NH Investment opens London affiliate to ramp up global IB business

NH Investment opens London affiliate to ramp up global IB business

NH Investment & Securities Co. has set up its affiliate incorporated in London, the South Korean major brokerage house announced on April 27. ...

Foreign ownership of Korean shares hits lowest level since 2010

Foreign ownership of Korean shares hits lowest level since 2010

Foreign investors’ holding rate in South Korea’s main bourse Kospi has plunged to the lowest level since 2010. The investors have dispos...

Dongwon restructuring plan faces shareholder backlash

Dongwon restructuring plan faces shareholder backlash

A South Korean leading seafood and logistics conglomerate Dongwon Group’s corporate restructuring plan hit a roadblock as institutional invest...

Global pension funds veto more of Korean firms' agendas

Global pension funds veto more of Korean firms' agendas

Global pension funds are expanding their influence as key shareholders of major companies in South Korea. Some of the world’s largest pensio...

SK Ecoplant's pre-IPO enjoys attention from wealthy individuals

SK Ecoplant's pre-IPO enjoys attention from wealthy individuals

The pre-initial public offering of SK Ecoplant Co., formerly known as SK Engineering & Construction Co., is becoming a hot topic in private bank...

Creator tech startup Awake Corp. attracts over $892,000 in seed funding 

Creator tech startup Awake Corp. attracts over $892,000 in seed funding 

Awake Corp., a startup that operates platforms to assist online creators, recently attracted 1.1 billion won ($892,473) in seed capital. The total a...

Samsung Heavy set for 2023 turnaround after eight years of losses

Samsung Heavy set for 2023 turnaround after eight years of losses

Samsung Heavy Industries Co., one of South Korea's Big Three shipbuilders, was once on the list of assets its parent Samsung Group wanted to sell to...

Brokerages reap big gains as investor-cum-underwriters

Brokerages reap big gains as investor-cum-underwriters

South Korean brokerage companies have been criticized for inflating corporate value and IPO prices to boost their underwriting fees. Now they are un...

JYP Entertainment stocks skyrocket 70% in three months

JYP Entertainment stocks skyrocket 70% in three months

Shares of JYP Entertainment Inc. have been skyrocketing in recent months. The record label stocks jumped more than 70% from its lowest price point s...

S.Korea’s retail investors put record amount in overseas stocks

S.Korea’s retail investors put record amount in overseas stocks

South Korea’s retail investors poured 22.9 trillion won ($18.8 billion) into purchasing overseas stocks last year, according to the country's ...

Korean PE firm in exclusive talks to buy golf grip brand SuperStroke

Korean PE firm in exclusive talks to buy golf grip brand SuperStroke

South Korea's Daol Private Equity, formerly known as KTB Private Equity, is in exclusive talks to buy the entirety of SuperStroke, a US golf grips m...

SaaS provider Clika wants to lead S. Korea's MLOps market

SaaS provider Clika wants to lead S. Korea's MLOps market

The wider adoption of artificial intelligence around the globe calls for more data in the form of high quality photos, videos, and text. With t...

MBK sees most productive year ever, returning $5.3 bn to investors

MBK sees most productive year ever, returning $5.3 bn to investors

MBK Partners will be bold in moving into more Asian markets this year, wrote the company's founder and chairman Michael ByungJu Kim, in his annual l...

NongHyup Life to issue $493 mn in subordinated bonds

NongHyup Life to issue $493 mn in subordinated bonds

NongHyup Life Insurance Co. of South Korea is slated to issue 10-year-maturity subordinated bonds worth 600 billion won ($492.6 million) on March 31...

S.Koreans boost Japanese yen savings to record high

S.Koreans boost Japanese yen savings to record high

The sliding yen has prompted South Korean importers and households to go bargain-hunting for the Japanese currency, which they believe is near its t...

MBK sees most productive year ever, returning $5.3 bn to investors

MBK sees most productive year ever, returning $5.3 bn to investors

MBK Partners will be bold in moving into more Asian markets this year, wrote the company's founder and chairman Michael ByungJu Kim, in his annual l...

Cosmetics shares rally amid hopes of eased social distancing

Cosmetics shares rally amid hopes of eased social distancing

Cosmetics and beauty shares are benefiting from president-elect Yoon Seok-yeol’s pledge to ease social distancing mandates. South Korean cosme...

Lotte Group’s confectionery and food shares jump 5% on merger news

Lotte Group’s confectionery and food shares jump 5% on merger news

Shares of both Lotte Confectionery and Lotte Food rose more than 5% Thursday on expectations of synergy effects from their upcoming merger. A d...

South Korea's 2021 outbound FDI at record-high $76 bn

South Korea's 2021 outbound FDI at record-high $76 bn

South Korea's outbound direct investment in 2021 soared 32.8% from the year previous to a record-high $75.9 billion, led by financial investors and ...

ETFs entice Korean investors amid volatile market

ETFs entice Korean investors amid volatile market

South Korean retail investors bought more exchange-traded funds (ETFs) than stocks on the country’s main Kospi in the last six months as the b...

Biotech startup Voronoi withdraws IPO plans

Biotech startup Voronoi withdraws IPO plans

South Korea’s biotechnology startup Voronoi Inc. scrapped its plan to go public this month. The new drug developer announced Wednesday it...

Offices in Gangnam attract global investors amid market volatility

Offices in Gangnam attract global investors amid market volatility

South Korean and overseas institutional investors are eyeing offices in Gangnam District, Seoul, amid concerns over inflation and market volatilit...

SK Group's PE-funded transformation in the spotlight

SK Group's PE-funded transformation in the spotlight

SK Group stands out from other South Korean conglomerates in making good use of private equity funds to raise money for business expansion.The count...

Korean content shares jump on Beijing’s eased restrictions 

Korean content shares jump on Beijing’s eased restrictions 

South Korean content shares finished Friday’s trade higher, buoyed by expectations of resumed exports to China and news that Disney+ will rele...

S.Koreans' global shareholdings at record $588.5 bn

S.Koreans' global shareholdings at record $588.5 bn

South Korean institutional and retail investors sharply raised their risk appetite last year, gobbling up Nasdaq-listed technology stocks such as Te...

K-pop shares rebound on return to offline concerts

K-pop shares rebound on return to offline concerts

Shares of major South Korean entertainment companies are on an upward trend this month. The rebound is thanks to eased COVID-19 restrictions leading...

WeMade to retire WEMIX cryptocurrency for investor value

WeMade to retire WEMIX cryptocurrency for investor value

WeMade Co., a South Korean game developer, plans to retire 2% of its cryptocurrency WEMIX in the next two weeks to bolster its value for investors, ...

Game stocks plunge in S. Korea, US 

Game stocks plunge in S. Korea, US 

Game shares in South Korea and the United States have plunged, hit by worse-than-expected earnings. Online game developers in Korea have also b...

CJ ENM shelves content split-off plan; shares rise

CJ ENM shelves content split-off plan; shares rise

South Korean entertainment powerhouse CJ ENM Co. has put its plan to split off its content business on the shelf in the face of growing opposition f...

TIGER KEDI30 sells out initial net assets on first trading day

TIGER KEDI30 sells out initial net assets on first trading day

Korean individual investors injected 9.5 billion won ($7.9 million) in TIGER KEDI Innovator ESG30 ETF on Feb 8, an exchange-traded fund (ETF) trac...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale