Euro Alliance
Scope
Date
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Business & Politics
Samsung leader Lee, Intel CEO Gelsinger discuss chip alliance
Samsung Group’s de facto leader Jay Y. Lee on Monday met with visiting Intel Corp. Chief Executive Pat Gelsinger in Seoul to explore ways to f...
May 30, 2022 (Gmt+09:00)
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Carbon neutrality
SK E&S, Australia’s Santos eye joint carbon capture, hydrogen projects
SK E&S Co., the natural gas business unit of South Korea’s SK Group, and Australia’s leading energy company Santos Ltd. are seeking ...
May 26, 2022 (Gmt+09:00)
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Corporate investment
Doosan to ramp up small nuclear reactor investment
Doosan Group will invest 5 trillion won ($4 billion) over the next five years, primarily in next-generation energy sectors such as small module reac...
May 25, 2022 (Gmt+09:00)
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Business & Politics
Yoon, Biden highlight 'economic security alliance' following Samsung tour
South Korean President Yoon Suk-yeol and visiting US President Joe Biden emphasized the two countries' iron-clad commitment to economic security all...
May 20, 2022 (Gmt+09:00)
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Business & Politics
Seoul, Washington to bolster small nuclear reactor tech alliance
South Korean President Yoon Suk-yeol will meet with his US counterpart President Joe Biden this Saturday for a summit meeting in Seoul. The two...
May 19, 2022 (Gmt+09:00)
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Metaverse
SK Telecom to launch metaverse platform in Europe
South Korea’s top mobile carrier SK Telecom Co. and its spin-off investment firm SK Square Co. joined hands with Europe’s largest teleco...
May 09, 2022 (Gmt+09:00)
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Artificial intelligence
LG AI Research forms 'Hyperscale' AI alliance with 13 companies
LG AI Research unveiled an alliance network consisting of 13 corporations and organizations based in South Korea and abroad on Tuesday. There a...
Feb 23, 2022 (Gmt+09:00)
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Corporate strategy
KT, Shinhan form $370 mn digital alliance
South Korea's leading telecom operator KT Corp. has entered into a strategic alliance with the country's No. 2 lender Shinhan Bank, involving a $370...
Jan 17, 2022 (Gmt+09:00)
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CES 2022
SK subsidiaries form ICT alliance
South Korea’s third-largest chaebol, SK Group, announced its plans to launch a consultative body to create synergy among its three subsidiar...
Jan 09, 2022 (Gmt+09:00)
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Mergers & Acquisitions
CJ Cheiljedang to acquire Dutch bio firm Batavia for 195 million euros
CJ Cheiljedang Corp., a key subsidiary of South Korea’s food and entertainment conglomerate CJ Group, said on Monday it is acquiring Batavia B...
Nov 08, 2021 (Gmt+09:00)
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Energy
Hyundai Engineering wins $256 mn order to revamp Thai IRPC refinery
South Korea’s construction company Hyundai Engineering Co. won a $256 million order from IRPC Pcl. to upgrade its refinery, allowing the Thai ...
Aug 26, 2021 (Gmt+09:00)
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Metaverse
Samsung joins 200 other firms in Korea’s metaverse alliance
Samsung Electronics Co. has onboarded South Korea’s government-led metaverse alliance in a move to strengthen partnership in virtual reality (...
Aug 03, 2021 (Gmt+09:00)
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Earnings
Naver to boost content, shopping businesses in Q4 via Shinsegae alliance
South Korea’s top portal operator Naver Corp. plans to beef up its shopping and content businesses in the second half of this year, backed by ...
Jul 22, 2021 (Gmt+09:00)
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E-commerce
Shinsegae-Naver alliance to sell local-themed meal kits as first collaboration
Shinsegae Group and Naver Corp. have jointly devised their first retail business model in about four months after their long-term business agreement...
Jul 20, 2021 (Gmt+09:00)
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Aerospace & Defense
SpaceX to launch S.Korea’s next-generation satellite
Elon Musk’s SpaceX and Korea Aerospace Industries (KAI) have joined hands to develop next-generation mid-sized satellite projectiles, suggesti...
Jul 19, 2021 (Gmt+09:00)
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Hydrogen economy
Korea forms ambitious public-private green ammonia alliance
South Korea has taken a major step forward in building the hydrogen economy by forming an extensive green ammonia alliance involving 13 private firm...
Jul 16, 2021 (Gmt+09:00)
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Batteries
Hyundai Motor invests $100 mn in US battery startup SES
Hyundai Motor Co. is set to invest $100 million in US-based electric vehicle battery startup SolidEnergy Systems (SES) to obtain next-generation tec...
Jul 04, 2021 (Gmt+09:00)
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Mergers & Acquisitions
SM Entertainment emerges as next flashpoint for Kakao, Naver rivalry
As SM Entertainment Co., the label behind the global K-pop phenomenon, is up for grabs in the M&A market, the battle heats up between the countr...
Jun 01, 2021 (Gmt+09:00)
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Korean startups
K-pop content platforms team up to take lead in community market
Platform operators targeting global K-pop fans are mired in fierce competition as companies team up to vie for the lead in the fan community platfor...
May 31, 2021 (Gmt+09:00)
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Entertainment
BTS, Bieber, Lovato celebrate HYBE-Ithaca alliance
HYBE Co. and Ithaca Holdings, the two entertainment powerhouses that recently joined hands to create the mega music label that will house BTS, Arian...
Apr 06, 2021 (Gmt+09:00)
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ESG bonds
Hana Bank issues $600 mn euro-currency bonds with negative yield
Hana Bank has become South Korea’s first commercial bank to issue foreign currency bonds at a negative yield, raising 500 million euros ($606 ...
Jan 21, 2021 (Gmt+09:00)
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Airlines
Asiana likely to withdraw from Star Alliance membership post-merger
Asiana Airlines Inc., up for a merger with bigger crosstown rival Korean Air Lines Co., is expected to drop out of Star Alliance, a global airline all...
Nov 17, 2020 (Gmt+09:00)
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Debt
Export-Import Bank of Korea sells $500 mn euro bonds with negative yield
The Export-Import Bank of Korea (KEXIM) has issued euro-currency bonds worth $500 million at a negative interest rate, the bank said on Sept. 15, less...
Sep 15, 2020 (Gmt+09:00)
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Sovereign bond
South Korea sells $827 mn worth of euro-currency bonds with negative yield
The South Korean government has issued euro-denominated bonds worth 700 million euros ($827 million) at a negative interest rate, becoming the first n...
Sep 10, 2020 (Gmt+09:00)
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