NHN Cloud Corp., a cloud computing unit of South Korea’s internet company NHN Corp., is setting its sights on a graphics processing unit (GPU)-based cloud service armed with Nvidia Corp.’s H100 chips.Kim Dong-hoon, chief executive of NHN Cloud, said on Tuesday the com
3 HOURS AGO
Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group known as Qcells in overseas markets, has started commercial operations of a solar module plant in Cartersville, Georgia, to tap into US federal benefits and cement its lea
21 HOURS AGO
In South Korea, esteemed German auto brands BMW and Mercedes-Benz have for years been the top two brands vying for the hearts of luxury car buyers, who typically pass over local brands such as Hyundai Motor Co. or Kia Corp.On Tuesday, however, some industry survey results surpris
21 HOURS AGO
Coupang Inc., South Korea’s No. 1 e-commerce platform facing fierce competition from Chinese rivals, dipped into the red in the first quarter, snapping its earnings growth streak for the past six straight quarters largely due to money-losing Farfetch Holdings Plc. Despite the loss, the company will continue investing to improve delivery infrastructure and diversify products and services to fend off the fast infiltration of Chinese players o
2 HOURS AGO
MOST READ
COMPANIES
-
BatteriesAekyung Chemical develops hard carbon of SIB
South Korea's Aekyung Chemical Co. announced on Wednesday that it developed a high-performance hard carbon material that functions as the main anode material for sodium-ion batteries (SIB). The newly developed hard carbon matches global standards wit
1 HOURS AGO
1 Min read -
ElectronicsSamsung tops global OLED market in one year
Samsung Electronics Co. announced on Wednesday that it achieved the number one sales position in the global OLED monitor market one year after entering. According to International Data Corporation (IDC), Samsung captured 34.7% in revenue and 28.3% in
3 HOURS AGO
1 Min read -
Korean startupsS.Korean startups gear up for hot senior living market
Elder-care startups are rushing to build high-end senior homes in South Korea targeting affluent Generation Xers set to retire in five years on expectations of high demand for luxury senior lifestyle in the rapidly aging country with a constrained su
6 HOURS AGO
2 Min read -
Venture capitalUAE to invest up to $1 bn in S.Korean ventures
The United Arab Emirates is set to invest a maximum of $1 billion in South Korean startups via a joint venture, as a part of its mid- to long-term plan to spread $30 billion across strategic sectors including nuclear power, defense and clean energy o
17 HOURS AGO
1 Min read
Hidden Champions
More-
Point Mobile
Published: Sep 14, 2021
Last updated: May 10, 2022
-
T-Robotics
Published: Mar 25, 2021
Last updated: Jan 30, 2023
-
DCM
Published: Dec 09, 2022
Last updated: Jan 30, 2023
-
Buhmwoo Group
Published: Apr 21, 2021
Last updated: Jan 30, 2023
-
Jong Ie Nara
Published: May 26, 2021
Last updated: Apr 15, 2022
Future Unicorns
More-
S.lab Asia
Published: Jul 20, 2022
Last updated: Jul 21, 2022
-
L-Base
Published: Oct 21, 2022
Last updated: Nov 16, 2022
-
BJ BIOCHEM
Published: Oct 21, 2022
Last updated: Nov 04, 2022
-
Fridays Lab
Published: Jun 30, 2023
Last updated: Nov 10, 2023
-
iCore
Published: Oct 07, 2022
Last updated: Apr 17, 2023
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 services
May 03, 2024 (Gmt+09:00)
2 Min read -
Mergers & AcquisitionsOsstem to buy Brazil’s No. 3 dental implant maker
May 03, 2024 (Gmt+09:00)
2 Min read
ECM/DCM
-
Future mobilityHyundai to spend $923 mn on self-driving JV Motional
May 03, 2024 (Gmt+09:00)
2 Min read -
E-commerceAlibaba eyes 1st investment in Korean e-commerce platform
Apr 22, 2024 (Gmt+09:00)
2 Min read
MARKETS
-
MarketsKorea to fine Credit Suisse, Nomura $40 mn on short sales
South Korea’s top financial regulator has recently notified Credit Suisse and Nomura Securities of a decision to fine them a combined 54.0 billion won ($40 million) for allegedly illegal short selling, including around 50 billion won to be imposed on Credit Suisse, according to financial industry sources.The penalties charged for the Switzerl
24 HOURS AGO
3 Min read -
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
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)
CULTURE & TRENDS
-
Travel & LeisureAman, Rosewood, Banyan, IHG to open luxury hotels in Seoul
May 05, 2024 (Gmt+09:00)
4 Min read -
Travel & LeisureKorean retailers, hotels enjoy tourist boom in May holidays
Apr 30, 2024 (Gmt+09:00)
4 Min read
PERSPECTIVES
-
The KED ViewLabor reform urged in Korea with higher wages than Japan
Mar 18, 2024 (Gmt+09:00)
2 Min read