Korea's beauty chain pre-IPO attracts PEFs
South Korea's largest health and beauty franchise CJ Olive Young has received preliminary bids from around seven participants including global and dom...
Korea Post plans $87 mn US fixed income investment
Korea Post’s insurance arm is planning to select two asset management companies for around 100 billion won ($87.4 million) in US fixed-income in...
Bank of Korea keeps rate steady at record low; signaling no further action
The Bank of Korea has left its policy rate unchanged at a record low of 0.5% as was widely expected, citing a slow economic recovery amid the ongoing ...
Why a Biden presidency means more of the same with North Korea
If the Democratic Party candidate Joe Biden wins the US presidential election next month, as the polls suggest he will, many things will change. The g...
Brookfield's debt fund to raise $610 mn from Korea
Brookfield Infrastructure Partners will collect around 700 billion won ($610 million) from South Korean institutional investors for its second credit ...
Korea Does Matter: Why KED decided to go global
Korea Does Matter. This was one of many candidates for the name of our new global media outlet. Although we ended up going with our existing brand ...
Korea Investment acquires California-based office building worth $86 mn
Korea Investment & Securities Co. has acquired a luxury office building in Orange County, California valued at around 100 billion won ($86 million...
Korea’s biggest fried chicken brand aims to raise up to $61 mn in Nov. IPO
Kyochon F&B, South Korea’s No. 1 fried chicken franchise operator, plans to raise up to 71.3 billion won ($61 million) in an initial public ...
Gangneung, South Korea’s coffee capital
Wanna come to Gangneung for a sip of tasty coffee?For some 20 years, Gangneung has been the city of coffee for many Koreans.Located on the other side ...
Korea’s Hanjin Heavy up for sale, preliminary bidding by Oct. 26
Creditors of Hanjin Heavy Industries & Construction Co. will put the cash-strapped South Korean shipbuilder up for sale next month as the lenders ...
Kakao Pay set to be Korea's first mobile-payment fintech to go public
Kakao Pay Corp. is set to become South Korea’s first mobile-payment fintech company to go public as the company kicks off preparations for an in...
Foreign cloud service providers led by Amazon, MS play big in Korea
Global cloud service providers such as Amazon Web Services (AWS) are taking a greater share of South Korea’s serverless computing market, where ...
The four best time travels in Korea; Jeonju, Gunsan, Gochang, Buan
Jeonju A trip to the Joseon Dynasty with over 500 years of history!Young people wearing beautiful hanbok walk among traditional Korean houses se...
Korea’s mobile banking app KakaoBank to push for 2021 IPO
KakaoBank Corp., the mobile banking arm of South Korea’s online messaging app operator Kakao Corp., is planning an initial public offering next ...
Korea’s tractor and farm machinery maker envisions smart mobility firm
Daedong Industrial Co., South Korea’s leading tractor and farm machinery maker, aims to transform into a smart mobility company, applying a...
Korea’s ESG corporate bond issues on course to top $5 bn in 2020
South Korean companies’ issues of environmental, social and governance (ESG) bonds have almost doubled to 5.7 trillion won ($4.9 billion) so far...
S. Korea to grow green biotech industry to $10.6 bn by 2030; nurture talent
The South Korean government said on Sept. 21 that it will triple the size of the country’s green biotechnology industry over the next decade and...
S. Korea’s big companies rattled by retail investors’ growing influence
South Korea’s big companies such as Samsung, LG and Hyundai often make shareholder-friendly moves to accommodate institutional investors, who fl...
South Korea's real estate FDI climbs 7.3% in Q2
South Korea's outbound direct investment in real estate continued to grow in the second quarter, up 7.3% year on year, despite sharp falls in the...
Urgent need to expand Korea's EV charging infrastructure: lobby group
It is critical that the South Korean government and carmakers swiftly move to increase local charging stations for electric vehicles and secure raw ma...
S. Korea's Kakao Work to rival Slack, messenger platform apps
Kakao Enterprise Corp., the artificial intelligence service unit of South Korea’s Kakao Corp., has launched a business messenger platform to com...
Korea’s car-sharing platform becomes 12th unicorn following $42.5 mn injection
South Korea’s leading car-sharing platform Socar Inc. has become the country's 12th unicorn valued at around 1.1 trillion won after re...
Korea Investment near $120 mn deal to buy student housing in Texas
Korea Investment & Securities Co. Ltd. is close to acquiring a new student housing building near the University of Texas at Austin (UT Austin) for...
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 ...
Korea’s big data companies eye IPOs as investors flush with cash
Tech investors are set to be deluged with initial public offerings as South Korea’s big data companies are pushing to list their shares amid a d...
Export-Import Bank of Korea sells $500 mn euro bonds with negative yield
The Export-Import Bank of Korea (KEXIM) has issued euro-currency bonds worth $500 million at a negative interest rate, the bank said on Sept. 15, less...
South Korea sells $827 mn worth of euro-currency bonds with negative yield
The South Korean government has issued euro-denominated bonds worth 700 million euros ($827 million) at a negative interest rate, becoming the first n...
Korea state agency to sell up to 10% Woori Financial stake in block deal
The Korea Deposit Insurance Corp. (KDIC) has resumed the ongoing sale process of its 17.25% stake in Woori Financial Group in four years. It will offe...
Korea’s major companies’ Q2 overseas sales drop 20% due to pandemic
South Korea’s top 100 companies saw their overseas sales shrink by a fifth in the second quarter from the year-earlier period, weighed by the fa...
Korea's largest H&B franchise launches pre-IPO targeting PEFs
South Korean health and beauty franchise CJ Olive Young has sent teaser letters to potential buyers, including domestic and overseas private equity fu...
