Venture capital
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Future mobility
Hyundai to invest $923 million on self-driving JV Motional
Hyundai Motor Group, the world’s third-largest automaker, is set to spend nearly $1 billion on Motional, its loss-making self-driving joint ven...
May 03, 2024 (Gmt+09:00)
2 Min read -
Sovereign bonds
Korea desperately seeks global bond index inclusion to rescue won
South Korea is desperately working for inclusion on a global major bond index to save the ailing won, the second worst-performer among emerging Asian...
Apr 30, 2024 (Gmt+09:00)
2 Min read -
Banking & Finance
S.Korea asks savings banks to raise capital to avoid crisis
South Korea’s top financial regulator advised about 10 local savings banks in trouble to increase their capital by the end of this month to pre...
Apr 15, 2024 (Gmt+09:00)
3 Min read -
Sovereign bonds
Korea yet to join global bond index for capital inflows
South Korea has so far failed to be included on a global major bond index, denting hopes for capital inflows into Asia’s fourth-largest economy...
Mar 28, 2024 (Gmt+09:00)
2 Min read -
Venture capital
LG ups ante in AI race with bullish bets on startups
LG Group, South Korea’s fourth-largest conglomerate controlling electronics, chemicals, media and service companies, is aggressively raising th...
Mar 07, 2024 (Gmt+09:00)
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Venture capital
Mubadala ties up with Korea’s Woori for global investments
Mubadala Investment Co., Abu Dhabi’s sovereign wealth fund, has joined hands with Woori Financial Group, South Korea’s fourth-largest fin...
Feb 28, 2024 (Gmt+09:00)
1 Min read -
Venture capital
SK Networks ties up with US-based Bow Capital for investments
SK Networks Co., a South Korean trading company, joined hands with Silicon Valley-based venture capital firm Bow Capital for investment cooperation, ...
Jan 31, 2024 (Gmt+09:00)
1 Min read -
Travel & Leisure
Seoul to add new aerial lifts to Namsan by 2025
Visitors to Seoul, the capital of South Korea, are expected to enjoy faster and easier exploration of the city’s famous Namsan Mountain in 2025...
Dec 06, 2023 (Gmt+09:00)
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Venture capital
VCs give thumbs up to EV, parts/materials, travel tech
The venture capital funding crunch has continued through this year in South Korea but VCs have raised their stakes in select companies in the electri...
Nov 09, 2023 (Gmt+09:00)
3 Min read -
Venture capital
S.Korean VCs go global for breakthrough
South Korean venture capitalists are actively discovering attractive investment assets overseas to find a breakthrough amid a prolonged local VC drou...
Oct 19, 2023 (Gmt+09:00)
5 Min read -
Venture capital
LG Elec’s early-stage startup investments in US fare well
LG Electronics Inc.'s early-stage investments in US tech startups will likely generate decent returns as they have raised additional funding at highe...
Oct 16, 2023 (Gmt+09:00)
3 Min read -
Venture capital
Lotte Ventures hosts L-Camp in Tokyo for promising Korean startups
TOKYO – Lotte Ventures Corp., the corporate venture capital (CVC) business unit of South Korea’s Lotte Group, on Thursday hosted L-Camp ...
Oct 12, 2023 (Gmt+09:00)
2 Min read -
Markets
Korea markets melt as Fed officials foresee longer-than-expected high rates
South Korean financial markets lost ground on Wednesday with the 10-year government bond yield at a one-year high as US Federal Reserve policymakers ...
Oct 04, 2023 (Gmt+09:00)
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Venture capital
S.Korean startups, VC seek money, business opportunities in Japan
South Korean startups and venture capitalists battered by chilled investor sentiment amid rising interest rates and slowing economic growth at home a...
Sep 22, 2023 (Gmt+09:00)
5 Min read -
Real estate
Seoul envisions its own Hudson Yards in the city's east end
Seoul, the capital of South Korea for more than six centuries since the Joseon dynasty, is poised to revamp its city planning for the next century wi...
