NPS to step back from management of Hanjin KAL

NPS to step back from management of Hanjin KAL

National Pension Service (NPS) of South Korea has decided to shift its objective in holding shares of Hanjin KAL Corp., the parent company of Korean...

IGIS, KKR to found JV for real estate investment in Korea

IGIS, KKR to found JV for real estate investment in Korea

US private equity investment giant KKR & Co. and IGIS Asset Management Co., the largest real estate fund manager in South Korea, will set up a j...

Korea consumption, facility investment down in March

Korea consumption, facility investment down in March

South Korea’s consumption and capital expenditures fell last month although production rebounded, government data showed, indicating the momen...

Samsung Asset to list blockchain ETF on Hong Kong Exchange

Samsung Asset to list blockchain ETF on Hong Kong Exchange

Samsung Asset Management Co. is slated to list a blockchain exchange-traded fund on the Hong Kong Exchange (HKEX) in the first half of this year, th...

Koreans' fractional investing craze spreads to cows

Koreans' fractional investing craze spreads to cows

Investment rights for dozens of Korean calves, worth a combined 10 million won ($7,900), sold out within one minute after each of the three investme...

Retail investment amount in startups triples on-year in Q1

Retail investment amount in startups triples on-year in Q1

South Korea’s retail investors are increasingly more bullish in startups than in manufacturing or retail firms. The Ministry of SMEs an...

NH Investment opens London affiliate to ramp up global IB business

NH Investment opens London affiliate to ramp up global IB business

NH Investment & Securities Co. has set up its affiliate incorporated in London, the South Korean major brokerage house announced on April 27. ...

Hyundai opens world's first UAM takeoff, landing area in UK

Hyundai opens world's first UAM takeoff, landing area in UK

South Korea's Hyundai Motor Group has opened the world's first urban air mobility (UAM) takeoff and landing area in central England.Supernal LLC, Hy...

73% of LPs to ramp up global warehouse investment

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...

Carlyle visits Hyundai Glovis seeking measures to boost value

Carlyle visits Hyundai Glovis seeking measures to boost value

The Carlyle Group, a US private equity giant, visited South Korea’s Hyundai Glovis Co. last week to discuss steps to boost the value of the Hy...

Jay Y. Lee absence raises risks for Samsung chip biz

Jay Y. Lee absence raises risks for Samsung chip biz

Samsung Electronics Co. is losing its hegemony in the global semiconductor market as a sustained leadership vacuum has kept the world’s top me...

Korea Post to tap two GPs for global ESG bond ETFs

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...

Golfzon County IPO poised to be another MBK success story

Golfzon County IPO poised to be another MBK success story

Golfzon County Co. is gearing up for an initial public offering, which will offer MBK Partners a chance to exit from its investment in South Korea&r...

Affinity Equity to refinance Serveone to recoup investment

Affinity Equity to refinance Serveone to recoup investment

Affinity Equity Partners is in the process of raising 700 billion won ($565 million) to recapitalize South Korea's Serveone Co. in an attempt to rec...

Kakao Games invests $15 mn in Playable Worlds for global expansion

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...

Samsung to supply chip substrate for Apple’s next-gen M2 processor

Samsung to supply chip substrate for Apple’s next-gen M2 processor

Samsung Electro-Mechanics Co. will supply its semiconductor package substrate to Apple Inc. for the US tech giant’s next-generation M2 process...

KDB resumes global venture IR event in Singapore

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...

South Korean conglomerates race to establish CVCs 

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...

Korea, Lone Star brace for ruling on decade-long dispute

Korea, Lone Star brace for ruling on decade-long dispute

An international arbitrator is set to rule on a decade-long legal tussle between South Korea and Lone Star Funds as early as next month over the US ...

One Store refiles IPO application, changing peer group list

One Store refiles IPO application, changing peer group list

One Store Co., investment firm SK Square Co.'s homegrown app store, is gearing up for an initial public offering to be held in May. The local app st...

Naver emerges as Hanjin KAL’s white knight with stake purchase

Naver emerges as Hanjin KAL’s white knight with stake purchase

South Korea’s online portal giant Naver Corp. has emerged as one of Hanjin KAL Co.'s key friendly shareholders, throwing its clout behind Chai...

Korean firms tapped to buy shoe parts supplier Texon

Korean firms tapped to buy shoe parts supplier Texon

Southeast Asia-focused Navis Capital Partners is tapping South Korean companies and private equity firms to sell Texon, a Hong Kong-based footwear c...

US and German startups funded by Mirae Asset join ranks of unicorns

US and German startups funded by Mirae Asset join ranks of unicorns

Mirae Asset Venture Investment Co. is forecast to rake in more than 400 billion won ($325 million) for its investment in Moloco Inc. Mirae As...

Warehouses pile financial burden on investment firms

Warehouses pile financial burden on investment firms

South Korea’s logistics centers are ramping up the financial pressure on real estate investment firms. Previously a favored property type, i...

Shinhan Card makes strategic investment in car sales platform

Shinhan Card makes strategic investment in car sales platform

South Korea’s Shinhan Financial Group is intensifying its online car sales business through partnerships with online platforms. The group&rs...

US hedge fund urges SK to focus on share buybacks

US hedge fund urges SK to focus on share buybacks

US hedge fund Dalton Investments LLC has urged SK Inc., the holding company of South Korea’s SK Group, to focus more on share buybacks and can...

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...

Korea Post to tap two GPs for global PE secondaries

Korea Post to tap two GPs for global PE secondaries

Korea Post, South Korea's state-run postal service agency, said on April 6 its savings arm will choose two asset managers for two closed-end comming...

Carlyle, Solvay show interest in Korea's PI Advanced

Carlyle, Solvay show interest in Korea's PI Advanced

PI Advanced Materials Co., the world’s largest polyimide (PI) film manufacturer, has drawn about 10 preliminary bidders, including The Carlyle...

IPOs see low offering prices and declining returns in Q1

IPOs see low offering prices and declining returns in Q1

South Korea’s initial public offerings are seeing lackluster investor interest in bookbuildings this year. Drops in some recent public offerin...

Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan