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Group restructuring
SKT to split into mobile and non-mobile units
South Korea’s largest mobile carrier SK Telecom Co. will split into two separate entities. SK Telecom said on Apr. 14 that it will create a new entity, through a spin-off method, which maintains the current share ownership structure. After the
13 HOURS AGO
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Investment returns
Korean funds, firms eye jackpot from Grab’s Nasdaq listing
South Korea’s National Pension Service (NPS), other state-run savings funds and big companies are expected to pocket decent gains from their investment in Grab, Southeast Asia’s biggest unlisted startup set to go public on Nasdaq in comin
16 HOURS AGO
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Carbon materials
LG Chem expands carbon nanotube production with new plant
South Korea's LG Chem Ltd. has completed an extension of its production line for carbon nanotubes (CNTs), known as a wonder material for its strength and conductivity. CNT has high electrical and thermal conductivity, similar to copper and diamond, a
17 HOURS AGO
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Samsung tax
Banks keen to lend to Samsung heirs for inheritance tax
South Korean banks are queuing up to extend credit to Samsung Group's de-facto leader Jay Y. Lee and his family who are due to pay over 2 trillion won, as part of inheritance taxes estimated at over 12 trillion won ($11 billion), by the end of this m
17 HOURS AGO
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Doosan restructuring
Doosan taps PEFs to sell copper clad board division
Apr 13, 2021 (Gmt+09:00)
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M&As
Outback Steakhouse Korea put up for sale by PEF
Apr 12, 2021 (Gmt+09:00)
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Block deal
Korea state agency sells $134 mn Woori Fin shares
Apr 09, 2021 (Gmt+09:00)
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[Exclusive] E-commerce
Kakao to buy fashion app, pushing aside eBay Korea
Apr 08, 2021 (Gmt+09:00)
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Investment returns
Korean funds, firms eye jackpot from Grab’s Nasdaq listing
16 HOURS AGO
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IPOs
Hyundai Engineering seeks Q3 IPO in group revamp
Apr 13, 2021 (Gmt+09:00)
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Foreign currency bonds
Kia raises $700 mn in foreign green bonds
Apr 13, 2021 (Gmt+09:00)
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[Exclusive] Foreign currency bonds
Hanwha Solutions eyes $300 mn green dim sum bond sale
Apr 12, 2021 (Gmt+09:00)
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K-content performance
K-content shares soar as platforms go global
Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in the success of Korean webtoons and dramas on the global scene.Once considered just one of many Asian entertainment products, Korean dramas, games, music and webtoons – collectively known as K-con
20 HOURS AGO
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Overseas derivatives
Brokerage firms enjoy rising bets on global derivatives
South Korean brokerage houses enjoyed a bumper year in 2020 with a record fee income from global derivatives trading, driven by retail investors' venture into overseas futures and options markets. Their increased risk tolerance was met with brokerage firms' aggressive marketing, including fee cuts, pulling the transaction value of global derivative
21 HOURS AGO
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Crypto arbitrage
Chinese bitcoin traders welcome back Kimchi Premium
Chinese investors trading in digital assets such as bitcoin are reaping decent arbitrage gains in South Korea as the so-called Kimchi Premium has returned amid resumed interest in cryptocurrencies.According to the banking industry on Apr. 13, the demand for foreign currency exchange from the won to the yuan to send back to China has significantly i
Apr 13, 2021 (Gmt+09:00)
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