-
Mergers & AcquisitionsKDB seeks to sell $2.3 bn CBs in HMM to lay groundwork for stake sale
The state-run Korea Development Bank (KDB) is seeking to sell 2.6 trillion won ($2.3 billion) in perpetual convertible bonds i...
Jul 19, 2021 (Gmt+09:00)
-
AirlinesKorean Air won't sell Asiana's budget carriers post-merger
Korean Air Lines Co. (KAL) will not put Asiana Airlines Inc.'s two low-cost carriers (LCCs) up for sale after it completes its 1...
Jul 19, 2021 (Gmt+09:00)
-
Korean chipmakersLG Innotek’s substrate business becomes a cash cow
Korea’s leading camera module maker LG Innotek Co. is projected to post record earnings this year thanks to its fast-growi...
Jul 19, 2021 (Gmt+09:00)
-
Battery materialsSK Materials to form a JV with US battery startup Group14 Technologies
SK Materials Co., SK Group’s industrial gas manufacturing arm, will set up a joint venture (JV) with a US battery materi...
Jul 19, 2021 (Gmt+09:00)
-
Pension fundsGCM Grosvenor wins POBA's $300 mn infra SMA mandate
South Korea's Public Officials Benefit Association (POBA) has recently picked GCM Grosvenor, a US alternative investor, as its n...
Jul 19, 2021 (Gmt+09:00)
-
EnergySamsung Heavy aims renewable energy markets with offshore wind floater
South Korea’s Samsung Heavy Industries Co. unveiled an offshore wind floater to branch out into renewable energy markets a...
Jul 19, 2021 (Gmt+09:00)
-
Hydrogen economyPOSCO, Doosan join hands on ammonia-fueled gas turbines
POSCO and Doosan Heavy Industries & Construction Co., the two key members of Korea’s ambitious green ammonia alliance ...
Jul 19, 2021 (Gmt+09:00)
-
ElectronicsSamsung launches upgraded commercial MicroLED display The Wall
Samsung Electronics Co., the world’s largest TV maker, is launching an upgraded model of The Wall, a large-size modular Mi...
Jul 19, 2021 (Gmt+09:00)
-
Corporate BondsKorea’s cash-rich firms issue more bonds amid low interest environment
Some of the most cash-abundant firms across different industries in South Korea are issuing large amounts of bonds to raise even...
Jul 19, 2021 (Gmt+09:00)
-
Korean startupsEx-TMON CEO launches e-commerce startup; raises over $17 mn in seed round
South Korea-based e-commerce startup RXC has secured around 20 billion won ($17.5 million) in a seed round -- an impressive and ...
Jul 19, 2021 (Gmt+09:00)
-
Aerospace & DefenseSpaceX to launch S.Korea’s next-generation satellite
Elon Musk’s SpaceX and Korea Aerospace Industries (KAI) have joined hands to develop next-generation mid-sized satellite p...
Jul 19, 2021 (Gmt+09:00)