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K bank resumes consumer loan serviceMarketsJul 13, 2020South Korea’s oldest online-only lender K bank said Monday it has resumed its consumer loan business through its mobile apps. The new loan products will be offered either in the form of personal loa... -
IMM pauses acquisition of Kolmar CMO unitsMoneyJul 13, 2020IMM Private Equity’s plan to acquire Kolmar Korea’s contract-based pharmaceutical business assets for 512.52 billion won ($427.24 million) has been postponed indefinitely, filings showed Monday. In ... -
COVID-19 shocks on wane in Seoul’s office leasing marketMoneyJul 12, 2020The prime office market in Seoul has recently showed signs of normalization, as uncertainties due to the economic impact of the coronavirus outbreak have been on the wane in key business districts, d... -
Doosan’s plan to meet bailout requirements gathers momentumMoneyJul 10, 2020Debt-saddled Doosan’s efforts to secure cash in response to the policy lenders’ bailout appears to be coming to fruition, as the construction-to-equipment giant is finding new investors to help the c... -
NPS ups domestic chemical stocks exposureMarketsJul 9, 2020South Korea’s National Pension Service has bagged more domestic chemical stocks over the course of three months, filings showed Thursday. The world’s third-largest public pension fund increased its ... -
SkyLake signs MOU to buy Doosan’s EV battery foil armMoneyJul 8, 2020Debt-ridden Doosan Group’s holding firm said Wednesday it has signed a memorandum of understanding with local private equity firm SkyLake Investment to sell a majority stake in its battery foil maker... -
Cross-border REIT listings to heat up Korea’s IPO marketMoneyJul 8, 2020A series of listings of Korean real estate investment trusts -- including ones that involve investments in foreign properties -- are adding vigor to the upbeat initial public offering scene in the lo... -
Korean Air to sell off inflight service operations to Hahn & Co.MoneyJul 7, 2020South Korea’s cash-strapped flag carrier Korean Air Lines said Tuesday it plans to sell its inflight meal catering and duty-free units to local private equity firm Hahn & Co. “As for the divestment ... -
![[Herald Interview] Investment guru sees opportunities in post-COVID era](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/07/05/20200705000072_0.jpg)
[Herald Interview] Investment guru sees opportunities in post-COVID eraMoneyJul 5, 2020In his first public letter in 10 years, South Korea’s value investment guru Chen Kang in March urged fund investors to remain unperturbed by the coronavirus uncertainties and search for where purchas... -
HK-based hedge fund’s liquidity crisis spooks Korean investorsMoneyJul 5, 2020Gen2 Partners, a Hong Kong-based hedge fund, has notified South Korean financial institutions of a fund freeze regardless of the deadlines for fund redemption, according to news reports Sunday. This... -
Regulator to crack down on pooled funds to restore investor trustMarketsJul 2, 2020The Financial Services Commission, South Korea‘s top financial regulator, said Thursday it would carry out an all-out inspection of all privately-pooled investment schemes in a preemptive measure to ... -
Watchdog urges full compensation for damages from ponzi-involved Lime fundMoneyJul 1, 2020South Korea’s financial watchdog Financial Supervisory Service on Wednesday urged 10 financial institutions to fully compensate for investors’ losses, holding them accountable for their inadvertent d... -
Korean PEF inches closer to KDB Life acquisitionMoneyJul 1, 2020Korean private equity firm JC Partners has become a preferred bidder to buy a controlling stake in KDB Life Insurance, in policy lender Korea Development Bank’s move to exit from a troubled financial... -
Secured bonds safe haven during pandemic: BaringsMarketsJun 30, 2020Amid the lingering business uncertainties from continued COVID-19 crisis, bond investors would be able to avert risks of companies’ default in case they have invested in secured high-yield bonds, a t... -
NPS to invest W800b through private equity firmsMoneyJun 30, 2020South Korea’s National Pension Service said Tuesday it has selected five private equity firms as external partners to invest a combined 800 billion won ($665.28 million) in private equities. Accordi...
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