Citigrou Global Markets
Scope
Date
~
-
Korean Investors
73% of LPs to ramp up global warehouse investment
Key asset owners of South Korea are eyeing logistics centers and multifamily housing for real estate investing while planning to reduce exposure to ho...
Apr 26, 2022 (Gmt+09:00)
-
Korean SMEs
S.Korean boiler manufacturers turn to overseas markets
Kyungdong Navien Co. revealed on Sunday that overseas sales account for more than 60% of its total sales on the back of strong exports to the United...
Apr 25, 2022 (Gmt+09:00)
-
Korean stock market
Korea reiterates reform plans to join MSCI developed markets
South Korea’s Finance Minister Hong Nam-ki reiterated the country will take reform measures such as the extension of the local currency's trad...
Apr 25, 2022 (Gmt+09:00)
-
Steel
Korea steelmakers see risks from carbon, supply issues
The South Korean steel industry’s top executives are anticipating a perfect storm amid the global push for carbon neutrality and supply chain ...
Apr 22, 2022 (Gmt+09:00)
language -
RFPs
Korea Post to tap two GPs for global ESG bond ETFs
Korea Post, South Korea's state-run postal service agency, said on April 21 that its insurance arm will select a maximum of two asset managers for...
Apr 22, 2022 (Gmt+09:00)
-
Mergers & Acquisitions
COVID test kit maker SD Biosensor buys Italian medical device firm
SD Biosensor Inc., South Korea’s top manufacturer of COVID-19 test kits, said on Friday that it has signed a deal to purchase a 100% stake i...
Apr 22, 2022 (Gmt+09:00)
-
Korean games
Kakao Games invests $15 mn in Playable Worlds for global expansion
Kakao Games Corp., a game publishing unit of Korea’s web service giant Kakao Corp., has invested $15 million in US game studio Playable Worlds...
Apr 22, 2022 (Gmt+09:00)
-
Earnings
Naver to cut costs for profitability after disappointing Q1
Naver Corp., South Korea’s dominant online platform, will focus on cutting costs and reducing new hiring to improve profitability as its disap...
Apr 21, 2022 (Gmt+09:00)
-
Venture capital
KDB resumes global venture IR event in Singapore
South Korea’s state-run Korea Development Bank (KDB) said on Thursday that KDB NextRound, the bank’s venture investment platform, will h...
Apr 21, 2022 (Gmt+09:00)
-
Beauty & Cosmetics
Cosmax strengthens eco-friendly marketing in Southeast Asia
Cosmax Inc., a major South Korean original design manufacturer (ODM) for L'Oréal and other global cosmetics giants, is strengthening its ma...
Apr 21, 2022 (Gmt+09:00)
-
Korean startups
Fortune-telling app receives $4 mn in Altos Ventures-led Series A funding
Chunmyung and Company, the operator of its namesake fortune-telling app, announced on Tuesday it has secured Series A funding worth five billion w...
Apr 19, 2022 (Gmt+09:00)
-
Corporate governance
Global pension funds veto more of Korean firms' agendas
Global pension funds are expanding their influence as key shareholders of major companies in South Korea. Some of the world’s largest pensio...
Apr 19, 2022 (Gmt+09:00)
-
Venture capital
South Korean conglomerates race to establish CVCs
One after another, South Korea’s household name conglomerates are establishing corporate venture capital (CVC) firms under their holding compa...
Apr 19, 2022 (Gmt+09:00)
language -
Metaverse
Hyundai Motor enters metaverse sphere in tie-up with Meta Kongz
South Korea’s top automaker Hyundai Motor Co. has announced its foray into the non-fungible token market in partnership with Meta Kongz, an NF...
Apr 19, 2022 (Gmt+09:00)
-
Automobiles
SUV, minivan sales reach 52% of car market in Q1
Sales of leisure vehicles in South Korea, primarily sport utility vehicles (SUVs) and minivans, exceeded half of domestic finished car sales in the ...
Apr 18, 2022 (Gmt+09:00)
-
Shipping & Shipbuilding
Korea shipbuilders shine in cloudy stock market on strong orders
South Korean shipbuilders’ shares stood high in the subdued local stock market as strong order books stoked predictions of earnings improvemen...
Apr 18, 2022 (Gmt+09:00)
-
Bio & Pharma
SK's biotech bets step closer to commercialization
Biotechnology startups in Europe, backed by South Korea's SK Inc., are speeding up their development of next-generation drug candidates by joining h...
Apr 15, 2022 (Gmt+09:00)
-
Electric vehicles
IONIQ 5 emerges as EV game changer with industry accolades
NEW YORK – Hyundai Motor Co.'s all-electric IONIQ 5 crossover has been named the World Car of the Year following a series of recent indus...
Apr 14, 2022 (Gmt+09:00)
-
Pension funds
Korea Post to hire two GPs for global infrastructure debt
Korea Post, South Korea's state-run postal service agency, said on April 14 that its insurance arm will select two asset managers for a maxi...
Apr 14, 2022 (Gmt+09:00)
-
Korean stock market
Auto shares bounce back with foreigners' net buying
South Korean auto shares are showing some signs of a rebound after a long downtrend since the second half of last year. Foreign investors have ret...
Apr 14, 2022 (Gmt+09:00)
-
Entertainment
Kakao Entertainment sets up content ecosystem with M&As
Kakao Entertainment Corp., a unit of South Korea’s top mobile messenger app operator, has established its own content ecosystem including crea...
Apr 14, 2022 (Gmt+09:00)
-
Metaverse
SK Telecom steps up metaverse push with Morph Interactive purchase
SK Telecom Co., South Korea’s top mobile carrier, has made an equity investment in Morph Interactive Co., a local three-dimensional graphics c...
Apr 14, 2022 (Gmt+09:00)
-
Tech, Media & Telecom
Naver aims to attract 1 bn users via active M&As by 2027
Naver Corp. vows to attract 1 billion users around the world and generate 15 trillion won ($12.2 billion) in five years. Only FAANG companies...
Apr 13, 2022 (Gmt+09:00)
-
Bio & Pharma
FDA to review Hanmi Pharmaceutical’s Rolontis for marketing approval
The US Food and Drug Administration has begun reviewing a medicine developed by South Korea’s Hanmi Pharmaceutical Co. for marketing authoriza...
Apr 13, 2022 (Gmt+09:00)
-
Electric vehicles
Hyundai to tackle EV rivals head on at New York auto show
NEW YORK – Hyundai Motor Co. and its affiliate Kia Corp. are set to fully unveil their redesigned vehicles at the upcoming New York Auto Show ...
Apr 12, 2022 (Gmt+09:00)
-
Alternative investments
High conviction in private credit for a global portfolio
It seems as though the list of risks to investors is rising. Supply chain imbalances, higher raw material costs, rising interest rates, labor shortage...
Apr 12, 2022 (Gmt+09:00)
-
Webtoons
South Korean comics platforms dominate global top 10
Six manhwa platforms operated by South Korea’s tech juggernauts rank among the top 10 paid digital comics platforms worldwide. Manhwa is ...
Apr 12, 2022 (Gmt+09:00)
-
Mergers & Acquisitions
E-Mart to join buyout of Korean meat importer
E-Mart Inc., South Korea’s retail giant Shinsegae Inc.’s supermarket chain, is slated to participate in IGIS Investment Partner’s ...
Apr 11, 2022 (Gmt+09:00)
-
Webtoons
Naver Webtoon to release three DC comics series from May
Naver Webtoon Ltd., the digital comics platform of South Korea’s online portal giant Naver Corp., is slated to intensify its partnership with ...
Apr 08, 2022 (Gmt+09:00)
-
Earnings
LG Energy Q1 profit beats forecast on strong demand, price hikes
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, reported a lower-than-expected decline in quarterly profit...
Apr 07, 2022 (Gmt+09:00)