ICT-based financial innovation

South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...

SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the wor...

LG Chem Ltd. plans to produce synthetic resins such as polyolefin, polycarbonate and polyvinyl chloride, using biomaterials from Finland's diesel prod...

South Korea’s Ministry of Foreign Affairs has appointed Choi Heenam, chief executive of the Korea Investment Corporation (KIC), as the country's...

Samyang Holdings Corporation, a South Korean manufacturer of food and chemical products, has joined the bid to acquire US-based Emerald Kalama Chemica...

Helixmith Co., once No.2 stock on the junior Kosdaq market, has lost 40% in the past week following its disclosure of $233 million investment in high-...

Hyundai Motor Co., South Korea’s biggest automaker, has begun building an innovation lab in Singapore as part of its efforts to explore new mobi...

The Korean Teachers' Credit Union (KTCU) has secured returns nearly four times its $37.6 million investment in the US cloud-based platform provider El...

Korea Investment & Securities Co. has acquired a luxury office building in Orange County, California valued at around 100 billion won ($86 million...

KB Financial Group will no longer finance coal power projects at home and abroad, nor invest in them, said the South Korean banking group, with a set ...

Big Hit Entertainment Co., behind the K-pop idols BTS, is switching its focus to online concerts, merchandise and character businesses from offline pe...

SK Innovation Co.’s wholly owned subsidiary SK IE Technology Co. (SK IET) is set to fetch 300 billion won ($257.6 million) in a pre-IPO placemen...

A consortium of South Korea's Hana Alternative Asset Management Co. and other units of Hana Financial Group has signed a preliminary agreement to buy ...

Korean Air Lines. Co. is reaching out to overseas investors to gauge their interest in acquiring Wilshire Grand Center, a landmark building in Los Ang...

Back in 2018, KKR & Co. tentatively agreed to buy a minority stake in South Korea’s Shinhan Financial Group to build a strategic relationshi...

Hana Financial Investment Co. Ltd. has secured A$200 million ($146 million) in senior loans to finance A$320 million solar power project in Australia ...

KB Financial Group's global venture capital fund, which raised 220 billion won ($185.6 million) last year, has wrapped up its investment of about 50 b...

The Korea Deposit Insurance Corp. (KDIC) has resumed the ongoing sale process of its 17.25% stake in Woori Financial Group in four years. It will offe...

The Carlyle Group has been growing its presence in South Korea after sealing a string of investment and business deals with top Korean financial servi...

Affinity Equity Partners and Baring Private Equity Asia will likely invest a combined 1.2 trillion won ($1 billion) in new shares of Shinhan Financial...

The Hyundai Motor Group will operate three chartered flights to dispatch its employees to Beijing Sept. 3 and Sept. 4, after winning temporary approva...

Shares of Doosan Heavy Industries & Construction Co. Ltd., a South Korean power plant builder, jumped to their highest level in more than two year...

The Bank of Korea revised down its 2020 growth forecast for the South Korean economy to a negative 1.3% from the previous 0.2% contraction on August 2...

State-run Korea Development Bank (KDB), the main creditor of Asian Airlines Inc., has unveiled proposals to ease the financial burden for HDC Hyundai ...

Hanwha Q CELLS has acquired a 100% stake in the energy software company Growing Energy Labs, Inc (Geli) in a move to step up its energy business in th...

Hanwha Group has lost to US-based chemical company Chevron Phillips in a bid to acquire a 50% stake in global chemical company Sasol’s...

Silence over the tenure of incumbent chief investment officer (CIO) at the National Pension Service is stirring up talk within the global asset manage...

Hana Financial Investment Co., Ltd has invested in an energy storage system development project as an underwriter for senior loans worth $117 million....

Shinhan Financial Group, one of Korea's largest financial holding firms, has reached out to asset management companies that are well-versed ...

Hana Financial Investment Co. Ltd. has purchased a $77 million mezzanine loan backed by a six-story space in the 101-story, 30 Hudson Yards, the third...