POBA bullish on REITs, real estate debts and senior housing

POBA bullish on REITs, real estate debts and senior housing

South Korea’s Public Officials Benefit Association (POBA) is betting big on real estate investment trusts (REITs) and senior housing in the US...

NPS enjoys 9.2% return as of Q3 on bullish US stocks

NPS enjoys 9.2% return as of Q3 on bullish US stocks

The National Pension Service (NPS), South Korea’s largest institutional investor, reported a preliminary 9.18% return from investments, equiva...

NPS bullish on real estate in low interest era: chairman

NPS bullish on real estate in low interest era: chairman

South Korea’s National Pension Service (NPS) will raise exposure to residential housing and data centers to take advantage of lower interest r...

Artificial intelligence creates DRAM divide between hot sellers, laggards

Artificial intelligence creates DRAM divide between hot sellers, laggards

In recent years, the big buzz across industries has been around the power of artificial intelligence, with some critics raising concerns about AI ex...

Meritz leaves door open for an M&A, to stay shareholder friendly

Meritz leaves door open for an M&A, to stay shareholder friendly

Meritz Financial Group Inc., boasting the fourth-biggest market capitalization among South Korean financial holding companies, will look into an acq...

LG ups ante in AI race with bullish bets on startups

LG ups ante in AI race with bullish bets on startups

LG Group, South Korea’s fourth-largest conglomerate controlling electronics, chemicals, media and service companies, is aggressively raising t...

Samsung’s narrowed Q4 chip losses fuel bullish 2024 outlook

Samsung’s narrowed Q4 chip losses fuel bullish 2024 outlook

Samsung Electronics Co., the world’s largest maker of memory chips, smartphones and TVs, said on Tuesday its chip business losses significantl...

Samsung Electronics’ narrowed Q3 chip losses fuel more bullish outlook

Samsung Electronics’ narrowed Q3 chip losses fuel more bullish outlook

Samsung Electronics Co., the world’s largest maker of memory chips, smartphones and TVs, said on Wednesday it likely posted a 78% drop in it...

Market views turn bullish on Samsung as AI-led chip demand rises

Market views turn bullish on Samsung as AI-led chip demand rises

Views on leading memory chipmaker Samsung Electronics Co. are becoming more bullish as the South Korean tech giant is expected to benefit from a ris...

Korean restaurant startup GFFG raises $23 million in Series A round 

Korean restaurant startup GFFG raises $23 million in Series A round 

South Korean lifestyle hospitality startup Good Food For Good (GFFG) announced Monday that it raised 30 billion won ($23.2 million) in Series A roun...

South Korean firms bullish on hiring developers from India, SE Asia 

South Korean firms bullish on hiring developers from India, SE Asia 

Travel startup Storicity Inc. tried for a year to find a developer in South Korea – to no avail.But when it expanded its search abroad through...

S.Korean conglomerates look to paint future with NFTs

S.Korean conglomerates look to paint future with NFTs

The non-fungible token (NFT) ecosystem has penetrated into mainstream society. NFTs are digital assets that represent objects in the physical world,...

Telecom stocks bullish as foreigners' net purchases increase

Telecom stocks bullish as foreigners' net purchases increase

South Korea’s telecommunication stocks are getting a boost from foreign investors’ net purchases. Telecom shares, which are relatively...

JYP Entertainment stocks skyrocket 70% in three months

JYP Entertainment stocks skyrocket 70% in three months

Shares of JYP Entertainment Inc. have been skyrocketing in recent months. The record label stocks jumped more than 70% from its lowest price point s...

S.Korea’s top securities firms enjoy high returns on fintech investment

S.Korea’s top securities firms enjoy high returns on fintech investment

South Korea’s startups raked in a record amount of investment last year, thanks to the number of unicorns reaching an all-time high.This was n...

Lotte Group’s confectionery and food shares jump 5% on merger news

Lotte Group’s confectionery and food shares jump 5% on merger news

Shares of both Lotte Confectionery and Lotte Food rose more than 5% Thursday on expectations of synergy effects from their upcoming merger. A d...

Korean content shares jump on Beijing’s eased restrictions 

Korean content shares jump on Beijing’s eased restrictions 

South Korean content shares finished Friday’s trade higher, buoyed by expectations of resumed exports to China and news that Disney+ will rele...

K-pop shares rebound on return to offline concerts

K-pop shares rebound on return to offline concerts

Shares of major South Korean entertainment companies are on an upward trend this month. The rebound is thanks to eased COVID-19 restrictions leading...

Time to buy Korean chipmakers; Samsung among 2022 top picks

Time to buy Korean chipmakers; Samsung among 2022 top picks

The year of the tiger will see decent stock price gains in leading chipmakers such as Samsung Electronics Co. and SK Hynix Inc. on expected hypersca...

Kosdaq: Will January effect occur in 2022?

Kosdaq: Will January effect occur in 2022?

South Korea’s tech-heavy Kosdaq index tends to rise every January as many Korean retail investors rush to dump their stocks just before the ex...

Foreigners buy Kospi futures to raise bullish bets on Korea stocks

Foreigners buy Kospi futures to raise bullish bets on Korea stocks

Foreigners bought Kospi 200 futures contracts on “quadruple witching day," the quarterly simultaneous expiration of South Korean options and f...

Homegrown VCs turn to Korean American startups in search of unicorns

Homegrown VCs turn to Korean American startups in search of unicorns

Korean venture capital firms are ramping up their investments in Korean American-owned startups in the United States, mostly in Silicon Valley.The aim...

Kospi to resume rally to fresh high in H1 2022

Kospi to resume rally to fresh high in H1 2022

South Korean stocks are likely to resume rallies in the first half of 2022 with the main Kospi to hit a fresh record high although the local markets...

Samsung works on industry’s first 200-layer NAND as its Q2 profit jumps

Samsung works on industry’s first 200-layer NAND as its Q2 profit jumps

Samsung Electronics Co. has made significant progress in developing a 200-layer vertical or V-NAND flash memory –the industry’s first &n...

Chips, autos set S.Korea’s May export growth at fastest pace in 32 years

 Chips, autos set S.Korea’s May export growth at fastest pace in 32 years

South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...

SK Hynix CEO bullish on memory outlook, eyes $12 billion profit

SK Hynix CEO bullish on memory outlook, eyes $12 billion profit

The chief executive of SK Hynix Inc., the world’s second-largest memory chipmaker, aims to achieve as much as 13 trillion won ($12 billion) in...

K-pop market remains bullish as entertainment shares soar

K-pop market remains bullish as entertainment shares soar

South Korean entertainment giants, SM Entertainment Co, YG Entertainment Inc, and JYP Entertainment Corporation, are sitting pretty as their share pri...

Korea’s demographic shift to single households: Magnet for global real estate giants, investors Yuhan’s lung cancer drug eyes blockbuster sales by 2027 Luxury platform Balaan taps family office AAK as conditional buyer SK Ecoplant set to sell waste and water treatment units to KKR in $1.2 billion deal POSCO, JSW to build 6 million-ton steel plant in India