Shipping & Shipbuilding
Hanwha Philly Shipyard to localize LNG builds, expand capacity
Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to transform the facility into a mid-to-large-sized shipbuilder and be the first in the US to build liquefied natural gas (LNG) carriers.In a recent meeting
Energy
Vietnam, gateway for SK Group’s global renewable energy push
TIEN GIANG, VIETNAM – Off the coast of Vietnam’s Tien Giang Province, 36 wind turbines spin steadily with a constant whoosh and swish, generating enough electricity to power around 200,000 households in the Southeast Asian country each year. Behind this offshore mega-
Food & Beverage
Bird flu in Brazil hikes wholesale chicken prices in Korea
South Korea has suspended chicken imports from Brazil following the outbreak of highly pathogenic avian influenza (HPAI) in the South American country, adding pressure to the local food service market heavily reliant on Brazilian poultry.Seoul is exploring alternative sources suc
Banking & Finance
Shinhan Securities acquires strategic stake in Vietnam’s top trading platform FireAnt
Shinhan Securities Co., a leading South Korean brokerage house, has acquired a strategic equity stake in FireAnt, Vietnam’s largest retail trading and financial information platform, to strengthen digital capabilities across Southeast Asia.The investment, disclosed on Monday, was made directly by Shinhan Securities, with its Vietnamese subsidiary, Shinhan Securities Vietnam (SSV), leading business activity and future partnership initiatives
MOST READ
In China’s waterway city Hangzhou, K-beauty redefines ‘glossy water’
South Korea’s Rznomics inks $1.3 bn out-licensing deal with Eli Lilly
When in S. Korea, it’s a ritual: Foreigners make stops at CU, GS25, 7-Eleven
Mubadala, Goldman Sachs to invest $700 mn in Kakao Mobility
Samsung steps up AR race with advanced microdisplay for smart glasses
COMPANIES
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AutomobilesKumho Tire shuts Gwangju plant after fire, derailing record sales runKumho Tire Co. has suspended all operations at its Gwangju plant in South Korea after a fire destroyed 50-60% of the production lines in one of its two main buildings, a disruption that could end its four-year record-setting sales streak.The blaze br
May 18, 2025 (Gmt+09:00)
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Tech, Media & TelecomS.Korea’s Naver to launch Silicon Valley venture arm in aggressive AI pushNaver Corp., South Korea’s top internet portal operator, plans to set up a dedicated venture capital arm in Silicon Valley in a move seen as a high-stakes bid to shore up its artificial intelligence capabilities amid intensifying global competi
May 16, 2025 (Gmt+09:00)
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Upcoming IPOsUK chip testing device maker TeraView seeks Kosdaq debutTeraView Ltd., a UK semiconductor inspection device maker, is aiming to list on South Korea’s Kosdaq market in the second half of this year, in what could be the first listing by a European company on the junior bourse.It plans to file for prel
May 16, 2025 (Gmt+09:00)
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Beauty & CosmeticsK-Beauty defies seasonal slump with record $980 mn in April exportsThe global appetite for Korean beauty products shows no sign of slowing, with their exports in April surging 20% year on year to a record high, even during the industry’s quietest season. According to trade data from the Korea Customs Service o
May 16, 2025 (Gmt+09:00)
4 Min read
KOREAN INVESTORS
Real estate
Bid heats up for IGIS-owned co-living building in Seoul
An auction for a co-living building, owned by South Korea’s top real estate asset management firm IGIS Asset Management Co., in the hip Hongdae area of Seoul, has garnered strong investor interest, with SK D&D Co. and Blackstone Inc. among
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Real estate
Greystar hires ex-Samsung SRA manager to launch Seoul office
Greystar Real Estate Partners, the largest housing investment firm in the US, has hired Kang Junghwan, former managing director and head of portfolio management at Samsung SRA Asset Management Co., to lead its first office in South Korea.The property
May 16, 2025 (Gmt+09:00)
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Min read
Mergers & Acquisitions
Centroid to divest control of TaylorMade as exit strategy, drops IPO plan
Centroid Investment Partners, a South Korean private equity firm, has confirmed plans to divest its controlling stake in US sports equipment manufacturing firm TaylorMade Golf Co., opting for an outright sale over an initial public offering.The decis
May 15, 2025 (Gmt+09:00)
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Korean startups
