debt issued by banks
Scope
Date
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Corporate restructuring
Telecom giant KT considers turning into holding company structure
KT Corp., a major South Korean telecommunications company, is considering changing into a holding company structure in an effort to boost the compan...
Apr 01, 2022 (Gmt+09:00)
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Korean stock market
Hyundai Motor shares set to rebound after hitting trough
South Korean top automaker Hyundai Motor Co.'s shares are poised for a rebound. On March 30, the stock rose by 2.55% to 181,000 won ($149.46), 11.73...
Mar 31, 2022 (Gmt+09:00)
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Companies
Kiturami Boiler bets on chip, battery facility systems
Choi Jin-min, founder and chairman of Kiturami Boiler Co., is one of the few living witnesses in South Korea's boiler history. At the age of 21, he ...
Mar 30, 2022 (Gmt+09:00)
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Corporate bonds
NongHyup Life to issue $493 mn in subordinated bonds
NongHyup Life Insurance Co. of South Korea is slated to issue 10-year-maturity subordinated bonds worth 600 billion won ($492.6 million) on March 31...
Mar 29, 2022 (Gmt+09:00)
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Insurance
Insurers rush to bolster equity capital to boost solvency
South Korea's key insurers are rushing to increase their equity capital ahead of two new solvency regulations set to take effect from Jan. 1, 2023. ...
Mar 24, 2022 (Gmt+09:00)
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Cryptocurrencies
SK tipped to be Korea's 1st group to issue digital coins
SK Square Co., the investment arm of SK Group, is working on issuing its own digital currency within the year, according to people with knowledge of...
Mar 23, 2022 (Gmt+09:00)
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Central bank
Korea names IMF official as new central bank head
South Korea on Wednesday nominated veteran International Monetary Fund official Rhee Chang-yong as the country’s new central bank chief, who i...
Mar 23, 2022 (Gmt+09:00)
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Banking & Finance
Korean online banks’ disruptive business model: Woo low-credit borrowers
South Korea’s three major digital banks are stepping up their credit loans to borrowers with low credit ratings, a disruptive business model s...
Mar 22, 2022 (Gmt+09:00)
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War in Ukraine
Korea to open temporary settlement lines for trade with Russia
South Korea plans to open temporary settlement lines between domestic banks and their units in Russia in order to help companies hit by multinationa...
Mar 18, 2022 (Gmt+09:00)
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Korean startups
Translink and Banks Foundation form $10 mn fund for S.Korean startups
South Korea’s venture capital firm Translink Investment and non-profit organization Banks Foundation for Young Entrepreneurs agreed to launch ...
Mar 14, 2022 (Gmt+09:00)
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War in Ukraine
Korean shipbuilders see material impact from sanctions on Russia
International sanctions on Russia over its invasion of Ukraine are set to have a material impact on South Korea’s three largest shipbuilders, ...
Mar 13, 2022 (Gmt+09:00)
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Korean startups
Bank of Wine: High-end wine investment in the form of digital assets
South Korea is the world’s second-most attractive wine market, outranked by only the United States, according to London-based consumer researc...
Mar 03, 2022 (Gmt+09:00)
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Infrastructure
Partners Group wins $620 mn Korean LPs mandate for infra
Some major institutional investors of South Korea have committed a combined $620 million to Partners Group’s third direct infrastructure progr...
Feb 25, 2022 (Gmt+09:00)
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Economy
BOK sees inflation at 11-year high as oil tops $100 on Ukraine crisis
South Korea’s central bank expects consumer inflation to hit an 11-year high this year as oil prices jumped above the $100 a barrel level for ...
Feb 24, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Korea approves Korean Air-Asiana merger; hurdles remain
The proposed merger of Korean Air Lines Co. and Asiana Airlines Inc. has moved one step closer to completion with approval by South Korea’s an...
Feb 22, 2022 (Gmt+09:00)
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Economy
Korea’s record household debt may hurt consumption
South Korea’s household debt hit a record on surging property prices, stoking concerns over a slowdown in private consumption in Asia’s ...
Feb 22, 2022 (Gmt+09:00)
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Economy
South Korea's working young teeter on brink of debt disaster
As the liquidity party is coming to an end, rising interest rates and falling asset values are highlighting concerns about household debt taken on b...
Feb 21, 2022 (Gmt+09:00)
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Korean Investors
92% of Korean LPs won't increase real estate exposure
Institutional investors of South Korea aim to increase their alternative assets, focusing on expanding private debt, according to a recent survey of...
Feb 21, 2022 (Gmt+09:00)
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Central bank
BOK’s mission impossible: To lower both inflation and govt bond yields
South Korea’s central bank is caught in a dilemma as it needs to raise interest rates to curb rising inflationary pressure in Asia’s fou...
Feb 15, 2022 (Gmt+09:00)
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Banking & Finance
Korean bank profits at record-high as borrowers struggle under debt
South Korea’s major banks posted record earnings last year, boosted by higher interest income amid the central bank’s easing monetary bi...
Feb 10, 2022 (Gmt+09:00)
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Korean startups
Nuvilab uses the latest tech to tackle age-old issue of food waste
South Korea’s food data analysis firm Nuvilab, Inc. is not a household name – at least yet. The startup is rather familiar to investors...
Feb 09, 2022 (Gmt+09:00)
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Korean stock market
TIGER KEDI30 sells out initial net assets on first trading day
Korean individual investors injected 9.5 billion won ($7.9 million) in TIGER KEDI Innovator ESG30 ETF on Feb 8, an exchange-traded fund (ETF) trac...
Feb 08, 2022 (Gmt+09:00)
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Banking & Finance
Money flows rush to safer assets in Korea
South Koreans are continuing their rush to safer assets with the balance of bank deposits, money market funds (MMFs) and cash management accounts (C...
Feb 07, 2022 (Gmt+09:00)
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Automobiles
Hyundai, Kia post record US car sales as Japanese firms struggle
Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their combined auto sales in the US rise to their highest leve...
Feb 03, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Barbarians at the gate: fraud-hit Osstem wooed by bankers
South Korea's Osstem Implant Co., battered by the country's largest-ever embezzlement scandal for a listed company, is now being courted by investme...
Jan 26, 2022 (Gmt+09:00)
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Cryptocurrencies
Bank of Korea to test CBDC on Samsung devices, not on iPhone
The Bank of Korea (BOK) will launch real-life, offline tests for a central bank digital currency (CBDC) project on Samsung Electronics Co.'s Galaxy ...
Jan 25, 2022 (Gmt+09:00)
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Corporate bonds
S.Korea's Jan. bond issues on track for record $6 bn
South Korean companies are ramping up their local bond issuances to finance expansion into low-carbon and contactless platform businesses, with stro...
Jan 23, 2022 (Gmt+09:00)
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Banking & Finance
Vietnam gives traction to Korean banks' global push
South Korea's leading banks began to reap the rewards of their efforts to become regional players in Asia, with their aggressive investments in Viet...
Jan 19, 2022 (Gmt+09:00)
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Corporate strategy
NTT DoCoMo sells $370 mn KT shares to Shinhan Bank
Japan's mobile phone operator NTT DoCoMo has sold all its shares in KT Corp., worth 437.5 billion won ($370 million), to Shinhan Bank which formed a...
Jan 18, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Creditors to unveil new plans next week to sell DSME
Creditor banks of South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) are mulling new ways to find a new owner of the debt-ridden ...
Jan 14, 2022 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet