Activist fund again urges SK Chem to sell SK Bioscience stake
An activist fund has again urged South Korea’s SK Chemicals to sell part of its stake in SK Bioscience or buy back treasury shares and cancel ...
Former KIC real estate head to serve as ADQ's chief investment officer
Cha Hoon, the former head of real estate investment at Korea Investment Corporation (KIC) is moving to Abu Dhabi’s state holding firm Abu Dhab...
Korean auto parts makers call for govt financial support
Representatives of South Korean auto parts makers on Friday called on the government to increase their financial support of the sector, including ta...
SK Chem says no immediate plan to sell SK Bioscience stake
SK Chemicals Co., the top shareholder of South Korea's SK Bioscience Co., is not considering reducing its stake in the vaccine maker in the immediat...
Korean eyewear startup to again design China's top dept store hall
South Korean eyewear brand Gentle Monster is slated to design the luxury hall space of the Chengdu branch of SKP, China’s top department sto...
Netflix reports jump in users, calls Squid Game its most popular show ever
Netflix Inc. added 4.4 million memberships in the third quarter, more than the company had forecast, as viewers flocked to the streaming platform wi...
L&F shares: Further upside potential after tenfold gains
Shares of L&F Co., South Korea’s top battery materials maker, have risen tenfold in the past year and a half, but many analysts bet the st...
S.Korea shows rare unease against US request for Samsung data
The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...
Samsung Elec unveils solution for stable 5G voice calls
Samsung Electronics Co., the world’s top smartphone maker, has developed a software solution for more stable 5G voice calls in a move to incre...
Batteries, chips strengthen US-Korea economic ties
Battery and chip industries are reinforcing economic cooperation between the United States and South Korea, expanding their ties focused on security...
North Korea fires two ballistic missiles off its East Coast
SEOUL—North Korea launched two ballistic missiles off its east coast on Wednesday, South Korean and Japanese officials said, in Pyongyang&rs...
Ruling party calls for BOK's active role to aid COVID victims
South Korea's ruling Democratic Party has called on the Bank of Korea (BOK) to take a more active role to aid pandemic-hit small business operators ...
AI startup Return Zero transforms phone calls into texts
South Korea-based startup Return Zero is enhancing the quality of life for people through its voice recognition app, Vito, which provides phone call...
RBW, label behind Mamamoo girl group, seeks Kosdaq listing
RBW Inc., the label behind K-pop star Mamamoo, is looking to go public after HYBE Co., the music and entertainment agency behind BTS, made a big h...
Atlas Labs makes it easy to transcribe phone calls via AI technology
South Korean startup Atlas Labs is making it easier for people to keep track of their phone conversations via Switch, an app that uses artificial in...
Goldman mulls redemption option for Coupang loan, but still undecided
Goldman Sachs has begun researching its right to call in the 300 billion won ($265 million) loan it provided against Coupang Corp.'s two distributio...
HiteJinro's fruit-flavored soju becomes huge hit among Russian MZers
South Korea's leading soju maker HiteJinro Co. has been enjoying great success in Russia thanks to strong demand for fruit-flavored soju from local ...
GM Korea to cut production; carmakers call for govt action
The South Korean arm of General Motors Co. has become the country’s first automaker forced to cut production due to the global semiconductor c...
Calls grow for further or indefinite extension of short-selling ban
South Korean retail investors are speaking out against the lifting of a one-year ban on stock short selling ahead of its resumption scheduled for mi...
Kyobo Life looks to invest in ESG bonds; calls for easing rules
South Korea’s Kyobo Life Insurance Co. is planning to invest several hundreds of millions of dollars in environmental, social and governance (ES...
FKI calls for further easing of new CVC rules to spur investment
The South Korean government, which recently decided to allow holding companies of conglomerates to run corporate venture capital (CVC) units, needs to...
NH Investment joins in $10.1 bn Abu Dhabi deal for $1.3 bn stake
NH Investment & Securities Co. Ltd. will invest about 1.6 trillion won ($1.3 billion) in Abu Dhabi National Oil Company’s (ADNOC) gas pipeli...
US hedge fund calls on Korean Air to sell baggage handling unit
A US hedge fund with a stake in Korea Airport Service Co. Ltd. (KAS), a majority owned by Korean Air Lines Co. Ltd., is calling on the carrier to sell...
Korean LPs receive massive capital calls from global funds
Pension schemes and savings funds in South Korea are busy responding to a flood of capital calls simultaneously from foreign investment firms which ar...
[ASK 2019 SUMMIT Panel Talks] Korean LPs call for more hedge fund communications
Korea Post and Kyobo Life Insurance Co. Ltd., the third-largest life insurer in South Korea, remain cautious about increasing exposure to hedge funds,...
Hyundai Motor hires Goldman, top law firm to fend off Elliott’s reform call
Hyundai Motor Group has bolstered the roster of its advisors with the addition of Goldman Sachs and US law firm Latham & Watkins LLP to step up fi...
[ASK 2017 SUMMIT] Korean LPs call for co-investment offers from GPs
When Korea Post issued a request for proposals on May 17 for global private debt investment of up to $300 million, the state agency added a new requir...
NH Investment drops talks to buy L’Oréal building near Paris
NH Investment & Securities Co. Ltd. has pulled out of negotiations to buy an office building under construction in a suburb of Paris after a due d...
NH Investment seeks to buy L’Oreal’s Paris office building from ADIA
NH Investment & Securities Co. Ltd., a brokerage arm of South Korea’s agricultural cooperative, is in the early stages of negotiations with th...
Korean insurers to acquire L’Oréal’s office building near Paris for $500 mn
South Korea’s Vestas Investment Management Co. Ltd. was selected as a preferred buyer of an office building of L’Oréal near Paris late last month, and...
