US solar JV
Scope
Date
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War in Ukraine
Perfect storm from Ukraine crisis clouds Korea Inc.’s outlook
South Korean companies had dreamed of a post-COVID-19 earnings recovery as the globe geared up for economic reopening. But their hopes are now dampe...
Feb 25, 2022 (Gmt+09:00)
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Food & Beverage
New York third US state to recognize kimchi's Korean origin
Korean food is all about ingredients, which alongside various fermentation techniques, have made kimchi a global side dish enjoyed not just as centr...
Feb 25, 2022 (Gmt+09:00)
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Sovereign wealth funds
KIC boosts hedge fund investing with Seoul Guarantee Insurance
Korea Investment Corporation (KIC) signed an agreement on Feb. 24 with Seoul Guarantee Insurance Company (SGI) to co-invest in overseas hedge fund...
Feb 24, 2022 (Gmt+09:00)
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Economy
Tougher sanctions on Russia put S.Korean exporters on high alert
As the US and its allies are toughening up sanctions against Russia, South Korean exporters of smartphones, home appliances to automobiles are raisi...
Feb 24, 2022 (Gmt+09:00)
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Energy
LG Electronics to pull out of solar panel market
South Korea's LG Electronics Inc. said on Wednesday it has decided to close its solar panel business in the face of deepening competition and sluggi...
Feb 23, 2022 (Gmt+09:00)
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Carbon neutrality
US Novelis to build $53 mn aluminum recycle center in Korea
Novelis Inc., the world’s top aluminum recycler, is set to invest $53 million in another recycling and casting center in South Korea to meet t...
Feb 22, 2022 (Gmt+09:00)
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Business & Politics
LG recruits former WH deputy chief of staff Joe Hagin for govt relations
LG Corp. announced on Sunday that the group has recruited former White House deputy chief of staff Joe Hagin for its Washington D.C. office. Ha...
Feb 21, 2022 (Gmt+09:00)
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M&As
LS-Nikko Copper to sell $670 million JV stake to Korean PEFs
LS-Nikko Copper Co., the world’s second-largest electrolytic copper maker, is set to sell an 800 billion won ($670 million) stake in a joint v...
Feb 20, 2022 (Gmt+09:00)
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Mergers & Acquisitions
LG Energy acquires ESS company in US from Japan's NEC
LG Energy Solution Ltd. has acquired US-based NEC Energy Solutions to expand its capabilities into the energy storage system (ESS) integration mar...
Feb 17, 2022 (Gmt+09:00)
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Korean games
Game stocks plunge in S. Korea, US
Game shares in South Korea and the United States have plunged, hit by worse-than-expected earnings. Online game developers in Korea have also b...
Feb 17, 2022 (Gmt+09:00)
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Korean biotech startup signs license deal with US firm
South Korea's biotech startup Novelty Nobility Inc. has signed a global license agreement for its antibody treatment candidate with a US biopharmace...
Feb 17, 2022 (Gmt+09:00)
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Food & Beverage
Shinsegae acquires Napa Valley winery Shafer Vineyards for $250 million
South Korea’s retail giant Shinsegae Inc. has acquired US winery Shafer Vineyards for $250 million to consolidate its leadership in the domest...
Feb 16, 2022 (Gmt+09:00)
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Pension funds
Thoma Bravo may attract $200 mn from NPS, KTCU
National Pension Service (NPS), Korean Teachers’ Credit Union (KTCU) and other institutional investors of South Korea are likely to contribute...
Feb 16, 2022 (Gmt+09:00)
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Korean startups
KAIST Holdings to open US offices with $8.4 bn value in mind
The Korea Advanced Institute of Science and Technology (KAIST) on Tuesday announced the blueprint to strengthen its foothold in the United States an...
Feb 15, 2022 (Gmt+09:00)
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Private equity
Stockbridge names former NPS real estate expert as its MD
Stockbridge Capital Group LLC, a US real estate investment firm, announced on Feb. 10 that David Park has joined the firm as a managing director. ...
Feb 14, 2022 (Gmt+09:00)
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China stocks
Korean money flows to China exceed investment in North America
South Korean money inflows to Chinese stocks exceeded investment in North America as sluggish US shares spurred investors to bet on a recovery in th...
Feb 14, 2022 (Gmt+09:00)
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Petrochemicals
Samsung hires ex-US Amb. Lippert as PR chief for N.American business
WASHINGTON D.C. – Samsung Electronics Co. has hired Mark Lippert, former US ambassador to South Korea, as an executive in charge of corporate ...
Feb 10, 2022 (Gmt+09:00)
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Korean startups
Nuvilab uses the latest tech to tackle age-old issue of food waste
South Korea’s food data analysis firm Nuvilab, Inc. is not a household name – at least yet. The startup is rather familiar to investors...
Feb 09, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Singapore approves Korean Air-Asiana combination
Singapore’s antitrust authority approved the integration of Korean Air Lines Co. and Asiana Airlines Inc., paving the way for South Korea&rsqu...
Feb 09, 2022 (Gmt+09:00)
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Alternative investments
POBA, CalSTRS invest $235 mn in two US multifamily asssets
Public Officials Benefit Association (POBA) of Korea and The California State Teachers’ Retirement System (CalSTRS) have jointly invested $235...
Feb 08, 2022 (Gmt+09:00)
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Batteries
LG Energy to spend $1.7 bn to hike Michigan battery capacity fivefold
The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. is spending $1.7 billion to expand its battery production ca...
Feb 07, 2022 (Gmt+09:00)
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Pharmaceuticals
Celltrion, Humasis to ship $300 mn COVID-19 test kits to US
South Korea's biopharmaceutical company Celltrion Inc. and diagnostic kit manufacturer Humasis Co. have signed contracts to supply their jointly-dev...
Feb 04, 2022 (Gmt+09:00)
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Entertainment
All of Us Are Dead ends boost to related stocks
Netflix’s new original drama series All of Us Are Dead was another South Korean drama hit, but stocks related to the new zombie thriller have ...
Feb 03, 2022 (Gmt+09:00)
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Batteries
SK on eve of jackpot from NYSE debut of US battery maker SES
SK Inc., the investment-focused holding company of South Korea’s SK Group, is set to pocket a sixfold return from its investment in SES Holdin...
Feb 03, 2022 (Gmt+09:00)
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Energy
Samsung C&T to invest $70 mn in US nuclear fission tech provider
Samsung C&T Corp. is set to invest up to 85 billion won ($7 million) in US nuclear fission technology provider NuScale Power, LLC. NuScale Power...
Feb 03, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia post record US car sales as Japanese firms struggle
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their combined auto sales in the US rise to their highest leve...
Feb 03, 2022 (Gmt+09:00)
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Batteries
Samsung SDI in talks with global automaker for battery joint venture
South Korea’s Samsung SDI Co. is in talks with a global automaker to launch a battery production joint venture following its partnership last ...
Jan 28, 2022 (Gmt+09:00)
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Korean chipmakers
US survey findings on chip shortage rattle global chipmakers
The US government’s release on Tuesday of its findings on the reasons behind the global chip shortage is raising concerns among chipmakers, wi...
Jan 26, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Bain Capital seals 3rd beauty M&A deal in S.Korea
Bain Capital on Thursday agreed to buy a majority stake in South Korea's medical aesthetic device manufacturer Classys Inc. for 670 billion won ($56...
Jan 26, 2022 (Gmt+09:00)
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Artificial intelligence
Naver recruits two AI scholars based in US
Naver Corp. is ramping up its recruitment of global talent in artificial intelligence. The South Korean tech giant announced Monday that it h...
Jan 25, 2022 (Gmt+09:00)
Latest News
- 1 Xiaomi to open first offline store in S.Korea with premium products
- 2 Loss-making Lotte Chemical to sell water treatment unit to Synopex
- 3 Google to invest $100 mn in Gentle Monster in smart glasses push
- 4 Growth equity portfolio largely shielded from policy headwinds: Summit
- 5 Naver Financial seeks to acquire S. Korean real estate data platform Asil