foreign net buying
Scope
Date
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Shareholder activism
KT&G to buy back shares, rejects Ginseng unit buyout offer
South Korean tobacco maker KT&G Corp. on Thursday unveiled a plan to buy back shares and pay dividends totaling 3.7 trillion won ($2.7 billion) ...
Nov 08, 2024 (Gmt+09:00)
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Korean Investors
In South Korea, cash is king on US election, Samsung uncertainties
South Korean investors are hoarding cash as Samsung Electronics Co., the world’s top memory chipmaker, hurts local stocks and uncertainties ov...
Nov 04, 2024 (Gmt+09:00)
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Korean food
Korean food appliance makers witness K-food fever in Europe
VIENNA – South Korea's small cooking appliance and beauty product makers gained certitude of their product quality and were convinced of...
Oct 31, 2024 (Gmt+09:00)
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Banking & Finance
S.Korea provides financial education for foreigners in bank
South Korea's Financial Supervisory Service (FSS) launched financial education for foreign residents at specialized bank branches for foreigners. T...
Oct 29, 2024 (Gmt+09:00)
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Banking & Finance
Korea's Hana Bank to promote foreigners as managers in overseas units
South Korean banks are set to reshuffle overseas units by promoting local staff to management positions, in a bid to boost the sluggish profitabilit...
Oct 28, 2024 (Gmt+09:00)
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Mergers & Acquisitions
MBK’s Korea Zinc takeover attempt to spur search for white knights
North Asia-focused private equity firm MBK Partners Ltd.’s attempt to take control of Korea Zinc Inc. and the country’s plan to require ...
Oct 27, 2024 (Gmt+09:00)
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Banking & Finance
KB Financial to use excess capital for share buybacks, dividends
KB Financial Group Inc., South Korea’s largest financial holding group, is set to use its excess capital for share buybacks and dividends next...
Oct 25, 2024 (Gmt+09:00)
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Venture capital
South Korean VCs in search of better returns abroad
South Korean venture capitalists’ appetite for foreign entrepreneurs shows no sign of waning as they continue to look for better returns overs...
Oct 23, 2024 (Gmt+09:00)
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Batteries
LG Elec builds EV chargers safety net for fire prevention
LG Electronics Inc. equipped its slow electric vehicle (EV) chargers with dual overcharge prevention technology to alleviate customer concerns and a...
Oct 21, 2024 (Gmt+09:00)
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Retail
Lotte Duty Free renews Tokyo Ginza Store
South Korea's Lotte Duty Free reopened its Tokyo Ginza Store in Tokyu Plaza Ginza on Wednesday after a complete renovation. This is the company's ...
Oct 17, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Sono Hospitality to buy stake in Air Premia to bolster airline portfolio
Sono Hospitality Group, South Korea’s largest resort operator, will add low-cost carrier Air Premia Inc. to its bulging portfolio after agreei...
Oct 15, 2024 (Gmt+09:00)
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Shareholder activism
Flashlight Capital offers to buy KT&G’s ginseng business for $1.4 billion
Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has offered to buy South Korean tobacco maker KT&G Corp.'s gin...
Oct 14, 2024 (Gmt+09:00)
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Korean stock market
Foreign appetite for Korean stocks wanes with $5.5 bn in September sales
Foreign investors' appetite for South Korean stocks turned sour with sales of 7.36 trillion won ($5.5 billion) worth of shares on the Korean bourse ...
Oct 11, 2024 (Gmt+09:00)
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Sovereign bonds
Korea to join FTSE Rusell bond index to attract $66 bn inflows
South Korea will be included in a global major bond index next year to attract an estimated $66 billion in capital inflows to Asia’s fourth-la...
Oct 09, 2024 (Gmt+09:00)
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Banking & Finance
Hanwha Securities buys 5.4% stake in Edinburgh Airport
Hanwha Investment & Securities said on Monday that it acquired a stake in Edinburgh Airport in Scotland.Edinburgh Airport is jointly owned by Gl...
