BOK chief says aging without assets key challenge to S.Koreans
JEJU -- South Korea’s central bank chief on Friday warned of the growing risk of aging without assets in Asia’s fourth-largest economy a...
KIC up 8.3% in net value of stocks, debts in H1 2023
Korea Investment Corporation (KIC) saw the net value of its traditional assets rise 8.25% in the first half of this year, backed by the strong perfo...
Hyundai Motor breaks out of 3-year slump in China
South Korea’s Hyundai Motor Co. has broken out of its slump in China, with its Chinese joint venture posting its first sales growth in four ye...
Samsung faces scrutiny under new EU digital market rules
Samsung Electronics Co. is facing scrutiny by the European Union over its leading position in the internet browser market under the Digital Markets ...
Korean ETFs’ net asset value doubles in 3.5 years
South Korea’s exchange-traded funds (ETFs) surpassed 100 trillion won ($75.7 billion) in net asset value for the first time on Thursday, 21 ye...
Genie Music launches AI-based arrangement service
Genie Music, the music production and distribution affiliate of South Korea’s KT Corp., has launched an arrangement service for digital music ...
Kakao Healthcare ties up with Dexcom for global diabetes biz
South Korea’s Kakao Healthcare Corp. has taken a step forward to expand its business into the global market by collaborating with US medical d...
Private real estate debt shines on banks' financing gaps: Savills
More global investors are turning to the private debt market as bank loans are getting tougher under stricter lending regulations. Among a range of ...
Innocean acquires digital marketing company D-Plan 360
Innocean, a Hyundai Motor Group-affiliated advertising agency, has acquired the Seoul-based digital marketing company D-Plan 360 to greatly rai...
Celltrion puts Takeda’s assets up for sale after 3 years
South Korea’s Celltrion Inc. has put its Japanese Takeda Pharmaceutical Co.'s primary care assets acquired in 2020 on sale as the biosimilar g...
KB Financial, Sompo Japan team up for boosting nursing care services
South Korea's KB Financial Group and Japan's Sompo Holdings announced on Friday a memorandum of understanding (MOU) to collaborate on nursing care s...
Mirae Asset Securities, Near Protocol team up for blockchain techs
South Korea's Mirae Asset Securities announced on Thursday that it has signed a memorandum of understanding (MOU) for collaborative research in bloc...
Polestar 3 to light up roads with headlamps of LG’s ZKW
The Polestar 3, an all-electric mid-sized sport utility vehicle, will be equipped with high-definition light-emitting diode (HD LED) headlights deve...
South Korea’s Hyundai Elevator applies AI to boost customer convenience
"Miri is a leading example of digital transformation in the elevator sector that raises a notch service speed and customer convenience. Let’s ...
S.Korea's Mirae Asset, Hana Financial Group form security token tie-up
South Korea's Mirae Asset Securities on Thursday said it signed an agreement with Hana Financial Group on the security token consortium Next Finance...
NPS vows to raise alternative investment ratio, cut bond purchases
South Korea’s National Pension Service (NPS), the world’s third-largest public pension fund, plans to raise the ratio of its alternative...
Mirae Asset’s US real estate fund faces heavy losses
A private fund for US real estate managed by South Korea’s Mirae Asset Global Investments Co. has seen huge losses amid the tumble of the offi...
S.Korea’s direct investment abroad hits record high in Q1 2023
South Korea’s net international investment position (NIIP) increased in the first quarter on the country’s record-high direct investment...
Jaeger-LeCoultre unveils project with S.Korean artist
The Swiss luxury watch and clock maker Jaeger-LeCoultre on Monday unveiled "Origin," a collaborative work with South Korean digital media artist Y...
Multifamily, digital infrastructure have upside potential: ASK 2023
Investors will spur capital injection in global residential real estate and emerging infrastructure segments such as data centers and energy transit...
LG Electronics to participate in Frieze Art Fair in New York
LG Electronics Inc. said on Thursday that it will participate in Frieze New York, one of the world's three major contemporary art fairs, from May 17...
Mirae Asset Securities acquires European ETF market maker GHCO
Mirae Asset Securities UK, the UK corporation of South Korea's Mirae Asset Securities, announced on Monday that it has acquired GHCO, a market-makin...
HL Holdings, Veluga Brewery to digitalize Korean liquor market
HL Holdings Corp., a major South Korean automotive parts logistics specialist with a three-decade history, has joined hands with Veluga Brewery Inc....
Hansae: Hidden Korean champion in global OEM apparel market
Hansae is an unfamiliar name to many South Koreans for sure.But among original equipment manufacturing (OEM) companies in the apparel industry, Hans...
KT to open medical checkup center in Hanoi, Vietnam
South Korea's KT Corp. next year will launch a medical checkup center in Hanoi, Vietnam, under a strategy to advance its digital healthcare business...
KT pursues digitalization of health care with ezCaretech
South Korea's KT Corp. on Friday said it will jointly enter the health care sector with electronics health records company ezCaretech.Both companies...
NPS' alternative assets underperform benchmark amid high inflation
National Pension Service (NPS) in South Korea, the world’s third-largest pension fund, saw its returns on alternative investments last year un...
Terra co-founder Do Kwon’s $177 million assets in Korea under seizure
Terraform Labs co-founder Do Kwon, the mastermind behind the Terra-Luna cryptocurrency collapse, has had most of his assets in South Korea frozen, a...
Mirae Asset Securities joins Singapore Exchange's trading membership
South Korea's Mirae Asset Securities has made history as the first Korean financial investment firm to join the Singapore Exchange's (SGX) trading...
Alternative investment forum ASK 2023 to kick off May 17 in Seoul
South Korean institutional investors, including the world’s third-largest pension fund National Pension Service (NPS), and global asset manage...
