Shinhan SOL KEDI Mega Tech Active ETF Fund
Scope
Date
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Metaverse
Samsung Elec. showcases virtual playground on Roblox
Samsung Electronics Co. unveiled a virtual playground within Roblox, the world’s top metaverse game platform with 54 million users a day, as t...
Jul 12, 2022 (Gmt+09:00)
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Private equity
Korean PE firms' 2021 funds bet on parts makers, dividend stock
IMM Investment Co. and STIC Investments Co., the two most active South Korean private equity firms in 2021 fundraising, made bets on a dividend-focu...
Jul 08, 2022 (Gmt+09:00)
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Korean startups
Hansol Paper joins Series A funding for RIU worth $1.5 mn
Hansol Paper Co. announced Thursday that it participated as a strategic investor in a Series A funding worth 2 billion won ($1.5 million) for South ...
Jul 08, 2022 (Gmt+09:00)
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Korean games
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...
Jul 08, 2022 (Gmt+09:00)
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Pension funds
Korean retirement funds, mutual aids struggle with profitability
Some major retirement funds in South Korea are raising interest rates on their members’ savings accounts in line with global central banks&rsq...
Jul 07, 2022 (Gmt+09:00)
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Hydrogen economy
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...
Jul 07, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Lotte Chemical, Bain Capital among bidders for Korea’s Iljin Materials
The much-touted sale of a controlling stake in Iljin Materials Co., a leading South Korean battery materials maker, is flagging as big spenders are ...
Jul 01, 2022 (Gmt+09:00)
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Metaverse
Meta, Seoul National University jointly set up XR research center
Meta Platforms Inc., formerly known as Facebook, and Seoul National University (SNU) jointly launched an extended reality (XR) research center in So...
Jun 30, 2022 (Gmt+09:00)
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Corporate investment
LG eyes clean tech supremacy with $1.5 bn spending on green projects
South Korea’s fourth-largest conglomerate LG is setting its sights on clean energy technology as it steps up efforts to transform into an eco-...
Jun 30, 2022 (Gmt+09:00)
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Pension funds
Military fund to raise payouts with interest rate increases
South Korea’s Military Mutual Aid Association (MMAA) has decided to raise the interest rates of the members’ savings products by 25 to 4...
Jun 28, 2022 (Gmt+09:00)
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Pension funds
More LPs tap ex-Samsung Life professionals as CIOs
A number of financial experts who built their careers at Samsung Life Insurance Co. are in the spotlight as more South Korean pension funds and mutu...
Jun 20, 2022 (Gmt+09:00)
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Aerospace & Defense
Axiom Space invites Koreans to $500 million space hotel fundraising
Axiom Space Inc., which is developing the world’s first commercial space station, is seeking to raise $500 million from South Korean investors...
Jun 20, 2022 (Gmt+09:00)
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Tech, Media & Telecom
Tech experts to discuss future mega-trends at KIF 2022
The Korea Investment Festival (KIF), the largest annual investor relations (IR) event in South Korea, will be held June 29-30 at the Fairmont Ambass...
Jun 17, 2022 (Gmt+09:00)
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Corporate restructuring
SK Gas to sell Istanbul tunnel stake to Qatari fund for $111 mn
SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier, is poised to sell its stake in an operator of the Eurasia Tunnel in...
Jun 16, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha invests $115 mn in urban air mobility firm Overair
South Korea’s Hanwha Systems Co. and Hanwha Aerospace Co. have invested a combined $115 million in Series B funding for Overair Inc., a Califo...
Jun 15, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea webtoon startup Kenaz acquired by hedge fund
South Korea’s leading webtoon production startup Kenaz was taken over by a domestic hedge fund as it aims to reduce dependence on major platfo...
Jun 15, 2022 (Gmt+09:00)
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Blockchain
South Korean tech juggernauts turn their characters into NFTs
South Korea’s tech behemoths are turning the companies’ characters into non-fungible tokens (NFTs) with the aim of creating an intellect...
Jun 13, 2022 (Gmt+09:00)
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Bio & Pharma
Korean bio firms flock to US as SV Invest eyes $100 million bio fund
SV Investment, a South Korean venture capital and private equity firm, is looking to launch a $100 million bio fund in the US as a growing number of...
Jun 13, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Daewoo to develop offshore carbon capture tech with ABS, GasLog
South Korea’s major shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME), said on Friday it will join forces with marine asset ...
Jun 10, 2022 (Gmt+09:00)
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Private debt
Korean LPs join Antares Capital’s $3.5 bn credit fund
A few key institutional investors in South Korea are set to commit up to $300 million to a $3.5 billion private credit fund by US private debt man...
Jun 10, 2022 (Gmt+09:00)
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Automobiles
Startup tapped to lead S.Korea’s autonomous car security project
South Korea has embarked on a public-private project to bolster communication security for autonomous driving, for which a domestic startup will pla...
Jun 09, 2022 (Gmt+09:00)
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Corporate bonds
It's time to bet on high-yield bond funds: Barings
High-yield bonds generally create greater yields than other funds, but low-quality bonds are vulnerable to economic downturns and the firms’ c...
Jun 09, 2022 (Gmt+09:00)
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Venture capital
South Korean startups raise record-high Series A funding
South Korea's early stage startups raised a record amount of funding in the last 12 months.Even though venture capital firms at home and abroad are ...
Jun 08, 2022 (Gmt+09:00)
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Retail
KT&G sues its top contract manufacturer over patents
KT&G Corp., the world’s fifth-largest tobacco company, has sued its largest e-cigarette outsourcing firm EM-Tech. Co., claiming the co-dev...
Jun 07, 2022 (Gmt+09:00)
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Arts
LG to sponsor Guggenheim’s move for tech-based art
LG Group, South Korea’s No. 4 conglomerate, is set to support the Guggenheim’s move for technology-based art as the consumer electronics...
Jun 03, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Dubai sovereign fund in talks with Global Sae-A to sell Ssangyong E&C
Dubai’s sovereign wealth fund is discussing the sale of Ssangyong Engineering & Construction Co. to a South Korean textile business group....
Jun 02, 2022 (Gmt+09:00)
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Korean startups
Startup ministry taps 60 future unicorns for $240,000 assistance
The Ministry of SMEs and Startups announced Wednesday it has selected 60 promising startups to which it will provide financial assistance and expert...
Jun 02, 2022 (Gmt+09:00)
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Korean startups
Hyundai Motor Group to launch $80 mn startup fund
Hyundai Motor Group and the group’s social contribution foundation will create a domestic startup fund to invest a total of 100 billion won ($...
May 31, 2022 (Gmt+09:00)
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Real estate
KTCU posts $141 mn return via landmark office exit
The sale of South Korea’s landmark office Alpharium Tower has been completed for 1.02 trillion won ($827.3 million), marking a record-high pri...
May 30, 2022 (Gmt+09:00)
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Pension funds
NPS to slash Korean asset proportion, increase overseas stocks
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, has adjusted its five-year asset allocation plan to enh...
May 27, 2022 (Gmt+09:00)
Latest News
- 1 Google to invest $100 mn in Gentle Monster in smart glasses push
- 2 Growth equity portfolio largely shielded from policy headwinds: Summit
- 3 Naver Financial seeks to acquire S. Korean real estate data platform Asil
- 4 KakaoBank shares surge on Thai virtual bank approval
- 5 Lotte Biologics signs antibody drug CMO deal with UK’s Ottimo Pharma