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 ...

Korea suffers from foreign workers shortage in farming

South Korea’s agricultural product prices are expected to increase this year as the agriculture industry is suffering chronic labor shortages....

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...

S.Korea to ease internship visa rules for foreign talent  

South Korea will introduce an internship visa program for foreigners studying at overseas universities to ease a shortage of talent in the fields of...

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...

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...

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...

S.Korean startup Time Percent gives power to digital asset investors 

South Korean startup Time Percent Corp. was founded a year ago with the specific goal of giving power to the investors of digital assets, rather tha...

Vale, two Korean firms to sell JV to ArcelorMittal at a loss

Brazilian mining giant Vale SA and two South Korean steelmakers are selling their joint venture in Brazil at less than half their investment in six ...

Nonferrous metals conglomerate Poongsan to invest $236 mn

South Korean nonferrous metals conglomerate Poongsan Corp. announced it will invest 313 billion won ($238 million) in facilities to manufacture rech...

SK to build first chip packaging plant in US with $22 bn investment

WASHINGTON DC – SK Group, South Korea’s second-largest conglomerate, said on Wednesday it will build its first memory chip packaging fac...

Samsung presents Texas with $200 bn chip investment plan proposition

Samsung Electronics Co., the world’s top memory chipmaker, has presented a tax break proposal to the State of Texas as part of its plan to inv...

Development will outperform in post-COVID era: Principal Real Estate

Real estate is in the global investor spotlight amid skyrocketing inflation. However, not all property sectors or locations will offer the same infl...

DigitalBridge names Korean Tae Ahn as Asia capital formation head

DigitalBridge Group Inc., a US digital infrastructure investment firm, announced on July 19 it has appointed South Korean Tae E. Ahn as managing d...

SK Square makes its first exit seeking new target firms

South Korean investment firm SK Square Co. has sold all of its shares in Korean biotech NanoEntek Inc., a 28.4% stake, for 58 billion won ($44.3 mil...

IGIS, KKR to buy Shinhan Investment HQ for $487 mn

A consortium led by South Korea’s IGIS Asset Management Co. and US private equity giant KKR & Co. is set to acquire Shinhan Investment Cor...

Science content provider Geekble raises $3.8 mn in bridge investment

Geekble, operator of the YouTube science channel of the same name, has raised 5 billion won ($3.8 million) in bridge investment, the company said on...

AI-powered translation startup XL8 raises $2.7 million in bridge investment

Artificial intelligence-powered translation startup XL8 Inc. said on Monday it raised 3.6 billion won ($2.7 million) in a bridge round prior to Seri...

SK E&S to invest $25 mn in turquoise hydrogen firm Monolith

SK E&S Co., the natural gas business unit of South Korea’s SK Group, said on Monday it is set to invest $25 million in US turquoise hydrog...

Korea to raise cash support on foreign investments in key sectors

South Korea plans to spend more cash on attracting foreign investments in high-tech and core supply chain industries as foreign direct investment to...

LG stands out among conglomerates in race to strengthen robotics arms

South Korean conglomerates are rushing to nurture their robotics businesses, encouraged by surging demand for robots in the service industry.LG Elec...

South Korea’s Mirae Asset Group bets $100 million on SpaceX

Mirae Asset Securities Co. is poised to invest $100 million in US spacecraft and satellite communication corporation SpaceX. The South Korean f...

Korea’s HMM to invest $11 bn in ships, eco-friendly fuels

South Korea’s largest container line HMM Co. is set to spend 15 trillion won ($11.4 billion) by 2026 to diversify business amid the volatility...

The North Face supplier Youngone to bet on global outdoor startups

South Korea’s Youngone Holdings Co. is set to accelerate its new business by establishing a corporate venture capital (CVC) firm in Singapor...