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Korean retailers scale back on Southeast Asian operations

Korean retailers scale back on Southeast Asian operations

South Korea's top three retail groups -- Lotte, Shinsegae and GS -- are struggling with increased losses in the Southeast Asian market, once believe...

Mirae Asset Global Investments posts record-high Q1-Q3 net profit

Mirae Asset Global Investments posts record-high Q1-Q3 net profit

Mirae Asset Global Investments Co. announced on Nov. 15 that its operating profit and net profit for the first three quarters came in at 312.4 bil...

Global carmakers deliver unfinished cars due to chip shortage

Global carmakers deliver unfinished cars due to chip shortage

Global carmakers are now delivering unfinished cars, or vehicles without popular convenience features such as USB ports, to appease customers runnin...

Amazon poised for Fire tablet launch in Korea next year

Amazon poised for Fire tablet launch in Korea next year

Amazon, the world’s largest online shopping mall, is set to release its own Fire tablets in South Korea from as early as next year, penetratin...

Urea crisis lays bare South Korea’s heavy dependence on China

Urea crisis lays bare South Korea’s heavy dependence on China

The diesel exhaust fluid crisis hitting South Korea across various industries lays bare the supply chain vulnerability of the country, which has hea...

Korean Air surprises market with highest quarterly profit in 5 years

Korean Air surprises market with highest quarterly profit in 5 years

Korean Air Lines Co. (KAL) surprised the market on Friday by posting its highest third-quarter operating profit in five years, boosted by strong dem...

Korean auto parts makers call for govt financial support

Korean auto parts makers call for govt financial support

Representatives of South Korean auto parts makers on Friday called on the government to increase their financial support of the sector, including ta...

Seoul commits $204 mn to attract foreign-invested firms by 2026

Seoul commits $204 mn to attract foreign-invested firms by 2026

Foreign-invested enterprises (FIEs) to be set up in Seoul, South Korea from 2022 will receive increased incentives and reduction in office rent, acc...

SK to invest $340 mn in Vietnam’s major retail platform The CrownX

SK to invest $340 mn in Vietnam’s major retail platform The CrownX

South Korea’s conglomerate SK Group said on Nov. 11 that it agreed to invest $340 million in The CrownX, a retail platform of Masan Group Corp...

POSCO Chem's rise from brickworks to EV materials leader

POSCO Chem's rise from brickworks to EV materials leader

POHANG, South Korea - When POSCO Chemical Co., better known as a refractory brick manufacturer until the early 1990s, announced its entry into the a...

DearU’s value nears YG Entertainment after strong Kosdaq debut

 DearU’s value nears YG Entertainment after strong Kosdaq debut

Shares of DearU Co., a K-pop fandom platform in South Korea, fell on Thursday, the day after a strong Kosdaq debut, which briefly put the company&...

HMM rakes in record quarterly profits on higher freight rates

HMM rakes in record quarterly profits on higher freight rates

HMM Co., South Korea’s largest container line, posted fresh record sales and profits in the third quarter, boosted by higher freight rates and...

Citibank's exit from Korean retail market to cost up to $1.5 bn

Citibank's exit from Korean retail market to cost up to $1.5 bn

Citigroup Inc. said on Monday its exit from South Korea's retail market was expected to cost between $1.2 billion and $1.5 billion, most of which wo...

Data Republic creates AI-based crypto investment solution

Data Republic creates AI-based crypto investment solution

South Korean startup Data Republic is pioneering a smart way of investing for global cryptocurrency investors. Founded in 2018, the company has ra...

MBK seeks to buy two S.Korean e-commerce platforms

MBK seeks to buy two S.Korean e-commerce platforms

MBK Partners is in talks to buy management rights of two e-commerce platforms listed on South Korea's Kosdaq market in a package deal, according to ...

Global supply crisis endangers S.Korea’s manufacturers

Global supply crisis endangers S.Korea’s manufacturers

A South Korean electric equipment maker has decided not to seek any new orders as a spike in prices of commodities such as copper and supply disrupt...

Dongkuk eyes $1.7 billion sales from color steel business in 2030

Dongkuk eyes $1.7 billion sales from color steel business in 2030

Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, said on Monday that it aims to grow its color coated steel business to 2 trill...

[ASK 2021] European NPL market growth creates investment opportunities  

[ASK 2021] European NPL market growth creates investment opportunities  

Global asset managers will see great opportunities in the European non-performing loan market amid challenges facing the EU banking industry, such...

Korea’s Netmarble Neo drops listing plan as sentiment sours

Korea’s Netmarble Neo drops listing plan as sentiment sours

South Korea’s game developer Netmarble Neo decided to withdraw its initial public offering plan as sentiment in the primary market sours amid ...

Korean apparel retailer F&F returns as market darling after relisting

Korean apparel retailer F&F returns as market darling after relisting

South Korean outdoor clothing retailer F&F Co. has returned as one of the most coveted stocks on the main bourse, with its share price nearly tr...

Jeju as Korea's new shopping mecca: Shinsegae's task ahead

Jeju as Korea's new shopping mecca: Shinsegae's task ahead

Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...

Teachers' Pension to sharply up direct global stock investment

Teachers' Pension to sharply up direct global stock investment

The Teachers' Pension in South Korea has started direct investment in overseas stock markets this year and will further increase direct management t...

[ASK 2021] Infra Debt Key Market Trends in a Post-Covid Environment

[ASK 2021] Infra Debt Key Market Trends in a Post-Covid Environment

Infra Debt Key Market Trends in a Post-Covid Environment Climate impact investing and digital infra Benefits of integrating ESG i...

[ASK 2021] The European Private Debt Market: Tips and Guidance

[ASK 2021] The European Private Debt Market: Tips and Guidance

Created in 2004, CAPZA is an established European private investment platform offering custom made financing solutions to small and m...

[ASK2021] Middle Market Direct Lending & Market Outlook

[ASK2021] Middle Market Direct Lending & Market Outlook

Monroe Capital LLC (“Monroe”) is a premier boutique asset management firm specializing in private credit markets across v...

AI human developer MINDs Lab aims for November IPO

AI human developer MINDs Lab aims for November IPO

South Korea’s top artificial intelligence (AI) developer MINDs Lab Inc. is aiming to list on the Kosdaq market within this month. While the ...

Supergene looks well beyond smash hit instant game OMG

Supergene looks well beyond smash hit instant game OMG

Commanding more than 100 million users for a South Korean Internet social service or a mobile game is uncommon even among industry leaders.Naver Cor...

Specialty coffee brand Terarosa raises $60 mn from Unison Capital

Specialty coffee brand Terarosa raises $60 mn from Unison Capital

The operator of Terarosa, known as the Blue Bottle Coffee of South Korea, has received around 70 billion won ($60 million) in funding from Unison Ca...

[ASK 2021] CLO Market Insights - Resilience and Growth across Credit Cycles

[ASK 2021] CLO Market Insights - Resilience and Growth across Credit Cycles

Founded in 2006, Vibrant Capital Partners is a leading alternative credit investment manager. The firm is majority owned by active partners and ...

NPS posts near 10% IRR as of end-Aug, riding exit market boom

NPS posts near 10% IRR as of end-Aug, riding exit market boom

The National Pension Service (NPS) has achieved an average 9.65% return on investments as of the end of August, driven by overseas equity divestment...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

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