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Lotte Insurance said on Sept. 25 that it would not consider delisting itself from the country’s main bourse Kospi, refuting rumors by some local media reports. Followed by the nation’s sole bourse...
Major South Korean lenders’ decision to invest some $100 million in a hotel and retail project at 20 Times Square in New York in 2018 has come back to bite them two years later, with the property’s f...
Korean investment banking group Mirae Asset Group is being swamped by litigations at home and abroad, including one against China’s Dajia Insurance Group surrounding high-profile hotel deals in the U...
With a mere estimate of the market value of Big Hit Entertainment, the label behind BTS, reaching nearly 4.6 trillion won ($3.97 billion), eyes are on the seven-member boy band that generates most of...
South Korean asset manager Shinhan BNP Paribas Asset Management said on Sept. 18 that it would beef up efforts to take climate change into account in its asset management business, as part of its gre...
Representatives of South Korean institutional investors said Tuesday they were increasingly tapping into distressed asset classes in their capital deployment to real estate assets, as the novel coron...
SK Holdings has raised 480 billion won ($409 million) by selling shares of logistics operator e-Shang Redwood Group through a block deal, with plans to invest the newly secured capital in its future ...
Amid heated competition over public subscriptions in Korea’s initial public offering market, the local top internet-only bank’s valuation on the pre-IPO market has soared, exceeding the combined mark...
Financial intelligence firm PEI said Sunday it plans to host its PERE Investor Forum: Seoul Virtual Experience 2020 on Tuesday. The virtual event is designed to connect South Korean investors with...
Kakao Games continued its bullish run on the Kosdaq market, with shares spiking by a daily permissible limit of nearly 30 percent for a second consecutive day on Sept. 11. As soon as trading began,...
Even before the pandemic, South Korean institutional investors pursued safe bets in infrastructure investment, given their tendency to work with top-tier external partners to manage their money and t...
Korean asset management houses are facing a ripple effect from London-based investor H2O Asset Management‘s decision to halt fund withdrawals for four weeks and to draw up measures to seek redress fr...
The Ministry of Science and ICT on Sept. 8 provided advance notice of its ordinances under the revised Telecommunications Business Act, which includes clauses that will bind foreign platform operator...
Ssangyong Cement Industry has proposed reducing its equity capital to pursue higher dividend and enhance shareholder value. Market watchers say the move makes the case for a possible exit of South Ko...
Health and beauty store Olive Young said on Sept. 4 it was preparing to apply for an initial public offering in 2022. CEO Koo Chang-gun announced the decision on the company’s in-house communicatio...
E-commerce giant launches video streaming service Coupang Play
Vice minister warns against market overheating during crisis management
Posco International invests in local laser cutting application firm
SK sets up hydrogen business group
Naver Cloud, GS Global join hands for overseas market
S. Korea invests $9.8m in World Bank green trust fund
Korean Air to sell Incheon yacht marina
Apple to make harder push in Korea with 2nd Apple Store
January 16, 2021
