LG Household continues cross-border M&A push in cosmetics market

LG Household continues cross-border M&A push in cosmetics market

LG Household & Health Care Ltd. was the most aggressive South Korean cosmetics firm in the cross-border M&A market between 2010 and 2019, with...

Studio Dragon sets sights overseas, $3.4 bn market cap possible: analyst

Studio Dragon sets sights overseas, $3.4 bn market cap possible: analyst

South Korea’s leading drama producer Studio Dragon Corp. is expected to post handsome earnings in coming years, boosted by a steady stream of jo...

Korea rises as production hub for coronavirus treatments; darling of global pharmas

Korea rises as production hub for coronavirus treatments; darling of global pharmas

South Korea is emerging as a global production base for coronavirus vaccines and medicine thanks to its comprehensive production facilities alongside ...

KOTAM to raise $800 million for global infrastructure credit investment

KOTAM to raise $800 million for global infrastructure credit investment

Korea Transportation Asset Management (KOTAM) is set to raise $800 million in a global infrastructure credit fund, which US-based I Squared Capital (I...

BOK to buy $4.2 bn in state bonds by year-end to stabilize debt market

BOK to buy $4.2 bn in state bonds by year-end to stabilize debt market

The Bank of Korea will buy state bonds worth 5 trillion won ($4.2 billion) directly from the market by the end of this year to stabilize the local deb...

KTCU bumps up global PE investment by 90% since end-2018

KTCU bumps up global PE investment by 90% since end-2018

The Korean Teachers’ Credit Union (KTCU) has pushed up overseas private equity investments by 90% to 1.9 trillion won ($1.6 billion) over the pa...

NPS adds six global alternative investment managers in Q2

NPS adds six global alternative investment managers in Q2

The National Pension Service has added three real estate investment firms, two infrastructure managers and one private equity and debt investment hous...

Korean battery makers take charge in global EV market outperforming rivals

Korean battery makers take charge in global EV market outperforming rivals

South Korean battery makers LG Chem Ltd., Samsung SDI Co., and SK Innovation Co. are steaming ahead in the global electric vehicle market pulling in a...

Global alternatives boost KTCU’s H1 investment returns

Global alternatives boost KTCU’s H1 investment returns

Alternative investments became the best-performing asset class for the Korean Teachers’ Credit Union (KTCU) in the first half of this year, retu...

Samsung pulls out of LCD panel market to bet on quantum dot OLED

Samsung pulls out of LCD panel market to bet on quantum dot OLED

Samsung Display Co. Ltd. has sold its LCD panel plant in China to China Star Optoelectronics Technology (CSOT) for $1.08 billion, withdrawing from the...

K-pop market remains bullish as entertainment shares soar

K-pop market remains bullish as entertainment shares soar

South Korean entertainment giants, SM Entertainment Co, YG Entertainment Inc, and JYP Entertainment Corporation, are sitting pretty as their share pri...

Corporate bankruptcy filings hit all-time high in Korea amid global pandemic

Corporate bankruptcy filings hit all-time high in Korea amid global pandemic

Corporate bankruptcy cases in July posted a historic high with 103 filings, mirroring the global impact of the pandemic and its heavy blow to Sou...

Record-high Q2 Korean household debt heats up property, stock markets

Record-high Q2 Korean household debt heats up property, stock markets

South Korea’s household debt surged to the highest level in its history in the second quarter of the year, led by soaring mortgage loans and sec...

How Korean platform giants disrupted the digital comics market with webtoons

How Korean platform giants disrupted the digital comics market with webtoons

South Korean webtoons (mobile and digital comics) are taking over the digital comics markets in Japan and the US. Market watchers claim it is&nbs...

Credit Suisse raises KOSPI target to 2,600 amid positive outlook for market recovery

Credit Suisse raises KOSPI target to 2,600 amid positive outlook for market recovery

Swiss-based investment bank Credit Suisse has raised its KOSPI target to 2,600 from 2,300 on August 19 on the back of the weakened US dollar and impro...

