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Korean teachers' fund pockets sweet returns from US cloud-based platform

Korean teachers' fund pockets sweet returns from US cloud-based platform

The Korean Teachers' Credit Union (KTCU) has secured returns nearly four times its $37.6 million investment in the US cloud-based platform provider El...

Korean LPs commit over $94 mn to LaSalle’s $513 mn debt fund

Korean LPs commit over $94 mn to LaSalle’s $513 mn debt fund

South Korean pension and savings funds, including the Yellow Umbrella Mutual Aid Fund and the Korea Scientists and Engineers Mutual-aid Association (S...

Korean men in pink, disrupting traditional fashion

Korean men in pink, disrupting traditional fashion

Global K-pop sensation BTS made headlines when they all dressed in pink for their "Boy with Luv" music video. The color pink, a so-called feminine c...

Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal

Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal

Doosan Group has shortlisted six bidders, including Hyundai Heavy Industries Holdings Co., and four local private equity groups, to acquire a controll...

Korean brokerage firms sitting on $7 bn in overseas properties yet to sell down

Korean brokerage firms sitting on $7 bn in overseas properties yet to sell down

South Korean brokerage firms, having scooped up $20 billion worth of overseas real estate deals over the past three years, are now saddled with $7 bil...

Robust SUV sales drive Korean carmakers’ US market share to 9-yr high

Robust SUV sales drive Korean carmakers’ US market share to 9-yr high

South Korean automakers’ share of the US passenger car market has risen to its highest level in nine years, boosted by brisk sales of sport util...

Felt Coffee introduces minimalism to Korean coffee shops

Felt Coffee introduces minimalism to Korean coffee shops

Two years ago, a new coffee shop appeared in Gwanghwamun, one of the busiest office districts in Seoul, redirecting the daily traffic of businesspeo...

Top Korean travel platform Yanolja to join startups lining up for IPOs

Top Korean travel platform Yanolja to join startups lining up for IPOs

South Korea’s largest travel platform Yanolja is planning to list on the domestic stock market in 2022, paving the way for Singapore’s GIC...

Korean 100-year-old traditional house becomes trendy destination for cafe-goers

Korean 100-year-old traditional house becomes trendy destination for cafe-goers

The life of a building emulates the human experience more than we suspect -- encountering countless number of people, wearing down with age, and event...

Korean regulator mulls flat-rate underwriting fees to cool IPO hype

Korean regulator mulls flat-rate underwriting fees to cool IPO hype

South Korean financial regulators are considering introducing flat-rate underwriting fees for initial public offerings, in a move seen aimed at coolin...

Korean unicorn Krafton eyes 2021 IPO to raise over $850 mn

Korean unicorn Krafton eyes 2021 IPO to raise over $850 mn

South Korean games developer Krafton Inc., 13.2% owned by Tencent Holdings’ investment arm, is seeking to raise over 1 trillion won ($852 millio...

Hyundai Motor hires two AI experts to strengthen foothold in future mobility

Hyundai Motor hires two AI experts to strengthen foothold in future mobility

Hyundai Motor Group has hired two artificial intelligence experts as the company aims to secure its position in the future mobility sector, including ...

Tesla unveiling offers opportunity for Korean EV battery makers; shares down

Tesla unveiling offers opportunity for Korean EV battery makers; shares down

Tesla Inc.’s announcement that it will adopt a new battery technology to significantly improve an electric vehicle’s range and power shoul...

S. Korean automakers rise despite stronger Korean currency

S. Korean automakers rise despite stronger Korean currency

Shares of Hyundai Motor Co. and Kia Motors Corp. are rising despite the rising trend in the value of the Korean won versus the dollar, which usually w...

Korean won rebounds to pre-pandemic level; more gains seen until US election

Korean won rebounds to pre-pandemic level; more gains seen until US election

The South Korean won leapt to its highest close in eight months against the dollar on Sept. 18, powered by foreign investors’ week-long stock bu...

Korean Air seeks to sell 73-story skyscraper amid financial woes

Korean Air seeks to sell 73-story skyscraper amid financial woes

Korean Air Lines. Co. is reaching out to overseas investors to gauge their interest in acquiring Wilshire Grand Center, a landmark building in Los Ang...

NPS to cease paying management fees for Korean PEF project funds

NPS to cease paying management fees for Korean PEF project funds

The National Pension Service has decided to stop paying management fees for project funds to be launched by South Korean private equity firms, after r...

Korean Air to lend $950 mn to US hotel unit for debt repayment

Korean Air to lend $950 mn to US hotel unit for debt repayment

Korean Air Lines Co. will provide $950 million in loans to its fully owned US hotel operator which has $900 million in debt maturing this month, the c...

Korean pensions sell off net $2.6 bn in domestic equities since August

Korean pensions sell off net $2.6 bn in domestic equities since August

South Korea’s pension funds including the National Pension Service sold off a net 3.12 trillion won ($2.6 billion) worth of domestic equities fr...

Korean chipmakers rewrite China business strategy amid US trade ban

Korean chipmakers rewrite China business strategy amid US trade ban

South Korean chipmakers and display manufacturers will lose a major client in China when US trade sanctions targeting the technology giant Huawei Tech...

Korean display makers poised to suffer from US ban on Chinese app WeChat

Korean display makers poised to suffer from US ban on Chinese app WeChat

Korea’s two largest display panel makers – Samsung Display Co. and LG Display Co. – are widely expected to suffer from the US ban on...

Korean steelmakers to supply $100 mn worth of pipes for Canada’s largest LNG project

Korean steelmakers to supply $100 mn worth of pipes for Canada’s largest LNG project

South Korean steelmakers POSCO and SeAH Steel Corp. will jointly supply 12,000 tons of stainless steel pipe for a liquefied natural gas project in Kit...

Korean last-mile delivery apps’ valuations out of sync with demand surge

Korean last-mile delivery apps’ valuations out of sync with demand surge

South Korea’s leading last-mile delivery startups have put their shares or management rights up for sale, riding on the surging demand for deliv...

IMM PE to sell Hollys Coffee to Korean chemical-to-steel group

IMM PE to sell Hollys Coffee to Korean chemical-to-steel group

Seoul-based IMM Private Equity is in the final stages of talks to sell South Korea’s Hollys Coffee to the country’s chemical- to steel-foc...

South Korean airlines convert passenger jets into cargo carriers

South Korean airlines convert passenger jets into cargo carriers

South Korea’s flag carrier Korean Air Lines Co. has converted its passenger plane Boeing 777-300ER into a cargo carrier to further boost ca...

Korean airlines zoom in on China routes, target transit passengers

Korean airlines zoom in on China routes, target transit passengers

South Korean airlines are buckling down to resume flights to and from China to satisfy the demands of Korean businesspeople and overseas resident...

Carlyle flexes muscles in Korean financial industry as Lee takes helm

Carlyle flexes muscles in Korean financial industry as Lee takes helm

The Carlyle Group has been growing its presence in South Korea after sealing a string of investment and business deals with top Korean financial servi...

[Upcoming IPO] Korean fuel-cell tank maker Iljin Composites gears up to become industry champion

[Upcoming IPO] Korean fuel-cell tank maker Iljin Composites gears up to become industry champion

The production of fuel-cell tanks is in full swing at Iljin Composites' factory, a restricted area tightly guarded with strict identification controls...

Online retailer TMON eyes $337 mn from Korean PEF ahead of 2021 IPO

Online retailer TMON eyes $337 mn from Korean PEF ahead of 2021 IPO

South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, will likely receive 400 billion won ($3...

Korean battery makers take charge in global EV market outperforming rivals

Korean battery makers take charge in global EV market outperforming rivals

South Korean battery makers LG Chem Ltd., Samsung SDI Co., and SK Innovation Co. are steaming ahead in the global electric vehicle market pulling in a...

Is chip winter over? Doomsayers gone as Korea’s DRAM exports surge S.Korea to have 1st civilian defense minister in decades, tap career technocrats Fubon Bank expands Korea presence into banking Hana Asset launches ultra-low-fee Nasdaq 100 ETF Even barcodes copied: Counterfeits invasion threatens K-brands

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