pre-pandemic
Scope
Date
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Pension funds
NPS set to post 7% return on investment for 2020 amid pandemic
South Korea’s state pension fund is expected to post a 7% return on investment this year on the back of rebounding stock markets amid the COVI...
Dec 17, 2020 (Gmt+09:00)
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Automobiles
Tax cuts, pandemic lift imported car sales in Korea
Imported car sales in South Korea are on track to post a record high this year, benefiting from consumption tax cuts aimed at stimulating personal s...
Dec 03, 2020 (Gmt+09:00)
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Survey
Pandemics beat crime as S.Koreans’ top social threat
Pandemics and economic difficulty are cited as the biggest social risk factors by South Koreans, displacing crime and national security, which topped ...
Nov 19, 2020 (Gmt+09:00)
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Earnings
Companies listed on tech-heavy Kosdaq score high in Q3 on pandemic
South Korean companies listed on the tech-heavy Kosdaq market posted one of their best third quarters ever thanks to strong sales related to anti-viru...
Nov 19, 2020 (Gmt+09:00)
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Korean stock market
Investors eye Goldilocks stock market in 2021; Biden, pandemic negatives
South Korea’s stock markets are expected to continue their uptrend into next year, fueled by aggressive foreign buying on the back of strong cor...
Nov 17, 2020 (Gmt+09:00)
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Earnings
Pandemic lifts Naver's Q3 sales to all-time high, net profit triples
South Korea’s largest internet portal Naver Corp.’s third-quarter net profit nearly tripled, while its sales rose to a record high, driven...
Oct 29, 2020 (Gmt+09:00)
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Pre-IPOs
IMM, four other local PEFs shortlisted for CJ Olive Young pre-IPO
IMM Private Equity and four other South Korean private equity firms have been shortlisted for health and beauty franchise CJ Olive Young’s pre-i...
Oct 28, 2020 (Gmt+09:00)
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Unemployment rate
COVID-19 pandemic slams Korea’s job market; elderly workers rise
Hit hard by the fallout of the coronavirus pandemic, South Korea lost about 392,000 jobs in September, with the number of employed slipping for the se...
Oct 16, 2020 (Gmt+09:00)
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Pre-IPOs
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...
Oct 15, 2020 (Gmt+09:00)
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Central bank
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 ...
Oct 14, 2020 (Gmt+09:00)
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Darcy Paquet on Korean film
Word-of-mouth during a pandemic
I think we're all familiar with the phenomenon of a film that turns into a word-of-mouth hit. Some movies are huge on arrival, filling theaters on t...
Oct 09, 2020 (Gmt+09:00)
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Pre-IPO
SK Innovation’s battery arm secures $258 mn in pre-IPO placement
SK Innovation Co.’s wholly owned subsidiary SK IE Technology Co. (SK IET) is set to fetch 300 billion won ($257.6 million) in a pre-IPO placemen...
Sep 22, 2020 (Gmt+09:00)
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Foreign exchange
Korean won rebounds to pre-pandemic level; more gains seen until US election
The South Korean won leapt to its highest close in eight months against the dollar on Sept. 18, powered by foreign investors’ week-long stock bu...
Sep 18, 2020 (Gmt+09:00)
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Batteries
LG Chem says dual listing of battery subsidiary possible, rules out pre-IPO
South Korea’s LG Chem Ltd. may list its soon-to-be-launched battery subsidiary not just on the local bourse but also on overseas exchanges to ra...
Sep 18, 2020 (Gmt+09:00)
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Markets
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...
Sep 07, 2020 (Gmt+09:00)
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Pre-IPO
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...
Sep 03, 2020 (Gmt+09:00)
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Corporate bankruptcy
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...
Aug 21, 2020 (Gmt+09:00)
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IPO
SK to invest $300 million in ChinData Group by joining in pre-IPO share sale
SK Corp. is investing $300 million (360 billion won) in Chinese data center operator ChinData Group as the South Korean company seeks to benefit from ...
Aug 10, 2020 (Gmt+09:00)
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TPG, online portal Naver eyeing Korean drama producer’s pre-IPO share sale
The US private equity firm TPG Capital and South Korea’s top Internet portal Naver Corp. have participated in preliminary bidding for a pre-IPO ...
Aug 07, 2020 (Gmt+09:00)
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Samsung Electronics
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 ...
Aug 05, 2020 (Gmt+09:00)
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Logistics
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' ...
Jul 22, 2020 (Gmt+09:00)
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Tech, Media & Telecom
Why Korean online giants Kakao and Naver soar amid global pandemic
Shares of South Korean online giants Kakao Corp. and Naver Corp. recorded all-time highs last week, ahead of their quarterly earnings results and on e...
Jul 13, 2020 (Gmt+09:00)
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IPOs
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 ...
Jul 02, 2020 (Gmt+09:00)
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Carlyle offers $1.7 bn pre-arranged financing to sell ADT Korea
The Carlyle Group has offered 1.9 trillion won ($1.7 billion) in pre-arranged debt financing to potential bidders of its wholly-owned ADT Korea, in a ...
Nov 15, 2017 (Gmt+09:00)
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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...
Jul 28, 2017 (Gmt+09:00)
Latest News
- 1 SK Hynix leads Samsung in customized HBM; lands Nvidia, Microsoft deals
- 2 South Korea unveils $14.6 billion 2nd extra budget to reinvigorate economy
- 3 Mirae Asset debuts AI-recommended ETF on NYSE to invest in US bonds
- 4 POSCO inducted into World Steel Dynamics’ Hall of Fame
- 5 Lockheed Martin, KAI to expand partnership to future defense, aerospace tech