first overseas logistics center in Shanghai for about 1.4 billion Chinese yuan ($2.2 billion)...

Hanwha Solutions shares rebound to near 40,000 won mark 

Hanwha Solutions Corp. shares are rebounding after a two months-long slide. The bounce back comes on the back of expectations that its operating pro...

Korean REITs total assets surpass $58 bn in 2021

The combined total assets of real estate investment trusts (REITs) in Korea surpassed 70 trillion won ($58.4 billion) as of the end-2021, 20 years a...

Samsung SRA taps former KIC infra head as CEO

Samsung SRA Asset Management Co. has named its former managing director (MD) and chief investment officer Chung-Keun Kim as its new chief executive,...

Kyobo Life eyes 2022 IPO to end feud with investors

Kyobo Life Insurance Co. on Tuesday applied for a preliminary review of its public listing with the Korea Exchange, three years after it canceled th...

Hanwha Defense to supply howitzers to Australia in $788 mn deal

South Korea’s Hanwha Defense Co. inked a $788 million deal to supply K9 self-propelled howitzers to Australia, marking its first sale of the s...

Hanwha, Musicow to launch JV in US for copyright trading abroad

Musicow Inc., a music copyright trading platform and one of the hottest startups in South Korea, will set up a joint venture in the US with Korean c...

Korea’s Hanwha Aerospace to develop small rocket system

Hanwha Aerospace Co., a unit of South Korean conglomerate Hanwha Group, is developing system technology for small projectiles that launch a satellit...

Partners Group attracts Korea Post and local insurers to PE funds

Some major South Korean institutional investors have committed to Switzerland-headquartered global asset manager Partners Group's Secondary 2020 Fun...

Hanwha Solutions invests $100 mn in US energy startup Lancium

South Korea’s Hanwha Solutions Corp. has invested in a US data center energy management startup as part of its new business model to embrace t...

Hanwha acquires 16.67% of REC Silicon for $160 mn for US solar projects

South Korea’s Hanwha Solutions Corp. has agreed to buy a 16.67% stake in Norway-based polysilicon manufacturer REC Silicon ASA for $160.5 mill...

Hyundai Oilbank to make naphtha from plastic waste

Hyundai Oilbank Co. is set to produce naphtha by injecting plastic waste pyrolysis oil into the process of refining crude oil, poised to become the ...

Kyobo Life resumes IPO push amid protracted dispute with investors

Kyobo Life Insurance Co., South Korea’s third-largest life insurer, is resuming its push for an initial public offering amid a protracted lega...

Korea’s LIG close to record $3.5 bn deal to export missile system to UAE

LIG Nex1 Co., a leading South Korean defense company, is close to a record $3.5 billion deal to export its surface-to-air missile system to the Unit...

Hanwha Energy to raise $130 mn for Australia hydrogen project

Hanwha Energy Corp. of South Korea's Hanwha Group will raise about 150 billion won ($130 million) from Woori Private Equity to fund its solar energy...

NPS, Tishman form $1.5 bn JV to invest in US housing

The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, and New York-based global real estate investment ...

[ASK 2021] Cross-border Investments in Data Center, Life Science and Other Niche Sectors

Sera Global is a pure-play real assets advisory firm that provides innovative solutions to meet the evolving needs of clients, with a focus on l...

Korea autonomous driving startup 42dot valued at $434 mn

South Korea’s autonomous driving startup 42dot drew strong interest from investors with its advanced artificial intelligence technology. Strat...

Shinhan Financial acquires BNP Paribas Cardif General Insurance

Shinhan Financial Group has acquired BNP Paribas Cardif General Insurance, the non-life insurance unit of French banking group BNP Paribas in a move...

Hanwha Life CIO says interested in infrastructure debts

Chief Investment Officer of South Korea's Hanwha Life Insurance Shin Minsik said on Wednesday that the company is selectively looking for equities i...

Hanwha-invested OneWeb’s internet satellites launched into orbit

A Soyuz rocket has launched 36 new internet satellites operated by London-based OneWeb, in which South Korea’s Hanwha Systems Co. has a stake,...

Hanwha to raise $503 mn to expand China PVC production

South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world&rsq...

Digital transformation, a matter of life and death: Autodesk CEO

SILICON VALLEY – One of the things that have drastically changed the business environment in the pandemic era is the prevalence of companies t...

KIC advised to invest in Europe's residential market

Europe's residential real estate market has stronger growth potential than the US housing facilities, given the growing preference among millennials...

Hanwha moves forward in challenging Hu-Chems in nitric acid market

Hanwha Corp. is pushing forward with its plan to challenge Hu-Chems Co. in the industrial nitric acid sector as its attempt to acquire the chemical ...