Credit Suisse raises KOSPI target to 2,600 amid positive outlook for market recovery

Swiss-based investment bank Credit Suisse has raised its KOSPI target to 2,600 from 2,300 on August 19 on the back of the weakened US dollar and impro...

Europe’s residential property market to fare better than fixed income: Patrizia

Europe’s residential property market will likely continue to fare better than fixed-income assets on the prospect of interest rates remaining lo...

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 ...

Market keeps close watch on Korea's short-selling ban decision

Korea’s six-month ban on short selling is set to expire on September 15, fueling market chatter whether or not the country’s financial wat...

Korea’s money supply sees fastest growth in decade as foreigners return to stock market

South Korea’s money supply grew at a quicker pace in June than it has in a decade, as foreign investors, who shunned risky assets just following...

Hanon Systems eyes top spot in world’s car thermal management system market

Hanon Systems Corp., a South Korean auto parts maker, said on Wednesday it aims to become the world’s top supplier of automotive thermal and ene...

[Interview] Manga platform Piccoma ready to take over Japan's comics market

Manga platform Piccoma is gearing up to take over Japan’s massive digital comics market as the company continues to see prominent growth in its ...

Companies eye $2 bn sneaker resale market to lure next generation

Korea’s sneaker resale market is gaining traction as it becomes increasingly lucrative for buyers and sellers. The $2 billion sneaker resale mar...

Korea’s EV battery trio, led by LG Chem, emerge as market’s top picks

South Korea’s three electric-vehicle battery makers have become the local market’s top picks as their combined market capitalization nearl...

Samsung inches closer to Intel as chip market posts Q2 growth despite pandemic

Samsung Electronics Co. is seen narrowing its chip business revenue with Intel Corp. as the global semiconductor market continues to grow despite the ...

Carlyle to enter Korea’s reinsurance market with Korean Re for embattled insurers

The Carlyle Group has joined hands with Korean Re, the largest reinsurer in South Korea, to become the first co-reinsurance providers in a market esti...

Samsung narrows gaps fast with image sensor market leader Sony

Samsung Electronics Co. is narrowing gaps fast with Sony Corp., the global leader in image sensors, which are widely used in smartphone cameras and ot...

NPS returns shift to positive on stock market rebound

The National Pension Service has posted a 0.37% return as of the end of May, cancelling out the negative return of the previous four months as th...

Market view on Hyundai Motor takes a turn after Q2 earning surprise

The market's perception of Hyundai Motor Company has taken a turn, from considering the Korean automaker as a value stock to seeing it as a growth sto...

Korean household credit risk nears record-high

Korea's household credit risk hit the second-highest record for the upcoming third quarter, driven by impacts of the global pandemic wh...

Carlyle raises $600 mn for infra credit fund with top Korean banking groups

The Carlyle Group has raised $600 million for an infrastructure credit fund in South Korea jointly with two domestic financial services firms to lend ...

Korea’s IPO market gains steam amid global pandemic

SK Biopharmaceuticals Co. Ltd. made a strong market debut on the Korea Exchange, as the country's IPO market has been gaining steam with newly listed ...

NPS logs negative Q1 investment return on stock market plunge

The National Pension Service (NPS) reported a negative 6.08% return on investment in the first three months of this year, weighed down by double-digit...

IMM enters China’s infrastructure market with $40 mn investment

IMM Investment Corp. has acquired a minority stake in China’s private water supplier for $40 million, in the first investment by a South Korean ...

Stronghold Technology's smart roaster stirs up coffee market   

It's part of our morning routine, an afternoon pick-me-up and a good complement to an evening get-together with friends. We're talking about coffee. I...

[Dealmaker] Credit Suisse leads Korea's M&A advisory market

Credit Suisse arranged five buyout deals worth 5.2 trillion won ($4.4 billion) for SK Group’s units in 2019, which represented half of its M&...

Carlyle’s new credit fund draws $200 mn from Korea

Ten South Korean institutional investors have committed about $200 million to the Carlyle Group’s first credit opportunities fund which recently raise...

TIAA, Korean Teachers’ Credit to form 3rd JV with $510 mn capital

The Teachers Insurance and Annuity Association of America (TIAA) and the Korean Teachers’ Credit Union (KTCU) have reached a preliminary agreement to ...

Credit Suisse-led fund buys Korean logistics centers for $104 mn

A fund led by Credit Suisse Asset Management’s real estate investment arm has acquired two logistics centers in South Korea for 120 billion won ($104 ...

Korean LPs to lend $672 mn to Goldman Sachs’ credit fund

Mirae Asset Daewoo Co. Ltd. and seven institutional investors in South Korea will provide a senior loan of 600 million euros ($672 million) to Goldman...

[Interview] Carlyle sees niche in opportunistic credit for mid-teen returns

Opportunistic credit is becoming a growing form of credit strategy, offering steady mid-teen returns with a low principal loss risk, compared with s...

Korean firms in talks to buy Credit Suisse’s Canary Wharf office

A consortium of South Korean financial institutions has been in exclusive talks to buy the Canary Wharf headquarters of Credit Suisse Group in a deal ...

GSO Capital raises $511 mn in Europe mid-market CLO fund: report

GSO Capital Partners, the credit investment arm of the Blackstone Group, has raised 450 million euros ($511 million) in a Europe mid-market collateral...

[ASK 2018 SUMMIT] KIC eyes emerging markets, real estate debts

Korea Investment Corporation (KIC) will look to a broader range of emerging markets and consider investing in real estate debts to further diversify...

[Interview] Korean office building market set for further growth: Savills

South Korea’s office building market is poised to continue its record-breaking growth, buoyed by heavy money inflows from overseas investors and the c...