Bain Capital Credit
Scope
Date
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Real estate
Buying a home in Seoul becomes tougher in 2021
Saving income to buy a house in South Korea has become more difficult and taking longer, according to a report by the Ministry of Land, Infrastruc...
Dec 21, 2022 (Gmt+09:00)
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Airlines
Air Busan to resume Busan-Vientiane flights after 3-year hiatus
Air Busan Co. recently expanded the number of flights on its Japan routes and continues to resume flights on its Southeast Asian routes. It will now...
Dec 19, 2022 (Gmt+09:00)
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IPOs
Bionote slashs IPO price to 9,000 won, 50% lower than previous valuation
Everybody is aware that investment fever on biotech firms has already cooled due to rising interest rates and concerns over the fizzling economy, an...
Dec 13, 2022 (Gmt+09:00)
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Sovereign wealth funds
KIC buys stake in US credit asset manager Golub Capital
Korea Investment Corporation (KIC) has made its first direct investment in an asset management firm, the South Korean sovereign wealth fund said on ...
Dec 09, 2022 (Gmt+09:00)
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Economy
Korea October current account surplus tumbles as exports slide
South Korea’s current account surplus plunged as exports fell for a second straight month, adding to concerns over a slowdown in Asia’s ...
Dec 09, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Baring PEA breaks $1 bn PI Advanced Materials buyout deal
Hong Kong-based Baring Private Equity Asia has broken a deal to buy a majority stake in the world’s largest polyimide film manufacturer PI Adv...
Dec 08, 2022 (Gmt+09:00)
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Venture capital
Daol Financial Group to let go of VC affiliate, hit by liquidity crunch
The Daol Financial Group is widely expected to let go of its venture capital arm in the midst of a worsening liquidity crunch. The VC firm Daol...
Dec 06, 2022 (Gmt+09:00)
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Banking & Finance
BNK Capital launches operations at Kyrgyzstan subsidiary
Korea's loan and financing company BNK Capital on Thursday said its subsidiary in Kyrgyzstan, MCC BNK Finance LLC, has launched operations as its si...
Dec 02, 2022 (Gmt+09:00)
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Korean startups
Medical data platform operator JNPMEDI raises $10 mn in Series A funding
Medical data platform operator JNPMEDI Inc. announced on Tuesday that it raised 14 billion won ($10.3 million) in a Series A round. Pavilion Ca...
Nov 22, 2022 (Gmt+09:00)
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Batteries
LG Chem to build $3.2 billion US cathode plant in Tennessee
LG Chem Ltd., South Korea’s largest chemicals maker, said on Tuesday it is building a $3.2 billion cathode plant in Tennessee, its first facto...
Nov 22, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Eugene Group, Stonebridge Capital mull logistics firm Mesh acquisition
South Korean conglomerate Eugene Group, one of the largest construction materials suppliers in the country, is planning to acquire local logistics c...
Nov 17, 2022 (Gmt+09:00)
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Cryptocurrencies
FTX implosion disrupts interest issuance by GOPAX product
The implosion of the Bahamas-based crypto exchange FTX is causing ripple effects around the world, and South Korea is no exception.Seoul-based cry...
Nov 17, 2022 (Gmt+09:00)
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Artificial intelligence
LG CNS to design smart city system for Indonesia's new capital
South Korea's LG CNS will provide a smart city design for Indonesia's new capital of Nusantara. The company on Tuesday said it signed the day before...
Nov 15, 2022 (Gmt+09:00)
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Corporate bonds
Korean firms at risk of credit rating downgrade on Legoland woes
South Korean companies are at risk of credit rating downgrades as the fallout of a debt default by the domestic developer of a Legoland theme park r...
Nov 13, 2022 (Gmt+09:00)
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Banking & Finance
Weak won leads HSBC's Seoul branch to raise capital
The Seoul branch of the UK-based Hong Kong and Shanghai Banking Corp. (HSBC) has made a capital increase of over 20% to raise its capital adequacy r...
Nov 07, 2022 (Gmt+09:00)
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Business & Politics
Korea, Hyundai Motor request 3-year reprieve on US EV tax credit law
The South Korean government and the country’s top automaker Hyundai Motor Co. have requested the US government give Korean carmakers a three-y...
