foreign domestic helper
Scope
Date
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Markets
Year-end inflow to Korean main bourse sign of foreigner comeback?
Foreign investors are poised to extend their buying spree in South Korea’s main stock market to a sixth straight session, spurring hopes for t...
Dec 08, 2021 (Gmt+09:00)
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Cryptocurrencies
Domestic NFT art sale surpasses 3.5 bitcoin; concerns of market turbulence
Last week, a piece of non-fungible token art by digital artist Jang Koal was sold for more than 3.5 bitcoin or around 200 million won ($168,314) on ...
Nov 30, 2021 (Gmt+09:00)
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Mergers & Acquisitions
S.Korea leaves Asian crisis behind with Woori privatization
Two decades after the onset of the 1997-98 Asian financial crisis, the state-run Korea Deposit Insurance Corporation (KDIC) is finally set to privat...
Nov 22, 2021 (Gmt+09:00)
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Aerospace & Defense
Korea closer to independent satellite technology
South Korea has developed its own signal control system for a radar reconnaissance satellite to be launched next year, the system being a key techno...
Nov 22, 2021 (Gmt+09:00)
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Korean stock market
Korea stocks see $2 bn inflow, stoking hopes for a foreigner comeback
Foreign investors have absorbed $2 billion in South Korean stock markets so far in November, spurring hopes of a foreign comeback, although doubts r...
Nov 19, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Carlyle buys coffee franchise A Twosome Place for over $800 mn
The Carlyle Group has bought South Korea's No. 2 coffeehouse chain A Twosome Place from Anchor Equity Partners, saying it would "capture the signifi...
Nov 19, 2021 (Gmt+09:00)
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Markets
Koreans log $5.7 bn loss in Q3 from overseas stock investments
South Korean investors suffered a $5.7 billion loss in the third quarter from overseas stock investments on weak foreign shares. Individual investor...
Nov 18, 2021 (Gmt+09:00)
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Venture capital
Fractional investing platforms for art to Rolex lure VCs
The growing popularity of fractional investment in celebrated artworks, music copyrights and luxury items has spurred a flurry of venture capital in...
Nov 17, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Amazon poised for Fire tablet launch in Korea next year
Amazon, the world’s largest online shopping mall, is set to release its own Fire tablets in South Korea from as early as next year, penetratin...
Nov 15, 2021 (Gmt+09:00)
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Korean stock market
Seoul commits $204 mn to attract foreign-invested firms by 2026
Foreign-invested enterprises (FIEs) to be set up in Seoul, South Korea from 2022 will receive increased incentives and reduction in office rent, acc...
Nov 11, 2021 (Gmt+09:00)
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Short selling
Foreign brokerages dominate S.Korea list of short sellers
Foreign brokerage companies have dominated the list of short sellers in South Korean stock markets since the short-selling ban was lifted on large-c...
Nov 01, 2021 (Gmt+09:00)
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Batteries
Are Korean battery materials stocks too expensive?
South Korean battery materials shares have rallied with their market capitalization nearly doubling since early January thanks to strong growth in t...
Oct 19, 2021 (Gmt+09:00)
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Hydrogen economy
SK to form 'turquoise' hydrogen JV in Korea with Monolith
SK Inc., the holding and investment company of South Korea’s SK Group, agreed to establish a 'turquoise' hydrogen joint venture in the country...
Oct 13, 2021 (Gmt+09:00)
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Foreign exchange
Won hits 15-month low as global inflation woes spur equity outflow
The South Korean won weakened past the psychologically important 1,200 per dollar mark for the first time in 15 months as growing worries about glob...
Oct 12, 2021 (Gmt+09:00)
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Taxation
Samsung, SK Hynix to pay corporate taxes to foreign countries
South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...
Oct 10, 2021 (Gmt+09:00)
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E-commerce
Korea's first-generation platforms collapse, ringing in new e-commerce era
South Korea's first-generation e-commerce platforms, which have been around since the 1990s, are rushing to sell off their businesses as their valua...
Oct 05, 2021 (Gmt+09:00)
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Alternative food
SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day
SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...
Oct 01, 2021 (Gmt+09:00)
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Foreign exchange
Korea stocks, won tumble as foreigners dump $1 bn in equity futures
South Korean stocks and the won currency lost ground with the main Kospi ending below the 3,100 mark for the first time in five weeks as foreign inv...
Sep 28, 2021 (Gmt+09:00)
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Retail
StockX enters Korea's resale market, poses threat to domestic platforms
The rapid growth of the resale scene in South Korea has driven the world’s No. 1 resale platform, StockX, to venture into the country, signali...
Sep 28, 2021 (Gmt+09:00)
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Real estate
Seoul Q2 office prices rise at fastest rate in 10 yrs
Seoul office building prices rose at their strongest rate in 10 years in the second quarter of this year, driven by domestic investors as the Seoul ...
Sep 11, 2021 (Gmt+09:00)
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Mergers & Acquisitions
TikTok owner ByteDance in talks to invest $43 mn in Korea’s KidariStudio
South Korea’s online content platform KidariStudio Inc. will likely attract 50 billion won ($43 million) from China’s ByteDance Ltd., th...
Sep 06, 2021 (Gmt+09:00)
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Korean stock market
S.Korean millennials rush on Nasdaq and NYSE amid sluggish Kospi
South Korean millennials in their 20s and 30s are rushing to Nasdaq and the New York Stock Exchange (NYSE) amid skyrocketing real estate prices in t...
Aug 27, 2021 (Gmt+09:00)
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Pension funds
NPS to cut outsourcing of foreign bond investments
South Korea’s National Pension Service, the world’s third-largest pension fund, was set to reduce outsourcing of foreign bond investment...
Aug 25, 2021 (Gmt+09:00)
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RFPs
POBA invites bids for $400 mn multi-asset mandates
South Korea's Public Officials Benefit Association (POBA) will commit $400 million to two multi-asset funds this year, in its first investment in th...
Aug 24, 2021 (Gmt+09:00)
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Korean startups
AI edtech startup KidsLoop joins unicorn club
Artificial intelligence-based education is similar to self-driving cars, which select the optimal transportation routes for their drivers, according...
Aug 23, 2021 (Gmt+09:00)
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Markets
Koreans foreign stock holdings jump to record $545.4 bn
South Koreans’ foreign stock holdings jumped 50% to an all-time high as retail investors sought high returns from US shares whose gains ramped...
Aug 20, 2021 (Gmt+09:00)
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Foreign exchange
Korean won at 11-month low as foreigners dump $6.1 bn in stocks this week
The South Korean won tumbled to a near 11-month low as foreign investors dumped $6.1 billion in local stocks this week much more than their total se...
Aug 13, 2021 (Gmt+09:00)
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Korean startups
Kia invests $9 mn in fintech startup Banksalad
South Korea's major automaker Kia Corp. is set to invest 10 billion won ($8.7 million) in Banksalad Co.'s Series D funding round as the company ai...
Aug 09, 2021 (Gmt+09:00)
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Pension funds
Korean pension funds log above-benchmark H1 returns
South Korea's major pension funds have posted robust investment returns above their benchmarks in the first half of this year, driven by double-digi...
Aug 09, 2021 (Gmt+09:00)
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Private equity
MBK sees new opportunities in China's regulatory risk
China's regulatory crackdown on Chinese technology and private education companies is driving up the level of volatility and creating mispricing in ...
Aug 09, 2021 (Gmt+09:00)
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