Strong China sales lift Cosmax shares 20% in two months

Korea’s leading cosmetics manufacturer Cosmax Inc.’s share price is skyrocketing this year, thanks to the company's strong performance i...

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...

HK inno.N poised to bolster S.Korea's IPO lineup in H2

HK inno.N Corp., a pharmaceuticals unit of South Korea's Kolmar Korea, is set to go public in early August at a valuation of around 2 trillion won (...

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 ...

Behind Korea’s bizarre 'open run' race for Chanel bags

In South Korea today, running has become an increasing part of everyday life, particularly at a place where you would least expect to see a large gr...

Korea's travel agency stocks overvalued, analysts say

The stock prices of South Korea’s two leading travel agencies, HanaTour Service Inc. and Modetour Network Inc., have skyrocketed in 2021 with ...

Samsung reports highest Q1 revenue, expects chip rebound in Q2

Samsung Electronics Co. has recorded the highest first-quarter revenue figures in the company’s history, thanks to strong performances in its ...

Korea state agency sells $134 mn Woori Fin shares

The Korea Deposit Insurance Corp. (KDIC) has reduced its stake in Woori Financial Group to 15.25% by selling 149.2 billion won ($134 million) worth ...

Korean teachers' fund reaps best return since 2009

The Korean Teachers' Credit Union (KTCU) achieved its highest investment return in 11 years of 10% in 2020, led by substantial gains from domestic e...

Green Cross in talks with Russia to produce COVID-19 vaccine

South Korea’s pharmaceutical company Green Cross Corporation (GC) is holding a series of close meetings on contract manufacturing of Russia&rs...

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...

Korea’s chip exports to top $100 bn in 2021, second-best performance ever

South Korea’s semiconductor exports are expected to top $100 billion this year, led by rising demand for DRAM and system chips.According to th...

Korean Teachers’ Credit poised for best return since 2010

The Korean Teachers’ Credit Union (KTCU) is on course to post its strongest investment return in a decade of around 9%, driven by double-digit...

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...

BTS members eye $21 mn windfall each from agency’s IPO

The seven members of the global boy band BTS may see their shares in Bit Hit Entertainment Co. rocket to as high as 24 billion won ($21 million) each ...

The four best time travels in Korea; Jeonju, Gunsan, Gochang, Buan

Jeonju A trip to the Joseon Dynasty with over 500 years of history!Young people wearing beautiful hanbok walk among traditional Korean houses  se...

Korea state agency to sell up to 10% Woori Financial stake in block deal

The Korea Deposit Insurance Corp. (KDIC) has resumed the ongoing sale process of its 17.25% stake in Woori Financial Group in four years. It will offe...

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...

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...

Korean rating agency warns of fast alternative asset growth, resale risk

The pace of growth in overseas alternative investments by South Korean securities companies has been “too rapid” over the past 18 months and brought t...

[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...

NPS concerned over loss of trust; CIO calls for going back to basics

The ongoing investigations into the National Pension Service (NPS) by special prosecutors have crippled the South Korean fund’s operations, and its ch...

[ASK 2016 SUMMIT] NPS slows offshore property purchase; calls for customized proposal from GPs

The global alternative investment head of the National Pension Service (NPS), Sang-Hyun Yoo, cautioned about the heightened competition and price spik...

NPS faces calls for GP screening system revision, ahead of $600 mn mandate awards

The National Pension Service (NPS) of South Korea has drawn only five bidders for its planned 500 billion won ($426 million) commitments to be made to...