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Real estateIGIS beats Blackstone, Brookfield in Asian real estate AUM
IGIS Asset Management Co., South Korea’s largest real estate asset manager, was ranked as the world’s second-large...
Nov 24, 2021 (Gmt+09:00)
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Shareholder activismUS activist fund to face off with IMM PE over Hanssem
Teton Capital Partners, a US-based activist fund, has taken legal action to block IMM Private Equity from exercising its managem...
Nov 24, 2021 (Gmt+09:00)
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EnergyHanwha Solutions invests $100 mn in US energy startup Lancium
South Korea’s Hanwha Solutions Corp. has invested in a US data center energy management startup as part of its new busines...
Nov 24, 2021 (Gmt+09:00)
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Korean chipmakersSamsung orders US chips, with a side of geopolitics
Every country wants a cutting-edge semiconductor plant. Samsung Electronics’ plan to build one in the U.S. is ta...
Nov 24, 2021 (Gmt+09:00)
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Korean chipmakersSamsung’s $17 billion new chip plant in Taylor aims to rein in TSMC
Samsung Electronics Co. has officially announced its plan to build a $17 billion chipmaking plant in Taylor, Texas, as the tech ...
Nov 24, 2021 (Gmt+09:00)
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BatteriesKorea Zinc to double battery material output capacity
Korea Zinc Inc., the world’s top lead and zinc smelter, plans to double its production capacity of nickel sulfate, a key r...
Nov 24, 2021 (Gmt+09:00)
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Memo from Howard MarksThe winds of change
The Korea Economic Daily Global Edition exclusively carries the full text of the latest memos from Howard Marks, co-founder and ...
Nov 24, 2021 (Gmt+09:00)
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Alternative investmentsKorea’s Midas Asset buys logistics center in Italy for €200 mn
South Korea’s Midas Asset Management Co. has bought a logistics center leased to Amazon, the world’s top online shop...
Nov 24, 2021 (Gmt+09:00)
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EntertainmentBehind the scenes of CJ's $775 mn Endeavor Content purchase
CJ ENM Co., the producer of the Oscar-winning "Parasite", was the only South Korean company among a few entertainment powerhouse...
Nov 24, 2021 (Gmt+09:00)
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Mergers & AcquisitionsKorea’s Toss operator invests $5 mn in US startup fintech platform Republic
Viva Republica Inc., a leading South Korean fintech unicorn and operator of mobile financial super app Toss, is investing $5 mil...
Nov 24, 2021 (Gmt+09:00)
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Korean startupsHealthQuest picks Korea’s Lunit for first investment in Asia
HealthQuest Capital, a major US healthcare-focused venture growth fund, made its first investment in Asia along with other ventu...
Nov 24, 2021 (Gmt+09:00)
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Pension fundsNPS rewards investment managers with hefty bonuses
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund with 930 trillion won ($781.8...
Nov 24, 2021 (Gmt+09:00)