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Hydrogen economyHyundai to provide hydrogen fuel cell system for world’s first electric car race
South Korea’s Hyundai Motor Group will provide its hydrogen fuel cell system to the world’s first touring race for e...
Jun 11, 2021 (Gmt+09:00)
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Private equityKorean PEFs buy Spyder's S.Korean license for over $50 mn
A consortium of three South Korean private equity firms has acquired the domestic operations of the US sportswear brand Spyder f...
Jun 11, 2021 (Gmt+09:00)
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Central bankBank of Korea governor sends stronger signal to raise rates this year
South Korea’s central bank governor on Friday flagged a tighter monetary policy for the second time in less than a month, ...
Jun 11, 2021 (Gmt+09:00)
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InsuranceKakao enters insurance sector for synergy with its online platforms
Kakao Corp.’s ambition to become an insurer is gradually becoming a reality. The platform giant’s application to sta...
Jun 11, 2021 (Gmt+09:00)
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Korean startupsFastFive secures near $30 mn; pushes to become office solutions provider
South Korea's co-working space provider FastFive Co. announced on June 11 that it has raised 30 billion won ($27 million) from s...
Jun 11, 2021 (Gmt+09:00)
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Private equityIMM Investment eyes $900 mn infrastructure fund launch
IMM Investment Corp., a South Korean alternative investment firm, is planning to raise 1 trillion won ($900 million) for its new...
Jun 11, 2021 (Gmt+09:00)
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IPOsBlackstone-invested handbag maker Simone applies for IPO review
South Korea’s luxury handbag maker Simone Acc. Collection Ltd., 30% owned by US private equity firm Blackstone, has kicked...
Jun 11, 2021 (Gmt+09:00)
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Monthly trade infographicsPetroleum products rebound; Korea reaches all-time high April exports
Petroleum products become driving force behind South Korea's export market Exports of petroleum products turned positive this y...
Jun 11, 2021 (Gmt+09:00)
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E-commerceShinsegae to raise $2 bn in secured loan for eBay Korea
South Korea's Shinsegae and Lotte groups, the two final contenders for eBay Korea, are hurrying to securitize their assets, even...
Jun 11, 2021 (Gmt+09:00)
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Banking & FinanceToss Bank to compete with K Bank, Kakao Bank from September
Toss Bank in September will enter the race of internet-only banks in South Korea as the third player, competing against K Bank a...
Jun 11, 2021 (Gmt+09:00)
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BrandingLG unveils fresh-faced logo designs to firm up brand storytelling
South Korea-based electronics giant LG has revealed new designs of its logo, "Face of the Future," in a move to upgrade its bran...
Jun 11, 2021 (Gmt+09:00)