official sponsorship
Scope
Date
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Banking & Finance
Korea Investment & Securities and Stifel Financial form joint venture
Korea Investment & Securities Co., a subsidiary of Korea Investment Holdings, announced on Wednesday that it has formed a joint venture with Mis...
Sep 28, 2022 (Gmt+09:00)
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Electric vehicles
EV tax credits may prove detrimental to the US: EU official
The US decision to remove tax incentives for cars produced outside North America may violate World Trade Organization (WTO) provisions and could be ...
Sep 22, 2022 (Gmt+09:00)
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Content platforms
Lotte Home Shopping showcases Bellygom at Manhattan’s Pier 17
NEW YORK – Lotte Home Shopping Inc. displayed Bellygom at Manhattan’s Pier 17 on Wednesday, on the sidelines of the Korea Brand Expo in ...
Sep 22, 2022 (Gmt+09:00)
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Foreign exchange
Korean won rebounds on estimated $2 bn intervention
The South Korean won rebounded on Friday as the foreign exchange authorities were suspected of selling some $2 billion, showing its determination to...
Sep 16, 2022 (Gmt+09:00)
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Private equity
Lone Star, Seoul wrangle over KEB deal set to wrap up
A decade-long dispute between South Korea and the US private equity firm Lone Star Funds over a Korean deal will be wrapped up next week, with an in...
Aug 25, 2022 (Gmt+09:00)
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Bio & Pharma
K-bio firms embrace gene therapy CDMO as Samsung looks the other way
South Korea’s major biopharmaceutical companies are rapidly embracing the cell and gene therapy business under a contract drug-making mechanis...
Aug 05, 2022 (Gmt+09:00)
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Korean chipmakers
South Korea to cut red tape, raise student quota to grow chip talent
South Korea, home to the world’s two largest memory chipmakers, said on Tuesday it will cut administrative red tape and ease the restrictive s...
Jul 19, 2022 (Gmt+09:00)
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The KED View
Who should be held accountable for BTS label's stock plunge?
K-pop sensation BTS’ decision to temporarily split up and launch solo careers was made known after a pre-recorded video came out Wednesday of ...
Jun 16, 2022 (Gmt+09:00)
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Korean games
Netmarble to officially launch Seven Knights Revolution on July 28
Netmarble Corp. is poised to officially launch its latest game Seven Knights Revolution on July 28 in South Korea. The South Korean mobile game...
Jun 16, 2022 (Gmt+09:00)
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Advertising & Marketing
Hana Financial scores big with Son Heung-min sports marketing
South Korea’s national soccer team, led by captain Son Heung-min, lost to Brazil 1-5 in a pre-World Cup friendly on Thursday, much to 65,000 K...
Jun 03, 2022 (Gmt+09:00)
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North Korea
North Korea fires three missiles after Biden ends Asia trip
TOKYO — North Korea fired a suspected intercontinental ballistic missile early Wednesday that flew only briefly before landing in the sea east o...
May 26, 2022 (Gmt+09:00)
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Automobiles
Hyundai likely to unveil US EV plant plans in May
Hyundai Motor Co. is preparing to announce a plan to build its first electric vehicle plant in the US, a source familiar with the matter said on Mon...
May 10, 2022 (Gmt+09:00)
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Business & Politics
Blue house brawl: South Korea spars over where next president will live
SEOUL—South Korea’s political division runs so deep now that the country can’t agree where the next president should liv...
Mar 29, 2022 (Gmt+09:00)
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Central bank
Korea names IMF official as new central bank head
South Korea on Wednesday nominated veteran International Monetary Fund official Rhee Chang-yong as the country’s new central bank chief, who i...
Mar 23, 2022 (Gmt+09:00)
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Leadership & Management
Chung Ki-sun joins KSOE boardroom, to take helm at Hyundai Heavy
Hyundai Heavy Industries Group’s heir apparent Chung Ki-sun has been appointed as a co-chief executive and a registered director of Korea Ship...
