Industry Leader of the Year
Scope
Date
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Korean 100-year-old traditional house becomes trendy destination for cafe-goers
The life of a building emulates the human experience more than we suspect -- encountering countless number of people, wearing down with age, and event...
Sep 27, 2020 (Gmt+09:00)
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Bio
S. Korea to grow green biotech industry to $10.6 bn by 2030; nurture talent
The South Korean government said on Sept. 21 that it will triple the size of the country’s green biotechnology industry over the next decade and...
Sep 21, 2020 (Gmt+09:00)
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Airline industry
Asiana again placed under creditor control; resale unlikely by year-end
Creditors of Asiana Airlines Inc. have decided to place the financially troubled carrier under their control after officially declaring the collapse o...
Sep 11, 2020 (Gmt+09:00)
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Construction
Daelim Industrial to split three ways to enhance governance, shareholder value
Daelim Industrial Co., a major South Korean builder, is splitting into three firms -- a holding company and two affiliates -- as the company seek...
Sep 10, 2020 (Gmt+09:00)
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Central bank
BOK to buy $4.2 bn in state bonds by year-end to stabilize debt market
The Bank of Korea will buy state bonds worth 5 trillion won ($4.2 billion) directly from the market by the end of this year to stabilize the local deb...
Sep 08, 2020 (Gmt+09:00)
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Private equity
Carlyle flexes muscles in Korean financial industry as Lee takes helm
The Carlyle Group has been growing its presence in South Korea after sealing a string of investment and business deals with top Korean financial servi...
Sep 07, 2020 (Gmt+09:00)
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fuel-cell electric vehicles
[Upcoming IPO] Korean fuel-cell tank maker Iljin Composites gears up to become industry champion
The production of fuel-cell tanks is in full swing at Iljin Composites' factory, a restricted area tightly guarded with strict identification controls...
Sep 04, 2020 (Gmt+09:00)
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Kakao Games
Kakao Games gears up to become Korea’s IPO blockbuster of the year
Kakao Games Corp. is set to be South Korea’s biggest initial public offering of the year backed by overwhelming demand seen during its bookbuild...
Aug 27, 2020 (Gmt+09:00)
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Private equity
Carlyle Group to exit from Korean OEM apparel exporter in seven years
The Carlyle Group has sold off its stake in South Korea's Yakjin Trading Corp., an original equipment manufacturer (OEM) for global brands such a...
Aug 21, 2020 (Gmt+09:00)
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KOSPI
Kospi's 12-month P/E ratio hits a 13-year high
Kospi has posted a 13-year high with 12-month forward price-earnings ratio recording 12.84 times on August 6, according to financial data provide...
Aug 10, 2020 (Gmt+09:00)
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Entertainment
Naver Webtoon becomes industry's first to post over $2.5 mn for daily paid-content
Naver Webtoon has become the industry's first to post over 3 billion won ($2.5 million) for daily paid-content as of August 2, breaking its own r...
Aug 07, 2020 (Gmt+09:00)
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Markets
Korean stocks end at highest level in 2 years as ants load up
South Korean shares rallied for a second consecutive session on Wednesday, ending at the highest level in nearly two years, as individual investors sn...
Aug 05, 2020 (Gmt+09:00)
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Samsung Electronics
Samsung narrows gaps fast with image sensor market leader Sony
Samsung Electronics Co. is narrowing gaps fast with Sony Corp., the global leader in image sensors, which are widely used in smartphone cameras and ot...
Aug 04, 2020 (Gmt+09:00)
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Korean startups
Korean travel platform My Real Trip raises $36 million amid sluggish travel industry
My Real Trip, Korea’s leading online travel platform, has received 43.2 billion won ($36 million) in funding from domestic and overseas investor...
Jul 28, 2020 (Gmt+09:00)
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South Korea's exports
[Economy] Korea exports drop by 16.6% hitting the lowest in 56 years
South Korea's exports have plunged 16.6% during the second quarter, hitting the lowest record in 56 years since the fourth quarter of 1963 when it fel...
Jul 23, 2020 (Gmt+09:00)
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Debt
Unsold corporate bonds may hit a record-high in seven years
Institutional investors are becoming wary of investing in Korean corporate bonds due to uncertainties caused by the coronavirus. As of July 20, t...
Jul 20, 2020 (Gmt+09:00)
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Asset allocation
NPS to ramp up global equities exposure over next 5 years
The National Pension Service (NPS) will continue to raise exposure to global equities over the next five years, despite concerns about the impact of t...
May 21, 2020 (Gmt+09:00)
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Real estate
Outbound real estate funds hit by first capital outflow in over 4 years
South Korea’s real estate funds for outbound investment saw their first net capital outflows in four and a half years in March, hit by delays in...
Apr 06, 2020 (Gmt+09:00)
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Alternative investment
Military Mutual Aid extends financial division CIO’s term by one year
The Military Mutual Aid Association (MMAA) has extended its financial division head’s term for another year to focus on the risk management asso...
Mar 27, 2020 (Gmt+09:00)
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Korean startups
Start-up takes stab at lithium-ion industry
What do artificial intelligence (AI) and self-driving vehicles have in common? They're both energy guzzling machines.This reason alone makes battery a...
Nov 29, 2019 (Gmt+09:00)
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Infrastructure
Macquarie tipped to buy Korea’s top industrial gas producer for $2.2 bn
Macquarie Group has approached MBK Partners to acquire Daesung Industrial Gases Co. Ltd. and offered around 2.5 trillion won ($2.2 billion) for full o...
Nov 07, 2019 (Gmt+09:00)
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Ares Management
Industrial, multifamily seen to shine on rent growth: Ares
Industrial and multifamily real estate sectors are poised to benefit from a growing trend of renting spaces in the long term after supply growth slowe...
Nov 04, 2019 (Gmt+09:00)
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PE consortium exits from Coffee Bean in six years
A consortium of private equity firms led by the US-based Advent International Corp. has exited its investment in The Coffee Bean & Tea Leaf for a ...
Jul 26, 2019 (Gmt+09:00)
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Mirae Asset to exit from German building in two years for strong gain
Mirae Asset Global Investments Co. Ltd. is set to exit from an office building in Frankfurt with handsome gains, just two years after acquiring the 17...
May 23, 2019 (Gmt+09:00)
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Korea scientists fund appoints new CIO for two-year term
The Korea Scientists and Engineers Mutual-aid Association (SEMA) has appointed Sungmoo Huh, a former alternative investment and strategy head of Seoul...
May 03, 2019 (Gmt+09:00)
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[ASK 2018 SUMMIT] Korea Post to pick two energy infra funds within year
Korea Post is planning to select about two energy infrastructure funds within the year as it is seeking to raise exposure to global infrastructure a...
Oct 28, 2018 (Gmt+09:00)
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MBK beats TPG to buy Korean industrial gas supplier for $1.7 bn
MBK Partners, Asia’s biggest private equity firm, has offered close to 2 trillion won ($1.7 billion) to buy South Korea’s second-largest industrial ga...
Feb 19, 2017 (Gmt+09:00)
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Korea Post names new insurance asset head from within; 3rd replacement in 1 year
Korea Post has appointed a long-serving senior government official as the new head of its insurance asset investments who will also take a quasi-chief...
Jul 05, 2016 (Gmt+09:00)
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KIC posts worst annual return in 4 years, hit by strong dollar
- Sluggish equities and bond markets, firmer dollar dent 2015 returns - Traditional assets outperform benchmark offered by finance ministry and BOK...
May 23, 2016 (Gmt+09:00)
Latest News
- 1 LG to invest $762 mn in webOS to transform into platform-based tech giant
- 2 S.Korea to offer incentives to attract foreign scientists
- 3 Vinyl boom shows no sign of abating in South Korea
- 4 Uniqlo expands in Korea as No-Japanese boycott wanes
- 5 Seoul rejects Elliott’s $20 mn claim against Samsung C&T