Lotte Corp's corporate bond issue raises staggering $665 mn in demand
South Korean conglomerate Lotte Corporation saw overwhelming demand of 790 billion won ($665 million) from institutional investors on the issuing of c...
Corporate bankruptcy filings hit all-time high in Korea amid global pandemic
Corporate bankruptcy cases in July posted a historic high with 103 filings, mirroring the global impact of the pandemic and its heavy blow to Sou...
Rights offerings, IPOs could suffer if government lifts short-selling ban
While the market awaits the government's final decision on whether to extend its temporary ban on short selling, the investment banking industry is ex...
Lotte Corp to include ESG bonds in $126.5 mn corporate bond offering in September
Lotte Corporation is set to become the first South Korean holding company to issue environmental, social, and governance (ESG) bonds, according to inv...
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...
Hyundai Motor, LG to unveil jointly developed future car interior concept next month
Hyundai Motor Co. and LG Electronics Inc. have jointly developed the interior concept of a future car, further consolidating their cooperation in self...
Unsold corporate bonds may hit a record-high in seven years
Institutional investors are becoming wary of investing in Korean corporate bonds due to uncertainties caused by the coronavirus. As of July 20, t...
Doosan Infracore issues $300 mn dollar bonds amid corporate restructuring
Doosan Infracore Co. Ltd., a Korean machinery manufacturer, has successfully issued dollar-denominated bonds worth $300 million despit...
Macquarie buys $800 mn stake in LG Group’s IT firm
Macquarie’s South Korean unit signed a definitive agreement on Dec. 6 to buy a non-controlling stake in LG CNS Co. Ltd., an IT services arm of L...
KKR, Macquarie among bidders for over $800 mn stake in LG CNS
KKR, Macquarie’s investment unit, Carlyle Group and Goldman Sachs Principal Investment Area (PIA) have joined a race to buy a stake in LG CNS Co. Ltd....
Korea Investment to buy US government-leased building for $185 mn
Korea Investment & Securities Co. Ltd. will acquire a mid-sized office building in Washington D.C. for around 200 billion won ($185 million) next ...
ABCP issues backed by Chinese bank deposits seen to top corporate bond sales in Korea
South Korean pension and savings funds are piling into short-term notes backed by time deposits at Chinese banks, lured by higher deposit rates from C...
[RFP] Korea Post seeks fixed-income managers for U.S. corporate bond investment
- Proposal submission due by June 7, 2016; final selection set for July 2016 - To pick 2 firms for publicly-offered funds with minimum $300 mln AUM...
SK Innovation to supply batteries to Hyundai’s IONIQ 7
SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...
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HOLD: S.Korea's president-elect Lee vows cash handouts
The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending including c...
HOLD: S.Korea's president-elect Lee vows cash handouts
The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending including cas...
LG CNS develops code-generative AI solution
LG CNS, South Korea's leading information technology services provider, announced on Wednesday the development of AI Coding, an innovative code-gene...
LG Electronics collaborates with German Playmobil for figurines
LG Electronics Inc. unveiled its collaboration with the famous German toy brand Playmobil on Thursday, creating home appliance figurines. South Korean...
LG Uplus startup venture investments
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