Coupang gets the green light for Nasdaq listing

South Korea’s e-commerce giant Coupang Corp. has received the green light for its Nasdaq listing, increasing the possibility of a trading ...

Korean PE firm acquires Achronix Semiconductor via SPAC merger

South Korea-based private equity firm Ace Equity Partners has acquired Achronix Semiconductor Corp., a US-based fabless company, through a special p...

Coupang eyes Nasdaq listing in Q2

South Korea’s leading e-commerce giant Coupang Corp. is preparing for a trading debut on the Nasdaq in the second quarter, by which the compan...

Korea’s stock markets rise most among majors; beat S&P 500, Nasdaq gains

South Korean bourses on Wednesday wrapped up this year's trade at their highest levels of the year, rising the most among major equity markets and b...

IGIS Asset, Hana buy $390 mn US Amazon logistics portfolio

South Korea’s IGIS Asset Management Co. and Hana Financial Investment Co. have jointly acquired three pre-completed logistics centers in the U...

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...

POSCO Chem eyes No.1 spot in battery materials sector

South Korean steelmaker POSCO launched in 1968 with a mission to aid the country's economic growth through its steel business. True to its inten...

NPS acquires $2 bn US logistics portfolio with Stockbridge

The National Pension Service has teamed up with the US-based Stockbridge Capital Group to acquire a $2 billion portfolio of logistics facilities in ...

SK to create $27 bn in addt'l net asset value via hydrogen business

SK Holdings Co., the holding company of South Korean conglomerate SK Group, aims to be at the forefront of the country's hydrogen ecosystem as part ...

Mirae Asset wins lawsuit against China’s Anbang over $5.8 bn US hotel deal

Mirae Asset Global Investments Co. will be able to recover a $580 million deposit it paid to Anbang Insurance Group for a $5.8 billion deal to buy 1...

Celltrion finalizes $278mn acquisition of Takeda's primary care assets

South Korea's biopharmaceutical firm Celltrion Inc. has completed the $278 million acquisition of Takeda Pharmaceutical Company Ltd's primary care a...

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...

KRW bonds favored amid rekindled interest in riskier assets

SINGAPORE -- Global investors are returning to emerging market debt, including Korean won bonds, as they hunt for higher yields amid stronger local ...

Naver, Mirae Asset bolster presence in Southeast Asia via $898 mn fund

South Korea’s platform giant Naver Corp., alongside Mirae Asset Daewoo Co., has been increasing investments into promising startups in Southeast...

[ASK2020] Allocate to ideas, not asset classes

Aberdeen Standard Investments is dedicated to helping investors around the world reach their investment goals and broaden their financial horizo...

Korean investors pick private debt as preferred asset class

South Korea’s institutional investors, including pension funds, mutual aid associations and insurers, plan to increase the private debt portion ...

KED to host alternative investment summit for Korean, global asset managers

The Korea Economic Daily (KED) is hosting its global alternative investment conference ASK 2020 in Seoul on Oct. 28 for Korean institutional investo...

SK, KTCU see gains from Chinese startup’s Nasdaq IPO

SK Group and the Korean Teachers’ Credit Union (KTCU) may walk away with handsome gains from their joint investment of 360 billion won ($314 mil...

KED to host alternative investment summit for Korean, global asset managers

The Korea Economic Daily (KED) is hosting its global alternative investment conference ASK 2020 in Seoul on Oct. 28 for Korean institutional investors...

Yellow Umbrella Mutual to invest $500 mn in global multi-asset funds

The Yellow Umbrella Mutual Aid Fund, a $12 billion savings arm for South Korea’s small business owners, has entrusted two Korean asset managers ...

Hyosung to accelerate asset sales, IPOs to spur growth in hydrogen, data businesses

Hyosung Group, a South Korean textile and chemicals conglomerate, is accelerating efforts to sell assets and list major subsidiaries on the local bour...

Mirae Asset named preferred negotiator for 3 Amazon-leased logistics centers in US

Mirae Asset Global Investments Co. has been named the preferred negotiator to acquire three logistics centers in the US leased to American retail gian...

Mirae Asset to launch $252 mn Europe infrastructure fund

Mirae Asset Global Investments Co. is preparing to launch a 300 billion won ($252 million) vehicle to invest in a European infrastructure fund.Accordi...

Korea’s reliance on semiconductor chips increases economic vulnerability: FKI

South Korea’s heavy dependence on semiconductor chips and its concentration on the US and China for exports pose a greater risk to the export-or...

Tiger Alternative near closing $247 mn Home Depot logistics center deal: report

Tiger Alternative Investors Co. Ltd. is in the final stages of negotiations to acquire a new distribution center in Texas for $247 million, now leased...

NPS creates active management team for overseas traditional assets

The National Pension Service will set up teams in its overseas offices to directly handle active investments in traditional assets such as equiti...

Shinhan Financial in search to acquire traditional asset manager

Shinhan Financial Group, one of Korea's largest financial holding firms, has reached out to asset management companies that are well-versed ...

Tiger Alternative raises $100 million to invest in US structured fund

South Korea's Tiger Alternative Investors Co. Ltd has raised about $100 million from domestic retirement funds and insurance firms to invest in senior...

Mirae Asset co-leads $100 mn financing for China’s biotech startup

Mirae Asset Financial Group has invested $28 million in Shanghai-based biotechnology startup JW Therapeutics, about a quarter of $100 million financin...

[Interview] Teachers’ Pension picks infrastructure, daily necessities sectors

South Korea’s Teachers’ Pension will chase infrastructure facilities and industrial park properties in developed countries for overseas al...