South Korean financial services companies and construction firms are exposed to a combined 200 trillion won ($145 billion) worth of potential risks related to domestic real estate project financing, a big chunk of which is falling due between 2024 and 2025, according to Samjong K
17 HOURS AGO
South Korean retailers and hotels are enjoying a boom thanks to an expected surge in tourists at home and abroad as more than 180,000 foreigners are expected to visit the country due to the early May holidays across North Asia.Japan is already in its Golden Week holiday this week
16 HOURS AGO
Scottie Scheffler, a top-ranked American professional golfer, gave a shoutout to food served by CJ CheilJedang Corp. during The CJ Cup golf tournament in South Carolina in 2022, saying the Korean food he tasted at the Bibigo Kitchen booth during the tour was the best.During the 2
14 HOURS AGO
South Korean tech giant Samsung Electronics Co. said on Tuesday it will adjust its memory chip product mix to increase the output of advanced memory chips for servers and storage systems to meet the growing demand for artificial intelligence (AI) devices.During a conference call with analysts after announcing its first-quarter results, company executives said the company’s memory chip production will focus on high-bandwidth memory (HBM), do
18 HOURS AGO
COMPANIES
-
EarningsOverseas projects boost Korean builders’ earnings; GS profit halves
Large-scale overseas construction projects boosted major Korean builders’ quarterly results while lackluster domestic construction work, coupled with higher labor and raw material costs, hurt their profitability, government data showed.Accordin
15 HOURS AGO
1 Min read -
Aerospace & DefenseHanwha Systems to build Jeju Hanwha Space Center
South Korea's Hanwha Systems Co. announced plans on Monday that it plans to establish the Jeju Hanwha Space Center in Jeju Special Self-Governing Province, focusing on the development, manufacturing, and testing of satellites.The facility, set to be
17 HOURS AGO
1 Min read -
EarningsLG Chem exhibits bright outlook after first-quarter loss
LG Chem Ltd., the parent of the world's second-largest battery maker LG Energy Solution Ltd., expects its business will improve in upcoming quarters on a recovery in demand for its high-value-added advanced material products after it reported a fall
17 HOURS AGO
3 Min read -
Bio & PharmaJLK to supply medical AI solutions in Indonesia
South Korea’s JLK Inc., an AI-based stroke care platform maker, announced on Tuesday that it signed a business agreement with medical consulting firm PT Kind Communication to export medical AI solutions to Indonesia.Under the agreement, JLK wil
17 HOURS AGO
1 Min read
Hidden Champions
More-
DCM
Published: Dec 09, 2022
Last updated: Jan 30, 2023
-
Buhmwoo Group
Published: Apr 21, 2021
Last updated: Jan 30, 2023
-
Point Mobile
Published: Sep 14, 2021
Last updated: May 10, 2022
-
T-Robotics
Published: Mar 25, 2021
Last updated: Jan 30, 2023
-
Jong Ie Nara
Published: May 26, 2021
Last updated: Apr 15, 2022
Future Unicorns
More-
BJ BIOCHEM
Published: Oct 21, 2022
Last updated: Nov 04, 2022
-
S.lab Asia
Published: Jul 20, 2022
Last updated: Jul 21, 2022
-
L-Base
Published: Oct 21, 2022
Last updated: Nov 16, 2022
-
iCore
Published: Oct 07, 2022
Last updated: Apr 17, 2023
-
Fridays Lab
Published: Jun 30, 2023
Last updated: Nov 10, 2023
KOREAN INVESTORS
There is potential distress in the U.S. multifamily housing sector today. we believe there is a window of opportunity over the next 12-18 months for well-capitalized investors to take advantage of select distress opportunities and to exit when capit
15 HOURS AGO
