Korean mobility network infrastructure

IMM Private Equity has put a majority stake in South Korea’s Taihan Electric Wire Co. up for sale to exit its investment of close to $300 mill...

The Korea Economic Daily (KED) is hosting its global alternative investment conference ASK 2020 in Seoul on Oct. 28 for Korean institutional investors...

Chung Euisun, executive vice chairman of Hyundai Motor Co., has assumed the chairmanship of Hyundai Motor Group, officially confirming his ascension t...

The Korean Teachers’ Credit Union (KTCU), a $29 billion savings fund, will increase its exposure to equities markets and M&A financing deals...

South Korean mobile game developer Com2uS Corp. has acquired a German gaming rival in its first cross-over buyout, in a move to bolster its sports gam...

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...

Brookfield Asset Management Inc. will collect around 700 billion won ($610 million) from South Korean institutional investors for its second infrastru...

South Korean pension and savings funds, including the Yellow Umbrella Mutual Aid Fund and the Korea Scientists and Engineers Mutual-aid Association (S...

Global K-pop sensation BTS made headlines when they all dressed in pink for their "Boy with Luv" music video. The color pink, a so-called feminine c...

Doosan Group has shortlisted six bidders, including Hyundai Heavy Industries Holdings Co., and four local private equity groups, to acquire a controll...

Samsung Electronics Co. has clinched a deal with Qualcomm Technologies Inc. to manufacture 5G-capable mobile application processors designed for mid-r...

South Korean brokerage firms, having scooped up $20 billion worth of overseas real estate deals over the past three years, are now saddled with $7 bil...

South Korean automakers’ share of the US passenger car market has risen to its highest level in nine years, boosted by brisk sales of sport util...

Two years ago, a new coffee shop appeared in Gwanghwamun, one of the busiest office districts in Seoul, redirecting the daily traffic of businesspeo...

South Korea’s largest travel platform Yanolja is planning to list on the domestic stock market in 2022, paving the way for Singapore’s GIC...

Kakao Pay Corp. is set to become South Korea’s first mobile-payment fintech company to go public as the company kicks off preparations for an in...

The life of a building emulates the human experience more than we suspect -- encountering countless number of people, wearing down with age, and event...

South Korean financial regulators are considering introducing flat-rate underwriting fees for initial public offerings, in a move seen aimed at coolin...

South Korean games developer Krafton Inc., 13.2% owned by Tencent Holdings’ investment arm, is seeking to raise over 1 trillion won ($852 millio...

Hyundai Motor Group has hired two artificial intelligence experts as the company aims to secure its position in the future mobility sector, including ...

KakaoBank Corp., the mobile banking arm of South Korea’s online messaging app operator Kakao Corp., is planning an initial public offering next ...

Tesla Inc.’s announcement that it will adopt a new battery technology to significantly improve an electric vehicle’s range and power shoul...

Daedong Industrial Co., South Korea’s leading tractor and farm machinery maker, aims to transform into a smart mobility company, applying a...

Shares of Hyundai Motor Co. and Kia Motors Corp. are rising despite the rising trend in the value of the Korean won versus the dollar, which usually w...

The South Korean won leapt to its highest close in eight months against the dollar on Sept. 18, powered by foreign investors’ week-long stock bu...

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...

It is critical that the South Korean government and carmakers swiftly move to increase local charging stations for electric vehicles and secure raw ma...

The National Pension Service has decided to stop paying management fees for project funds to be launched by South Korean private equity firms, after r...

Korean Air Lines Co. will provide $950 million in loans to its fully owned US hotel operator which has $900 million in debt maturing this month, the c...

South Korea’s pension funds including the National Pension Service sold off a net 3.12 trillion won ($2.6 billion) worth of domestic equities fr...