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Tech

Hanwha-invested OneWeb’s 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, into orbit, enlarging OneWeb’s broadband constellation beyond its halfway mark.The OneWeb satel

[Exclusive] Entertainment

CJ ENM in exclusive talks to acquire SM Entertainment

South Korea's entertainment powerhouse CJ ENM Co. is in exclusive talks to acquire a 19.37% stake in SM Entertainment Co., the country's first-generation music label and widely credited as the pioneer of K-pop.According to the investment banking indu

[Interview] Battery materials

Enchem: A rags-to-riches story in battery materials business

When Cheil Industries, a former chemical unit of South Korea’s largest conglomerate Samsung Group, decided to hive off a business unit that makes electrolytes and outsource the battery material some 13 years ago, no one expected the electric ve

Startups

Korean P2P lending platform 8Percent raises near $40 mn

South Korea-based online peer-to-peer lending platform 8Percent has secured 43.5 billion won ($38.3 million) in an investment round led by the Silicon Valley-based BRV Capital Management, an early investor in the world's biggest online payment servic

[Exclusive] Entertainment

CJ ENM in exclusive talks to acquire SM Entertainment

E-commerce

Yanolja eyes $250 mn stake in Interpark spin-off

[Exclusive] Private equity

Tesco forced to return $160 mn to MBK over Homeplus

Group restructuring

Amazon in talks to invest in SK Tel's spun-off unit

[Interview] Battery materials

Enchem: A rags-to-riches story in battery materials business

IPOs

LG Energy IPO plan elusive after GM recall settlement

Earnings

LG’s Q3 profit halves on GM recalls, sales at record-high

M&As

KKR named as preferred buyer of SK E&S' $2 bn shares