Hyundai, Kia invest in US solid-state battery startup Factorial

Hyundai, Kia invest in US solid-state battery startup Factorial

Hyundai Motor Co. and Kia Corp. invested in US solid-state battery startup Factorial Energy in a move to secure various technologies for the next-ge...

K-pop fan engagement platform DearU prices IPO above range

K-pop fan engagement platform DearU prices IPO above range

DearU Co, a K-pop fandom platform in South Korea, priced its initial public offering above the price range on Thursday thanks to heated demand. The ...

Korea Post advises more GPs set up Korean offices for better partnerships

Korea Post advises more GPs set up Korean offices for better partnerships

Korea Post looks to expand asset classes that can hedge inflation and earn benefits from rising interest rates despite concerns of stagflation and c...

Naver, Mirae Asset ramp up investment in India’s promising startups

Naver, Mirae Asset ramp up investment in India’s promising startups

South Korea’s top online platform operator Naver Corp. and brokerage giant Mirae Asset Securities Co. are aggressively investing in promi...

KIC to expand long-term investment in Asia

KIC to expand long-term investment in Asia

Korea Investment Corp. (KIC) focused on strengthening venture capital (VC) strategies and expanding co-investments with general partners (GPs) this ...

Korea scientists fund sees US-China conflict create infra investments

Korea scientists fund sees US-China conflict create infra investments

The Korea Scientists and Engineers Mutual-Aid Association's (SEMA) Chief Investment Officer Huh Sung-moo said on Wednesday that climate change and g...

LG Chem to set up separator JV in Hungary with Toray of Japan

LG Chem to set up separator JV in Hungary with Toray of Japan

LG Chem Ltd., South Korea’s top chemical maker, has agreed to set up a joint venture with Japan’s Toray Industries Inc. for the producti...

Goldman picks three key factors for alternative investment

Goldman picks three key factors for alternative investment

A number of clear trends will play out for alternatives in the future, notably digitization, customization, and values-based investing, Goldman Sach...

KIC to raise alternative investments to 25% by 2027

KIC to raise alternative investments to 25% by 2027

Korea Investment Corp. (KIC) plans to increase alternative investments to a quarter of its portfolio by 2027 from the current 16%, its CEO Jin Seoun...

Office investment falls 15% in Q3 2021, CBRE says

Office investment falls 15% in Q3 2021, CBRE says

The real estate investment market size in South Korea during the third quarter of this year reached 3.7 trillion won ($3.2 billion), showing a small...

Hyundai Motor swings to profit in Q3 on Genesis, SUVs

Hyundai Motor swings to profit in Q3 on Genesis, SUVs

Hyundai Motor Co. South Korea’s top automaker, turned to an operating profit in the third quarter on strong sales of the premium Genesis model...

Top Korean LPs to discuss post-pandemic investments

Top Korean LPs to discuss post-pandemic investments

The Korea Economic Daily is hosting Asia's biggest alternative investment forum in Seoul on Oct. 27, where chief executives of the National Pension ...

KTCU to be Korea’s first pension fund to invest in cryptocurrency ETF

KTCU to be Korea’s first pension fund to invest in cryptocurrency ETF

South Korea’s second largest institutional investor Korean Teachers' Credit Union (KTCU), with $40.2 billion under management, is eyeing its f...

Sweden's EQT staffs up in Asia with focus on Korea

Sweden's EQT staffs up in Asia with focus on Korea

EQT Partners, Europe's largest private equity firm, is staffing up its Asia Pacific team with a focus on South Korea, the investment firm said on Mo...

AgTech attracts global billionaires’ investment

AgTech attracts global billionaires’ investment

Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos and Softbank Group founder Masayoshi Son have recently shown a common interest in a surpr...

Korea’s slated IPOs fail to attract investors

Korea’s slated IPOs fail to attract investors

Investor confidence has waned in South Korea in line with stock market instability. Stock prices of some newly listed companies have failed to mee...

Masayoshi Son to bet $170 mn on Naver metaverse platform

Masayoshi Son to bet $170 mn on Naver metaverse platform

Softbank Group founder Masayoshi Son is slated to bet $170 million on Naver Corp.’s metaverse platform. The investment is expected to help Nav...

POSCO reaps rewards from Australia’s Roy Hill investment

POSCO reaps rewards from Australia’s Roy Hill investment

POSCO, the world’s fifth-largest steelmaker by output, has reaped the rewards of a $1.1 billion investment it made in Australia’s Roy Hi...

Kakao Pay sets IPO price at top end on heated demand

Kakao Pay sets IPO price at top end on heated demand

Kakao Group’s payment services unit Kakao Pay Corp. set the initial public offering price at the top end of the proposed band thanks to strong...

K-pop copyright trading platform Musicow prepares for IPO

K-pop copyright trading platform Musicow prepares for IPO

Musicow Inc., South Korea's first music copyright trading platform, has embarked on the process to go public on the back of its eye-catching growth ...

Simone drops IPO on weak institutional investor demand

Simone drops IPO on weak institutional investor demand

South Korean Simone Acc. Collection Ltd. has withdrawn its initial public offering plan on lukewarm demand from institutional investors, investment ...

STIC raises $25 mn to co-invest in US oil terminal

STIC raises $25 mn to co-invest in US oil terminal

South Korea's STIC Alternative Co. has raised $25 million to invest in a special purpose company of the Carlyle Group, which owns 50% of an oil expo...

SK Inc. to invest $102 million in China’s copper foil firm Lingbao Wason

SK Inc. to invest $102 million in China’s copper foil firm Lingbao Wason

SK Inc., the holding and investment company of South Korea’s SK Group, plans to invest 120 billion won ($102 million) in China’s Lingbao...

Enchem raises IPO price by a record 20% on strong investor demand

Enchem raises IPO price by a record 20% on strong investor demand

South Korea’s Enchem Co., which is working to list its shares on the Kosdaq market, has decided to raise its initial public offering price by ...

EQT to open Seoul office by yr-end to source Korean deals

EQT to open Seoul office by yr-end to source Korean deals

EQT Partners will be opening its Seoul office this year for the first time, as the Swedish private equity firm is preparing to source deals in South...

Korea’s Simone to spend up to 40% of net profit for dividends

Korea’s Simone to spend up to 40% of net profit for dividends

South Korean Simone Acc. Collection Ltd., the world’s No. 1 handbag maker, plans to spend 30-40% of net profit for dividends after a listing n...

Korean VC firms expand investment in Southeast Asia

Korean VC firms expand investment in Southeast Asia

South Korean venture capital firms are expanding their investment in Southeast Asia,  where startups grow rapidly based on a large population.K...

DearU: A K-pop fan engagement platform success story

DearU: A K-pop fan engagement platform success story

No company would know better than DearU Inc. that powerful fandom can turn into fast money.The South Korean startup that started as a software devel...

Hanwha-invested OneWeb’s internet satellites launched into orbit

Hanwha-invested OneWeb’s internet satellites launched into orbit

A Soyuz rocket has launched 36 new internet satellites operated by London-based OneWeb, in which South Korea’s Hanwha Systems Co. has a stake,...

CalSTRS, POBA co-invest $317 mn in US debts in 2021

CalSTRS, POBA co-invest $317 mn in US debts in 2021

The California State Teachers’ Retirement System (CalSTRS) and South Korea's Public Officials Benefit Association (POBA) have invested a combi...

F&F’s bid for TaylorMade complicates Centroid's exit plan S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales