Korean AI

A US hedge fund with a stake in Korea Airport Service Co. Ltd. (KAS), a majority owned by Korean Air Lines Co. Ltd., is calling on the carrier to sell...

ST Unitas, known for English test and civil service exam preparation classes in South Korea, will receive around 150 billion won ($123 million) in inv...

HDC Hyundai Development Co. has postponed its 2.5 trillion won ($2.1 billion) acquisition of Asiana Airlines Inc. with no clear timeline for the deal ...

Hanjin Group, parent of Korean Air Lines Co. Ltd., is considering selling three core businesses of the carrier -- in-flight meal service, mileage prog...

Canada Pension Plan Investment Board (CPP Investments), the Netherlands’ APG and China’s logistics property developer ESR have agreed to s...

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 ...

Sequoia Capital, Hillhouse Capital and DST Global have invested a combined $150 million in South Korea’s online grocery delivery startup Kurly I...

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

About 48 trillion won ($39 billion) of outstanding equity-linked securities (ELS) issued by South Korean brokerage companies has put their sector lead...

Pension funds, insurance companies and asset managers in South Korea have indefinitely halted new investments in North America’s midstream asset...

Anchor Equity Partners has invested 209.8 billion won ($170 million) in South Korea’s content and entertainment company Kakao M Corp., just afte...

eBay Inc. has decided to sell 100% of its South Korean operations which it valued at about 5 trillion won ($4 billion), the latest in a series of reor...

Biotech startup Bionetix easily surpassed what's known as the "10 billion won hurdle" by raising an additional 10 billion won in funding on Dec. 23. I...

South Korea’s $25 million biotechnology-themed fund, launched by Meritz Securities Co. Ltd., has earned triple-digit returns on its 2.7 billion ...

Taiwan’s Fubon Financial Holdings, KB Financial Group and three Seoul-based private equity firms have submitted letters of intent to acquire 100...

About halfway through their three-year terms, chief executives of National Pension Service (NPS), Korean Teachers’ Credit Union (KTUC) and Publi...

Private equity firm TPG has acquired a small-sized South Korean dietary supplement manufacturer for around $250 million, in its first Korean buyout de...

Macquarie’s investment unit may attract Singapore’s sovereign wealth fund GIC and other limited partners of its Asia infrastructure fund a...

Goldman Sachs, Singapore’s GIC and Sequoia Capital are among the financial investors set to secure handsome returns from a combined 506 billion ...

Prudential Financial Inc. has put its South Korean life insurance arm on the market, as the US insurance giant is seeking to shed part of overseas ass...

Deutsche Telekom CEO Tim Hoettges visited SK Telecom in June and discussed ways to collaborate in 5G mobile communication services. The two companies ...

South Korean brokerage firms are stepping up efforts to sell down their remaining equity investments of around 600 billion won ($518 million) in the P...

Back in 2017, the idea of launching a startup to make artificial intelligence (AI) semiconductors prompted many blank stares. It was a fight that coul...

South Korean institutional investors will continue to increase their allocations to overseas infrastructure next year, and transport facilities such a...

Major South Korean institutional investors have cooled their interest in overseas real estate assets sourced by domestic brokerage firms because of he...

South Korean institutional investors, including the National Pension Service, have put on hold new alternative investments in Japan due to soured rela...

The pace of growth in overseas alternative investments by South Korean securities companies has been “too rapid” over the past 18 months and brought t...

Three South Korean brokerage firms, including Samsung Securities Co. Ltd., underwrote around 250 billion won ($208 million) of a subordinated debt on ...

South Korean institutional investors are on track to pour nearly $1 billion into US and UK airports in 2019, including the planned $51 million co-inve...

South Korean financial institutions, including Hana Financial Investment Co. Ltd. and KDB Life Insurance Co. Ltd., have invested $96.4 million in ...