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Pension fundsNPS bows to pressure to up domestic equity ceiling
The National Pension Service has bowed to pressure from retail investors to raise the upper limit for domestic stock purchases, ...
Apr 09, 2021 (Gmt+09:00)
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Aerospace & DefenseS.Korea rolls out next-generation fighter jet KF-21 with local technology
South Korea on Friday unveiled a prototype of its homegrown fighter jet, the KF-21, two decades after it vowed to develop a next...
Apr 09, 2021 (Gmt+09:00)
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SteelDongkuk Steel’s Brazil plant: From ugly duckling to golden swan
For Dongkuk Steel Mill Co., South Korea’s third-largest steelmaker, Companhia Siderurgica do Pecem steel mill in Brazil, c...
Apr 09, 2021 (Gmt+09:00)
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IPOsSamsung-backed semiconductor parts maker eyes IPO
MiCo Ceramics Ltd., a semiconductor equipment parts subsidiary of the industrial ceramics maker MiCo Co., is pushing forward wit...
Apr 09, 2021 (Gmt+09:00)
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Korean chipmakersShares of chip machinery makers rise on foundry boom
South Korean manufacturers of chip production equipment have seen their share prices rising sharply, buoyed by a series of new o...
Apr 09, 2021 (Gmt+09:00)
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IPOsPUBG publisher applies for South Korean 2021 IPO
South Korea-based game developer Krafton Inc., touted as one of this year's hottest initial public offerings, has filed a prelim...
Apr 09, 2021 (Gmt+09:00)
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Platform valuationsKakao Entertainment’s enterprise value seen above $8.9 billion
Kakao Entertainment Corp. is working to make a trading debut on the domestic bourse in the latter part of this year or in 2022 a...
Apr 09, 2021 (Gmt+09:00)
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EntertainmentIyuno-SDI Group raises $160 mn follow-on investment from SoftBank
Iyuno-SDI Group, a South Korean content localization firm, has received $160 million in funding from SoftBank Vision Fund 2, a f...
Apr 09, 2021 (Gmt+09:00)
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Tech, Media & TelecomKT to build high-speed satellite network in Indonesia
KT Sat Co., a satellite subsidiary of South Korea’s telecom giant KT Corp., will set up a high-speed satellite telecom net...
Apr 09, 2021 (Gmt+09:00)
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Block dealKorea state agency sells $134 mn Woori Fin shares
The Korea Deposit Insurance Corp. (KDIC) has reduced its stake in Woori Financial Group to 15.25% by selling 149.2 billion won (...
Apr 09, 2021 (Gmt+09:00)