Government Employees Pension Service

President-elect Yoon Suk-yeol will scrap the outgoing government’s plan to sell off its stakes in loss-making overseas mines, including the Am...

Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, and The California State Teachers' Retireme...

Kakao Corp., South Korea’s top mobile messenger app operator, has acquired a controlling stake in Sakura Exchange BitCoin (SEBC), a Japanese c...

South Korea’s central bank chief nominee said on Friday he will use interest rates to tackle household debt in Asia’s fourth-largest eco...

South Korea’s entertainment behemoth SM Entertainment Co. is poised to have a new outside auditor – a measure expected to bring a much-a...

South Korea’s won currency on Monday hit its strongest point against the Japanese yen in more than three years on higher interest rates and co...

Daol Financial Group of South Korea, formerly known as KTB Financial Group, announced on March 25 the change in the company's name. Daol, a Korean w...

South Korea’s leading game developer Krafton Inc. announced Wednesday it signed a memorandum of understanding with San Francisco-based Solana ...

South Korea is becoming a test bed for global high-end brands such as Balenciaga, Valentino, IWC and Breitling. The world's top luxury brands, pre...

South Korea’s internet juggernaut Naver Corp. announced Friday it has launched a conversational search engine service called Knowledge Interac...

Government Employees Pension Service (GEPS) of South Korea posted a 8.61% rate of return in 2021, the pension fund announced on March 15. It has ear...

South Korea’s robotics startup Bear Robotics Inc. announced Wednesday it raised $81 million in Series B funding from venture capital heavywe...

The ongoing war in Ukraine and tougher emission standards are creating a new market for shipbuilders: converting aged liquefied natural gas (LNG) ca...

Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...

South Korea’s energy and raw materials imports have surged to all-time highs in value terms in the wake of Russia’s invasion of Ukraine,...

Suresofttech Co., a South Korean developer of verification tools for software quality, has won a deal to check a key system in small-size reactors m...

The South Korean stock market rose across the board on Thursday, reacting positively to the election of former prosecutor generator Yoon Suk-yeol as...

Conservative candidate Yoon Suk-yeol was elected South Korea's next president on Wednesday, narrowly beating liberal contender Lee Jae-myung from th...

When Seoul-based private equity firm Hahn & Co. acquired K Car Co. from SK Group in 2018, the No. 1 used car retailer in South Korea controlled ...

KKR was chosen as the best private equity firm by South Korean institutional investors, a survey shows. Blackstone, Macquarie Asset Management and Are...

National Pension Service (NPS) of South Korea announced on Feb. 28 it selected Adams Street Partners LLC, Benefit Street Partners LLC and Clearlak...

Hyundai Glovis Co., the world’s second-largest car shipping company, aims to top the industry with an expansion of its fleet, specializing in ...

“As demand for over-the-top (OTT) services grows, so will the bid for companies that provide translated subtitles in multiple languages,&rdq...

South Korea's SK Ecoplant Co. has acquired Singapore-based electronic waste (e-waste) disposal and recycling company TES Envirocorp Pte. Ltd for $1 ...

South Korea’s top wireless carrier KT Corp. announced Thursday that it has launched an AI-powered voice recognition service for Mercedez-Benz ...

Samsung SDS Co., South Korea’s information technology service company, is set to expand its global cloud service business in cooperation with ...

Europe’s largest pension fund manager APG has urged Samsung Electronics Co. and nine other major South Korean companies to drastically cut the...

KT Corp., South Korea's No. 2 telecom operator, has decided to invest 130 billion won ($110 million) in Megazone Cloud Corp., the country's largest ...

Audio streaming platform Genie Music Corp. has held four metaverse concerts for K-pop singer Jamie Park so far this month. At one point during ...

MBK Partners and IMM Private Equity will each be investing 200 billion won ($167 million) in Megazone Cloud Corp., the first South Korean business p...