News

Samsung Life Insurance's headquarters in Seoul Samsung Group’s financial affiliates are closing in on KB Financial Group for the top spot in South Korea’s financial services sector, underscoring ...
They are seeking to acquire shares from TPG with a 29% stake in Kakao Mobility, Carlyle Group (6.17%), LG Corp. (2.46%) and Google Inc. (1.52%), as well as a portion of the 57.2% stake held by Kakao ...
POSCO Future M's precursor plant in Gwangyang, South Jeolla (Courtesy of POSCO Future M) GWANGYANG, SOUTH JEOLLA – POSCO Future M Co., South Korea’s leading battery materials maker, has secured itself ...
Kim Dae-hyun, partner and head of EQT Real Estate Korea (Courtesy of EQT Partners) Swedish asset manager EQT Partners, also the largest private equity firm in Europe, has named David Kim, chief ...
The S.Korean company is seeking to expand the production capacity of transformer plants at home and in the US by about 30% By Sang Hoon Sung and Jin-Won Kim Jan 19, 2025 (Gmt+09:00) 4 Min read ...
A bird's-eye view of LG Energy Solution's standalone battery plant in Arizona In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – ...
Affirma Capital plans to close the CEK deal by the third quarter of this year. It currently manages over $4 billion of assets across Korea, India, Southeast Asia, China, Africa and the Middle East.
Laura Major with Motional's all-electric IONIQ 5 robotaxi (Courtesy of Motional) Motional Inc., the autonomous driving joint venture backed by Hyundai Motor Group, has appointed Laura Major, an ...
US shipbuilders have stopped building an LNG vessel since the 1980s, ceding ground to South Korean, Chinese and Japanese firms as technical challenges and high labor costs undercut their ...
Seo Jung-jin (center) speaks at Morgan Stanley 22nd Annual Global Healthcre Conference (Courtesy of Celltrion) South Korea’s biosimilar maker Celltrion Inc. will venture into the contract development ...
EREVs refer to EVs with next-generation powertrains. They run on gasoline and can travel more than 900 km. Hyundai will begin their mass production in North America and China in 2026 for launch in ...
HYBE lost its bid to take control of SM Entertainment to Kakao in 2023 Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s ...