Kakao, NCSoft likely to lead record-breaking earnings in 2021

Kakao, NCSoft likely to lead record-breaking earnings in 2021

South Korea’s mobile platform giant Kakao Corp. and game developer NCSoft Corp. are looking to post their best-ever earnings for a second stra...

Hyundai Heavy endures to be likely buyer of Doosan Infracore

Hyundai Heavy endures to be likely buyer of Doosan Infracore

Hyundai Heavy Industries Holdings Co., the world's largest shipbuilder, is one step closer to acquiring a 36.07% controlling stake in Doosan Infracore...

Asiana likely to withdraw from Star Alliance membership post-merger

Asiana likely to withdraw from Star Alliance membership post-merger

Asiana Airlines Inc., up for a merger with bigger crosstown rival Korean Air Lines Co., is expected to drop out of Star Alliance, a global airline all...

LG Group ex-chair eyes spin-off of trading, logistics units

LG Group ex-chair eyes spin-off of trading, logistics units

LG Group’s ex-Vice Chairman and senior advisor Koo Bon-joon is in talks to take the trading arm LG International Corp. and other non-core units ...

IMM PE seeks to exit Korean power cable maker

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...

NPS extends term for CIO Ahn Hyo-joon; likely to drive overseas investment

NPS extends term for CIO Ahn Hyo-joon; likely to drive overseas investment

Ahn Hyo-joon, the incumbent chief investment officer at the National Pension Service will see his term extended by one year, the NPS and the Ministry ...

Samsung Life shares rally as governance issue looms on likely stake sale

Samsung Life shares rally as governance issue looms on likely stake sale

Shares of South Korea’s largest life insurer, Samsung Life Insurance Co., have rallied in recent sessions on expectations that the company will ...

Kim Yong-jin officially appointed as NPS’ new CEO, likely to drive decision over CIO status

Kim Yong-jin officially appointed as NPS’ new CEO, likely to drive decision over CIO status

Kim Yong-jin, the former second vice finance minister of President Moon Jae-in’s government between mid-2017 and 2018, has been chosen as the Na...

South Korean govt likely to extend short-selling ban on resurging coronavirus concerns

South Korean govt likely to extend short-selling ban on resurging coronavirus concerns

The South Korean government is leaning toward extending the six-month ban on short selling amid a climate of economic uncertainty, said Finance Minist...

Billion-dollar deals likely to flood Korea’s M&A market in H2

Billion-dollar deals likely to flood Korea’s M&A market in H2

South Korea’s mergers and acquisitions market is expected to gain momentum toward the end of the year, as the coronavirus pandemic pushes large ...

Foreign insurers’ Korean units likely up for sale on tougher rules, falling profits

Following in the footsteps of Prudential Financial Inc., foreign insurance companies are expected to put their Korean units up for sale to meet tighte...

[Upcoming IPO] Korean streaming service Watcha secures funding to join global players like Netflix

[Upcoming IPO] Korean streaming service Watcha secures funding to join global players like Netflix

Watcha, a Korean streaming platform, is gearing up to tap into Japan and Southeast Asian markets following the completion of Series D funding worth 19...

Naver likely to invest near $83.5 million into SM Entertainment to secure K-pop content

Naver likely to invest near $83.5 million into SM Entertainment to secure K-pop content

Korea’s platform giant Naver is in talks with SM Entertainment, Korea’s largest entertainment company, to acquire shares worth approximate...

Mirae Asset consortium likely to clinch $2.1 bn Asiana Airlines deal

A consortium of Mirae Asset Daewoo Co. Ltd. and Hyundai Development Company (HDC) is set to be announced as a preferred buyer of a controlling stake...

PAG likely to buy Hyatt hotel in Seoul and nearby land for $400 mn

PAG likely to buy Hyatt hotel in Seoul and nearby land for $400 mn

Hong Kong-based investment firm PAG has been named a preferred buyer of Grand Hyatt Seoul and its nearby residential land which are valued at abou...

Hana likely to acquire Tour CBX on France office buying spree

Hana likely to acquire Tour CBX on France office buying spree

Hana Financial Investment Co. Ltd. is likely to continue its buying spree for French office buildings by adding Tour CBX, worth around 400 million eur...

Keppel likely to buy three Seoul buildings in $400 mn package deal

Keppel likely to buy three Seoul buildings in $400 mn package deal

The South Korean unit of Singapore-based asset manager Keppel Capital was picked as the preferred buyer for three Seoul office buildings in a package ...

[Interview] UK senior facilities likely to offer strong return: Octopus Investments

[Interview] UK senior facilities likely to offer strong return: Octopus Investments

The UK retirement property market will create investment opportunities of up to $70 billion over the next 10 years and may yield double-digit return...

NH Investment-backed REIT likely to buy Samsung Town building

NH Investment-backed REIT likely to buy Samsung Town building

A South Korean real estate investment trust firm sponsored by NH Investment & Securities Co. Ltd. was picked as a preferred buyer of Samsung C&...

NPS likely to name ex-head of Barings’ Korean unit as CIO this week

NPS likely to name ex-head of Barings’ Korean unit as CIO this week

Thae Khwarg, a former head of Barings’ South Korean asset management arm, is highly likely to be named as chief investment officer of the National P...

Mirae Asset Daewoo likely to buy Vodafone Campus in Germany for $303 mn

Mirae Asset Daewoo likely to buy Vodafone Campus in Germany for $303 mn

South Korea’s brokerage firm Mirae Asset Daewoo Co. Ltd. was selected as a preferred buyer of the office tower of Vodafone Group in Dusseldorf, German...

Korean TV stars tipped to reap windfall from IPOs

A series of South Korean entertainment companies' public listings will likely create windfalls of up to tens of million dollars for Korean TV stars, i...

Ferrari, Stellantis head Elkann to visit Samsung for biz talks

John Elkann, chairman of both Italian luxury sports car manufacturer Ferrari S.p.A. and Dutch-domiciled multinational automaker Stellantis N.V. is set...

S.Korea corporate law reform gains bipartisan support Hyundai Rotem seals record $6.5 bn K2 tank deal with Poland IGIS Asset resumes sale of KIC-backed Shilla Stay Seodaemun The wait is over: BTS are back with new album, global tour in spring 2026 Taekwang, Anchor Equity shortlisted for Aekyung stake