investment deal
Scope
Date
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Aerospace & Defense
Korea’s HD Hyundai, Hanwha fail to win $7.3 bn Australian navy deal
HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. failed to win a $7.3 billion deal to build frigates for the Australian Navy, industry sources a...
Nov 08, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply EV batteries to Rivian in $6.7 bn deal
LG Energy Solution Ltd., the world’s third-largest battery maker, is set to supply cells to Rivian Automotive Inc., a US electric vehicle manu...
Nov 08, 2024 (Gmt+09:00)
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Shareholder activism
Dalton Investments raises stake in cosmetics ODM Kolmar
Dalton Investments Inc., a US-based activist fund, has secured a 5.02% stake in South Korea’s Kolmar Holdings Co., stoking speculation the wor...
Nov 06, 2024 (Gmt+09:00)
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Construction & Planning
Hyundai E&C signs engineering deal for two nuclear reactors in Bulgaria
South Korea’s Hyundai Engineering & Construction Co. has signed a nuclear power plant design contract with Bulgaria's state nuclear power ...
Nov 05, 2024 (Gmt+09:00)
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Entertainment
Korean choreography copyrights to be protected by Naver Z deal
South Korean dance choreography copyrights will be protected through an agreement between Naver Z Corp., the operator of Asia’s largest metave...
Nov 05, 2024 (Gmt+09:00)
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Korean startups
Jay-Z’s Roc Nation to invest $5 mn in S.Korea’s Musicow
US entertainment tycoon Jay-Z’s Roc Nation is expected to invest about $5 million in Musicow Inc., South Korea’s music copyright trading...
Nov 04, 2024 (Gmt+09:00)
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Business & Politics
S.Korea set to scrap financial investment income tax
South Korea is set to scrap a plan to impose a tax on gains from financial investments – a scheme slated to be introduced early next year &nda...
Nov 04, 2024 (Gmt+09:00)
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Korean games
DevSisters, VNG Games sign Cookie Run Asia publishing deal
South Korean game developer DevSisters Corp. said on Friday that it signed a publishing agreement with Vietnamese game company VNG Games for "Cookie...
Nov 01, 2024 (Gmt+09:00)
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Corporate bonds
S&P upgrades SK Innovation credit rating to BBB-
Global credit rating agency Standard & Poor's (S&P) announced on Friday that it upgraded SK Innovation Co.'s long-term credit rating from a ...
Nov 01, 2024 (Gmt+09:00)
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Banking & Finance
KB Asset Management to list Balhae Infrastructure Fund
South Korea's KB Asset Management Co. said on Friday it plans to list its KB Balhae Infrastructure Fund. Launched in 2006, KBIF focuses on so...
Nov 01, 2024 (Gmt+09:00)
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Pension funds
NPS commits $436 mn to Koramco, Hana Alternative for real estate lending
The National Pension Service (NPS), South Korea’s largest institutional investor, has selected Koramco Asset Management Co. and Hana Alternati...
Nov 01, 2024 (Gmt+09:00)
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Banking & Finance
Mastern Investment reshuffles organizations
Mastern Investment Management Co., South Korea's real estate investment firm, said an organizational restructuring on Friday.The firm streamlined it...
Nov 01, 2024 (Gmt+09:00)
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Energy
Czech anti-trust body puts signing of nuclear power deal on hold
The Czech anti-trust body put a temporary block on the conclusion of a contract with Korea Hydro & Nuclear Power Co. (KHNP) for the construction...
Oct 31, 2024 (Gmt+09:00)
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Energy
Hyundai Motor signs Korea’s largest renewable energy purchase deal
South Korea’s top automaker Hyundai Motor Co. said on Wednesday it has signed a deal to procure 610 gigawatt-hours (GWh) of renewable energy a...
Oct 30, 2024 (Gmt+09:00)
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Steel
Korea’s POSCO, India’s JSW team up to build steel plant in Odisha
South Korea’s POSCO Group joined hands with India’s JSW Group to set up an integrated steel plant in the South Asian country with an est...
