Rental housing gains appeal amid supply crunch: asset managers
The rental housing markets in the US, Europe and Australia present attractive investment opportunities as persistent supply shortages and rising urb...
Aekyung Industrial up for sale as group struggles to ease liquidity crunch
South Korea’s Aekyung Group has put its flagship subsidiary, Aekyung Industrial Co., up for sale as part of broader restructuring efforts to s...
Koreans’ craving for luxury goods fades
Until recently, it was not unusual to see people waiting in a long line in front of foreign haute couture brands’ stores early in the morning ...
NPS commits $723 mn to MBK, 3 other managers for Korean PEs
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has hired four investment firms – MBK Partne...
Power transformer sales explode on AI boom: HD Hyundai Electric CEO
Cho Seok, chief executive of HD Hyundai Electric Co., is an outsider at Korea Inc.When he was named CEO of the power equipment maker in December 201...
Korean LPs seek private equity secondaries amid liquidity crunch
Secondary strategy is South Korean institutional investors’ top pick for private equity investments for two straight years, a survey showed. Man...
Korean builders scramble to ease liquidity crunch woes
South Korean builders in financial distress are struggling to alleviate concerns over a potential liquidity crisis, which could put the already aili...
KEPCO sells 15% stake in KEPCO E&C for $269 million
Korea Electric Power Corp. (KEPCO), South Korea’s state-owned utility company grappling with mounting losses, has secured additional funds of ...
South Korea to support urea purchases outside China, boost reserves
The South Korean government plans to offer financial support to domestic companies when they import urea, a substance used in diesel vehicles and fe...
Korea’s time deposit rates head north on higher bank bonds’ coupon
South Korea’s commercial banks have joined thrifts and credit unions in a race to offer their time deposit holders higher interest to cover cl...
Lotte Group secures $3.8 bn funding from four major Korean banks
Lotte Group announced on Friday that it has signed a financial support agreement worth 5 trillion won ($3.8 billion) with four major South Korean ba...
Daol Financial Group to let go of VC affiliate, hit by liquidity crunch
The Daol Financial Group is widely expected to let go of its venture capital arm in the midst of a worsening liquidity crunch. The VC firm Daol...
Nearly half of Korean firms plan no domestic investment next year
Rising gloom over the business environment due to a financial market crunch and weak Korean won has led to nearly half of Korea's firms having no pl...
BOK to ease Legoland developer default-led credit crunch
South Korea’s central bank joined rescue moves to improve liquidity in the local bond market and alleviate the fallout from a debt default by ...
Despite liquidity crunch, 5 verticals rake in venture capital investment
The global venture capital ecosystem has been contracting since the second quarter of last year, hit by rising inflation and rate hikes. New ...
South Korean government slashes fund of funds budget by 40% on-year
The South Korean government is facing a backlash from the startup and venture capital sectors after slashing next year’s fund of funds budget....
Easing car delivery crunch: Boon or bane for Hyundai, Kia?
Just like its global peers, Hyundai Motor Co. and Kia Corp. have suffered from the chip shortage that bogged down the entire auto industry for nearl...
Hyundai revs up car output amid signs of easing auto chip crunch
As the global chip supply shortage shows signs of easing, South Korea’s top automaker Hyundai Motor Co. is working down its order backlog by...
Freight crunch pushes S.Korean export firms into crisis
Since the end of last year, countries have begun lifting COVID-19 lockdowns, driving a speedy recovery in export freight volume despite transportati...
Korean Air may sell core assets estimated at $2.4 bn to ease cash crunch
Hanjin Group, parent of Korean Air Lines Co. Ltd., is considering selling three core businesses of the carrier -- in-flight meal service, mileage prog...
