Merger reviews hit record high in H1 with 424 cases worth $125.5 bn

The number of merger reviews has hit a record high in Korea for the first half of the year, with 424 filings made to the Korea Fair Trade Commission (...

Korea’s economically inactive population rises to record high in July

Hit hardest by the fallout of the coronavirus pandemic, South Korea’s jobless rate rose to the highest level in two decades, while many people w...

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...

Kospi's 12-month P/E ratio hits a 13-year high

Kospi has posted a 13-year high with 12-month forward price-earnings ratio recording 12.84 times on August 6, according to financial data provide...

Hyundai Motor, LG to unveil jointly developed future car interior concept next month

Hyundai Motor Co. and LG Electronics Inc. have jointly developed the interior concept of a future car, further consolidating their cooperation in self...

Korean logistics centers see high demand from untact businesses amid global pandemic

Logistics center operations in Korea have remained strong amid the global pandemic on account of e-commerce and third-party logistics' ...

Unsold corporate bonds may hit a record-high in seven years

Institutional investors are becoming wary of investing in Korean corporate bonds due to uncertainties caused by the coronavirus. As of July 20, t...

Korean household credit risk nears record-high

Korea's household credit risk hit the second-highest record for the upcoming third quarter, driven by impacts of the global pandemic wh...

Shinsegae International acquires a 100% stake in high-end cosmetics brand Swiss Perfection

 Korean fashion and beauty business Shinsegae International Co., Ltd has acquired a 100% stake in Swiss Perfection, a high-end cosmetics brand ba...

NPS pays hefty performance bonus after strongest 2019 return

The National Pension Service is paying handsome performance bonuses to its internal investment staff after the world’s third-largest pension fun...

Foreign investors’ holding of South Korean bonds at record high of $115 bn

Foreign investors continued to buy South Korean bonds such as treasuries and monetary stabilization bonds for a fourth consecutive month in April, wit...

NPS’ investment return at all-time high in 2019; alternatives lag

The National Pension Service (NPS) achieved its strongest investment return of 11.31% in 2019, led by hefty gains from equities and overseas fixed-inc...

Hyundai, Santander to acquire German car rental firm for $170 mn

Spain’s Banco Santander and Hyundai Capital Services Inc. have decided to buy a controlling stake in Sixt Leasing SE, a unit of German car renta...

NPS' 2019 investment return at 10-yr high on equities, fixed incomes

The National Pension Service (NPS) reported a preliminary 11% return on investments in 2019, its best annual result in a decade, supported by double-d...

Hanwha Group units underwrite $240 mn debt on US car park operator

Hanwha Investment & Securities Co. Ltd. and two other financial arms of South Korea’s Hanwha Group have underwritten $240 million of a 30-year deb...

Hana Fin to buy stake in French car park company from Ardian

Hana Financial Investment Co. Ltd. has agreed to buy a 15% stake in France’s leading car park operator Indigo Group from Ardian through a co-investmen...

NPS’ 2017 investment return at 7-yr high; to wrap up CIO selection in April

The National Pension Service (NPS) chalked up an average investment return of 7.26% in 2017, which was its strongest performance in seven years, while...

Meritz Real Estate underwrites $53 mn debt on luxury high rise in Manhattan

Meritz Real Estate Asset Management Co. Ltd. has underwritten five-year senior debt of 57.5 billion won ($53 million) secured on a super-luxury, 131-s...

[ASK 2017 SUMMIT] KIC CIO shrugs off high valuation talk; seeks new approach

Korea Investment Corporation’s (KIC) Chief Investment Officer Shinwoo Kang said the sovereign wealth fund is seeking transformative ideas to make them...

Korean investors may own half of UK high-speed railway after UK firms’ resale

After the National Pension Service (NPS) agreed to buy a 30% stake in Britain’s High Speed 1 (HS1) for around 400 billion won ($355 million) in July, ...

KKR makes pre-IPO investment in Korean car parts makers in $940 mn deal

Private equity firm KKR & Co. has signed an agreement to buy a stake in a South Korean automotive parts maker and acquire a copper foil unit to be...

NPS to buy stake in UK high-speed railway for $350 mn in InfraRed-led investment

South Korea’s National Pension Service (NPS) is expected to invest around 400 billion won ($353 million) in acquiring a 30% stake in Britain’s High Sp...

ILS funds of funds attract Korean high net-worth individuals

Funds of funds (FoFs) investing in insurance-linked securities (ILS) funds have been luring yield-hungry wealthy South Koreans, with domestic brokerag...

[ASK 2016 SUMMIT] S.Korea LPs say performance, communication as key elements for hedge fund GPs

- MMAA sees active portfolio rebalancing as key requirements for hedge funds; prefers advisory firm that can accord with MMAA strategy via communicati...

high-yield bonds

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DO NOT PUBLISH, BUT EDIT- BOK defies big step rate hike view on recession fears

South Korea’s central bank on Wednesday defied expectations of a big step rate hike by raising the interest rate by 25 basis points (bps) desp...

Korean fruits keep high performance despite bad export situation

"Shinwha," a pear that's sweet and juicy even after 30 days at room temperature, "Kingsberry" with a subtle peach scent, and "Sweet Gold," a kiwifru...

US to send Its biggest sub to Korean Peninsula in message to North and South

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Shinhan Securities leads M&A financing for Trench Group acquisition (edited)

Shinhan Securities Co. announced on Monday that it participated as the lead arranger in the merger and acquisition (M&A) financing of Trench Gro...

SK Hynix raises $1.5 bn in foreign bonds amid high demand

SK Hynix Inc., the world’s second-largest memory chipmaker, has raised $1.5 billion in foreign currency bonds, with the debt offering four tim...