US pressures Samsung, chipmakers to disclose key internal data

US pressures Samsung, chipmakers to disclose key internal data

The American government is forcing global semiconductor manufacturers to submit internal information on their chip inventory as well as the number o...

Hyundai Motor to start hydrogen popularization in 2040

Hyundai Motor to start hydrogen popularization in 2040

Hyundai Motor Group, the world’s fifth-largest automaker, declared to make 2040 the first year of hydrogen energy popularizationThe group was ...

Hyundai Motor vows carbon neutrality by 2045

Hyundai Motor vows carbon neutrality by 2045

South Korea’s top automaker Hyundai Motor Co. pledged to achieve carbon neutrality by 2045 as global automakers are going for broke to accompl...

Mubadala joins GS-led group to buy Korean botox maker

Mubadala joins GS-led group to buy Korean botox maker

Abu Dhabi’s sovereign investor Mubadala Investment Co. joined a consortium led by South Korean GS Group to acquire the country’s top bot...

POSCO International, Petronas to develop Malaysian offshore gas field

POSCO International, Petronas to develop Malaysian offshore gas field

POSCO International Co., the trading unit of South Korean steelmaker POSCO Co., is set to develop an offshore gas field in Malaysia with the country...

LG Group to put facility management unit of S&I Corp. up for sale

LG Group to put facility management unit of S&I Corp. up for sale

South Korea’s LG Group will put the facility management division of its affiliate S&I Corp. up for sale amid talk that a sale of the unit ...

CJ Bibigo challenges kimchi leadership in Korea

CJ Bibigo challenges kimchi leadership in Korea

CJ Cheiljedang Corp. may overtake Daesang Corp.’s leadership in Korea’s packaged kimchi market for the first time in history. According ...

NPS to raise exposure to Kosdaq-listed blue chips

NPS to raise exposure to Kosdaq-listed blue chips

The National Pension Service (NPS) will raise exposure to up-and-coming biopharmaceutical, electric vehicle parts, entertainment and gaming companie...

Hyundai Rotem wins $296.5 mn electric train deal from Tanzania

Hyundai Rotem wins $296.5 mn electric train deal from Tanzania

Hyundai Rotem won a $296.5 million electric train deal from Tanzania as the South Korean railway system maker aims to expand business in Africa.Hyun...

POSCO International, Pertamina seek joint oil, gas development off Indonesia

POSCO International, Pertamina seek joint oil, gas development off Indonesia

POSCO International Co., the trading unit of South Korean steelmaker POSCO, has agreed with Indonesia’s PT Pertamina Hulu Energi (PHE) to look...

KakaoBank’s $2.3 bn IPO set to alter Korea’s banking landscape

KakaoBank’s $2.3 bn IPO set to alter Korea’s banking landscape

KakaoBank Corp., the mobile banking unit of online messaging app giant Kakao Corp., is looking to raise as much as 2.55 trillion won ($2.26 billion)...

POSCO, Orsted form offshore wind and hydrogen partnership

POSCO, Orsted form offshore wind and hydrogen partnership

South Korea’s steelmaker POSCO has taken another big step in accelerating the industry’s shift toward renewable energy. POSCO said on Ma...

SK Bioscience secures up to $173.4 mn from CEPI for vaccine development

SK Bioscience secures up to $173.4 mn from CEPI for vaccine development

SK Bioscience Co. has secured additional funding for phase III clinical trial of GBP510, its COVID-19 vaccine candidate jointly developed with the I...

Incheon Int'l Airport raises $300 mn in first global bond sale

Incheon Int'l Airport raises $300 mn in first global bond sale

South Korea's government-owned Incheon International Airport Corp. has raised $300 million in its first global bond sale to ease financial difficult...

LG Corp shares surge ahead of relisting after LX Holdings split-off

LG Corp shares surge ahead of relisting after LX Holdings split-off

Shares of LG Corp. are significantly outperforming the broader market on expectations the company will be fairly valued when it’s relisted on ...

Hyundai-partnered world-first urban airport project gets UK govt backing

Hyundai-partnered world-first urban airport project gets UK govt backing

A British urban air mobility project, in which South Korea’s Hyundai Motor Co. is a technology partner, has been chosen as the winner of the U...

Hyundai Corp to rival China's CRCC in bid for $18 bn Ukrainian infra deal

Hyundai Corp to rival China's CRCC in bid for $18 bn Ukrainian infra deal

South Korea’s trading company Hyundai Corporation will face China’s Railway Construction Corporate (CRCC) in a bid to secure an $18 billio...

Busan, where the city and nature meet

Busan, where the city and nature meet

I came to Korea in 2014 from a small country in Africa called Benin. I like to travel so I’ve visited Jeju, Seoul and Busan but this time I deci...

Travel Diary Gimcheon, Gumi

Travel Diary Gimcheon, Gumi

Gimcheon thrills with recreational sports offeringsA sudden cold spell made me shiver, but I was excited on my way to Gimcheon and Gumi. It takes only...

Lotte Corp's corporate bond issue raises staggering $665 mn in demand

Lotte Corp's corporate bond issue raises staggering $665 mn in demand

South Korean conglomerate Lotte Corporation saw overwhelming demand of 790 billion won ($665 million) from institutional investors on the issuing of c...

Lotte Corp to include ESG bonds in $126.5 mn corporate bond offering in September

Lotte Corp to include ESG bonds in $126.5 mn corporate bond offering in September

Lotte Corporation is set to become the first South Korean holding company to issue environmental, social, and governance (ESG) bonds, according to inv...

Shinsegae International acquires a 100% stake in high-end cosmetics brand Swiss Perfection

Shinsegae International acquires a 100% stake in high-end cosmetics brand Swiss Perfection

 Korean fashion and beauty business Shinsegae International Co., Ltd has acquired a 100% stake in Swiss Perfection, a high-end cosmetics brand ba...

Korean investors on track to pour nearly $1 bn into US, UK airports in 2019

Korean investors on track to pour nearly $1 bn into US, UK airports in 2019

South Korean institutional investors are on track to pour nearly $1 billion into US and UK airports in 2019, including the planned $51 million co-inve...

Hanwha, NH Investment take $243 mn stake in Gatwick Airport

Hanwha, NH Investment take $243 mn stake in Gatwick Airport

Hanwha Investment & Securities Co. Ltd. and NH Investment & Securities Co. Ltd. have acquired a combined 2.85% stake in London’s Gatwick Airpo...

KTB completes $160 mn office building purchase at Brussels Airport

KTB completes $160 mn office building purchase at Brussels Airport

KTB Investment & Securities Co. Ltd. has bought a new office building within the Brussels Airport complex for around 180 billion won ($160 million...

Ex-deputy finance minister named as Korea Investment Corp’s CEO

Ex-deputy finance minister named as Korea Investment Corp’s CEO

Heenam Choi, an executive director of the International Monetary Fund and former South Korean deputy finance minister, was appointed as chief executiv...

CCIM to Hold International Conference Jointly with KED Real Estate Research Institutes

The Certified Commercial Investment Member, an American association of international real estate investment analysts, will jointly host the Asia Real ...

NPS to put €250 mn in Macquarie Europe fund; drops Nice airport stake buy plan

South Korea’s National Pension Service (NPS) has decided to commit €250 million to Macquarie European Infrastructure Fund 5 (MEIF5) that is aiming to ...

NPS replaces global alternative head in internal moves of senior managers

NPS replaces global alternative head in internal moves of senior managers

The National Pension Service (NPS) appointed its domestic alternative division head, Sang-Hyun Yoo, as the new head of the global alternative division...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale