LG Electronics expands overseas appliance plants as it exits phone business

LG Electronics Inc. is expanding its overseas production facilities as the South Korean home appliance giant is shifting gears toward new growth dri...

How India is becoming 'heaven' for Korean startups

India is becoming an attractive destination for South Korean startups that are eyeing overseas expansion, given the country's vast population and di...

Korea Credit Data raises over $35 mn from Pavilion, GS, KB Bank

South Korea-based fintech firm Korea Credit Data (KCD) has raised around 40 billion won ($36 million) from Singapore-based private equity firm Pavil...

Korean content shares soar as platforms eye overseas expansion

Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...

Coupang to start first overseas operation in Singapore

South Korea’s e-commerce giant Coupang Corp. is moving forward with its global expansion plans by entering the Singapore market. The New York ...

GS Galtex to partner with Kakao for mobility services

South Korea's GS Caltex Corp., aiming to become a logistics platform, will invest around 30 billion won ($26 million) in Kakao Mobility Corp. to str...

NPS inks over $20 bn in overseas alternative investments via partnerships

The National Pension Service (NPS) signed new contracts worth around 23 trillion won ($20.1 billion) abroad in alternative investments last year, de...

Hyundai inks deal to build first overseas hydrogen fuel cell plant in China

Hyundai Motor Co. has signed a contract to build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to en...

GS Caltex to showcase drone delivery, future gas stations at CES 2021

GS Caltex Corp., a South Korean oil refiner aiming to become a serious logistics player by navigating hard-to-access areas for delivery, is looking ...

Hyundai Motor to build first overseas hydrogen fuel cell plant in China

Hyundai Motor Co. will build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to enter the world’...

Brokerage firms see losses on $7 bn overseas alternatives

South Korea’s 22 brokerage firms have classified a combined 7.5 trillion won ($6.9 billion), or 15.7%, of their cumulative overseas alternat...

Korea’s retail investors go West, eye golden ticket for big money

For South Korean stock investors, 2020 may go down in history as the year of The Great Quest for big money, and at the end of their journey they fou...

SKC to build first overseas copper foil plant in Malaysia

SKC Ltd., a chemical materials maker of South Korea’s SK Group, is planning to more than quadruple its production capacity of copper foils, a ...

GS Retail, Home Shopping merge to become retail giant

South Korean conglomerate GS Holdings has decided to merge two of its retail units — the country's No. 1 convenience store chain operator and a ...

GS E&C challenges Hyundai Heavy in Doosan deal

GS Engineering & Construction Co. (GS E&C) has joined the bidding for a stake in Doosan Infracore Co. after the bid submission deadline, a mov...

KED to host alternative investment summit for Korean, global asset managers

The Korea Economic Daily (KED) is hosting its global alternative investment conference ASK 2020 in Seoul on Oct. 28 for Korean institutional investo...

KED to host alternative investment summit for Korean, global asset managers

The Korea Economic Daily (KED) is hosting its global alternative investment conference ASK 2020 in Seoul on Oct. 28 for Korean institutional investors...

NPS extends term for CIO Ahn Hyo-joon; likely to drive overseas investment

Ahn Hyo-joon, the incumbent chief investment officer at the National Pension Service will see his term extended by one year, the NPS and the Ministry ...

Korean brokerage firms sitting on $7 bn in overseas properties yet to sell down

South Korean brokerage firms, having scooped up $20 billion worth of overseas real estate deals over the past three years, are now saddled with $7 bil...

Studio Dragon sets sights overseas, $3.4 bn market cap possible: analyst

South Korea’s leading drama producer Studio Dragon Corp. is expected to post handsome earnings in coming years, boosted by a steady stream of jo...

Korea’s major companies’ Q2 overseas sales drop 20% due to pandemic

South Korea’s top 100 companies saw their overseas sales shrink by a fifth in the second quarter from the year-earlier period, weighed by the fa...

Korean ESS companies ramp up overseas business eyeing 40% revenue hikes

South Korean tech heavyweights Samsung SDI Co. and LG Chem Ltd. are expected to expand their market share as they secure hefty energy storage system (...

South Korea moves in on overseas coal project financing ban

South Korea's parliament looks set to pass new legislation to ban financing on foreign coal power projects, putting all overseas coal-fired plant deal...

NPS creates active management team for overseas traditional assets

The National Pension Service will set up teams in its overseas offices to directly handle active investments in traditional assets such as equiti...

IPO of Korea’s first overseas property-backed REIT receives tepid response

The initial public offering of JR Global REIT, set to be South Korea’s first listed REIT backed by overseas property, was undersubscribed 0.23 t...

Yellow Umbrella Mutual commits $540 mn to overseas debt funds

Yellow Umbrella Mutual Aid Fund, a savings arm for South Korea’s small-sized business owners, has committed $540 million to overseas debt funds ...

NPS to double proportion of overseas fixed-income investment by 2024

The National Pension Service (NPS) will more than double the proportion of overseas fixed-income investment to around 10% by the end of 2024 by when g...

GS EPS-Mirae Asset consortium buys 10% stake in US gas power plant

A consortium of South Korean power producer GS EPS Co. Ltd. and Mirae Asset Daewoo Co. Ltd. has agreed to buy a 10% stake in a New Jersey-based gas po...

[ASK 2018 SUMMIT] NPS to boost direct alternative investment via overseas offices: CEO

The National Pension Service (NPS) will improve the role of its overseas offices in New York, London and Singapore to increase direct investment in al...

CCIM to Hold International Conference Jointly with KED Real Estate Research Institutes

The Certified Commercial Investment Member, an American association of international real estate investment analysts, will jointly host the Asia Real ...