state-run investors
Scope
Date
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Private equity
Korea's STX denies rumors it is backed by Chinese fund
South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, refuting false reports swirling in the m...
Sep 15, 2023 (Gmt+09:00)
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Energy
Hyundai E&C, Poland bolster partnerships in nuclear power
Hyundai Engineering & Construction Co., a major affiliate of South Korean automaker Hyundai Motor Co., is boosting its networks in the nuclear p...
Sep 14, 2023 (Gmt+09:00)
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Batteries
Korean firms confident they can outpace China in LFP battery race
South Korea’s leading battery and materials makers on Monday shared their concerns about Chinese rivals’ ascent, but expressed confidenc...
Sep 11, 2023 (Gmt+09:00)
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Robotics
Doosan Robotics aims to draw $256 mn in IPO subscriptions
South Korea’s Doosan Robotics Inc. aims to attract an estimated 340.2 billion won ($255.8 million) in the initial public offering bookbuilding...
Sep 11, 2023 (Gmt+09:00)
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Artificial intelligence
KT, SingPost to team up for AI-based digital logistics
South Korea's KT Corp. announced on Monday that it has signed a memorandum of understanding (MOU) with Singapore Post (SingPost), a state-run postal...
Sep 11, 2023 (Gmt+09:00)
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Real estate
Shinhan REITs to buy HSBC's Seoul headquarters at $135 mn
Shinhan REITs Management Co., a real estate investment arm of South Korea’s Shinhan Financial Group, is poised to acquire a 65.8% stake in the...
Sep 05, 2023 (Gmt+09:00)
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Batteries
SK On’s prismatic battery push fares well: Vice chair
MUNICH -- SK On Co. is making good progress in developing prismatic battery cells, its Senior Vice Chairman Chey Jae-won said on Tuesday, five month...
Sep 05, 2023 (Gmt+09:00)
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Food & Beverage
Nestlé seeks to open Starbucks brand stores in Korea
Nestlé S.A., the world’s largest food company, is preparing to open small Starbucks brand stores in South Korea to attract budget-consc...
Aug 28, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Motor to self-develop EV chargers to slow Tesla’s ascent
Hyundai Motor Group will develop ultra-fast electric vehicle chargers with its proprietary technology to catch up to the world’s No. 1 EV make...
Aug 28, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung, LG Electronics gear up for IFA, IAA Mobility 2023
Samsung Electronics Co. and LG Electronics Inc. are set to attend Europe's biggest tech trade fair and biggest motor show, IFA and IAA Mobility, res...
Aug 27, 2023 (Gmt+09:00)
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Batteries
S.Korean battery trio face union risk in US after Ultium Cells’ wage deal
South Korean electric vehicle battery majors’ plan to run more than 10 EV battery manufacturing plants in the US may hit a snag due to the loo...
Aug 25, 2023 (Gmt+09:00)
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Automobiles
Tesla Model Y runs with Kumho’s EV tires, its new cash cow
Tires tailored for electric vehicles are expected to become the next cash cow of South Korean tire maker Kumho Tire Co. thanks to growing EV tire or...
Aug 22, 2023 (Gmt+09:00)
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Korean stock market
MXene: Korean investors’ next target after superconductor craze fizzles
Speculative investors in South Korea have started to amass shares related to Mxene, touted as a next-generation material, after dumping a large numb...
Aug 21, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience to export $51 bn flu vaccine to Thailand
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Monday that it has signed a deal with Thailand's state-owned G...
Aug 21, 2023 (Gmt+09:00)
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Electric vehicles
Kia to revive Ray EV to kick start S.Korean city car market
Kia Corp., South Korea’s No. 2 automaker, aims to revitalize the local city car segment with the reintroduction of an electric version of the ...
Aug 20, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea's superconductor stocks plunge on Nature report
South Korean research team’s LK-99, behind the online sensation following its claim of room-temperature superconductor over the past four week...
