Metaverse emerges as promising yet uncertain new world for investors

Metaverse emerges as promising yet uncertain new world for investors

Virtual realms known as the metaverse that have become the hot topic for tech companies also are winning a new fan base among investors.SoftBank Gro...

NPS adds Warburg Pincus as real estate asset manager in Q3

NPS adds Warburg Pincus as real estate asset manager in Q3

The National Pension Service added New York-based private equity firm Warburg Pincus LLC to its pool of 58 global real estate investment manager...

CVC, Goldman among shortlisted investors in TVing

CVC, Goldman among shortlisted investors in TVing

CVC Capital and Goldman Sachs Principal Investment Area (PIA) are among the shortlisted investors in South Korea's over-the-top (OTT) streaming serv...

NFT, metaverse shares face correction, hit by high valuations

NFT, metaverse shares face correction, hit by high valuations

Financial shares related to the metaverse and non-fungible tokens, which have been on a surge in recent weeks, are seeing a correction. With forei...

Dunamu evolves from outlier to qualified investor in Woori

Dunamu evolves from outlier to qualified investor in Woori

"It caused quite a commotion in our industry." This was the common response by cryptocurrency exchange insiders to the news that Dunamu Inc., an ope...

Korea stocks see $2 bn inflow, stoking hopes for a foreigner comeback

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...

Koreans log $5.7 bn loss in Q3 from overseas stock investments

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...

Kyobo Life resumes IPO push amid protracted dispute with investors

Kyobo Life resumes IPO push amid protracted dispute with investors

Kyobo Life Insurance Co., South Korea’s third-largest life insurer, is resuming its push for an initial public offering amid a protracted lega...

Fractional investing platforms for art to Rolex lure VCs

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...

STIC invests $20 mn in e-commerce giant Tiki

STIC invests $20 mn in e-commerce giant Tiki

South Korean private equity firm STIC Investments Inc. has invested $20 million in Vietnam’s e-commerce giant Tiki Corporation’s serie...

MBK closes SSF II at $1.8 bn, largest Asian SSF since 2019

MBK closes SSF II at $1.8 bn, largest Asian SSF since 2019

South Korea’s MBK Partners, one of the largest private equity firms in Asia, said it has raised $1.8 billion for its second special situations...

Seoul commits $204 mn to attract foreign-invested firms by 2026

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...

Korea’s Netmarble Neo drops listing plan as sentiment sours

Korea’s Netmarble Neo drops listing plan as sentiment sours

South Korea’s game developer Netmarble Neo decided to withdraw its initial public offering plan as sentiment in the primary market sours amid ...

Foreign brokerages dominate S.Korea list of short sellers

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...

Naver, Mirae Asset ramp up investment in India’s promising startups

Naver, Mirae Asset ramp up investment in India’s promising startups

South Korea’s top online platform operator Naver Corp. and brokerage giant Mirae Asset Securities Co. are aggressively investing in promi...

Korea’s slated IPOs fail to attract investors

Korea’s slated IPOs fail to attract investors

Investor confidence has waned in South Korea in line with stock market instability. Stock prices of some newly listed companies have failed to mee...

Kakao Pay sets IPO price at top end on heated demand

Kakao Pay sets IPO price at top end on heated demand

Kakao Group’s payment services unit Kakao Pay Corp. set the initial public offering price at the top end of the proposed band thanks to strong...

Simone drops IPO on weak institutional investor demand

Simone drops IPO on weak institutional investor demand

South Korean Simone Acc. Collection Ltd. has withdrawn its initial public offering plan on lukewarm demand from institutional investors, investment ...

Enchem raises IPO price by a record 20% on strong investor demand

Enchem raises IPO price by a record 20% on strong investor demand

South Korea’s Enchem Co., which is working to list its shares on the Kosdaq market, has decided to raise its initial public offering price by ...

Are Korean battery materials stocks too expensive?

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...

S.Koreans' global stock, bond holdings at record high

S.Koreans' global stock, bond holdings at record high

South Korean investors maintained their buying spree in overseas equities and bond markets, with the balance of their holdings in both securities re...

Korean P2P lending platform 8Percent raises near $40 mn

Korean P2P lending platform 8Percent raises near $40 mn

South Korea-based online peer-to-peer lending platform 8Percent has secured 43.5 billion won ($38.3 million) in an investment round led by the Silic...

Won hits 15-month low as global inflation woes spur equity outflow

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...

Giving away patents not in line with capitalist society

Giving away patents not in line with capitalist society

WASHINGTON D.C. -- US-based biotechnology company Moderna Inc. wasn’t a household name until the beginning of last year, when its fate changed...

Samsung, SK Hynix to pay corporate taxes to foreign countries

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...

Korea stocks, won tumble as foreigners dump $1 bn in equity futures

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...

Market boom drives more S.Koreans to become angel investors

Market boom drives more S.Koreans to become angel investors

Angel investing has become widely prevalent among South Koreans. The practice of providing capital for new and small business ventures, which were t...

Korea’s top cryptocurrency exchange operator becomes decacorn

Korea’s top cryptocurrency exchange operator becomes decacorn

Dunamu Inc., the operator of South Korea’s top cryptocurrency exchange Upbit, became a decacorn, a company valued at over $10 billion.Dunamu h...

Tech crackdown bites Korea Inc.

Tech crackdown bites Korea Inc.

Investors are selling technology stocks in a major Asian economy on regulatory worries just as one of the country’s biggest online payment com...

Hydrogen: Next big thing for stock investors in Korea

Hydrogen: Next big thing for stock investors in Korea

In 2009, battery makers were barely on the radar in South Korea when it comes to stock investment. Back then, the rechargeable battery industry was ...

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 Korean commercial act revision to drive reevaluation of equities: J.P. Morgan