Hyundai Group chair exits Schindler-invested unit board
Hyundai Group's chairwoman on Friday resigned from the board of its elevator unit, whose No. 2 shareholder is Schindler Holding AG, amid mounting sh...
Trafigura to invest in S.Korea’s EV cell materials maker
Trafigura, a major global commodity trader, is set to invest in a South Korean electric vehicle battery raw materials manufacturer to take advantage...
Naver-invested Bering Lab tops at Huawei startup contest
South Korea’s artificial intelligence (AI) legal technology startup Bering Lab, with investment from Naver D2 Startup Factory (D2SF), receiv...
Samsung Asset launches 1st Korea-listed ETF in US
Samsung Asset Management Co., South Korea’s largest exchange-traded fund (ETF) manager, has launched an ETF in the US, the first of its kind t...
Investors roundtable: Watch out for a possible recession
Investors should carefully watch out for the probability of recession and how it will impact asset allocation strategies next year, experts said at ...
STX to invest in lithium business in Peru, Brazil
South Korea’s trading company STX Corp. signed a tripartite agreement with local partners in Peru and Brazil to develop lithium mines and trad...
Saudi Aramco’s $7 bn Korea project mired by labor shortage
Saudi Aramco’s $7 billion petrochemical project in South Korea, in what would be its largest-ever investment in the country, has hit a stumbli...
Mirae seeks sale of HK Goldin assets to recoup investment
Mirae Asset Securities Co., South Korea’s largest brokerage house, plans a public tender of assets held by debt-laden Goldin Financial Holding...
Barings taps John Park as S.Korean asset management head
Barings LLC has appointed Chong Hak (John) Park as head and sole representative director of its South Korean asset management arm, effective Jan. 1,...
POSCO Int’l to invest $519 mn in EV parts output expansion
POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., plans to spend 680 billion won ($519....
Samsung to feature AI-based real time translation in Galaxy
Samsung Electronics Co. announced on Thursday it plans to feature AI-based translation in its upcoming Galaxy AI smartphone. AI Live Translate Call ...
POSCO Holdings to secure lithium from oil-field brine in Canada
South Korea's POSCO Holdings Inc. announced on Wednesday it signed a memorandum of understanding (MOU) with Invest Alberta Corporation (IAC) in Seou...
Doosan Bobcat to build new factory in Mexico
Doosan Bobcat Inc., the construction and agricultural machine manufacturer of South Korea’s Doosan Group, announced on Wednesday it plans...
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...
LG Energy, SK On to delay battery JVs with Ford as demand slows
South Korea’s leading battery makers are postponing their plans to start operations of their joint ventures with Ford Motor Co. as the growth ...
SK Telecom invests in AI startups Allganize, Imprimed
SK Telecom Co. has invested a combined 9.4 billion won ($7.2 million) in artificial intelligence startups Allganize Inc. and Imprimed Inc., the top ...
SsangYong C&E to invest $616 mn in eco-friendly facilities
South Korea's cement maker SsangYong C&E Co. is investing 800 billion won ($616 million) in facilities to reduce environmental pollution in the ...
Goldman Sachs promotes YK Yoon in Seoul to MD
The Goldman Sachs Group Inc. named YK Yoon, head of fixed-income, currency and commodities (FICC) of the Seoul office, as a new managing director (M...
South Korea’s Dailybeer to enter into Singaporean market
Dailybeer, South Korean craft beer and fried chicken chain, announced on Friday it signed a contract with Singapore-based Katrina Group for joint in...
Hillhouse to up investment in S.Korea with new hires
Hillhouse Investment Management Ltd., one of the largest private equity firms in Asia, is set to create an investment team dedicated to the South Ko...
Naver-invested ichrogene enters Thai market
South Korea's digital healthcare startup ichrogene, with investment from Naver D2 Startup Factory (D2SF), entered into Thai market. Naver Corp....
Korea Investment raises $400 mn to expand US assets
Seoul-based brokerage firm Korea Investment & Securities Co. (KIS) has raised $400 million in new bonds to strengthen its investments in the US ...
Korea plans wider crackdown on foreigners’ short-selling
South Korea’s financial regulator plans wider investigations into illegal short-selling trades by major foreign investment banks to ease conce...
SK Networks invests $20.7 mn in pet care startup
South Korean trading firm SK Networks Co. announced on Monday it has completed a 28-billion-won ($20.7 million) investment in the domestic pet care ...
Korea Investment, Carlyle Group sign strategic partnership
Korea Investment & Securities Co. announced on Friday it has signed a strategic partnership with Carlyle Group, one of the world's leading priva...
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...
Innocean to invest $370 million in new growth drivers
Innocean Worldwide Inc., the global marketing communications arm of Hyundai Motor Group, will invest 500 billion won ($370 million) for four years u...
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...
POBA to increase long-term private credit investments
South Korea’s Public Officials Benefit Association (POBA) will step up its private credit and bonds until next year as it expects high interes...
S.Korea’s startups see Sept. investment surge 85%
South Korea’s startups last month saw investment rise for the first time this year.The Seoul-based Startup Alliance, a private support organiz...
