LS Materials’ share price quadruples on Kosdaq debut

LS Materials’ share price quadruples on Kosdaq debut

The share price of LS Materials Co., a South Korean energy storage device maker, quadrupled on its Kosdaq market debut Wednesday given its rosy earn...

EcoPro Materials, Doosan Robotics heat up Korean IPO market

EcoPro Materials, Doosan Robotics heat up Korean IPO market

South Korea’s initial public offering market is recovering as EcoPro Materials Co., Doosan Robotics Inc. and other newly listed jackpot shares...

E-Mart opens 3rd store in Vietnam, spurs K-food marketing

E-Mart opens 3rd store in Vietnam, spurs K-food marketing

South Korea’s E-Mart Inc. will open its new hypermarket in Ho Chi Minh City on Dec. 7, accelerating sales of its private label No Brand produc...

Seoul to build huge two-ring Ferris wheel for $700 mn

Seoul to build huge two-ring Ferris wheel for $700 mn

The Seoul Metropolitan Government on Sunday unveiled the design of a Ferris wheel, tentatively named Seoul Twin Eye, which it plans to complete by 2...

SK gives up e-commerce platform management

SK gives up e-commerce platform management

SK Group, South Korea's No. 2 conglomerate, gave up its online retail platform 11Street Co. as financial investors are now able to sell off their st...

EcoPro Materials' Kospi debut draws investors for short-term gains

EcoPro Materials' Kospi debut draws investors for short-term gains

Shares in EcoPro Materials Co., South Korean battery materials maker EcoPro Group’s unit that went public on Nov. 17, are skyrocketing as reta...

Korea to invest $200 mn in new drugs, vaccines by 2028

Korea to invest $200 mn in new drugs, vaccines by 2028

South Korea’s health ministry will allocate 261.6 billion won ($200.2 million) for two funds over the next four years to boost private sector ...

Korean ELS investors biting nails over sharp falls in Hong Kong shares

Korean ELS investors biting nails over sharp falls in Hong Kong shares

Chinese shares listed on the Hong Kong bourse have fallen sharply so far this year, placing the city’s main stock index, the HSCEI, among the ...

Hanwha Systems to launch small SAR satellite by year-end

Hanwha Systems to launch small SAR satellite by year-end

South Korea's Hanwha Systems Co. announced on Wednesday that it plans to launch its own small synthetic aperture radar (SAR) satellite by the end of...

Beware political risk, No.1 factor in Korea Discount

Beware political risk, No.1 factor in Korea Discount

Corporate governance and management transparency have long been the big issues influencing the so-called Korea Discount, alongside labor strife and ...

Investors roundtable: Watch out for a possible recession

Investors roundtable: Watch out for a possible recession

Investors should carefully watch out for the probability of recession and how it will impact asset allocation strategies next year, experts said at ...

Shinhan offers $77 mn debts in merger of Vistra, Tricor

Shinhan offers $77 mn debts in merger of Vistra, Tricor

South Korea's Shinhan Investment & Securities Co. said on Wednesday that it has led the merger of financial services firms Vistra and Tricor in ...

Disgruntled investors accuse Fadu of blowing smoke

Disgruntled investors accuse Fadu of blowing smoke

Fadu Inc., the first unicorn in the South Korean semiconductor sector, which had a triumphant market debut three months ago, is facing the backlash ...

Hyundai E&C to form private-public partnership for US solar power

Hyundai E&C to form private-public partnership for US solar power

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C), Korea Midland Power Co., and the Korea Overseas Infrastructure & Urb...

Mirae Asset hit by ex-asset manager's misconduct

Mirae Asset hit by ex-asset manager's misconduct

Mirae Asset Securities Co., South Korea’s largest brokerage firm, found in June that a senior manager at its alternative investment division h...

S.Korea's SKC to sell fine ceramic business for $270 mn

S.Korea's SKC to sell fine ceramic business for $270 mn

South Korea's SKC Ltd. announced on Tuesday it will sell the fine ceramics business of its subsidiary SK enpulse, a semiconductor materials investme...

SK Networks invests $20.7 mn in pet care startup

SK Networks invests $20.7 mn in pet care startup

South Korean trading firm SK Networks Co. announced on Monday it has completed a 28-billion-won ($20.7 million) investment in the domestic pet care ...

Digital infrastructure as essential as water today: asset managers

Digital infrastructure as essential as water today: asset managers

Digital assets are important components of change in the infrastructure investment landscape today and are as essential as water and electricity, ex...

Prepare for long-term, illiquid asset management: Korean investors

Prepare for long-term, illiquid asset management: Korean investors

South Korean institutional investors said they are preparing for prolonged high interest rates and market uncertainty, building mid- to long-term pl...

Naver succeeds in issuing $133 mn Samurai bonds

Naver succeeds in issuing $133 mn Samurai bonds

South Korea's Naver Corp. announced on Thursday it successfully issued Samurai bonds, becoming the first global IT company to do so. Naver's debut...

Whole loans offer funding solution for stretched borrowers: Savills IM

Whole loans offer funding solution for stretched borrowers: Savills IM

Despite the challenging economic environment, there are still plenty of opportunities for profit in commercial real estate, notably through debt i...

POBA to increase long-term private credit investments

POBA to increase long-term private credit investments

South Korea’s Public Officials Benefit Association (POBA) will step up its private credit and bonds until next year as it expects high interes...

Stability prioritized over risk-taking assets: Korean investors

Stability prioritized over risk-taking assets: Korean investors

South Korean institutional investors increased private lending as interest rates stay higher for longer, while tapping into the secondary market for...

NPS to expand listed REIT, private debt investments

NPS to expand listed REIT, private debt investments

South Korea’s National Pension Service (NPS) will increase investing in real estate debt and listed real estate investment trusts (REITs) next...

S.Korean public sector's ICT systems to fully convert to cloud

S.Korean public sector's ICT systems to fully convert to cloud

South Korea’s public sector, barring extenuating circumstances, will build its information and communications (ICT) systems in private clouds ...

KIC eyes private debt, infrastructure in era of high interest rates

KIC eyes private debt, infrastructure in era of high interest rates

Sovereign wealth fund Korea Investment Corp. (KIC) is eyeing infrastructure and private debt in the era of higher-for-longer interest rates, while m...

Alternative investment forum ASK 2023 to begin Oct. 25 in Seoul

Alternative investment forum ASK 2023 to begin Oct. 25 in Seoul

Major institutional investors in South Korea and global asset managers will share their views on the world economy and asset allocation strategies a...

Korea steps up pressure on private sector to ease inflation

Korea steps up pressure on private sector to ease inflation

South Korea is intensifying pressure on the private sector to curb inflation by forcing companies such as food and beverage makers not to raise prod...

Korea Inc.’s record short-term borrowing raises specter of debt overhang

Korea Inc.’s record short-term borrowing raises specter of debt overhang

South Korea’s short-term corporate loan growth is picking up at a fast pace, stirring concern among some analysts who see parallels to the 200...

Brookfield puts Conrad Seoul on market at over $370 mn

Brookfield puts Conrad Seoul on market at over $370 mn

Brookfield Asset Management is seeking to sell off five-star hotel Conrad Seoul at more than 500 billion won ($369.5 million), tapping real estate i...

Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan