HK inno.N’s IPO attracts $25 bn from retail investors
HK inno.N Corp. (inno.N), a pharmaceuticals unit of Kolmar Korea, drew a massive $25 billion from retail investors for its listing thanks to its s...
Current asset prices not irrational: Howard Marks
Many asset prices have skyrocketed to their highest-ever levels as interest rates remain historically low, but that does not mean their current valu...
Canada’s CPPIB promotes Suyi Kim to global head of private equity
The Canada Pension Plan Investment Board (CPPIB) has named Suyi Kim, its Asia head, as the global chief of its private equity business, effective Se...
Korea redefines dining experience with meal kits and delivery food
A good old-fashioned, home-cooked meal is becoming a thing of the past in Korean households, with a wide range of home meal replacements (HMRs) an...
POBA commits $150 mn to Brookfield secondaries fund
South Korea's Public Officials Benefit Association (POBA) has ventured into the real estate secondaries market, committing $150 million to Brookfiel...
Korea’s steel stocks make big rebound with rosy H2 outlook
The share prices of South Korea’s major steelmakers, which observed a period of a downturn over the last two months, is making a rebound amid ...
Tencent, Korea Value poised to see sixfold return from KakaoBank
Chinese technology giant Tencent Holdings, Korea Value Asset Management Co. and South Korea's top lender Kookmin Bank are among a group of sharehold...
Samsung SDI to build EV battery plant in US
Samsung SDI Co. plans to set up an electric vehicle (EV) battery plant in the US, joining South Korean battery producers’ move to gain ground ...
Korea’s major banking groups post record-high earnings in H1
South Korea’s major banking groups have posted the highest-ever net profit figures in the first half of this year. Shinhan Financial Group rep...
PEFs claim one-third of S.Korea's M&A deals in H1
Private equity firms (PEFs) have participated in one in every three buyout deals involving South Korean companies in the first six months of the yea...
Hyundai-sponsored archers reign supreme with 9th-straight gold in Tokyo
Chung Euisun, Hyundai Motor Group Chairman and chair of the Korea Archery Association (KAA), was captured on TV July 25, watching the women’s ...
Hyundai Honorary Chairman Chung inducted into Automotive Hall of Fame
Hyundai Motor Group Honorary Chairman Chung Mong-koo was inducted into the Automotive Hall of Fame (AHF) on Thursday, acknowledging his work in deve...
Bid for botox maker Hugel to kick off in late July, attracts PEFs
The bid to acquire a controlling stake in Hugel Inc., South Korea’s leading maker of botulinum toxin, more commonly known as botox, from US pr...
Korean housing prices soar to $5 tn in Moon admin with record growth
South Korean house prices have risen more during the President Moon Jae-in administration than any other as the current government has focused more ...
Delta variant, rate hike views hurt Korean lower-rated corporate bond sales
South Korean companies with low credit ratings around BBB are suffering weaker demand in the primary market. A spread in the Delta coronavirus varia...
Sandbox Network sets up China affiliate for business expansion
South Korea’s largest multichannel network (MCN) company Sandbox Network Inc. has made another major step forward in expanding its China busin...
Delivery Hero gets 5 more months to sell Yogiyo until January
South Korea’s antitrust regulator said on Thursday it is extending the deadline for Germany’s Delivery Hero SE to sell food delivery pla...
Korean drugmakers race to release Stelara biosimilars
South Korea’s major drugmakers such as Celltrion Inc., Samsung Bioepis and Dong-A St are going for broke to release biosimilars of Stelara, Jo...
Korean LCCs continue to face worst market conditions in 2021
Korea’s low-cost carriers (LCCs) are projected to post another period of financial loss in the second quarter of 2021.According to analyst est...
Korean PEFs' 2020 investments, exits at record highs
Private equity firms registered in South Korea posted their largest-ever amount of both investments and divestments in 2020 which were almost balanc...
Korean SMEs post record-high exports in H1
Korea’s small- and medium-sized enterprises (SMEs) have posted their highest-ever first-half exports this year. The Ministry of SMEs and Start...
Apparel retailer F&F joins in $1.7 bn TaylorMade deal
F&F Co., the South Korean retailer of the outdoor clothing brands Discovery Expedition and MLB, has been selected as the strategic buyer of Tayl...
Korean Air won't sell Asiana's budget carriers post-merger
Korean Air Lines Co. (KAL) will not put Asiana Airlines Inc.'s two low-cost carriers (LCCs) up for sale after it completes its 1.8-trillion-won ($1....
GCM Grosvenor wins POBA's $300 mn infra SMA mandate
South Korea's Public Officials Benefit Association (POBA) has recently picked GCM Grosvenor, a US alternative investor, as its new separate account ...
COVID-19 test kit supplier makes modest market debut
SD Biosensor Inc., the world's largest COVID-19 test kit seller, made a modest debut on the Korea Exchange on Friday, defying market expectations th...
Korea forms ambitious public-private green ammonia alliance
South Korea has taken a major step forward in building the hydrogen economy by forming an extensive green ammonia alliance involving 13 private firm...
Investors give warm welcome to Korean firms' capex hike for future growth
Capital raising through new share sales and debt to expand facilities wasn’t good news for investors as the move often led to a fall in share ...
BlackRock Real Assets makes first Korean offshore wind investment
BlackRock Real Assets, a unit of the world’s largest asset manager BlackRock Inc., has acquired a 100% equity stake in Korea Renewable Energy ...
Affinity, GS Retail likely to acquire Korean delivery platform Yogiyo
A consortium led by global investment firm Affinity Equity Partners is the most likely candidate to acquire South Korea’s second-largest food ...
The power of rubbish: Korean firms make big money from garbage
There is money to be made in garbage. Such is the growing consensus among investors as well as waste treatment companies amid tighter environmental ...
