aerospace defense fund
Scope
Date
~
-
Real estate
IGIS fund defaults on loan linked to German office
A 370-billion-won ($270 million) real estate fund managed by IGIS Asset Management Co. faces a heavy loss from its investment in Trianon, a landmark...
Jun 04, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
Hanwha Ocean, Canadian firms to collaborate on submarine projects
South Korea's Hanwha Ocean Co. announced on Friday that it partnered with three Canadian companies at Canada’s largest defense exhibition, CAN...
May 31, 2024 (Gmt+09:00)
-
Pension funds
NPS logs 5.8% return in Q1 led by US tech stock rally
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, posted a 5.82% investment return for the first quarter ...
May 30, 2024 (Gmt+09:00)
-
Real estate
Korean brokerage firms seek to raise $1.2 bn in property funds
South Korean brokerage firms are scurrying to raise more than 1.7 trillion won ($1.24 billion) in private equity funds to bet on soured property loa...
May 24, 2024 (Gmt+09:00)
-
Hydrogen economy
Hanwha Aerospace, Hanwha Ocean to develop hydrogen fuel cells
South Korea's Hanwha Aerospace Co. announced on Friday that it will join Hanwha Ocean Co. in a joint R&D initiative to target the eco-friendly...
May 24, 2024 (Gmt+09:00)
-
Construction
Korea Eximbank provides $1 bn in PF for Saudi Amiral project
The Export-Import Bank of Korea (Eximbank) announced on Thursday that it will provide $1 billion in project financing for the Amiral petrochemical f...
May 23, 2024 (Gmt+09:00)
-
Sovereign wealth funds
KIC eyes direct lending with high return potential: CEO
Sovereign wealth fund Korea Investment Corporation (KIC) seeks opportunities in direct lending for companies that are not cyclically sensitive and g...
May 21, 2024 (Gmt+09:00)
-
Korean stock market
MSCI Korea Index adds Alteogen, Enchem, HD Hyundai Electric
South Korea's Alteogen Inc., Enchem Co., and HD Hyundai Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index.MS...
May 16, 2024 (Gmt+09:00)
-
Economy
Korea’s household debt growth at 5-month high on mortgages
South Korea’s household lending growth hit a five-month high in April as mortgage loans increased amid signs of a recovery in the property mar...
May 13, 2024 (Gmt+09:00)
-
Bio & Pharma
MedInTech attracts $14.6 mn series B investment
MedInTech Inc., South Korea's medical smart endoscopes startup, announced on Monday that it attracted a series B investment of 20 billion won ($14.6...
May 13, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
Hanwha buys S’pore Dyna-Mac’s stake for $73.8 mn from Keppel
South Korea’s chemicals-to-defense conglomerate Hanwha Group bought a stake in Dyna-Mac Holdings Ltd., a Singaporean floating facility designe...
May 13, 2024 (Gmt+09:00)
-
Corporate investment
Shinhan, POSCO invest $20 mn in Australian hydrogen startup Hysata
South Korean steel giant POSCO Holdings Inc. and banking conglomerate Shinhan Financial Group have invested a combined US$20 million in Australian g...
May 10, 2024 (Gmt+09:00)
-
Korean stock market
Korea to launch alternative stock exchange in 2025
South Korea will launch the country’s first alternative stock exchange Nextrade Co. in the first half of next year to enable stock trading for...
May 09, 2024 (Gmt+09:00)
-
Venture capital
VC firm DSC Investment forms Korea's largest secondary fund
South Korean asset manager DSC Investment has formed the country’s largest-ever fund for venture capital secondaries to explore opportunities ...
May 09, 2024 (Gmt+09:00)
-
Venture capital
UAE to invest up to $1 bn in S.Korean ventures
The United Arab Emirates is set to invest a maximum of $1 billion in South Korean startups via a joint venture, as a part of its mid- to long-term p...
May 07, 2024 (Gmt+09:00)
-
Aerospace & Defense
LIG Nex1 participates in Malaysia's DSA 2024
South Korea's major defense system developer LIG Nex1 Co. announced on Tuesday that it's participating in the Defence Services Asia (DSA) 2024 exhib...
May 07, 2024 (Gmt+09:00)
-
Bio & Pharma
Samsung Life Science invests in US biotech firm Latus Bio
Samsung Life Science Fund, managed by Samsung Group’s venture investment arm, has invested in US biotechnology firm Latus Bio Inc. during the ...
May 03, 2024 (Gmt+09:00)
-
Pension funds
NPS to hike risky asset purchases under simplified allocation system
The National Pension Service (NPS), South Korea’s state-run pension fund, is introducing a new simplified asset allocation guideline under whi...
May 02, 2024 (Gmt+09:00)
-
Pension funds
NPS to commit $1.1 billion to external managers in 2024
South Korea’s National Pension Service (NPS) will select domestic general partners (GPs) to manage about 1.5 trillion won ($1.1 billion) worth...
Apr 28, 2024 (Gmt+09:00)
-
Aerospace & Defense
Hanwha Aerospace, Poland sign $1.6 billion Chunmoo rocket launcher deal
Hanwha Aerospace Co., a leading South Korean defense company, on Thursday signed a $1.64 billion deal to supply 72 units of Chunmoo multiple launch ...
Apr 25, 2024 (Gmt+09:00)
-
Fiber & Textile
Toray Advanced Materials obtains AS9120 certification
Toray Advanced Materials Korea Inc. announced Wednesday that it attained the AS9120 certification for aerospace industry quality management systems ...
Apr 24, 2024 (Gmt+09:00)
-
North Korea
N.Korean hackers attack South’s arms makers for tech data
North Korean hackers allegedly attacked South Korean arms manufacturers and stole technical data from them over more than a year Seoul’s polic...
Apr 23, 2024 (Gmt+09:00)
-
Pension funds
NPS loses $1.2 bn in local stocks in Q1 on weak battery shares
South Korea’s National Pension Service (NPS), the world's third-largest pension fund, lost 1.66 trillion won ($1.2 billion) in domestic stock ...
Apr 21, 2024 (Gmt+09:00)
-
Aerospace & Defense
Innospace, LIG Nex1 to co-work for space, defense business
South Korea's space launch startup Innospace announced on Wednesday that it signed a business agreement with LIG Nex1 Co. for cooperation and commer...
Apr 17, 2024 (Gmt+09:00)
-
Aerospace & Defense
Korea to offer $5 bn insurance for defense exports
South Korea will provide more than 7 trillion won ($5 billion) in insurance this year for domestic defense companies' exports as the country aims to...
Apr 17, 2024 (Gmt+09:00)
-
Private equity
Daesung PE tops Korean venture funds by return in 2018-2023
Daesung Private Equity Inc. in South Korea has become the top local venture capital manager in terms of realized capital gain between 2018 and 2023,...
Apr 17, 2024 (Gmt+09:00)
-
Artificial intelligence
Korea's AI startup Upstage raises $72 mn for global expansion
Upstage, South Korea’s artificial intelligence startup, raised about 100 billion won ($72 million) in its latest funding round, which the comp...
Apr 16, 2024 (Gmt+09:00)
-
Aerospace & Defense
Hyundai Wia targets Chile's advanced arms market
Hyundai Wia Corp., an auto parts and defense unit of Hyundai Motor Group, announced on Thursday that it unveiled advanced weapons systems at the 202...
Apr 12, 2024 (Gmt+09:00)
-
Aerospace & Defense
Korea’s HD Hyundai ties up with GE, L3Harris for warship exports
South Korea’s top shipbuilder HD Hyundai Heavy Industries Co. is joining hands with major US defense technology firms to expand its presence i...
Apr 11, 2024 (Gmt+09:00)
-
Pension funds
NPS' former key players move to law firms as its voting power increases
South Korea’s National Pension Service (NPS) is seeing more and more of its former senior managers moving to top-tier domestic law firms. Ther...
Apr 04, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet