initial pubic offering
Scope
Date
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Bio & Pharma
Medtronic to buy S.Korean insulin patch maker for $738 mn
Medtronic Plc., a Dublin, Ireland-based medical device maker, is set to acquire EOFlow Co., a South Korean wearable insulin patch maker, for $738 mi...
May 26, 2023 (Gmt+09:00)
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Korean startups
S.Korean startup Drama & Company introduces AI talent recruiter
Drama & Company, the developer of South Korea’s popular cloud-based business card management app Remember, is readying its next business w...
May 25, 2023 (Gmt+09:00)
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Retail
Louis Vuitton creates jobs for Korean women returning from career breaks
Louis Vuitton will create jobs for South Korean women coming back from career breaks, a rare move for a global high-end brand in the fast-growing lu...
May 24, 2023 (Gmt+09:00)
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Artificial intelligence
Hanatour unveils ChatGPT-based travel information service
Hanatour Service Inc. announced on Friday the introduction of its beta service, "Travel Information AI," on Friday. The service utilizes artificial ...
May 19, 2023 (Gmt+09:00)
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ASK 2023
Multifamily, digital infrastructure have upside potential: ASK 2023
Investors will spur capital injection in global residential real estate and emerging infrastructure segments such as data centers and energy transit...
May 18, 2023 (Gmt+09:00)
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ASK 2023
Private debt will offer both income and downside protection: ASK 2023
Global investors will find opportunities to increase positions in private debt markets amid high interest rates this year and need to strengthen their...
May 17, 2023 (Gmt+09:00)
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Automobiles
Kia offers up to $7,500 in incentives in US for leasing EV6
South Korea's Kia Corp. is offering discounts of up to $7,500 in the US for leasing its electric compact crossover SUV line EV6 to boost its price c...
May 17, 2023 (Gmt+09:00)
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Energy
Samsung Engineering, OMV sign agreement for modular project
South Korea's Samsung Engineering has partnered with global integrated energy company OMV for project collaboration. Samsung Engineering announced T...
May 16, 2023 (Gmt+09:00)
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Electronics
LG Electronics delivers LED outdoor billboard to Peru
South Korea's LG Electronics Inc. announced on Friday its successful delivery of a massive billboard to Lima, the capital city of Peru. The LED disp...
May 12, 2023 (Gmt+09:00)
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Earnings
KEPCO vows to save $19 bn in 5 yrs; CEO offers to resign over swelling losses
South Korea’s state-run utility monopoly Korea Electric Power Corp. (KEPCO) on Friday vowed to save nearly 26 trillion won ($19.5 billion) ove...
May 12, 2023 (Gmt+09:00)
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Cloud computing
Korean KT Cloud to raise $452 mn from IMM via rights offering
KT Cloud Corp., a subsidiary of South Korea’s telecom giant KT Corp., is set to raise 600 billion won ($452 million) from a unit of Seoul-base...
May 11, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus to open cyber security dept. at Soongsil Univ.
In a first for the company, South Korea’s LG Uplus Corp. will set up a cyber security department that offers employment at Soongsil University...
May 10, 2023 (Gmt+09:00)
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Airlines
Korean Air to launch in-flight wi-fi service for int'l routes
Korean Air Lines Co. announced on Tuesday that it will begin in-flight wi-fi service on selected international routes starting from June 1.Korean Ai...
May 09, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to launch 10 global innovation special zones by 2027
South Korean government plans to create ten global innovation special zones by 2027, implementing a negative regulation system for the first time in...
May 08, 2023 (Gmt+09:00)
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Artificial intelligence
Wrtn to offer free access GPT-4 conversation services
South Korean generative AI startup Wrtn Technologies announced on Thursday that it will offer unlimited free access to its conversation feature...
May 04, 2023 (Gmt+09:00)
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Corporate bonds
Korean retail investors net buy bonds at record $3.2 bn in April
South Korean individual investors flocked to the bond market with net purchases of 4.25 trillion won ($3.2 billion) in April, the highest record on ...
