South Korea’s top automaker Hyundai Motor Co. plans to introduce a next-generation model of the hydrogen fuel cell electric vehicle (FCEV) NEXO crossover for the first time after its launch in 2018 as early as the second quarter of 2025 to cement its leadership in the globa
19 HOURS AGO
WASHINGTON, D.C. – The US government has given automakers additional flexibility on battery mineral requirements, allowing electric vehicles with batteries containing graphite from China to be eligible for tax credits until the end of 2026.South Korea, home to the world&rsq
May 05, 2024 (Gmt+09:00)
TOKYO – South Korea’s tech giant Naver Corp. said on Friday that Japan’s administrative guidance for Naver to sell down its control in LY Corp., the operator of popular mobile messenger app Line in Japan, is unprecedented.Choi Soo-yeon, chief executive of Naver,
May 03, 2024 (Gmt+09:00)
Samsung Electronics Co., the world’s top memory chipmaker, established a team for a billions-of-dollars high-bandwidth memory chip supply deal with Nvidia Corp., the global artificial intelligence semiconductor giant, to beat the HBM market leader SK Hynix Inc.The task force with about 100 excellent engineers has been working to improve manufacturing yields and quality with the first aim to pass Nvidia’s tests as Nvidia CEO Jensen Hua
12 HOURS AGO
MOST READ
COMPANIES
-
Shipping & ShipbuildingHD Hyundai, ABS to set standards for e-propulsion shipsSouth Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) and HD Hyundai Heavy Industries Co., partnered with the American Bureau of Shipping (ABS) to capture a large electric propulsion ship market.HD Hyundai announced on Friday t
May 03, 2024 (Gmt+09:00)
1 Min read -
Hydrogen economyHyundai to expand US hydrogen truck business with CaliforniaHyundai Motor Co., South Korea’s top automaker, is gearing up its hydrogen truck business in the US by teaming up with a California nonprofit to expand its presence in the eco-friendly commercial vehicle market of the world’s largest econ
May 03, 2024 (Gmt+09:00)
2 Min read -
AutomobilesHyundai Motor Group has most IIHS top safety pick carsHyundai Motor Group announced on Friday that the Hyundai Motor Co.'s IONIQ 5 achieved the highest rating of "Top Safety Pick Plus" (TSP+) in crash tests conducted by the US Insurance Institute for Highway Safety (IIHS), which was announced the day be
May 03, 2024 (Gmt+09:00)
1 Min read -
Bio & PharmaSamsung Life Science invests in US biotech firm Latus BioSamsung Life Science Fund, managed by Samsung Group’s venture investment arm, has invested in US biotechnology firm Latus Bio Inc. during the latter’s Series A funding round raising $54 million, according to the US company’s press r
May 03, 2024 (Gmt+09:00)
3 Min read
Hidden Champions
More-
Buhmwoo Group
Published: Apr 21, 2021
Last updated: Jan 30, 2023
-
DCM
Published: Dec 09, 2022
Last updated: Jan 30, 2023
-
Jong Ie Nara
Published: May 26, 2021
Last updated: Apr 15, 2022
-
Point Mobile
Published: Sep 14, 2021
Last updated: May 10, 2022
-
T-Robotics
Published: Mar 25, 2021
Last updated: Jan 30, 2023
Future Unicorns
More-
iCore
Published: Oct 07, 2022
Last updated: Apr 17, 2023
-
S.lab Asia
Published: Jul 20, 2022
Last updated: Jul 21, 2022
-
BJ BIOCHEM
Published: Oct 21, 2022
Last updated: Nov 04, 2022
-
Fridays Lab
Published: Jun 30, 2023
Last updated: Nov 10, 2023
-
L-Base
Published: Oct 21, 2022
Last updated: Nov 16, 2022
KOREAN INVESTORS
The National Pension Service (NPS), South Korea’s state-run pension fund, is introducing a new simplified asset allocation guideline under which it aims to increase its purchase of risky assets, including stocks and alternative asset products.I
May 02, 2024 (Gmt+09:00)