S.Korea's science ministry picks 10 AI, digital startups to back global growth
South Korea’s Ministry of Science and ICT on Thursday announced that it has selected 10 startups founded by Koreans in a program to support their global expansion in the AI and digital services spaceThe 10 companies include crowdsourcing transl
May 15, 2025 (Gmt+09:00)
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Private equity
Korean teachers' fund to commit $495 mn to 10 PE firms
The Korean Teachers’ Credit Union (KTCU), a retirement fund operator for South Korean teachers, has picked 10 local private equity firms to run blind pool funds, backed by a total commitment of 700 billion won ($495 million), according to sourc
May 13, 2025 (Gmt+09:00)
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Min read
M＆A
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Private equityBain Capital sells 6% stake in Korea’s Classys via block deal for $163 million20 HOURS AGO
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Mergers & AcquisitionsLS moves closer to role as Hanjin KAL’s white knight vs HobanMay 18, 2025 (Gmt+09:00)
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Food & BeverageHanwha acquires Ourhome for $622 million in push to revive food catering businessMay 15, 2025 (Gmt+09:00)
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Corporate strategySK Group seeks to sell SK Signet as part of sweeping portfolio realignmentMay 14, 2025 (Gmt+09:00)
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ECM/DCM
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Banking & FinanceShinhan Securities acquires strategic stake in Vietnam’s top trading platform FireAnt2 HOURS AGO
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Capital raisingKorean firms rush to issue bonds before presidential electionMay 14, 2025 (Gmt+09:00)
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Debt financingKorea Securities Finance eyes its 1st foreign bond sale in 2026May 09, 2025 (Gmt+09:00)
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Debt financingKookmin Bank raises $700 mn in forex bonds amid strong demandApr 30, 2025 (Gmt+09:00)
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MARKETS
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StocksHong Kong to list world’s 1st Samsung single-stock leveraged ETF
A pair of leveraged exchange-traded funds tracking only Samsung Electronics Co. will make a debut on the stock exchange in Hong Kong next week, which will be the world’s first ETF holding a single Korean stock as its underlying asset. According to investment banking industry sources, CSOP Asset Management Ltd. will list CSOP Samsung Electroni
May 14, 2025 (Gmt+09:00)
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Rights offeringsPOSCO Future M to raise $771 million to bolster battery materials business
POSCO Future M Co., South Korea’s leading battery materials maker, is set to raise 1.1 trillion won ($771 million) through a rights offering as it doubles down on its bet to expand manufacturing capacity in North America amid a prolonged downturn in global electric vehicle demand.The affiliate of Korea’s top steelmaker POSCO Holdings In
May 13, 2025 (Gmt+09:00)
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Shipping & ShipbuildingHanwha Ocean shares sink after KDB's sale of 4.2% stake
Investors rushed to dump Hanwha Ocean Co. shares early Tuesday after its second-largest shareholder, Korea Development Bank, cashed in on a 4.2% stake in South Korea’s No. 3 shipbuilder in a pre-market block trade for more than 1 trillion won ($695.8 million). Hanwha Ocean shares ended down 12.1% at 78,500 won on Tuesday, wiping out all of la
Apr 29, 2025 (Gmt+09:00)
3 Min read
Energy
South Korea nears Czech nuclear deal; Doosan, related stocks fly high
South Korea’s nuclear energy stocks surged this week as momentum builds around a landmark nuclear power project in the Czech Republic, with investors anticipating a formal contract signing as early as next month.On Friday, Doosan Enerbility Co. closed up 3.7% at 27,900 won, capping a 38.5% rally since April 10.Other nuclear-related stocks hav
Apr 25, 2025 (Gmt+09:00)
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CULTURE ＆ TRENDS
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HealthcareKorea’s aesthetic medicine enjoys golden era with surge in foreign spendingMay 19, 2025 (Gmt+09:00)
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Beauty & CosmeticsIn China’s waterway city Hangzhou, K-beauty redefines ‘glossy water’May 12, 2025 (Gmt+09:00)
4 Min read
PERSPECTIVES
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The KED ViewLight up visibility of Korean tech firms on global stageJul 10, 2024 (Gmt+09:00)
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