Samsung beats TSMC to win new Qualcomm order to make mobile chips

Samsung Electronics Co. has clinched a deal with Qualcomm Technologies Inc. to manufacture 5G-capable mobile application processors designed for mid-r...

Biophilic, planterior design emerge as new trends for millennials

The 1994 film “Leon,"  known as “The Professional” in the US, became an iconic film portraying an unlikely friendship betwe...

Samsung to make new Qualcomm chips for 5G smartphones with 5nm technology

Samsung Electronics Co. has secured a deal to manufacture Qualcomm Technologies Inc.’s new mobile application processor for 5G smartphones, the ...

Doosan Heavy seeks new buyer for construction arm after deal falls through

Doosan Heavy Industries & Construction Co. has begun fresh talks with potential buyers for construction affiliate Doosan Engineering & Constru...

Hanwha Solutions, affiliates’ shares soar on Green New Deal, defense

Share prices of Hanwha Solutions Corp. and other Hanwha Group units are being re-rated as the companies shift their business focus to the green energy...

Doosan Heavy to wrap up first-round restructuring with $1.1 bn new share sale

Doosan Heavy Industries & Construction Co. Ltd., the debt-ridden South Korean power plant builder, is set to wrap up the first round of its debt r...

Kim Yong-jin officially appointed as NPS’ new CEO, likely to drive decision over CIO status

Kim Yong-jin, the former second vice finance minister of President Moon Jae-in’s government between mid-2017 and 2018, has been chosen as the Na...

Hanwha Life commits $400 mn to KKR’s new Asia buyout fund

Hanwha Life Insurance Co. Ltd., South Korea’s second-biggest life insurer, has committed around $400 million to KKR & Co.’s new Asia b...

FKI calls for further easing of new CVC rules to spur investment

The South Korean government, which recently decided to allow holding companies of conglomerates to run corporate venture capital (CVC) units, needs to...

Samsung Biologics to double bioreactor capacity with $1.5 bn new plant

Samsung Biologics Co. Ltd., the world’s largest contract manufacturing organization (CMO) in terms of capacity, will invest 1.74 trillion won ($...

Korean investors quickest to jump into new TALF fund: EMP Belstar

South Korean institutional investors have become the world's first group of investors in a fund related to the Federal Reserve's new Term Asset-B...

Hyundai, Hankook Tire may rebuild relations with new test-driving center

Hyundai Motor Group has reached a tentative agreement to build the country’s biggest test-driving center at a new tire testing facility of Hanko...

Korean funds hold off new midstream project investments

Pension funds, insurance companies and asset managers in South Korea have indefinitely halted new investments in North America’s midstream asset...

KIC to boost startup investment with new San Francisco office

Korea Investment Corporation will open a San Francisco office within the year to improve its deal sourcing capability for technology startups and othe...

Korean brokerages invest in Heathrow’s new runway project

Mirae Asset Daewoo Co. Ltd. and Korea Investment & Securities Co. Ltd. have provided a combined $434 million debt on the construction of Heathrow ...

Carlyle’s new credit fund draws $200 mn from Korea

Ten South Korean institutional investors have committed about $200 million to the Carlyle Group’s first credit opportunities fund which recently raise...

KIC picks Teachers’ Pension CIO as new chief investment officer

Korea Investment Corporation (KIC) has chosen Dae-yang Park, chief investment officer of the country’s Teachers’ Pension, as new CIO among a dozen app...

Korean firms underwrite $298 mn debt on new US gas plant

Three South Korean financial services firms - NH Investment & Securities Co. Ltd., its affiliate NH Bank and Hana Financial Investment Co. Ltd. - ...

Korea scientists fund appoints new CIO for two-year term

The Korea Scientists and Engineers Mutual-aid Association (SEMA) has appointed Sungmoo Huh, a former alternative investment and strategy head of Seoul...

[Interview] KTCU’s new CIO says to boost equity investments

The Korean Teachers’ Credit Union (KTCU) will aggressively seek equity-type investments such as stocks and private equities for extra returns wi...

KTCU appoints new CIO; POBA’s CIO to enter second term

The Korean Teachers’ Credit Union (KTCU) has appointed its corporate finance department head Ho Hyun Kim as chief investment officer, succeeding Sung-...

NPS names ex-equity division head as new CIO

The National Pension Service (NPS) appointed Hyo-Joon Ahn, former head of global public market and domestic equity divisions of the $565 billion pensi...

Vietnam’s Vingroup raises $400 mn from new stock sale to Hanwha Asset

Vingroup JSC, Vietnam’s largest conglomerate, has issued convertible preferred shares to raise $400 million in a private placement to South Korea’s Ha...

ADIA seeks to exit Seoul office building as new supply fuels competition

Abu Dhabi Investment Authority (ADIA) will put a 14-story office building in Seoul up for sale, in a deal expected to fetch between 550 billion and 60...

NPS tipped to buy Goldman Sachs’ new Europe HQ for over $1 bn

  The National Pension Service (NPS) has been recently picked as the preferred buyer of Goldman Sachs’ new European headquarters in London, ...

NPS appoints investment strategy head as new acting CIO

National Pension Service’s (NPS) investment strategy head Soo-Cheol Lee has assumed the role of acting chief investment officer of the $561 billion pe...

NPS says in bidding for Goldman Sachs’ new London head office

The National Pension Service (NPS) confirmed its bid for Goldman Sachs’ new headquarters in London, after media reports said that the South Korean pen...

KDB Bank, NH Investment underwrite $30 mn debt on Teekay’s new vessels

South Korea’s state-run lender KDB Bank and NH Investment & Securities Co. Ltd. have underwritten a $15 million subordinated debt each to partiall...

NPS tipped to restart CIO selection process in hunt for new candidates

The National Pension Service (NPS) has failed to choose a chief investment officer from 16 applicants and is likely to restart the selection process f...

KEB Hana arranges $280 mn loan to Ritz-Carlton New York’s top owner

KEB Hana Bank has arranged a $280 million syndicated loan to the biggest owner of the Ritz-Carlton hotel in Manhattan from a pool of South Korean fi...