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Asset managementKorean investors turn to private credit, secondaries: CIOs
South Korean institutional investors favor private credit as interest rates are expected to remain higher for longer, said speak...
May 22, 2024 (Gmt+09:00)
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Business & PoliticsLY vows to keep Line Plus as Naver-SoftBank breakup drags on
Japan’s LY Corp., the operator of the country’s top mobile messenger app Line, said on Wednesday it will keep its So...
May 22, 2024 (Gmt+09:00)
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Chemical IndustryJapan’s Toray to spend $366 mn on Korean capacity expansion
Japan’s Toray Industries Inc., the leading global carbon textile manufacturer, plans to spend 500 billion won ($366.3 mill...
May 22, 2024 (Gmt+09:00)
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AutomobilesHankook Competition to participate in Nürburgring 24 Hours
Hankook & Company Co., Hankook & Company Group's business holding company, announced on Wednesday that its sponsored mot...
May 22, 2024 (Gmt+09:00)
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Mergers & AcquisitionsLunit buys breast cancer detection AI firm Volpara Health
Lunit Inc., a South Korean cancer diagnostics AI company, has completed the acquisition of Volpara Health Technologies Ltd., a N...
May 22, 2024 (Gmt+09:00)
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ElectronicsLG named UK’s best home entertainment brand for five years
LG Electronics Inc. announced on Wednesday that it has been named Home Entertainment Brand of the Year at the "Which? Awards," h...
May 22, 2024 (Gmt+09:00)
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Korean chipmakersSamsung to unveil QLC-based NAND in H2 to lead AI storage market
Samsung Electronics Co., the world’s largest memory chipmaker, plans to unveil a new high-capacity NAND memory chip in the...
May 22, 2024 (Gmt+09:00)
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Korean gamesKrafton's Overdare conducts alpha test in SE Asia
South Korea's gaming giant Krafton Inc. announced on Wednesday that it will conduct an overseas alpha test for Overdare, a mobil...
May 22, 2024 (Gmt+09:00)
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Corporate bondsQcells’ residential solar financing unit raises $253 mn through ABS
Hanwha Q Cells Co., the solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group known as Qcells i...
May 22, 2024 (Gmt+09:00)
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Investment bankingKorea Investment to expand CLO portfolio with Anchorage Capital
Korea Investment & Securities Co. will scale up its collateralized loan obligation (CLO) business with New York-based invest...
May 22, 2024 (Gmt+09:00)
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Pension fundsPOBA favors data centers, senior housing in Europe: CIO
South Korea’s Public Officials Benefit Association (POBA), a retirement fund with assets under management (AUM) of 26 tril...
May 22, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHD Hyundai Marine Solution builds ship smartcare center in Busan
South Korea's HD Hyundai Marine Solution Co. established an HD SmartCare Busan Center for ship lifecycle management services and...
May 22, 2024 (Gmt+09:00)
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Korean gamesNexon releases Dungeon & Fighter Mobile in China
South Korea’s online game developer Nexon Korea Corp. on Tuesday officially launched the action role-playing game (RPG) Du...
May 22, 2024 (Gmt+09:00)
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Food & BeverageHanwha Foodtech opens R&D center in Seongnam
Hanwha Foodtech, a subsidiary of Hanwha Hotels & Resorts specializing in food and beverages, announced on Wednesday that it ...
May 22, 2024 (Gmt+09:00)
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AutomobilesHyundai, Indonesia discuss hydrogen, EV cooperation
Hyundai Motor Group Chairman Chung Euisun has discussed cooperation on hydrogen-fueled cars and electric vehicles (EVs) with the...
May 22, 2024 (Gmt+09:00)
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AutomobilesHL Holdings wins exclusive AS parts deal from Stellantis
HL Holdings Corp., the holding company of South Korea’s construction-to-auto parts conglomerate HL Group, will be the excl...
May 22, 2024 (Gmt+09:00)