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IPOsLG Energy takes on CATL as it prepares for Korea’s largest-ever IPO
LG Energy Solution Ltd. has vowed to outrival the world’s top battery player CATL as the South Korean company is preparing...
Jan 10, 2022 (Gmt+09:00)
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Mergers & AcquisitionsEdison Motors and Ssangyong Motor ink takeover deal
Ssangyong Motor Co. has finally found a new owner. South Korea’s bankruptcy court approved Ssangyong Motor Co. and electri...
Jan 10, 2022 (Gmt+09:00)
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REITsKorean REITs total assets surpass $58 bn in 2021
The combined total assets of real estate investment trusts (REITs) in Korea surpassed 70 trillion won ($58.4 billion) as of the ...
Jan 10, 2022 (Gmt+09:00)
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Beauty & CosmeticsLG Household’s China strategy put to test as shares crash
LG Household & Health Care Ltd.’s shares have been flying high since its market debut in 2001, and have more recently ...
Jan 10, 2022 (Gmt+09:00)
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Leadership & ManagementKakao co-CEO nominee resigns after stock option exercise
Alex Young-joon Ryu, a nominee for new co-CEO of South Korea's top mobile messenger app Kakao Corp., on Monday offered to step d...
Jan 10, 2022 (Gmt+09:00)
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EntertainmentSquid Game Player 001 wins as best TV supporting actor at Golden Globes
Netflix mega-hit Squid Game’s actor Oh Young-soo, Player 001, has won Best Performance by an Actor in a Supporting Role on...
Jan 10, 2022 (Gmt+09:00)
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BiotechSK invests $350 mn in US CDMO firm
SK Inc., the holding company of SK Group, announced Sunday that it invested $350 million into Pennsylvania-based Center for Brea...
Jan 10, 2022 (Gmt+09:00)
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Pre-IPOsSK Pharmteco to raise up to $498 mn on $5 bn valuation
SK Pharmteco, a contract development and manufacturing organization (CDMO) for pharmaceuticals, is slated to raise 400 billion (...
Jan 10, 2022 (Gmt+09:00)
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Private equityCICC to form up to $3.3 bn funds for bio, chips in Korea and others
CICC Capital, a private equity firm of China's largest investment bank China International Capital Corporation (CICC), will crea...
Jan 10, 2022 (Gmt+09:00)
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Patent disputesSamsung sued by ex-patent chief over IP infringement
A former vice president of Samsung Electronics Co., who led the South Korean tech giant's seven-year patent fight with Apple Inc...
Jan 10, 2022 (Gmt+09:00)
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CES 2022Hyundai to sell half of cars in US with eco-friendly models by 2030
Hyundai Motor Co., South Korea’s top automaker, aims to sell half of the cars in the US with eco-friendly models by 2030, ...
Jan 10, 2022 (Gmt+09:00)