-
Pension fundsNPS hires Millennium, Starboard, Systematica for hedge fund investing
National Pension Service (NPS) of South Korea said on Feb. 28 it selected Millennium Management LLC, Starboard Value LP and Sy...
Feb 28, 2022 (Gmt+09:00)
-
Future mobilityLG Elec signs 5G vehicle connectivity deal in Europe
LG Electronics Inc. has signed a deal on 5G vehicle connectivity with a European premium carmaker as the South Korean company is...
Feb 28, 2022 (Gmt+09:00)
-
Pension fundsAdams Street, Benefit Street, Clearlake join NPS' PE managers
National Pension Service (NPS) of South Korea announced on Feb. 28 it selected Adams Street Partners LLC, Benefit Street Partn...
Feb 28, 2022 (Gmt+09:00)
-
War in UkraineKorean inflation fears grow amid Ukraine crisis
Fears are growing over accelerating inflation in South Korea as Russia’s invasion of Ukraine boosted energy and raw materi...
Feb 28, 2022 (Gmt+09:00)
-
AutomobilesHyundai, Kia heavily exposed to Ukraine crisis; shares at 52-week lows
Shares of Hyundai Motor Co. and Kia Corp. on Monday fell to their lowest levels in more than 52 weeks as investors engaged in pa...
Feb 28, 2022 (Gmt+09:00)
-
Korean startupsRidi becomes first Korean content platform unicorn
Ridi Corp., often referred to as South Korea's Kindle, has received funding of 120 billion won ($100 million) from Singapore's G...
Feb 28, 2022 (Gmt+09:00)
-
Pension fundsNPS picks Allspring, BlackRock, Morgan Stanley for multi-assets in Q4
National Pension Service (NPS) of South Korea said on Feb. 28 it hired Allspring Global Investments LLC, BlackRock Inc. and Mo...
Feb 28, 2022 (Gmt+09:00)
-
M&AsKorea Investment in $4.4 bn lending group for Tropicana deal
Korea Investment & Securities Co. will arrange senior and mezzanine loans for Paris-based PAI Partners to fund its acquisi...
Feb 28, 2022 (Gmt+09:00)
-
Pension fundsNPS posts 24% return from alternative investment in 2021
National Pension Service (NPS) of South Korea posted a 10.86% rate of return in 2021, according to a preliminary data report b...
Feb 28, 2022 (Gmt+09:00)
-
AutomobilesHyundai IONIQ 5, Kia EV6 rated top among electric cars in Germany
Hyundai Motor Co.'s IONIQ 5 and Kia Corp.'s EV6 have been recognized as the most competitive electric sport utility vehicles by ...
Feb 28, 2022 (Gmt+09:00)
-
Pre-IPOsSK Ecoplant raises over $800 mn from Korean PE firms
South Korea's SK Ecoplant Co. has raised a total of 1 trillion won ($830 million) from four domestic private equity firms, inclu...
Feb 28, 2022 (Gmt+09:00)