korea kgc us
Scope
Date
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Real estate
Korea Investment, Sinar Mas to build data center in Indonesia
Korea Investment Real Asset Management Co. and Indonesian conglomerate Sinar Mas have set up a joint venture to build a hyperscale data center in a ...
Aug 27, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean, US Senator discuss US Navy MRO
South Korea's Hanwha Ocean Co. said on Tuesday that it discussed various aspects of the US Navy ship projects with key figures from the US Senate Co...
Aug 27, 2024 (Gmt+09:00)
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Banking & Finance
BC Card, Uzbekistan to connect payment network
South Korea's BC Card said on Monday that it signed a contract with Uzbekistan's state-run payment operator National Interbank Processing Center (NI...
Aug 27, 2024 (Gmt+09:00)
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Korean chipmakers
S.Korea's Asicland establishes Taiwan subsidiary
Asicland Co., South Korea's only design house contracted by TSMC, said on Monday that it launched a local subsidiary in Hsinchu, Taiwan.The Taiwan...
Aug 27, 2024 (Gmt+09:00)
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Mergers & Acquisitions
S.Korea's Xingxing to merge Kickgoing
Pump Co., the operator of South Korea's personal mobility (PM) sharing service Xingxing, said on Monday that it will merge with Wololo, the company ...
Aug 27, 2024 (Gmt+09:00)
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Steel
Korea’s Husteel enjoys surging Saudi Steel Pipe stock prices
South Korean Husteel Co.'s long-term investments in Saudi Steel Pipe Co. are paying off as its share price surges on the back of deals with the king...
Aug 26, 2024 (Gmt+09:00)
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Banking & Finance
Mastern, Woods Capital team up for tech hub
Mastern Investment Management Co., South Korea's real estate investment firm, said on Monday that its US subsidiary Mastern America LLC signed a mem...
Aug 26, 2024 (Gmt+09:00)
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Batteries
Lotte Energy to supply copper foil to Samsung SDI-Stellantis JV
Samsung SDI Co., South Korea’s third-largest battery maker by battery usage, has picked Lotte Energy Materials Corp. as the exclusive supplier...
Aug 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai IONIQ 5 N named Car and Driver's 2024 top EV
South Korea's Hyundai Motor Co. said on Sunday that its high-performance electric vehicle (EV) the IONIQ 5 N was selected as Car and Driver's presti...
Aug 26, 2024 (Gmt+09:00)
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Private equity
Korea’s Tmax Group buys back software developer for $612 mn
South Korea’s Tmax Group bought back the software making unit it had sold to a local private equity firm two years ago to try to boost synergy...
Aug 23, 2024 (Gmt+09:00)
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Automobiles
Genesis tops TXI for fourth consecutive year in US
Hyundai Motor Co.'s premium brand Genesis and Hyundai Motors ranked first in the J.D. Power 2024 US Tech Experience Index (TXI) Study.The American...
Aug 23, 2024 (Gmt+09:00)
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Companies
Samyang Roundsquare to recruit foreign interns
Samyang Roundsquare, the holding company of South Korea's Samyang Group, said on Friday that it recruits foreign interns with the potential for full...
Aug 23, 2024 (Gmt+09:00)
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E-commerce
CJ ENM’s CJ Onstyle bets big on live commerce
CJ Onstyle, the at-home TV shopping and e-commerce brand of South Korea’s content and commerce powerhouse CJ ENM Co., will embark on mobile li...
Aug 23, 2024 (Gmt+09:00)
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Fashion
Kolon FnC to launch Italian high-end brand N21 in S.Korea
South Korea's Kolon FnC said on Thursday that it will launch the Italian high-end fashion brand N21 in South Korea.In August, Kolon FnC has secured ...
Aug 23, 2024 (Gmt+09:00)
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Regulations
Korea tightens rules on Netflix, Spotify subscription billing
South Korea’s antitrust body is slated to tighten the leash on subscription businesses of streaming service providers such as Netflix Inc. and...
Aug 22, 2024 (Gmt+09:00)
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The KED View
What's wrong with making money from startup exits?
In South Korea, those who struck it rich from property investments are the subject of envy, but startup founders who make big money from their exits...
