LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries

LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries

Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell ...

Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna

Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna

Shinsegae Property, a subsidiary of South Korean retail giant Shinsegae Group, on Tuesday unveiled a 600 billion won ($438 million) investment agree...

Korea Investment & Securities, Capital Group eye product launch in Korea

Korea Investment & Securities, Capital Group eye product launch in Korea

Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., is exploring new offshore funds for individual investors in co...

NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1

NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1

NH Investment & Securities Co. retained its lead in South Korea’s equity capital market (ECM) in the first half, riding a surge in large-s...

LG Energy Solution, Toyota Tsusho launch battery recycling JV in US

LG Energy Solution, Toyota Tsusho launch battery recycling JV in US

LG Energy Solution Ltd. has set up a battery recycling joint venture with Toyota Tsusho Corp. in the US, deepening the South Korean battery giant&rs...

Calls grow for stronger LP oversight in national strategic asset M&As

Calls grow for stronger LP oversight  in national strategic asset M&As

MBK Partners’ takeover attempt of Korea Zinc Inc. has exposed the vulnerability of national strategic assets to private equity ownership, posi...

Affirma Capital to acquire Equis’ Korean waste assets for $294 million

Affirma Capital to acquire Equis’ Korean waste assets for $294 million

Affirma Capital, a Singapore-headquartered buyout private equity firm, has agreed to acquire the entire portfolio of South Korean waste processing a...

Miri Capital closes in on STIC Investments chairman’s stake

Miri Capital closes in on STIC Investments chairman’s stake

Miri Capital Management LLC has steadily raised its stake in STIC Investments Inc., narrowing the ownership gap with the firm’s founder and Ch...

LG Energy cracks China's cylindrical battery market with Chery deal

LG Energy cracks China's cylindrical battery market with Chery deal

LG Energy Solution Ltd. said on Monday it has signed a six-year contract with Chery Automobile Co. to supply 8 gigawatts per hour (GWh) of next-gene...

Seoul, once-rising art hub, feels pinch of global strains  

Seoul, once-rising art hub, feels pinch of global strains  

In Seoul’s Hannam district, the storefront that once housed Various Small Fires (VSF) now sits empty, a “For Rent” sign taped to i...

South Korea’s startup M&A winter deepens capital bottleneck  

South Korea’s startup M&A winter deepens capital bottleneck  

South Korea’s startup M&A winter has deepened as once major investors like conglomerates are prioritizing restructuring over expansion, ch...

LG Energy, Samsung SDI to build 1st US LFP battery plants with GM

LG Energy, Samsung SDI to build 1st US LFP battery plants with GM

In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – LG Energy Solut...

NPS, KIC step up focus on mid-market infrastructure

NPS, KIC step up focus on mid-market infrastructure

The National Pension Service (NPS) and Korea Investment Corp. (KIC) are actively exploring mid-market infrastructure opportunities as they are expec...

Hanwha Q Cells eyes tandem cell mass production in 2027

Hanwha Q Cells eyes tandem cell mass production in 2027

Hanwha Q Cells Co., the solar panel manufacturing unit of South Korea's Hanwha Solutions Corp., is expected to commercialize tandem modules by 2027,...

Korean financial firms launch global IR blitz to woo foreign capital  

Korean financial firms launch global IR blitz to woo foreign capital  

Chiefs of South Korea’s major financial groups – Shinhan, Woori and iM – are ramping up global investor outreach with new sharehol...

KIC discusses post-US tariff infrastructure strategy with pension funds

KIC discusses post-US tariff infrastructure strategy with pension funds

The Korea Investment Corporation (KIC) on Tuesday discussed infrastructure investment opportunities and risks in the wake of the US government&rsquo...

Vietnam, gateway for SK Group’s global renewable energy push

Vietnam, gateway for SK Group’s global renewable energy push

TIEN GIANG, VIETNAM – Off the coast of Vietnam’s Tien Giang Province, 36 wind turbines spin steadily with a constant whoosh and swish, g...

Bain Capital sells 6% stake in Korea’s Classys via block deal for $163 million

Bain Capital sells 6% stake in Korea’s Classys via block deal for $163 million

Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($16...

Seoul-backed K-beauty brands set to make global mark

Seoul-backed K-beauty brands set to make global mark

As Korean beauty products continue to captivate global consumers, five Seoul-based cosmetics and wellness companies are gearing up to penetrate deep...

Shinhan to lead financing for battery storage project in Japan

Shinhan to lead financing for battery storage project in Japan

Shinhan Financial Group will lead 4.9 billion yen ($35 million) in financing for a large-scale battery energy storage system (BESS) construction pro...

Korea not to appeal ruling in favor of Mason Capital in Samsung case

Korea not to appeal ruling in favor of Mason Capital in Samsung case

South Korea said on Friday it has decided not to appeal a Singaporean court’s rejection of its lawsuit to annul an investor-state dispute sett...

US PE firm Miri Capital ups stake in Korea’s STIC Investments

US PE firm Miri Capital ups stake in Korea’s STIC Investments

US private equity firm Miri Capital Management LLC said on Tuesday it has raised its stake in STIC Investments Inc. to step up its shareholder activ...

LG Energy Solution clinches multibillion-dollar ESS deals in Japan, Europe

LG Energy Solution clinches multibillion-dollar ESS deals in Japan, Europe

LG Energy Solution Ltd. has secured a string of billion-dollar energy storage system (ESS) deals in Japan and Europe, outmaneuvering Chinese rivals ...

SK Innovation E&S, JB Financial team up for renewable energy loans

SK Innovation E&S, JB Financial team up for renewable energy loans

JB Financial Group Co., the parent company of Jeonbuk Bank and Gwangju Bank, will join hands with SK Innovation E&S Co. and InnerGen Co. to roll...

POSCO eyes deeper steel, energy ties with global peers

POSCO eyes deeper steel, energy ties with global peers

POSCO Group, South Korea’s steelmaking giant, will further bolster its competitiveness in the global steel market and energy value chains thro...

Hanwha Aerospace slashes planned rights offering size to $1.6 billion

Hanwha Aerospace slashes planned rights offering size to $1.6 billion

Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 tril...

Stay liquid, be selective, look outside US tech, says TCW CEO

Stay liquid, be selective, look outside US tech, says TCW CEO

Global financial markets are facing rising volatility and uncertainty this year as the US stock market rally led by Big Tech is losing steam amid co...

UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte

UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte

UBS Group AG, the frontrunner in South Korea's M&A market last year, retained the top position in the country's buyout advisory market in the fi...

CPPIB invests in Seoul office building for rental housing conversion

CPPIB invests in Seoul office building for rental housing conversion

The Canada Pension Plan Investment Board (CPPIB) and South Korean property developer MGRV have jointly acquired the headquarters of a domestic women...

LG Energy bags 1-GWh ESS battery deal from Poland’s PGE

LG Energy bags 1-GWh ESS battery deal from Poland’s PGE

LG Energy Solution Ltd. will supply 1 gigawatt-hour of energy storage system (ESS) batteries to a state-owned utility company in Poland in a deal ex...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared