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SK affiliate to acquire Young City office complex for W545.8bMoneyMay 7, 2020An affiliate of Korean real estate developer SK D&D is poised to acquire the Young City office building complex for 545.8 billion won ($444.6 million), a regulatory filing showed Thursday. A real es... -
Yulchon scouts US litigation expert from O’Melveny & Myers Seoul officeMarketsMay 4, 2020South Korean law firm Yulchon said Monday that it had named Kim Yong-sang, a US lawyer specializing in international litigation and arbitration, as co-head of its international dispute resolution tea... -
Mirae Asset drops $5.8b US hotel deal as litigation escalatesMoneyMay 4, 2020Mirae Asset Global Investments, the asset management arm of Korean financial group Mirae Asset, said Monday that it scrapped a $5.8 billion deal to acquire 15 luxury hotel properties in the United St... -
Lotte chief likely to push for Hotel Lotte IPO to win power struggleMoneyMay 4, 2020Lotte Group Chairman Shin Dong-bin is likely to accelerate the initial public offering of its subsidiary Hotel Lotte to consolidate his grip on the multinational group’s South Korean entities amid a ... -
C&W Korea to provide social distancing-friendly office modelMarketsMay 3, 2020Commercial real estate service firm Cushman & Wakefield said Sunday it was looking to introduce a social distancing office design concept to help its clients reopen their workplace and embrace the ne... -
WeWork opens 20th location in KoreaMarketsApr 29, 2020Shared working space platform WeWork said Wednesday that it had opened a 20th location in South Korea. The location in Apro Square, WeWork Shinnonhyeon, is the 12th in Seoul’s affluent Gangnam area,... -
US-based Psomagen eyes at least W57.5b IPO in KoreaMoneyApr 29, 2020Psomagen, a US company dedicated to genome sequencing technology and DNA testing, said Wednesday it looks to raise at least 57.5 billion won ($47.2 million) in an initial public offering on the Korea... -
![[Herald Interview] Boosting ‘K-quarantine’ drive by safeguarding patent rights of Korean testing kit](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/04/28/20200428000599_0.jpg)
[Herald Interview] Boosting ‘K-quarantine’ drive by safeguarding patent rights of Korean testing kitMarketsApr 29, 2020Amid growing global demand to learn South Korea’s unique quarantine methods that have contributed to bringing the novel coronavirus under control, the nation’s patent office said Tuesday that it will... -
KDB, K-Growth vow W2.5tr growth capital with 18 partnersMoneyApr 28, 2020Policy lender Korea Development Bank and fund-of-funds investment firm Korea Growth Investment Corp. said Tuesday they have selected 18 external partners to inject a total of 2.5 trillion won ($2.05 ... -
Koramco closes W134b fund to invest in pre-IPO REITsMoneyApr 28, 2020Korean real estate investment firm Koramco Asset Management said Tuesday it has signed a combined 134 billion won ($109.5 million) in commitments to its two blind-pool funds to capitalize on the pote... -
KB Kookmin Card to acquire Thai lender in $20m dealMoneyApr 27, 2020Seoul-based consumer loan provider KB Kookmin Card said Monday that it had signed a deal to buy a controlling 50.99 percent stake in J Fintech, a Thailand-based personal loan provider, for 650 millio... -
Authorities tighten grip on PEFs as Lime case shows sign of progressMoneyApr 26, 2020Kim was accused of embezzling money from his investment targets, including Star Mobility and funeral service provider Korvafamily. The police zeroed in on Kim in January connection with a 16.1 billio... -
Testing kit maker Solgent gears up for IPOMoneyApr 23, 2020South Korean genetic technology firm Solgent has picked local brokerage Mirae Asset Daewoo as an underwriter for its initial public offering, buoyed by sales of its diagnostic kits for the novel coro... -
![[Economy in Pandemic] With flattened curve, what’s ahead for S. Korean economy?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/04/22/20200422000608_0.jpg)
[Economy in Pandemic] With flattened curve, what’s ahead for S. Korean economy?EconomyApr 22, 2020The signs of a slowing COVID-19 spread on the back of a strong state drive to contain the novel coronavirus are raising expectations of an early recovery of the South Korean economy. Despite the flat... -
Crowdfunding platform Wadiz launches offline space to showcase productsMarketsApr 22, 2020South Korean crowdfunding platform Wadiz said Wednesday it has launched an offline space to help fundraising efforts by showcasing products to visitors and funders. Located in eastern Seoul, Gonggan...
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01Hyun Bin to return as North Korean agent in ‘Confidential Assignment’ sequel
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05Singapore deal Moon wants Biden to inherit was flawed: US experts
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