Korean American Chamber of Commerce of Los Angeles
Scope
Date
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PEF divestments
PEFs knocking on door of Korean IPO market for profitable divestment
South Korean and overseas private equity firms are knocking on the door of the initial public offering market for profitable divestments, riding the...
May 10, 2021 (Gmt+09:00)
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Real estate
Korean investors in renewed push for global property deals
South Korea's IGIS Asset Management Co. and Hana Financial Investment Co. have acquired a 49% stake in the headquarters of the US mortgage lender Fa...
May 07, 2021 (Gmt+09:00)
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Energy
Korean oil companies to bask in rising refining margins, growing demand
Oil refiners in South Korea and across Asia have been among those hit hardest by the subdued demand amid the global pandemic. With increasing vaccin...
May 07, 2021 (Gmt+09:00)
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COVID-19
Korean pharmas may turn into global vaccine makers on Biden remarks
South Korea’s biosimilar and pharmaceutical companies are looking at a growing chance of emerging as a global hub for manufacturing vaccines f...
May 07, 2021 (Gmt+09:00)
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Monthly trade infographics
K-beauty boom makes S.Korea the fourth-largest cosmetics exporter
Cosmetics industry sees continued export growth for two straight decades K-beauty has emerged as a global trend, thanks to the development of innov...
May 06, 2021 (Gmt+09:00)
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Batteries
Korea’s major firms look for M&A targets in battery materials business
South Korea’s major companies are looking for merger and acquisition opportunities in the rechargeable battery materials sector, which is grow...
May 06, 2021 (Gmt+09:00)
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Urban air mobility
Korean Air joins race for flying car business to rival Hyundai, Hanwha
Korean Air Lines Co. is entering into the business of urban air mobility (UAM), which is emerging as one of the most futuristic modes of transportat...
May 06, 2021 (Gmt+09:00)
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Economy
Korean economy nears pre-pandemic level, prompts GDP upgrades
South Korea’s faster-than-expected economic growth in the first quarter is prompting analysts to raise their growth outlook for this year, wit...
Apr 27, 2021 (Gmt+09:00)
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Corporate strategy
Corporate storytelling: S.Korean firms' next growth key
South Korea’s major companies are increasingly adopting corporate storytelling as a means of rebranding their identities.As the companies enjo...
Apr 27, 2021 (Gmt+09:00)
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Asset management
Templeton to pull out of Korean retail fund market
Franklin Templeton Investments' South Korean arm is in talks with a domestic asset management company to sell its retail operations, following Black...
Apr 27, 2021 (Gmt+09:00)
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Korean startups
Dholic Commerce seeks unicorn status as trendsetter in Japan
South Korea-based Dholic Commerce is an online retail platform that sells Korean fashion items and cosmetics to the Japanese market. The startup is ...
Apr 26, 2021 (Gmt+09:00)
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Automobiles
Korean-made small SUVs reach 50% share in US market
Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...
Apr 26, 2021 (Gmt+09:00)
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Automobiles
Korean-made small SUVs reach 50% share in US market
Sport utility vehicles (SUVs) manufactured in South Korea have earned more than half the market share in the small-size SUV segment in the US.In the...
Apr 26, 2021 (Gmt+09:00)
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Oscars
Veteran actress Youn Yuh-jung becomes first Korean to win acting Oscar
Actress Youn Yuh-jung has made history by becoming the first Korean actor to win an Oscar at the Academy Awards, held in Los Angeles Sunday night.&n...
Apr 26, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Freight crunch pushes S.Korean export firms into crisis
Since the end of last year, countries have begun lifting COVID-19 lockdowns, driving a speedy recovery in export freight volume despite transportati...
Apr 25, 2021 (Gmt+09:00)
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Logistics
CPPIB, ESR to double first Korean logistics JV to $1 bn
The Canada Pension Plan Investment Board (CPPIB) and Hong Kong-based logistics property developer ESR will expand their $500 million Korean logistic...
