SK Group invests $250 mn in Bill Gates’ nuclear reactor firm TerraPower
South Korea’s SK Group said on Monday it invested $250 million in TerraPower, a US venture founded by billionaire Bill Gates. The holdi...
Samsung Electronics to announce plans to join RE100 Initiative
Samsung Electronics Co., the world’s largest smartphone and memory chipmaker, will soon join The Climate Group’s RE100 Initiative as the...
NCSOFT delays key game launches, darkening H2 outlook
NCSOFT Corp., South Korea’s leading games developer, postponed the releases of key games that could attract new users, clouding its business o...
NXP expands cooperation with Korean security startups
NXP Semiconductors NV, a global leading automotive chipmaker, is expanding partnerships with South Korean security startups to secure new semiconduc...
Specialty finance emerging on resiliency, diversification: M&G Investments
As global investors are seeking ways to protect their investment returns in an inflationary, rising rate environment, some asset managers are eyeing...
It's time for individual investors to bet on stocks: Carlyle's David Rubenstein
A lot of stock investors have jumped into the bullish market in recent years. But global inflation and recession appear as threats to invest...
Specialty finance emerging on resiliency, diversification: M&G Investments
As global investors are seeking ways to protect their investment returns in an inflationary, rising rate environment, some asset managers are eyeing...
US private equity giant Apollo making inroads into Korea
Apollo Global Management Inc., a US private equity powerhouse, is set to launch a credit business in South Korea, aiming for the local private lendi...
US private equity giant Apollo to make inroads into Korea
Apollo Global Management Inc., a US private equity powerhouse, is set to start the credit business in South Korea, aiming for the local private lend...
DeFi platform Neopin unveils plan for Web 3.0, NFT, multichain services
Blockchain firm Neopin announced its strategy to strengthen its foothold in the global DeFi Market on Thursday with four keywords: Web 3.0, multicha...
LG Energy to power all its global operations with renewable energy by 2025
LG Energy Solution Ltd., South Korea’s top battery maker, plans to power all its global production sites with only renewable energy by 2025 to...
SK Nexilis to unveil ultra-high strength EV battery copper foil
SK Nexilis Co., a unit of South Korean chemical materials maker SKC Ltd., has developed technology to mass produce ultra-high strength copper foil, ...
Corporate Korea pumps the brakes on developer pay hikes
South Korea’s biggest technology companies are taking a breather from their spending spree on hiring and retaining top developers, which has b...
Korean smartphone parts makers' stocks rebound in July
South Korea’s smartphone parts makers' shares are showing signs of a rebound following a steady decline since early this year. China’s s...
Samsung develops next-generation data storage device
Samsung Electronics Co. on Thursday unveiled an upgraded data storage device that significantly reduces the computer processing time and energy cons...
Korea’s battery recycling company SebitChem seeks IPO
SebitChem Co., South Korea’s secondary battery recycling company, is seeking an initial public offering, taking advantage of investors’ ...
Blockchain game developer Planetarium Labs raises $32 mn
Planetarium Labs raised $32 million in a Series A funding round, led by Animoca Brands, and joined by Samsung Next, WeMade, and Krust Universe.The s...
Korea hydrogen council launches $382 mn fund
The Korea H2 Business Summit, a business council established by South Korea’s leading conglomerates to invest in the hydrogen industry, launch...
Korea inflation at 24-year high, adds to big step views
South Korea’s inflation accelerated to a 24-year high last month, reinforcing expectations that the central bank may raise interest rates by 5...
POSCO Chemical, Britishvolt sign initial deal for battery materials
POSCO Chemical Co., a unit of South Korea’s top steel maker, and UK electric vehicle startup Britishvolt Ltd. have signed an initial agreement...
Hyundai showcases IONIQ 6, electrified streamliner
Hyundai Motor Co. on Wednesday unveiled the design of the IONIQ 6, its first all-electric sedan on an exclusive EV platform, with which South Korea&...
Samsung nears 3-nano chip mass production ahead of TSMC
Samsung Electronics Co. is close to mass producing 3-nanometer chips based on a next-generation ultramicro fabrication process as a global first and...
South Korea to invest $794 million in AI chips, nurture 7,000 experts
The South Korean government has decided to invest 1.02 trillion won ($794 million) in the artificial intelligence semiconductor sector and foster ov...
Korea Woori Card to start installment finance biz in Indonesia
Woori Card Co. is set to start the installment finance business in Indonesia, Southeast Asia’s largest economy as the credit card unit of Sout...
1 in 4 biotech firms struggles with decreasing cash reserves
South Korea’s biotechnology firms – public and private alike – are facing increasingly negative financial conditions. T...
Economist Cho Soon 'the Keynes of South Korea' dies at 94
South Korea’s former finance minister and central bank governor Cho Soon died at 94 of natural causes on Thursday.Cho, a renowned economist ca...
Samsung SDI to develop cylindrical batteries for Tesla, other EV makers
Leading South Korean battery maker Samsung SDI Co. is ramping up facilities for cylindrical batteries to supply its products to Tesla Inc. and oth...
Doosan adds chip post-processing to list of growth drivers
Doosan Group has added semiconductor post-processing services to its core businesses and plans to invest 1 trillion won ($774 million) in its microc...
LG Energy to invest $451 mn in mass production of Tesla’s 4680 battery cells
LG Energy Solution Ltd. announced Monday it will invest 580 billion won ($451 million) to manufacture battery cells for Austin-based Tesla, Inc.The ...
Mirae Asset Securities develops world's first virtual trading system
Mirae Asset Securities Co. announced Thursday it has developed the prototype for the world’s first virtual trading system (VTS,) which allows ...
