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InfrastructureNet zero, digitalization to boost private infrastructure investment
Infrastructure debt is a growing asset class with much to offer investors, with a wide range of assets and characteristics avail...
Jul 19, 2024 (Gmt+09:00)
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Mergers & AcquisitionsMG Non-Life Insurance deal falls through with no bidders
The sale of South Korean mid-sized insurer MG Non-Life Insurance Co. has been canceled as the financially distressed insurer fai...
Jul 19, 2024 (Gmt+09:00)
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Mergers & AcquisitionsBrokerage firm Hanyang Securities' 11.3% stake up for sale
South Korea’s Hanyang University Foundation has decided to sell 11.3% of common shares and all the preferred stocks it hol...
Jul 19, 2024 (Gmt+09:00)
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Corporate strategyLotte leader Shin Dong-bin stresses pivot to AI-centered innovation
Shin Dong-bin, chairman of South Korea’s retail, food and chemicals conglomerate Lotte, on Friday urged affiliate executiv...
Jul 19, 2024 (Gmt+09:00)
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Foreign exchangeKorea's foreign currency savings snap 5-mth losing streak
Foreign currency deposits in South Korea increased in June, snapping their losing streak over the past five months, with the yen...
Jul 19, 2024 (Gmt+09:00)
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ElectronicsLG UltraGear selected as official gaming monitor of EWC
LG Electronics Inc. announced on Friday that its UltraGear gaming monitors were selected as the official monitors of the eSports...
Jul 19, 2024 (Gmt+09:00)
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Alternative investmentsShinhan Securities, Stockeeper to cooperate on STO
South Korea's Shinhan Securities announced on Friday that it signed a memorandum of understanding (MOU) with Stockeeper on Thurs...
Jul 19, 2024 (Gmt+09:00)
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BatteriesSK ties up with BlackRock-backed Korean startup for EV chargers
SK Signet Inc., South Korea’s electric vehicle charger manufacturer, joined hands with a local renewable energy startup ba...
Jul 19, 2024 (Gmt+09:00)
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AutomobilesChevrolet All New Colorado's initial volume sold out in S.Korea
GM Korea Co., the South Korean unit of US auto giant General Motors Co., announced on Friday that its pickup truck Chevrolet All...
Jul 19, 2024 (Gmt+09:00)
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Food & BeveragePulmuone's Tofu Bar sold 70 mn units in Japan
Asahiko, the Japanese subsidiary of South Korea's Pulmuone, announced on Friday that its protein snack Tofu Bar has sold more th...
Jul 19, 2024 (Gmt+09:00)
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Korean startupsS.Korea's early stage VC funding down amid dearth of targets
Early stage startup funding has plummeted in South Korea as venture capitalists shifted to late-stage venture firms with stable ...
Jul 19, 2024 (Gmt+09:00)
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Electric vehiclesHyundai Mobis unveils airbags for purpose-built vehicles
Hyundai Mobis Co., the world’s sixth-largest auto parts maker, on Thursday unveiled the industry’s first airbags for...
Jul 19, 2024 (Gmt+09:00)
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RetailStruggling Korean retail stores lick Dubai chocolate, Dippin' Dots
Back in 2022 when the COVID-19 pandemic was rampant, South Korea’s convenience stores (CVs) saw their sales fly high as pe...
Jul 19, 2024 (Gmt+09:00)
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Tech, Media & TelecomSK Telecom identifies illegal drones using AI
South Korea's SK Telecom Co. announced on Thursday that it developed a communication and AI-integrated module to catch illegal d...
Jul 19, 2024 (Gmt+09:00)
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Banking & FinanceNH Investment selected as UN GCF manager
South Korea's NH Investment & Securities announced on Thursday that it was selected as the first Asian securities firm to ma...
Jul 19, 2024 (Gmt+09:00)