Korea’s record trade deficit adds to downturn concerns

South Korea logged a record monthly trade deficit in August with the longest spree of shortfalls in more than 14 years, while domestic consumption, ...

Korea's NPS posts 8% loss from investment in H1 2022

National Pension Service (NPS) of South Korea had an 8% negative return during the first half of 2022, its investment management arm announced on Au...

Hyundai Motor Group to invest in fabless startup BOS Semiconductors 

Hyundai Motor Group announced on Wednesday that it will invest in Seongnam-based fabless startup BOS Semiconductors, which designs system-on-chip (S...

SK, SABIC to invest $150 mn to boost Korean capacity

SK Geo Centric Co. and Saudi Basic Industries Corp. (SABIC) have agreed to co-invest 200 billion won ($150 million) to increase their production of ...

Growing sense of déjà vu of 2008 global financial crisis

Private equity firms have snapped up South Korean assets over the past two years, driving their valuations near historic highs in the liquidity-driv...

Samsung to invest $15 bn in semiconductor R&D complex

Samsung Electronics Co., the world’s top memory chipmaker, plans to spend 20 trillion won ($15.1 billion) by 2028 on an advanced semiconductor...

POSCO gains huge dividend from Roy Hill mine in H1

When South Korea’s leading steelmaker POSCO Group acquired a 12.5% stake in Australia’s Roy Hill mine for 1.52 trillion won ($1.2 billio...

Daedong attracts investment from Kakao for smart mobility projects

Daedong Corp., South Korea’s leading tractor and farm machinery maker, has attracted 10 billion won ($7.6 million) from Kakao Mobility Corp. t...

KIC appoints Lee Hoon as CIO and Jung Ho-seok as CRO

Korea Investment Corporation (KIC) said on Wednesday it has promoted Lee Hoon, its former head of investment strategy and innovation division, to th...

Samsung Biologics, Samsung C&T extends investment in US biotech firms

The Life Science Fund, jointly launched by Samsung Biologics and Samsung C&T Corp., announced Wednesday it invested $15 million in US biotech fi...

SK Group invests $250 mn in Bill Gates’ nuclear reactor firm TerraPower

South Korea’s SK Group said on Monday it invested $250 million in TerraPower, a US venture founded by billionaire Bill Gates. The holdi...

European direct lending offers investment edge: Permira

The direct lending market is garnering investor attention as it has performed well during periods of market volatility. As banks are cautious to t...

Korea's NPS upped alternative investment by 33% in 2021

The National Pension Service (NPS) of South Korea committed 204.4 trillion won ($156.7 billion) to alternative investment as of end-2021, up 32.7% f...

Experts criticize Seoul's quantum computer development efforts

The United States: 4158. South Korea: 50These figures refer to the number of qubits in a quantum computer that each country seeks to develop by 2026...

Korea's small PE firms putting fundraising plans off to 2023

South Korea’s small and mid-sized private equity firms are increasingly postponing fundraising schedules for their project-based funds to the ...

Hanwha Life to spur global real estate investment via US subsidiary

South Korea’s Hanwha Life Insurance Co. is set to kick off direct investment in overseas real estate via its subsidiary in the US, according t...

Korea Zinc to invest $7.5 billion in green hydrogen, battery materials

Korea Zinc Co., the world’s largest lead and zinc smelter, plans to spend 9.74 trillion won ($7.5 billion) in renewable energy, green hydrogen...

Specialty finance emerging on resiliency, diversification: M&G Investments

As global investors are seeking ways to protect their investment returns in an inflationary, rising rate environment, some asset managers are eyeing...

SK Geo Centric to build high value-added material plant in China

South Korea’s major petrochemical company SK Geo Centric Co. is set to build an ethylene acrylic acid (EAA) plant in China with a local partne...

Carlyle CEO Lee’s sudden exit puts the PE’s Korea strategy in spotlight

The sudden resignation of The Carlyle Group Inc. Chief Executive Kewsong Lee has not just surprised the global investment community but raised quest...

Hyundai Motor between rock and a hard place over Russia operations

South Korea’s automotive juggernaut Hyundai Motor Co., which has invested heavily in Russia over the last several years, is stuck between a ro...

Celltrion logs strong Q2 earnings powered by biosimilars

South Korea’s biopharmaceutical maker Celltrion Inc. on Friday reported strong quarterly earnings thanks to healthy demand for its biosimilar ...

Specialty finance emerging on resiliency, diversification: M&G Investments

As global investors are seeking ways to protect their investment returns in an inflationary, rising rate environment, some asset managers are eyeing...

US private equity giant Apollo making inroads into Korea

Apollo Global Management Inc., a US private equity powerhouse, is set to launch a credit business in South Korea, aiming for the local private lendi...

US private equity giant Apollo to make inroads into Korea

Apollo Global Management Inc., a US private equity powerhouse, is set to start the credit business in South Korea, aiming for the local private lend...

KIC taps investment strategy head Lee Hoon as CIO

Korea Investment Corporation (KIC) is set to appoint Lee Hoon, the senior managing director and head of the investment strategy & innovation d...

Hyundai Mobis steps up future mobility business

Hyundai Mobis Co., South Korea’s largest auto parts maker, is accelerating its future mobility businesses as well as intensifying open innovat...

Korean EV, battery makers to benefit from US inflation bill

South Korea’s electric vehicle and battery makers are expected to benefit from the Inflation Reduction Act of 2022, the US bill designed to br...

Seoul suspends new antitrust bill on trade conflict fears

South Korea has postponed the introduction of a new law aimed at expanding its authority beyond Korean entrepreneurs, people familiar with the matte...

New Delhi blocks Krafton’s Battle Ground Mobile India

The Indian government has ordered the country’s Alphabet Inc.'s Google Play Store and Apple Inc.’s App Store to delete South Korean ga...