SpaceX to receive $44 mn injection from Korean high-net-worth individuals
South Korea’s Mirae Asset Securities Co., which committed $100 million to Elon Musk’s Space Exploration Technologies Corp. (SpaceX) in J...
Corporate VC veterans pinpoint their best investments
South Korean conglomerates in recent years have ramped up their investment in startups, yielding positive returns. Hyundai Motor Co. Vice Pre...
Korea's WeMade shakes off crisis, secures new investment
Korea's game development company WeMade has secured new investment worth 66 billion won ($46.4 million), breathing a sigh of relief after receiving ...
EQT Partners to invest $1.4 bn in Korea's No. 2 physical security firm
Sweden’s EQT Partners AB is set to acquire a 36.87% stake in South Korean security services provider SK Shieldus Co. from a consortium led by ...
Public-private battery alliance launched to source critical minerals
The South Korean government, in tandem with the private sector, launched a battery alliance on Tuesday in a bid to support the companies in sourcing...
Korea's Meritz Group likely to sell off its asset management arm
South Korea’s Meritz Financial Group Inc. is poised to sell off its subsidiary Meritz Asset Management Co., The Korea Economic Daily understoo...
H Robotics enters the UAE market with rehabilitation robot Rebless
South Korean startup H Robotics will enter the Middle East with the rehabilitation robot Rebless, an FDA-registered robotic therapy device for both ...
KBIZ eyes value-added, senior loans for real estate
The Korea Federation of SMEs (KBIZ) bet on value-added and senior loans in global real estate investment this year, the institutional investors&rsqu...
NPS increases exposure to secondaries, direct lending
South Korea’s National Pension Service (NPS) will expand investments via secondaries and direct lending, its Head of Strategic Alternative Inv...
BOK to ease Legoland developer default-led credit crunch
South Korea’s central bank joined rescue moves to improve liquidity in the local bond market and alleviate the fallout from a debt default by ...
Energy transition investment needs flexible approach: Ares Management
As energy transition is a new sector in infrastructure compared with other asset types, institutional investors are seeking asset managers highly ex...
Kyobo Life bets on US direct lending, keeps watch on Europe
South Korea’s Kyobo Life Insurance Co. focused on US direct lending market this year given the rising probability of a European market recessi...
KIC sees secondary and deep value investments as attractive
Korea Investment Corporation (KIC) is eyeing secondary and deep value strategies, the sovereign wealth fund’s Senior Director of Private Equit...
Korea Post's insurance arm uses buyout, senior debt as core strategies
Korea Post’s insurance bureau will maintain its core-satellite strategy in private equity and debt investments for both stable revenue streams...
NPS considers new investment in global real estate
South Korea’s National Pension Service (NPS) is open to new investments in overseas real estate, the pension fund’s American real estate...
Teachers' Pension continues focus on global residential, logistics
South Korea’s Teachers’ Pension (TP) will continue its focus on residential and logistics in global real estate investments next year, t...
KFCC eyes recession-resistant sectors like healthcare, necessities
The Korean Federation of Community Credit Cooperatives (KFCC) is eyeing certain sectors that create stable revenue streams such as healthcare, daily...
Korean banks log record profits on rising interest rates
South Korea’s major financial groups enjoyed record quarterly earnings as higher policy interest rates increased lending rates, powering the p...
Korea's Mirae Asset to invest $200 mn in Musk’s Twitter deal
Mirae Asset Financial Group is set to chip in some $200 million toward Tesla CEO Elon Musk’s $44 billion takeover of Twitter Inc. in acquisiti...
OCI to invest $40 million to expand US solar module production facilities
OCI Co., a leading South Korean solar power cell manufacturer, said on Monday it will invest $40 million to expand the solar cell module production ...
Goldman taps TPG Korea's Lee as Seoul office PE head
Goldman Sachs Group Inc. is set to hire Lee Seung-june, managing director at US investment firm TPG's Seoul office, as Goldman Sachs' private equity...
Korea's NPS seeks new CIO as Ahn ends term Oct. 18
South Korea’s National Pension Service (NPS) is looking for a new chief investment officer (CIO) as former CIO Ahn Hyo-joon’s term ended...
SK On raises $2 bn in bank loans for Hungary plant
SK On Co., a South Korean battery maker, has raised $2 billion in bank loans to build its third plant in Hungary, a regulatory body said on Thursday...
Korean Presbyterian pension to tap GPs for alternative assets, equity
Pension Foundation of Presbyterian Church of Korea (PCK Pension), a South Korean retirement plan for pastors and churches, is poised to hire several...
Banks' term deposits attract largest sum in 20 yrs
A fresh 36.4 trillion won ($25 billion) was placed into bank accounts in South Korea in September, whereas 12.4 trillion won ($8.6 billion) was with...
Despite liquidity crunch, 5 verticals rake in venture capital investment
The global venture capital ecosystem has been contracting since the second quarter of last year, hit by rising inflation and rate hikes. New ...
POSCO Holdings to invest extra $1.1 billion in Argentine lithium plant
POSCO Group, which owns South Korea’s largest steelmaker, plans to invest an additional $1.09 billion, or 5 trillion won, in its lithium produ...
Korean corporate bond issuance hits 2022 monthly low in September
South Korean corporate bond issuance in September hit a monthly low this year on souring investor sentiment due to interest rate hikes.Corporate bon...
Samsung says no memory output cut, to widen tech gap with rivals
SILICON VALLEY – Samsung Electronics Co., the world’s top memory chipmaker, is not considering slashing its memory chip production despi...
Bitcoin is not money: South Korean court
A South Korean court judged that Bitcoin, the world’s leading virtual currency, is not money and therefore the cryptocurrency is not subject t...