Nov 04, 2022 (Gmt+09:00)
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Alternative investments
We’re in a ‘range of fairness’ in terms of normal balances: Howard Marks
When Oaktree Capital Management Co-Founder and Co-Chairman Howard Marks appears on TV, he is often asked whether to embrace a risk-on or risk-off st...
Nov 04, 2022 (Gmt+09:00)
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Aerospace & Defense
SpaceX to receive $44 mn injection from Korean high-net-worth individuals
South Korea’s Mirae Asset Securities Co., which committed $100 million to Elon Musk’s Space Exploration Technologies Corp. (SpaceX) in J...
Nov 03, 2022 (Gmt+09:00)
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Korean stock market
S.Korea prepares to launch $7.6 bn stock market stabilization fund
South Korea last week completed the process needed to launch a stock market stabilization fund of 10.76 trillion won ($7.6 billion). The timing for ...
Nov 02, 2022 (Gmt+09:00)
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Batteries
EcoPro BM to build battery materials plant in Canada
EcoPro BM Co., South Korea’s leading battery material producer, is set to build a plant in Canada with a $704 million investment in a partners...
Oct 31, 2022 (Gmt+09:00)
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ASK 2022
NPS increases exposure to secondaries, direct lending
South Korea’s National Pension Service (NPS) will expand investments via secondaries and direct lending, its Head of Strategic Alternative Inv...
Oct 28, 2022 (Gmt+09:00)
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Corporate bonds
BOK to ease Legoland developer default-led credit crunch
South Korea’s central bank joined rescue moves to improve liquidity in the local bond market and alleviate the fallout from a debt default by ...
Oct 28, 2022 (Gmt+09:00)
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Batteries
LG Energy set to ink graphite deal with Australia’s Syrah Resources
South Korea’s LG Energy Solution Ltd. said on Thursday it has signed an initial agreement to explore graphite procurement from Australia&rsquo...
Oct 20, 2022 (Gmt+09:00)
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Korean startups
Despite liquidity crunch, 5 verticals rake in venture capital investment
The global venture capital ecosystem has been contracting since the second quarter of last year, hit by rising inflation and rate hikes. New ...
Oct 13, 2022 (Gmt+09:00)
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Batteries
SK On in 10-year lithium deal with Australia’s Lake Resources
SK On Co., a leading South Korean battery maker, said on Wednesday it has signed a long-term contract to procure lithium, a key battery material, fr...
Oct 12, 2022 (Gmt+09:00)
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Markets
Stay in market despite rising interest rates: Howard Marks
NEW YORK – Investors should stay in the financial market as rising interest rates have put the values of assets such as stocks and bonds at ap...
Oct 11, 2022 (Gmt+09:00)
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Batteries
POSCO Holdings to invest extra $1.1 billion in Argentine lithium plant
POSCO Group, which owns South Korea’s largest steelmaker, plans to invest an additional $1.09 billion, or 5 trillion won, in its lithium produ...
Oct 11, 2022 (Gmt+09:00)
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Private equity
Hahn & Co. to sell off Korea's major biofuel maker SK Eco Prime
South Korean private equity firm Hahn & Company is set to put a 100% stake in biofuel manufacturer SK Eco Prime on sale, with Goldman Sachs as a...
Oct 07, 2022 (Gmt+09:00)
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Korean startups
Korea's data solution provider for small biz becomes unicorn
Korea Credit Data (KCD), a South Korean data solutions provider for small business owners, has become a Korean unicorn, or an unlisted company with ...
Oct 06, 2022 (Gmt+09:00)
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Airlines
OPEC output cut to worsen Korean airlines’ woes
South Korea’s airlines, already slammed by a weaker won currency and rising interest rates, are expected to suffer more from global major oil ...
Oct 06, 2022 (Gmt+09:00)
Latest News
- 1 MBK’s Lotte Card sale gains momentum amid Homeplus fallout
- 2 Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million
- 3 RedotPay lands in Seoul with crypto cards
- 4 Mubadala, Goldman Sachs to invest $700 mn in Kakao Mobility
- 5 Now, slim is in – and Samsung aims to be No. 1 with Galaxy S25 Edge