Stay disciplined, be more aggressive in 2023: PGIM Real Estate CEO

Stay disciplined, be more aggressive in 2023: PGIM Real Estate CEO

Investors often lose deals as they are too cautious or wait too long for values to go up to the exact point they expect. However, being too precise ...

Ideahub to launch new platform for individual investors of patents in Q1

Ideahub to launch new platform for individual investors of patents in Q1

In the next three months, South Korea's Ideahub is poised to launch a platform on which individual investors can also invest in patents.If all goes ...

Medicox, Oramed sign MOU to enlist more institutional investors

Medicox, Oramed sign MOU to enlist more institutional investors

South Korea's biomedicine firm Medicox Co. said on Monday that it had signed a strategic memorandum of understanding (MOU) with Oramed Pharmaceutica...

Koreans buy $2.7 billion Tesla shares this year, favorite foreign stock

Koreans buy $2.7 billion Tesla shares this year, favorite foreign stock

Tesla, Inc. was the investors’ choice in South Korea this year, ahead of other overseas stocks.According to the Korea Securities Depository he...

TIGER KEDI30 ETF tops Korean retail investors’ themed stock buy list

TIGER KEDI30 ETF tops Korean retail investors’ themed stock buy list

The TIGER KEDI30 ETF has topped the list of the most purchased exchange-traded funds (ETFs) by South Korea’s individual investors in the theme...

SK Innovation to inject $1.6 bn into SK On's rights offering

SK Innovation to inject $1.6 bn into SK On's rights offering

South Korea's top refiner SK Innovation Co. said on Dec. 21 it will invest 2 trillion won ($1.6 billion) in its electric battery maker unit SK On Co...

Korea to allow investors to sell stocks at pre-split-off values

Korea to allow investors to sell stocks at pre-split-off values

South Korea is set to allow individual shareholders to sell their stocks at prices before a split-off if they oppose a company’s separation pl...

Ndream, Wisenut start trading on K-OTC

Ndream, Wisenut start trading on K-OTC

Shares of South Korea's two tech startups, Ndream and Wisenut, will start trading on Korea's over-the-counter market, or K-OTC, on Thursday, the Kor...

S.Korea's e-commerce platform Plugo secures $9 million in investment

S.Korea's e-commerce platform Plugo secures $9 million in investment

South Korea's Plugo, a comprehensive e-commerce platform based in Singapore, has attracted $9 million in Series A investment, the Silicon Valley, Ca...

Leading S.Korean trade body, 31 brokerages urge delay in financial investment tax

Leading S.Korean trade body, 31 brokerages urge delay in financial investment tax

South Korea's Korea Financial Investment Association and 31 domestic securities companies on Sunday released a joint statement urging a delay in the...

Kyobo Life seeks to transition into financial holding company 

Kyobo Life seeks to transition into financial holding company 

South Korean life insurance behemoth Kyobo Life Insurance Co. is seeking to transition into a financial holding company to expand its business footh...

Private equity juggernauts bid for $758 million worth of KT Cloud shares

Private equity juggernauts bid for $758 million worth of KT Cloud shares

A number of private equity giants in South Korea and beyond are bidding for shares worth up to 1 trillion won ($758.2 million) in KT Cloud, a subsid...

SK On attracts $1 billion in investment

SK On attracts $1 billion in investment

SK On, the electric battery affiliate of Korea's petroleum, alternative energy and oil exploration corporation SK Innovation, has secured 1.3 trilli...

Upbit's decision to delist WEMIX ridiculous, WeMade CEO says

Upbit's decision to delist WEMIX ridiculous, WeMade CEO says

South Korea’s five major cryptocurrency exchanges said on Nov. 24 they will delist WEMIX, Kosdaq-listed game developer WeMade Co.’s cryp...

Medical data platform operator JNPMEDI raises $10 mn in Series A funding

Medical data platform operator JNPMEDI raises $10 mn in Series A funding

Medical data platform operator JNPMEDI Inc. announced on Tuesday that it raised 14 billion won ($10.3 million) in a Series A round. Pavilion Ca...

