North Asia-focused MBK
Scope
Date
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Content platforms
KT conducts reshuffle ahead of launching South Korea's top OTT service
Korea's telecom giant KT Corp. has reshuffled its media business units ahead of the pending absorption of its over-the-top (OTT) video platform Se...
Dec 01, 2022 (Gmt+09:00)
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Mergers & Acquisitions
MBK to buy Medit at lower price than Carlyle-GS bid
MBK Partners, a leading Asian private equity firm, is set to buy Medit Corp. at a lower price than a bid from the US PE giant The Carlyle Group-led ...
Nov 29, 2022 (Gmt+09:00)
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Mobile networks
SK Telecom to team up with Singapore's Singtel for metaverse venture
SK Telecom Co. on Tuesday said it signed a memorandum of understanding (MOU) with Singapore's top telecom provider Singtel Group on joint business o...
Nov 29, 2022 (Gmt+09:00)
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Food & Beverage
SK expands sustainable food biz with $7.5 mn US investment
SK Inc., the holding company of South Korea’s No. 2 conglomerate SK Group, has expanded its sustainable food business by investing in a US-bas...
Nov 25, 2022 (Gmt+09:00)
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North Korea
‘The Rebel and the Kingdom’ Review: Rebel With a Righteous Cause
On Feb. 22, 2019, a man calling himself Matthew Chao knocked on the door of the North Korean embassy in Madrid, with a gift for the embassy’s ...
Nov 24, 2022 (Gmt+09:00)
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Automobiles
GM Korea to shut one production line to focus on small cars
General Motors Co. plans to shut down a production line in South Korea as the US automaking giant aims to focus on manufacturing small cars in the c...
Nov 22, 2022 (Gmt+09:00)
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North Korea
Kim Jong-un appears with daughter in public for first time
North Korean leader Kim Jong-un has unveiled for the first time his second child, daughter Ju-ae, who was born in 2013.The Korean Central News Agenc...
Nov 21, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis joins hands with Lion Group to move into Malaysian logistics market (edited)
Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...
Nov 17, 2022 (Gmt+09:00)
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Chemical Industry
Samyang transitions to white biotech with S.Korea’s first isosorbide plant
Samyang Group, a diversified conglomerate, has long focused on the chemicals and foodstuffs sectors. While adding to its existing chemicals bus...
Nov 17, 2022 (Gmt+09:00)
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Energy
Taihan Cable wins $24 million deal to build power grid in California
Taihan Cable & Solution Co., a South Korean electric wire maker, said on Wednesday it has won a $24 million deal to build a power grid in the US...
Nov 16, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis, Malaysia’s Lion Group to enter ASEAN logistics market
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Wednesday it has signed an initial agreement with Malaysi...
Nov 16, 2022 (Gmt+09:00)
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Chemical Industry
SK Geo Centric to build Asia's biggest advanced recycling plant with British partner
South Korea's SK Geo Centric, the green chemical subsidiary of SK Innovation, will build Asia's largest advanced recycling (pyrolysis) plant in the ...
Nov 16, 2022 (Gmt+09:00)
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Korean startups
Korean startup Perigee aspires to become Asia's SpaceX, MOU with PhilSA
Daejeon-based Perigee Aerospace Inc. has taken a number of steps with the aim of becoming the next Space Exploration Technologies Corp. (SpaceX), th...
Nov 16, 2022 (Gmt+09:00)
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IPOs
Miniforce producer aims to become Asia's top children's platform with IPO
The South Korean producer of famous animated series such as Miniforce aims to become Asia’s top children's platform by way of an initial publi...
Nov 15, 2022 (Gmt+09:00)
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Retail
Lotte Mart bulks up in SE Asia to make up for China failure
Indonesia was the destination for Lotte Group Chairman Shin Dong-bin’s first overseas business trip in August, after being granted a special p...
Nov 07, 2022 (Gmt+09:00)
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Construction
Doosan Enerbility to supply offshore wind substructures to Orsted
South Korea’s leading power plant builder Doosan Enerbility Co. said on Thursday that its Vietnamese subsidiary has signed an agreement to pro...
Nov 04, 2022 (Gmt+09:00)
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North Korea
North Korea Barrages south with missiles; South Korea swiftly responds
SEOUL—North Korea unleashed its biggest barrage in years, firing nearly two dozen missiles, including one that flew south of its disputed mari...
Nov 03, 2022 (Gmt+09:00)
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E-commerce
Coupang launches ultra-fast Rocket Delivery service in Taiwan
Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, said on Wednesday it has launched its ultra-fast delivery service in...
Oct 26, 2022 (Gmt+09:00)
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ASK 2022
Teachers' Pension continues focus on global residential, logistics
South Korea’s Teachers’ Pension (TP) will continue its focus on residential and logistics in global real estate investments next year, t...
Oct 26, 2022 (Gmt+09:00)
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ASK 2022
KIC to focus on tech ventures, private debt, infrastructure
Korea Investment Corporation (KIC) will continue to look for opportunities in private debt and venture capital investment with mid- to long-term gro...
Oct 26, 2022 (Gmt+09:00)
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Electric vehicles
GM may consider producing EVs in South Korea
CHANGWON, South Gyeongsang Province -- General Motors Co. may consider making electric vehicles in South Korea, the country manager said on Wednesda...
Oct 19, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Kakao’s power outage casts doubts over growth strategies
South Korea’s mobile platform giant Kakao Corp. is facing increasing concern over its growth strategies centered on business expansions throug...
Oct 17, 2022 (Gmt+09:00)
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Automobiles
Hyundai to shift gear toward software-centric cars from 2023
Hyundai Motor Group will introduce software-defined vehicles (SDVs) that receive wireless software updates for models to be released from next year,...
Oct 12, 2022 (Gmt+09:00)
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Corporate strategy
Hanwha Group needs to stay innovative to succeed, CEO says
South Korea’s chemicals-to-defense conglomerate Hanwha Group needs to look ahead and prepare for the next century, its Chairman and CEO Kim Se...
Oct 11, 2022 (Gmt+09:00)
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Markets
Stay in market despite rising interest rates: Howard Marks
NEW YORK – Investors should stay in the financial market as rising interest rates have put the values of assets such as stocks and bonds at ap...
Oct 11, 2022 (Gmt+09:00)
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Corporate governance
Korea’s Aju to spin off key building material business
South Korea’s Aju Group is set to split its parent company into a construction material firm and an investment corporation to enhance its prof...
Sep 30, 2022 (Gmt+09:00)
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Banking & Finance
Korea Investment & Securities and Stifel Financial form joint venture
Korea Investment & Securities Co., a subsidiary of Korea Investment Holdings, announced on Wednesday that it has formed a joint venture with Mis...
Sep 28, 2022 (Gmt+09:00)
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Real estate
IGIS Asia, Quadreal to form JV for warehouse development in Korea
IGIS Asia Investment Management Pte., the Singapore-based subsidiary of South Korea’s largest real estate manager IGIS Asset Management, and V...
Sep 28, 2022 (Gmt+09:00)
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Korean stock market
Korea's Kospi plunges to year's record low close on foreign selling
South Korea’s main bourse Kospi dropped 1.81% to finish at 2,290.00 on Sept. 23, hitting a new low closing for the year amid growing woes over...
Sep 25, 2022 (Gmt+09:00)
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Batteries
LG Energy in cobalt, lithium deals with three Canadian suppliers
South Korea’s LG Energy Solution Ltd. said on Friday it has signed battery materials supply deals with three Canadian minerals companies &ndas...
Sep 23, 2022 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess