CalSTRS, POBA launch $600 mn US property loan JV
The California State Teachers’ Retirement System (CalSTRS) and South Korea's Public Officials Benefit Association (POBA) have launched a $600 ...
Team Fresh secures $6 mn via stake sale to DSC Investment
South Korea-based venture capital firm DSC Investment announced on Apr. 27 that it has acquired a 6.5% stake, valued at around 6.5 billion won ($5.8...
Korean-made small SUVs reach 50% share in US market
Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...
Korean-made small SUVs reach 50% share in US market
Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...
Big data firm FiscalNote eyes SPAC listing in US; valuation could top $1 bn
FiscalNote, a Washington D.C.-based tech firm that uses artificial intelligence and big data to track, predict and analyze regulation and legislatio...
Second-tier chipmakers ramp up investments amid chip shortage
Second-tier chipmakers have been ramping up investment to boost their footing in the industry as they expect chip demand to gradually increase in li...
Hyundai Motor chairman visits US, seeks business opportunities
Hyundai Motor Group Chairman Chung Euisun is visiting the United States seeking business opportunities in one of the South Korean automotive group&r...
DONT PUBLISH/EDIT ONLY: FiscalNote en route to US listing; valuation to reach $2 bn
FiscalNote, a Washington D.C.-based tech firm that uses artificial intelligence and big data to track, predict and analyze regulations and legislati...
Naver mulls US listing for webtoon business
South Korea’s top online portal Naver Corp. is considering more dollar bond sales after it raised $500 million last month in its first foreign...
Samsung unveils mid-band 5G equipment to target $9.9 bn US market
Samsung Electronics Co. has unveiled a range of fifth-generation wireless equipment solutions targeting the US mobile service market, expected to ac...
GM, LG to build second US EV battery plant in Tennessee
LG Energy Solution Ltd. and General Motors Co. will spend 2.7 trillion won ($2.4 billion) to build their second US electric vehicle battery plant in...
POSCO Chem to build cathode factories in EU, US from 2022
POSCO Chemical Co., the secondary battery materials unit of POSCO, plans to ramp up its cathode production by building new plants in Europe and the ...
SK expands EV profile with Signet EV acquisition, Polestar investment
SK Group will enter the fast-growing electric vehicle (EV) charger market by acquiring a majority stake in South Korea’s industrial charger ...
Samsung walks tightrope on US investment; invited to White House talks
Samsung Electronics Co., the only South Korean company invited to a special White House meeting on the global semiconductor shortage, is likely to f...
Iyuno-SDI Group raises $160 mn follow-on investment from SoftBank
Iyuno-SDI Group, a South Korean content localization firm, has received $160 million in funding from SoftBank Vision Fund 2, a follow-on investment ...
Naver invests $150 million in Indonesia’s No.1 media group Emtek
South Korea’s online platform giant Naver Corp. has invested $150 million in Elang Mahkota Teknologi (Emtek), Indonesia’s largest techno...
SK Group eyes jackpot from investment in battery maker SES
South Korea’s SK Group is expected to pocket at least a tenfold return from its investment in electric vehicle battery startup SES as the batt...
Cuckoo home appliances post record sales in US, Vietnam
South Korea’s leading kitchen appliances maker Cuckoo Holdings Co. has posted record growth in overseas sales, largely driven by successes i...
Kakao in talks to buy US fiction app in heated IP rivalry
South Korea's mobile giant Kakao Corp. is in negotiations to buy the management rights of US-based mobile fiction startup Radish Fiction for around ...
Hyundai Motor to launch Genesis in China, posts record US sales
Hyundai Motor Co. and sister firm Kia Corp. posted their best-ever March and first-quarter sales in the US, where the South Korean companies are wor...
BOK to stop investing in low ESG scorers
South Korea’s central bank will exclude companies with low ESG ratings from its portfolio of foreign currency assets. The Bank of Korea has de...
ITC rules in favor of SK Innovation over LG Energy in US battery patent suit
The International Trade Commission (ITC) has ruled in favor of SK Innovation Co. in a US battery patent suit filed by LG Energy Solution Ltd., which...
SK E&S to invest $1.4 bn in Australia LNG project
SK E&S Co. will invest $1.4 billion in a gas field development project offshore northern Australia that had been postponed due to the global pan...
Korean military fund to double average investment size
South Korea’s Military Mutual Aid Association (MMAA) intends to nearly double its average investment size to 100 billion won ($88 million) as ...
Nexon invests $874 mn in Hasbro, Japan’s game giants
South Korea’s Nexon Co. has disclosed investments in the global entertainment sector made last year, totaling $874 million or 58% of the amoun...
Hanwha seeks to acquire Overair; invest in satellite, drone companies
Hanwha Systems Co., the defense and information technology service unit of Hanwha Group, is seeking to purchase the entire stake of US air taxi star...
Kurly hires Goldman, JPMorgan, Morgan Stanley for US listing
Kurly Inc., the operator of premium grocery delivery platform Market Kurly, will push forward in its US IPO aims with three global investment banks ...
KT to bolster content creation with $350 mn investment by 2023
South Korea’s telecom giant KT Corp. plans to expand its content business with an investment of 400 billion won ($353 million) by 2023. The co...
KIC, Hyundai Heavy to co-invest $900 mn in growth firms
The sovereign wealth fund Korea Investment Corporation (KIC) will make co-investments worth up to 1 trillion won ($900 million) alongside the Hyunda...
Travel platform Yanolja eyes US IPO in dual listing
South Korea’s largest travel platform Yanolja has begun the internal process to list in both the US and South Korea, by which the company expe...