Lotte to replace construction unit CEO due to liquidity crisis

Lotte to replace construction unit CEO due to liquidity crisis

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...

BOK may increase rate by only 25 bps this week as won rebounds

BOK may increase rate by only 25 bps this week as won rebounds

South Korea’s central bank is likely to raise interest rates by only 25 basis points this week as its won currency may have bottomed out, easi...

Korean startup CEOs’ ethical scandals emerge as major risk factor

Korean startup CEOs’ ethical scandals emerge as major risk factor

Several South Korean startups have recently been hit hard by their CEOs’ unethical behavior and business-related misconduct, leading to a lo...

FTX implosion disrupts interest issuance by GOPAX product

FTX implosion disrupts interest issuance by GOPAX product

The implosion of the Bahamas-based crypto exchange FTX is causing ripple effects around the world, and South Korea is no exception.Seoul-based cry...

HMM’s shares undervalued despite $12.5 billion in cashable assets

HMM’s shares undervalued despite $12.5 billion in cashable assets

South Korea’s largest container line HMM Co. has seen its shares trapped in a boxed range for a protracted period despite its spectacular earn...

E-book platform Millie's Library drops IPO plan on tepid market interest

E-book platform Millie's Library drops IPO plan on tepid market interest

South Korean e-book platform Millie’s Library dropped its listing plan on Nov. 8 due to tepid demand from institutional investors, marking the...

SK IE Technology to embark on non-deal roadshow in Hog Kong, Singapore

SK IE Technology to embark on non-deal roadshow in Hog Kong, Singapore

SK IE Technology Co. (SKIET), a unit of South Korea’s energy and battery maker SK Innovation Co., said on Friday it is embarking on a non-deal...

Korea's stock deposits dip to lowest point since July 2020

Korea's stock deposits dip to lowest point since July 2020

Monthly average deposits for stock investment in South Korea are poised to drop below 50 trillion won ($35.1 billion) for the first time since July ...

Korea Post's insurance arm uses buyout, senior debt as core strategies

Korea Post's insurance arm uses buyout, senior debt as core strategies

Korea Post’s insurance bureau will maintain its core-satellite strategy in private equity and debt investments for both stable revenue streams...

Korea's $35 bn plan yet to ease Legoland default woes

Korea's $35 bn plan yet to ease Legoland default woes

South Korea’s $35 billion rescue plan provided a temporary painkiller to the domestic bond markets rattled by Legoland Korea developer’s...

Samsung Asset says to pursue global, active, bond-type ETFs

Samsung Asset says to pursue global, active, bond-type ETFs

Samsung Asset Management Co., South Korea’s largest exchange-traded fund (ETF) manager, will focus on global, active and bond-type ETFs, as we...

S.Korea exempts foreign investors from treasury bond tax

S.Korea exempts foreign investors from treasury bond tax

South Korea on Oct. 17 started exempting foreign investors from two types of taxes on Korean treasury bonds and monetary stabilization bonds investm...

Korea's Naver to ramp up global IR activity as stock continues decline

Korea's Naver to ramp up global IR activity as stock continues decline

South Korea’s online portal giant Naver Corp. is poised to hire an investor relations (IR) executive whose chief responsibility will be to com...

Korean corporate bond issuance hits 2022 monthly low in September

Korean corporate bond issuance hits 2022 monthly low in September

South Korean corporate bond issuance in September hit a monthly low this year on souring investor sentiment due to interest rate hikes.Corporate bon...

Tiger Alternative, Ocean West sell 7 warehouses in US for $1 bn

Tiger Alternative, Ocean West sell 7 warehouses in US for $1 bn

A consortium led by South Korea’s Tiger Alternative Investors Co. and Los Angeles-based real estate firm Ocean West Capital Partners sold seve...

Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A