Mar 23, 2022 (Gmt+09:00)
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Business & Politics
LG recruits former WH deputy chief of staff Joe Hagin for govt relations
LG Corp. announced on Sunday that the group has recruited former White House deputy chief of staff Joe Hagin for its Washington D.C. office. Ha...
Feb 21, 2022 (Gmt+09:00)
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Sovereign wealth funds
KIC buys $1.9 mn worth of shares in crypto platform Coinbase
Korea Investment Corporation (KIC), managing $205 billion in assets as of the end-2021, has invested in US cryptocurrency exchange platform Coinba...
Feb 11, 2022 (Gmt+09:00)
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Business & Politics
Samsung likely to announce US foundry investment plan this week
Samsung Electronics Co. is expected to announce an investment plan for its second US-based semiconductor foundry plant this week. As the South Kor...
Nov 22, 2021 (Gmt+09:00)
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Batteries
SK Innovation officially launches battery, E&P split-offs
South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...
Oct 01, 2021 (Gmt+09:00)
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Steel
POSCO hires ex-US envoy on N.Korea Stephen Biegun as adviser
South Korean steel giant POSCO has hired Stephen Biegun, former US deputy secretary of state, as its adviser for its American business.POSCO America...
Sep 29, 2021 (Gmt+09:00)
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Advertising & Marketing
POSCO’s 37-year gymnastics sponsorship proves fruitful in Tokyo
South Korean steelmaker POSCO’s long-standing sponsorship of the country’s gymnasts again proved effective at the Tokyo Olympics. The So...
Aug 03, 2021 (Gmt+09:00)
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Korean startups
Ex-TMON CEO launches e-commerce startup; raises over $17 mn in seed round
South Korea-based e-commerce startup RXC has secured around 20 billion won ($17.5 million) in a seed round -- an impressive and rare amount consider...
Jul 19, 2021 (Gmt+09:00)
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Pension funds
NPS to speed up under $100 mn alternative investments
The National Pension Service (NPS) has revised internal regulations to authorize its working-level officials to proceed with deals worth less than $...
Jul 14, 2021 (Gmt+09:00)
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Short selling
IMF official warns against S.Korea’s short-sale ban
A senior official of the International Monetary Fund (IMF) on Thursday warned against the extended ban on stock short selling in South Korea, saying...
Jan 28, 2021 (Gmt+09:00)
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Pension fund
Kim Yong-jin officially appointed as NPS’ new CEO, likely to drive decision over CIO status
Kim Yong-jin, the former second vice finance minister of President Moon Jae-in’s government between mid-2017 and 2018, has been chosen as the Na...
Aug 31, 2020 (Gmt+09:00)
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Pension fund
Teachers’ Pension names ex-education ministry official as CEO
The Teachers’ Pension has named former senior education ministry official Myung-hyun Ju as its chief executive officer for a three-year term sta...
Apr 02, 2020 (Gmt+09:00)
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Korea Post names ex-regulatory official as insurance unit head
Korea Post has appointed a former regulator of the Financial Services Commission (FSC) to lead its insurance bureau which manages $44 billion in asset...
Aug 24, 2017 (Gmt+09:00)
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Korea public officials fund set to buy Belgium building for $117 mn
The Public Officials Benefit Association (POBA) has been recently named as a preferred buyer of an office complex in Brussels, Belgium, in a 130 billi...
Mar 30, 2017 (Gmt+09:00)
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Korea public officials' fund sees $200 mn allocation to cat bonds, private debt funds in H2
South Korea’s Public Officials Benefit Association (POBA) is most likely to select global asset managers to invest about $200 million on aggregate in ...
Feb 16, 2017 (Gmt+09:00)
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Korea public officials’ fund says interested in Australia infrastructure, offshore debt funds
(Corrected: Numbers in the first and third paragraphs were corrected to $500 to $600 million, and $880 million, respectively) The Public Officials ...
Feb 14, 2017 (Gmt+09:00)