Global luxury brands Louis Vuitton, Chanel and Dior saw their profitability at South Korean operations worsen last year after posting decent revenue and profit growth for a few years since the COVID-19 pandemic.According to the Financial Supervisory Service on Friday, French luxu
3 HOURS AGO
SK Chemicals Co., a unit of South Korea’s No. 2 conglomerate SK Group, is set for a successful debt issuance as the company’s bond sale has drawn strong interest from investors, despite the prolonged downturn in the petrochemical industry. SK Chemicals attracted
6 HOURS AGO
Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is set to sell a 100% stake in its Hawaii-based subsidiary Waikiki Resort Hotel Inc. for 140.1 billion won ($101.2 million) to resort operator Sono International Co.Daemyung Sono Group, a hospit
10 HOURS AGO
South Korea’s SK Hynix Inc. said on Friday it is partnering with Taiwan Semiconductor Manufacturing Co. (TSMC) to jointly develop next-generation chips for artificial intelligence as the two chipmakers hope to strengthen their positions in the fast-growing AI chip market.The collaboration between the two competitors is also aimed at solidifying their leadership in the high-bandwidth memory (HBM) segment against fast followers, including Sam
7 HOURS AGO
COMPANIES
-
BatteriesPOSCO-Pilbara JV delivers first order of lithium hydroxideSouth Korea’s top steel group POSCO has shipped lithium hydroxide, a rechargeable battery’s key raw material produced jointly with Australia-based Pilbara Minerals Ltd., from their joint factory in Korea for the first time, speeding up th
6 HOURS AGO
1 Min read -
Electric vehiclesPolestar 4 electric SUV coupe to hit Korean road in JuneThe Polestar 4 electric sport utility vehicle (SUV) coupe is set to make its debut in South Korea in June with a target of deliveries from October, Swedish electric vehicle maker Polestar said on Friday.The company’s fastest mass-produced EV so
7 HOURS AGO
1 Min read -
ElectronicsLG Elec sees AI air conditioner sales 30% increase in Q1LG Electronics Inc. announced on Friday that the sales of air conditioner models equipped with artificial intelligence (AI) features in the Whisen lineup in the first quarter of 2024 increased by approximately 30% compared to last year.The company is
7 HOURS AGO
1 Min read -
REITsKoramco, Fi-public to collaborate on mobile REIT investmentSouth Korea's Koramco REITs Management and Trust announced on Friday that it plans to launch a personal REIT investment service utilizing a mobile platform through a business agreement with the domestic fintech startup Fi-public. Under this agreement
7 HOURS AGO
1 Min read
Hidden Champions
More-
Point Mobile
Published: Sep 14, 2021
Last updated: May 10, 2022
-
T-Robotics
Published: Mar 25, 2021
Last updated: Jan 30, 2023
-
DCM
Published: Dec 09, 2022
Last updated: Jan 30, 2023
-
Buhmwoo Group
Published: Apr 21, 2021
Last updated: Jan 30, 2023
-
Jong Ie Nara
Published: May 26, 2021
Last updated: Apr 15, 2022
Future Unicorns
More-
BJ BIOCHEM
Published: Oct 21, 2022
Last updated: Nov 04, 2022
-
iCore
Published: Oct 07, 2022
Last updated: Apr 17, 2023
-
L-Base
Published: Oct 21, 2022
Last updated: Nov 16, 2022
-
Fridays Lab
Published: Jun 30, 2023
Last updated: Nov 10, 2023
-
S.lab Asia
Published: Jul 20, 2022
Last updated: Jul 21, 2022
KOREAN INVESTORS
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)
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)
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)
Secondaries have become one of the most sought-after assets amid market uncertainty as they provide early exit opportunities and portfolio diversification. In last year's high-rate environment, investors flooded into the infrastructure market and sec
Apr 09, 2024 (Gmt+09:00)
The US commercial real estate market is undervalued relative to other sectors amid elevated interest rates, while Big Tech stocks could take a breather after record-setting rallies, said David Rubenstein, co-founder and co-chairman of The Carlyle Gro
Apr 08, 2024 (Gmt+09:00)
M＆A
-
-
Private equityAffinity to buy SK Rent-a-Car at $572 mn, more deals eyedApr 16, 2024 (Gmt+09:00)
3 Min read -
Food & BeverageCJ CheilJedang to sell feed, livestock unit for $1.4 bnApr 14, 2024 (Gmt+09:00)
3 Min read -
Mergers & AcquisitionsSamsung’s key M&A man returns; big deals in the offingApr 12, 2024 (Gmt+09:00)
3 Min read
ECM/DCM
-
-
Private equityAffinity eyes full control of food container maker Lock & LockApr 18, 2024 (Gmt+09:00)
1 Min read -
ECM/DCMLG Electronics seeks to sell global bonds, 1st time in 12 yrsApr 08, 2024 (Gmt+09:00)
1 Min read -
MARKETS
-
Korean stock marketMSCI 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%,
13 HOURS AGO
3 Min read -
EconomyRising 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 -
Foreign exchangeKorean 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
South Korean brokerage firms are ramping up sales of long-term bonds to refinance their loans by repaying short-term debts in hopes of a rate cut by the US Federal Reserve.KB Securities Co. held bookbuilding on Monday to sell 200 billion won ($143 million) worth of bonds rated AA+. The bond issue breaks down into 50 billion won in bonds with an 18-
Apr 16, 2024 (Gmt+09:00)
CULTURE ＆ TRENDS
-
Food & BeverageWhopper's end, Burger King’s belated April Fool’s prank?Apr 09, 2024 (Gmt+09:00)
2 Min read -
ArtsHyundai Card, MoMA to support young talented artists, curatorsApr 09, 2024 (Gmt+09:00)
3 Min read
PERSPECTIVES
-
The KED ViewLabor reform urged in Korea with higher wages than JapanMar 18, 2024 (Gmt+09:00)
2 Min read -
The KED ViewDefy convention with long-run plans to upvalue Korean stocksFeb 23, 2024 (Gmt+09:00)
4 Min read
![우리은행 [아이유편]](/data/ked/banner/ked1711607185.9872.jpg)