Oct 07, 2024 (Gmt+09:00)
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Food & Beverage
Nongshim opens K-Ramyun supermarket in Myeongdong
South Korean food and beverage giant Nongshim Co. said on Monday that it opened a Korean-style ramyun experience store K-Ramen Supermarket with the ...
Oct 07, 2024 (Gmt+09:00)
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Culture & Trends
Suwon Hwaseong Cultural Festival to be promoted as global event
The South Korean Ministry of Culture, Sports, and Tourism said that the Suwon Hwaseong Cultural Festival, recently chosen as a Korea Representativ...
Oct 04, 2024 (Gmt+09:00)
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Travel & Leisure
Naver to upgrade Korean map service for foreigners
South Korean online giant Naver Corp. is set to upgrade its digital map service for foreigners to attract more global users as the domestic market g...
Oct 02, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc, Bain Capital offer $2.4 bn share buyback vs MBK
Korea Zinc Inc. said on Wednesday it will buy back shares for 3.1 trillion won ($2.4 billion) with the backing of Bain Capital to counter MBK Partne...
Oct 02, 2024 (Gmt+09:00)
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Research & Development
S.Korea to offer incentives to attract foreign scientists
South Korea will offer incentives including a 50% income tax cut to attract foreign scientists to develop new growth drivers such as artificial inte...
Sep 29, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Card launches debit cards for foreign residents in S.Korea
South Korea's Shinhan Card said on Friday that it has launched two debit cards exclusively for foreign residents in the country: the SOL Global Chec...
Sep 27, 2024 (Gmt+09:00)
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Banking & Finance
Woori Bank expands services for foreign customers in S.Korea
Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open o...
Sep 27, 2024 (Gmt+09:00)
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Asset management
Korea Securities to expand its ultra-high net worth business
Korea Investment & Securities announced on Thursday that it has signed a memorandum of understanding (MOU) with Arceon Group to strengthen its o...
Sep 26, 2024 (Gmt+09:00)
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Logistics
Hyundai Glovis, BYD seek strategic alliance on car exports
Hyundai Glovis Co. has inked a memorandum of understanding with China's No. 1 electric vehicle maker BYD Co. to form a strategic alliance on car tra...
Sep 25, 2024 (Gmt+09:00)
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Corporate bonds
Fed’s big rate cut spurs Korean firms to issue foreign bonds
South Korean companies rushed to issue foreign currency bonds after the US Federal Reserve lowered interest rates for the first time in more than fo...
Sep 25, 2024 (Gmt+09:00)
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Banking & Finance
Korea’s Hana Financial Group targets foreign customers
Hana Financial Group, South Korea’s third-largest financial holding company, is targeting foreign individual customers in the country with a d...
Sep 24, 2024 (Gmt+09:00)
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Banking & Finance
Hana Bank opens branch for foreign customers in Pyeongtaek
South Korea's Hana Bank said on Thursday that it opened a branch for foreigners in Pyeongtaek.The Pyeongtaek Foreign Customer Center, located in Pye...
Sep 20, 2024 (Gmt+09:00)
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Mergers & Acquisitions
KCGI buys control of Hanyang Securities for $166 mn
KCGI, a South Korean private equity firm, has agreed to buy a controlling stake in Hanyang Securities Co. for 220.3 billion won ($166 million), slig...
Sep 20, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc teams up with brokerage firm to counter MBK
Korea Zinc Inc. Chair Choi Yun-birm has joined hands with a major local securities firm in a counterattack against MBK Partners Ltd. and the company...
Sep 19, 2024 (Gmt+09:00)
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Food & Beverage
AB InBev's Oriental Brewery buys Jeju Soju from Shinsegae
Oriental Brewery Co. (OB), a unit of the world’s largest beer company AB InBev, agreed on Wednesday to purchase Jeju Soju from Shinsegae L&...
Sep 11, 2024 (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