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EarningsDongkuk Steel’s Q1 operating profit hits 5-year high as economy recovers
Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, on Monday reported its largest quarterly operating profit ...
May 17, 2021 (Gmt+09:00)
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Korean startupsSkyLabs wraps up $20 mn Series B round; eyes 2022 listing
South Korea-based healthcare startup SkyLabs has wrapped up its 22.5 billion won ($20 million) Series B round, with plans to foc...
May 17, 2021 (Gmt+09:00)
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Aerospace & DefenseHanwha, KAIST to co-launch space research center
Hanwha Group will launch space technology research and commercial projects together with South Korea’s top science and eng...
May 17, 2021 (Gmt+09:00)
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Korean InvestorsMilitary Mutual picks ex-Lotte Non-Life CIO as investment chief
The Military Mutual Aid Association (MMAA), an $11 billion savings fund for South Korean military officers and personnel, said o...
May 17, 2021 (Gmt+09:00)
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DealsSK Hynix push for takeover of Key Foundry to boost foundry production
SK Hynix Inc. is taking the first steps to take over South Korea-based Key Foundry, a move in line with recent remarks from Park...
May 17, 2021 (Gmt+09:00)
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Wealth managementSongs and art: Fractional investing bedazzles millennial investors
Meet Mr. A, born in the '80s and a self-proclaimed "analog person" who enjoys collecting CDs and artbooks of his favorite painte...
May 17, 2021 (Gmt+09:00)
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Construction & PlanningHyundai CE, Amazon develop AI-based equipment diagnosis technology
Hyundai Construction Equipment Co. (Hyundai CE), an affiliate of Hyundai Heavy Industries Holdings Co., said on May 17 that it h...
May 17, 2021 (Gmt+09:00)
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Artificial intelligenceLG Group to invest $106 mn in advanced AI tech development
South Korea’s LG Group will spend about 120 billion won ($106 million) over the next three years to establish a massive hi...
May 17, 2021 (Gmt+09:00)
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Private equityBaring PEA revives IPO plan for delivery firm Logen
Baring Private Equity Asia is joining a group of private equity firms that have just resumed the stalled process for initial pub...
May 17, 2021 (Gmt+09:00)
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Korean chipmakersKorean foundry firm DB HiTek sets new Q1 sales record
South Korea’s foundry company DB HiTek Co. has reported the highest quarterly revenue since its establishment in 1997. The...
May 17, 2021 (Gmt+09:00)
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Sovereign wealth fundsKIC appoints career bureaucrat as new CEO
Jin Seoungho, an ex-senior finance ministry official in South Korea, will take office as Korea Investment Corporation's (KIC) ne...
May 17, 2021 (Gmt+09:00)