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ASK 2021KIC says still premature to invest in cryptocurrencies
The Korea Investment Corp. (KIC) is keeping an eye on cryptocurrencies as some famed hedge fund managers began investing in the ...
May 13, 2021 (Gmt+09:00)
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Korean chipmakersASML joins K-Semiconductor Belt with $210 mn investment by 2025
The Netherlands-based ASML Holding N.V., the world’s leading supplier of semiconductor equipment, will be joining the Sout...
May 13, 2021 (Gmt+09:00)
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Korean chipmakersSamsung to invest $151 bn in foundry by 2030, up 28.5% from initial plan
Samsung Electronics Co. will invest 171 trillion won ($151 billion) by 2030 to take over the global foundry leadership from its ...
May 13, 2021 (Gmt+09:00)
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Korean startupsSoftBank Ventures invests in fashion app targeting middle-aged women
South Korea-based Queenit, a fashion mobile platform targeting middle-aged women, has secured around 5.5 billion won ($5 million...
May 13, 2021 (Gmt+09:00)
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EarningsSK Innovation eyes strong battery orders after returning to Q1 profit
SK Innovation Co., a major South Korean oil refiner and battery maker, has returned to an operating profit in the first quarter,...
May 13, 2021 (Gmt+09:00)
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Mezzanine loansKorean LPs to sue Mirae, NH over Las Vegas loan loss
South Korean institutional investors in the Drew Las Vegas development are preparing to file a lawsuit against two domestic brok...
May 13, 2021 (Gmt+09:00)
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EconomyHeavy household borrowing fans Korea’s asset market overheating
South Korea’s asset market is showing signs of overheating as households take out fresh loans at a record pace to invest i...
May 13, 2021 (Gmt+09:00)
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Korean startupsColosseum rises to e-commerce challenge with one-stop solution
Fulfillment companies are expected to enjoy sharp growth this year, thanks to the global e-commerce boom fueling demand for fu...
May 13, 2021 (Gmt+09:00)