LB Investment draws record demand in IPO bookbuild
LB Investment Inc., formerly known as LG Group’s venture capital arm, has attracted the most orders ever for an initial public offering of a S...
Sales of state-sponsored Korean startups up 40% in 2022
South Korean startups sponsored by the government’s information and communication technology acceleration program, dubbed K-Global Project, sa...
S.Korea’s NPS taps investment strategy head as NY office chief
South Korea’s National Pension Service (NPS) is slated to undergo a management reshuffle for the first time since Chief Investment Officer Seo...
Naver D2SF invests in 3D avatar-based communication startup
Naver's startup-nurturing organization, D2 Startup Factory (D2SF), announced on Wednesday its investment in Goodgang Labs, a company focused on de...
TravelWallet succeeds in attracting $15 mn Series C funding
South Korea's TravelWallet, a global payment service provider, announced on Wednesday that it has raised 19.7 billion won ($15 million) in Series C ...
Global macro investing to revive for more volatile age: M&G
The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they inv...
South Korea says US Chips Act subsidies have too many requirements
SEOUL—The U.S. Chips Act is dangling billions of dollars in subsidies in front of the world’s biggest semiconductor manufactur...
SK C&C to build advanced info systems for Nongshim's overseas corporations
South Korea's SK C&C, an IT services unit of SK Group, on Tuesday said it has started building next-generation information and communications ...
S.Korea's Prestige Biologics attracts $59 mn overseas investment
Prestige Biologics Co., a South Korean biopharmaceutical contract development and manufacturing organization (CDMO) company, announced on Tuesday th...
S.Korean biotech NKMax’s unit aims for US IPO
NKMax Co., a South Korean cancer drug maker, is in talks with local and foreign investors in a bid to list its California-based unit NKGen Biotech I...
Qoo10 to buy another Korean rival for unit’s Nasdaq listing
Southeast Asia-based e-commerce platform Qoo10 Pte. Ltd. is poised to take over a smaller South Korean rival through a stock swap deal, in a bid to ...
Samsung’s Jay Y. Lee walks on tightrope in US, China investments
BEIJING – Samsung Group leader Jay Y. Lee plans to attend the China Development Forum later this month for the first time as the South Korean ...
S.Korean sovereign wealth fund KIC to set up Mumbai office
Sovereign wealth fund Korea Investment Corporation (KIC) has kicked off procedures to open a Mumbai-based office later this year, The Korea Economic...
Noroo Paint, GS E&C jointly develop anti-carbonation paint for concrete
Noroo Paint, in collaboration with GS Engineering & Construction Co., announced on Tuesday the development of "Qfit Protect," a high-performance...
Samsung chief Lee vows bold investment to bolster chip R&D capabilities
Samsung Electronics Co. Chairman Jay Y. Lee pledged another bold investment in the world’s largest memory chipmaker’s next-generation se...
KB Financial Group injects $385.6 million into S.Korea’s real estate PF
South Korea’s KB Financial Group on Monday said it will provide liquidity support for the domestic market for real estate project financing (P...
H2O Hospitality signs MOU with Ministry of Investment of Saudi Arabia
H2O Hospitality Ltd., a South Korean company specializing in digital transformation in the hospitality and leisure industries, announced on Monday t...
Ssangyong E&C wins contract for building ASML Korea campus
Ssangyong Engineering & Construction, a South Korean builder, said on Monday that it has secured a 200-billion-won ($170-million) contract to co...
Hyundai L&C targets China’s interior materials market
Hyundai L&C, a South Korean building materials company under the Hyundai Department Store Group, said on Sunday that it has entered the Chinese ...
Hyundai E&C consortium breaks ground on $7 bn S-Oil Shaheen project
A South Korean consortium led by Hyundai Engineering & Construction Co. has embarked on building 9.26 trillion won ($7 billion) petrochemical fa...
Daewoo E&C wins massive $790 million public project in Libya
South Korea's Daewoo Engineering & Construction Co. has landed a massive order from the General Electricity Company of Libya.Daewoo E&C on F...
Korea's StoneBridge Ventures invests $91 mn in semiconductor, AI
South Korean venture capital investment firm StoneBridge Ventures Inc. announced on Thursday that it has invested a total of 120 billion won ($90.9 ...
SK Networks invests $22 mn in US AI-based device company
South Korea's SK Networks has identified a startup specializing in AI-based devices and software platforms as a new investment target. The startup, ...
POSCO Engineering & Construction renames itself POSCO E&C
POSCO Engineering & Construction, the builder affiliate of South Korea's POSCO Group, has changed its name to "POSCO E&C" to mark the first ...
Yoon’s US visit to test Biden’s trust as ally over chip, battery issues
South Korean President Yoon Suk Yeol’s summit meeting with his US counterpart Joe Biden next month will celebrate 70 years of the Korea-US sec...
S.Korea pledges steps to attract more foreign investment
South Korea will boost foreign investment in the country through increased incentives and deregulation, Finance Minister and Deputy Prime Minister C...
Korea's AI startup Quantit attracts $23 mn Series A investment
South Korea's artificial intelligence (AI) company Vaiv Company Inc. announced on Tuesday that Quantit, its fintech subsidiary, has received a 30 bi...
Concerned about CHIPS Act, Korea says US investment less attractive
South Korea on Monday expressed concerns about the guidelines of the US Chips and Science Act, saying that some of the conditions the US government ...
Jeju Air teams up with startup Plana to explore urban air mobility
Jeju Air Co., South Korea’s largest budget airline, said on Monday that it signed a memorandum of understanding with Plana, a domestic startup...
Mirae Asset, music profit-sharing startup take on security token offerings
South Korea's Fingo Company, which runs the music revenue sharing platform Fingo, on Friday said it signed a memorandum of understanding (MOU) with ...
