Naver bets on SoftBank's e-book company to reclaim lead in Japan

South Korea’s major portal operator Naver Corp. is looking to firm up its partnership with SoftBank Group Corp. and increase its presence in J...

Korean conglomerates bet big on hydrogen, launch H2 council

South Korea’s major conglomerates are going big on hydrogen, launching a business council and investing heavily in related projects to gain th...

Laundrygo raises over $40 mn from SoftBank Ventures, Altos Ventures

South Korea’s first contactless laundry service startup Laundrygo has raised 50 billion won ($43 million) in a follow-on investment from inves...

KakaoBank becomes Korea's most valuable lender

KakaoBank Corp. became South Korea’s first listed internet-only bank and the country's most valuable lender upon its trading debut on Aug. 6...

Netmarble bets $2.2 bn on global social casino game market

South Korean game developer Netmarble Corp. decided to buy the world’s No. 3 social casino game publisher SpinX Games for $2.2 billion, bettin...

Delta coronavirus variant hits global stock markets

Global stock markets lost ground on mounting fears over the spread of the Delta coronavirus variant. Record-breaking US shares riding on the hopes...

NPS bets big on property development as asset prices soar

The National Pension Service (NPS) has been increasing its appetite for office buildings in the development stage as part of an effort to snatch up ...

Bank of Korea governor sends stronger signal to raise rates this year

South Korea’s central bank governor on Friday flagged a tighter monetary policy for the second time in less than a month, fueling expectations...

KDB bets big on fintech platform Toss ahead of 2023 IPO

The Korea Development Bank (KDB) has decided to invest 80 billion won ($72 million) in the fintech startup Toss via a rights offering. This marks th...

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...

Sculptor Capital bets on non-traditional real estate

Non-traditional real estate assets such as cell towers, parking lots and marinas will likely provide significant investment opportunities to debt in...

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 PEFs raise bets on pandemic-hit aircraft sector

The aviation industry, one of the hardest-hit sectors by the global pandemic, is now whetting the appetite of South Korean private equity firms whic...

Brokerage firms enjoy rising bets on global derivatives

South Korean brokerage houses enjoyed a bumper year in 2020 with a record fee income from global derivatives trading, driven by retail investors' ve...

Ontario Teachers invests in Korean fried chicken brand valued at $1.7 bn

The Ontario Teachers' Pension Plan (OTPP) has agreed to invest 300 billion won ($275 million) in South Korea’s leading fried chicken brand B...

Hyosung’s recycled yarn from PET bottles lures fashion brands

Hyosung TNC Corp. is experimenting with something that may seem strange in the eyes of some: making recycled yarn from discarded PET bottles, in a pro...

Samsung pulls out of LCD panel market to bet on quantum dot OLED

Samsung Display Co. Ltd. has sold its LCD panel plant in China to China Star Optoelectronics Technology (CSOT) for $1.08 billion, withdrawing from the...

NH Investment beats Korean rival in a bold bet on $400 mn Aussie-NZ infra portfolio

A consortium led by NH Investment & Securities Co. Ltd. has been named as a preferred buyer for infrastructure assets worth $400 million in Austra...

Carlyle to invest $415 mn in KB Financial, betting on share rebound

The Carlyle Group has tentatively agreed to buy $200 million worth of bonds exchangeable into shares in KB Financial Group and the US private equity f...

[Interview] Hana Asset bets on retail demand for overseas real estate

The asset management unit of South Korea’s Hana Financial Group is preparing to launch two new public funds investing in overseas real estate, betting...

Game maker's holding firms renews bets on pet food market

NXC Corp., the holding company of South Korea's game developer Nexon Co., has acquired an Italian pet food maker for 27.8 billion won ($ ) CerereAgras...