There is potential distress in the U.S. multifamily housing sector today. we believe there is a window of opportunity over the next 12-18 months for well-capitalized investors to take advantage of select distress opportunities and to exit when capit
Apr 30, 2024 (Gmt+09:00)
Seoul-based private equity firm STIC Investments is set to sell Coop Marketing, South Korea’s largest mobile coupon platform company that operates digital voucher systems for the country’s top online messenger Kakao Talk, shopping centers
Apr 30, 2024 (Gmt+09:00)
South Korea’s National Pension Service (NPS) will select domestic general partners (GPs) to manage about 1.5 trillion won ($1.1 billion) worth of investment this year, its biggest-ever external allocation also set to invest in high-default-risk
Apr 28, 2024 (Gmt+09:00)
South Korea’s second-largest insurer Hanwha Life Insurance Co., with 109 trillion won ($79.4 billion) in total assets as of end-September 2023, said on Wednesday it will buy shares in a banking unit of Indonesian conglomerate Lippo Group to exp
Apr 24, 2024 (Gmt+09:00)
M＆A
-
Mergers & AcquisitionsWoori buys Korea Foss Securities to offer brokerage servicesMay 03, 2024 (Gmt+09:00)
2 Min read -
Mergers & AcquisitionsOsstem to buy Brazil’s No. 3 dental implant makerMay 03, 2024 (Gmt+09:00)
2 Min read -
E-commerceMBK to delist e-commerce Connectwave after tender offerApr 29, 2024 (Gmt+09:00)
1 Min read -
InsuranceKorea's Lotte Insurance up for sale for around $1.5 bnApr 23, 2024 (Gmt+09:00)
1 Min read
ECM/DCM
-
Future mobilityHyundai to spend $923 mn on self-driving JV MotionalMay 03, 2024 (Gmt+09:00)
2 Min read -
-
-
E-commerceAlibaba eyes 1st investment in Korean e-commerce platformApr 22, 2024 (Gmt+09:00)
2 Min read
MARKETS
-
Korean stock marketKospi 200 valued sharply lower than MSCI developed rivals
South Korea’s listed firms are undervalued compared with companies in public markets of developed and emerging countries, according to the Korea Exchange (KRX) on Friday.The price-to-book (P/B) ratio of the firms on the Kospi 200 Index was 1.0, based on their closing prices on May 2 and 2023 year-end financial statements, KRX found. The index
May 03, 2024 (Gmt+09:00)
1 Min read -
EconomyBOK's rate policy back to square one after GDP, Fed comments
TBILISI, Georgia – The Bank of Korea (BOK) will go back to square one on monetary policy as stronger-than-expected economic growth in the first quarter and delayed rate cuts in the US may make the factors it had closely monitored before a rate move not worthy of consideration, its governor said on Thursday.BOK Governor Rhee Chang-yong told re
May 03, 2024 (Gmt+09:00)
3 Min read -
EconomyOECD sharply revises up S.Korea GDP forecast after strong Q1
The Organisation for Economic Co-operation and Development (OECD) forecasts South Korea’s economy to expand at a faster pace than it previously expected on the prospect of recoveries in consumer spending and investment later this year, alongside robust export growth led by semiconductor chips.In its OECD Economic Outlook report released on Th
May 02, 2024 (Gmt+09:00)
2 Min read
South Korean brokerage firms expanded their net profits from overseas operations last year, backed by increased gains from their investment banking and bond trading, according to Financial Supervisory Service (FSS) data on Thursday. The 14 domestic brokerage firms were operating 63 affiliates and 10 branches abroad as of the end of 2023. The offsh
May 02, 2024 (Gmt+09:00)
CULTURE ＆ TRENDS
-
Travel & LeisureKorean retailers, hotels enjoy tourist boom in May holidaysApr 30, 2024 (Gmt+09:00)
4 Min read -
HealthcareKorea’s rising medical tourism: Skin care, plastic surgeryApr 29, 2024 (Gmt+09:00)
2 Min read
PERSPECTIVES
-
-
The KED ViewLabor reform urged in Korea with higher wages than JapanMar 18, 2024 (Gmt+09:00)
2 Min read
![우리은행 [아이유편]](/data/ked/banner/ked1711607185.9872.jpg)
