Market Kurly raises $200 mn at over $3 bn valuation

Market Kurly raises $200 mn at over $3 bn valuation

Kurly Inc., an operator of South Korea's online grocery delivery service Market Kurly, has raised 250 billion won ($212 million) in pre-IPO funding ...

NPS adds Warburg Pincus as real estate asset manager in Q3

NPS adds Warburg Pincus as real estate asset manager in Q3

The National Pension Service added New York-based private equity firm Warburg Pincus LLC to its pool of 58 global real estate investment manager...

KRX approves preliminary review of LG Energy IPO

KRX approves preliminary review of LG Energy IPO

The Korea Exchange (KRX) on Nov. 30 approved a preliminary review of LG Energy Solution Ltd.’s listing, paving the way for one of the largest-...

Domestic NFT art sale surpasses 3.5 bitcoin; concerns of market turbulence

Domestic NFT art sale surpasses 3.5 bitcoin; concerns of market turbulence

Last week, a piece of non-fungible token art by digital artist Jang Koal was sold for more than 3.5 bitcoin or around 200 million won ($168,314) on ...

HealthQuest-backed Lunit applies for 2022 Kosdaq IPO

HealthQuest-backed Lunit applies for 2022 Kosdaq IPO

Lunit Inc., a South Korean developer of AI-based diagnostic tools for cancer screening, has surpassed 1 trillion won ($841 million) in value in over...

Hyundai offers first peek of redesigned premium Genesis sedan G90

Hyundai offers first peek of redesigned premium Genesis sedan G90

Hyundai Motor Co. on Tuesday unveiled exterior images of the new G90, a full model change version of the flagship sedan under its standalone premium...

Mental health app Spring Health emerges amid pandemic

Mental health app Spring Health emerges amid pandemic

Spring Health, a US-based mental health care provider, has emerged stronger in the prolonged pandemic era, with the five-year-old startup valued at ...

Samsung’s $17 billion new chip plant in Taylor aims to rein in TSMC

Samsung’s $17 billion new chip plant in Taylor aims to rein in TSMC

Samsung Electronics Co. has officially announced its plan to build a $17 billion chipmaking plant in Taylor, Texas, as the tech giant aims to overta...

LG Energy to list end-January with enterprise value up to $67 billion

LG Energy to list end-January with enterprise value up to $67 billion

LG Energy Solution Ltd. will list its shares on the main bourse around the end of January, valuing the top South Korean battery maker between 70 tri...

Samsung, Hynix notch best day this year; metaverse to drive chip demand

Samsung, Hynix notch best day this year; metaverse to drive chip demand

Shares of South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., have staged a strong rebound on an industry prospec...

S.Korea leaves Asian crisis behind with Woori privatization

S.Korea leaves Asian crisis behind with Woori privatization

Two decades after the onset of the 1997-98 Asian financial crisis, the state-run Korea Deposit Insurance Corporation (KDIC) is finally set to privat...

Carlyle buys coffee franchise A Twosome Place for over $800 mn

Carlyle buys coffee franchise A Twosome Place for over $800 mn

The Carlyle Group has bought South Korea's No. 2 coffeehouse chain A Twosome Place from Anchor Equity Partners, saying it would "capture the signifi...

KDB opens VC in US to aid Korean startups' US entry

KDB opens VC in US to aid Korean startups' US entry

South Korea’s state-run bank Korea Development Bank (KDB) launched its venture capital (VC) operations in California's Silicon Valley on Nov...

MBK sells Japan golf club to SoftBank's Fortress for $3.5 bn

MBK sells Japan golf club to SoftBank's Fortress for $3.5 bn

MBK Partners has sold Japan's largest golf course operator Accordia Next Golf to SoftBank's Fortress Investment Group for 400 billion yen ($3.5 bill...

Lotte joins Korea’s UAM race as Hyundai closes ranks with others

Lotte joins Korea’s UAM race as Hyundai closes ranks with others

South Korean conglomerate Lotte said on Tuesday it is joining hands with three other partners to enter the country’s urban air mobility (UAM) ...

