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BatteriesPOSCO acquires stake in Tanzania graphite mine to boost battery materials biz
South Korea’s largest steelmaker POSCO's commitment to innovation and growth has been well demonstrated this year, as it w...
Jan 18, 2021 (Gmt+09:00)
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Mergers & AcquisitionsDelivery Hero could face up to $1.4 bn in fines if it fails to sell Yogiyo
Food delivery giant Delivery Hero SE is facing some time pressure to sell South Korea’s No. 2 food delivery app Yogiyo, es...
Jan 18, 2021 (Gmt+09:00)
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Korean chipmakersSamsung, Hynix in intensifying competition for solid-state drives
Samsung Electronics Co. and SK Hynix Inc. are unveiling a series of new solid-state drives (SSDs) to grab a greater share of the...
Jan 18, 2021 (Gmt+09:00)
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Court rulingsSamsung heir sentenced to 2.5 years in jail for bribery
Samsung Electronics Co. Vice Chairman and de-facto leader Jay Y. Lee was on Jan. 18 sentenced to two and a half years in prison ...
Jan 18, 2021 (Gmt+09:00)
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Alternative investmentsMeritz Alternative commits $150 mn to US multifamily fund
South Korea’s Meritz Alternative Investment Management Co. has committed $150 million to a new US multifamily residential ...
Jan 18, 2021 (Gmt+09:00)
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ESG bondsKia to issue green notes as part of $500 mn global bonds for future mobility
Kia Corp., a unit of Hyundai Motor Group, plans to issue green bonds in overseas markets to raise money for future mobility inve...
Jan 18, 2021 (Gmt+09:00)