A newly established private equity firm Bayside PE was named as the preferred bidder for the acquisition of Welliv, a subsidiary of Daewoo Shipbuilding & Marine Engineering. According to Korea ...
2017-03-17 07:06The won value against the U.S. dollar is gaining steeply. At 9:09 am on March 16 at the Seoul foreign exchange market, the won-dollar exchange rate was traded at 1,130.60 won per dollar, down 1.14 ...
2017-03-16 11:31The KOSPI market is rising high on the news that the U.S. Federal Open Market Committee announced to raise its benchmark rate on March 15. At 9:08 am on March 16, the KOSPI is trading at 2,152.66, ...
2017-03-16 11:19Korea Investment & Securities said on March 16 that KT&G will see its market share in Korea shrink after a new e-cigarette product is launched soon. But it kept the stock's investment grade and tar...
2017-03-16 11:08
The project to build the Midan City casino resort in Korea's Yeongjong Island could survive thanks to "Citiscape Korea," the international real estate trade show sponsored by the Korea Economic D...
2017-03-16 08:48Hanwha Investment & Securities said on March 15 that expectations on Samsung C&T are still high given the company will likely benefit from the group's governance structure change. But the securitie...
2017-03-15 10:17
Korea’s major institutional investors, including Kyobo Life, made an investment of 100 billion won in an Amazon building in Seattle. The building is now used under a long-term lease contract by the...
2017-03-15 08:07Korea Investment & Securities recommended on March 14 EPC (engineering, procurement, and construction) contractors given the willingness to expand fiscal spending by major countries across the worl...
2017-03-14 11:18
The KOSPI index hit the year's record high by climbing up to the 2,120 level. It was largely because the President's impeachment has been wrapped up that has reduced political uncertainties while t...
2017-03-14 07:53The Korea Securities Depository announced on March 12 that as many as 211 listed companies, including Hyundai Motor and Kakao, will hold their general shareholders meetings during this week from Ma...
2017-03-13 08:23
Park Sam-koo, chairman of Kumho Asiana Group, asked the creditors including Korea Development Bank to allow him to acquire Kumho Tire through a consortium. He believes that he must be able to exerc...
2017-03-13 08:09
Prostar Capital, an Australia-based private equity firm, will likely acquire Kyungnam Energy, a city gas supplier in South Gyeongsang Province. This is the first time for the infrastructure fund re...
2017-03-11 07:50
Financial regulators said it may be inevitable for accounting firm Deloitte Anjin to be ordered for suspension as it was implicated for the window dressing of Daewoo Shipbuilding & Marine Engineeri...
2017-03-10 08:18The stock price of LG Electronics is rising everyday of late, thanks to the positive reviews on its latest smartphone model G6. At 9:38 am on March 9, LG Electronics shares were traded at 65,300 wo...
2017-03-09 12:19
Lotte Group companies have issued corporate bonds worth more than 1 trillion won over the past one month until early this month. This figure is about three times higher than the average amount of c...
2017-03-09 07:58
The National Pension Service (NPS) has begun running an emergency inspection system for its investment management department with the appointment of acting chief investment officer and global alternative investment head, the South Korean pension fund said on July 25. In-Sik&hellip
South Korean asset managers are joining hands with French property investment firms to buy prime commercial buildings in the Netherlands and Belgium as they are turning eyes to the Benelux region for higher returns, sending their real estate values to&hellip
Blackstone, Kuwait Investment Authority (KIA) and three property investment firms are vying for Sony Center in Berlin which South Korea’s National Pension Service (NPS) has put on the block in a transaction expected to fetch around €1.1 billion ($1.3 billion),&hellip
