Korean financial firms UK
Scope
Date
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Consulting boom
Consulting firms enjoy boom as pandemic drives new business strategies
Slightly more than a year since the COVID-19 pandemic upended the business world, the role of management consultants has become important more than ...
Mar 24, 2021 (Gmt+09:00)
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Alternative investments
KIC, Hyundai Heavy to co-invest $900 mn in growth firms
The sovereign wealth fund Korea Investment Corporation (KIC) will make co-investments worth up to 1 trillion won ($900 million) alongside the Hyunda...
Mar 24, 2021 (Gmt+09:00)
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Korean games
Tencent increases appetite for Korean gaming startups
Chinese technology giant Tencent Holdings has been gobbling up South Korean gaming startups that have yet to launch their first products, a move see...
Mar 23, 2021 (Gmt+09:00)
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Pay raise
Pandemic polarizes pay between tech and non-tech firms
Last year's expansion of contactless technologies and services has created a new salary gap among key industries and companies in South Korea.  ...
Mar 21, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. to put Korean auto parts maker up for sale
South Korea's private equity firm Hahn & Co. is seeking to sell a majority stake in Hanon Systems, a Korean automotive supplier, which is expect...
Mar 19, 2021 (Gmt+09:00)
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Lawyers on move
Global law firms in Korea hunt for talent amid growing outbound M&As
Leading international law firms with offices in South Korea are gearing up for growing legal service demand from local companies in their push for m...
Mar 19, 2021 (Gmt+09:00)
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Korean stock market
Korean 20-somethings raising stakes in OTC stocks
A growing number of South Koreans in their 20s are further increasing risk tolerance to stocks, crowding into over-the-counter (OTC) markets, in ant...
Mar 19, 2021 (Gmt+09:00)
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Batteries
Market jitters grow over Korean battery shares after VW’s decision
Market jitters over South Korea’s battery makers are growing after Volkswagen AG’s announcement on Monday that it will make batteries in...
Mar 18, 2021 (Gmt+09:00)
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Korean startups
S.Korean e-book operator eyes unicorn status via successful foray into US
E-book platform operator RIDI Corp. has successfully tapped into the US market, fueling anticipation over the possibility of it becoming South Korea...
Mar 17, 2021 (Gmt+09:00)
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Pension funds
KIC, Korean pension funds in hunt for new C-level execs
South Korea's Police Mutual Aid Association (PMAA) has been looking for a new chief investment officer for a half year, while the sovereign wealth f...
Mar 17, 2021 (Gmt+09:00)
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Korean startups
Online fashion platform Musinsa raises $115 mn from VC firms
South Korea’s top online fashion retailer Musinsa has raised another 130 billion won ($115 million) from Sequoia Capital and IMM Investment, g...
Mar 16, 2021 (Gmt+09:00)
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Batteries
Korean battery shares tumble as VW gears up for in-house production
Shares of South Koreas’ major battery makers tumbled on Tuesday after Volkswagen AG announced it will gradually switch the type of batteries u...
Mar 16, 2021 (Gmt+09:00)
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Steel
S.Korean mold makers target global leadership with record exports
South Korea’s die and mold industry reported another year of export growth last year, fueled by record-high volume to North America, and maint...
Mar 16, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung, SK Hynix at crossroads, challenged by underdogs
South Korea’s leading chipmakers Samsung Electronics Co. and SK Hynix Inc. are at a crossroads, challenged by smaller rivals such as Micron Te...
Mar 14, 2021 (Gmt+09:00)
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IPOs
Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential
South Korea's e-commerce giant Coupang Corp. had a successful trading debut in New York on Thursday as its shares soared by 41% in their first sessi...
Mar 12, 2021 (Gmt+09:00)
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Private equity
Carlyle ends negotiations to buy Korean bakery chain
The Carlyle Group has terminated three-month talks with South Korea’s CJ Group to buy the country’s No. 2 bakery chain Tous Les Jours, a...
Mar 10, 2021 (Gmt+09:00)
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Korean startups
S.Korean startups' combined valuation tops $150 billion
South Korean startups' combined valuation has topped 170 trillion won ($150 billion), accounting for nearly half of the country's junior bourse Kosd...
Mar 10, 2021 (Gmt+09:00)
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SK Group's financial story: Measure, divest and focus
Last month, South Korea's third-largest conglomerate SK Group agreed to sell its 21-year-old baseball club SK Wyverns to the country’s leading...
Mar 09, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air raises $2.9 bn in largest-ever share issue by Korean firm
Korean Air Lines Co. has raised 3.32 trillion won ($2.9 billion) from a new share sale as planned in the the largest-ever rights offering by a domes...
Mar 07, 2021 (Gmt+09:00)
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Retail
Shinsegae to enter Korean beer market with Lets Fresh Today brand
South Korea’s Shinsegae Group is entering the local beer market under the Lets Fresh Today brand as the retail giant is expanding its presence...
Mar 05, 2021 (Gmt+09:00)
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Pension funds
Korea’s military fund looking for new financial division chief
South Korea’s Military Mutual Aid Association (MMAA) is looking for the successor of its financial division chief Kim Jae-dong, whose extended...
Mar 04, 2021 (Gmt+09:00)
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Logistics
China logistics firms yield decent returns for Korean investors
MBK Partners and two leading South Korean conglomerates – SK and CJ groups – have chalked up hefty returns from investments in Chinese l...
Mar 03, 2021 (Gmt+09:00)
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Pension funds
NPS may shed extra $21 bn in Korean stocks to cut exposure
The National Pension Service remains overexposed to South Korean stocks even after its 42-day consecutive net selling, and the world's third-largest...
Mar 02, 2021 (Gmt+09:00)
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Private equity
Bain Capital to invest $360 mn in Korea’s top ERP developer
Bain Capital has agreed to invest around 400 billion won ($360 million) in South Korea’s leading enterprise resource planning (ERP) software d...
Mar 02, 2021 (Gmt+09:00)
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Corporate bonds
Korean firms rush to tap bond market ahead of rate hikes
New corporate bond issuance in South Korea is on course to hit 9.2 trillion won ($8.3 billion) in February of this year, the highest amount issued f...
Feb 24, 2021 (Gmt+09:00)
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Alternative investments
Korean insurers may write down $1.1 bn in global alternatives
South Korea’s 36 insurance companies have invested a combined 70 trillion won ($63 billion) in overseas alternative investments as of the end ...
Feb 23, 2021 (Gmt+09:00)
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Rights offerings
Korean Air kicks off biggest-ever rights offer to finance Asiana takeover
Korean Air Lines Co. has kicked off its 3.3 trillion won ($3 billion) rights offering, the biggest amount ever by any South Korean company, to help ...
Feb 22, 2021 (Gmt+09:00)
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Interview
Former Korean Wall Street sheriff joins US PEF board
New York-based EMP Belstar, of which about half of the top managers are of Korean origin, has recently hired as a non-executive director a former se...
Feb 22, 2021 (Gmt+09:00)
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Private equity
E-commerce platform TMON raises $276 mn in pre-IPO share sale
South Korea’s e-commerce platform TMON Inc., majority-owned by KKR & Co. and Anchor Equity Partners, has completed its pre-IPO share sale ...
Feb 19, 2021 (Gmt+09:00)
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Energy
Crude oil price rebound yet to spill over to Korean refiners
Crude oil prices have rebounded by more than 20% since the start of the year, but their recovering prices have not yet translated into margin improv...
Feb 19, 2021 (Gmt+09:00)
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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