Gangnam-Finance-Center
Scope
Date
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Business & Politics
US tariffs add risk premium to dollar assets: Maurice Obstfeld
WASHINGTON, D.C. – The US tariff increases are adding risk premiums to dollar-denominated assets, undermining the dollar’s role as a glo...
Apr 29, 2025 (Gmt+09:00)
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E-commerce
JD.com opens Korean logistics centers, preluding C-commerce invasion
JD.com, often dubbed China’s answer to Amazon.com, has opened its own logistics centers in South Korea, becoming the first Chinese e-commerce ...
Apr 24, 2025 (Gmt+09:00)
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Banking & Finance
Shinhan to lead financing for battery storage project in Japan
Shinhan Financial Group will lead 4.9 billion yen ($35 million) in financing for a large-scale battery energy storage system (BESS) construction pro...
Apr 22, 2025 (Gmt+09:00)
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Real estate
Mirae, Koramco, Hana shortlisted for Korea Post’s core real estate fund
Mirae Asset Global Investments Co., Koramco REITs Management and Trust Co. and Hana Alternative Asset Management Co. were shortlisted for the mandat...
Apr 14, 2025 (Gmt+09:00)
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Mergers & Acquisitions
VIG taps KDB financing to buy 40% stake in Kakao Mobility
South Korea’s private equity firm VIG Partners’ buyout of minority stakes in Kakao Mobility Corp., the nation’s most popular taxi-...
Mar 27, 2025 (Gmt+09:00)
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Real estate
Warburg Pincus-Wide Creek Asset JV picks up 2nd Korean logistics asset
US private equity firm Warburg Pincus LLC and South Korean real estate manager Wide Creek Asset Management Co. are building a logistics center for l...
Mar 26, 2025 (Gmt+09:00)
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Sovereign bonds
S.Korea courts active funds for $140 bn treasury issuance
South Korea’s finance ministry will hold its largest-ever investor relations (IR) event for global institutional investors at the end of this ...
Mar 17, 2025 (Gmt+09:00)
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Regulations
Parliament passes bill to expand boards’ fiduciary duties
South Korea's National Assembly on Thursday passed an amendment to the Commercial Act to expand boards of directors’ fiduciary duties to minor...
Mar 13, 2025 (Gmt+09:00)
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Logistics
LX Pantos acquires logistics center near Atlanta for $120 mn
LX Pantos Co., a logistics arm of LX International Corp., announced on Tuesday it has acquired a logistics center near Atlanta in Dalton, Georgia fo...
Mar 11, 2025 (Gmt+09:00)
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Artificial intelligence
AI data center with up to 3 gigawatts of power envisioned for South Korea
An investor group is planning one of the world’s largest data centers for artificial intelligence in South Korea, a sign of red-hot AI de...
Feb 20, 2025 (Gmt+09:00)
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Real estate
NPS closes $1.6 bn Korean office deal; scientists pension eyes NCSOFT building
The National Pension Service (NPS) has completed the purchase of One Grove for 2.3 trillion won ($1.6 billion), its largest single real estate inves...
Feb 06, 2025 (Gmt+09:00)
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IPOs
Doosan Skoda Power eyes Czech IPO, aims to raise $111 million
Doosan Skoda Power, the Czech-based power plant equipment-making unit of South Korea’s Doosan Enerbility Co., plans to list its shares on the ...
Jan 30, 2025 (Gmt+09:00)
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ESG
Korea Investment Holdings’ MSCI ESG rating upgraded to A
Korea Investment Holdings Co. said on Thursday it was upgraded by three notches from B to A in the MSCI ESG rating this year.The MSCI ESG rating is ...
Jan 16, 2025 (Gmt+09:00)
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Korean Innovators at CES 2025
LG Electronics, Microsoft sign strategic partnership on AI agents
LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has signed a strategic partnership with US tech giant Micros...
