Korea

Markit iBoxx indices total assets stood at $4.7b.

South Korean banks and companies raised US$39.1 billion by selling bonds in overseas markets in 2012.

It is seen as a retaliation for pulling out its asset management unit out of South Korea.

CIMB will get licences for investment banking in Seoul, Taipei and Mumbai within three months.

Five years.

Daewoo International Corp. signed a deal with a private equity fund to invest US$180 million in its future overseas resource development.

Samsung Asset Management Co. is developing new products with a view to joining the ranks of Asia's three largest exchange-traded fund operators by 2015.

Korea Exchange Bank raised $300 million by selling global bonds amid favorable market conditions due to upgrades of Korea's sovereign rating.

A recent Moody's and Fitch upgrade that showed Korean assets as "safe and liquid" will cause to attract more foreign investments, according to HSBC Holdings.

NongHyup Bank successfully floated dollar bonds worth US$500 million.

Financing of South Korean firms through initial public offerings and rights offerings tumbled to the lowest mark in 12 years.

A number of South Korean asset managers and brokerage houses exhibited negative net worth.

CIMB Group may start broking operations in India and South Korea after buying most of RBS Group’s Asian investment banking assets.

Standard Chartered Private Equity Ltd. will invest $46 million in Smoothies Korea Inc.

A number of foreign investment banks forecast that South Korea's central bank will lower its key interest rates to help stimulate growth.

SK Group launched a $85.6 million private equity fund to invest in its small subcontractors with proven growth potential.