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Private equity
MBK closes SSF II at $1.8 bn, largest Asian SSF since 2019
South Korea’s MBK Partners, one of the largest private equity firms in Asia, said it has raised $1.8 billion for its second special situations...
Nov 17, 2021 (Gmt+09:00)
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Retail
Korean retailers scale back on Southeast Asian operations
South Korea's top three retail groups -- Lotte, Shinsegae and GS -- are struggling with increased losses in the Southeast Asian market, once believe...
Nov 16, 2021 (Gmt+09:00)
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Monthly trade infographics
S.Korea's IP trade balance swings to black in H1 2021
Success of Korean films on OTT platforms South Korea posted a surplus in its intellectual property rights trade balance in the first half of 2021. ...
Nov 10, 2021 (Gmt+09:00)
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Sovereign wealth funds
Real estate investment head resigns from KIC
The head of real estate investment at Korea Investment Corporation (KIC) has resigned from the South Korean sovereign wealth fund. Cha Hoon, appoint...
Nov 05, 2021 (Gmt+09:00)
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Markets
Korea to buy back treasury bonds to curb rising interest rates
South Korea plans to buy back 2 trillion won ($1.7 billion) worth of government bonds in a move to stem a jump in market interest rates.The Ministry...
Nov 03, 2021 (Gmt+09:00)
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Korean chipmakers
SK Hynix to buy back ex-foundry unit after strong Q3 results
SK Hynix Inc. will be buying back the remaining stake in its former unit Key Foundry to double its foundry capacity, after its third-quarter operati...
Oct 26, 2021 (Gmt+09:00)
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Korean startups
SoftBank-backed Riiid acquires Langoo, eyes Japan's edtech market
South Korea-based artificial intelligence startup Riiid is looking to boost its presence in Japan following the acquisition of its Japan-based distr...
Oct 08, 2021 (Gmt+09:00)
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Economy
S.Korea plans to tighten ability-to-repay rules
South Korea's new household lending rules, set to be unveiled next month, will center on tightening the assessment of borrowers' repayment capabilit...
Sep 27, 2021 (Gmt+09:00)
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IPOs
Kakao Pay pushes back IPO to November despite tight schedule
Kakao Group’s payment services unit Kakao Pay Corp. has pushed back its IPO to November due to growing concerns regarding the impact of regula...
Sep 24, 2021 (Gmt+09:00)
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Robotics
KT, Samsung Medical Center extend ties in building robot-driven hospitals
KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...
Sep 16, 2021 (Gmt+09:00)
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Private equity
GIC, PEFs face further delays to Kyobo exit after ruling
Singapore’s GIC, Canada's Ontario Teacher's Pension Plan (OTPP) and private equity firms, including Affinity Equity Partners, may need to endu...
Sep 07, 2021 (Gmt+09:00)
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Entertainment
Disney Plus' S.Korea launch delayed after Netflix's court loss
Disney Plus, a global over-the-top (OTT) streaming service provider, has pushed back its South Korean service launch by about a quarter to the end o...
Jul 20, 2021 (Gmt+09:00)
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IPOs
SK REIT to raise $266 million via Kospi IPO in second half
SK Inc.’s real estate investment trust (REIT) affiliate plans to raise as much as 300 billion won ($266 million) via an initial public offerin...
Jun 30, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Fried chicken chain bids for Outback Steakhouse Korea
South Korea's No. 2 fried chicken brand BHC Group has submitted a binding offer for the domestic operations of Outback Steakhouse, an Australian-the...
Jun 25, 2021 (Gmt+09:00)
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IPOs
Tencent-backed Krafton's mega IPO seen as overvalued
South Korea-based game publisher Krafton Inc.'s highly-anticipated initial public offering is raising concerns that it may be overvalued. The compan...
Jun 17, 2021 (Gmt+09:00)
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Earnings
SK Innovation eyes strong battery orders after returning to Q1 profit
SK Innovation Co., a major South Korean oil refiner and battery maker, has returned to an operating profit in the first quarter, boosted by gains in...