Seoul-based private equity firm STIC Investments is set to sell Coop Marketing, South Korea’s largest mobile coupon platform company that operates digital voucher systems for the country’s top online messenger Kakao Talk, shopping centers
21 HOURS AGO
South Korea’s National Pension Service (NPS) will select domestic general partners (GPs) to manage about 1.5 trillion won ($1.1 billion) worth of investment this year, its biggest-ever external allocation also set to invest in high-default-risk
Apr 28, 2024 (Gmt+09:00)
South Korea’s second-largest insurer Hanwha Life Insurance Co., with 109 trillion won ($79.4 billion) in total assets as of end-September 2023, said on Wednesday it will buy shares in a banking unit of Indonesian conglomerate Lippo Group to exp
Apr 24, 2024 (Gmt+09:00)
South Korea’s National Pension Service (NPS), the world's third-largest pension fund, lost 1.66 trillion won ($1.2 billion) in domestic stock value in the first quarter of this year as shares in the battery sector tumbled amid the electric vehi
Apr 21, 2024 (Gmt+09:00)
M&A
-
E-commerceMBK to delist e-commerce Connectwave after tender offer
Apr 29, 2024 (Gmt+09:00)
1 Min read -
InsuranceKorea's Lotte Insurance up for sale for around $1.5 bn
Apr 23, 2024 (Gmt+09:00)
1 Min read -
Mergers & AcquisitionsBlackstone signs over $1 bn deal with MBK for 1st Korean exit
Apr 22, 2024 (Gmt+09:00)
2 Min read -
Real estateHanjin KAL to sell Waikiki Resort to Sono for $101 mn
Apr 19, 2024 (Gmt+09:00)
1 Min read
ECM/DCM
-
E-commerceAlibaba eyes 1st investment in Korean e-commerce platform
Apr 22, 2024 (Gmt+09:00)
2 Min read -
Corporate bondsSK Chemicals' bond offering oversubscribed 8 times
Apr 19, 2024 (Gmt+09:00)
1 Min read
MARKETS
-
Sovereign bondsS.Korea desperately seeks WGBI inclusion to rescue won
South Korea is desperately working for inclusion on a global major bond index to save the ailing won, the second worst-performer among emerging Asian currencies, by attracting up to $58 billion to the local debt market.Last month, FTSE Russell, the global index subsidiary of London Stock Exchange Group, decided to keep South Korea on the watch list
22 HOURS AGO
2 Min read -
Foreign exchangeNH Investment, Woori Bank top in FX forecasting
Late last year, when the Korean won traded at 1,288 per dollar, most market analysts and economists predicted that the Korean currency would regain ground against the US dollar to the 1,200 level in the second quarter of this year from the low 1,300 level in the first quarter, but such widespread forecasts turned out to be wrong.Worse yet, it is ge
Apr 26, 2024 (Gmt+09:00)
3 Min read -
Short sellingKorea builds system to speed up naked short-selling ban
South Korea’s top financial regulator is set to build a centralized digital system to strengthen the prevention of naked short-selling as the financial watchdog has detected an increase in the illegal practice by institutional investors over the past few years. The government measure comes after some global investment banks, such as The Hong
Apr 25, 2024 (Gmt+09:00)
2 Min read
HD Hyundai Electric Co., Alteogen Inc. and Enchem Co. are expected to be invited to join Morgan Stanley Capital International’s Korea Index when the global stock index provider conducts regular index rebalancing next month, according to Samsung Securities Co. The probability of the trio’s inclusion in the MSCI Korea Index in May is 90%,
Apr 19, 2024 (Gmt+09:00)
CULTURE & TRENDS
-
HealthcareKorea’s rising medical tourism: Skin care, plastic surgery
Apr 29, 2024 (Gmt+09:00)
2 Min read -
Korean gamesKorea’s Smilegate unveils new RPG Chaos Zero Nightmare
Apr 22, 2024 (Gmt+09:00)
1 Min read
PERSPECTIVES
-
The KED ViewLabor reform urged in Korea with higher wages than Japan
Mar 18, 2024 (Gmt+09:00)
2 Min read