POSCO seeks additional lithium deals from Argentina, Chile
POSCO Holdings Inc., the parent of South Korea’s top steelmaker POSCO, aims to clinch additional deals from Argentina and Chile to secure lith...
SK Telecom invests $10 mn in Perplexity
South Korea's SK Telecom Co. announced on Thursday that it invested $10 million in Perplexity, the US-based generative artificial intelligence (AI) ...
MBK drops out of Air Premia’s Asiana cargo unit takeover bid
Asian private equity firm MBK Partners has dropped out of a plan to back 300 billion won ($217.9 million) for South Korean budget airline Air Premia...
LG Innotek begins supplying AI chip substrates to Big Tech
LG Innotek Co., a leading South Korean electronics parts maker, is for the first time supplying high-performance chip substrates for AI devices to g...
Hana Securities services S.Korean stock investment in Hong Kong
South Korea's Hana Securities announced on Tuesday that it launched a service allowing Hong Kong investors to open its accounts through Hong Kong's ...
Yellow Umbrella's new CIO to spur alternative investment
The Yellow Umbrella Mutual Aid Fund, a 25.4 trillion won ($18.5 billion) savings arm of South Korean small business owners, has tapped an alternativ...
Monalisa, Ssangyong C&B sold to Indonesia's APP
South Korea's hygiene products company Monalisa and Ssangyong C&B, known for its toilet paper brand Codi, will be sold to Indonesia's paper comp...
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...
POSCO, Hancock to invest $432 mn in Senex's LNG production
POSCO International Corp., the general trading and resources exploration unit of South Korean steel giant POSCO Holdings Inc., said on Tuesday that ...
Korea’s LS Group to operate brokerage firm LS Securities
South Korean cable-to-energy giant LS Group said on Monday that it has renamed brokerage subsidiary eBest Investment & Securities to LS Securiti...
LG Energy Solution to discover startups in battery sector
South Korea's LG Energy Solution Ltd. announced on Monday that it will host Battery Challenge 2024, an open innovation program to discover startup...
NPS to cut Korean stock allocation to 13% by 2029
South Korea’s National Pension Service (NPS), also the world’s third-largest pension fund, will gradually reduce the proportion of its l...
Nara Space attracts $14.5 mn series B investment
South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it attracted a 20 billion won ($14.5 million) series B inv...
Direct lending, a core allocation for investors: M&G Investments
Private credit continues to lure investors, not least within one of the largest areas of private credit, direct lending. Providing reliable income s...
S.Korea, UAE sign economic partnership, reaffirm $30 bn investment
South Korea and the United Arab Emirates on Wednesday signed a comprehensive economic partnership agreement (CEPA) to facilitate bilateral trade aft...
Ineos, Hanwha mull joint US low-carbon ammonia project
Global chemical company Ineos Group Ltd. and South Korea’s Hanwha Group have teamed up to assess building a low-carbon ammonia facility in the...
SK On invests in Yuilrobotics for its US battery plants
SK On Co., the world’s fifth-largest electric vehicle battery producer, is slated to invest in South Korean robot automation system developer ...
Korean AI startups yet to join global unicorn club
The number of artificial intelligence unicorns has been on the rise thanks to the AI boom, but none of these South Korean AI startups have yet to jo...
Kolon to invest additional $9 million in ride-hailing Papa Mobility
South Korea’s Kolon Group plans to invest an additional 12.4 billion won ($9.1 million) in Papa Mobility Co., bringing its total investment in...
Unlocking value in the Australian energy transition: QIC
Australia is primed to stand at the forefront of the global energy transition, boasting abundant solar and wind capacity, alongside substantial rese...
Korea Investment to expand CLO portfolio with Anchorage Capital
Korea Investment & Securities Co. will scale up its collateralized loan obligation (CLO) business with New York-based investment firm Anchorage ...
HD Hyundai Marine Solution builds ship smartcare center in Busan
South Korea's HD Hyundai Marine Solution Co. established an HD SmartCare Busan Center for ship lifecycle management services and begun full-scale op...
SM Bexel supplies $14.7 mn lithium ampoule batteries to KDI
SM Bexel Co., the battery manufacturing arm of South Korea's SM Group, announced on Tuesday that it signed a supply contract worth 20 billion won ($...
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...
NPS to spur buyout, VC in US tech sector: chairman
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, will speed up its private equity (PE) investments ...
Conversational AI startup Rapeech attracts $4.4 mn investment
South Korean conversational artificial intelligence (AI) startup Rapeech announced on Sunday that it attracted an investment of 6 billion won ($4....
SK seeks to sell 13.3% stake in Chinese food firm Joyvio
SK Inc., the holding company of South Korea’s second-largest business group SK, is in talks with Joyvio Group to sell its entire 13.3% stake i...
SeAH to invest $155.3 mn to build special alloy plant in US
SeAH Group, South Korea’s major steel group said to be a steel supplier to SpaceX, is set to foray deeper into the US, the world’s bigge...
Record $259 bn yet to find investment targets in South Korea
South Koreans parked a record 350 trillion won ($259 billion) in cash-equivalents such as money market funds (MMFs) as they failed to find investmen...
Deutsche Bank's Korea IB head quits after country head resigns
Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...
