Activst fund KCGI struggles to fund Hanyang Securities deal

Activst fund KCGI struggles to fund Hanyang Securities deal

KCGI, a South Korean private equity firm, has been struggling to raise funds for its 244.9-billion-won ($183 million) purchase of a controlling stak...

Junior bankers choosing track records over name value

 Junior bankers choosing track records over name value

A number of junior bankers at the Korean offices of major global investment banks such as Morgan Stanely and J.P.Morgan have resigned since July wit...

Hyundai Rotem’s earnings, shares set to rise; defense deals in the offing

Hyundai Rotem’s earnings, shares set to rise; defense deals in the offing

Hyundai Rotem Co., a South Korean railway system and defense equipment maker under Hyundai Motor Group, is expected to clinch large defense deals in...

Woori signs $1.16 bn deal to acquire Tongyang, ABL Life from China’s Dajia

Woori signs $1.16 bn deal to acquire Tongyang, ABL Life from China’s Dajia

Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, said on Wednesday it has signed a deal to acquire Tongya...

Samsung supplies LPDDR4X auto chip to Qualcomm, set for LPDDR5 deal

Samsung supplies LPDDR4X auto chip to Qualcomm, set for LPDDR5 deal

South Korean tech giant Samsung Electronics Co. said on Tuesday it has begun supplying its latest automotive chip, LPDDR4X, to Qualcomm Technologies...

KAI, TAI ink deal to boost T-50TH support

KAI, TAI ink deal to boost T-50TH support

Korea Aerospace Industries Ltd. (KAI) signed a memorandum of understanding (MOU) with Thai Aviation Industries (TAI), Thailand's state-owned aircraf...

HD Hyundai Marine wins $30 mn LNG-FSU conversion deal

HD Hyundai Marine wins $30 mn LNG-FSU conversion deal

South Korea's HD Hyundai Marine Solution Co. secured its first project to convert a floating storage unit for liquefied natural gas (LNG-FSU).HD Hyu...

Samsung signs wind turbine structure supply deal with Equinor

Samsung signs wind turbine structure supply deal with Equinor

South Korea's Samsung Heavy Industries Co. said on Wednesday that it has signed an exclusive agreement with Norway's state-owned energy company Equi...

Hankook Tire to supply tires to Mercedes-AMG for first time

Hankook Tire to supply tires to Mercedes-AMG for first time

Hankook Tire & Technology Co. said on Wednesday that it will supply its tires for Mercedes' high-performance brand AMG's sports car, the GT Coup...

Korean shipbuilders in talks for $3.3 bn Qatar LNG tanker deals

Korean shipbuilders in talks for $3.3 bn Qatar LNG tanker deals

South Korean shipbuilders are in talks with Qatari state companies for an estimated $3.3 billion in deals to manufacture additional liquefied natura...

Macquarie buys its 1st Korean data center for $538 mn

Macquarie buys its 1st Korean data center for $538 mn

Macquarie Korea Infrastructure Fund (MKIF) has signed an agreement to buy a 40-megawatt (MW) data center from Seoul-based IGIS Asset Management Co. ...

Doosan Robotics, Bobcat ordered to clarify merger deal

Doosan Robotics, Bobcat ordered to clarify merger deal

South Korean regulators have ordered Doosan Robotics Inc. to amend the securities prospectus it submitted last week for its merger with Doosan Bobca...

Seoul prime office deals at 10-year low on rate uncertainty

Seoul prime office deals at 10-year low on rate uncertainty

Prime office transactions in Seoul hit a 10-year low in the second quarter due to delayed fundraising amid uncertainties of the central bank’s...

Hyundai eyes Japan’s commercial EV market in e-bus deal with Iwasaki

Hyundai eyes Japan’s commercial EV market in e-bus deal with Iwasaki

South Korean top automaker Hyundai Motor Co. said on Tuesday it is supplying its all-electric Elec City Town buses to Iwasaki Group, effectively ent...

Doosan Robotics, Bobcat merger prompts call for law revision

Doosan Robotics, Bobcat merger prompts call for law revision

Doosan Group’s announcement of a merger between Doosan Robotics Inc. and Doosan Bobcat Inc. has met with strong criticism from investors and p...

Doosan Enerbility’s gas turbine orders top $720 mn with KOMIPO deal

Doosan Enerbility’s gas turbine orders top $720 mn with KOMIPO deal

Doosan Enerbility Co., a leading South Korean power plant engineering company, said on Monday it has clinched a 580 billion won ($418 million) deal ...

MG Non-Life Insurance deal falls through with no bidders

MG Non-Life Insurance deal falls through with no bidders

The sale of South Korean mid-sized insurer MG Non-Life Insurance Co. has been canceled as the financially distressed insurer failed to attract any b...

BofA eyes its 1st Korean IPO management with K Bank deal

BofA eyes its 1st Korean IPO management with K Bank deal

Bank of America Corp. (BofA) is quickly expanding its presence in the South Korean initial public offering market, where J.P. Morgan and Citigroup G...

Korea mulls tripling NPS' advance dollar funding limit

Korea mulls tripling NPS' advance dollar funding limit

South Korea is considering tripling the maximum amount of dollars the National Pension Service (NPS) can buy from the domestic foreign exchange mark...

NPS commits $723 mn to MBK, 3 other managers for Korean PEs

NPS commits $723 mn to MBK, 3 other managers for Korean PEs

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has hired four investment firms – MBK Partne...

Hanwha Systems signs $867 million missile radar deal with Saudi Arabia

Hanwha Systems signs $867 million missile radar deal with Saudi Arabia

Hanwha Systems Co., a leading South Korean defense company, said on Tuesday it has clinched a $867 million deal to supply its advanced mobile multi-...

LG Energy’s Q2 profit hurt by EV slowdown, expects Q4 improvement

LG Energy’s Q2 profit hurt by EV slowdown, expects Q4 improvement

LG Energy Solution Ltd., one of the world’s top three battery makers, on Monday posted a smaller quarterly profit, hurt by sluggish global ele...

NPS-backed new prime office building in Seoul struggles with poor demand

NPS-backed new prime office building in Seoul struggles with poor demand

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is seeing little demand for a Seoul-based new prim...

Samsung SDI to ink $726 mn ESS deal with NextEra Energy

Samsung SDI to ink $726 mn ESS deal with NextEra Energy

Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is set to provide batteries for energy storage systems (ESS) to NextEr...

Jollibee to acquire Korea’s Compose Coffee in $340 mn deal

Jollibee to acquire Korea’s Compose Coffee in $340 mn deal

Jollibee Foods Corp., the Philippines’ largest fast-food chain, is set to take over a majority stake in Compose Coffee Co., South Korea’...

LG Energy signs multi-billion-dollar LFP battery deal with Renault

LG Energy signs multi-billion-dollar LFP battery deal with Renault

LG Energy Solution Ltd., the world’s second-largest battery maker, has clinched a multi-billion-dollar deal to supply LFP batteries for low-en...

UBS tops Korea’s M&A advisor list on Asiana, Affinity deals

UBS tops Korea’s M&A advisor list on Asiana, Affinity deals

UBS Group AG topped the South Korean mergers and acquisitions (M&A) league table in the second quarter as the global investment bank worked on m...

Hanwha Ocean wins $1.57 billion deal for LNG carriers, VLCCs

Hanwha Ocean wins $1.57 billion deal for LNG carriers, VLCCs

Hanwha Ocean Co., a shipbuilding unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, said on Monday it has won a combined 2....

Eugene PE, KDB PE to acquire Boryung Biopharma for $231 million

Eugene PE, KDB PE to acquire Boryung Biopharma for $231 million

A consortium of Eugene Private Equity and Korea Development Bank Private Equity will acquire 80% of South Korean vaccine maker Boryung Biopharma Co....

SK On signs MOU to secure US-sourced lithium from ExxonMobil

SK On signs MOU to secure US-sourced lithium from ExxonMobil

SK On Co. has inked an MOU with ExxonMobil Corp. to buy lithium extracted by the US oil giant from a salt well in the US state of Arkansas. The deal...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale