KIC, Korean pension funds in hunt for new C-level execs

KIC, Korean pension funds in hunt for new C-level execs

South Korea's Police Mutual Aid Association (PMAA) has been looking for a new chief investment officer for a half year, while the sovereign wealth f...

Kia fully unveils EV6 with new design philosophy

Kia fully unveils EV6 with new design philosophy

Kia Corp. has now revealed full images of the EV6, its first dedicated electric vehicle (EV), ahead of the car’s world premiere on Mar. 30. Th...

LG Energy may build US, Europe plants to supply new batteries to Tesla

LG Energy may build US, Europe plants to supply new batteries to Tesla

LG Energy Solution Ltd. may build an electric vehicle battery plant in the US to supply advanced battery cells to Tesla Inc. for its new models to b...

SK, POSCO agree to develop new lightweight materials for future mobility

SK, POSCO agree to develop new lightweight materials for future mobility

South Korea’s SK Global Chemical, a wholly owned subsidiary of SK Innovation, and POSCO have joined hands to develop steel and plastic composi...

Korea’s military fund looking for new financial division chief

Korea’s military fund looking for new financial division chief

South Korea’s Military Mutual Aid Association (MMAA) is looking for the successor of its financial division chief Kim Jae-dong, whose extended...

KIC names new private equity, absolute return heads

KIC names new private equity, absolute return heads

The Korea Investment Corporation (KIC) has named new heads of its private equity and absolute return groups this week, following the replacement of ...

Young, female, foreign: Hyundai Motor Group’s new BOD

Young, female, foreign: Hyundai Motor Group’s new BOD

South Korea’s Hyundai Motor Group, under its new leader Chung Euisun, is seeking changes on its board of directors, the group's top business d...

LG Innotek to up capex on camera modules ahead of new iPhone launch

LG Innotek to up capex on camera modules ahead of new iPhone launch

South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, will spend 80% of its 2020 operating profit, or 547.8 billion ...

Hanwha Solutions to sell $1.3 bn new shares in clean energy push

Hanwha Solutions to sell $1.3 bn new shares in clean energy push

Hanwha Solutions Corp. plans to raise 1.41 trillion won ($1.3 billion) in a rights offering next month following more than a five-fold jump in its s...

LS Group chairman touted as new KITA head

LS Group chairman touted as new KITA head

The Korea International Trade Association (KITA) is expected to begin the appointment process for its new chair this week. South Korean conglomerate...

Coupang applies for IPO on New York Stock Exchange

Coupang applies for IPO on New York Stock Exchange

Coupang Corp., 37% owned by SoftBank Group, is set to become the first Korean company to list directly on the New York Stock Exchange, with its valu...

Korea Post names new CIOs of savings, insurance arms

Korea Post names new CIOs of savings, insurance arms

Korea Post has appointed new chief investments officers of both its savings and insurance units, in an internal reshuffle of senior managers at the ...

K-pop labels' revenue model shift to usher in new valuations

K-pop labels' revenue model shift to usher in new valuations

South Korean entertainment companies are expanding their scope beyond the music scene and shifting to platform services, ushering in new valuations ...

Long-term treasury yields surge on talk of new relief fund

Long-term treasury yields surge on talk of new relief fund

The ruling Democratic Party’s push to hand out "a substantial amount" of new relief money has rattled the South Korean debt market, sending lo...

Seoul office building transactions at record high in 2020

Seoul office building transactions at record high in 2020

Brisk investment demand drove office building prices higher in Seoul and its southern neighboring area last year, with their combined transactio...

Samsung remains tight-lipped on new US chip plant reports

Samsung remains tight-lipped on new US chip plant reports

Samsung Electronics Co. was reported to be considering investing over $10 billion to build a new chip plant in the US. But the world’s top mem...

Kia drops Motors from name, unveils roadmap for new EV models

Kia drops Motors from name, unveils roadmap for new EV models

Kia Motors Corp., a unit of Hyundai Motor Group, has dropped Motors from its name, as the company breaks away from its traditional manufacturing-dri...

SUVs drive up Hyundai, Kia in US market; G80 named safest car of year

SUVs drive up Hyundai, Kia in US market; G80 named safest car of year

A slate of new sport utility vehicles are driving up Hyundai Motor Group's market share in the US, where its two automaking units have relied on sed...

Delivery Hero welcomes Baemin, seeks new home for Yogiyo

Delivery Hero welcomes Baemin, seeks new home for Yogiyo

Germany-based online food delivery service Delivery Hero SE will sell off its prized South Korean business, Yogiyo, the country's second-largest...

Korea’s liquidity-driven IPO market sets slew of fresh records in 2020

Korea’s liquidity-driven IPO market sets slew of fresh records in 2020

As the stock markets around the globe took a wild ride amid the pandemic in 2020, ample liquidity led to plenty of fresh records in the initial publ...

Hyundai Motor Chairman's inner circle promoted to key leadership

Hyundai Motor Chairman's inner circle promoted to key leadership

Hyundai Motor Group has carried out a massive reshuffling among its key affiliates, with members of Chairman Chung Euisun's inner circle promoted ...

SK injects $200 mn into Roivant partnership for new drug development

SK injects $200 mn into Roivant partnership for new drug development

SK Holdings Co., the holding company of South Korean conglomerate SK Group, has become the first Korean company to foray into the targeted protein d...

POBA seeks new global REIT manager for $100 mn mandate

POBA seeks new global REIT manager for $100 mn mandate

South Korea’s Public Officials Benefit Association (POBA) will select a new global real estate investment trust (REIT) management firm to inve...

Hyundai Motor unveils all-new electric vehicle platform E-GMP

Hyundai Motor unveils all-new electric vehicle platform E-GMP

Hyundai Motor Co. has unveiled a new platform, which will underpin its electric vehicles in coming years as South Korea’s largest automotive g...

LG to hive off trading, four other units into new group

 LG to hive off trading, four other units into new group

South Korea’s fourth-largest conglomerate LG Group will split off its trading arm LG International Corp. and four other non-core units into a ...

Korean medical robot opens a new era of neurosurgery in large hospitals

Korean medical robot opens a new era of neurosurgery in large hospitals

South Korea’s first neurosurgery robot, developed by 3D inspection device maker Koh Young Technology Inc., is ready to join the medical robot ma...

S.Korea, Japan ink first free trade deal via 15-country trade bloc

S.Korea, Japan ink first free trade deal via 15-country trade bloc

South Korea joined the world’s biggest free trade regime on Nov. 15 by signing a mulilateral FTA pact that covers 15 countries in the Asia-Pacif...

Korean teachers' fund names ex-education minister as CEO

Korean teachers' fund names ex-education minister as CEO

South Korea’s Ministry of Education has chosen Kim Sang-gon, formerly deputy prime minister and education minister, as the new chief executive f...

SK Holdings' board underpins new standard in Korea

SK Holdings' board underpins new standard in Korea

On Jul. 21, SK Holdings Co.'s board of directors rejected management's request to simplify the reporting procedure for investment proposals. Among the...

LG Chem gears up to supply new batteries to Tesla; shares surge

LG Chem gears up to supply new batteries to Tesla; shares surge

Shares of LG Chem Ltd. surged on Oct. 22 as investors snapped up the electric vehicle battery maker on Tesla Inc.’s record quarterly earnings, a...

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs