return of foreign capital
Scope
Date
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Food & Beverage
Nongshim opens K-Ramyun supermarket in Myeongdong
South Korean food and beverage giant Nongshim Co. said on Monday that it opened a Korean-style ramyun experience store K-Ramen Supermarket with the ...
Oct 07, 2024 (Gmt+09:00)
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League table
UBS retains top position on Korea’s M&A advisor list after Ecorbit deal
UBS Group AG remained on the top of the South Korean merger and acquisition (M&A) advisory market as of the end of the third quarter after addin...
Oct 04, 2024 (Gmt+09:00)
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Culture & Trends
Suwon Hwaseong Cultural Festival to be promoted as global event
The South Korean Ministry of Culture, Sports, and Tourism said that the Suwon Hwaseong Cultural Festival, recently chosen as a Korea Representativ...
Oct 04, 2024 (Gmt+09:00)
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Travel & Leisure
Naver to upgrade Korean map service for foreigners
South Korean online giant Naver Corp. is set to upgrade its digital map service for foreigners to attract more global users as the domestic market g...
Oct 02, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc, Bain Capital offer $2.4 bn share buyback vs MBK
Korea Zinc Inc. said on Wednesday it will buy back shares for 3.1 trillion won ($2.4 billion) with the backing of Bain Capital to counter MBK Partne...
Oct 02, 2024 (Gmt+09:00)
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Asset management
Wealthy Koreans look to Indian equities as 'next China' investment
First, it was the US that attracted many South Korean investors looking for higher returns.And then came China, which ensnared Korean retail investo...
Sep 30, 2024 (Gmt+09:00)
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Research & Development
S.Korea to offer incentives to attract foreign scientists
South Korea will offer incentives including a 50% income tax cut to attract foreign scientists to develop new growth drivers such as artificial inte...
Sep 29, 2024 (Gmt+09:00)
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Banking & Finance
Shinhan Card launches debit cards for foreign residents in S.Korea
South Korea's Shinhan Card said on Friday that it has launched two debit cards exclusively for foreign residents in the country: the SOL Global Chec...
Sep 27, 2024 (Gmt+09:00)
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Banking & Finance
Woori Bank expands services for foreign customers in S.Korea
Woori Bank announced on Friday that it has set up additional “global desks” dedicated to foreign customers, some of which will be open o...
Sep 27, 2024 (Gmt+09:00)
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Logistics
Hyundai Glovis, BYD seek strategic alliance on car exports
Hyundai Glovis Co. has inked a memorandum of understanding with China's No. 1 electric vehicle maker BYD Co. to form a strategic alliance on car tra...
Sep 25, 2024 (Gmt+09:00)
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Corporate bonds
Fed’s big rate cut spurs Korean firms to issue foreign bonds
South Korean companies rushed to issue foreign currency bonds after the US Federal Reserve lowered interest rates for the first time in more than fo...
Sep 25, 2024 (Gmt+09:00)
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Korean stock market
South Korea Can Go Only So Far Copying Japan’s Market Reforms
South Korea is taking a page from Japan to boost its stock market. There are certainly some low-hanging fruits to pick, but the country’s larg...
Sep 25, 2024 (Gmt+09:00)
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Banking & Finance
Korea’s Hana Financial Group targets foreign customers
Hana Financial Group, South Korea’s third-largest financial holding company, is targeting foreign individual customers in the country with a d...
Sep 24, 2024 (Gmt+09:00)
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Banking & Finance
Hana Bank opens branch for foreign customers in Pyeongtaek
South Korea's Hana Bank said on Thursday that it opened a branch for foreigners in Pyeongtaek.The Pyeongtaek Foreign Customer Center, located in Pye...
Sep 20, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Korea Zinc teams up with brokerage firm to counter MBK
Korea Zinc Inc. Chair Choi Yun-birm has joined hands with a major local securities firm in a counterattack against MBK Partners Ltd. and the company...
Sep 19, 2024 (Gmt+09:00)
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Human Interest
After 37 years of use, Kim returns trusty microwave to Samsung with love
For 37 years, a simple microwave made by Samsung Electronics Co. sat in the kitchen of Kim Kyu-won, providing much more than convenience.It was ther...
Sep 11, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG’s telecom unit looks to lure foreigners with more K-pop-themed shops
LG Uplus Corp., South Korea’s No. 3 mobile carrier, is set to lure foreign customers by opening K-pop-themed stores in the country's major sho...
Sep 06, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix up the ante on HBM to enjoy AI memory boom
TAIPEI – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, are racing to supply their advanced DRAM ...
Sep 04, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Naver Map sees 30% increase in foreign user base
The foreign users of Naver Map, the map service of South Korea's online platform giant Naver Corp., have a 30% increase from last year. Naver...
Sep 02, 2024 (Gmt+09:00)
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Pension funds
NPS logs 9.71% return in H1 led by US tech stocks
National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, posted a 9.71% investment return for the first half of ...
Aug 30, 2024 (Gmt+09:00)
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Travel & Leisure
1.4 mn foreign tourists visits S.Korea in July
The Korea Tourism Organization (KTO) said on Thursday that the number of foreign tourists visiting South Korea in July was 1.41 million, an increase...
Aug 29, 2024 (Gmt+09:00)
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Tech, Media & Telecom
One Store vows to crack Apple, Google-led app market with localization
One Store Co., South Korea’s homegrown app marketplace, will take on Apple Inc. and Google LLC in the global app market by offering tailored s...
Aug 28, 2024 (Gmt+09:00)
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Banking & Finance
Mastern, Woods Capital team up for tech hub
Mastern Investment Management Co., South Korea's real estate investment firm, said on Monday that its US subsidiary Mastern America LLC signed a mem...
Aug 26, 2024 (Gmt+09:00)
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Private equity
Korea’s Tmax Group buys back software developer for $612 mn
South Korea’s Tmax Group bought back the software making unit it had sold to a local private equity firm two years ago to try to boost synergy...
Aug 23, 2024 (Gmt+09:00)
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Companies
Samyang Roundsquare to recruit foreign interns
Samyang Roundsquare, the holding company of South Korea's Samyang Group, said on Friday that it recruits foreign interns with the potential for full...
Aug 23, 2024 (Gmt+09:00)
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Banking & Finance
Korea Investment's Nasdaq 100 ETF surpasses $747 mn
Korea Investment Management Co. said on Thursday that the net assets of its ACE US Nasdaq 100 Exchange-Traded Fund (ETF) had surpassed 1 trillion wo...
Aug 22, 2024 (Gmt+09:00)
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Travel & Leisure
S. Korea’s foreigner-only casinos suffer poor profit
Foreigner-only casino operators in South Korea reported weaker-than-expected operating profit in the second quarter as prolific gamblers traveling f...
Aug 19, 2024 (Gmt+09:00)
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Economy
Vietnamese lead influx of foreign workers with Korean dream
On Aug. 31, 2004, 92 Filipinos, wearing T-shirts and white caps, entered Incheon International Airport determined to make money in South Korea and r...
Aug 19, 2024 (Gmt+09:00)
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Banking & Finance
Korea opens probe into Woori's loans to ex-chair's relatives
South Korea’s financial watchdog agency said on Sunday it has found that Woori Financial Group, the country's fourth-largest financial holding...
Aug 11, 2024 (Gmt+09:00)
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Korean stock market
Biotech stocks, foreigners’ top pick in Korea amid panic selling
Foreigners and institutional investors in the South Korean stock market picked biotechs as their favorite shares in hopes of a biopharma stock jump ...
Aug 11, 2024 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet