Will Korean audiences return to movie theaters?

Anyone connected with South Korea's film exhibition industry has good reason to be feeling depressed these days. Box office returns in September were ...

Korean LPs to boost protection against unforeseen events

The prolonged coronavirus era is pushing South Korean asset owners, including the Teachers’ Pension and insurance firms, to tighten contracts fo...

Strong KRW helps S. Korea hold above $30,000 per capita GNI

South Korea’s per capita income is expected to continue its downward streak for the second straight year in 2020 due to the coronavirus impact, ...

Korean fried chicken brand draws over 1,000 investors in bookbuilding

Kyochon F&B, South Korea’s No. 1 fried chicken franchise operator, wrapped up a successful bookbuilding for institutional investors with bid...

Korean pension funds’ CIOs look to diversify GP pool

South Korean pension funds are seeking to diversify their pool of alternative asset managers to broaden real estate- and developed markets-focused por...

Korean VR startup acquired by Fortnite creator

Hyprsense, a facial motion capture software developer, has been acquired by Epic Games, the creator of international blockbuster game Fortnite, accord...

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 ...

Korean police fund raises risk appetite for private debt

South Korea’s Police Mutual Aid Association (PMAA) has recently selected an opportunistic strategy fund for private debt investment as the $3 bi...

Korean economy rebounds in Q3 on exports, challenges ahead

South Korea’s economy returned to growth in the third quarter on strong exports, marking the first quarterly expansion since the outbreak of the...

Korean insurers, Shinhan Alternative commit $130 mn in KKR CMBS fund

South Korea's insurers along with Shinhan Alternative Investment Management Inc. have committed $130 million in the real estate stabilized credit (RES...

Korean fried chicken brand eyes global expansion post-IPO

Kyochon F&B, South Korea’s No.1 fried chicken franchise operator, will increase its number of overseas outlets by more than tenfold by 2025 ...

Korean won hits 19-month high; all eyes on US election

The South Korean won is riding high against the dollar amid expectations of a new US stimulus package, as presidential candidate Joe Biden’s lik...

Korean ATM maker hits jackpot abroad in cashless society

Sberbank of Russia, the country's No.1 bank, unveiled its cutting-edge automated teller machine (ATM) last month in a virtual event. The newly reveale...

Korean M&A industry may reconsider leveraged buyouts

South Korea’s M&A market may reconsider leveraged buyouts due to the Supreme Court’s remanding of the case involving Sun Jong-koo, the...

KKR buys $386 mn stake in Korean sewage disposal firm

KKR & Co. has purchased a combined 440.8 billion won ($386 million) worth of shares in TSK Corp., a leading South Korean sewage and wastewater tre...

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...

Korean IPOs lose steam as Big Hit shares plummet

Big Hit Entertainment Co., the South Korean entertainment agency behind global sensation BTS, saw its shares drop by as much as 22% on Oct.16, the sec...

Credit Suisse says Korean stocks remain cheap

South Korean bourses may have been Asia’s top performers since global stock markets hit troughs in March, but the country remains Credit Suisse'...

IMM PE seeks to exit Korean power cable maker

IMM Private Equity has put a majority stake in South Korea’s Taihan Electric Wire Co. up for sale to exit its investment of close to $300 mill...

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...

Why a Biden presidency means more of the same with North Korea

If the Democratic Party candidate Joe Biden wins the US presidential election next month, as the polls suggest he will, many things will change. The g...

Korean teachers’ fund keen on equities, M&A deals

The Korean Teachers’ Credit Union (KTCU), a $29 billion savings fund, will increase its exposure to equities markets and M&A financing deals...

Korean mobile game developer buys out German rival

South Korean mobile game developer Com2uS Corp. has acquired a German gaming rival in its first cross-over buyout, in a move to bolster its sports gam...

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

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

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

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

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

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

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