IMM Credit closes $700 mn blind credit fund backed by NPS

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...

Hyundai Mobis aims to expand non-captive sales to 40% as it goes global

Hyundai Mobis aims to expand non-captive sales to 40% as it goes global

South Korea’s top auto parts maker Hyundai Mobis Co. on Tuesday said it aims to boost non-Hyundai Motor Group affiliate sales to 40% of its to...

SK Ecoplant to supply fuel cells to Irish data centers

SK Ecoplant to supply fuel cells to Irish data centers

SK Ecoplant Co., a South Korean construction engineering and waste management firm, plans to provide solid oxide fuel cells (SOFC) to Irish power ge...

SK Group commemorates chairman's 25th year since inauguration

SK Group commemorates chairman's 25th year since inauguration

SK Group, South Korea’s No. 2 conglomerate, will commemorate the 25th anniversary of Chey Tae-won’s inauguration as chairman on Sept. 1....

SCM Lifescience kicks off anti-hair loss product exports to SE Asia

SCM Lifescience kicks off anti-hair loss product exports to SE Asia

South Korea’s stem cell tech company SCM Lifescience on Wednesday said it has started full-scale exports to Southeast Asia of its hair loss ca...

Jay Y. Lee inaugurated as chairman of Samsung Electronics

Jay Y. Lee inaugurated as chairman of Samsung Electronics

Samsung Electronics Co.'s leader Jay Y. Lee was promoted as the company's chairman on Oct. 27.Samsung Electronics' board of directors approved the a...

KKR closes Asia's largest credit fund at $1.1 bn

KKR closes Asia's largest credit fund at $1.1 bn

KKR & Co. on Wednesday announced the final close of its first Asia credit fund at $1.1 billion, the largest such fund focused on Asia.The privat...

South Korea’s new president offers Pyongyang economic aid for denuclearization

South Korea’s new president offers Pyongyang economic aid for denuclearization

SEOUL—South Korea’s new president said he would keep the door open for dialogue with North Korea and provide support for its fragile econo...

Halla’s autonomous driving unit HL Klemove eyes $3.4 bn sales by 2030

Halla’s autonomous driving unit HL Klemove eyes $3.4 bn sales by 2030

Halla Group’s newly-launched autonomous driving solutions subsidiary HL Klemove targets 4 trillion won ($3.4 billion) in revenue by 2030 by ac...

Hyundai-led autonomous industry association to launch in October

Hyundai-led autonomous industry association to launch in October

South Korea’s leading mobility company Hyundai Mobis Co. will be heading the country’s new industry association of autonomous driving ma...

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