multi-strategy

Real estate Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...

Business & Politics Samsung, LG review strategies as Trump slaps Vietnam with steeper tariffs

South Korea’s two leading electronics makers – Samsung Electronics Co. and LG Electronics Inc. – are being forced to reassess thei...

Pension funds S.Korea’s pension fund NPS to overhaul alternative investment strategy

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, plans to intr...

Automobiles Kia’s Chinese operations turn to profit after 8 years; Export strategy pays off

South Korea’s No. 2 automaker Kia Corp. saw its Chinese operations turn profitable in 2024 for the first time in eight years as brisk exports ...

Private equity MBK-owned Homeplus files for corporate revamp with Seoul court

South Korea’s leading hypermarket operator Homeplus Co., wholly owned by North Asia-focused private equity firm MBK Partners, on Tuesday filed...

Electric vehicles Kia CEO stands firm on electrification strategy, premieres EV4 in Europe

TARRAGONA, Spain – Despite a temporary slowdown in electric vehicle demand and intensifying competition from Chinese automakers, Kia Corp. rem...

Alternative investments KIC explores Europe middle-market private equity opportunities

The Korea Investment Corporation (KIC) on Monday explored investment opportunities in Europe’s middle-market private equity sector with other ...

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...

Bio & Pharma Celltrion’s Vegzelma: Most-prescribed cancer treatment in Europe

South Korea’s leading biosimilar drug developer Celltrion Inc.'s Vegzelma, a cancer drug referencing global biopharma Roche’s Avastin, h...

Shipping & Shipbuilding HD KSOE wins $2.6 bn order for 12 container ships

South Korea’s largest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said on Thursday it got 3.716 trillion won ...

Beauty & Cosmetics Amorepacific's Aestura to enter US market with Sephora

South Korean beauty and cosmetics giant Amorepacific Corp. said on Wednesday that its derma cosmetic brand Aestura will enter the American market wi...

Korean chipmakers Samsung foundry ‘relief pitcher’ Han Jin-man vows to improve 2-nm yields

Samsung Electronics Co.'s new contract chipmaking business chief said on Monday he will go all-in to improve the company’s advanced 2-nanomete...

Business & Politics Hyundai's new CEO Munoz vows to proactively respond to Trump policy

LOS ANGELES – José Muñoz, the incoming chief executive of South Korea's top automaker Hyundai Motor Co., said on Thursday the co...

Electronics Samsung Electronics, LG Uplus to jointly develop ixi-O AI smartphone

South Korean tech giant Samsung Electronics Co. has joined forces with mobile carrier LG Uplus Corp. to unveil an AI smartphone embedded with a high...

Private equity US private equity giant Apollo opens Seoul office for APAC expansion

Apollo Global Management Inc., a US private equity powerhouse, said on Monday it has opened an office in Seoul to expand its business in the Asia Pa...

Artificial intelligence Naver’s AI-powered search, online shopping services to go into full swing

South Korea’s Naver Corp. has been preparing for years to take its artificial intelligence-based services to the next level. The tech giant no...

Electronics Samsung’s AI-powered robot vacuum cleaner takes on China’s Roborock

South Korean tech giant Samsung Electronics Co.'s AI-powered robot vacuum cleaners are rapidly catching up to Chinese products, which dominate the K...

Chemical Industry LG Chem strengthens automotive adhesives biz

South Korea's LG Chem Ltd., the world’s fourth-largest chemical manufacturer, said on Wednesday it will expand into the automotive adhesives m...

Banking & Finance Samsung Asset releases KODEX India ETF Investment Guide

South Korea's Samsung Asset Management said on Monday it released its KODEX India ETF Investment Pocket Guide.The guide provides information on the ...

Artificial intelligence SK Telecom launches PC version of A Dot

South Korea's SK Telecom Co. unveiled the multi-large language model (LLM) agent, the PC version of its AI personal assistant service "A. (A Dot)" o...

ASK 2024 Australia, Asia real estate whet Korean pension funds' appetite

South Korean pension funds and insurance companies are raising their bets on real estate as they diversify their US and Europe-focused portfolios in...

ASK 2024 Private debt remains attractive; NPLs rekindle interest

Private debt remains attractive for South Korean pension and big asset owners, although they may offer lower yields than before given recent interes...

Retail Lotte Duty Free renews Tokyo Ginza Store

South Korea's Lotte Duty Free reopened its Tokyo Ginza Store in Tokyu Plaza Ginza on Wednesday after a complete renovation. This is the company's ...

Future mobility Hyundai Motor, Waymo forge multi-year, strategic partnership

South Korea’s top automaker Hyundai Motor Co. said on Friday it has entered into a multi-year strategic partnership with Waymo LLC to jointly ...

Banking & Finance Korea Investment to publish emerging market investment guidebook

Korea Investment Management Co. said on Friday that it will publish an Emerging Market Guidebook on September 30, which will contain investment stra...

Electric vehicles Toyota chairman to visit Seoul, discuss hydrogen cars with Hyundai’s Chung

Akio Toyoda, chairman of Japan’s top automaker Toyota Motor Corp., will fly to Seoul in late October to meet with Hyundai Motor Group Chairman...

Airlines Low-cost carrier Fly Gangwon rebranded as Parata Air

South Korea's low-cost carrier (LCC) Fly Gangwon, based in Gangwon Province, has rebranded itself as Parata Air and is embarking on a new beginning....

Automobiles Kumho Tire holds Latin American dealer convention

South Korea's Kumho Tire Co. announced on Friday that it held the Kumho Dealer Convention event from July 20 to 22 in Sao Paulo, Brazil, inviting ab...

Investment banking Goldman Sachs taps ex-Morgan Stanley MD as Korea co-head

Goldman Sachs Group Inc. said on Monday that it has appointed Ahn Jae-hoon, former managing director at Morgan Stanley & Co. LLC as country co-h...

Bio & Pharma Celltrion's Remsima SC breaks 20% market share in Europe

South Korea's biopharmaceutical company Celltrion Inc. said on Wednesday that its subcutaneous autoimmune disease treatment Remsima SC has surpassed...