May 13, 2021 (Gmt+09:00)
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Logistics
Goldman-backed Korea Superfreeze to build $2.2 bn facilities
Korea Superfreeze Co., 24.95% owned by Goldman Sachs PIA, will spend 2.5 trillion won ($2.2 billion) in building six cold storage facilities in Sout...
Apr 26, 2021 (Gmt+09:00)
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Korean stock market
Samsung Display sells back 35 million Corning shares for $1.6 billion
Samsung Display Co., South Korea’s largest display maker, is selling 35 million shares in Corning Inc. back to the US company for an estimated...
Apr 26, 2021 (Gmt+09:00)
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Cryptocurrencies
Chinese investors enjoy bitcoin arbitrage gains on Kimchi Premium
Chinese investors trading in digital assets such as bitcoin are reaping decent arbitrage gains in South Korea as the so-called Kimchi Premium has re...
Apr 13, 2021 (Gmt+09:00)
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IPOs
Samsung-backed semiconductor parts maker eyes IPO
MiCo Ceramics Ltd., a semiconductor equipment parts subsidiary of the industrial ceramics maker MiCo Co., is pushing forward with IPO preparations. ...
Apr 09, 2021 (Gmt+09:00)
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Batteries
ITC rules in favor of SK Innovation over LG Energy in US battery patent suit
The International Trade Commission (ITC) has ruled in favor of SK Innovation Co. in a US battery patent suit filed by LG Energy Solution Ltd., which...
Apr 01, 2021 (Gmt+09:00)
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Fintech
SoftBank-backed Balance Hero raises $10 mn in debt funding from India
South Korean fintech startup Balance Hero has raised around $10 million in debt funding led by the India-based non-banking financial company (NBFC) ...
Mar 31, 2021 (Gmt+09:00)
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REITs
SK Group eyes IPO of headquarter-backed REIT in 2021
South Korea’s SK Group has begun the process to list a real estate investment trust (REIT) backed by its head office building and some 100 pet...
Mar 03, 2021 (Gmt+09:00)
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IPOs
Blackstone-backed handbag maker Simone readies for IPO
South Korea-based luxury handbag maker Simone Acc. Collection Ltd. is pushing for an initial public offering this year, paving the way for the globa...
Feb 26, 2021 (Gmt+09:00)
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IPOs
Korean REIT backed by Amazon’s Japan warehouse eyes $280 mn IPO
A South Korean real estate investment trust (REIT) backed by Amazon’s largest logistics center in Japan and an office complex in Seoul is plan...
Feb 15, 2021 (Gmt+09:00)
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Future mobility
Hyundai-partnered world-first urban airport project gets UK govt backing
A British urban air mobility project, in which South Korea’s Hyundai Motor Co. is a technology partner, has been chosen as the winner of the U...
Jan 29, 2021 (Gmt+09:00)
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IPOs
US data centers-backed REIT seeks $90 mn Korean IPO in 2021
A South Korean real estate investment trust (REIT), backed by data centers in North America, is preparing an initial public offering worth 100 billi...
Jan 28, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Ssangyong heads for court protection as Mahindra backs off
India’s Mahindra and Mahindra Ltd. has pulled out of talks to sell Ssangyong Motor Co. to HAAH Automotive Holdings Inc., a US automobile distr...
Jan 25, 2021 (Gmt+09:00)
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Venture capital
S.Korea to back $18 bn domestic VC fund plan by 2025
The South Korean government will inject 1 trillion won ($924 million) into homegrown venture capital funds this year, with a plan to launch three VC...
Jan 04, 2021 (Gmt+09:00)
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Tech, Media & Telecom
SoftBank-backed Coupang enters Korea’s competitive video streaming arena
South Korea’s e-commerce giant Coupang Corp. has thrown down the gauntlet to compete against Netflix Inc. and other local streaming service pr...
Dec 24, 2020 (Gmt+09:00)
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