Apr 23, 2021 (Gmt+09:00)
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COVID-19
Korean PEFs raise bets on pandemic-hit aircraft sector
The aviation industry, one of the hardest-hit sectors by the global pandemic, is now whetting the appetite of South Korean private equity firms whic...
Apr 22, 2021 (Gmt+09:00)
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RFPs
Korean govt pension to commit $105 mn to 3 global infra funds
South Korea's Government Employees Pension Service (GEPS) will commit $105 million to three global infrastructure funds this year, targeting a net i...
Apr 22, 2021 (Gmt+09:00)
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Waste management
EastBridge beats KKR, TPG to buy Korean waste disposal firm
South Korea-based EastBridge Partners has agreed to acquire a majority stake in the country's waste treatment firm YIDO for around 260 billion won (...
Apr 21, 2021 (Gmt+09:00)
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Last-mile logistics
Two Korean firms look to buy six France warehouses
South Korea's Mastern Investment Management Co. and Kiwoom Securities Co. are in the due diligence process to acquire six last-mile logistics center...
Apr 20, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Naver, Kakao vie for Korean web novel platform
Naver Corp. and Kakao Corp., South Korea's two online giants, are competing to acquire Munpia Inc., their smaller domestic rival in the web novel ma...
Apr 15, 2021 (Gmt+09:00)
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Investment returns
Korean funds, firms eye jackpot from Grab’s Nasdaq listing
South Korea’s National Pension Service (NPS), other state-run savings funds and big companies are expected to pocket decent gains from their...
Apr 14, 2021 (Gmt+09:00)
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E-commerce
Live commerce app Grip aims to take over the world via shopping
There's an app where users can shop as if they're video chatting with their friends. How does this work? A seller will introduce products via livest...
Apr 14, 2021 (Gmt+09:00)
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Entertainment
Korean content shares soar as platforms eye overseas expansion
Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...
Apr 14, 2021 (Gmt+09:00)
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Korean chipmakers
Korean LED maker moves up to 3rd place; CEO still growing hair
Seoul Semiconductor Co., whose founder and CEO has not cut his hair since 2018 to concentrate on patent lawsuits, has moved up one notch to third pl...
Apr 13, 2021 (Gmt+09:00)
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Retail
Kyochon F&B, Galadari tie-up brings Korean fried chicken to Middle East
South Korea's No. 1 fried chicken brand Kyochon F&B has inked a master franchise agreement with Dubai-based franchise operator Galadari Brothers...
Apr 12, 2021 (Gmt+09:00)
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Korean stock market
Foreigners return to Korean market; Kosdaq at near 21-year high
Foreign investors, the dominant players on the Korean bourse, are returning as buyers of Samsung Electronics Co. and other blue chips, keeping the m...
Apr 12, 2021 (Gmt+09:00)
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IPOs
PUBG publisher applies for South Korean 2021 IPO
South Korea-based game developer Krafton Inc., touted as one of this year's hottest initial public offerings, has filed a preliminary listing applic...
Apr 09, 2021 (Gmt+09:00)
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Private equity
Korean PE Centroid among shortlisted bidders for TaylorMade Golf
South Korea’s lesser-known private equity firm Centroid Investment Partners is among the shortlisted candidates for US sports equipment manufa...
Apr 08, 2021 (Gmt+09:00)
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Research & Development
Chips, EV and AI lead Korean firms' 2020 R&D spending
Semiconductor chips, electric vehicles and artificial intelligence (AI) drove the top 100 South Korean companies' spending on research and developme...
Apr 05, 2021 (Gmt+09:00)
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Latest News
- 1 Samsung Securities lowers Samsung Electro-Mechanics target price
- 2 LG Uplus unveils content review platform 1Row
- 3 Celltrion's Zymfentra gets 90% distribution channel in US
- 4 SK Nexilis poised to sell thin film division to Affirma Capital
- 5 Cuckoo eyes $172 mn IPO of Malaysian unit in Kuala Lumpur: Bloomberg