SEOUL, Sept. 29 (Yonhap) -- South Korean shares extended their winning streak to a third session Tuesday, as progress in … ...
Monthly Archives: September 2020
Posted inEconomy
KDB floats 200 bln won in green bonds
SEOUL, Sept. 29 (Yonhap) -- The state-run Korea Development Bank (KDB) said Monday it has locally issued green bonds worth … ...
Posted inInvestment
SK to sign agreement with Premier Partners soon
SK Group and private equity firm Premier Partners are expected to sign a shareholders’ agreement soon to raise funds for … ...
Posted inInvestment
JKL Partners invests $34 mln in Megazone Cloud
Private equity firm JKL Partners will invest 40 billion won ($34 million) in Megazone Cloud Corporation, South Korea’s first Amazon … ...
Posted inM&A
Humax Mobility to acquire car-sharing firm Peoplecar
Humax Mobility Corp, a car-sharing and parking management company backed by Humax and STIC Investments, is to acquire Peoplecar. Humax Mobility … ...
Posted inM&A
SK Lubricants expects strong buyer interest
Teaser letters have been sent to potential buyers of a minority stake in SK Lubricants Co Ltd, the lubricant oil business arm … ...
Posted inM&A
Three preliminary offers for Doosan Infracore stake
MBK Partners, Glenwood Private Equity and a consortium of Hyundai Heavy Industries and KDB Investment have submitted preliminary bids for a stake … ...
Posted inFundraising
NPS returns rose to 3.5% in July as stocks rebounded
South Korea’s National Pension Service (NPS) recorded better returns on fund management in July after a weak performance in the first half, as expectations of vaccine development and stimulus measures by major countries boosted stock markets.
Posted inEconomy
Banks’ lending rates drop for 3rd straight month in Aug.
SEOUL, Sept. 29 (Yonhap) -- South Korean banks' lending rates fell for the third straight month in August amid falling … ...
Posted inEconomy
Seoul stocks open sharply higher on new U.S. stimulus hopes
SEOUL, Sept. 29 (Yonhap) -- South Korean shares opened sharply higher Tuesday, apparently tracking overnight advances on Wall Street that … ...