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Pension fundsNPS posts near 10% IRR as of end-Aug, riding exit market boom
The National Pension Service (NPS) has achieved an average 9.65% return on investments as of the end of August, driven by overse...
Oct 29, 2021 (Gmt+09:00)
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IPOsKurly, SSG.COM, Oasis plan for fast-track 2022 IPOs
Competition among South Korean e-commerce companies for initial public offerings is expected to get even fiercer next year. ...
Oct 29, 2021 (Gmt+09:00)
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Banking & FinanceKorea mulls allowing banks to adopt Toss' super-app strategy
South Korea's top financial regulator is considering allowing banks to provide basically all financial services in single apps, ...
Oct 29, 2021 (Gmt+09:00)
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Mergers & AcquisitionsKorea’s major refiners bid for top local biodiesel material maker
SK Innovation Co., S-Oil Corp. and Hyundai Oilbank were among the preliminary bidders for South Korea’s top biodiesel mate...
Oct 29, 2021 (Gmt+09:00)
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Korean chipmakersSK Hynix in $492 million Key Foundry deal, doubles foundry capacity
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Friday it is acquiring a 100% stake in South Korea-bas...
Oct 29, 2021 (Gmt+09:00)
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BatteriesHyundai, Kia invest in US solid-state battery startup Factorial
Hyundai Motor Co. and Kia Corp. invested in US solid-state battery startup Factorial Energy in a move to secure various technolo...
Oct 29, 2021 (Gmt+09:00)
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EnergySK E&S in talks to sell ESS, solar energy projects
SK E&S Co. is in talks with a number of private equity firms and financial investors to sell energy storage systems (ESS) an...
Oct 29, 2021 (Gmt+09:00)
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MarketsChips, auto, display stocks rebound as supply shortage eases
Shares in South Korea’s chipmakers, automakers and display producers have begun to rebound on growing signs that the globa...
Oct 29, 2021 (Gmt+09:00)
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EntertainmentK-pop stars see huge capital gains from stock options
Executives and employees of top K-pop agencies such as SM Entertainment Co. and YG Entertainment Inc. are expected to earn hug...
Oct 29, 2021 (Gmt+09:00)
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ElectronicsLG overtakes Whirlpool as top home appliance maker after strong Q3
LG Electronics Inc. has overtaken bigger home appliance rival Whirlpool Corp. after posting record quarterly sales, comfortably ...
Oct 29, 2021 (Gmt+09:00)