Aug 22, 2024 (Gmt+09:00)
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Blockchain
SY Lee: A Korean startup creator who fetched $80 mn for Story Protocol
Seung Yoon Lee, a South Korean startup creator, was in his early 20s when he co-founded Radish Fiction Inc., a US-based mobile fiction platform, in ...
Aug 22, 2024 (Gmt+09:00)
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Banking & Finance
Korea Investment's Nasdaq 100 ETF surpasses $747 mn
Korea Investment Management Co. said on Thursday that the net assets of its ACE US Nasdaq 100 Exchange-Traded Fund (ETF) had surpassed 1 trillion wo...
Aug 22, 2024 (Gmt+09:00)
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Central bank
BOK signals autumn rate cut as inflation, economic growth slow
South Korea’s central bank is likely to reduce interest rates in the next three months as inflation is expected to ease amid a slowdown in Asi...
Aug 22, 2024 (Gmt+09:00)
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Batteries
LG Energy looks to battery safety diagnosis software business
LG Energy Solution Ltd., one of the world’s top battery makers, said on Wednesday it is entering the battery safety diagnosis software busines...
Aug 21, 2024 (Gmt+09:00)
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Bio & Pharma
Volpara to supply cancer diagnostics SW to Intermountain Health
Lunit, a South Korean cancer diagnostics AI company, announced on Wednesday that its subsidiary Volpara Health, a New Zealand-based AI software deve...
Aug 21, 2024 (Gmt+09:00)
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Electric vehicles
After Mercedes Fire, EV Owners Want to Know What Battery They Have
SEOUL—The uproar over a Mercedes-Benz electric vehicle that burst into flames in South Korea this month wasn’t only about fire...
Aug 21, 2024 (Gmt+09:00)
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Airlines
Air Incheon joins Boeing safety operation support program
South Korea's cargo airline Air Incheon announced on Wednesday that it signed an agreement with American aircraft manufacturer Boeing Co. on Tuesd...
Aug 21, 2024 (Gmt+09:00)
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Korean stock market
Korea's KEDI-based ETFs boom; net assets double in 2 months
South Korean exchange-traded funds (ETFs) tracking KEDI, an index set created by The Korea Economic Daily, are booming on growing investor demand fo...
Aug 20, 2024 (Gmt+09:00)
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Venture capital
Korea Investment, most generous venture capitalist in H1
Korea Investment Partners Co. spent the most on local startups among venture capitalists in the first half, while South Korean game developer Smileg...
Aug 20, 2024 (Gmt+09:00)
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Commodities
Korea to punish copper scrap traders for illegal exports
BUSAN -- South Korea is set to punish copper scrap traders, mostly Chinese-operated, for illegal exports as nonferrous metal sector companies on the...
Aug 20, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s Mirae Asset to open AI business unit in New York
Mirae Asset Group, the pioneer in South Korea’s mutual fund industry, plans to set up an artificial intelligence business unit in New York as ...
Aug 20, 2024 (Gmt+09:00)
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Economy
Korea’s household debt hits record high on mortage loans
South Korea’s household debt hit a record high in the second quarter as the domestic housing market started to recover and more consumers rush...
Aug 20, 2024 (Gmt+09:00)
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Airlines
S.Korea to launch sustainable biojet fuel initiative
South Korea will require airlines to replace a portion of their jet fuel with environmentally friendly alternatives such as cooking oil, palm oil an...
Aug 20, 2024 (Gmt+09:00)
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Pension funds
NPS signals more say in Hanmi Pharmaceutical's family feud
South Korea’s National Pension Service is indicating more active involvement in the management of Hanmi Pharmaceutical Group embroiled in a ye...
Aug 20, 2024 (Gmt+09:00)
Latest News
- 1 NPS commits $436 mn to Koramco, Hana Alternative for real estate debt fund
- 2 Mastern Investment reshuffles organizations
- 3 SK Innovation-SK E&S merger creates Asia’s No. 1 energy supplier
- 4 Hanwha Q Cells, OCI to benefit from expanded US CHIPS Act subsidies
- 5 HD Hyundai may nearly double shipbuilding capacity in Vietnam