Class 1 Building and Construction guidelines
Scope
Date
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Pension funds
NPS yet to schedule external manager selection; PE firms’ fundraising woes deepen
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has yet to decide on a plan to select local extern...
May 02, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE secures $1.8 bn in container ship orders
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) secured orders for 22 container ships worth a total of 2.54 trillion won ($1.8 billion) ...
Apr 28, 2025 (Gmt+09:00)
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Economy
Korea’s Q1 economic contraction adds to stimulus expectations
South Korea's economy unexpectedly contracted in the first quarter as exports and consumption fell amid a political crisis and fears over the impact...
Apr 24, 2025 (Gmt+09:00)
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E-commerce
StockX in merger talks with Naver’s online reseller Kream
StockX, the world’s most popular online resale marketplace, is in talks to merge with Kream, a resale unicorn under South Korea’s tech g...
Apr 23, 2025 (Gmt+09:00)
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Banking & Finance
Shinhan to lead financing for battery storage project in Japan
Shinhan Financial Group will lead 4.9 billion yen ($35 million) in financing for a large-scale battery energy storage system (BESS) construction pro...
Apr 22, 2025 (Gmt+09:00)
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Real estate
Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project
IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...
Apr 22, 2025 (Gmt+09:00)
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Foreign exchange
S.Korea plans $1.2 bn forex bond issue after presidential election
South Korea plans to issue up to $1.2 billion in foreign exchange stabilization bonds as early as June, in what would mark the new administration&rs...
Apr 21, 2025 (Gmt+09:00)
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Real estate
S.Korean gaming giant Netmarble eyes headquarters building sale
Netmarble Corp., a leading South Korean gaming company, is seeking to sell its headquarters building in Seoul, which could fetch up to 800 billion w...
Apr 18, 2025 (Gmt+09:00)
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Central bank
BOK stands pat; rate cut likely within 3 months as economic growth slows
The Bank of Korea (BOK) left its benchmark interest rate unchanged at 2.75% on Thursday, with Governor Rhee Chang-yong warning that a surge in globa...
Apr 17, 2025 (Gmt+09:00)
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Shareholder activism
US PE firm Miri Capital ups stake in Korea’s STIC Investments
US private equity firm Miri Capital Management LLC said on Tuesday it has raised its stake in STIC Investments Inc. to step up its shareholder activ...
Apr 16, 2025 (Gmt+09:00)
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Corporate strategy
Orion behind original Choco Pie to invest $580 million in new plants
Orion Corp., a South Korean confectionery and snack manufacturer, will inject 830 billion won ($580 million) over three years to expand snack manufa...
Apr 16, 2025 (Gmt+09:00)
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E-commerce
Naver mulls acquiring about a 10% stake in Kurly
Naver Corp. is considering taking over a stake in Kurly Inc. to become the largest shareholder in the South Korean dawn delivery service market pion...
Apr 13, 2025 (Gmt+09:00)
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Private equity
Glenwood PE to increase blind fund to $1 bn on pension funds’ interest
South Korea’s Glenwood Private Equity Co. is set to increase a blind fund to 1.5 trillion won ($1 billion) as pension funds at home and abroad...
Apr 11, 2025 (Gmt+09:00)
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Real estate
IGIS taps Samjong KPMG, Cushman & Wakefiel, NAI for sale of AP Tower
IGIS Asset Management Co., a leading South Korean real estate investment firm, has chosen a consortium of Samjong KPMG Accounting Corp., Cushman &am...
Apr 11, 2025 (Gmt+09:00)
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Automobiles
Kia to build North America-targeted electric pickup model
Kia Corp., South Korea’s second-largest carmaker, will build an electric pickup model tailored for North America to enter the world’s la...
Apr 09, 2025 (Gmt+09:00)
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Korean chipmakers
SK Hynix beats Samsung to become global No.1 DRAM maker
SK Hynix Inc. has snatched the crown from Samsung Electronics Co. to become the world’s largest memory chip supplier for the first time since ...
Apr 09, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Heavy, HII team up for naval shipbuilding
HD Hyundai Heavy Industries Co. (HD HHI) and US naval shipbuilding leader Huntington Ingalls Industries Inc. (HII) have agreed to join hands to buil...
Apr 09, 2025 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace slashes planned rights offering size to $1.6 billion
Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 tril...
Apr 08, 2025 (Gmt+09:00)
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Korean stock market
South Korean stocks, currency dive amid deeper US tariff turmoil
The South Korean stock market logged its biggest daily loss of more than 5% in eight months on Monday, joining its Asian peers bruised by panic sell...
Apr 07, 2025 (Gmt+09:00)
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Entertainment
Kakao Entertainment sheds loss-making units, revives IPO prospects
Kakao Entertainment Corp. has been divesting unprofitable music labels and digital content platforms, which it has gobbled up over the past few year...
Apr 07, 2025 (Gmt+09:00)
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IPOs
LG Electronics set for early-May Indian stock market debut
LG Electronics Inc. is set to list its wholly owned subsidiary in India on the country's stock exchange in early May, aiming to raise up to $1.5 bil...
Apr 06, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai on course for $1.55 bn order amid US-China trade war
HD Hyundai Co., the world’s largest shipbuilding group, is emerging as a key beneficiary of the Trump administration’s tariff policies a...
Apr 06, 2025 (Gmt+09:00)
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Real estate
Asia Property to buy WeWork building in Seoul
Seoul-based real estate investment firm Asia Property has been picked as the sole preferred bidder for an office building currently occupied by cowo...
Apr 04, 2025 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace, General Atomics to build unmanned aerial vehicles
Hanwha Aerospace Co., a leading South Korean defense company, has joined forces with US-based General Atomics Aeronautical Systems Inc. (GA-ASI) to ...
Apr 02, 2025 (Gmt+09:00)
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League table
UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte
UBS Group AG, the frontrunner in South Korea's M&A market last year, retained the top position in the country's buyout advisory market in the fi...
Apr 02, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor launches global talent recruitment program
South Korea’s top automaker Hyundai Motor Co. has launched a global talent recruitment program, beginning April 1 via its official hiring webs...
Apr 01, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. acquires SK Specialty for $1.8 billion
Hahn & Co., South Korea’s largest private equity firm, has finalized the acquisition of SK Specialty Co., the world’s leading produc...
Apr 01, 2025 (Gmt+09:00)
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Entertainment
SM Entertainment acquires additional 11.4% stake in DearU for $9.2 mn
SM Entertainment Co., South Korea’s music powerhouse behind internationally popular boy and girl bands like EXO and aespa, has acquired an add...
Mar 31, 2025 (Gmt+09:00)
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Pension funds
CPPIB invests in Seoul office building for rental housing conversion
The Canada Pension Plan Investment Board (CPPIB) and South Korean property developer MGRV have jointly acquired the headquarters of a domestic women...
Mar 26, 2025 (Gmt+09:00)
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Leadership & Management
Naver to build sovereign AI, says founder Lee after return
South Korea’s No. 1 internet portal operator Naver Corp. will build strong sovereign artificial intelligence to fight the growing dominance of...
Mar 26, 2025 (Gmt+09:00)
Latest News
- 1 Korea’s top cinema chains seek merger to counter box office slump
- 2 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 3 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 4 LG Electronics breaks ground on $600 million home appliance plant in India
- 5 KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia