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Retail
Lotte sells Lotte Glory Properties Shenyang amid US-China dispute

South Korea’s retail giant Lotte Group has signed a deal to sell a theme park project in Shenyang, China – its latest move to pull out of China after struggling for years to do business there amid a US-China diplomatic dispute.Company officials said on Friday it signe

4 HOURS AGO

3 Min read
K-pop
HYBE takes legal steps to fire NewJeans' label CEO

HYBE Co., a company behind boy band BTS, has reported Min Hee-jin, the chief of popular girl group NewJeans’ label ADOR, to police for investigations over her alleged coup attempt, heralding a legal fight between the K-pop powerhouse and one of its high-performing labels.HY

5 HOURS AGO

2 Min read
Airlines
MBK backs Air Premia for Asiana cargo unit; Jeju Air exits

South Korea's low-cost carrier Air Premia Inc. has teamed up with North Asia-focused private equity firm MBK Partners to win Asiana Airlines Inc.'s lucrative cargo unit worth up to 500 billion won ($364 million) after the country's No. 1 budget carrier Jeju Air Co. dropped out of

20 HOURS AGO

3 Min read
Honda, POSCO to build EV cell material plant in Canada
Batteries
Honda, POSCO to build EV cell material plant in Canada

Japan’s Honda Motor Co. and South Korea’s POSCO Future M Co. agreed to build a battery material plant in Canada where the automaker decided to invest $11 billion in an electric vehicle production complex to meet US requirements for clean cars federal tax benefits.Honda on Thursday said it will set up a cathode active material and precursor processing plant through a joint venture partnership with POSCO Future M as a part of the carmak

5 HOURS AGO

2 Min read
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COMPANIES

  • Daedong completes S.Korea's largest rooftop solar power plant
    ESG
    Daedong completes S.Korea's largest rooftop solar power plant

    South Korea's Daedong Mobility announced on Friday that it has completed the construction of the largest rooftop solar power plant in the country at S-Factory, a smart mobility production facility located in Daegu.The installation area of the rooftop

    26 MINUTES AGO

    1 Min read
  • S.Korea's Andar strengthens tech alliance with LYCRA Company
    Fiber & Textile
    S.Korea's Andar strengthens tech alliance with LYCRA Company

    The athletic-leisure brand Andar Co. announced on Friday that it will strengthen its technological alliance with the LYCRA Company, the world's largest fiber company, to enhance product quality innovation and competitiveness.According to Andar, Jason

    29 MINUTES AGO

    1 Min read
  • LG Electronics hosts 'LG Showcase 2024' in UAE
    Electronics
    LG Electronics hosts 'LG Showcase 2024' in UAE

    LG Electronics Inc. announced on Friday that it hosted a new product showcase event called "LG Showcase 2024" in Abu Dhabi, United Arab Emirates, from last Wednesday for two days.LG Electronics set up a 1,000-square-meter exhibition hall and introduc

    32 MINUTES AGO

    1 Min read
  • HMM enhances maritime safety with AI technology
    Shipping & Shipbuilding
    HMM enhances maritime safety with AI technology

    HMM Co., South Korea’s leading sea carrier, announced on Friday its adoption of an advanced AI image analysis solution 'Deep Eyes', aimed at boosting safety management across its fleet.Developed by GlobeAI, a startup founded by professors from

    2 HOURS AGO

    1 Min read
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Hidden Champions

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  • Buhmwoo Group

    Published: Apr 21, 2021

    Last updated: Jan 30, 2023

  • T-Robotics

    Published: Mar 25, 2021

    Last updated: Jan 30, 2023

  • DCM

    Published: Dec 09, 2022

    Last updated: Jan 30, 2023

  • Jong Ie Nara

    Published: May 26, 2021

    Last updated: Apr 15, 2022

  • Point Mobile

    Published: Sep 14, 2021

    Last updated: May 10, 2022

Future Unicorns

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  • L-Base

    Published: Oct 21, 2022

    Last updated: Nov 16, 2022

  • iCore

    Published: Oct 07, 2022

    Last updated: Apr 17, 2023

  • BJ BIOCHEM

    Published: Oct 21, 2022

    Last updated: Nov 04, 2022

  • S.lab Asia

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    Last updated: Jul 21, 2022

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KOREAN INVESTORS

Hanwha Life to buy stake in Indonesia's Nobu Bank
Banking & Finance
Hanwha Life to buy stake in Indonesia's Nobu Bank

South Korea’s second-largest insurer Hanwha Life Insurance Co., with 109 trillion won ($79.4 billion) in total assets as of end-September 2023, said on Wednesday it will buy shares in a banking unit of Indonesian conglomerate Lippo Group to exp

Apr 24, 2024 (Gmt+09:00)

1 Min read
Pension funds
NPS loses $1.2 bn in Korean stocks on weak battery shares in Q1

South Korea’s National Pension Service (NPS), the world's third-largest pension fund, lost 1.66 trillion won ($1.2 billion) in domestic stock value in the first quarter of this year as shares in the battery sector tumbled amid the electric vehi

Apr 21, 2024 (Gmt+09:00)

3 Min read
Private equity
MBK eyes stake in Korean software developer Tmaxsoft

North Asia-focused private equity firm MBK Partners is eyeing shares of South Korean enterprise software developer Tmaxsoft Co. around two years after the PE house failed in its takeover bid, banking sources said on Thursday. MBK executives have rec

Apr 18, 2024 (Gmt+09:00)

2 Min read
Real estate
Keppel REIT to sell Seoul-based prime office T Tower

Singapore’s Keppel REIT Management Ltd. is set to divest of its Seoul-based prime office building T Tower near Seoul Station.Real estate managers Jones Lang LaSalle (JLL) and Colliers, the lead managers for the sale, said on Tuesday they will s

Apr 16, 2024 (Gmt+09:00)

1 Min read
Private equity
Private markets open to more high-net-worth individuals: Hamilton Lane

The number of high-net-worth individuals allocating capital to private markets is increasing fast. These are wealthy individuals who own at least $1 million of liquid financial assets and seek steady returns on alternative investments.The global priv

Apr 16, 2024 (Gmt+09:00)

5 Min read

M&A

ECM/DCM

MARKETS

  • Short selling
    Korea builds system to speed up naked short-selling ban

    South Korea’s top financial regulator is set to build a centralized digital system to strengthen the prevention of naked short-selling as the financial watchdog has detected an increase in the illegal practice by institutional investors over the past few years. The government measure comes after some global investment banks, such as The Hong

    23 HOURS AGO

    2 Min read
  • Korean stock market
    MSCI Korea likely to add 3 stocks: Samsung Securities

    HD Hyundai Electric Co., Alteogen Inc. and Enchem Co. are expected to be invited to join Morgan Stanley Capital International’s Korea Index when the global stock index provider conducts regular index rebalancing next month, according to Samsung Securities Co. The probability of the trio’s inclusion in the MSCI Korea Index in May is 90%,

    Apr 19, 2024 (Gmt+09:00)

    3 Min read
  • Economy
    Rising South Korean food prices: Now it’s dried seaweed's turn

    First, it was groceries. Then came fried chicken and hamburgers. Now, it’s seasoned seaweed products, chocolate and ice creams.As in other countries, food prices in South Korea keep going up -- with everyone biting their nails, hoping for moderating prices of everyday food and goods soon.Chances are slim, however, as price hikes are not just

    Apr 18, 2024 (Gmt+09:00)

    3 Min read
Korean won at 17-month low on Middle East woes, Fed rate view
Foreign exchange
Korean won at 17-month low on Middle East woes, Fed rate view

The South Korean won currency on Tuesday fell to its weakest level in 17 months, briefly touching the psychologically important 1,400 per dollar level, as foreign investors sold the country’s assets on the growing concerns over a wider Middle East conflict and expectations of the US Federal Reserve’s slower interest rate cut.The won los

Apr 16, 2024 (Gmt+09:00)

4 Min read
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