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Shipping & Shipbuilding
Korean shipbuilders in talks for $6.6 bn Qatar LNG tanker deals

South Korean shipbuilders are in talks with Qatar for expected $6.6 billion deals to manufacture additional liquefied natural gas (LNG) tankers as the growing demand for the carrier along with container ships is expected to power overall vessel prices to near a record.HD Korea Sh

12 HOURS AGO

3 Min read
Korean startups
MLOps startup Vessl AI eyes 50% sales from US in 2025

Vessl AI, a South Korea-native MLOps platform-operating startup, is envisioning a takeoff in the US next year after building a concrete client base at home in the four years since its inception. “We have set a goal to raise 50% of our revenue from the US market next year,&r

11 HOURS AGO

5 Min read
E-commerce
Korean e-commerce platforms struggle to draw new capital

South Korean online marketplace operators struggle to attract investors amid deteriorating profitability and the ongoing impact of the financial turmoil of domestic e-commerce platforms TMON Inc. and WeMakePrice.Investors in 11Street Co., an e-commerce unit of Korea’s No. 2

9 HOURS AGO

2 Min read
South Korean stock market crashes; more falls ahead
Korean stock market
South Korean stock market crashes; more falls ahead

The South Korean stock market was one of the worst victims of panic selling by investors frightened by the US economy’s deeper recession on Monday, with the main Kospi index breaking below 2,500 on a nearly 9% fall, which activated a circuit breaker for the first time in more than four years.  Pessimistic views betting on a longer downward spiral in stocks are seemingly winning over some market recommendations of buying the dip.Korea&r

13 HOURS AGO

4 Min read
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  • main-프리미엄구독배너(뉴스레터용x)

COMPANIES

  • Metanet Tplatform acquires location-based service provider
    Cloud computing
    Metanet Tplatform acquires location-based service provider

    South Korea's cloud management service provider (MSP) Metanet Tplatform Co. has acquired domestic location-based service provider BlueChip C&S, a move seen as an effort to enhance its corporate value before going public next year.On July 31, Meta

    13 HOURS AGO

    1 Min read
  •  GS25 to challenge Daiso in low-cost cosmetics market
    Retail
    GS25 to challenge Daiso in low-cost cosmetics market

    South Korean convenience store chain GS25 said on Sunday it would expand the lineup of affordable and small-pack basic cosmetic products, targeting Generation Z and Generation Alpha consumers in their teens and 20s.GS25 has recently unveiled low-unit

    15 HOURS AGO

    1 Min read
  • Will Samsung benefit from Nvidia’s new AI chip delays?
    Korean chipmakers
    Will Samsung benefit from Nvidia’s new AI chip delays?

    Samsung Electronics Co., the world’s top memory chipmaker, is expected to benefit from Nvidia Corp.’s delays in shipping AI chips, as global Big Tech firms potentially seek alternatives to the AI semiconductor giant.Last week, Nvidia noti

    16 HOURS AGO

    2 Min read
  • South Korea kimchi exports at record high in first half
    Korean food
    South Korea kimchi exports at record high in first half

    South Korea's kimchi exports surged to an all-time high for a six-month period in the first half of this year, according to data from the Korea Agro-Fisheries & Food Trade Corporation (aT) and the Korea Customs Service.Kimchi exports totaled 23,9

    17 HOURS AGO

    1 Min read
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Hidden Champions

More
  • DCM

    Published: Dec 09, 2022

    Last updated: Jan 30, 2023

  • Point Mobile

    Published: Sep 14, 2021

    Last updated: May 10, 2022

  • Jong Ie Nara

    Published: May 26, 2021

    Last updated: Apr 15, 2022

  • Buhmwoo Group

    Published: Apr 21, 2021

    Last updated: Jan 30, 2023

  • T-Robotics

    Published: Mar 25, 2021

    Last updated: Jan 30, 2023

Future Unicorns

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  • iCore

    Published: Oct 07, 2022

    Last updated: Apr 17, 2023

  • S.lab Asia

    Published: Jul 20, 2022

    Last updated: Jul 21, 2022

  • Fridays Lab

    Published: Jun 30, 2023

    Last updated: Nov 10, 2023

  • L-Base

    Published: Oct 21, 2022

    Last updated: Nov 16, 2022

  • BJ BIOCHEM

    Published: Oct 21, 2022

    Last updated: Nov 04, 2022

KOREAN INVESTORS

Macquarie buys its 1st Korean data center for $538 mn
Infrastructure
Macquarie buys its 1st Korean data center for $538 mn

Macquarie Korea Infrastructure Fund (MKIF) has signed an agreement to buy a 40-megawatt (MW) data center from Seoul-based IGIS Asset Management Co. for 734 billion won ($538.4 million), the South Korean infrastructure arm of Macquarie Group said last

13 HOURS AGO

2 Min read
Real estate
Korea's warehouses suffer oversupply, rising vacancies

Logistics centers in Seoul suburbs are suffering oversupply and rising vacancy rates, according to a report from South Korean commercial real estate advisory firm Real Estate Direct, better known as RSquare, on Friday. There was new supply of 184,525

Aug 02, 2024 (Gmt+09:00)

2 Min read
E-commerce
Qxpress investors to take over Qoo10 founder’s control

Financial investors of Qxpress Pte. are set to take over Singapore-based Qoo10 Pte. and its founder Ku Young Bae’s control amid financial turmoil of the e-commerce platform’s South Korean units and plans to sell the logistics company inst

Aug 02, 2024 (Gmt+09:00)

3 Min read
Real estate
Korean commercial real estate market set for slow recovery in H2

South Korea’s commercial real estate market will post a slow recovery in the second half of this year due to rate cut delays and no big corrections in commercial real estate prices, according to Seoul-based IGIS Asset Management Co.’s rep

Jul 31, 2024 (Gmt+09:00)

1 Min read
Real estate
NH to buy Donuimun D Tower for $650 mn

South Korea’s NongHyup Financial Group Inc. (NH Financial) is poised to acquire landmark office building Donuimun D Tower for about 900 billion won ($650.1 million), people familiar with the matter said on Monday. Seoul-based Mastern Investment

Jul 30, 2024 (Gmt+09:00)

1 Min read

M&A

ECM/DCM

MARKETS

  • Korean stock market
    Korean tech stocks suffer falls despite strong Q2 results

    Some 60% of the Kospi-listed companies that posted above-forecast results in the second quarter of this year have seen their share prices declining since reporting their quarerly results.In particular, artificial intelligence-related and large semiconductor companies suffered steep price falls after US Big Tech's disappointing second-quarter result

    14 HOURS AGO

    1 Min read
  • Korean stock market
    S.Korean stocks log largest daily loss since pandemic

    The South Korean stock market dropped more than 3% on Friday to breach the psychologically important barrier of 2,700 in almost two months, after weak US jobs and manufacturing data stoked fears of a possible recession, prompting massive selling by foreign investors.The Kospi slid 3.67% to close at 2,676.19 on Friday, its lowest finish since June 4

    Aug 02, 2024 (Gmt+09:00)

    2 Min read
  • Economy
    BOK in limbo on rate decision with July inflation below 3%

    South Korea’s headline inflation remained in the 2% range for the fourth straight month in July despite a reacceleration, complicating the Bank of Korea’s rate decision amid mounting household debt and weakening domestic spending. Consumer prices in July increased 2.6% from a year ago, data released by Statistics Korea showed on Friday.

    Aug 02, 2024 (Gmt+09:00)

    3 Min read
Korea’s household debt grows at fastest pace in over 3 years
Economy
Korea’s household debt grows at fastest pace in over 3 years

South Korea’s household debt is expanding at the fastest pace in over three years, clouding growth in Asia’s fourth-largest economy and keeping the Bank of Korea in a bind over the central bank’s next monetary move toward easing.According to industry data on Thursday, the outstanding balance of household lending by Korea’s f

Aug 01, 2024 (Gmt+09:00)

2 Min read
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