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Pension fundsCPPIB invests in Seoul office building for rental housing conversion
The Canada Pension Plan Investment Board (CPPIB) and South Korean property developer MGRV have jointly acquired the headquarters...
Mar 26, 2025 (Gmt+09:00)
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Leadership & ManagementNaver to build sovereign AI, says founder Lee after return
South Korea’s No. 1 internet portal operator Naver Corp. will build strong sovereign artificial intelligence to fight the ...
Mar 26, 2025 (Gmt+09:00)
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Shipping & ShipbuildingSamsung Heavy makes breakthrough in FLNG liquefaction technology
Samsung Heavy Industries Co., a major Korean shipbuilder, has made a breakthrough in its liquefaction technology for floating li...
Mar 26, 2025 (Gmt+09:00)
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Mergers & AcquisitionsKKR, Carlyle, Hillhouse race to buy Korean beauty device maker Classys
Global private equity giants such as KKR & Co., Carlyle Group and Hillhouse Capital Group Holdings are vying to acquire Clas...
Mar 26, 2025 (Gmt+09:00)
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Pension fundsGlobal assets drive Korean teachers' fund to 11.1% return in 2024
The Korean Teachers’ Credit Union (KTCU) achieved an 11.1% return on investments in 2024, with overseas portfolios in stoc...
Mar 26, 2025 (Gmt+09:00)
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BatteriesLG Energy bags 1-GWh ESS battery deal from Poland’s PGE
LG Energy Solution Ltd. will supply 1 gigawatt-hour of energy storage system (ESS) batteries to a state-owned utility company in...
Mar 26, 2025 (Gmt+09:00)
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AutomobilesHyundai Motor shares rally after US investment plan
Hyundai Motor’s shares gained ground after it unveiled a new U.S. investment plan to help avoid President Trump’s ta...
Mar 26, 2025 (Gmt+09:00)
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Real estateWarburg Pincus-Wide Creek Asset JV picks up 2nd Korean logistics asset
US private equity firm Warburg Pincus LLC and South Korean real estate manager Wide Creek Asset Management Co. are building a lo...
Mar 26, 2025 (Gmt+09:00)