Search results for National Growth Fund
Finance
KB Financial, BS Group to cooperate on productive finance for renewables, AI data centres
KB Financial Group will work with BS Group to jointly identify projects and expand financial support in future growth areas including renewable energy, energy infrastructure and AI data centres. The companies signed a memorandum of understanding on expanding productive finance and shared growth. They plan to combine expertise in finance and industry to develop business opportunities and build a strategic cooperation framework, and to run working-level consultative bodies by sector to find concrete projects.
Finance
Finance network separation rules eased, fueling 140 trillion won fintech investment
South Korea\'s financial authorities expanded the scope of eased network separation rules for AI use to secondary financial institutions and electronic financial business operators. The number of firms to be selected rises to as many as 15, and eligibility thresholds are lowered. Selected institutions can use external AI and security SaaS after putting alternative controls in place. Industry expectations are mixed, with some firms cautious. Global fintech investment rose to $103.1 billion in the first half, with focus expected to shift to AI and financial infrastructure.
Finance
IPO market stirs as duplicate listing ban takes effect, investor sentiment still weak
More than a month after South Korea began enforcing guidelines that ban duplicate listings in principle while allowing exceptions, some long-delayed listing reviews have resumed and IPO supply in September is expected to increase. Investor appetite for IPOs remains weak, with most newly listed firms in August trading below their offer prices. New rules impose duties on parent boards and require subsidiary independence, while market watchers cite softer demand in bookbuilding and subscriptions.
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Finance
FSC sets 9.24 trillion won budget for 2027, focusing on national growth fund and financial support for low-income people
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Finance
ISA revamp plan under review after reconsideration, compared with advanced financial countries
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Industry
L&F Plus ships first trial output from South Korea\'s first LFP cathode mass production line
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Industry
LG Display secures 1.5 trillion won from National Growth Fund, to invest 3 trillion won in OLED
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AI & Enterprise
Public-private AI DC Alliance launched to push national strategic industry drive
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Industry
L&F signs LFP cathode supply deal with U.S. defense battery firm Coreshell
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Finance
KB Financial to expand investment in advanced industries with 150 billion won unicorn fund
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Industry
Moving fabs alone may not make South Korea\'s semiconductor relocation work, MPE ecosystem key
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Finance
PG firms team up to block fraudulent payments, rate hike fallout in focus
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Finance
Semiconductor and Middle East risks overly priced in, KOSPI 6,000 seen as bottom
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Finance
Financial watchdog to revamp bank CEO renewal process, expand National Growth Fund to 200 trillion won
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Finance
Financial Services Commission to expand national growth fund to 200 trillion won, push KOSDAQ reform
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AI & Enterprise
Government steps up drive for physical AI full stack localisation
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Finance
Financial Services Commission, industry ministry to grow physical AI firms with National Growth Fund
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Finance
Kosdaq at 30: government and exchange to weed out troubled firms and grow innovators