Sep 22, 2023 (Gmt+09:00)
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Venture capital
S.Korea to form $6.2 bn corporate venture capital fund pool by 2025
The South Korean government and the private sector will jointly create a corporate venture capital (CVC) fund pool worth more than 8 trillion won ($6...
Jul 24, 2023 (Gmt+09:00)
1 Min read -
Venture capital
Korean startups feel bite of funding drought in H1
The drought in venture capital funding worsened in South Korea in the first half of this year, taking an especially heavy toll on platform and bio ...
Jul 07, 2023 (Gmt+09:00)
3 Min read -
Venture capital
Ontario, S.Korea VC firm to establish $76 mn healthcare fund
Canada's Ontario government has joined hands with a South Korean venture capital firm to establish a fund of 100 million Canadian dollars ($75.6 mill...
Jul 05, 2023 (Gmt+09:00)
1 Min read -
Venture capital
Vertex Ventures US upbeat for data startups
The healthcare, manufacturing, mobility and retail sectors were slower to adopt digital technologies than the telecom and e-commerce industries in t...
Jun 16, 2023 (Gmt+09:00)
2 Min read -
Venture capital
SK Networks eyes partnership with US-based Bow Capital
SK Networks Co., a South Korean trading company, is seeking to form a partnership with Silicon Valley-based venture capital firm Bow Capital to diver...
May 31, 2023 (Gmt+09:00)
1 Min read -
Venture capital
Lotte to open Silicon Valley corporate venture capital unit
Lotte Group, a South Korean retail-to-chemical conglomerate, is set to launch a corporate venture capital (CVC) business in Silicon Valley, the globa...
May 26, 2023 (Gmt+09:00)
3 Min read -
Venture capital
SK C&C partners with Storm Ventures to discover promising B2B startups
South Korean IT services company SK C&C announced on Wednesday a partnership with American venture capital firm Storm Ventures to discover and co...
Apr 06, 2023 (Gmt+09:00)
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Venture capital
Korean startup investments rapidly dry up in wake of SVB debacle
The shock from the collapse of American startups’ main financing artery Silicon Valley Bank (SVB) has been deeply felt in the South Korean star...
Mar 27, 2023 (Gmt+09:00)
3 Min read -
Venture capital
LB Investment draws record demand from individual investors
LB Investment Inc., a venture capital firm associated with the LG founder's family, has achieved a remarkable competition rate of over 1,000 to 1 for...
Mar 22, 2023 (Gmt+09:00)
1 Min read -
Venture capital
SK Networks invests $22 mn in US AI-based device company
South Korea's SK Networks has identified a startup specializing in AI-based devices and software platforms as a new investment target. The startup, c...
Mar 09, 2023 (Gmt+09:00)
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Venture capital
Korea's venture capital investment falls 12% last year amid downturn
South Korea's venture capital investment last year fell more than 10% from a year ago due to the economic downturn caused by a series of global rate ...
Jan 30, 2023 (Gmt+09:00)
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Venture capital
Korean proptech startup Sweet Spot attracts $7.7 mn Series B funding
South Korea's retail property technology startup Sweet Spot attracted a Series B investment of 9.5 billion won ($7.7 million) from venture capital an...
Jan 27, 2023 (Gmt+09:00)
1 Min read -
Venture capital
SK Ecoplant joins with PnP to foster eco-friendly global startups
South Korea’s SK Ecoplant Co. will join with global venture capital firm Plug and Play (PnP) to discover and launch global startups in eco-frie...
Jan 09, 2023 (Gmt+09:00)
1 Min read -
Venture capital
Smart Study Venture creates $28.4 million Baby Shark Tourism Fund
Smart Study Ventures, a corporate venture capital (CVC) affiliated with The Pinkfong Company, said on Thursday that it has created a "Baby Shark Next...
Jan 06, 2023 (Gmt+09:00)
1 Min read
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