May 02, 2023 (Gmt+09:00)
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Business & Politics
Elon Musk reaffirms Korea among top candidates for Asia Gigafactory
WASHINGTON, D.C. – Tesla Inc. Chief Executive Elon Musk said on Wednesday that South Korea is still among its top candidates to build another ...
Apr 27, 2023 (Gmt+09:00)
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Business & Politics
S.Korea to offer subsidies to foreigners investing in advanced technologies
Foreign companies investing in the fields of semiconductor, display and secondary batteries, which are part of South Korea's national strategic tech...
Apr 26, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai develops S.Korea's first offshore supply base for ammonia
HD Hyundai Co., the largest shipbuilding conglomerate in South Korea on Wednesday said it developed for the first time in the country a vessel for s...
Apr 19, 2023 (Gmt+09:00)
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Artificial intelligence
Naver launches image-generating platform Lasco AI
Naver Corp., South Korea’s dominant online platform, has ventured into the image-generative artificial intelligence market, challenging its ar...
Apr 13, 2023 (Gmt+09:00)
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Korean startups
S.Korea offers major support to online overseas shipments of 100 promising SMEs
South Korea's Ministry of SMEs and Startups on Thursday said it launched an online export package program of extensive support for the entire proces...
Apr 13, 2023 (Gmt+09:00)
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Batteries
POSCO Future M, Sungkyunkwan Univ. develop talent for battery materials
South Korea's battery component maker POSCO Future M, formerly POSCO Chemical, said on Tuesday that it has entered into an agreement with Sungkyun...
Apr 11, 2023 (Gmt+09:00)
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Automobiles
Kia plans 'game changer' EV9 launch in US by 4th quarter
South Korean carmaker Kia Corp. on Thursday said it unveiled on Wednesday in New York its large electric sport-utility vehicle EV9 for the first tim...
Apr 06, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung, AMD extend partnership for next-generation graphic chips
Samsung Electronics Co. said on Thursday it is extending its strategic partnership with Advanced Micro Devices Inc. to jointly develop next-generati...
Apr 06, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korean AI startup Liner Launches multilingual AI chatbot
South Korean AI search platform Liner announced on Wednesday the launch of a groundbreaking interactive search chatbot called "Liner Chat," designed...
Apr 05, 2023 (Gmt+09:00)
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Electronics
Samsung Electronics expands B2B online store to Germany
Samsung Electronics Co. announced on Tuesday the opening of a new online store dedicated to small and middle-sized businesses (SMBs) in Germany as p...
Apr 04, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Kakao's tender offer for SM Ent. twice oversubscribed
South Korea’s Kakao Corp. has secured 40% of SM Entertainment Co. as planned, wrapping up its 1.25-trillion-won ($960 million) takeover bid fo...
Mar 27, 2023 (Gmt+09:00)
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Mergers & Acquisitions
HYBE accepts Kakao’s tender offer to exit SM Entertainment
HYBE Co., the largest shareholder of SM Entertainment Co., said on Friday it has accepted Kakao Corp.’s tender offer to sell its shares in the...
Mar 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Dongwon backs out of Boryung Biopharma buyout deal
Dongwon Industries Co., South Korea’s No. 1 canned tuna producer, has backed out of a deal estimated between $400 million and $500 million to ...
Mar 23, 2023 (Gmt+09:00)
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Future mobility
SK Innovation invests an extra $50 million in US clean energy firm Amogy
South Korea’s SK Innovation Co. has newly invested $50 million in Amogy Inc., a US ammonia-based power system developer, to expand its green b...
Mar 23, 2023 (Gmt+09:00)
Latest News
- 1 Mirae Asset Global Investments’ managed asset surpasses $288 billion
- 2 Google partners with Samsung, Gentle Monster to revive smart glasses ambitions
- 3 Korean financial firms launch global IR blitz to woo foreign capital
- 4 KIC bets on Asian real estate; eyes residential, data centers
- 5 NPS boosts allocation to direct lending, secondaries