Korea’s ruling party seeks to extend short-selling ban, revise relevant rules

South Korea’s ruling party is pursuing an extension of the temporary short-selling ban set to expire mid-September. It is simultaneously prepari...

Korea’s state pension fund needs split to improve efficiency: National Assembly report

The National Pension Service needs to be split to enhance the efficiency of the South Korean state pension fund’s operations and reduce its heav...

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

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...

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...

Korea’s reliance on semiconductor chips increases economic vulnerability: FKI

South Korea’s heavy dependence on semiconductor chips and its concentration on the US and China for exports pose a greater risk to the export-or...

OECD upgrades Korea’s growth outlook to -0.8%, mildest among member countries

South Korea's economy is likely to shrink less than expected this year, thanks to its successful response to the coronavirus pandemic, according to th...

Korea’s July jobless claims hit $1 bn; insurance funds’ deficit to widen

South Korea's jobless claims payments topped 1 trillion won ($842 million) for the third consecutive month in July, threatening to widen the shortfall...

[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

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

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...

Foreigners’ Jan-May Korea apartment purchases top $1 bn on buying spree

Foreign investors have stepped up apartment purchases in South Korea in recent years, adding fuel to the already heated residential property market wh...

South Korea’s inflation rate turns higher for first time in 3 months in July

South Korea's headline inflation edged up for the first time in three months in July amid signs of a recovery in consumer sentiment, but still remaine...

[RFP] Korea Post plans to invest $200 mn in real estate mezzanine debt

Korea Post’s insurance arm is looking for one or two real estate debt managers to invest $200 million in mezzanine debt, for which it is plannin...

IPO of Korea’s first overseas property-backed REIT receives tepid response

The initial public offering of JR Global REIT, set to be South Korea’s first listed REIT backed by overseas property, was undersubscribed 0.23 t...

[Economy] Korea exports drop by 16.6% hitting the lowest in 56 years

South Korea's exports have plunged 16.6% during the second quarter, hitting the lowest record in 56 years since the fourth quarter of 1963 when it fel...

Korea’s Aussie property fund seller seeks damages for reimbursement

KB Securities Co. Ltd. has claimed damages arising from the alleged breach of contract over an Australian real investment fund after it returned 90.4 ...

Bank of Korea keeps policy rate unchanged; no signal of further action

The Bank of Korea (BOK) left the benchmark rate unchanged at a record low of 0.5% as expected on July 16, citing the slowing economy and the overheate...

Korea’s IPO market gains steam amid global pandemic

SK Biopharmaceuticals Co. Ltd. made a strong market debut on the Korea Exchange, as the country's IPO market has been gaining steam with newly listed ...

KIC to form alternatives joint fund with Korea’s NongHyup

Korea Investment Corporation (KIC) is preparing to launch a joint fund with NongHyup, or the National Agricultural Cooperative Federation, to invest i...

JPMorgan tops Korea’s H1 M&A advisor list with Prudential deal

Prudential Financial Inc.’s 2.3 trillion won ($1.9 billion) sale of its South Korean unit dominated the country’s M&A advisory market ...

Korea's first neurosurgery robot to debut; to seek FDA approval

Koh Young Technology Inc., a 3D inspection device maker in South Korea, has commercialized a neurosurgical robotics system for the second time in the ...

Export-Import Bank of Korea ups Aussie bond sale size to $460 mn on demand

The Export-Import Bank of Korea (KEXIM) has nearly doubled the size of its planned new bond sale in Australia to A$700 million ($460 million) on stron...

[Interview] Korea local govts' pension hunts for bargains as valuation concern eased: CIO

The Public Officials Benefit Association (POBA) is shifting away from a defensive stance to put its increased cash to work as the asset price declines...

[RFP] Korea Post seeks PE secondary funds for $200 mn mandate

Korea Post’s insurance arm plans to select two global private equity funds to invest up to $200 million in private equity secondary markets in 2...

Morgan Stanley PE cashes in on coronavirus spread in Korea

Morgan Stanley Private Equity has pocketed around 19 billion won ($16 million) in gains by cashing out a portion of its shares in a South Korean mask ...

[Dealmaker] Unison Capital shines in Korea’s niche sectors

Middle market-focused Unison Capital Inc. stood out in South Korea’s buyout market in 2019 with two lucrative exits and two startup acquisitions...

KKR secures $1.2 bn exits in Korea for two Asia funds

KKR & Co. has sold a modern logistics facility it had developed in a South Korean port in a transaction estimated to be worth more than 200 billio...

[Dealmaker] Credit Suisse leads Korea's M&A advisory market

Credit Suisse arranged five buyout deals worth 5.2 trillion won ($4.4 billion) for SK Group’s units in 2019, which represented half of its M&...

Korea’s Europe property investment hits record; France takes one-third

South Korean institutions, including pension funds and insurance companies, poured a record 12.5 billion euros ($14 billion) into Europe’s real ...