Hyundai tops Korean institutions' May buying list
Hyundai Motor became the key beneficiary of South Korean institutional investors' heavy buying on the local bourse this month as the global chip sho...
Korea’s major tire makers to raise prices as rubber supply tightens
South Korea’s three leading tire makers are set to raise prices of commercial and passenger vehicle tires on growing demand from automakers an...
Korean LPs commit over $200 mn to UK real estate fund
A UK-focused real estate debt fund, managed by New York-based BentallGreenOak, has received a combined £170 million ($241 million) in commitme...
Naver, CJ ENM join forces to acquire Korea's No.3 web novel platform
South Korea’s platform giant Naver Corp. has joined forces with CJ Group to acquire the country's leading web novel platform Munpia Inc. in a ...
Hana buys Osaka logistics center for about $140 mn
South Korea's Hana Alternative Asset Management Co. has beat 16 Japanese bidders to acquire a logistics center in the port of Osaka, Japan for ¥...
China’s heavy imports of copper, steel scrap hurt Korean SMEs
South Korea’s massive exports of scrap steel and scrap copper to China are hurting its domestic companies that are struggling to secure the st...
Korean medical cosmetics firms make big rebound in Q1
South Korean medical cosmetics companies that underwent a tough year in 2020 are posting rejuvenated earning results thanks to s rise in demand in E...
STIC Ventures invests $2 mn in Vietnamese logistics startup EcoTruck
South Korea-based venture capital firm STIC Ventures has recently invested $2 million in a Vietnamese logistics startup EcoTruck, a move aimed at bo...
KKR's flagship fund attracts $400 mn from NPS, Korea Post
KKR & Co. has attracted a combined $400 million from the National Pension Service and Korea Post for its latest flagship fund that raised $18.5 ...
Korean firms emerge triumphant from pandemic with record Q1 profits
South Korean companies have posted their best-ever quarterly sales and operating profits, emerging from a year-long slump caused by the global COVID...
Fizzling IPO boom? Korean IPO shares make dull debuts
C&C International Co., South Korea's leading color cosmetics manufacturer, became the fifth company this year to see its share price slide below...
Korean foundry firm DB HiTek sets new Q1 sales record
South Korea’s foundry company DB HiTek Co. has reported the highest quarterly revenue since its establishment in 1997. The company’s reg...
Korean pension funds eye non-core global real estate
South Korea's Government Employees Pension Service (GEPS), Public Officials Benefit Association (POBA) and Military Mutual Aid Association (MMAA) ar...
Cargo crisis delivers record earnings for HMM, Korean Air
The ongoing shipping cargo crisis has brought record-high earnings results in the first quarter to South Korea’s largest container line HMM Co...
Naver joins Korean central bank's digital currency initiative
South Korea’s platform giant Naver Corp. is taking the leap into the digital currency platform market with its plans to participate in the Ban...
Korean LPs to sue Mirae, NH over Las Vegas loan loss
South Korean institutional investors in the Drew Las Vegas development are preparing to file a lawsuit against two domestic brokerage firms, seeking...
Eight of top 10 Korean conglomerates betting on hydrogen
There was a time when virtually all major South Korean firms were racing to make something big and heavy. Power plants, offshore oil and gas constru...
Korean PEF clinches $1.7 bn TaylorMade Golf acquisition
South Korea's lesser-known private equity firm Centroid Investment Partners has acquired US sports equipment manufacturing firm TaylorMade Golf Co. ...
Korean chipmakers in rivals’ shadow, fall behind TSMC
South Korea is home to the world’s two leading memory chipmakers, Samsung Electronics Co. and SK Hynix Inc., which together with their smaller...
PEFs knocking on door of Korean IPO market for profitable divestment
South Korean and overseas private equity firms are knocking on the door of the initial public offering market for profitable divestments, riding the...
Korean investors in renewed push for global property deals
South Korea's IGIS Asset Management Co. and Hana Financial Investment Co. have acquired a 49% stake in the headquarters of the US mortgage lender Fa...
Korean oil companies to bask in rising refining margins, growing demand
Oil refiners in South Korea and across Asia have been among those hit hardest by the subdued demand amid the global pandemic. With increasing vaccin...
Korean pharmas may turn into global vaccine makers on Biden remarks
South Korea’s biosimilar and pharmaceutical companies are looking at a growing chance of emerging as a global hub for manufacturing vaccines f...
K-beauty boom makes S.Korea the fourth-largest cosmetics exporter
Cosmetics industry sees continued export growth for two straight decades K-beauty has emerged as a global trend, thanks to the development of innov...
Korea’s major firms look for M&A targets in battery materials business
South Korea’s major companies are looking for merger and acquisition opportunities in the rechargeable battery materials sector, which is grow...
Korean Air joins race for flying car business to rival Hyundai, Hanwha
Korean Air Lines Co. is entering into the business of urban air mobility (UAM), which is emerging as one of the most futuristic modes of transportat...
Korean economy nears pre-pandemic level, prompts GDP upgrades
South Korea’s faster-than-expected economic growth in the first quarter is prompting analysts to raise their growth outlook for this year, wit...
Corporate storytelling: S.Korean firms' next growth key
South Korea’s major companies are increasingly adopting corporate storytelling as a means of rebranding their identities.As the companies enjo...
Templeton to pull out of Korean retail fund market
Franklin Templeton Investments' South Korean arm is in talks with a domestic asset management company to sell its retail operations, following Black...
Korean-made small SUVs reach 50% share in US market
Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...
