The Korea Herald

Kurly founder named among world’s top female fundraisers

MoneyJul 21, 2020

Founder of Seoul-based same-day deliery startup Kurly, Sophie Kim, was listed among the top 10 female founders in the world by fundraising, data showed Tuesday. The founder of Market Kurly had raise...
Seoul's commercial properties market less affected by coronavirus: reports

MarketsJul 21, 2020

South Korea‘s commercial real estate market has been relatively less affected by the pandemic as the demand for both prime offices and logistics assets remains stable partly thanks to high liquidity ...
[Market Close-up] Snowballing fiasco shows Korea's failure to create healthy hedge fund environment

MarketsJul 19, 2020

This is the first in a two-part series exploring South Korea’s troubled hedge funds market. -- Ed. Yoo Hye-kyung, 76, discharged herself from a hospital a day early to participate in a rally on Wedn...
Kakao Pay vows to expand e-bills service

MarketsJul 16, 2020

Electronic payment service provider Kakao Pay said Thursday it aims to expand its service to enable bills to be created, delivered and paid online to spearhead Korea’s aim to transform into a paperle...
Mastern to invite W110b for French office acquisition through REIT IPO

MarketsJul 15, 2020

The asset was first purchased by Samsung Securities last year. Cho Yong-min, executive director in charge of overseas investment at Mastern, said in a briefing Wednesday that drawing REIT investors’ ...
NH-Amundi names new deputy CEO

MarketsJul 14, 2020

Seoul-based joint venture NH-Amundi Asset Management said Tuesday that it named Nicolas Simon as the deputy chief executive officer of the France-based asset management house’s South Korean arm on Mo...
K bank resumes consumer loan service

MarketsJul 13, 2020

South 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 units

MoneyJul 13, 2020

IMM 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 market

MoneyJul 12, 2020

The 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 momentum

MoneyJul 10, 2020

Debt-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 exposure

MarketsJul 9, 2020

South 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 arm

MoneyJul 8, 2020

Debt-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 market

MoneyJul 8, 2020

A 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, 2020

South 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

MoneyJul 5, 2020

In 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...