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Korean chipmakersSK Hynix, Solidigm unveil SSD for data centers
South Korea's SK Hynix Inc., the world’s top-tier semiconductor manufacturer, unveiled its new solid-state drive (SSD) f...
Apr 05, 2022 (Gmt+09:00)
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REITsMirae Asset Global REIT to raise $371 mn for US warehouses
Mirae Asset Global Real Estate Investment Trust Co., a South Korean listed REIT under Mirae Asset Global Investments Co., is set...
Apr 05, 2022 (Gmt+09:00)
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Corporate investmentKorea’s Q1 facility investment cut in half, spooked by macroeconomic risks
South Korea’s major companies are drastically cutting their capital spending as heightened macroeconomic risks coupled wit...
Apr 05, 2022 (Gmt+09:00)
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CryptocurrenciesTotal of 19 mn Bitcoins mined, pushing price upward
Bitcoin mining hit a 19 million milestone in recent days, leading to a jump in its price. Tokyo-based SBI Crypto Co., under...
Apr 05, 2022 (Gmt+09:00)
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Private equityLessons learned from activist fund’s KAL exit
Activist fund Korea Corporate Governance Improvement Fund (KCGI) recently exited its investment in Hanjin KAL Co., the parent co...
Apr 05, 2022 (Gmt+09:00)
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Mergers & AcquisitionsPhilippines LCS Group buys Korea’s special purpose vessel maker
The Philippines’ LCS Group of Companies bought a South Korean special purpose vessel maker as it aims to supply defense pr...
Apr 05, 2022 (Gmt+09:00)
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Pension fundsKTCU, CalSTRS to launch $505 mn JV for US warehouses
Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, and The California Stat...
Apr 05, 2022 (Gmt+09:00)
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EconomyKorea March inflation at 10-year high; bond yields surge
South Korea’s consumer prices in March grew at the fastest pace in more than 10 years on surging energy and commodity pric...
Apr 05, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKakao Piccoma acquires Japan’s cryptocurrency exchange SEBC
Kakao Corp., South Korea’s top mobile messenger app operator, has acquired a controlling stake in Sakura Exchange BitCoin ...
Apr 05, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKorean PE firm in exclusive talks to buy golf grip brand SuperStroke
South Korea's Daol Private Equity, formerly known as KTB Private Equity, is in exclusive talks to buy the entirety of SuperStrok...
Apr 05, 2022 (Gmt+09:00)