public safety

Pension funds S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds

The Government Employees Pension Service (GEPS), one of South Korea’s top three public pension programs, will commit up to 200 billion won ($1...

Private equity EQT set to invest in KKR-backed fashion unicorn Musinsa

EQT, Europe's largest private equity firm, is set to invest 20 billion to 30 billion won ($14 million-$21 million) in Musinsa, South Korea’s f...

Robotics Hyundai-owned Boston Dynamics’ Spot embarks on public safety missions

Spot, a quadruped robot developed by Boston Dynamics Inc., will aid defense and safety agencies in Australia, New Zealand and Indonesia to assist in...

Upcoming IPOs Lotte aims to take Lotte Global Logistics public by end-June

Lotte Group, grappling with a prolonged downturn in the petrochemical industry, plans to take Lotte Global Logistics Co. public by the end of June a...

Pension funds Korea to let securities firms manage $43 bn public fund investment pool

South Korea said on Wednesday it aims to boost returns on 62.1 billion won ($42.7 billion) in the public fund investment pool by entrusting some of ...

Corporate bonds Korea Inc. to face refunding risks with record corporate bond maturities

South Korean companies are expected to face refunding risks thanks to record corporate bond maturities in the first half of 2025, as fundraising con...

Upcoming IPOs LG CNS to use IPO proceeds to buy foreign IT firm

LG CNS Co., the information technology service unit of South Korea’s LG Group, plans to acquire a foreign IT company with the proceeds from it...

Asset management BlackRock names Lee Yoon Pyo as head of S.Korea business

BlackRock, the world's best-known asset manager, has appointed Lee Yoon Pyo as managing director and head of its South Korea operations, effective f...

North Korea North Korea Sent a Mystery Man to Lead Its Troops Fighting Ukraine

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IPOs LS Group’s US magnet wire unit to go public with $1.4 bn value

The US magnet wire unit of South Korea’s leading electric power, materials and energy conglomerate LS Group is seeking an initial public offer...

Tech, Media & Telecom SK C&C unveils digital SHE consulting service

South Korea's SK C&C said on Thursday that it launched its Digital SHE Consulting Service,  the artificial intelligence (AI) platform tha...

Electronics LG Electronics to conduct safety training using VR

South Korea's home appliance giant LG Electronics Inc. announced on Wednesday that it has signed a memorandum of understanding (MOU) with the Nation...

Food & Beverage Samyang Foods' Buldak Ramen gets K-food Safety certification

South Korea's Samyang Foods Co. said on Thursday its Buldak Ramen (hot chicken flavor ramyun) received the domestic production certification K-food ...

Banking & Finance KB Asset Management to list Balhae Infrastructure Fund

South Korea's KB Asset Management Co. said on Friday it plans to list its KB Balhae Infrastructure Fund. Launched in 2006, KBIF focuses on so...

Bio & Pharma Celltrion's Zymfentra gets 90% distribution channel in US

South Korean biosimilar maker Celltrion Inc. said on Monday its subcutaneous injection formulation for autoimmune diseases, Zymfentra (infliximab), ...

Batteries LG Elec builds EV chargers safety net for fire prevention

LG Electronics Inc. equipped its slow electric vehicle (EV) chargers with dual overcharge prevention technology to alleviate customer concerns and a...

IPOs Online lender K Bank withdraws plan for Kospi listing

K Bank, a South Korean online bank, has postponed its initial public offering (IPO) plan to list on the main bourse Kospi later this month.The digit...

Automobiles Kia releases 2025 model year of Carnival

Kia Corp., South Korea’s second-largest automaker, said on Monday it will release The 2025 Carnival, a model year of its large recreational ve...

Construction Hyundai E&C, Surbana Jurong to team up on power projects

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) established a cooperative network with Singapore's largest public-sector ...

Business & Politics S.Korea signs MOU on Philippine nuclear safety checks, eyes plant deals

MANILA – South Korea on Monday signed an initial agreement with the Philippines to conduct a safety check on a nuclear power plant before a re...

Batteries LG Chem develops material blocking battery thermal runaway

LG Chem Ltd. has developed a material that can prevent thermal runaway in a lithium-ion battery, one of the major hurdles to the expansion of the el...

IPOs Korea’s MeatBox to go public despite other failed grocery platform IPOs

MeatBox Global Inc., South Korea’s online livestock product sales platform operator, aims for an initial public offering valued at up to 28.5 ...

Tech, Media & Telecom Hyundai Motor Group becomes KT's largest shareholder

Hyundai Motor Group has officially become the largest shareholder of South Korea's major telecommunications company KT Corp., following a public int...

Banking & Finance Woori Financial launches $75 mn PF restructuring support fund

South Korea's Woori Financial Group has launched a 100 billion won ($74.96 million) project financing (PF) restructuring support fund.This marks the...

IPOs Korea’s Gordon Ramsay accelerates moves for $63 mn IPO

TheBorn Korea Inc., a leading South Korean food and beverage group operated by TV celebrity and chef Paik Jong-won, has accelerated its moves for an...

Airlines Air Premia adopts GE Aerospace's integrated operation solution

South Korea's low-cost carrier Air Premia Inc. said on Tuesday that it implemented integrated software solutions from the US-based aviation engine a...

Automobiles Kia releases 2025 Sorento

South Korea’s second-largest automaker Kia Corp. said on Monday that it released The 2025 Sorento, an updated version of its best-selling mid-...

Automobiles Hyundai Motor releases 2025 Santa Fe

Hyundai Motor Co. said on Tuesday that it released the 2025 Santa Fe, a model year change of its flagship midsize sports utility vehicle (SUV) The A...

Batteries LG Energy looks to battery safety diagnosis software business

LG Energy Solution Ltd., one of the world’s top battery makers, said on Wednesday it is entering the battery safety diagnosis software busines...

Airlines Air Incheon joins Boeing safety operation support program

South Korea's cargo airline Air Incheon announced on Wednesday that it signed an agreement with American aircraft manufacturer Boeing Co. on Tuesd...