S.Korea's share issues set to hit fresh high of $17 bn by year-end

Credit crunch concerns from the early days of the COVID-19 outbreak seem long ago as South Korea-based companies' capital raising nears an all-time ...

NPS set to up pressure on spicy Korean ramen exporter

The National Pension Service has signaled a possible exercise of shareholder rights against South Korea’s No. 3 instant noodle maker Samyang Foo...

Why Lee set fire to over 150,000 mobile phones

This is the first of a four-part series that will delve into Chairman Lee Kun-hee’s New Management initiative that charted Samsung's course to b...

New Hyundai Motor Chairman Chung Euisun sets sights on future mobility

Chung Euisun, executive vice chairman of Hyundai Motor Co., has assumed the chairmanship of Hyundai Motor Group, officially confirming his ascension t...

SK Gas sets sights on liquid hydrogen as LPG market fizzles

SK Gas Ltd., South Korea’s No. 1 liquefied petroleum gas (LPG) producer, is preparing to enter the liquid hydrogen manufacturing market as part ...

Brookfield set to raise $610 mn for new infrastructure debt fund: report

Brookfield Asset Management Inc. will collect around 700 billion won ($610 million) from South Korean institutional investors for its second infrastru...

KEPCO set to finance $190 mn for Vietnam’s coal power plant project

Korea Electric Power Corp. (KEPCO) will move forward with its participation in Vietnam’s coal-fired power plant project, after the deal came c...

Kakao Pay set to be Korea's first mobile-payment fintech to go public

Kakao Pay Corp. is set to become South Korea’s first mobile-payment fintech company to go public as the company kicks off preparations for an in...

Studio Dragon sets sights overseas, $3.4 bn market cap possible: analyst

South Korea’s leading drama producer Studio Dragon Corp. is expected to post handsome earnings in coming years, boosted by a steady stream of jo...

BOK to buy $4.2 bn in state bonds by year-end to stabilize debt market

The Bank of Korea will buy state bonds worth 5 trillion won ($4.2 billion) directly from the market by the end of this year to stabilize the local deb...

Korea state agency to sell up to 10% Woori Financial stake in block deal

The Korea Deposit Insurance Corp. (KDIC) has resumed the ongoing sale process of its 17.25% stake in Woori Financial Group in four years. It will offe...

Korea’s state pension fund needs split to improve efficiency: National Assembly report

The National Pension Service needs to be split to enhance the efficiency of the South Korean state pension fund’s operations and reduce its heav...

Korean investors jointly set up a $770 million SPC to invest in KKR funds

Local institutional investors have injected $500 million (600 billion won) into a special purpose company to invest in diverse funds managed by privat...

NPS and Allianz to set up $2.3 bn Asian property fund

The National Pension Service (NPS) is to launch a $2.3 billion property fund with Germany’s Allianz SE to invest in core real estate in Asia, wi...

NPS sets up $860 mn Vietnam investment fund with SK Group

The National Pension Service (NPS) has launched a 1 trillion won ($860 million) fund with SK Group to invest in Vietnamese companies, through which th...

AI chip venture set to challenge Nvidia, Intel, Google

Back in 2017, the idea of launching a startup to make artificial intelligence (AI) semiconductors prompted many blank stares. It was a fight that coul...

Kiwoom Asset sets up $56 mn retail funds to buy Amsterdam office

Kiwoom Asset Management Co. Ltd. plans to raise 50.7 million euros ($56.2 million) from individual investors in South Korea in August to buy an of...

Hana Fin, CIC to set up $1 bn Korea-China cooperation fund

Hana Financial Group will set up a joint fund with China Investment Corp. (CIC) to invest in companies seeking to penetrate each other’s markets, with...

Keppel Group unit set to net $250 mn from value-add deals in Seoul

Alpha Investment Partners, part of Singapore-based Keppel Capital, is set to secure over $250 million from selling two Seoul office buildings for arou...

[Interview] Korean office building market set for further growth: Savills

South Korea’s office building market is poised to continue its record-breaking growth, buoyed by heavy money inflows from overseas investors and the c...

NPS, POBA to set up $314 mn Korean logistics fund

The National Pension Service (NPS) and the Public Officials Benefit Association (POBA) will form a 350 billion won ($314 million) blind-pool fund to i...

Korean fund set to log double-digit return from sale of German tower

South Korean institutional investors, including the Teachers’ Pension and insurance companies, are set to reap a profit of more than €106 million ($12...

NH Investment set to buy Tokyo office building for $308 mn

The brokerage arm of South Korea’s national agricultural cooperative has decided to acquire a 23-story skyscraper in Tokyo, for about 350 billion won ...

Korea public officials fund set to buy Belgium building for $117 mn

The Public Officials Benefit Association (POBA) has been recently named as a preferred buyer of an office complex in Brussels, Belgium, in a 130 billi...

HI Investment sets up leasing firm to buy Boeing aircraft jointly for $209 mn

HI Investment & Securities Co. Ltd., an affiliate of South Korean shipbuilder Hyundai Heavy Industries Co. Ltd., has established an offshore aircr...

Aircraft funds in Korea quadruple in 4 yrs; overheating concern sets in

Aviation finance funds are expected to attract another billions of dollars from South Korean investors this year to a cumulative $3.9 billion, driven ...

Korean asset manager set to buy NASA headquarters building for about $350 mn

KTB Asset Management Co. Ltd. has been picked as the preferred buyer of the NASA headquarters building in Washington D.C. on behalf of small-sized Sou...

Mirae Asset’s $270 mn property fund for State Farm complex fully subscribed

Mirae Asset Global Investments Co. Ltd. has raised the planned 300 billion won ($270 million) in a public property fund in 10 days after it was launch...

Mirae Asset launches public fund for $820 mn State Farm complex deal

South Korea’s Mirae Asset Global Investments Co. Ltd. has purchased State Farm Insurance’s four-building office complex in Texas for 900 billion won (...

Samsung’s investment firm to set up $270 mn US property mezzanine fund

A property investment arm of the Samsung Group will raise 300 billion won ($270 million) from South Korean insurance companies and pension funds in a ...