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Cloud computing
NHN Cloud sets sights on GPU cloud service with Nvidia’s H100

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

2 Min read
Energy
Qcells starts solar module production at new US plant

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

2 Min read
Automobiles
BMW snubbed for Genesis, rivaling Mercedes in South Korea

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

3 Min read
Coupang to keep investing to widen lead despite Q1 loss
Earnings
Coupang to keep investing to widen lead despite Q1 loss

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

4 Min read
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  • main-프리미엄구독배너(뉴스레터용x)

COMPANIES

  • Aekyung Chemical develops hard carbon of SIB
    Batteries
    Aekyung 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
  • Samsung tops global OLED market in one year
    Electronics
    Samsung 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
  • S.Korean startups gear up for hot senior living market
    Korean startups
    S.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
  • UAE to invest up to $1 bn in S.Korean ventures
    Venture capital
    UAE 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
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Hidden Champions

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  • 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

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  • 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

NPS to hike risky asset buys under simple allocation slots
Pension funds
NPS to hike risky asset buys under simple allocation slots

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)

2 Min read
Real estate
US multifamily market challenges create investment opportunities

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)

5 Min read
Mergers & Acquisitions
STIC Investments to sell Korea’s top mobile coupon platform

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)

1 Min read
Pension funds
NPS to commit $1.1 bn to external managers in 2024

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)

2 Min read
Banking & Finance
Hanwha Life to buy stake in Indonesia's Nobu Bank

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)

1 Min read

M&A

ECM/DCM

MARKETS

  • Markets
    Korea 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 market
    Kospi 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
  • Economy
    BOK'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
OECD sharply revises up S.Korea GDP forecast after strong Q1
Economy
OECD 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
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