Korean financial industry
Scope
Date
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Baring Asia’s Korean parcel delivery firm fails to draw final bidder; UPS walks away
The planned sale of a South Korean parcel delivery firm by Baring Private Equity Asia to a strategic buyer has fallen through, after the last shortlis...
Jun 28, 2016 (Gmt+09:00)
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Major Korean savings funds cut interest rates on contributions to 3% level from 4%
The Police Mutual Aid Association (PMAA) has become the latest savings fund in South Korea in shaving the interest rate applied to long-term contribut...
Jun 23, 2016 (Gmt+09:00)
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[Korean Money Going Abroad] Korea insurers up overseas investments, eyeing foreign asset managers
South Korean insurance companies have been raising investments in overseas investments by more than 50% since the start of this year and also consider...
Jun 22, 2016 (Gmt+09:00)
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[Korean Money Going Abroad] NPS to slash net increase in Korean stock investment by 95% in 2017
South Korean investors, led by the National Pension Service (NPS), have been ramping up overseas investments while trimming domestic portfolios, a mov...
Jun 22, 2016 (Gmt+09:00)
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Brookfield’s infrastructure fund attracts $700 mn from major Korean investors - report
Asset management firm Brookfield has raised a combined $700 million from major South Korean institutional investors, including the Teachers’ Pension, ...
Jun 22, 2016 (Gmt+09:00)
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[Editor's Note] ASK 2016 Summit helps open korean investor's eyes to cat bonds
It was February, 2013 when Yahoo CEO Marissa Mayer surprised Silicon Valley and business world by forbidding Yahoo staff from working remotely from ho...
Jun 07, 2016 (Gmt+09:00)
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Editor's note
[Editor's Note] Korean investors gearing up to boost overseas alternative assets
“Only free lunch in finance is diversification.”Korean institutional investors, who have seen their assets under management (AUM) snowball...
May 24, 2016 (Gmt+09:00)
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Mergers & Acquisitions
KDB seeks to sell $2.3 bn CBs in HMM to lay groundwork for stake sale
The state-run Korea Development Bank (KDB) is seeking to sell 2.6 trillion won ($2.3 billion) in perpetual convertible bonds issued by HMM Co., the co...
1 MINUTES AGO
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IPOs
Polarization in Korean IPO markets delays PEF exits
delaying PE firms' IPOsSimone...
1 MINUTES AGO
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IPOs
Korean TV stars tipped to reap windfall from IPOs
A series of South Korean entertainment companies' public listings will likely create windfalls of up to tens of million dollars for Korean TV stars, i...
1 MINUTES AGO
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Shipping & Shipbuilding
Korean shipbuilders win record LNG carrier orders; 2022 outlook bright
South Korea’s three major shipbuilders have swept global orders for LNG carriers, more profitable than oil tankers and container ships, am...
1 MINUTES AGO
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Mergers & Acquisitions
Unison Capital set to buy Korean OEM dumpling producer
South Korean private equity firm Unison Capital is set to acquire a majority stake in South Korea's leading frozen food company, well known for its ...
1 MINUTES AGO
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Central bank
DO NOT PUBLISH, BUT EDIT- BOK defies big step rate hike view on recession fears
South Korea’s central bank on Wednesday defied expectations of a big step rate hike by raising the interest rate by 25 basis points (bps) desp...
1 MINUTES AGO
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AgTech
Korean fruits keep high performance despite bad export situation
"Shinwha," a pear that's sweet and juicy even after 30 days at room temperature, "Kingsberry" with a subtle peach scent, and "Sweet Gold," a kiwifru...
1 MINUTES AGO
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Airlines
US antitrust body blocks $1.4 bn Korean Air-Asiana deal
Korean Air Co.’s acquisition of smaller local rival Asiana Airlines Inc. is poised to collapse after the US antitrust body raised the hurdle f...
1 MINUTES AGO
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Airlines
US antitrust body blocks $1.4 bn Korean Air-Asiana deal
Korean Air Co.’s acquisition of smaller local rival Asiana Airlines Inc. is poised to collapse after the US antitrust body raised the hurdle f...
1 MINUTES AGO
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(DO NOT EDIT)CAPA: Korean mold maker Dong-A ENG advances with green mobility
CAPA: Dong-A ENG Co. (company logo) Key facts - Main business: Industrial mold design and manufacturing/machinery manufacturing- Mainstay products/s...
1 MINUTES AGO
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Artificial intelligence
LG CNS develops code-generative AI solution
LG CNS, South Korea's leading information technology services provider, announced on Wednesday the development of AI Coding, an innovative code-gene...
1 MINUTES AGO
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US to send Its biggest sub to Korean Peninsula in message to North and South
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1 MINUTES AGO
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Corporate investment
US visa quotas hamstring Korean manufacturers’ US expansion
South Korean manufacturing companies have tripled investments in building plants in the US over the past three years, but labor shortages are slammi...
1 MINUTES AGO
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Banking & Finance
Shinhan Securities leads M&A financing for Trench Group acquisition (edited)
Shinhan Securities Co. announced on Monday that it participated as the lead arranger in the merger and acquisition (M&A) financing of Trench Gro...
1 MINUTES AGO
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E-commerce
Blight of failing e-commerce startups in South Korea
Linkshops, once touted as one of the next unicorn candidates in South Korea, bankrupted last month even after garnering 15.4 billion in funding from...
1 MINUTES AGO
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