EIG Global Energy Partners
Scope
Date
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Electric vehicles
SK On signs deal to supply NCM battery cells to Sweden’s Polestar 5 EV
SK On Co., the battery-making affiliate of South Korea’s SK Group, has signed a deal to supply nickel-cobalt-manganese (NCM) battery cell modu...
Nov 06, 2023 (Gmt+09:00)
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Banking & Finance
DGB partners with Vietnamese IT company
South Korea's DGB Financial Group announced on Monday it signed a business agreement with the global IT company FPT Software at the FPT Group headqu...
Nov 06, 2023 (Gmt+09:00)
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Batteries
SK Ecoplant to supply fuel cells to Irish data centers
SK Ecoplant Co., a South Korean construction engineering and waste management firm, plans to provide solid oxide fuel cells (SOFC) to Irish power ge...
Nov 06, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Neowiz, SK Hynix to team up for global marketing
South Korean game developer Neowiz announced on Friday it has signed a memorandum of understanding (MOU) with SK Hynix Inc. for global marketing col...
Nov 03, 2023 (Gmt+09:00)
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Retail
Shilla Duty Free partners with Line Pay to attract Asian tourists
South Korea's The Shilla Duty Free announced it partnered with Line Pay Taiwan to attract South Asian tourism on Thursday. Line Pay is the top mobil...
Nov 02, 2023 (Gmt+09:00)
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Aerospace & Defense
S.Korea mulls plan B as Indonesia falls behind on KF-21 project payments
Indonesia, a partner of South Korea’s KF-21 fighter jet development project, has failed again to notify the Korean government of its plan to p...
Nov 01, 2023 (Gmt+09:00)
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Energy
KHNP submits final bid for Czech Republic’s new nuclear power unit
Korea Hydro & Nuclear Power Co. (KHNP) has submitted a final bid to the Czech Republic’s state-run Elektrarna Dukovany II (EDU II) to cons...
Nov 01, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Engineering secures $349 mn bio plant deal
South Korea's Samsung Engineering secured a deal for the Songdo Bio Raw Material Plant construction project from the global life sciences and labora...
Nov 01, 2023 (Gmt+09:00)
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Carbon neutrality
SK Innovation, ENEOS to co-work for low-carbon energy
SK Innovation Co. said on Wednesday it will bolster its alliance with Japan's largest petroleum refiner ENEOS. This decision builds on their histor...
Nov 01, 2023 (Gmt+09:00)
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Batteries
POSCO International, Lotte Energy in $4.4 bn battery materials supply deal
POSCO International Corp. has signed a 6 trillion won ($4.4 billion) deal to supply raw materials used to make copper foil, a battery component, to ...
Nov 01, 2023 (Gmt+09:00)
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Private debt
Korea Investment raises $400 mn to expand US assets
Seoul-based brokerage firm Korea Investment & Securities Co. (KIS) has raised $400 million in new bonds to strengthen its investments in the US ...
Oct 31, 2023 (Gmt+09:00)
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Regulations
Korea plans wider crackdown on foreigners’ short-selling
South Korea’s financial regulator plans wider investigations into illegal short-selling trades by major foreign investment banks to ease conce...
Oct 31, 2023 (Gmt+09:00)
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Carbon neutrality
SK Group to step up renewable energy push in Vietnam
SK Group will strengthen its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste...
Oct 30, 2023 (Gmt+09:00)
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Earnings
LG Elec’s automotive business logs record quarterly profit
LG Electronics Inc., the leading global home appliance maker, said its automotive division enjoyed all-time high quarterly profit in the most recent...
Oct 27, 2023 (Gmt+09:00)
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Retail
NS Shopping to support partner's Indonesian export
South Korean online shopping mall operator NS Shopping Co. announced on Friday it will support the overseas expansion of its partner, Taeyoung.Taeyo...
Oct 27, 2023 (Gmt+09:00)
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Corporate bonds
Naver succeeds in issuing $133 mn Samurai bonds
South Korea's Naver Corp. announced on Thursday it successfully issued Samurai bonds, becoming the first global IT company to do so. Naver's debut...
Oct 26, 2023 (Gmt+09:00)
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Earnings
Hyundai’s record Q3 profit beats Samsung; no EV output cut planned
Hyundai Motor Co. on Thursday posted its highest-ever quarterly operating profit for the July-September period, driven by robust sales of pricey car...
Oct 26, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korean HD Hyundai inks $3.9 bn Qatar LNG tanker deal
DOHA -- HD Hyundai Heavy Industries Co., the world’s second-largest shipyard, has won a $3.9 billion deal to build 17 liquified natural gas ca...
Oct 25, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution to start producing cheaper EV batteries
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to manufacture cheaper EV batteries such as lithium ...
Oct 25, 2023 (Gmt+09:00)
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Construction
KKR expected to buy 100% stake in Taeyoung Industry
Global private equity giant KKR & Co. Inc. is expected to take over Taeyoung Industry Corp., a cash cow of South Korea’s medium-sized busi...
Oct 25, 2023 (Gmt+09:00)
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Artificial intelligence
ESTsoft, LG Energy sign AI human education program contract
South Korea's AI service specialist company ESTsoft Corp. announced on Tuesday it has signed an education content supply contract with LG Energy Sol...
Oct 24, 2023 (Gmt+09:00)
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Leadership & Management
HD Hyundai President Chung to deliver keynote at CES 2024
South Korea's No. 1 shipbuilding group’s heir apparent Chung Ki-sun will deliver a keynote speech at the world’s biggest consumer techno...
Oct 24, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics partners with Europe's largest VC
Samsung Biologics Co., the world's largest contract drug manufacturer, announced on Tuesday it has teamed up with global biotech venture capitalist ...
Oct 24, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion’s approved merger removes hurdle to three-way combination
South Korea’s biosimilar drugmaker Celltrion group on Monday moved one step closer to the planned combination of its three major affiliates wi...
Oct 23, 2023 (Gmt+09:00)
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IPOs
LS Materials seeks November listing in $60 mn IPO
LS Materials Co., a South Korean energy storage devices maker, on Monday submitted a securities report to the Korea Exchange for an initial public o...
Oct 23, 2023 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang to export K-Street Foods
South Korean food company CJ CheilJedang Corp. ’s strategic product lineup K-Street Food will be launched in June next year on major global ma...
Oct 23, 2023 (Gmt+09:00)
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Leadership & Management
SK Group needs agility to survive disruptions: chairman
South Korea's No. 2 conglomerate SK Group needs agile responses to rapidly changing business circumstances amid global geopolitical crises, C...
Oct 20, 2023 (Gmt+09:00)
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Artificial intelligence
Naver-invested Nota AI named global leader in AI optimization
South Korea’s Nota AI, an artificial intelligence (AI) optimization model company with investment from Naver D2 Startup Factory (D2SF), an inv...
Oct 20, 2023 (Gmt+09:00)
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Automobiles
Hyundai partners with University of London for African market strategy
Hyundai Motor Group announced on Friday its plan to establish two research centers in conjunction with the University of London (UoL) to delve int...
Oct 20, 2023 (Gmt+09:00)
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Retail
Lotte Duty Free focuses energy on stores in Seoul
South Korea’s Lotte Duty Free, which removed its stores from Incheon International Airport in late June, is channeling its energy toward boost...
Oct 20, 2023 (Gmt+09:00)