Whang Joo-ho

Asset management Mirae Asset bets on China as Korean investors’ US focus draws concern

South Korea’s leading asset manager Mirae Asset Financial Group is increasingly unveiling China-focused investment products as Chairman P...

Automobiles Hyundai Motor launches future strategy division overseeing M&As

Hyundai Motor Group has created a future business strategy division that serves as a control tower for the automotive group’s expansion into n...

Korean food Daesang launches kimchi brand with three-Michelin-star chef

South Korean leading food maker Daesang Corp., the operator of kimchi brand Jongga, said on Thursday it launched San Ho Won with three-Michelin-star...

Electronics LG Electronics, Tenstorrent in strategic tie-up for AI chip advancement

South Korea’s home appliances giant LG Electronics Inc. and Toronto-based fabless AI chip designer Tenstorrent Inc. have agreed to expand thei...

Advertising & Marketing Genesis partners with Tate Modern in London

Hyundai Motor Co. 's premium brand Genesis announced on Friday that it partnered with the Tate Modern Art Museum in London and will sponsor "The Gen...

IPOs LG Electronics mulls Indian IPO, to invest in HVAC, webOS content: CEO

LG Electronics Inc., a leading South Korean home appliance maker, is considering an initial public offering of its Indian business to help achieve a...

Mergers & Acquisitions STIC to buy Korean flooring firm Nox from TPG for $336 mn

Seoul-based private equity firm STIC Investments has agreed to acquire global leading luxury vinyl tile (LVT) flooring firm Nox Corp. at 450 billion...

Banking & Finance Shinhan Financial opens new headquarters in Ho Chi Minh City

South Korea's Shinhan Financial Group opened a new headquarters in Ho Chi Minh City, Vietnam.Shinhan Financial held an inauguration ceremony for t...

Leadership & Management AI to drive Mirae Asset's next-phase growth: chairman

Mirae Asset Group is a pioneer in South Korea’s mutual fund industry. It launched the country’s first equity mutual fund in the wake of ...

Automobiles Lotte Rental launches driver-inclusive rental service in Vietnam

Lotte Rental Co., South Korea's largest car rental firm, announced on Monday that it has launched a "Vietnam Driver-inclusive Rental Car."The servic...

Sports Coupang Play to livestream 2024 Masters Tournament

Coupang Play, a video streaming service provided by South Korea's largest e-commerce company Coupang Inc., will broadcast the first major golf tourn...

Executive reshuffles Kang Shin-ho returns as CJ CheilJedang CEO to revive sagging sales

South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ CheilJedang Corp. and entertainment giant CJ E...

Electronics LG Elec opens customer experience space in Ho Chi Minh

LG Electronics Inc. announced on Friday the unveiling of a customer experience space called "Another Saigon" in Ho Chi Minh City, Vietnam, where the...

Mergers & Acquisitions Mirae Asset seeks to buy India’s 9th-largest brokerage Sharekhan

South Korea’s leading asset manager Mirae Asset Financial Group aims to enhance its presence in India by acquiring Sharekhan, the Southeast As...

North Korea N.Korea's military reconnaissance satellite launch imminent

North Korean leader Kim Jong-un broke a month of stealth to visit the site of preparations for the launch of the first military reconnaissance satel...

Steel Jang Se-joo returns as Dongkuk chairman, launches holding firm

Jang Se-joo, former chairman of South Korea’s Dongkuk Steel Mill Co., has returned to the top post after an eight-year hiatus as the steelmake...

Aerospace & Defense S.Korea's budget carriers seek expansion via more overseas flights

South Korea's budget carrier Jeju Air Co. on Thursday announced the resumption of flights connecting Incheon to the Vietnamese cities of Ho Chi Minh...

Airlines Jeju Air resumes daily flights to Hanoi, Ho Chi Minh City, Vientiane

South Korea's low-cost carrier Jeju Air Co. said on Monday that it would run daily flights from Korea to Hanoi and Ho Chi Minh City in Vietnam and V...

Energy S.Korea's science minister calls small modular reactors 'game changers'

Minister of Science and ICT Lee Jong-ho on Thursday pledged full support for the development of small modular reactors (SMRs), which he called a "ga...

Pension funds NPS narrows search for new CIO to two major candidates

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund managing 917.2 trillion won ($692 billion) in asset...

Investment banking BofA names Korean American Mike Joo as head of North America GCIB

Bank of America Corp. has appointed Korean American Mike Joo as its new head of North America global corporate and investment banking (GCIB), accord...

Sovereign wealth funds KIC appoints Lee Hoon as CIO and Jung Ho-seok as CRO

Korea Investment Corporation (KIC) said on Wednesday it has promoted Lee Hoon, its former head of investment strategy and innovation division, to th...

Pension funds GEPS taps Samsung Life's alternative investment head as CIO

Government Employees Pension Service (GEPS) of South Korea has named Baek Joo-hyun, former alternative investment head at Samsung Life Insurance Co....

Korean startups Startups race for top talent to fill CTO positions

Just a few years back, fashion startups in South Korea rarely saw the need for a Chief Technology Officer (CTO). The same was true for the so-c...

Artificial intelligence SK Telecom taps AI expert as new technology chief

SK Telecom Co., South Korea's top mobile carrier, has tapped its e-commerce arm's chief executive and artificial intelligence (AI) expert Lee Sang-h...

Tech, Media & Telecom LG Electronics names strategy chief as new CEO

South Korea's LG Electronics Inc. on Thursday appointed its strategy chief Cho Joo-wan as the company's new chief executive officer, in a major resh...

Logistics Hyundai Glovis, Ulsan Port Authority to build logistics center in Ho Chi Minh City

South Korea’s Hyundai Glovis Co. and a local port authority will build a logistic center in Vietnam’s Ho Chi Minh City to use it as a di...