Asia's shipping industry was believed to be the best spot to experience recovery from the industry's worst slump.
Tags: South Korea
Korea's Lotte Department Store considers Singapore for US$1 billion IPO
Lotte Department Store was considering an IPO in Singapore worth US$1 billion. Lotte Department Store was planning of have an initial public offering in Singapore.
SK to review bids for US$7.31 billion fighter jet contract
South Korea will decide next week whether to proceed with the auction for the supplying of 60 next generation fighter jets worth US$7.31 billion.
ING sells business in SK to Macquarie Group
ING announced that they have reached an agreement to sell its investment management business in South Korea to Macquarie Group
JPMorgan starts to buy South Korean Equities
JPMorgan have started buying South Korean Equities due to their current valuations. JPMorgan Asset Management and Charlemagne Capital Ltd. have started to buy South Korean equities after they are said to be at their lowest valuations since 2009.
Latest News
South Korea is temporarily suspending $7.3 billion fighter jet bidding South Korea announced that they are temporarily suspending the US$7. 3 fighter jet bidding initiated by the South Korea's Defense Acquisition Program Administration (DAPA).
Gunnebo Security Group announced acquisition of all shares in ATG Entrance Corporation, the company’s turnstile distributor in South Korea for 10 years.
HSBC Holdings Ltd would exits its retail banking and wealth management business in Korea to focus more on the profitable enterprises.
Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.
Foreign investors purchased a large volume of domestic South Korean bonds equalling net stock sales to foreign buyers overall.
Hyundai Rotem IPO is now official. KOSPI gives the go signal for Hyundai Rotem Co's IPO. This forecasts high gains for its majority holders Hyundai Motor and Morgan Stanley.
With restrictions on shelved produce, days of operation and zoning regulations, many big box retailers such as Tesco are being squeezed in the South Korean market.
GM expands interests in South Korea. An additional US$7. 3 billion is being eyed by General Motors Co. to be invested into its South Korean subsidiary spread over five years.
Private equity fund MBK Partners has expressed interest in acquiring ING Groep NV's South Korean insurance unit
