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IPOsHyundai Oilbank to start IPO process this month
South Korean refiner Hyundai Oilbank Co. plans to begin the process for a stock market listing in the first half of 2022 as earl...
Dec 02, 2021 (Gmt+09:00)
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AutomobilesHyundai Genesis, Kia attract record customers in US
Hyundai Motor Co.’s premium car brand Genesis and its affiliate Kia Corp. have logged record sales in the US so far this y...
Dec 02, 2021 (Gmt+09:00)
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Venture capitalKorea Venture Investment creates global fund worth $2 billion
Korea’s government-backed fund of funds (FOF) management institution announced its latest selection of funds late last mon...
Dec 02, 2021 (Gmt+09:00)
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Electric vehiclesPOSCO International signs parts supply deal with US EV startup Rivian
POSCO International Corp., the trading unit of South Korea’s steel giant POSCO, said on Thursday it has signed a $6 millio...
Dec 02, 2021 (Gmt+09:00)
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Venture capitalKTB Network to list at bottom of price range
KTB Network Co., South Korea's first-generation venture capital firm, priced its public offering price at the bottom of the guid...
Dec 02, 2021 (Gmt+09:00)
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LogisticsGS Retail invests $55 mn in Kakao Mobility to boost online presence
GS Retail Co. is investing 65 billion won ($55 million) in Kakao Mobility Corp., South Korea's No.1 taxi-hailing app, adding to ...
Dec 02, 2021 (Gmt+09:00)
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EconomyKorean inflation nears 10-year peak in November, fanning rate hike views
South Korea’s consumer inflation hit a near-decade peak in November, fanning expectations that the central bank will raise...
Dec 02, 2021 (Gmt+09:00)
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BatteriesPOSCO Chemical, GM to launch new battery material JV in US
South Korea’s POSCO Chemical Co. said on Thursday it is forming a new joint venture with US top automaker General Motors C...
Dec 02, 2021 (Gmt+09:00)
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Venture capitalKorea's biggest fund to invest $5.8 million in overseas VCs
Korea Venture Investment Corp. plans to invest $58.2 million or about 69 billion won in 10 funds around the globe. The gove...
Dec 02, 2021 (Gmt+09:00)
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Pension fundsNPS picks Hillhouse Capital for private equity investment in Q3
South Korea’s National Pension Service (NPS) selected private equity giant Hillhouse Capital Group in the third quarter ...
Dec 02, 2021 (Gmt+09:00)
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Mergers & AcquisitionsKakao buys startup Grip, fueling e-commerce push
South Korea's Kakao Corp. has acquired a live streaming e-commerce app Grip Co. to beef up its online shopping business, conside...
Dec 02, 2021 (Gmt+09:00)