Jan 07, 2025 (Gmt+09:00)
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Real estate
Seoul office sales rebound for first time in 4 years in 2024
The Seoul office market bounced back for the first time in four years in 2024, with transaction volume soaring 78.7% to 13.4 trillion won ($9.1 bill...
Jan 03, 2025 (Gmt+09:00)
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Logistics
Hanjin expands GDC at Incheon Airport
South Korea's Hanjin Transportation said on Monday it expanded its global distribution center (GDC) at Incheon International Airport to meet the dem...
Dec 30, 2024 (Gmt+09:00)
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Business & Politics
Korea’s new acting president assures economy resilient, security tight
South Korea’s new Acting President Choi Sang-mok said on Friday he is confident that the country’s economy is resilient and its national...
Dec 27, 2024 (Gmt+09:00)
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Debt financing
Korea debt financing faces woes as $34 bn in corporate bonds mature in H1
South Korea’s financial markets will see nearly 50 trillion won ($34 billion) in corporate bonds mature in the first half of next year —...
Dec 25, 2024 (Gmt+09:00)
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Corporate bonds
Korea Inc. to face refunding risks with record corporate bond maturities
South Korean companies are expected to face refunding risks thanks to record corporate bond maturities in the first half of 2025, as fundraising con...
Dec 23, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix develops high-capacity SSD for AI data center
SK Hynix Inc. unveiled on Wednesday its high-capacity solid-state drive (SSD) product PS1012 U.2, designed for AI data centers with 61 terabyte (TB)...
Dec 18, 2024 (Gmt+09:00)
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Business & Politics
South Korea’s sovereign credit rating stable: S&P, Moody's, Fitch
South Korea’s sovereign ratings remain stable despite the political turmoil caused by the short-lived martial law declaration of President Yoo...
Dec 13, 2024 (Gmt+09:00)
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Banking & Finance
Hanwha's financial companies open AI center in San Franciso
South Korea’s seventh-largest conglomerate’s financial companies have opened a joint artificial intelligence center in San Francisco, a ...
Dec 10, 2024 (Gmt+09:00)
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Artificial intelligence
Samsung SDS to build AI-focused data center at Samsung Electronics’ plant
Samsung SDS Co., the information technology service unit of South Korea’s Samsung Group, plans to build an artificial intelligence data center...
Dec 10, 2024 (Gmt+09:00)
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Economy
South Korea’s economic system remains resilient: finance minister
The South Korean economy is solid, and the government will take “bold and swift’’ actions if needed to stabilize Asia’s four...
Dec 08, 2024 (Gmt+09:00)
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Energy
Samsung C&T, Sweden's Karnfull Next to team up for SMR
South Korea's Samsung C&T Corp. said Friday it signed a memorandum of understanding (MOU) with Swedish energy company Karnfull Next AB to jointl...
Dec 06, 2024 (Gmt+09:00)
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Automobiles
Hyundai, Kia to build Hyundai Center of Excellence in India
Hyundai Motor Co. and Kia Corp. signed a memorandum of understanding (MOU) with the Indian Institutes of Technology (IIT) to build the Hyundai Cente...
Dec 03, 2024 (Gmt+09:00)
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Real estate
GIC to pick preferred bidder in $1.1 bn Seoul landmark building sale
Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, is set to select a preferred bidder for the sale of a lan...
Dec 03, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Rebellions · Sapeon Korea merger, the first domestic AI chip unicorn
Rebellions Inc., a South Korean artificial intelligence chip design startup, officially merged with Sapeon Korea to form the first domestic AI chi...
Dec 02, 2024 (Gmt+09:00)
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Real estate
Korean funds offer rescue financing for global offices
South Korean institutional investors are offering rescue financing for overseas office buildings, which their local peers have yet to exit, as they ...
Nov 20, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung vows to regain chip lead with new R&D center
Samsung Electronics Co. is pinning its hopes on its new research and development complex, which will cost the company 20 trillion won ($14.4 billion...
Nov 18, 2024 (Gmt+09:00)
Latest News
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