DL Group D Tower sale
Scope
Date
~
-
Real estate
Lotte seeks first-mover advantage in senior market
South Korea's Lotte Group will build a luxury residential town for retirees in Seoul by 2025 to plunge into the senior housing market.Lotte Hotels a...
Mar 21, 2022 (Gmt+09:00)
-
Electric vehicles
Hyundai, BAIC Motor to inject $942 mn in China JV for EVs
Hyundai Motor Co., South Korea’s top automaker, is set to invest more in China to revive its business on the mainland through quality electric...
Mar 20, 2022 (Gmt+09:00)
language -
Mergers & Acquisitions
Korea Hana teams up with British developer Nick Candy in Chelsea bid
South Korea’s Hana Financial Group has joined the race to buy English Premier League club Chelsea in a consortium with British property develo...
Mar 20, 2022 (Gmt+09:00)
-
Korean games
WeMade revises 2021 results to exclude crypto earnings
WeMade Co., a pioneer in South Korea's play-to-earn (P2E) game industry, revised its 2021 operating profit downward by 70% after excluding 220 billi...
Mar 17, 2022 (Gmt+09:00)
-
Retail
Korea’s fashion OEM firms eye record sales
South Korea’s clothing original equipment manufacturers (OEM) are set to see a supercycle or a sustained period of expansion driven by robust ...
Mar 16, 2022 (Gmt+09:00)
-
Electric vehicles
China rules EV market with fleet sales; Hyundai targets retail
Chinese electric vehicle makers are expanding their shares in key markets such as the US and Europe through fleet sales, while South Korea’s H...
Mar 15, 2022 (Gmt+09:00)
language -
Electric vehicles
Korea automakers fret over Yoon’s policy on combustion engine cars
South Korea’s automakers were on high alert as President-elect Yoon Suk-yeol pledged to ban new registrations of internal combustion engine ca...
Mar 14, 2022 (Gmt+09:00)
language -
Private equity
K Car's evolution into top Korean used car sales platform
When Seoul-based private equity firm Hahn & Co. acquired K Car Co. from SK Group in 2018, the No. 1 used car retailer in South Korea controlled ...
Mar 08, 2022 (Gmt+09:00)
-
Electric vehicles
IONIQ 5, Niro February sales beat global EVs in Europe
Hyundai Motor Group’s electric vehicle sales in Europe are rapidly rising. Hyundai Motor Co.'s IONIQ 5, launched in Norway in May 2021, topped...
Mar 07, 2022 (Gmt+09:00)
language -
Private equity
SK Group's PE-funded transformation in the spotlight
SK Group stands out from other South Korean conglomerates in making good use of private equity funds to raise money for business expansion.The count...
Mar 07, 2022 (Gmt+09:00)
-
Electronics
Samsung Smart Monitor M8 available in S.Korea
The new Samsung Smart Monitor M8 is now available for sale in South Korea, Samsung Electronics Co. announced on Sunday.The product can stream serv...
Mar 06, 2022 (Gmt+09:00)
-
Upcoming IPOs
Korea’s Voronoi in talks with global firms on drug designs
South Korea’s biotechnology startup Voronoi Inc. is in talks with global biomedical companies on drug designs as it aims to expand the busines...
Mar 04, 2022 (Gmt+09:00)
-
Korean startups
Coupang wraps up 2021 with record sales of $18.4 bn
South Korea’s e-commerce juggernaut Coupang Inc. posted $18.4 billion in sales last year, up 54% on-year. Compared to the pre-pandemic level i...
Mar 04, 2022 (Gmt+09:00)
language -
Shares in Nexon, two listed arms rise on M&A hopes
The unexpected death of Nexon founder Kim Jung-ju stoked market speculation about a possible change in its ownership structure and top management, s...
Mar 02, 2022 (Gmt+09:00)
-
Electric vehicles
Hyundai, Kia refine profile with accolades, higher global rankings
Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, have worked for decades to refine their profil...
Mar 02, 2022 (Gmt+09:00)
-
Mergers & Acquisitions
KB Life, Prudential Life to complete merger by Jan 2023
The merger of KB Life Insurance Co., an insurer under KB Financial Group Inc. of South Korea, and Prudential Life Insurance Co. of Korea will be c...
Mar 01, 2022 (Gmt+09:00)
-
M&As
Korea 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 acquisition of Tropicana an...
Feb 28, 2022 (Gmt+09:00)
-
Artificial intelligence
LG AI Research: Foundation of group’s long-term future
Artificial intelligence that composes music and creates images, a forecasting model that reduces the development period of customized anticancer dru...
Feb 27, 2022 (Gmt+09:00)
-
War in Ukraine
Perfect storm from Ukraine crisis clouds Korea Inc.’s outlook
South Korean companies had dreamed of a post-COVID-19 earnings recovery as the globe geared up for economic reopening. But their hopes are now dampe...
Feb 25, 2022 (Gmt+09:00)
language -
Infrastructure
Partners Group wins $620 mn Korean LPs mandate for infra
Some major institutional investors of South Korea have committed a combined $620 million to Partners Group’s third direct infrastructure progr...
Feb 25, 2022 (Gmt+09:00)
-
Automobiles
Hyundai Motor Group sweeps board at IIHS safety awards
The Hyundai Motor Group once again received more safety awards than any of its counterparts from the Insurance Institute for Highway Safety (IIHS)...
Feb 25, 2022 (Gmt+09:00)
-
Pharmaceuticals
Samsung Bioepis to double biosimilars, may resume Nasdaq listing plans
Samsung Bioepis Co., a biopharmaceutical unit of Samsung Group, plans to double the number of its biosimilar products on sale to 10 by 2025 and acce...
Feb 24, 2022 (Gmt+09:00)
-
Electric vehicles
China’s Geely challenges Hyundai with entry to Korea’s e-truck market
China’s largest privately owned carmaker Zhejiang Geely Holding Group Co. is entering South Korea’s electric truck market to compete wit...
Feb 23, 2022 (Gmt+09:00)
language -
IPOs
S.Korea to ban execs' post-IPO share sale for certain period
South Korea will introduce an IPO lock-up period for company executives and their top shareholders to ban them from selling the company shares short...
Feb 23, 2022 (Gmt+09:00)
-
Private equity
BlackRock names new head of institutional investment for APAC
BlackRock Inc., the world’s largest asset manager with $10 trillion assets under management, named Hiroyuki Shimizu head of institutional in...
Feb 22, 2022 (Gmt+09:00)
-
SK Group head Chey to assume chair post at SK Telecom
SK Group chairman Chey Tae-won will assume an additional post as a chairman of SK Telecom Co.The conglomerate’s holding company SK Inc. announ...
Feb 22, 2022 (Gmt+09:00)
-
Economy
South Korea's working young teeter on brink of debt disaster
As the liquidity party is coming to an end, rising interest rates and falling asset values are highlighting concerns about household debt taken on b...
Feb 21, 2022 (Gmt+09:00)
-
M&As
LS-Nikko Copper to sell $670 million JV stake to Korean PEFs
LS-Nikko Copper Co., the world’s second-largest electrolytic copper maker, is set to sell an 800 billion won ($670 million) stake in a joint v...
Feb 20, 2022 (Gmt+09:00)
-
Pharmaceuticals
Samsung Bioepis posts $1.26 billion in global biosimilar sales
Samsung Bioepis Co., a biopharmaceutical unit of Samsung Group, said on Friday that sales of its five biosimilar products in global markets, excludi...
Feb 18, 2022 (Gmt+09:00)
-
Tech, Media & Telecom
Samsung SDS joins hands with Amazon for global cloud business
Samsung SDS Co., South Korea’s information technology service company, is set to expand its global cloud service business in cooperation with ...
Feb 18, 2022 (Gmt+09:00)
language