2008 global financial crisis

The Korea Deposit Insurance Corp. (KDIC) has resumed the ongoing sale process of its 17.25% stake in Woori Financial Group in four years. It will offe...

The Carlyle Group has been growing its presence in South Korea after sealing a string of investment and business deals with top Korean financial servi...

Affinity Equity Partners and Baring Private Equity Asia will likely invest a combined 1.2 trillion won ($1 billion) in new shares of Shinhan Financial...

The National Pension Service has added three real estate investment firms, two infrastructure managers and one private equity and debt investment hous...

Shares of Doosan Heavy Industries & Construction Co. Ltd., a South Korean power plant builder, jumped to their highest level in more than two year...

South Korean battery makers LG Chem Ltd., Samsung SDI Co., and SK Innovation Co. are steaming ahead in the global electric vehicle market pulling in a...

South Korea's real gross domestic product contracted 3.2% quarter on quarter, posting 448.2 trillion won ($378.1 billion) in Q2, according t...

Alternative investments became the best-performing asset class for the Korean Teachers’ Credit Union (KTCU) in the first half of this year, retu...

State-run Korea Development Bank (KDB), the main creditor of Asian Airlines Inc., has unveiled proposals to ease the financial burden for HDC Hyundai ...

Corporate bankruptcy cases in July posted a historic high with 103 filings, mirroring the global impact of the pandemic and its heavy blow to Sou...

South Korea's Public Officials Benefit Association (POBA) plans to allocate a combined $350 million to two global fixed-income investment companies, i...

Hanwha Defense Co. has reached the final stretch in a race to win Australia’s 5-trillion won (US$4.2 billion) project to buy new infantry fighti...

South Korean shipbuilders replaced their Chinese rivals to take the top spot in the global order book last month, thanks to their supremacy in buildin...

Korean Air Lines Co. and Asiana Airlines Inc. have bucked the global trend of the devastating aviation industry and made rare quarterly profits, as th...

(On August 25, Korea Post extended the deadline for submitting proposals for its global debt investment mandate to August 31, 2020 from August 19, 202...

The National Pension Service plans to carry out about a fivefold increase in overseas staffing by 2024 which will help to reduce external management f...

Silence over the tenure of incumbent chief investment officer (CIO) at the National Pension Service is stirring up talk within the global asset manage...

Hana Financial Investment Co., Ltd has invested in an energy storage system development project as an underwriter for senior loans worth $117 million....

Watcha, a Korean streaming platform, is gearing up to tap into Japan and Southeast Asian markets following the completion of Series D funding worth 19...

Logistics center operations in Korea have remained strong amid the global pandemic on account of e-commerce and third-party logistics' ...

Shinhan Financial Group, one of Korea's largest financial holding firms, has reached out to asset management companies that are well-versed ...

Shares of South Korean online giants Kakao Corp. and Naver Corp. recorded all-time highs last week, ahead of their quarterly earnings results and on e...

Hana Financial Investment Co. Ltd. has purchased a $77 million mezzanine loan backed by a six-story space in the 101-story, 30 Hudson Yards, the third...

SK Biopharmaceuticals Co. Ltd. made a strong market debut on the Korea Exchange, as the country's IPO market has been gaining steam with newly listed ...

The Carlyle Group has tentatively agreed to buy $200 million worth of bonds exchangeable into shares in KB Financial Group and the US private equity f...

The National Pension Service (NPS) will continue to raise exposure to global equities over the next five years, despite concerns about the impact of t...

Prudential Financial Inc. has decided to sell its South Korean insurance arm to KB Financial Group for about 2.3 trillion won ($1.9 billion) and will ...

Pension schemes and savings funds in South Korea are busy responding to a flood of capital calls simultaneously from foreign investment firms which ar...

The Military Mutual Aid Association (MMAA) has extended its financial division head’s term for another year to focus on the risk management asso...

Mirae Asset Daewoo Co. Ltd. plans to issue a global bond worth $500 million to $600 million as early as April for the third year of offshore debt sale...