Korea seeks to ease fintech ownership, crypto regulations

Korea seeks to ease fintech ownership, crypto regulations

South Korea’s top financial regulator has proposed loosening restrictions on financial holding companies’ ownership of fintech platforms...

Korean LPs tighten due diligence on general partners

Korean LPs tighten due diligence on general partners

In the wake of COVID-19, South Korean pension funds and insurance companies have placed a greater focus on asset managers' capabilities for post-inv...

NPS signals more say in Hanmi Pharmaceutical's family feud

NPS signals more say in Hanmi Pharmaceutical's family feud

South Korea’s National Pension Service is indicating more active involvement in the management of Hanmi Pharmaceutical Group embroiled in a ye...

Naver, SoftBank to discuss Japan JV’s ownership change

Naver, SoftBank to discuss Japan JV’s ownership change

South Korea’s top online portal Naver Corp. and Japan’s SoftBank Corp. will kick off talks this week, during which they are expected to ...

Korea’s 1st institutionalized fractional art offering a smash hit

Korea’s 1st institutionalized fractional art offering a smash hit

South Korea’s first institutionalized fractional investing in a work of art proffered by Yeolmae Company, operator of South Korea’s frac...

US regulations push Korean battery industry to cut reliance on China

US regulations push Korean battery industry to cut reliance on China

The South Korean battery industry is facing pressure to cut its reliance on Chinese capital as the US government on Dec. 1 issued guidance that will...

Korea's KDB likely to tap top bidder for HMM in November

Korea's KDB likely to tap top bidder for HMM in November

Competition to acquire HMM Co., the top container line in South Korea, is intensifying as the bidders are offering almost the same prices for the de...

Samsung bags $1 bn via ASML share sale for chip production

Samsung bags $1 bn via ASML share sale for chip production

Samsung Electronics Co., the world’s largest memory chipmaker, has divested a 0.3% stake in Dutch chip equipment manufacturer ASML Holdings N....

Shinhan, 3i, DWS to sell Dutch waste treatment firm to Ardian

Shinhan, 3i, DWS to sell Dutch waste treatment firm to Ardian

South Korea’s Shinhan Asset Management Co., London-based 3i Group plc and Germany's DWS Group are set to sell their combined full stake in Dut...

Celltrion considers listing holding firm after merger of 3 units

Celltrion considers listing holding firm after merger of 3 units

South Korean drug giant Celltrion Group will consider listing its holding company if necessary, after it completes the merger of three affiliates &n...

Big Bang deregulation poised to bolster S.Korean ST market

Big Bang deregulation poised to bolster S.Korean ST market

South Korea’s fractional investment market is gearing up for a grand opening after the government earlier this year unveiled security token of...

China sets up battery JVs with S.Korea to bypass IRA

China sets up battery JVs with S.Korea to bypass IRA

Chinese battery materials suppliers are rushing to expand their production bases in South Korea, mainly in partnership with domestic companies.Such ...

Fractional investing to gain traction in Korea with green light from FSC

Fractional investing to gain traction in Korea with green light from FSC

Come September, South Korean investors will be able to freely and safely buy and sell fractions of artwork and even live cows just as they do with t...

S.Korean activist fund KCGI eyes foundry DB HiTek buyout

S.Korean activist fund KCGI eyes foundry DB HiTek buyout

Korea Corporate Governance Improvement Fund (KCGI) is eyeing a controlling stake in DB HiTek Co. as the activist fund became the second-largest shar...

Korea to ease foreign ownership limit rules; MSCI upgrade eyed

Korea to ease foreign ownership limit rules; MSCI upgrade eyed

South Korea plans to ease regulations that limit foreign ownership of big companies deemed crucial to its economy as the government aims to align it...

Mirae Asset, music profit-sharing startup take on security token offerings

Mirae Asset, music profit-sharing startup take on security token offerings

South Korea's Fingo Company, which runs the music revenue sharing platform Fingo, on Friday said it signed a memorandum of understanding (MOU) with ...

KT&G’s hidden saviors in activist fight: In-house funds

KT&G’s hidden saviors in activist fight: In-house funds

KT&G Corp., the world’s fifth-largest tobacco maker, will likely get support from in-house shareholders in a battle against activist funds...

SK Networks to expand investment in tech firms for future growth

SK Networks to expand investment in tech firms for future growth

SK Networks Co., the general trading and rental arm of South Korea’s third-largest conglomerate SK Group, will expand direct funding for tech ...

Korea's Musicow to lead fractional IP ownership globally

Korea's Musicow to lead fractional IP ownership globally

Musicow Inc., South Korea’s first music copyright trading platform, is set to gain momentum as fractional ownership in copyright claims has be...

Korea to legalize security token for fractional investment

Korea to legalize security token for fractional investment

South Korea is set to allow all kinds of fractional investments next year through the legalization of a security token (ST), a digital form of tradi...

Art tech platform Tessa attracts strategic investment from Kyobo Securities

Art tech platform Tessa attracts strategic investment from Kyobo Securities

The art tech platform Tessa said on Thursday that it has succeeded in attracting strategic investment from Kyobo Securities Co. The amount of invest...

Hyundai Mobis to spin off parts, module units amid revamp talk

Hyundai Mobis to spin off parts, module units amid revamp talk

South Korea’s largest auto parts maker Hyundai Mobis Co. is poised to spin off two of its major units that make car parts and modules into sep...

Experts criticize Seoul's quantum computer development efforts

Experts criticize Seoul's quantum computer development efforts

The United States: 4158. South Korea: 50These figures refer to the number of qubits in a quantum computer that each country seeks to develop by 2026...

KG, Cactus PE, Pavilion PE named new owners of Ssangyong Motor

KG, Cactus PE, Pavilion PE named new owners of Ssangyong Motor

A consortium led by the chemicals-to-steel conglomerate KG Group has been named the new owner of South Korea’s troubled sport utility vehicle ...

Foreign ownership of S.Korean stocks at 13-year low

Foreign ownership of S.Korean stocks at 13-year low

Foreign investors’ stockholdings in South Korea have plunged to their lowest level in nearly 13 years, dealing a heavy blow to the domestic st...

Lotte Tour sees turnaround on higher property value

Lotte Tour sees turnaround on higher property value

South Korea's Lotte Tour Development Co. has decided to book 568 billion won ($440 million) in valuation gains from its stake ownership of the land ...

Why GS Group keeps debt-ridden, cash-guzzling affiliate afloat

Why GS Group keeps debt-ridden, cash-guzzling affiliate afloat

GS Group, a South Korean energy-to-retail conglomerate, has an unlisted affiliate that the group largely keeps out of the public eye but is occasion...

Hyundai Heavy likely to be added to MSCI Korea index

Hyundai Heavy likely to be added to MSCI Korea index

Hyundai Heavy Industries Co., the world's largest shipbuilder, is the strongest candidate to be included in the MSCI Korea Index next week as part o...

Koreans' fractional investing craze spreads to cows

Koreans' fractional investing craze spreads to cows

Investment rights for dozens of Korean calves, worth a combined 10 million won ($7,900), sold out within one minute after each of the three investme...

Foreign ownership of Korean shares hits lowest level since 2010

Foreign ownership of Korean shares hits lowest level since 2010

Foreign investors’ holding rate in South Korea’s main bourse Kospi has plunged to the lowest level since 2010. The investors have dispos...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared