Mirae Asset No. 1 among overseas asset managers in India
MUMBAI – South Korea’s Mirae Asset Global Investments Co., managing 22 trillion won ($16.7 billion) in India, ranks No. 1 among overseas...
Korea emerges as growth market, design hub for global brands
Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...
LG Group manages ESG information like financial data
LG Group has decided to manage environmental, social, and governance (ESG) management activities as if they were financial data. The aim is to provi...
DGB Fin to set up asset management firm in Singapore
South Korea’s DGB Financial Group is poised to set up an asset management unit in Singapore, its first overseas fund management arm, according...
NPS likely to give full rights on asset managment to experts
The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, is poised to give investment experts full rights ...
Schindler-invested Hyundai Elevator faces S.Korean activism
South Korea’s Hyundai Elevator Co., the No. 2 shareholder of which is Schindler Holding AG, has faced a request from a local activist investor...
POSCO E&C, LG to develop customized home appliances for remodeling
South Korea's POSCO E&C, formerly POSCO Engineering and Construction, will develop customized products for apartment remodeling through cooperat...
42dot gets vehicle cybersecurity certification
42Dot, a self-driving technology affiliate of Hyundai Motor Group, said on Tuesday that it received a certification of ISO/SAE 21434 Cyber Sec...
Korea taps Greyhound Capital, Headline Asia as venture fund managers
South Korean Ministry of SMEs and Startups announced the results of selecting global fund management companies for the year 2023 on Monday. The chos...
CJ CheilJedang, Kakao Healthcare sign business agreement
South Korean food giant CJ CheilJedang Corp. announced on Friday that it has signed a business agreement with Kakao Healthcare, a digital healthcare...
HMM wins top ESG rating among global shipping companies
South Korea’s No. 1 container transportation and shipping service HMM Co. has secured the premier position in global shipping for its environm...
Kumho chief Park, other business leaders granted presidential pardons
Park Chan-koo, honorary chairman of Kumho Petrochemical Co., and 11 other South Korean business leaders have been granted presidential pardons to ...
KCGI Asset Management appoints former KIS head as new CMO
South Korea’s KCGI Asset Management, formerly Meritz Asset Management, announced on Friday that it has hired Cho Won-bok, former division head...
S.Korea to deliver food safety management skill to Thai, Malaysian officials
The Ministry of Food and Drug Safety of South Korea announced on Friday that it will conduct an invited training program for food safety officials f...
S.Korea's SK C&C enters battery sector with DNA Motors
South Korea's SK C&C will make batteries for electric motorcycles as the first domestic system integration company to enter the battery field.SK...
Kakao Healthcare signs agreement with Novo Nordisk for digital service
Kakao Healthcare Corp., a digital healthcare platform unit of South Korea's Kakao Corp., announced that it has signed on Tuesday a business agreemen...
Korean swimwear Barrel posts profit in post-pandemic surfing boom
South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...
Affinity's CJ Lee to become 3rd Korean executive to leave
Affinity Equity Partners’ founding member and Managing Partner Lee Chul-joo (CJ Lee) will resign from the Asia’s leading buyout manager,...
Morgan Stanley subsidiary takes 5% stake in JYP Entertainment stock
A Morgan Stanley-affiliated asset manager has bought more JYP Entertainment shares, raising its stake to more than 5 percent.Asset management firm M...
LG Energy Solution converts 56% of electricity into renewable energy
South Korea’s lithium-ion battery maker LG Energy Solution Ltd. on Monday released a report containing the company’s environmental, soci...
Macquarie seeks to sell off Korea’s tank terminal operator
Macquarie Korea Asset Management seeks to sell off a Korea tank terminal operator six years after the acquisition, at around 400 billion won ($314.8...
SK Telecom enters cloud managed service provider market
South Korea's SK Telecom Co. will aggressively enter the cloud market by providing differentiated services based on its nationwide communication net...
SK E&S opens representative office in Vietnam
South Korea's renewable energy company SK E&S is speeding up the expansion of its global eco-friendly power generation business by opening a rep...
SK Networks to acquire data management company en-core
SK Networks Co., a South Korean trading company, will acquire en-core, a data solutions and consulting firm. The strategy is aimed at strengthening ...
Mirae Asset’s global ETFs exceed $100 bn in net asset value
Mirae Asset Global Investments Co., South Korea’s leading asset manager, said on Tuesday its exchange-traded funds (ETFs) worldwide have surpa...
LG Electronics launches sleep management solution brid.zzz
LG Electronics Inc. on Friday launched a sleep management solution called "brid.zzz" aimed at individuals grappling with stress and insomnia. The na...
Samsung Bioepis enters US market for biosimilars of Humira
South Korea's biopharmaceutical company Samsung Bioepis, which was expected to struggle on the US market for biosimilars of Humira, the world's top-...
Tinder owner Match Group taps Sam Ahn as Asia's chief innovation officer
Match Group Inc., operating online dating and chat platforms like Tinder, Hinge and OkCupid in some 40 languages, has appointed its subsidiary Hyper...
Everon attracts $39 mn thanks to hot VC demand for EV charging
Everon, one of South Korea’s top three electric vehicle charging infrastructure and management service providers, raised 50 billion won ($39 m...
Samsung Electro-Mechanics joins global supply chain consortium RBA
Samsung Electro-Mechanics, South Korean electronic components maker, has joined the Responsible Business Alliance (RBA) and Drive+, two global conso...
