wakemake faces uae
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IPOs
Hyundai Samho’s IPO faces hurdle on steel prices, baffling IMM PE
Back in the early 2010s, Hyundai Samho Heavy Industries Co. was a strong shipbuilder earning 800 billion won ($696 million) a year on sales of 4.8 t...
Jul 27, 2021 (Gmt+09:00)
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Airlines
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...
Jul 22, 2021 (Gmt+09:00)
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Metaverse
Soaring metaverse stocks face mixed outlook in Korea
The share prices of South Korean metaverse companies have skyrocketed throughout this year, in an environment where fan meetings, press conferences ...
Jul 21, 2021 (Gmt+09:00)
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Batteries
Korea unveils $35 billion battery investment plan to catch up to China
South Korea’s major battery makers have pledged to invest 40.6 trillion won ($35.4 billion) in the electric vehicle battery industry over the ...
Jul 08, 2021 (Gmt+09:00)
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Korean chipmakers
SK Siltron to ramp up wafer production from 2022
SK Group’s silicon wafer affiliate SK Siltron Co. is planning to expand wafer production facilities amid growing demand from the global chip m...
Jul 02, 2021 (Gmt+09:00)
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Markets
Bain report renews debate on alternative trading system in Korea
With South Korea’s stock markets maintaining bullish momentum this year, debate about setting up an alternative trading system (ATS) in the co...
Jun 28, 2021 (Gmt+09:00)
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Branding
LG unveils fresh-faced logo designs to firm up brand storytelling
South Korea-based electronics giant LG has revealed new designs of its logo, "Face of the Future," in a move to upgrade its brand storytelling. On J...
Jun 11, 2021 (Gmt+09:00)
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Venture capital
Korea FoF manager widens offshore VC pool into UAE, Vietnam
The Korea Venture Investment Corp. (KVIC), a quasi-government agency established to support South Korean startups and venture capital industry, has ...
Jun 08, 2021 (Gmt+09:00)
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Mezzanine loans
Mirae, NH face lawsuit over Drew Las Vegas loan loss
Mirae Asset Securities Co. and NH Investment & Securities Co. have been sued by South Korean institutional investors over the loss of their comb...
Jun 01, 2021 (Gmt+09:00)
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Automobiles
Heavy cost pressure set to drive up car prices
South Korea’s automakers are facing a drastic increase in manufacturing costs. Raw material prices are soaring and the global chip shortage re...
Jun 01, 2021 (Gmt+09:00)
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Debt financing
Meritz Sec faces losses from $350 mn loan on NY condo
South Korea's Meritz Securities Co. is at high risk of incurring losses from its $350 million lending on a luxury condominium tower in Manhattan, Ne...
Apr 05, 2021 (Gmt+09:00)
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IPOs
Market Kurly faces bumpy road to 2021 US listing
South Korea's Kurly Inc., better known by its brand name Market Kurly, has recently terminated its contract with IPO manager Samsung Securities Co.,...
Mar 16, 2021 (Gmt+09:00)
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Private debt
Korean investors face $270 mn loss on Las Vegas hotel loans
South Korean investors in the Drew Las Vegas development project are at higher risk of losing their investment of 300 billion won ($271 million) in ...
Feb 12, 2021 (Gmt+09:00)
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Short selling
S.Korea's short-selling ban may face second extension; longest to date
South Korea’s financial authorities and the ruling Democratic Party are likely to extend the country's ban on short selling for another three ...
Feb 01, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Delivery Hero could face up to $1.4 bn in fines if it fails to sell Yogiyo
Food delivery giant Delivery Hero SE is facing some time pressure to sell South Korea’s No. 2 food delivery app Yogiyo, estimated at 2 trillio...
Jan 18, 2021 (Gmt+09:00)
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Samsung Group
Samsung heirs may face record-high $10 bn inheritance tax bill
The Samsung Group heirs, including Samsung Electronics Co.'s de facto leader Jay Y. Lee, may be looking at a record-high $9.9 billion inheritance ...
Dec 22, 2020 (Gmt+09:00)
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Korean chipmakers
Samsung foundry ramps up chip packaging to compete against TSMC
The battleground for global foundry leaders – Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. (TSMC) – is shifting fr...
Nov 30, 2020 (Gmt+09:00)
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Mergers & Acquisitions
Delivery Hero, Woowa $4 bn merger faces hiccup due to KFTC
The proposed merger between Germany-based Delivery Hero SE and South Korea's Woowa Brothers Corp. has hit a roadblock due to the Korea Fair Trade Co...
Nov 16, 2020 (Gmt+09:00)
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Airlines
Korean Air bid to acquire Asiana faces challenges, activist opposition
The owner of Korean Air Lines Co.’s reported bid to acquire local rival Asiana Airlines Inc. faces several hurdles, including painful job cuts, ...
Nov 13, 2020 (Gmt+09:00)
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Logistics
Korean firms face triple whammy of soaring KRW, freight rates, Biden
South Korea’s major companies are facing a triple whammy of challenges — a stronger Korean currency, soaring seaborne and air freight rate...
Nov 08, 2020 (Gmt+09:00)
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Startups
[Focus] Korean unicorns face reality check from US startups poised for IPOs
With a number of high-profile US startups in line for initial public offerings, investors in South Korean startups may be looking to Wall Street for c...
Aug 31, 2020 (Gmt+09:00)
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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...
Jun 28, 2016 (Gmt+09:00)