Korea financial groups
Scope
Date
~
-
Aerospace & Defense
Hanwha picked to develop KF-21’s unmanned escort plane radars
Hanwha Systems Co., a South Korean aerospace and defense contractor, has been picked as a preferred developer by the state-run Korea Institute for D...
Jun 11, 2024 (Gmt+09:00)
-
Energy
SK Ecoplant builds rooftop solar panels at Samil Vina in Vietnam
SK Ecoplant Co., a South Korean construction engineering and waste management company, said on Tuesday it has completed building rooftop solar panel...
Jun 11, 2024 (Gmt+09:00)
-
Pension funds
Korea may mandate pension plans for all workplaces from 2025
South Korea is seeking to introduce corporate pension plans to all workplaces in stages starting next year, alongside mandatory contributions to the...
Jun 11, 2024 (Gmt+09:00)
-
Banking & Finance
Shinhan Financial units to reside under one roof in Vietnam
Shinhan Financial Group Co. is upping the ante in the Vietnamese financial market to further widen the gap with rivals as the country’s leadin...
Jun 11, 2024 (Gmt+09:00)
-
Economy
S.Korea’s current account swings to deficit on higher dividend payouts
South Korea logged a current account deficit in April, ending a streak of surpluses for the past 11 months, on seasonal factors such as increased di...
Jun 11, 2024 (Gmt+09:00)
-
Entertainment
HYBE accelerates transition into platform company
HYBE Co. is accelerating its push to transform into a platform company as it prepares to launch a new digital fan community platform. This platform ...
Jun 10, 2024 (Gmt+09:00)
-
Waste management
Carlyle, Keppel, Gaw Capital, IMM vying for Ecorbit
Carlyle Group, Temasek-backed Keppel Corp., Gaw Capital Partners, and a consortium of IMM Investment and IMM Private Equity have been selected as fi...
Jun 10, 2024 (Gmt+09:00)
-
ESG
Hyundai Motor to restore forest ecosystem
Hyundai Motor Co. announced on Monday that it signed a memorandum of understanding (MOU) for a Sustainable Forest Ecosystem Restoration Project with...
Jun 10, 2024 (Gmt+09:00)
-
Markets
Korean retail investors’ US stockholdings at record high
South Korean individual investors’ US stockholdings swelled to a record $82.19 billion as of early June amid the US stock market rally, while ...
Jun 10, 2024 (Gmt+09:00)
-
Leadership & Management
HD Hyundai’s ascent driven by visionary spinoff push
Many cast doubts on HD Hyundai Group’s decision to separate its ship maintenance, repair and overhaul (MRO) service in 2016. The move, however...
Jun 10, 2024 (Gmt+09:00)
-
Korean games
S.Korean IT companies partner with K-pop girl groups
South Korean game companies like Krafton Inc. and Nexon Korea Corp., and telecom firms such as SK Telecom Co., are collaborating with K-pop girl gro...
Jun 10, 2024 (Gmt+09:00)
-
Tech, Media & Telecom
Southeast Asia, Korea Inc’s new IT outsourcing powerhouse
PHNOM PENH – South Korean technology companies grappling with prolonged software developer shortages are actively broadening their search for ...
Jun 09, 2024 (Gmt+09:00)
-
Korean stock market
Korea's short-selling ban impedes MSCI index upgrade
South Korea is expected to retain its MSCI’s emerging market status as the global index provider said in its June 6 report that the country&rs...
Jun 07, 2024 (Gmt+09:00)
-
Bio & Pharma
Samsung Biologics eyes windfall gain amid US-China row
SAN DIEGO – Samsung Biologics Co. is enjoying a stream of contract development and manufacturing order inquiries from big pharmaceutical compa...
Jun 07, 2024 (Gmt+09:00)
-
Economy
S.Korea beats Japan in GNI per capita for 1st time in 2023
South Korea outstripped Japan in terms of per capita gross national income (GNI) for the first time in 2023, central bank data showed, with the Japa...
Jun 05, 2024 (Gmt+09:00)
-
Private equity
Korea's KDB widens gap in VC fundraising in H1; NPS to fund in July
The capital commitments of state-run Korea Development Bank (KDB) have widened the gap for South Korean venture capital firms in fundraising over ...
Jun 05, 2024 (Gmt+09:00)
-
E-commerce
YouTube, Coupang offer Shopping affiliate program in Korea
YouTube has started offering its Shopping affiliate program in South Korea in partnership with the country’s No. 1 e-commerce platform company...
Jun 05, 2024 (Gmt+09:00)
-
Corporate bonds
Korea’s non-financial firms rush to issue perpetual bonds
Perpetual bond offerings by non-financial firms in South Korea are poised to hit new records this year as many companies have flocked to the hybrid ...
Jun 05, 2024 (Gmt+09:00)
-
Future mobility
Korea’s Kakao Mobility unveils global ride-hailing app to court Uber
Kakao Mobility Corp., South Korea’s top ride-hailing service provider, on Tuesday introduced the release of its global app, taking on global g...
Jun 05, 2024 (Gmt+09:00)
-
Construction
Dongbu Corp exceeds $730 bn in new orders
South Korea's Dongbu Corporation surpassed 1 trillion won ($727 million) in new orders this year by securing a 200 billion won ($145 million) railwa...
Jun 04, 2024 (Gmt+09:00)
-
Airlines
Jeju Air, Lion Air codeshare Incheon-Bali route
South Korea’s budget carrier Jeju Air Co. announced on Tuesday that it signed a codeshare agreement with Indonesia's largest low-cost airline,...
Jun 04, 2024 (Gmt+09:00)
-
Retail
Shinsegae guarantees PE firms’ SSG.COM exit amid delayed IPO
Shinsegae Inc. and its supermarket chain operator E-Mart Inc. will bring in at least one investor by the end of this year to buy shares in SSG.COM f...
Jun 04, 2024 (Gmt+09:00)
-
Artificial intelligence
Korea’s KT, Microsoft form strategic alliance on AI, cloud sectors
South Korea’s leading telecommunications service provider KT Corp. has formed a strategic alliance with US tech giant Microsoft Corp. to colla...
Jun 04, 2024 (Gmt+09:00)
-
Robotics
Sampyo Group enters automated robotic parking business
South Korea's SP&Mobility, a robotics unit of Sampyo Group, unveiled its MPSystem on Monday, an automated robotic parking system designed to rep...
Jun 04, 2024 (Gmt+09:00)
-
Hydrogen economy
HD Hyundai supplies large hydrogen forklifts to Korea Zink
South Korea's HD Hyundai XiteSolution announced on Monday that it deployed its four 5-ton hydrogen forklifts in Korea Zinc Inc.'s Onsan Refinery and...
Jun 04, 2024 (Gmt+09:00)
-
Economy
S.Korea’s inflation slows to 10-month low amid tight policy
South Korea’s headline inflation slowed to a 10-month low in May as the Bank of Korea kept its interest rate policy tight, adding to the centr...
Jun 04, 2024 (Gmt+09:00)
-
Banking & Finance
Korea’s LS Group to operate brokerage firm LS Securities
South Korean cable-to-energy giant LS Group said on Monday that it has renamed brokerage subsidiary eBest Investment & Securities to LS Securiti...
Jun 03, 2024 (Gmt+09:00)
-
Fintech
Korea’s BC Card starts QR code payment service in Malaysia
South Korea’s credit card issuer BC Card Co. introduced its QR code payment service in Malaysia through cooperation with the country’s n...
Jun 03, 2024 (Gmt+09:00)
-
Energy
South Korea finds massive crude oil, gas prospects in East Sea: Yoon
South Korea, which heavily relies on imports for its energy use, has found a potentially massive reserve of oil and gas offshore close to its southe...
Jun 03, 2024 (Gmt+09:00)
-
Retail
MBK puts Homeplus’ supermarket chain unit up for sale
MBK Partners, the North Asia-focused private equity firm, has put the supermarket chain unit of South Korea’s hypermarket operator Homeplus up...
Jun 03, 2024 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer