Record-high Q2 Korean household debt heats up property, stock markets

Record-high Q2 Korean household debt heats up property, stock markets

South Korea’s household debt surged to the highest level in its history in the second quarter of the year, led by soaring mortgage loans and sec...

How Korean platform giants disrupted the digital comics market with webtoons

How Korean platform giants disrupted the digital comics market with webtoons

South Korean webtoons (mobile and digital comics) are taking over the digital comics markets in Japan and the US. Market watchers claim it is&nbs...

Credit Suisse raises KOSPI target to 2,600 amid positive outlook for market recovery

Credit Suisse raises KOSPI target to 2,600 amid positive outlook for market recovery

Swiss-based investment bank Credit Suisse has raised its KOSPI target to 2,600 from 2,300 on August 19 on the back of the weakened US dollar and impro...

Europe’s residential property market to fare better than fixed income: Patrizia

Europe’s residential property market to fare better than fixed income: Patrizia

Europe’s residential property market will likely continue to fare better than fixed-income assets on the prospect of interest rates remaining lo...

Korea’s leading EV battery makers’ R&D spending hits record $1 bn in H1

South Korea’s three leading electric-vehicle (EV) battery makers are investing heavily in EV research & development projects to gain ground ...

Billion-dollar deals likely to flood Korea’s M&A market in H2

Billion-dollar deals likely to flood Korea’s M&A market in H2

South Korea’s mergers and acquisitions market is expected to gain momentum toward the end of the year, as the coronavirus pandemic pushes large ...

Korean EV battery makers' shares tumble on Morgan Stanley downgrade

Korean EV battery makers' shares tumble on Morgan Stanley downgrade

Shares of South Korea’s three leading electric-vehicle (EV) battery makers LG Chem Ltd, SK Innovation Co. and Samsung SDI Co. fell 5% on August ...

SK Lubricants up for sale as parent firm bulks up EV battery business

SK Lubricants up for sale as parent firm bulks up EV battery business

SK Innovation Co. Ltd., the single shareholder of SK Lubricants Co. Ltd., has put the lube base oil supplier up for sale as the parent company seeks n...

Market keeps close watch on Korea's short-selling ban decision

Market keeps close watch on Korea's short-selling ban decision

Korea’s six-month ban on short selling is set to expire on September 15, fueling market chatter whether or not the country’s financial wat...

Korea’s money supply sees fastest growth in decade as foreigners return to stock market

Korea’s money supply sees fastest growth in decade as foreigners return to stock market

South Korea’s money supply grew at a quicker pace in June than it has in a decade, as foreign investors, who shunned risky assets just following...

Hanon Systems eyes top spot in world’s car thermal management system market

Hanon Systems eyes top spot in world’s car thermal management system market

Hanon Systems Corp., a South Korean auto parts maker, said on Wednesday it aims to become the world’s top supplier of automotive thermal and ene...

[Interview] Manga platform Piccoma ready to take over Japan's comics market

[Interview] Manga platform Piccoma ready to take over Japan's comics market

Manga platform Piccoma is gearing up to take over Japan’s massive digital comics market as the company continues to see prominent growth in its ...

India’s Mahindra willing to give up management rights in Ssangyong Motor

India’s Mahindra willing to give up management rights in Ssangyong Motor

India’s Mahindra and Mahindra Ltd., with a 75% stake in South Korea’s Ssangyong Motor Co. Ltd., has expressed its intention to give up man...

Companies eye $2 bn sneaker resale market to lure next generation

Companies eye $2 bn sneaker resale market to lure next generation

Korea’s sneaker resale market is gaining traction as it becomes increasingly lucrative for buyers and sellers. The $2 billion sneaker resale mar...

Hyundai launches IONIQ as standalone EV brand

Hyundai launches IONIQ as standalone EV brand

 The Hyundai Motor Group is launching IONIQ as a standalone brand to exclusively make electric cars as part of its efforts to gain share in the r...

Korea’s EV battery trio, led by LG Chem, emerge as market’s top picks

Korea’s EV battery trio, led by LG Chem, emerge as market’s top picks

South Korea’s three electric-vehicle battery makers have become the local market’s top picks as their combined market capitalization nearl...

Samsung inches closer to Intel as chip market posts Q2 growth despite pandemic

Samsung inches closer to Intel as chip market posts Q2 growth despite pandemic

Samsung Electronics Co. is seen narrowing its chip business revenue with Intel Corp. as the global semiconductor market continues to grow despite the ...

Carlyle to enter Korea’s reinsurance market with Korean Re for embattled insurers

Carlyle to enter Korea’s reinsurance market with Korean Re for embattled insurers

The Carlyle Group has joined hands with Korean Re, the largest reinsurer in South Korea, to become the first co-reinsurance providers in a market esti...

Samsung narrows gaps fast with image sensor market leader Sony

Samsung narrows gaps fast with image sensor market leader Sony

Samsung Electronics Co. is narrowing gaps fast with Sony Corp., the global leader in image sensors, which are widely used in smartphone cameras and ot...

NPS returns shift to positive on stock market rebound

The National Pension Service has posted a 0.37% return as of the end of May, cancelling out the negative return of the previous four months as th...

Market view on Hyundai Motor takes a turn after Q2 earning surprise

Market view on Hyundai Motor takes a turn after Q2 earning surprise

The market's perception of Hyundai Motor Company has taken a turn, from considering the Korean automaker as a value stock to seeing it as a growth sto...

Korea’s IPO market gains steam amid global pandemic

Korea’s IPO market gains steam amid global pandemic

SK Biopharmaceuticals Co. Ltd. made a strong market debut on the Korea Exchange, as the country's IPO market has been gaining steam with newly listed ...

NPS logs negative Q1 investment return on stock market plunge

NPS logs negative Q1 investment return on stock market plunge

The National Pension Service (NPS) reported a negative 6.08% return on investment in the first three months of this year, weighed down by double-digit...

IMM enters China’s infrastructure market with $40 mn investment

IMM enters China’s infrastructure market with $40 mn investment

IMM Investment Corp. has acquired a minority stake in China’s private water supplier for $40 million, in the first investment by a South Korean ...

Balance Hero banks on India's 1.3B with fintech

Balance Hero banks on India's 1.3B with fintech

Expanding to India was a no-brainer decision for Lee Cheol-won."It took just five minutes to make the call," said Lee, CEO of Balance Hero, a financia...

Stronghold Technology's smart roaster stirs up coffee market   

Stronghold Technology's smart roaster stirs up coffee market   

It's part of our morning routine, an afternoon pick-me-up and a good complement to an evening get-together with friends. We're talking about coffee. I...

[Dealmaker] Credit Suisse leads Korea's M&A advisory market

[Dealmaker] Credit Suisse leads Korea's M&A advisory market

Credit Suisse arranged five buyout deals worth 5.2 trillion won ($4.4 billion) for SK Group’s units in 2019, which represented half of its M&...

Meritz Sec commits $425 mn to India’s housing finance platform

Meritz Sec commits $425 mn to India’s housing finance platform

Meritz Securities Co. Ltd. has committed $425 million to a housing finance platform in India as an anchor investor, in its first foray into the countr...

Korean VC firms invest $26 mn in India, Vietnam start-ups

Korean VC firms invest $26 mn in India, Vietnam start-ups

South Korean venture capital firms have invested a combined $26 million in Internet-based start-up companies in India and Vietnam, betting on the rapi...

GSO Capital raises $511 mn in Europe mid-market CLO fund: report

GSO Capital raises $511 mn in Europe mid-market CLO fund: report

GSO Capital Partners, the credit investment arm of the Blackstone Group, has raised 450 million euros ($511 million) in a Europe mid-market collateral...

Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders SK Innovation to restore Vietnam’s mangrove forests in ESG initiative LG Electronics' Q2 profit halves as US tariffs bite