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REITsJR AMC buys $140 mn stake in NY office building
South Korea's JR AMC Co. has signed a $140 million agreement to buy a 49.9% stake in a New York office building from JPMorgan As...
May 12, 2021 (Gmt+09:00)
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ESGHanwha Group secures $4.4 bn from KDB to finance ESG business
South Korea’s Hanwha Group has clinched a 5 trillion won ($4.4 billion) commitment from the state-run Korea Development Ba...
May 12, 2021 (Gmt+09:00)
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Alternative investmentsKorea Post commits €80 mn to Sweden's EQT Partners
Korea Post's insurance arm has committed €80 million ($97 million) to a new flagship fund of Swedish private equity firm EQ...
May 12, 2021 (Gmt+09:00)
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Culture & TrendsHiteJinro to export Terra beer to Hong Kong, Singapore, US
South Korea’s record-breaking Terra beer will begin exports to Hong Kong this month, and to Singapore and the United State...
May 12, 2021 (Gmt+09:00)
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Corporate bondsGoldman Sachs to issue its first Arirang bond in three years
Goldman Sachs will issue its first Arirang bond since 2018, an action interpreted by financial circles as a sign of the investme...
May 12, 2021 (Gmt+09:00)
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ASK 2021Howard Marks warns of inflation, higher risk tolerance
Current high asset valuations might be justified by record-low interest rates supported by expansionary fiscal and monetary poli...
May 12, 2021 (Gmt+09:00)
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AutomobilesHyundai’s premium Genesis brand sells over 500,000 cars since launch
Hyundai Motor Co.’s standalone high-end brand Genesis has reached a landmark with sales of over 500,000 cars since its lau...
May 12, 2021 (Gmt+09:00)
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Korean startupsCharacter IP startup Studio Origin wraps up $4 mn Series A round
South Korea-based character entertainment startup Studio Origin Corp. has successfully concluded a 5 billion won ($4.4 million) ...
May 12, 2021 (Gmt+09:00)
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Hydrogen economyEight of top 10 Korean conglomerates betting on hydrogen
There was a time when virtually all major South Korean firms were racing to make something big and heavy. Power plants, offshore...
May 12, 2021 (Gmt+09:00)
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COVID vaccinesSamsung Biologics in talks to produce Pfizer’s COVID-19 vaccine
South Korea’s Samsung Biologics Co. is in talks with Pfizer Inc.to produce the US drugmaker’s COVID-19 vaccine under...
May 12, 2021 (Gmt+09:00)