KED to host alternative investment summit for Korean, global asset managers

KED to host alternative investment summit for Korean, global asset managers

The Korea Economic Daily (KED) is hosting its global alternative investment conference ASK 2020 in Seoul on Oct. 28 for Korean institutional investo...

Now Systems looks to metal detector market for EV batteries

Now Systems looks to metal detector market for EV batteries

Now Systems Co., a South Korean metal detector maker, is looking to enter the digital detection equipment market to check metals used in rechargeable ...

COVID-19 pandemic slams Korea’s job market; elderly workers rise

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...

KED to host alternative investment summit for Korean, global asset managers

KED to host alternative investment summit for Korean, global asset managers

The Korea Economic Daily (KED) is hosting its global alternative investment conference ASK 2020 in Seoul on Oct. 28 for Korean institutional investors...

LG Chem surprises market with record Q3 earnings estimates

LG Chem surprises market with record Q3 earnings estimates

LG Chem Ltd., South Korea’s largest chemical and electric vehicle battery maker, expects its quarterly revenue and operating profit to rise to a...

SK Gas sets sights on liquid hydrogen as LPG market fizzles

SK Gas sets sights on liquid hydrogen as LPG market fizzles

SK Gas Ltd., South Korea’s No. 1 liquefied petroleum gas (LPG) producer, is preparing to enter the liquid hydrogen manufacturing market as part ...

Hyundai makes inroads into Europe’s hydrogen commercial vehicle market

Hyundai makes inroads into Europe’s hydrogen commercial vehicle market

Hyundai Motor Co. has delivered seven hydrogen-powered trucks to Switzerland in its foray into Europe’s eco-friendly commercial vehicle market, ...

POSCO partners with ExxonMobil to target LNG storage tank materials market

POSCO partners with ExxonMobil to target LNG storage tank materials market

POSCO, South Korea’s largest steel producer, will collaborate with US-based oil giant Exxon Mobil Corp. to develop liquefied natural gas (LNG) t...

Robust SUV sales drive Korean carmakers’ US market share to 9-yr high

Robust SUV sales drive Korean carmakers’ US market share to 9-yr high

South Korean automakers’ share of the US passenger car market has risen to its highest level in nine years, boosted by brisk sales of sport util...

Credit Suisse lead-manages Doosan Group’s restructuring deals

Credit Suisse lead-manages Doosan Group’s restructuring deals

Credit Suisse handled three restructuring deals worth a combined 1.2 trillion won ($1 billion) for South Korea’s Doosan Group and 1.5 trillion w...

Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market

Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market

Lotte Group will commit 300 billion won ($257.5 million) to Doosan Solus Co., a battery copper foil and OLED materials maker acquired by SkyLake Inves...

NPS to cease paying management fees for Korean PEF project funds

NPS to cease paying management fees for Korean PEF project funds

The National Pension Service has decided to stop paying management fees for project funds to be launched by South Korean private equity firms, after r...

LG Household continues cross-border M&A push in cosmetics market

LG Household continues cross-border M&A push in cosmetics market

LG Household & Health Care Ltd. was the most aggressive South Korean cosmetics firm in the cross-border M&A market between 2010 and 2019, with...

Studio Dragon sets sights overseas, $3.4 bn market cap possible: analyst

Studio Dragon sets sights overseas, $3.4 bn market cap possible: analyst

South Korea’s leading drama producer Studio Dragon Corp. is expected to post handsome earnings in coming years, boosted by a steady stream of jo...

BOK to buy $4.2 bn in state bonds by year-end to stabilize debt market

BOK to buy $4.2 bn in state bonds by year-end to stabilize debt market

The Bank of Korea will buy state bonds worth 5 trillion won ($4.2 billion) directly from the market by the end of this year to stabilize the local deb...

NPS adds six global alternative investment managers in Q2

NPS adds six global alternative investment managers in Q2

The National Pension Service has added three real estate investment firms, two infrastructure managers and one private equity and debt investment hous...

Korean battery makers take charge in global EV market outperforming rivals

Korean battery makers take charge in global EV market outperforming rivals

South Korean battery makers LG Chem Ltd., Samsung SDI Co., and SK Innovation Co. are steaming ahead in the global electric vehicle market pulling in a...

Samsung pulls out of LCD panel market to bet on quantum dot OLED

Samsung pulls out of LCD panel market to bet on quantum dot OLED

Samsung Display Co. Ltd. has sold its LCD panel plant in China to China Star Optoelectronics Technology (CSOT) for $1.08 billion, withdrawing from the...

K-pop market remains bullish as entertainment shares soar

K-pop market remains bullish as entertainment shares soar

South Korean entertainment giants, SM Entertainment Co, YG Entertainment Inc, and JYP Entertainment Corporation, are sitting pretty as their share pri...

KKR to expand Korea waste management portfolio to sewage treatment

KKR to expand Korea waste management portfolio to sewage treatment

KKR & Co. is set to acquire a non-controlling stake in a South Korean sewage management company in a deal worth up to 200 billion won ($170 millio...

Korea's largest tiremaker mired in family feud over management control

Korea's largest tiremaker mired in family feud over management control

South Korea’s largest tire manufacturer Hankook Tire & Technology Co. is in the crosshairs as the family feud over management control o...

KKR wraps up $739 mn purchase of Korean waste management firms

KKR wraps up $739 mn purchase of Korean waste management firms

KKR & Co. of the US has finalized the 875 billion won ($739 million) purchase of two South Korean waste treatment companies after completing its f...

Record-high Q2 Korean household debt heats up property, stock markets

Record-high Q2 Korean household debt heats up property, stock markets

South Korea’s household debt surged to the highest level in its history in the second quarter of the year, led by soaring mortgage loans and sec...

How Korean platform giants disrupted the digital comics market with webtoons

How Korean platform giants disrupted the digital comics market with webtoons

South Korean webtoons (mobile and digital comics) are taking over the digital comics markets in Japan and the US. Market watchers claim it is&nbs...

Credit Suisse raises KOSPI target to 2,600 amid positive outlook for market recovery

Credit Suisse raises KOSPI target to 2,600 amid positive outlook for market recovery

Swiss-based investment bank Credit Suisse has raised its KOSPI target to 2,600 from 2,300 on August 19 on the back of the weakened US dollar and impro...

[RFP] POBA seeks two global fixed-income managers for $350 mn mandate

[RFP] POBA seeks two global fixed-income managers for $350 mn mandate

South Korea's Public Officials Benefit Association (POBA) plans to allocate a combined $350 million to two global fixed-income investment companies, i...

Europe’s residential property market to fare better than fixed income: Patrizia

Europe’s residential property market to fare better than fixed income: Patrizia

Europe’s residential property market will likely continue to fare better than fixed-income assets on the prospect of interest rates remaining lo...

Billion-dollar deals likely to flood Korea’s M&A market in H2

Billion-dollar deals likely to flood Korea’s M&A market in H2

South Korea’s mergers and acquisitions market is expected to gain momentum toward the end of the year, as the coronavirus pandemic pushes large ...

Market keeps close watch on Korea's short-selling ban decision

Market keeps close watch on Korea's short-selling ban decision

Korea’s six-month ban on short selling is set to expire on September 15, fueling market chatter whether or not the country’s financial wat...

Korea’s money supply sees fastest growth in decade as foreigners return to stock market

Korea’s money supply sees fastest growth in decade as foreigners return to stock market

South Korea’s money supply grew at a quicker pace in June than it has in a decade, as foreign investors, who shunned risky assets just following...

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