Oct 29, 2024 (Gmt+09:00)
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ASK 2024
Korean LPs tighten due diligence on general partners
In the wake of COVID-19, South Korean pension funds and insurance companies have placed a greater focus on asset managers' capabilities for post-inv...
Oct 28, 2024 (Gmt+09:00)
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Earnings
LG Energy Q3 profit more than doubles on higher sales; shares jump
LG Energy Solution Ltd., the world’s third-largest battery maker, said its quarterly operating profit more than doubled from the previous thre...
Oct 28, 2024 (Gmt+09:00)
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Banking & Finance
Samsung Asset releases KODEX India ETF Investment Guide
South Korea's Samsung Asset Management said on Monday it released its KODEX India ETF Investment Pocket Guide.The guide provides information on the ...
Oct 28, 2024 (Gmt+09:00)
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Korean startups
Naver D2SF accelerates investments in Silicon Valley startups
South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) said on Friday it started to discover and invest i...
Oct 25, 2024 (Gmt+09:00)
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Venture capital
South Korean VCs in search of better returns abroad
South Korean venture capitalists’ appetite for foreign entrepreneurs shows no sign of waning as they continue to look for better returns overs...
Oct 23, 2024 (Gmt+09:00)
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Business & Politics
Hyundai E&C, South Australia sign renewable energy, infrastructure deal
South Korea’s Hyundai Engineering & Construction Co. said on Tuesday it has signed a comprehensive deal on cooperation in the renewable en...
Oct 22, 2024 (Gmt+09:00)
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Korean stock market
Korea Investment Management to list Global AI-based ASIC ETF
Korea Investment Management Co. said on Monday it will list the ACE Global AI ASIC exchange-traded fund (ETF) on October 22. The ETF will focus on ...
Oct 21, 2024 (Gmt+09:00)
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Aerospace & Defense
S.Korea’s KF-21, Lockheed's F-16 shortlisted for Philippine fighter jet deal
South Korea’s homegrown fighter jet KF-21 is competing against US defense firm Lockheed Martin Corp.’s F-16 for the Philippine governmen...
Oct 18, 2024 (Gmt+09:00)
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Real estate
Koramco to open office next to NPS for property investment partnership
Koramco Asset Management Co. will open a liaison office next to South Korea’s National Pension Service (NPS) to bolster cooperation with the w...
Oct 18, 2024 (Gmt+09:00)
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ASK 2024
Korean pension funds to up private equity exposure in 2025
South Korea's major pension and savings funds see no drastic reshuffle to their portfolios tilted to private debts next year. But they are looking t...
Oct 17, 2024 (Gmt+09:00)
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ASK 2024
UCK Partners advises Korean-style approach for buyout deals
An increasing number of South Korean companies are on the radar of private equity investors as the firms undergo digital transformation and generati...
Oct 16, 2024 (Gmt+09:00)
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Artificial intelligence
LG Uplus to support AI startup creation
South Korea's LG Uplus Corp. said on Wednesday that it launched the startup support program Shift, which aims to discover and nurture startups, incl...
Oct 16, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis to invest $257 mn in EV parts plants in Slovakia
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, agreed to invest some 350 billion won ($256.9 million) in building electric veh...
Oct 16, 2024 (Gmt+09:00)
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ASK 2024
KIC bets on AI-driven value creation: CEO
Sovereign wealth fund Korea Investment Corporation (KIC) will aggressively explore early investment opportunities in sectors undergoing AI-driven in...
Oct 16, 2024 (Gmt+09:00)
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ASK 2024
NPS bullish on real estate in low interest era: chairman
South Korea’s National Pension Service (NPS) will raise exposure to residential housing and data centers to take advantage of lower interest r...
Oct 16, 2024 (Gmt+09:00)
Latest News
- 1 BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea
- 2 Korea’s top cinema chains seek merger to counter box office slump
- 3 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 4 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 5 LG Electronics breaks ground on $600 million home appliance plant in India