Korean retailers scale back on Southeast Asian operations

Korean retailers scale back on Southeast Asian operations

South Korea's top three retail groups -- Lotte, Shinsegae and GS -- are struggling with increased losses in the Southeast Asian market, once believe...

Amazon poised for Fire tablet launch in Korea next year

Amazon poised for Fire tablet launch in Korea next year

Amazon, the world’s largest online shopping mall, is set to release its own Fire tablets in South Korea from as early as next year, penetratin...

Korean Air surprises market with highest quarterly profit in 5 years

Korean Air surprises market with highest quarterly profit in 5 years

Korean Air Lines Co. (KAL) surprised the market on Friday by posting its highest third-quarter operating profit in five years, boosted by strong dem...

Korean auto parts makers call for govt financial support

Korean auto parts makers call for govt financial support

Representatives of South Korean auto parts makers on Friday called on the government to increase their financial support of the sector, including ta...

SK to invest $340 mn in Vietnam’s major retail platform The CrownX

SK to invest $340 mn in Vietnam’s major retail platform The CrownX

South Korea’s conglomerate SK Group said on Nov. 11 that it agreed to invest $340 million in The CrownX, a retail platform of Masan Group Corp...

POSCO Chem's rise from brickworks to EV materials leader

POSCO Chem's rise from brickworks to EV materials leader

POHANG, South Korea - When POSCO Chemical Co., better known as a refractory brick manufacturer until the early 1990s, announced its entry into the a...

DearU’s value nears YG Entertainment after strong Kosdaq debut

 DearU’s value nears YG Entertainment after strong Kosdaq debut

Shares of DearU Co., a K-pop fandom platform in South Korea, fell on Thursday, the day after a strong Kosdaq debut, which briefly put the company&...

Citibank's exit from Korean retail market to cost up to $1.5 bn

Citibank's exit from Korean retail market to cost up to $1.5 bn

Citigroup Inc. said on Monday its exit from South Korea's retail market was expected to cost between $1.2 billion and $1.5 billion, most of which wo...

Data Republic creates AI-based crypto investment solution

Data Republic creates AI-based crypto investment solution

South Korean startup Data Republic is pioneering a smart way of investing for global cryptocurrency investors. Founded in 2018, the company has ra...

MBK seeks to buy two S.Korean e-commerce platforms

MBK seeks to buy two S.Korean e-commerce platforms

MBK Partners is in talks to buy management rights of two e-commerce platforms listed on South Korea's Kosdaq market in a package deal, according to ...

Dongkuk eyes $1.7 billion sales from color steel business in 2030

Dongkuk eyes $1.7 billion sales from color steel business in 2030

Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, said on Monday that it aims to grow its color coated steel business to 2 trill...

[ASK 2021] European NPL market growth creates investment opportunities  

[ASK 2021] European NPL market growth creates investment opportunities  

Global asset managers will see great opportunities in the European non-performing loan market amid challenges facing the EU banking industry, such...

Korean apparel retailer F&F returns as market darling after relisting

Korean apparel retailer F&F returns as market darling after relisting

South Korean outdoor clothing retailer F&F Co. has returned as one of the most coveted stocks on the main bourse, with its share price nearly tr...

[ASK 2021] Infra Debt Key Market Trends in a Post-Covid Environment

[ASK 2021] Infra Debt Key Market Trends in a Post-Covid Environment

Infra Debt Key Market Trends in a Post-Covid Environment Climate impact investing and digital infra Benefits of integrating ESG i...

[ASK 2021] The European Private Debt Market: Tips and Guidance

[ASK 2021] The European Private Debt Market: Tips and Guidance

Created in 2004, CAPZA is an established European private investment platform offering custom made financing solutions to small and m...

LG Electronics' Q2 profit halves as US tariffs bite Blackpink roars back after 2-year hiatus with Deadline world tour India’s Love for K-Ice Cream Spurs Lotte to Boost Expansion LG Group executives to meet with Honda CEO to explore partnership Hong Kong-based CLSA to invest $36.6 mn in K-Beauty pioneer Jungsaemmool Beauty