IMM Credit closes $700 mn blind credit fund backed by NPS
IMM Credit & Solutions Inc. (ICS), the private credit unit of South Korea’s major investment firm IMM Holdings Inc., has raised nearly 1 t...
Seoul’s prime office transactions rise 6% in Q1 despite weak sentiment
Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter,...
Glenwood PE to increase blind fund to $1 bn on pension funds’ interest
South Korea’s Glenwood Private Equity Co. is set to increase a blind fund to 1.5 trillion won ($1 billion) as pension funds at home and abroad...
Glenwood Credit stresses role as reliable financial partner: CEO Lee
Many companies, big and small, sell or buy affiliated units to raise funds or narrow their focus during economic downturns, and to fund expansion or...
Korea’s Shinsegae chairman dines with Trump at Mar-a-Lago
Chung Yong-jin, the chairman of South Korea’s retail giant Shinsegae Group, held talks with US President-elect Donald Trump, becoming Korea's ...
Asan Nanum to offer Silicon Valley residence to Korean startups
The Asan Nanum Foundation, a South Korean startup accelerator program operator, said on Thursday it will open a residency space for Korean venture f...
QCells wins 2GW solar panel deal for US community solar farms
Hanwha Q Cell Co., better known as QCells in overseas markets, has signed a solar panel supply and partnership agreement for energy storage system (...
HYBE accelerates transition into platform company
HYBE Co. is accelerating its push to transform into a platform company as it prepares to launch a new digital fan community platform. This platform ...
Kakao joins open-source community AI Alliance
Kakao Corp. announced on Friday that it joined the global open-source community The AI Alliance to support AI research and development.Established i...
JPMorgan Chase’s growth driver: offline community branches
NEW YORK -- Global banking giant JPMorgan Chase & Co. has been expanding brick-and-mortar branches across the US with investments of billions of...
Seoul City, Cyber Vally to support AI startups for overseas expansion
Seoul City announced on Tuesday that it will collaborate with Cyber Valley GmbH, Europe's largest artificial intelligence (AI) research consortium, ...
SK, Hyundai Motor's US JV, named Georgia's Deal of Year
South Korea’s battery maker SK On and Hyundai Motor Group's joint battery project in Georgia, the US, was awarded the "Deal of the Year 2023 i...
Naver Band surpasses 5 million MAU in US
South Korea’s Naver Corp. announced Thursday the monthly active user (MAU) of its community social networking platform Naver Band surpassed 5 ...
Hyundai, Kia to launch solution for mobility impaired in Singapore
South Korea's Hyundai Motor Co. and Kia Corp. are extending their Universal Mobility Project to Singapore with a new initiative aimed at aiding the ...
Road near SK On’s US plant in Georgia named SK Blvd
South Korean battery maker SK On announced on Thursday that a road near its US corporation, SK Battery America's (SKBA) site, has been renamed "SK...
Blind recognized as one of Time100 Most Influential Companies 2023
Blind, the renowned online forum for verified but anonymous professionals, has been included on the esteemed Time100 Most Influential Companies list...
SPC supports vulnerable communities in New York
South Korea's major food company SPC Group has taken steps to improve its brand image in the United States by offering baking training and food dona...
Hanwha inks largest supply deal for US community solar biz
South Korea’s Hanwha Solutions Corp. is set to sell 2.5 million modules to US community solar programs through the largest-ever supply deal fo...
Blind revamps job matching service to rival LinkedIn
Teamblind Inc., the developer of South Korea’s homegrown anonymous professional community app Blind, will reach out to a broader job-seeking p...
Muzlive showcases KiT albums of Blackpink, Jason Mraz
LAS VEGAS – South Korean media platform startup Muzlive Inc. showcased KiTs of K-pop girl group Blackpink, singer-songwriter Jason Mraz and ot...
CU to introduce shopping platform on metaverse
Convenience store chain CU said on Thursday that it would introduce a meta-commerce service where online business activities take place on the met...
Korean American women leaders in finance stress finding joy in work
NEW YORK – One by one, impeccably dressed Korean American women flocked into the Anchorage Capital Group’s headquarters in New York City...
Hahn & Co. to sell off Korea's major biofuel maker SK Eco Prime
South Korean private equity firm Hahn & Company is set to put a 100% stake in biofuel manufacturer SK Eco Prime on sale, with Goldman Sachs as a...
Naver to buy Poshmark at $1.6 bn to boost US e-commerce biz
Naver Corp. is set to take over US Poshmark Inc. for some $1.6 billion to make inroads into the e-commerce sector in North America as South Korea&rs...
S.Korean firms adopt the x-to-earn model for data, community building
South Korean companies are embracing the x-to-earn (X2E) business model, by which users earn rewards by playing online games and accomplishing other...
LG Elec. launches 'online playground' for Gram laptop users
In a bid to bolster its fan base, LG Electronics Inc. has launched an online community dedicated to users of its LG Gram laptops. The digital s...
Hyundai Motor enters metaverse sphere in tie-up with Meta Kongz
South Korea’s top automaker Hyundai Motor Co. has announced its foray into the non-fungible token market in partnership with Meta Kongz, an NF...
Lotte seeks first-mover advantage in senior market
South Korea's Lotte Group will build a luxury residential town for retirees in Seoul by 2025 to plunge into the senior housing market.Lotte Hotels a...
Hyundai Investments buys office building in Brussels
South Korean asset manager Hyundai Investments Co., fully owned by Hyundai Marine & Fire Insurance Co., has said it acquired a Brussels-based ...
Blind pool funds eclipse project funds for Korean asset managers
A growing number of South Korean asset management firms are preparing to launch their own blind pool funds for global real estate investments, which...
