-
Mergers & AcquisitionsPI Advanced, NexFlex draw bids from foreign rivals, PE firms
Two leading South Korean materials companies PI Advanced Materials Co. and NexFlex Co. have drawn final bids mainly from foreign...
May 27, 2022 (Gmt+09:00)
-
Pension fundsNPS to slash Korean asset proportion, increase overseas stocks
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, has adjusted its five-year asset al...
May 27, 2022 (Gmt+09:00)
-
Pre-IPOsKakao Entertainment’s fundraising plan hits roadblock
Kakao Entertainment Corp., a unit of South Korea’s mobile platform giant Kakao Corp., is struggling to raise money as surg...
May 27, 2022 (Gmt+09:00)
-
MetaverseVA Corp. to build Asia’s largest virtual studio with LG’s LED displays
VA Corp. (VAC), a South Korean visual effects production startup, is building Asia’s largest virtual studio complex equipp...
May 27, 2022 (Gmt+09:00)
-
BatteriesPOSCO, GM JV inks battery materials supply deal worth $16 bn
South Korea’s POSCO Chemical Co. and General Motors Co. on Friday agreed to set up a joint venture that will supply about ...
May 27, 2022 (Gmt+09:00)
-
The KED ViewTerra debacle: For whom the blockchain bell tolls
In capitalism and the market economy, one’s monetary compensation is measured by his or her degree of contribution to impr...
May 27, 2022 (Gmt+09:00)
-
Pension fundsGEPS taps Samsung Life's alternative investment head as CIO
Government Employees Pension Service (GEPS) of South Korea has named Baek Joo-hyun, former alternative investment head at Samsun...
May 27, 2022 (Gmt+09:00)
-
IPOsMarket Kurly's sales surge 49% on-year in Q1
South Korea’s Kurly Inc., the operator of grocery delivery platform Market Kurly, achieved 641.7 billion won ($511.6 mil...
May 27, 2022 (Gmt+09:00)
-
ConstructionSamsung Eng. wins plant design deal from Texas LNG
South Korea’s Samsung Engineering Co. has won a deal to design a liquefied natural gas plant in Texas, taking a step forwa...
May 27, 2022 (Gmt+09:00)
-
EnergyS&P lowers KEPCO’s stand-alone credit rating to non-investment grade
Standard & Poor's (S&P), an international credit rating agency, has lowered Korea Electric Power Corp.'s stand-alone cre...
May 27, 2022 (Gmt+09:00)