Mirae Asset hit by ex-asset manager's misconduct

Mirae Asset hit by ex-asset manager's misconduct

Mirae Asset Securities Co., South Korea’s largest brokerage firm, found in June that a senior manager at its alternative investment division h...

Woori Bank opens regional headquarters in Bangladesh

Woori Bank opens regional headquarters in Bangladesh

South Korea's Woori Bank announced on Friday it opened its new regional headquarters in Bangladesh. In 1996, the bank launched its first branch...

SK Square in talks with Qoo10 for joint management of 11Street

SK Square in talks with Qoo10 for joint management of 11Street

SK Square Co., the investment management arm of SK Group, is in talks with Qoo10 Pte. to merge its e-commerce subsidiary 11Street with the Singapore...

Digital infrastructure as essential as water today: asset managers

Digital infrastructure as essential as water today: asset managers

Digital assets are important components of change in the infrastructure investment landscape today and are as essential as water and electricity, ex...

Prepare for long-term, illiquid asset management: Korean investors

Prepare for long-term, illiquid asset management: Korean investors

South Korean institutional investors said they are preparing for prolonged high interest rates and market uncertainty, building mid- to long-term pl...

LG CNS starts corporate knowledge management service

LG CNS starts corporate knowledge management service

South Korean information and communications technology service provider LG CNS has launched a service for finding useful knowledge and data within a...

S.Korean game developer Smilegate, angel of local startups

S.Korean game developer Smilegate, angel of local startups

Smilegate, South Korean developer of the world’s top first-person shooter game Crossfire, is raising investments in domestic startups despite ...

Blackstone names Koramco preferred bidder for $553 mn landmark

Blackstone names Koramco preferred bidder for $553 mn landmark

Blackstone Inc. has tapped South Korea’s Koramco REITs Management and Trust Co. as the preferred bidder for prime office building Arc Place, t...

Late Samsung chairman Lee's New Management back in spotlight

Late Samsung chairman Lee's New Management back in spotlight

As the leader of Samsung Group for three decades, the late group Chairman Lee Kun-hee brought fundamental changes to the conglomerate under his &ldq...

HD Hyundai, Siemens to jointly build smart shipyard

HD Hyundai, Siemens to jointly build smart shipyard

South Korean HD Hyundai Co. and Siemens, a Germany-based global smart engineering company, will jointly develop a data platform for building a smart...

SK Telecom launches cloud cost management platform

SK Telecom launches cloud cost management platform

South Korea's SK Telecom Co. on Wednesday announced the launch of Cloud Radar 2.0, its next-generation cloud management platform that leverages arti...

Brookfield puts Conrad Seoul on market at over $370 mn

Brookfield puts Conrad Seoul on market at over $370 mn

Brookfield Asset Management is seeking to sell off five-star hotel Conrad Seoul at more than 500 billion won ($369.5 million), tapping real estate i...

KIC heavily relies on foreigners for alternative investments

KIC heavily relies on foreigners for alternative investments

Korea Investment Corporation (KIC) entrusted most of its money for investments in alternative assets such as real estate and private equity to forei...

SK Networks completes acquisition of en-core

SK Networks completes acquisition of en-core

South Korean trading firm SK Networks Co. announced on Friday that it has completed the acquisition process of en-core, a leading data solutions and...

Samsung Elec looks to Google, Apple alumni for future growth

Samsung Elec looks to Google, Apple alumni for future growth

Samsung Electronics Co., the world’s top memory chip and smartphone maker, has tapped more alumni from US Big Tech companies such as Google, A...

LS ITC, KEPCO to team up for energy efficiency projects

LS ITC, KEPCO to team up for energy efficiency projects

LS ITC, an IT service unit of LS Group, announced on Friday the signing of a pivotal business agreement with Korea Electric Power Corp. (KEPCO).This...

SK Ecoplant to supply AI-based incinerator tech to Malaysia

SK Ecoplant to supply AI-based incinerator tech to Malaysia

South Korea's energy, construction and engineering corporation SK Ecoplant on Friday said it signed a contract with Cenviro, Malaysia's largest publ...

Hyundai E&C, Naver Cloud to develop futuristic healthy housing model

Hyundai E&C, Naver Cloud to develop futuristic healthy housing model

South Korea's Hyundai Engineering & Construction (E&C) on Thursday announced its signing of a deal with Naver Cloud on cooperation in the de...

Hyundai Wia finishes EV thermal management test center

Hyundai Wia finishes EV thermal management test center

South Korea’s No. 2 automotive parts supplier Hyundai Wia Corp. on Tuesday completed construction of a thermal management test center at the c...

Samsung Heavy, Pan Ocean to co-develop digital solutions

Samsung Heavy, Pan Ocean to co-develop digital solutions

South Korea's Samsung Heavy Industries announced on Tuesday that it has signed a memorandum of understanding (MOU) with Pan Ocean Co., the country's...

Samsung releases The Wall for virtual production in Europe

Samsung releases The Wall for virtual production in Europe

Samsung Electronics Co. announced on Friday that it unveiled "The Wall for Virtual Production" at IBC 2023, the world's largest trade fair for elect...

Lotte Healthcare to launch AI-based health management platform

Lotte Healthcare to launch AI-based health management platform

South Korea's Lotte Healthcare has entered the digital healthcare market through the launch next week of its personalized healthcare management pl...

SK Ecoplant to build data center linked to landing station in Pohang

SK Ecoplant to build data center linked to landing station in Pohang

South Korea's SK Ecoplant is set to establish, for the first time in South Korea, a global data center linked to a landing station in Pohang, North ...

Samsung Electronics avoids EU’s digital market regulations  

Samsung Electronics avoids EU’s digital market regulations  

Samsung Electronics Co. has steered clear of the European Union’s new set of regulations designed to rein in the dominance of Big Tech compani...

Shinhan REITs to buy HSBC's Seoul headquarters at $135 mn

Shinhan REITs to buy HSBC's Seoul headquarters at $135 mn

Shinhan REITs Management Co., a real estate investment arm of South Korea’s Shinhan Financial Group, is poised to acquire a 65.8% stake in the...

Mirae Asset No. 1 among overseas asset managers in India

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

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 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

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

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 ...

Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods