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Energy
OCI to invest up to $1.5 bn in Malaysia’s polysilicon plant

KUALA LUMPUR -- OCI Holdings Co., South Korea’s leading chemical and green energy company, plans to invest up to 2 trillion won ($1.5 billion) in Malaysia to increase the manufacturing capacity of the polysilicon for solar panels and expand its product portfolios into the p

8 HOURS AGO

1 Min read
Insurance
Korea's Lotte Insurance put on sale for around $1.5 bn

Lotte Group’s non-life insurance affiliate Lotte Insurance Co., has been put on sale for around 2 trillion won ($1.5 billion), according to banking sources said on Tuesday. Seoul-based private fund manager JKL Partners is set to sell a 77% stake in the South Korean insurer

3 HOURS AGO

1 Min read
Korean stock market
Krafton shares sink as SK Square taps 2.2% block trade

Shares of Krafton Inc., South Korea’s gaming behemoth, lost about 8% on Tuesday on news that SK Square Co., an investment arm of the country’s second-largest conglomerate SK Group, is selling its entire 2.2% stake in a block trade, which would fetch up to 272.5 billio

8 HOURS AGO

2 Min read
N.Korean hackers attack South’s defense contractors
North Korea
N.Korean hackers attack South’s defense contractors

North Korean hackers allegedly attacked South Korean arms manufacturers and stole some of their technical data for more than a year, Seoul’s police said on Tuesday, raising the alarm for the South’s national security.North Korea’s three largest hacking groups -- Lazarus, Kimsuky and Andariel – carried out cyberattacks on 83 defense contractors in the South and took confidential information from about 10 of them from Octobe

3 HOURS AGO

4 Min read
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  • main-프리미엄구독배너(뉴스레터용x)

COMPANIES

  • Samsung Asset eyes expansion into US ETF market
    Asset management
    Samsung Asset eyes expansion into US ETF market

    NEW YORK – South Korea’s largest asset manager Samsung Asset Management Co. is leveraging its strategic partnership with a US investment firm to increase exchange-traded fund (ETF) sales, making the financial products appeal to both Korea

    6 HOURS AGO

    2 Min read
  • Used goods platform Gugus shines in slowing luxury market
    Retail
    Used goods platform Gugus shines in slowing luxury market

    Gugus, South Korea’s largest online retailer of secondhand luxury goods, posted a double-digit growth in revenue and transactions in the first quarter of this year after a robust 2023, bucking the spending slowdown trend in the high-end goods m

    6 HOURS AGO

    3 Min read
  • IBK, Mizuho Bank agree on $218-mn committed line
    Banking & Finance
    IBK, Mizuho Bank agree on $218-mn committed line

    South Korea’s state-run Industrial Bank of Korea (IBK) has agreed on a 300 billion won ($218 million) committed credit facility with Japanese leading lender Mizuho Bank, allowing the Korean policy bank to secure a stable level of foreign curren

    6 HOURS AGO

    1 Min read
  • SK Telecom, SoftBank to collaborate for SV measurement
    ESG
    SK Telecom, SoftBank to collaborate for SV measurement

    South Korea’s SK Telecom Co. announced on Tuesday that it signed a memorandum of understanding (MOU) for cooperation in measuring social value (SV) with Japan's SoftBank Group Corp. and the Center for Social Value Enhancement Studies (CSES).The

    7 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

  • DCM

    Published: Dec 09, 2022

    Last updated: Jan 30, 2023

  • Point Mobile

    Published: Sep 14, 2021

    Last updated: May 10, 2022

  • Jong Ie Nara

    Published: May 26, 2021

    Last updated: Apr 15, 2022

  • T-Robotics

    Published: Mar 25, 2021

    Last updated: Jan 30, 2023

Future Unicorns

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  • Fridays Lab

    Published: Jun 30, 2023

    Last updated: Nov 10, 2023

  • S.lab Asia

    Published: Jul 20, 2022

    Last updated: Jul 21, 2022

  • iCore

    Published: Oct 07, 2022

    Last updated: Apr 17, 2023

  • L-Base

    Published: Oct 21, 2022

    Last updated: Nov 16, 2022

  • BJ BIOCHEM

    Published: Oct 21, 2022

    Last updated: Nov 04, 2022

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KOREAN INVESTORS

NPS loses $1.2 bn in Korean stocks on weak battery shares in Q1
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
Infrastructure
Infrastructure secondaries continue to rise amid inflation: Stafford

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)

4 Min read

M&A

ECM/DCM

MARKETS

  • 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
  • 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
Brokerage firms' bonds draw investors amid rate cut hopes
Corporate bonds
Brokerage firms' bonds draw investors amid rate cut hopes

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)

1 Min read
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