[RFP] POBA seeks two global fixed-income managers for $350 mn mandate

[RFP] POBA seeks two global fixed-income managers for $350 mn mandate

South Korea's Public Officials Benefit Association (POBA) plans to allocate a combined $350 million to two global fixed-income investment companies, i...

Europe’s residential property market to fare better than fixed income: Patrizia

Europe’s residential property market to fare better than fixed income: Patrizia

Europe’s residential property market will likely continue to fare better than fixed-income assets on the prospect of interest rates remaining lo...

Global partnership pushes Hanwha into final round of Aussie armored vehicle deal

Global partnership pushes Hanwha into final round of Aussie armored vehicle deal

Hanwha Defense Co. has reached the final stretch in a race to win Australia’s 5-trillion won (US$4.2 billion) project to buy new infantry fighti...

Billion-dollar deals likely to flood Korea’s M&A market in H2

Billion-dollar deals likely to flood Korea’s M&A market in H2

South Korea’s mergers and acquisitions market is expected to gain momentum toward the end of the year, as the coronavirus pandemic pushes large ...

Market keeps close watch on Korea's short-selling ban decision

Market keeps close watch on Korea's short-selling ban decision

Korea’s six-month ban on short selling is set to expire on September 15, fueling market chatter whether or not the country’s financial wat...

Korea’s money supply sees fastest growth in decade as foreigners return to stock market

Korea’s money supply sees fastest growth in decade as foreigners return to stock market

South Korea’s money supply grew at a quicker pace in June than it has in a decade, as foreign investors, who shunned risky assets just following...

Hanon Systems eyes top spot in world’s car thermal management system market

Hanon Systems eyes top spot in world’s car thermal management system market

Hanon Systems Corp., a South Korean auto parts maker, said on Wednesday it aims to become the world’s top supplier of automotive thermal and ene...

Korean shipyards retake global top spot in July with pricey LNG vessels

Korean shipyards retake global top spot in July with pricey LNG vessels

South Korean shipbuilders replaced their Chinese rivals to take the top spot in the global order book last month, thanks to their supremacy in buildin...

[Interview] Manga platform Piccoma ready to take over Japan's comics market

[Interview] Manga platform Piccoma ready to take over Japan's comics market

Manga platform Piccoma is gearing up to take over Japan’s massive digital comics market as the company continues to see prominent growth in its ...

Companies eye $2 bn sneaker resale market to lure next generation

Companies eye $2 bn sneaker resale market to lure next generation

Korea’s sneaker resale market is gaining traction as it becomes increasingly lucrative for buyers and sellers. The $2 billion sneaker resale mar...

Korean Air, Asiana log earnings surprises on cargo flights as global rivals record losses

Korean Air, Asiana log earnings surprises on cargo flights as global rivals record losses

Korean Air Lines Co. and Asiana Airlines Inc. have bucked the global trend of the devastating aviation industry and made rare quarterly profits, as th...

[Updated RFP] Korea Post seeks two global debt fund houses for $170 mn mandate

[Updated RFP] Korea Post seeks two global debt fund houses for $170 mn mandate

(On August 25, Korea Post extended the deadline for submitting proposals for its global debt investment mandate to August 31, 2020 from August 19, 202...

Korea’s EV battery trio, led by LG Chem, emerge as market’s top picks

Korea’s EV battery trio, led by LG Chem, emerge as market’s top picks

South Korea’s three electric-vehicle battery makers have become the local market’s top picks as their combined market capitalization nearl...

Samsung inches closer to Intel as chip market posts Q2 growth despite pandemic

Samsung inches closer to Intel as chip market posts Q2 growth despite pandemic

Samsung Electronics Co. is seen narrowing its chip business revenue with Intel Corp. as the global semiconductor market continues to grow despite the ...

Carlyle to enter Korea’s reinsurance market with Korean Re for embattled insurers

Carlyle to enter Korea’s reinsurance market with Korean Re for embattled insurers

The Carlyle Group has joined hands with Korean Re, the largest reinsurer in South Korea, to become the first co-reinsurance providers in a market esti...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation