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Corporate restructuringSK Ecoplant seeks to sell waste treatment business for $1.4 billion
SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, is seeking to dispose of i...
Feb 12, 2025 (Gmt+09:00)
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Korean stock marketMSCI Korea Index removes four petrochem firms, seven other stocks
MSCI, a global index compiler, said on Wednesday it has removed 11 stocks, including Lotte Chemical Corp., from its Korea index ...
Feb 12, 2025 (Gmt+09:00)
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Pension fundsKorea to let securities firms manage $43 bn public fund investment pool
South Korea said on Wednesday it aims to boost returns on 62.1 billion won ($42.7 billion) in the public fund investment pool by...
Feb 12, 2025 (Gmt+09:00)
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Shipping & ShipbuildingHD Hyundai, Hanwha to tap into $242 billion US Navy warship market
South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., – are set to ride t...
Feb 12, 2025 (Gmt+09:00)
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Mergers & AcquisitionsMeta in talks to acquire Korean fabless chip startup FuriosaAI: Forbes
Meta Platforms Inc., the parent of Facebook and Instagram, is in talks to acquire Seoul-based AI chip startup FurisosaAI Inc. an...
Feb 12, 2025 (Gmt+09:00)
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Real estateGIC at forefront of $413-mn deal to buy hotels from South Korea’s DL Group
Singapore sovereign wealth fund GIC Pte. has been given priority rights to buy three hotels valued at more than 600 billion won ...
Feb 12, 2025 (Gmt+09:00)
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EconomySouth Korean state think tank cuts 2025 growth forecast, flags US tariff risk
South Korea’s state-run think tank has cut its growth forecast for the country this year, citing President Donald Tru...
Feb 12, 2025 (Gmt+09:00)
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Corporate restructuringSamsung Life, Samsung Fire sell $193 mn in Samsung Electronics shares
Samsung Life Insurance Co., South Korea’s largest life insurer, and Samsung Fire & Marine Insurance Co., the country&r...
Feb 12, 2025 (Gmt+09:00)