S.Korea maintains global lead in shipbuilding industry

Thanks to winning the most orders this year, South Korea’s shipbuilding industry has solidified its lead in the global shipbuilding market for...

SoftBank-backed Coupang enters Korea’s competitive video streaming arena

South Korea’s e-commerce giant Coupang Corp. has thrown down the gauntlet to compete against Netflix Inc. and other local streaming service pr...

Two US firms win $200 mn Korea Post infrastructure mandate

Argo Infrastructure Partners and Stonepeak Infrastructure Partners were chosen as Korea Post’s new overseas infrastructure investment managers...

Glenwood PE to acquire minority stake in Korea's largest beauty chain

CJ Group has selected Glenwood Private Equity as the buyer of a minority stake in South Korea’s No. 1 health and beauty store CJ Olive Young...

Korea’s retail investors shed loser image, turn pandemic into bonanza

In South Korea, as the saying goes, the stock market is at its peak if a swarm of individual investors go on a buying spree, often leading to heavy ...

Korea’s treasury yields climb on hopes of vaccines, more bond issues

South Korea’s treasury yields are heading higher as advances in vaccine development and concerns over increased government bond sales prompt f...

Korea’s cloud management firm Bespin Global considers Nasdaq listing

Bespin Global, a South Korean cloud technology consulting and management company, is considering listing its shares on the US tech-heavy Nasdaq mark...

Korea’s venture capital firms poised to grow, no bubble seen in market

Growth in South Korea’s venture capital investments has been slow relative to the pace of the country’s economic growth, creating an opp...

NPS, Korea Post back JKL Partners' $687 mn PE fund

South Korea's JKL Partners has closed a 750 billion won ($687 million) private equity fund, backed by the National Pension Service, Korea Developmen...

Korea Superfreeze readies for mass COVID-19 vaccine storage

It's a busy day at the Korea Superfreeze warehouse in South Korea's Gyeonggi province, with trucks entering and exiting the spacious 92,500-square...

Korea’s commercial law revisions irk businesses, limit top shareholders’ clout

The National Assembly on Wednesday passed a series of commercial law revisions designed to limit business owners’ clout and enhance supervisio...

Bank CEOs in Korea pick big tech as top 2021 challenge

Chief executives of banks operating in South Korea have picked the emergence of big technology companies and fintech startups in the credit market a...

Korea Post seeks two direct lending funds for $200 mn mandates

Korea Post’s savings arm plans to select two global direct lending funds focusing on North America and Europe and commit $100 million to each ...

Korea’s personal pensions gamble with risky stocks for higher returns

South Korea’s individual pension fund holders are moving their money out of banks and insurance companies into brokerages in pursuit of higher...

Carlyle in final-stage talks to buy Korea’s No. 2 bakery chain

The Carlyle Group is in final stages of talks to buy South Korea’s No. 2 bakery chain Tous Les Jours from the country’s food and enterta...

Korea’s KIP eyes Europe, China VC fund launches in 2021

Korea Investment Partners Co. (KIP), South Korea’s largest venture capital firm, is aiming to launch two overseas investment funds next year &...

Korea Inc. braces for tough year as strong KRW kicks in

South Korean exporters are bracing for a tough year with their profits poised to languish, hit by the strong won, amid expectations for a rebound in...

Venture capital investments hit all-time high in S.Korea

Venture capital investments in South Korea are seeing a speedy recovery after facing a setback earlier this year due to the COVID-19 crisis. Over th...

Dongkuk makes strongest steel bar in S.Korea

Steelmaker Dongkuk Steel Mill Co. has become the first South Korean company to develop a reinforcing bar, or rebar, that can withstand 12.2 tons per...

Korea set to overtake Japan as No. 5 exporter by 2026

South Korea is set to overtake Japan and become the world’s No. 5 export powerhouse by 2026 on grounds that the country will maintain its cu...

Tax cuts, pandemic lift imported car sales in Korea

Imported car sales in South Korea are on track to post a record high this year, benefiting from consumption tax cuts aimed at stimulating personal s...

PEFs gaining clout in Korea’s broader M&A sectors

Private equity firms have been leading South Korea’s mergers and acquisitions markets in a broader range of sectors in recent years, represent...

S.Korea's airline restructuring hits turbulence with activist fund opposition

South Korea’s airline restructuring is experiencing some turbulence after an activist group has filed an injunction threatening the proposed m...

Goldman Sachs’ $14 bn credit fund draws $260 mn from Korea

South Korea’s Police Mutual Aid Association (PMAA) and financial services firms, including Samsung Securities Co., have committed $260 million...

Global funds flow into S.Korea as investors look to life after COVID-19

An increasing amount of global funds are flowing into South Korea as advances in COVID-19 vaccine development and a weaker dollar boost investors&rs...

Wine sales in S.Korea surge amid COVID-19 lockdown

E-Mart Inc., one of South Korea’s largest retailers, saw its annual wine sales exceed 100 billion won ($90.3 million) for the first time as ...

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 ...

Korea's top craft brewer seeks junior Kosdaq listing

Jeju Beer Co., South Korea's No. 1 craft beer maker, is preparing to become the country's first craft brewery to go public, buoyed by the rapid mark...

S.Korea's household debt ratio exceeds 100% for first time

South Korea’s household debt to gross domestic product (GDP) ratio has exceeded 100% for the first time, with its debt growing relatively faster...

Korean govt urged to hike diesel tax, ban fossil fuel cars by 2035

South Korea should raise its tax on diesel to match the price of gasoline and phase out internal combustion engine cars by 2035 to tackle air pollutio...