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Corporate restructuringSsangyong Motor files for court receivership, misses loan repayment
Ssangyong Motor Co. has filed for court receivership after the South Korean unit of India’s Mahindra and Mahindra Ltd. mis...
Dec 21, 2020 (Gmt+09:00)
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EnergyDoosan Heavy clinches $562 mn Guam power plant deal
Doosan Heavy Industries & Construction Co. has clinched an order to build a combined cycle power plant in Guam from ...
Dec 21, 2020 (Gmt+09:00)
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Future mobilityAutonomous driving startup 42dot plans Level 4 self-driving in Seoul
42dot, a South Korea-based autonomous driving startup, plans to launch a Level 4 self-driving service in some areas of Seoul nex...
Dec 21, 2020 (Gmt+09:00)
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Alternative investmentsIGIS Asset, Hana buy $390 mn US Amazon logistics portfolio
South Korea’s IGIS Asset Management Co. and Hana Financial Investment Co. have jointly acquired three pre-completed logist...
Dec 21, 2020 (Gmt+09:00)
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BlockchainFinhaven to launch world's first blockchain-powered exchange
Canada-based fintech startup Finhaven is set to launch Finhaven Private Markets, the world's first blockchain-powered securities...
Dec 21, 2020 (Gmt+09:00)
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EnergyS-Oil to speed up push into chemical business
S-Oil Corp., 63.4% owned by Saudi Aramco, will more than double its petrochemical production capacity over the next decade to fu...
Dec 21, 2020 (Gmt+09:00)
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Korean stock marketKorea’s retail investors shed loser image, turn pandemic into bonanza
In South Korea, as the saying goes, the stock market is at its peak if a swarm of individual investors go on a buying spree, oft...
Dec 21, 2020 (Gmt+09:00)