john singlaub korean war
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Korean startups
Home interior app seeks new funding at over $ 1 bn valuation
South Korea's Bucketplace Co., an operator of the country's largest home interior platform, is seeking to raise about 100 billion won ($85 million) ...
Nov 10, 2021 (Gmt+09:00)
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Private equity
Orchestra PE buys Korean pizza brand Banolim
Orchestra Private Equity set up Orchestra Private Equity IV (OPE IV) to invest $32 million in Korea’s pizza chain operator Banolim Food Co. an...
Nov 10, 2021 (Gmt+09:00)
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Banking & Finance
Citibank's exit from Korean retail market to cost up to $1.5 bn
Citigroup Inc. said on Monday its exit from South Korea's retail market was expected to cost between $1.2 billion and $1.5 billion, most of which wo...
Nov 10, 2021 (Gmt+09:00)
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Korean startups
Data Republic creates AI-based crypto investment solution
South Korean startup Data Republic is pioneering a smart way of investing for global cryptocurrency investors. Founded in 2018, the company has ra...
Nov 10, 2021 (Gmt+09:00)
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Alternative Investments
Korea's major LPs to focus on core assets in US and Europe
The chief investment officers of 10 South Korean major limited partners (LPs), including pension funds, mutual aid associations and life insurance c...
Nov 09, 2021 (Gmt+09:00)
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E-commerce
MBK seeks to buy two S.Korean e-commerce platforms
MBK Partners is in talks to buy management rights of two e-commerce platforms listed on South Korea's Kosdaq market in a package deal, according to ...
Nov 09, 2021 (Gmt+09:00)
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IPOs
Legal data firm FiscalNote to list on Nasdaq via $1.3 bn SPAC deal
FiscalNote Holdings Inc., a US legal data and analytics company founded by a Korean-American, is set to go public in a deal valued at $1.3 billion. ...
Nov 09, 2021 (Gmt+09:00)
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Korean food
Pulmuone to expand alternative meat business in the US
South Korea’s major food company Pulmuone. Co. is slated to expand sales of its in-house developed meat alternatives in the US market. The foo...
Nov 09, 2021 (Gmt+09:00)
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Pension funds
NPS selects four Korean VCs to invest 150 bn won
The National Pension Service (NPS) of South Korea said on Nov. 9 it has selected the venture capital firms that will entrust the pension fund&rsqu...
Nov 09, 2021 (Gmt+09:00)
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Korean games
NCSoft reclaims throne with new mobile game Lineage W
Lineage W, developed by South Korea’s NCSoft Corp., has swiftly reclaimed the top spot in the country's mobile gaming market just three days s...
Nov 07, 2021 (Gmt+09:00)
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Retail
Korean apparel retailer F&F returns as market darling after relisting
South Korean outdoor clothing retailer F&F Co. has returned as one of the most coveted stocks on the main bourse, with its share price nearly tr...
Nov 05, 2021 (Gmt+09:00)
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Alternative investments
Two Korean LPs invest €90 mn in BlackRock's infra fund
Two Korean pension funds have together invested €90 million ($104 million) in BlackRock Real Assets’ co-investment fund Global Infrastruc...
Nov 04, 2021 (Gmt+09:00)
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Cryptocurrencies
Korean politicians seek to delay crypto taxation as another bubble looms
South Korean politicians are seeking to delay taxes on gains from cryptocurrency trading by one year as they gear up for the upcoming presidential e...
Nov 03, 2021 (Gmt+09:00)
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IPOs
SM Line joins growing list of S.Korean IPO dropouts
SM Line Corp. on Wednesday became the latest South Korean company to drop its initial public offering plan on disappointing institutional interest.T...
Nov 03, 2021 (Gmt+09:00)
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Korean startups
Specialty coffee brand Terarosa raises $60 mn from Unison Capital
The operator of Terarosa, known as the Blue Bottle Coffee of South Korea, has received around 70 billion won ($60 million) in funding from Unison Ca...
Nov 02, 2021 (Gmt+09:00)
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Energy
POSCO International, Petronas sign PSC for Malaysian gas development
POSCO International Co., the trading unit of South Korean steelmaker POSCO, has signed a production sharing contract (PSC) for the development of an...
Nov 02, 2021 (Gmt+09:00)
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Korean eyewear startup to again design China's top dept store hall
South Korean eyewear brand Gentle Monster is slated to design the luxury hall space of the Chengdu branch of SKP, China’s top department sto...
Nov 01, 2021 (Gmt+09:00)
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Business & Politics
LG, CJ join other Korean firms to run offices in Washington
WASHINGTON D.C. – South Korea’s major business conglomerates are heading to Washington D.C. to run offices handling regulatory and gover...
Nov 01, 2021 (Gmt+09:00)
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ASK 2021
Korea Post advises more GPs set up Korean offices for better partnerships
Korea Post looks to expand asset classes that can hedge inflation and earn benefits from rising interest rates despite concerns of stagflation and c...
Oct 28, 2021 (Gmt+09:00)
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Alternative investments
Koramco puts $103 mn in funds for US university housing
Koramco Asset Management Co., one of the top asset managers in Korea and a 100% subsidiary of Koramco REITs Management & Trust Co., said on Oc...
Oct 27, 2021 (Gmt+09:00)
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COVID-19
Samsung Biologics-made Moderna vaccine available to Koreans this week
Moderna Inc.’s COVID-19 vaccine first produced by Samsung Biologics Co. under a contract manufacturing organization (CMO) service will be avai...
Oct 27, 2021 (Gmt+09:00)
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Economy
Slower Korean economic growth puts 4% target at risk
South Korea’s economy expanded slower than expected in the third quarter on sluggish private consumption and capital expenditures offset healt...
Oct 26, 2021 (Gmt+09:00)
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ASK 2021
Top Korean LPs to discuss post-pandemic investments
The Korea Economic Daily is hosting Asia's biggest alternative investment forum in Seoul on Oct. 27, where chief executives of the National Pension ...
Oct 26, 2021 (Gmt+09:00)
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Private equity
Sweden's EQT staffs up in Asia with focus on Korea
EQT Partners, Europe's largest private equity firm, is staffing up its Asia Pacific team with a focus on South Korea, the investment firm said on Mo...
Oct 25, 2021 (Gmt+09:00)
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AgTech
AgTech attracts global billionaires’ investment
Microsoft co-founder Bill Gates, Amazon founder Jeff Bezos and Softbank Group founder Masayoshi Son have recently shown a common interest in a surpr...
Oct 25, 2021 (Gmt+09:00)
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Aerospace & Defense
Korea’s Nuri: Mission unaccomplished, but one step closer to space
South Korea has launched its first domestically designed and developed space rocket Nuri, but failed to put a satellite into orbit, thwarting its bid ...
Oct 21, 2021 (Gmt+09:00)
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Private equity
STIC raises $25 mn to co-invest in US oil terminal
South Korea's STIC Alternative Co. has raised $25 million to invest in a special purpose company of the Carlyle Group, which owns 50% of an oil expo...
Oct 20, 2021 (Gmt+09:00)
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Private equity
EQT to open Seoul office by yr-end to source Korean deals
EQT Partners will be opening its Seoul office this year for the first time, as the Swedish private equity firm is preparing to source deals in South...
Oct 20, 2021 (Gmt+09:00)
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Entertainment
Netflix’s Squid Game slammed by Kim Jong-un’s propagandists as ‘beastly’
SEOUL—“Squid Game,” Netflix Inc.’s dystopian drama set in South Korea, is the top-watched show in more than 9...
Oct 20, 2021 (Gmt+09:00)
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Economy
S.Korean companies stockpile record-level dollar holdings
South Korean companies have built up their dollar holdings to record levels, following record-breaking shipment growth this year, as rising raw mate...
Oct 20, 2021 (Gmt+09:00)
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Latest News
- 1 SK Nexilis poised to sell thin film division to Affirma Capital
- 2 Cuckoo eyes $172 mn IPO of Malaysian unit in Kuala Lumpur: Bloomberg
- 3 South Korea’s Economy Picks Up But Still Disappoints
- 4 South Korea’s Viva Republica drops Korean IPO plan, seeks US debut
- 5 Korea’s POSCO, India’s JSW team up to build steel plant in Odisha