The Korea Herald

Son Ji-hyoung

안녕하세요 Son Ji-hyoung 기자입니다.

Articles by Son Ji-hyoung

GS Retail ramps up pet care footprint with M&As

MoneyJul 21, 2021

Convenience store franchise operator GS Retail said Wednesday it inked a deal to acquire a controlling stake in online pet care retailer startup Pet Friends through working with local private equity ...
F&F joins TaylorMade buyout as Korean PEF switches partner

MoneyJul 20, 2021

South Korean clothing company F&F is set to commit capital of $350.5 million to take part in a private equity firm-led acquisition of California-based golf equipment maker TaylorMade Golf, a filing s...
Financial watchdog ramps up drive against overvalued IPO

MarketsJul 18, 2021

South Korean companies seeking to go public are being sent back to the drawing board time and again, as the Financial Supervisory Service insists on clearer grounds for proposed share prices in its a...
Yanolja snaps up $1.7b funding as SoftBank ramps up Korea tech bet

MoneyJul 15, 2021

Travel and leisure platform operator Yanolja completed a $1.7 billion investment round by sole investor SoftBank Vision Fund 2, the company said on Thursday. Yanolja said the company will use the pr...
BlackRock Real Assets to back Korean offshore wind farm project

MoneyJul 15, 2021

BlackRock Real Assets said Thursday it has closed its first investment in South Korea’s offshore wind sector, in line with the country’s renewable energy transition initiative. The New York-based as...
COVID-19 redefines how to value Korean private companies

MoneyJul 15, 2021

The COVID-19 pandemic has been a catalyst for changing the way of assessing the value of a privately-owned company in the private capital market in South Korea, said a veteran investment professional...
IMM PE to acquire stake in Korea’s top furniture company

MoneyJul 14, 2021

IMM Private Equity, the third-largest private equity firm in Seoul, with $5.4 billion assets under management, is in talks to become the largest shareholder of South Korea’s largest kitchen and inter...
[Herald Interview] Scaling legal service with tech touch

MarketsJul 13, 2021

More industries are being disrupted by technology, and more companies in South Korea are operating across multiple jurisdictions, often leading to complexities in international legal disputes. This ...
Chubb names new head for Korea's general insurance business

MarketsJul 13, 2021

Property and casualty insurance firm Chubb said Tuesday it has appointed Edward Kopp as the new country president for its general insurance business in Korea. The announcement marks Kopp‘s return to...
S&P raises Korea's growth outlook for 2021 to 4%

EconomyJul 7, 2021

Credit ratings agency S&P Global Ratings revised South Korea’s economic growth outlook for 2021 by 0.4 percentage point to 4 percent Wednesday. The revision comes six months after the agency project...
Jungheung looks to advance Daewoo E&C’s property development prowess

MoneyJul 6, 2021

Jungheung Group said Tuesday it would advance the real estate development prowess of Daewoo Engineering & Construction, as the conglomerate aims to complete the acquisition of the South Korea‘s sixth...
Tesla, Apple, AMC most bought foreign stocks among Koreans in H1

MarketsJul 5, 2021

Tesla, Apple and AMC Entertainment were the most-bought foreign stocks among South Koreans in the first half of the year, data showed Monday. US electric vehicle maker Tesla drew buy orders of $9.6 ...
Local builder Jungheung picked as preferred bidder for Daewoo E&C deal

MoneyJul 5, 2021

The remark came after the consortium, composed of Jungheung and investment bank Mirae Asset Securities, submitted a letter of intent to participate in the bid. Daewoo E&C has been effectively under ...
How do Korean asset owners brace for inflation?

MoneyJul 4, 2021

Representatives of other Korean asset owners, such as the Teachers‘ Pension of Korea, echoed what Park said. “In the wake of the low interest environment, we are gradually decreasing bond exposure,”...
KIC vows to increase alternative exposure to 21% by 2024

MoneyJul 1, 2021

Korea Investment Corp., South Korea‘s sole sovereign wealth fund, pledged to increase its exposure to alternative assets to 21 percent by 2024, from 16.1 percent as of May 2021, its Chief Executive O...