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Venture capitalVision Fund loss slashes Masayoshi Son’s 2020 salary by 52%
SoftBank Group founder and CEO Masayoshi Son’s salary more than halved last year, according to the group’s regulator...
May 28, 2021 (Gmt+09:00)
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Korean chipmakersGlobal automakers accelerate EV push as chip shortage eases
Global auto companies are moving forward with their electric vehicle (EV) and other future mobility initiatives as the global se...
May 28, 2021 (Gmt+09:00)
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ESGNPS adopts limited negative screening on high emitters
South Korea's National Pension Service (NPS) decided on Friday to exclude from its portfolio new coal-fired power development pr...
May 28, 2021 (Gmt+09:00)
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DealsNaver, CJ ENM join forces to acquire Korea's No.3 web novel platform
South Korea’s platform giant Naver Corp. has joined forces with CJ Group to acquire the country's leading web novel platfo...
May 28, 2021 (Gmt+09:00)
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Artificial intelligenceSamsung, Bayer join $90 mn investment in AI healthcare app Ada Health
Samsung Electronics Co. and Germany’s pharmaceutical giant Bayer AG have made a joint investment in the Berlin-based artif...
May 28, 2021 (Gmt+09:00)
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Alternative investmentsHana buys Osaka logistics center for about $140 mn
South Korea's Hana Alternative Asset Management Co. has beat 16 Japanese bidders to acquire a logistics center in the port of Os...
May 28, 2021 (Gmt+09:00)
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EnergyPOSCO, Orsted form offshore wind and hydrogen partnership
South Korea’s steelmaker POSCO has taken another big step in accelerating the industry’s shift toward renewable ener...
May 28, 2021 (Gmt+09:00)
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ElectronicsSamsung Display to expand small OLED line with $2.7 bn investment
Samsung Display Co., South Korea’s largest display maker, plans to spend as much as 3 trillion won ($2.7 billion) to build...
May 28, 2021 (Gmt+09:00)
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Artificial intelligenceNPS, KIC commit $600 mn to N.America logistics fund
The National Pension Service (NPS) and the Korea Investment Corporation (KIC) have committed $600 million in aggregate to GLP Ca...
May 28, 2021 (Gmt+09:00)