Aug 17, 2023 (Gmt+09:00)
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Food & Beverage
Kombucha tea brands lure investors as diet drink market grows
South Korea’s medium-sized electronics components maker Phoenix Rising PTE Ltd. has agreed to invest 3 billion won ($2.3 million) in domestic ...
Aug 11, 2023 (Gmt+09:00)
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Machinery
S.Korea's Hanon Systems hits 'home run' with heat pump for EVs
Hanon Systems, a leading South Korean maker of automotive thermal management systems, posted surprising results in the second quarter in blowing awa...
Aug 11, 2023 (Gmt+09:00)
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Foreign exchange
S.Koreans continue buying spree of sliding Japanese yen
The plunging Japanese currency has stepped up South Koreans’ bargain-hunting, posting record highs in the balance of the yen-denominated depos...
Aug 10, 2023 (Gmt+09:00)
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Mergers & Acquisitions
KDB girds up for Korean Air-Asiana deal collapse with Plan B
The state-run Korea Development Bank (KDB) is looking for alternative options to sell Asiana Airlines Inc. to prepare against a possible collapse of...
Aug 07, 2023 (Gmt+09:00)
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Batteries
Indonesia vows support for LG-led $9.8 bn battery project
Indonesian Minister of Investment Bahlil Lahadalia on Thursday affirmed its government’s commitment to a $9.8 billion electric vehicle battery...
Aug 04, 2023 (Gmt+09:00)
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Future mobility
42dot launches its first B2B self-driving shuttle service
42Dot, a self-driving technology affiliate of Hyundai Motor Group, on Tuesday said it launched a self-driving shuttle at Samsung Mobility Museum in ...
Aug 02, 2023 (Gmt+09:00)
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Bio & Pharma
IMM PE seeks to sell Korean contract drugmaker at $784 mn
IMM Private Equity has put a South Korean contract drugmaker on the market for up to 1 trillion won ($784 million) in a deal likely to attract major...
Jul 31, 2023 (Gmt+09:00)
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Regulations
Fractional investing to gain traction in Korea with green light from FSC
Come September, South Korean investors will be able to freely and safely buy and sell fractions of artwork and even live cows just as they do with t...
Jul 31, 2023 (Gmt+09:00)
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Retail
Goyard bags high on SE Asians’ shopping list in S.Korea
Goyard outlets in Seoul bustled with shoppers on Friday, especially from Southeast Asia, looking for the French luxury brand’s popular bags: G...
Jul 28, 2023 (Gmt+09:00)
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Retail
Lotte to open Vietnam's largest shopping mall in Hanoi
Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, announced plans on Thursday to inaugurate its extensive ...
Jul 27, 2023 (Gmt+09:00)
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Batteries
Korea's IMM to invest $23 mn in battery parts supplier Choil Aluminum
South Korean private credit firm IMM Credit & Solutions Inc. will invest 30 billion won ($23.4 million) in Choil Aluminum Co., an EV battery com...
Jul 21, 2023 (Gmt+09:00)
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Korean startups
Nanotech startup Deepsmartech crowned at D.Day’s July demo day
Nanotech startup Deepsmartech celebrated its victory Thursday at July D.Day, held on Jeju Island, a South Korean resort isle poised to become the co...
Jul 21, 2023 (Gmt+09:00)
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Future mobility
SM Entertainment founder invests in Chinese drone maker
Lee Soo-man, founder and former executive producer of South Korea's SM Entertainment Co., has reportedly made a huge investment in the Chinese self-...
Jul 12, 2023 (Gmt+09:00)
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Korean stock market
Retail investors test EcoPro’s upside as Korea’s GameStop
Shares of EcoPro Co., a South Korean battery materials maker, have skyrocketed this year, rising 848% year to date to break above the 1 million won ...
Jul 11, 2023 (Gmt+09:00)
Latest News
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- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand