G-Cycle

Corporate strategy KT&G eyes overseas M&A after rejecting activist fund's offer

KT&G Corp., South Korea’s dominant tobacco and ginseng producer, is seeking to acquire a Japanese ginseng company after dismissing a 1.9-t...

K-pop KAIST launches Korean rapper G-Dragon’s music into space

The Korea Advanced Institute of Science & Technology (KAIST) has launched the music and iris image of G-Dragon, a Korean rapper and singer-songw...

Energy Doosan Enerbility wins $1.5 bn in orders from Saudi Arabia

Doosan Enerbility Co., South Korea’s leading gas turbine maunfacturer for power plants, said on Thursday that it has secured a combined $1.5 b...

Retail KT&G establishes Uzbekistan corporation

South Korean tobacco maker KT&G Corp. said on Monday it established the Uzbekistan corporation, aiming to boost its tobacco brand awareness in...

Fashion Korean indie fashion brands spread wings to Japan, China

Matin Kim, a rising designer brand in South Korea, will open its first offline store in Japan in the first half of next year, joining other Korean i...

Shareholder activism KT&G to buy back shares, rejects Ginseng unit buyout offer

South Korean tobacco maker KT&G Corp. on Thursday unveiled a plan to buy back shares and pay dividends totaling 3.7 trillion won ($2.7 billion) ...

Logistics CJ Logistics, KT&G introduce hydrogen cargo trucks

South Korea's CJ Logistics said on Thursday that it deployed two 11-ton hydrogen-powered cargo trucks in the logistics division of KT&G Corp.The...

Shipping & Shipbuilding HD Hyundai to build int'l standards for carbon emissions

South Korea's HD Hyundai Marine Solution Co. said on Wednesday that it signed a Life Cycle Assessment (LCA) Agreement with HD Hyundai Samho and the ...

Shareholder activism Flashlight Capital offers to buy KT&G’s ginseng business for $1.4 billion

Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has offered to buy South Korean tobacco maker KT&G Corp.'s gin...

Construction Shinsung E&G to supply 12MW solar modules to Ssangyong E&C

South Korean company Shinsung E&G said on Monday that it signed a contract to supply Ssangyong E&C with 12MW of solar modules. This marks ...

Real estate KT&G to sell Korean office tower to Pebblestone for $90 mn

KT&G Corp., the world’s fifth-largest tobacco maker, is set to sell an office tower in South Korea to a local asset manager for an estimat...

Electronics Samsung, Trek Bicycle launch Ultra Riding Challenge

Samsung Electronics Co. said on Tuesday that it launched the Ultra Riding Challenge in collaboration with global bicycle brand Trek Bicycle, offerin...

Korean chipmakers Memory chip demand to stay firm until H1 2025: SK Hynix CEO

The memory chip market is expected to remain upbeat for some time after the industry was resurrected by robust demand for high-performing memory chi...

Energy SK Gas delays $1 bn combined cycle power plant operation

SK Gas Ltd., South Korea’s No. 1 liquefied petroleum gas (LPG) distributor, has postponed the commercial operation of its combined cycle power...

Batteries Korea to keep track of EV battery life cycles for recycling

The South Korean government will monitor electric vehicle (EV) battery life cycles to share information on the lifespan, performance and accident hi...

Private equity Affirma Capital seeks to sell entire stake in both SeAH FS, S&G Holdings

Affirma Capital, a Singapore-based buyout private equity firm, is seeking to sell its entire stake in both South Korean steel tube maker SeAH FS and...

Energy SK Gas eyes commercial operations of LNG power plant in 2nd half

SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier seeking to transform into a clean energy company, has moved a step c...

Private debt Direct lending, a core allocation for investors: M&G Investments

Private credit continues to lure investors, not least within one of the largest areas of private credit, direct lending. Providing reliable income s...

Retail KT&G faces $2 bn damages suit over heated tobacco invention

KT&G Corp., the world’s fifth-largest tobacco maker, is facing a $2 billion damages suit from a former employee who claimed the South Kore...

Corporate governance NPS to vote in favor of KT&G CEO candidate Bang

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is slated to vote in favor of the KT&G Corp. b...

Corporate governance ISS urges KT&G shareholders to vote against CEO candidate Bang

Global leading proxy advisor Institutional Shareholder Services Inc. (ISS) has recommended that stakeholders of South Korean tobacco maker KT&G ...

Corporate governance KT&G’s No. 1 shareholder IBK vetoes naming Bang as CEO

South Korea’s KT&G Corp., the world’s leading tobacco maker, is facing challenges in its chief executive appointment as the firm&rsq...

Leadership & Management Tobacco maker KT&G names its COO as final CEO candidate

South Korea’s KT&G Corp., the world’s leading tobacco maker, appointed its Chief Operating Officer Bang Kyung-man as the final candi...

Alternative investments Peak views: What lies ahead in 2024?

With 2023 at a close, financial markets are at an important junction. Major developed market central banks have paused their rate rises and there ...

Shareholder activism Flashlight Capital urges KT&G to sue its directors for negligence

Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has urged South Korean tobacco maker KT&G Corp. to sue its inc...

Banking & Finance S.Korea’s LS Group wins regulatory nod for securities biz

South Korea’s electrics components-to-energy conglomerate LS Group is set to start the securities business as it secured regulatory approval t...

Korean chipmakers Chip cycle hits rock bottom but uncertainty lingers: Chey

The global semiconductor market has hit "rock bottom" but uncertainties remain high amid growing protectionism and lingering concerns about China&rs...

Asset management Flexibility unlocks opportunities: M&G Investments

As central banks fight with post-COVID inflation, the repricing of global interest rates continues to add to global market volatility across both bo...

Artificial intelligence Hankook Tire develops AI-based EV customer analysis system

South Korea's Hankook Tire & Technology announced on Thursday that it has developed a voice of the customer (VOC) analysis system for electric v...

Bio & Pharma Daewoong Pharma, Merck team up for AI tech for new drug

South Korea's Daewoong Pharmaceutical announced on Tuesday it signed with memorandum of understanding (MOU) with Merck Life Science to build an arti...