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Pension fundsYellow Umbrella sets sights on warehouses, secondaries
The Yellow Umbrella Mutual Aid Fund, a $14 billion savings arm of South Korean small business owners, is planning to further red...
Aug 13, 2021 (Gmt+09:00)
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Covid-19 treatmentBrazil gives emergency use nod for Celltrion’s COVID-19 treatment
South Korean drugmaker Celltrion Inc. has added Brazil to the list of countries that have granted emergency use approval for its...
Aug 13, 2021 (Gmt+09:00)
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Korean startupsBaby Shark creator eyes 2022 listing, begins due diligence
South Korea-based edtech startup SmartStudy, the creator of YouTube's current most-viewed video, Pinkfong Baby Shark Dance, has ...
Aug 13, 2021 (Gmt+09:00)
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Mergers & AcquisitionsIMM puts Hyundai LNG Shipping on sale
IMM put Hyundai LNG Shipping, South Korea’s top liquefied natural gas (LNG) tanker operator, on sale in a predicted $1.7 b...
Aug 13, 2021 (Gmt+09:00)
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IPOsShinsegae's e-commerce arm SSG.COM seeks 2022 IPO
SSG.COM, the e-commerce brand of South Korea's retail titan Shinsegae Inc., has begun the process to go public next year, with i...
Aug 13, 2021 (Gmt+09:00)
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Capital raisingSK E&S' $2 bn preferred share deal shortlisted to four candidates
SK E&S Co., the largest city gas supplier in South Korea, has shortlisted four candidates among seven preliminary bidders to...
Aug 13, 2021 (Gmt+09:00)
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Earnings‘Revenge shopping’ lifts Korean retail giants’ Q2 earnings
Major department stores in South Korea such as Shinsegae Department Store and Hyundai Department Store Co. have seen their earni...
Aug 13, 2021 (Gmt+09:00)
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M&AsMBK Partners to sell Doosan Machine Tools for $2.1 bn
MBK Partners, a North Asia-focused private equity firm, agreed to sell South Korean Doosan Machine Tools at $2.1 billion to the ...
Aug 13, 2021 (Gmt+09:00)
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Carbon neutralityS.Korea to launch first carbon credit ETFs in September
South Korea will launch its first set of carbon credit-themed exchange-traded funds (ETFs) next month, in a move to address the ...
Aug 13, 2021 (Gmt+09:00)
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Alternative investmentsOffice tower near Seoul up for sale for about $900 mn
Alpharium Tower, a landmark office tower in Pangyo Techno Valley near Seoul, will be put on the market later this year, which is...
Aug 13, 2021 (Gmt+09:00)
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AutomobilesSamsung Electro-Mechanics aims to take lead in MLCC market
South Korea-based electronic components maker Samsung Electro-Mechanics Co. is looking to take lead in the multi-layer ceramic c...
Aug 13, 2021 (Gmt+09:00)
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Foreign exchangeKorean won at 11-month low as foreigners dump $6.1 bn in stocks this week
The South Korean won tumbled to a near 11-month low as foreign investors dumped $6.1 billion in local stocks this week much more...
Aug 13, 2021 (Gmt+09:00)