investment in high-inflation era
Scope
Date
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Shipping & Shipbuilding
A ship with AI engineers, deckhands?: HD KSOE makes it a reality
Artificial intelligence (AI) is now on everyone’s lips, and the shipping and shipbuilding industries are no exception to this global phenome...
Aug 24, 2023 (Gmt+09:00)
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Shareholder activism
Schindler-invested Hyundai Elevator faces S.Korean activism
South Korea’s Hyundai Elevator Co., the No. 2 shareholder of which is Schindler Holding AG, has faced a request from a local activist investor...
Aug 23, 2023 (Gmt+09:00)
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Chemical Industry
SK Enmove partners with Dell, GRC for data center coolant business
South Korea’s lube oil maker SK Enmove Co. has partnered with US computer maker Dell Technologies Inc. and data center cooling system provider...
Aug 23, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung set to supply HBM3, packaging services to AMD
South Korea’s Samsung Electronics Co., the world’s top memory chipmaker is poised to provide its high bandwidth memory (HBM) chips and t...
Aug 22, 2023 (Gmt+09:00)
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Bio & Pharma
Ildong Pharma to export high blood pressure treatment to China
South Korea's Ildong Pharmaceutical Co. on Tuesday said it will export benidipine hydrochloride, a raw material used in the treatment of high blood ...
Aug 22, 2023 (Gmt+09:00)
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Central bank
BOK head says Korea inflation to dip below mid-2% in H2 2024
South Korea’s central bank chief expected consumer inflation to fall below the mid-2% level in the second half of 2024, adding to predictions ...
Aug 22, 2023 (Gmt+09:00)
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Fashion
Fans of Supreme rush into the label's 1st Korean store
The US street fashion brand “Supreme,” which has a global fandom with a brand name written in white in a red box, opened its first store...
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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Aerospace & Defense
Doosan Enerbility to produce aviation gas turbine with ADD
South Korea’s power plant builder Doosan Enerbility Co. announced on Monday that it signed a contract with the Agency for Defense Development ...
Aug 21, 2023 (Gmt+09:00)
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Korean games
Gaming giant Krafton to pour additional $150 mn into India
South Korean gaming giant Krafton Inc., renowned for its global mega-hit PlayerUnknown’s Battlegrounds (PUBG), is slated to ramp up investment...
Aug 18, 2023 (Gmt+09:00)
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Batteries
EcoPro BM, SK On, Ford to invest $886 mn to build cathode plant in Canada
EcoPro BM Co., South Korea’s leading battery material producer, will invest $886 million jointly with SK On Co. and Ford Motor Co. to build a ...
Aug 18, 2023 (Gmt+09:00)
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Blockchain
SK Telecom expands its Web3 ecosystem
South Korea's SK Telecom Co. has joined hands with Polygon Labs, a New York-based global blockchain company, to expand its Web3 ecosystem.Both compa...
Aug 18, 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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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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Retail
NewJeans selected as models for Hyundai Dept. Store Duty Free
South Korea's Hyundai Department Store Duty Free announced on Monday that it has newly appointed the five-member K-pop girl group NewJeans as models...
Aug 14, 2023 (Gmt+09:00)
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Artificial intelligence
SK invests $100 mn in ChatGPT developer's rival Anthropic
South Korea’s SK Telecom Co. said on Sunday it has invested $100 million in the US startup Anthropic, a ChatGPT rival artificial intelligence ...
Aug 13, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Taihan Cable posts highest first-half operating profit in 20 years
South Korea's Taihan Cable & Solution Co. announced on Friday that its consolidated operating profit for the first half of this year reached 41....
Aug 11, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea to deliver food safety management skill to Thai, Malaysian officials
The Ministry of Food and Drug Safety of South Korea announced on Friday that it will conduct an invited training program for food safety officials f...
Aug 11, 2023 (Gmt+09:00)
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KOREA Investment Week 2023
KOREA Investment Week 2023 with KB KOREA Conference
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Aug 11, 2023 (Gmt+09:00)
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Energy
LS Cable invests $117.5 million in boosting submarine cable output
South Korea’s LS Cable & System on Thursday announced additional investment of 155.5 billion won ($117.5 million) in its plant in Donghae,...
Aug 11, 2023 (Gmt+09:00)
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KOREA Investment Week 2023
S.Korea's largest investment forum to begin Sept. 11
South Korea’s largest investment conference will be held in Seoul Sept. 11-15 with around 100 chief executives from global financial services ...
Aug 10, 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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Retail
Korea’s tourism industry pins high hopes on return of Chinese big spenders
BEIJING – China’s official announcement to lift its ban on group tourists’ travel to South Korea will likely be a boon for the tra...
Aug 10, 2023 (Gmt+09:00)
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Business & Politics
Sejong City to cooperate with Northern Ireland in smart city, cybersecurity
South Korea's Sejong Special Self-Governing City will pursue economic exchange with Northern Ireland and cooperation in cybersecurity research with ...
Aug 10, 2023 (Gmt+09:00)
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Bio & Pharma
SK Bioscience buys 6.5 million Novavax shares for $83.4 million
SK Bioscience Co., the drug-making unit of South Korea’s SK Group, said on Wednesday it has signed a deal to buy 6.5 million shares in US vacc...
Aug 09, 2023 (Gmt+09:00)
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Leadership & Management
UBS names Credit Suisse Korea head as vice chair for Asia
UBS Group AG, a global investment bank, appointed Kyungin David Lee, chief of Credit Suisse Group AG’s Seoul branch, as vice chair for Asia an...
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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Banking & Finance
Woori Bank teams up with BuildBlock on US real estate services
South Korea's Woori Bank and US real estate platform operator BuildBlock have entered into a strategic memorandum of understanding to bolster overse...
Aug 07, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia to showcase new cars at Indonesia’s GIIAS auto show
Hyundai Motor Co. and Kia Corp. will participate in Indonesia’s largest auto show next week as the South Korean sister firms ramp up their off...
Aug 04, 2023 (Gmt+09:00)