Mirae Asset Celltrion Growth Fund
Scope
Date
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Pension funds
NPS likely to give full rights on asset managment to experts
The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, is poised to give investment experts full rights ...
Aug 25, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion to release Stelara biosimilar in US from March 2025
South Korean biopharmaceutical company Celltrion Inc. announced on Friday that it has completed a patent agreement with Johnson & Johnson, the m...
Aug 25, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion considers listing holding firm after merger of 3 units
South Korean drug giant Celltrion Group will consider listing its holding company if necessary, after it completes the merger of three affiliates &n...
Aug 24, 2023 (Gmt+09:00)
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Central bank
BOK chief’s top mission: Soft landing for household debt
South Korea’s central bank chief on Thursday vowed to reduce household debt without causing a severe economic downturn as the Bank of Korea he...
Aug 24, 2023 (Gmt+09:00)
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Artificial intelligence
Naver eyes global market with new LLM HyperCLOVA X
Naver Corp., the South Korean online platform giant, has finally debuted its upgraded large language model (LLM) HyperCLOVA X, its new pillar busine...
Aug 24, 2023 (Gmt+09:00)
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Corporate strategy
LG Group accelerates shift toward AI, bio and clean tech
Artificial intelligence, bio and clean tech are in their early stages of development for LG Group, but they should lead the South Korean conglomerat...
Aug 24, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korea's pet-friendly tourism sees brisk growth
More lodging facilities and tourism infrastructure in South Korea are accommodating people who wish to travel with their pets.This strategy by the...
Aug 24, 2023 (Gmt+09:00)
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Korean stock market
Korean exodus from China funds amid deepening property crisis
South Korean investors’ retreat from Chinese equity funds of nearly 10 trillion won ($7.5 billion) in total principal is accelerating amid dee...
Aug 23, 2023 (Gmt+09:00)
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Corporate restructuring
LG Chem to sell film factories amid shift to new growth drivers
LG Chem Ltd., South Korea’s chemical major, is seeking to sell its film factories at home amid accelerating business reorganization centered a...
Aug 23, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion’s Vegzelma listed on prescription of 10 private US insurers
South Korea’s Celltrion Healthcare Co. announced on Wednesday that it has signed contracts with 10 insurance providers in the US to boost the ...
Aug 23, 2023 (Gmt+09:00)
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Investment banking
Mirae Asset Securities exceeds $3 bn in overseas equity
Mirae Asset Securities Co. said on Tuesday it owns more than 4 trillion won ($3 billion) of equity capital in overseas operations as of June 30 of t...
Aug 22, 2023 (Gmt+09:00)
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Food & Beverage
HiteJinro to strengthen soju marketing in UK
South Korea’s leading soju maker HiteJinro Co. announced on Tuesday that its soju sales in the UK are showing consistent growth year by year. ...
Aug 22, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion gets OK partial approval for phase 3 of biosimilar in Europe
South Korean biopharmaceutical company Celltrion Inc. announced on Tuesday that it has received approval from the European Medicines Agency (EMA) fo...
Aug 22, 2023 (Gmt+09:00)
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Banking & Finance
KB, Shinhan, Woori improve rankings on Top 1,000 bank list
South Korea’s KB Financial Group, Shinhan Financial Group and Woori Financial Group improved their rankings on the list of the global top 1,00...
Aug 22, 2023 (Gmt+09:00)
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Corporate investment
CJ Foodville picks Arges PE as preferred negotiator to attract investment
Arges Private Equity has been chosen as the preferred negotiator for attracting investment in CJ Foodville, the food service subsidiary of South Kor...
Aug 22, 2023 (Gmt+09:00)
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Corporate strategy
SK Group to pursue employee-led ‘deep change’
SK Group, South Korea’s second-largest conglomerate, has been dedicated to its “Deep Change” initiative since Group Chairman Chey ...
Aug 21, 2023 (Gmt+09:00)
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Korean Investors
Korea taps Greyhound Capital, Headline Asia as venture fund managers
South Korean Ministry of SMEs and Startups announced the results of selecting global fund management companies for the year 2023 on Monday. The chos...
Aug 21, 2023 (Gmt+09:00)
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Bio & Pharma
Celltrion to merge with global sales affiliate by end-2023
South Korean pharmaceutical giant Celltrion Group has begun procedures to merge biopharmaceuticals developer and producer Celltrion Inc. with global...
Aug 17, 2023 (Gmt+09:00)
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Corporate investment
LG bets big on promising technologies for future growth
LG Group, South Korea’s fourth-largest conglomerate, is accelerating its investment in promising tech companies across the world despite the l...
Aug 17, 2023 (Gmt+09:00)
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Artificial intelligence
LG CNS to develop AI digital textbook with Mirae N
South Korea's largest cloud computing service provider LG CNS Co. on Wednesday signed an agreement with Mirae N, an educational content provider, on...
Aug 17, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Mirae Asset Global Investments buys Australian robo-advisor firm
South Korea's Mirae Asset Global Investments announced its acquisition of Stockspot, a prominent Australian robo-advisor specialist.In a statement r...
Aug 16, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung raises $2.2 billion via ASML stake sale for chip investment
Samsung Electronics Co., the world’s largest memory chipmaker, has sold 3.55 million shares in Dutch chip equipment maker ASML Holding N.V. fo...
Aug 15, 2023 (Gmt+09:00)
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Pension funds
Blackstone, KKR join race for Korean pension fund's real estate debt
South Korea’s Government Employees Pension Service (GEPS) has shortlisted four global investment firms, Blackstone, KKR & Co., Goldman Sac...
Aug 11, 2023 (Gmt+09:00)
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Korean stock market
KCGI Asset Management appoints former KIS head as new CMO
South Korea’s KCGI Asset Management, formerly Meritz Asset Management, announced on Friday that it has hired Cho Won-bok, former division head...
Aug 11, 2023 (Gmt+09:00)
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Korean games
Korean game developers look to revive heyday with reboots of old hits
South Korea’s game developers are rushing to remake classic titles to recover profitability by appealing to former fans with hit intellectual ...
Aug 11, 2023 (Gmt+09:00)
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Economy
S.Korean think-tank lifts inflation forecast on oil prices
A South Korean government think-tank has raised its inflation prediction for this year due to the recent rise in oil prices and expectations that As...
Aug 10, 2023 (Gmt+09:00)
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Electric vehicles
Carmakers in race for low-cost EVs amid tepid sales growth
Global carmakers such as Volkswagen, Hyundai Motor Group and Stellantis N.V. are in a race to release cheaper electric vehicles with the entry price...
Aug 08, 2023 (Gmt+09:00)
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Earnings
SK Telecom’s transition into AI company gains traction
SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...
Aug 08, 2023 (Gmt+09:00)
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Earnings
KT earnings beat estimates in Q2; shares hit 6-month high
KT Corp., South Korea’s leading telecommunications carrier, reported better-than-expected earnings in the second quarter on strong results for...
Aug 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Electronics to form $100-million global startup fund
LG Electronics Inc. has committed over $100 million to a startup fund to unearth new technologies in sustainable energy, digital health, artificial ...
Aug 03, 2023 (Gmt+09:00)