Korea to reform FX market to join MSCI developed markets

South Korea is set to reform the local currency market as the country aims to reach MSCI Inc.’s developed market status for its domestic stock...

Corporates raise record-high $193 bn via stakes, bonds in 2021

Korean companies raised capital of 231.5 trillion won ($193.2 billion) through stock and bond issuance in the domestic market in 2021, according t...

IGIS, Shinhan post 70% return a year from Amazon warehouse sale

A Korean consortium led by IGIS Asset Management Co. and Shinhan Global Investment Banking (GIB) has signed a contract with a US asset manager to se...

Megazone Cloud to attract up to $336 mn for 2023 IPO

Megazone Cloud Corp., a leading cloud service provider and the first Korean business partner of Amazon Web Service (AWS), plans to attract 300 billi...

Vegan foodmaker Organica attracts funding from China's CITIC

Plant-based food company Organica Corp. has attracted investment from China’s alternative investment firm CITIC Capital Holdings Ltd. This mar...

SK Networks invests $20 mn in vegan leather producer

SK Networks Co. announced Friday it has invested $20 million in California-based biotech startup MycoWorks. The general trading arm of South ...

GS launches corporate VC firm

GS announced the establishment of a corporate venture capital (CVC) firm Sunday, the first of its kind for a holding company in Korea. The announcem...

Foreigners’ Korean stockholdings soar 180-fold in 30 years

Foreign investors ramped up their holdings of South Korean stocks 180 times in 30 years, increasing influence in the local financial markets and dom...

SK Square injects $29.5 million into agriculture startup

Korean investment firm SK Square Co. Ltd. has invested approximately 35 billion won ($29.5 million) into homegrown agriculture tech startup Greeln...

EQT chairman sees technology and services as attractive sectors in Korea

High price tags of target companies can be justified if you understand long-term trends of the industry and have expertise in the sectors, Conni Jon...

Year-end inflow to Korean main bourse sign of foreigner comeback?

Foreign investors are poised to extend their buying spree in South Korea’s main stock market to a sixth straight session, spurring hopes for t...

Korea Inc 2021: Year of record M&As, tie-ups and spin-offs

South Korea’s corporate sector has seen record deals through mergers and acquisitions, tie-ups and spin-offs this year, as big companies and s...

POSCO mulls holding company structure to raise enterprise value

South Korea's largest steelmaker POSCO is considering splitting up the company to launch an investment holding firm as part of efforts to enhan...

Market Kurly raises $200 mn at over $3 bn valuation

Kurly Inc., an operator of South Korea's online grocery delivery service Market Kurly, has raised 250 billion won ($212 million) in pre-IPO funding ...

Hyundai named Top Gear’s carmaker of the year; i20 N car of the year

Hyundai Motor Co. has been named the 2021 manufacturer of the year by BBC Top Gear, a prestigious British auto magazine, in recognition of the South...

Gaming platform Planetarium attracts $42 mn, valued at $293 mn

South Korea’s non-fungible token (NFT)-based open source gaming platform Planetarium, under Nine Corp. Inc., is slated to attract around 50 ...

Sustainable packaging firm SUPASO wins grant, office space via D.DAY event

D.CAMP, Korea’s non-profit foundation focused on helping young entrepreneurs, has joined forces with SK ecoplant Co., Ltd. to find promising...

EQT doubles down on sustainability and digitalization to fuel returns

With higher energy prices, creeping inflation and strained supply chains just a few of the headwinds to future economic growth, investors may find i...

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...

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...

Pulmuone to expand alternative meat business in the US

South Korea’s major food company Pulmuone. Co. is slated to expand sales of its in-house developed meat alternatives in the US market. The foo...

NPS selects four Korean VCs to invest 150 bn won

The National Pension Service (NPS) of South Korea said on Nov. 9 it has selected the venture capital firms that will entrust the pension fund&rsqu...

Real estate investment head resigns from KIC

The head of real estate investment at Korea Investment Corporation (KIC) has resigned from the South Korean sovereign wealth fund. Cha Hoon, appoint...

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...

[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...

[ASK 2021] Attractive Opportunity to Invest in Sustainable Nordic Infrastructure

CapMan is a leading Nordic private asset expert with an active approach to value creation. As one of the Nordic private equity pionee...

NPS makes new commitments worth $17 bn in private sector every year

South Korea's National Pension Service (NPS) plans to keep increasing private equity investment for mid- to-long term asset allocation, Choe Hyung D...

KTCU seeks new GPs skilled in raising corporate value

Korean Teachers’ Credit Union (KTCU) will seek out general partners (GPs) that have expertise in corporate workouts, add-on investments and a ...

Hyundai Motor swings to profit in Q3 on Genesis, SUVs

Hyundai Motor Co. South Korea’s top automaker, turned to an operating profit in the third quarter on strong sales of the premium Genesis model...

Samsung, SK Hynix to pay corporate taxes to foreign countries

South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...