Economy
Finance
Hyundai MARINE & FIRE INSURANCE CO.,LTD Breaks Ground on ‘I-Maum Playground’ in Yeongdeungpo… Scheduled for Completion in March Next Year
Hyundai MARINE & FIRE INSURANCE CO.,LTD(001450)is creating a community space for children and caregivers in Yeongdeungpo, Seoul. The initiative aims to foster mutual growth with the local community by…
Business·Industry
SK On Secures 160 Billion Won Worth of LFP Cathode Material from L&F… Strengthens ESS Supply Chain
SK On will procure 160 billion won worth of lithium iron phosphate (LFP) cathode materials from L&F. The company plans to accelerate its expansion into the energy storage system (ESS) markets in South…
M&A·IB
AI Transforms the Investment Landscape… Climate Tech Investments Also Enter a Phase of Selective Screening
“It takes at least 10 years for climate tech investments to bear fruit, but that’s not easy in Korea, where 8-year funds are common. Still, investment is currently trending toward sectors that incorpo…
Business·Industry
Samsung AI Forum Marks Its 10th Anniversary… Invites OpenAI and AWS to Discuss Agent-Based AI
The Samsung AI Forum, now in its 10th year, will be held on the 30th at the Seocho headquarters in Seoul. This year’s keynote speakers will include Richard Ho, Head of Hardware at OpenAI, and David Gr…
Macroeconomics
Will the Bank of Korea Raise Interest Rates One More Time by Year-End?… Upper Bound May Rise
As the U.S. Federal Reserve (Fed) moves to raise its benchmark interest rate, expectations of “higher for longer” are gaining traction both within and outside the market. The same is true for South Ko…
M&A·IB
Mom’s Touch Makes Another Bid for Sale, Preliminary Bidding Set for End of This Month… “1 Trillion Won Valuation” Put to the Test [Market In]
The sale of Mom’s Touch is set to get underway with a preliminary bidding round at the end of this month. While the sellers are hoping for a price of around 1 trillion won, attention is focused on the…
Business·Industry
Hanwha’s Changwon Plant, Which Started with Armored Vehicles… Now a Hub for Unmanned Combat Systems After About 40 Years [Report]
On the 14th, I visited Hanwha Aerospace’s Changwon Plant No. 2 in Changwon, South Gyeongsang Province. The site covers approximately 60,000 pyeong, equivalent to about 30 soccer fields. Opened in 1984…
Business·Industry
LGELECTRONICS’ Life’s Good Volunteer Corps Shares Warmth Ahead of Chuseok
LGELECTRONICS employees shared the warmth of the holiday by preparing Chuseok meals with people with disabilities using funds raised by reducing the number of side dishes served in the employee cafete…
Business·Industry
LG Corp.’s Koo Kwang-mo: “AI Is Key to the Future… We Must Demonstrate Relentless Execution to Win”
LG Corp. Chairman Koo Kwang-mo emphasized, “Artificial intelligence (AI) is no longer an area where we can respond selectively; it is a core pillar that will determine our future competitiveness.” He …
M&A·IB
[Event] A Glimpse into the Future of Tokenized Securities: STO Summit 2026
As South Korea’s security token offering (STO) market prepares to fully take off following its institutionalization, key figures from the global STO and RWA (real-world asset tokenization) markets are…