Defense stocks rally in response to China Xi's speech

South Korean manufacturers of jet fighters, aircraft engines and weapon systems saw their share prices soaring in heavy trade on Monday, powered by ...

Korean corporate bonds suffer from cooling investor sentiment

South Korean corporate bond markets are set to suffer from shrinking liquidity as institutional investors are turning cautious and refraining from m...

SK REIT to raise $266 million via Kospi IPO in second half

SK Inc.’s real estate investment trust (REIT) affiliate plans to raise as much as 300 billion won ($266 million) via an initial public offerin...

GS Group joins race to acquire Korea’s botox maker Hugel

A consortium led by South Korea’s GS Group is in talks to acquire a controlling stake in Hugel Inc., the country’s top maker of botulinu...

HYBE's No.3 investor exits from BTS label in block deal

Seoul-based STIC Investments, the third-largest shareholder in South Korea's HYBE Co., sold its remaining shares in the label behind BTS, in a block...

Samsung Life eyes CPPIB-style stake purchases in GPs

Samsung Life Insurance Co. has drawn attention from South Korean pension and savings funds with its $90 million purchase last month of a stake in Sa...

Korea’s super-rich: How their wealth ballooned during the pandemic

In South Korea, just like any other major economies, the stock market has been a mine of gold even for small investors, who enjoyed hefty gains from...

Art auction sales in Korea soar to highest point since 2008 financial crisis

South Korea’s art market is facing the biggest boom since the global financial crisis, drawing wealthy investors and art enthusiasts alike. Se...

Toss en route to being Korea’s first fintech decacorn; valuation tops $7 bn

South Korea-based mobile financial platform Toss is en route to becoming the country's first fintech decacorn, or a company valued at over $10 billi...

Once resistant, Korean retail investors lend more stocks for short selling

South Korean retail investors, who had largely opposed the regulator’s lifting of the short-selling ban on large-cap stocks from May, are now ...

Korea’s coal power companies squeezed for financing amid ESG fever

South Korea’s coal power companies are facing tighter scrutiny for debt financing as they are increasingly shunned by financial investors amid...

Singapore emerges as new financial hub for S.Korean banks

South Korea’s major banks are rushing to Singapore as the city-state is emerging as a new financial hub in Southeast Asia, replacing the tradi...

Secondary PE deals headed for record year: Pomona Capital

Secondary private equity deals have been the fastest-growing segment of the private equity market for several years and this year, they could exceed...

Kakao becomes 3rd most valuable company in Korea

Kakao Corp. is now the third most valuable company in Korea, after Samsung Electronics Co. and SK Hynix Inc.Kakao’s market cap on June 15 surp...

Hanwha Systems’ $1 bn rights offer oversubscribed; investors to book gains

South Korea’s Hanwha Systems Co. is set for a successful rights offering as the defense and air mobility unit of Hanwha Group has garnered str...

KDB bets big on fintech platform Toss ahead of 2023 IPO

The Korea Development Bank (KDB) has decided to invest 80 billion won ($72 million) in the fintech startup Toss via a rights offering. This marks th...

Samsung returns as foreigners’ top pick; Kospi just shy of record high

Samsung Electronics Co., the bellwether of South Korea’s main bourse, has returned as the market darling, with foreigners buying heavily on th...

Hyundai tops Korean institutions' May buying list

Hyundai Motor became the key beneficiary of South Korean institutional investors' heavy buying on the local bourse this month as the global chip sho...

Korean LPs commit over $200 mn to UK real estate fund

A UK-focused real estate debt fund, managed by New York-based BentallGreenOak, has received a combined £170 million ($241 million) in commitme...

Lotte Rental kicks off $360 mn IPO process, seeks $1.8 bn valuation

South Korea’s leading rental car company Lotte Rental Co. has kicked off an initial public offering process to raise some 400 billion won ($36...

Songs and art: Fractional investing bedazzles millennial investors

Meet Mr. A, born in the '80s and a self-proclaimed "analog person" who enjoys collecting CDs and artbooks of his favorite painters. But recently, Mr...

HiteJinro to export Terra beer to Hong Kong, Singapore, US

South Korea’s record-breaking Terra beer will begin exports to Hong Kong this month, and to Singapore and the United States from the latter ha...

Korean investors in renewed push for global property deals

South Korea's IGIS Asset Management Co. and Hana Financial Investment Co. have acquired a 49% stake in the headquarters of the US mortgage lender Fa...

Hong Ra-hee: Chief architect of Samsung Group’s art initiative

Samsung Group founder Lee Byung-chul was known to be one of the most avid collectors of Korean antiques. Among his vast collection of priceless cult...

SK IE Tech IPO draws record-high demand; brokerage servers down briefly

SK IE Technology Co. (SKIET), the battery materials subsidiary of SK Innovation Co., has set a new record for initial public offering demand, briefl...

Fashion platforms for MZers attract investors; valuations surge

Fashion e-commerce platforms that have become mainstream shopping venues for millennials and Generation Z, or MZers, are seeing their valuations sur...

Chinese investors enjoy bitcoin arbitrage gains on Kimchi Premium

Chinese investors trading in digital assets such as bitcoin are reaping decent arbitrage gains in South Korea as the so-called Kimchi Premium has re...

Korea's global real estate fund investors brace for losses

The combined balance of overseas real estate investment funds sold in South Korea saw a drop in their net asset value below the original value by 40...

Proxy advisers ISS, Glass Lewis urge LG shareholders to reject spin-off plan

Proxy advisers Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. have urged shareholders of LG Corp. to vote against the South...

SK Bioscience IPO draws record-high demand from retail investors

South Korean vaccine maker SK Bioscience Co. has set a new record for initial public offering demand, raising around 63.6 trillion won ($56 billio...