Nexon invests $874 mn in Hasbro, Japan’s game giants

Nexon invests $874 mn in Hasbro, Japan’s game giants

South Korea’s Nexon Co. has disclosed investments in the global entertainment sector made last year, totaling $874 million or 58% of the amoun...

SK Holdings, China’s Geely launch $300 million future mobility fund

SK Holdings, China’s Geely launch $300 million future mobility fund

South Korea’s SK Holdings Co. and China’s leading carmaker Zhejiang Geely Holding Group Co. have launched a $300 million joint fund...

Hyundai Motor invests in Clearpath Robotics in push for future mobility

Hyundai Motor invests in Clearpath Robotics in push for future mobility

Hyundai Motor Co. has invested $5 million in Clearpath Robotics Inc., a Canada-based robotics startup, in a stepped-up push to transform into a comp...

SK Lubricants draws Japan's refiner Enoes, three PEFs

SK Lubricants draws Japan's refiner Enoes, three PEFs

Japan's biggest refiner Enoes Corp. is one of the four final bidders for a minority stake in South Korea's SK Lubricants Co., wholly owned by SK Inn...

Affirma, EastBridge to invest $350 mn in SK's mobility venture

Affirma, EastBridge to invest $350 mn in SK's mobility venture

  Affirma Capital and South Korea-based EastBridge Partners will invest a combined 400 billion won ($350 million) in SK Telecom Co.'s mobility...

SK, POSCO agree to develop new lightweight materials for future mobility

SK, POSCO agree to develop new lightweight materials for future mobility

South Korea’s SK Global Chemical, a wholly owned subsidiary of SK Innovation, and POSCO have joined hands to develop steel and plastic composi...

SK Hynix produces mobile DRAM with industry’s largest capacity

SK Hynix produces mobile DRAM with industry’s largest capacity

SK Hynix Inc., South Korea’s second-largest chipmaker, has started mass production of 18 gigabyte (GB) mobile DRAM, which offers the industry&...

Affirma, EastBridge in race for T Map Mobility’s $267 mn fundraising

Affirma, EastBridge in race for T Map Mobility’s $267 mn fundraising

Global buyout fund Affirma Capital and South Korean private equity firm EastBridge Partners will compete in a race for the 300 billion won ($267 mil...

Naver invests €115 mn in Spain’s virtual marketplace Wallapop

Naver invests €115 mn in Spain’s virtual marketplace Wallapop

Naver Corp., South Korea’s top online portal, has invested €115 million in Wallapop, a Spanish virtual marketplace, as part of its effort...

Carlyle seals $200 mn investment in Kakao Mobility

Carlyle seals $200 mn investment in Kakao Mobility

The Carlyle Group has agreed to buy $200 million worth of new shares in Kakao Mobility Corp. as a pre-IPO investment in the transportation arm of So...

Korean REIT backed by Amazon’s Japan warehouse eyes $280 mn IPO

Korean REIT backed by Amazon’s Japan warehouse eyes $280 mn IPO

A South Korean real estate investment trust (REIT) backed by Amazon’s largest logistics center in Japan and an office complex in Seoul is plan...

Hyundai unveils unmanned ultimate mobility vehicle concept

Hyundai unveils unmanned ultimate mobility vehicle concept

Hyundai Motor Group has unveiled its first uncrewed ultimate mobility vehicle (UMV) concept, transforming intelligent ground excursion robot (TIGE...

Uber, T Map Mobility JV wins antitrust approval; set to launch in April

Uber, T Map Mobility JV wins antitrust approval; set to launch in April

South Korea's antitrust regulator has approved the proposed joint venture between the US-based ride-hailing company Uber Technologies Inc. and T M...

Hyundai, KDB launch fund to foster mobility startups

Hyundai, KDB launch fund to foster mobility startups

Hyundai Motor Group and Korea Development Bank have decided to create a 74.5 billion won ($67 million) fund to invest in startups that offer future ...

Google to invest $270 mn in Kakao Mobility with Carlyle

Google to invest $270 mn in Kakao Mobility with Carlyle

Google Inc. is planning to invest around $270 million in Kakao Mobility Corp., the transportation arm of South Korea's No. 1 messaging operator Kaka...

LG hires Kim & Chang as advisor for mobile division sale

LG hires Kim & Chang as advisor for mobile division sale

LG Electronics Inc. has mandated South Korea’s largest law firm Kim & Chang as the legal advisor for its smartphone division sale, accor...

Kia to issue green notes as part of $500 mn global bonds for future mobility

Kia to issue green notes as part of $500 mn global bonds for future mobility

Kia Corp., a unit of Hyundai Motor Group, plans to issue green bonds in overseas markets to raise money for future mobility investments, including e...

Kia drops Motors from name, unveils roadmap for new EV models

Kia drops Motors from name, unveils roadmap for new EV models

Kia Motors Corp., a unit of Hyundai Motor Group, has dropped Motors from its name, as the company breaks away from its traditional manufacturing-dri...

Hyundai, Kia to raise $921 mn in green bonds for future mobility

Hyundai, Kia to raise $921 mn in green bonds for future mobility

Hyundai Motor Co. and Kia Motors Corp. plan to issue green bonds worth a combined 1 trillion won ($912 million) as they gear up to raise money for...

IMM PE, Affirma Capital shortlisted for T Map Mobility's $275 mn fundraising

IMM PE, Affirma Capital shortlisted for T Map Mobility's $275 mn fundraising

Competition is heating up among domestic and foreign private equity firms hoping to invest in T Map Mobility Co., a mobility spin-off of South Korea...

Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business

Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business

Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...

Korean shipbuilders kick off 2021 with $1 bn container ship, LNG carrier orders

Korean shipbuilders kick off 2021 with $1 bn container ship, LNG carrier orders

South Korea’s two major shipyards have started off 2021 with decent orders, brightening the outlook for the country to retain its leadership i...

Hyundai Motor Chairman's inner circle promoted to key leadership

Hyundai Motor Chairman's inner circle promoted to key leadership

Hyundai Motor Group has carried out a massive reshuffling among its key affiliates, with members of Chairman Chung Euisun's inner circle promoted ...

Hyundai mulls downsizing skyscraper for future mobility

Hyundai mulls downsizing skyscraper for future mobility

Hyundai Motor Co. is at a crossroads over the construction of its $3.4 billion global business center, deliberating on whether to downsize the 105-s...

Korea set to overtake Japan as No. 5 exporter by 2026

Korea set to overtake Japan as No. 5 exporter by 2026

South Korea is set to overtake Japan and become the world’s No. 5 export powerhouse by 2026 on grounds that the country will maintain its cu...

Naver confident third time’s a charm in Japan's search engine market

Naver confident third time’s a charm in Japan's search engine market

South Korea’s portal giant Naver Corp. is hoping third time’s a charm as it gears up to re-enter the Japanese search engine market after...

Kakao, Google in talks over mobility partnerships

Kakao, Google in talks over mobility partnerships

Kakao Mobility Corp., the transportation arm of South Korea's No. 1 messaging operator Kakao Corp., is in talks with global IT giant Google over pot...

SK Telecom seeks $271 mn for mobility spin-off

SK Telecom seeks $271 mn for mobility spin-off

South Korea’s largest mobile carrier SK Telecom Co. is looking to raise up to 300 billion won ($271 million) ahead of rolling out its new mobi...

Anchor Equity, TPG invest $500 mn in Korean mobile banking app

Anchor Equity, TPG invest $500 mn in Korean mobile banking app

Hong Kong-based Anchor Equity Partners has agreed to invest 250 billion won ($226 million) to buy new shares in South Korea’s KakaoBank, shortly...

S.Korea, Japan ink first free trade deal via 15-country trade bloc

S.Korea, Japan ink first free trade deal via 15-country trade bloc

South Korea joined the world’s biggest free trade regime on Nov. 15 by signing a mulilateral FTA pact that covers 15 countries in the Asia-Pacif...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal