Lotte new growth engines

Kim Yong-jin, the former second vice finance minister of President Moon Jae-in’s government between mid-2017 and 2018, has been chosen as the Na...

South Korean conglomerate Lotte Corporation saw overwhelming demand of 790 billion won ($665 million) from institutional investors on the issuing of c...

Hanwha Life Insurance Co. Ltd., South Korea’s second-biggest life insurer, has committed around $400 million to KKR & Co.’s new Asia b...

The South Korean government, which recently decided to allow holding companies of conglomerates to run corporate venture capital (CVC) units, needs to...

South Korea’s money supply grew at a quicker pace in June than it has in a decade, as foreign investors, who shunned risky assets just following...

Lotte Corporation is set to become the first South Korean holding company to issue environmental, social, and governance (ESG) bonds, according to inv...

South Korea's economy is likely to shrink less than expected this year, thanks to its successful response to the coronavirus pandemic, according to th...

Samsung Biologics Co. Ltd., the world’s largest contract manufacturing organization (CMO) in terms of capacity, will invest 1.74 trillion won ($...

Samsung Electronics Co. is seen narrowing its chip business revenue with Intel Corp. as the global semiconductor market continues to grow despite the ...

South Korean institutional investors have become the world's first group of investors in a fund related to the Federal Reserve's new Term Asset-B...

Hyundai Motor Group has reached a tentative agreement to build the country’s biggest test-driving center at a new tire testing facility of Hanko...

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

Korea Investment Corporation will open a San Francisco office within the year to improve its deal sourcing capability for technology startups and othe...

Hana Financial Investment Co. Ltd. and Hotel Lotte Co. Ltd. have acquired the hotel portion of a 44-story building in downtown Seattle for $175 millio...

Industrial and multifamily real estate sectors are poised to benefit from a growing trend of renting spaces in the long term after supply growth slowe...

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...

Mirae Asset Daewoo Co. Ltd. and Korea Investment & Securities Co. Ltd. have provided a combined $434 million debt on the construction of Heathrow ...

Hana Financial Investment Co. Ltd. and Lotte Non-life Insurance Co. Ltd. have lent $85 million in a mezzanine loan on Salt Creek Midstream LLC in Texa...

Ten South Korean institutional investors have committed about $200 million to the Carlyle Group’s first credit opportunities fund which recently raise...

Korea Investment Corporation (KIC) has chosen Dae-yang Park, chief investment officer of the country’s Teachers’ Pension, as new CIO among a dozen app...

Three South Korean financial services firms - NH Investment & Securities Co. Ltd., its affiliate NH Bank and Hana Financial Investment Co. Ltd. - ...

The Korea Scientists and Engineers Mutual-aid Association (SEMA) has appointed Sungmoo Huh, a former alternative investment and strategy head of Seoul...

The Korean Teachers’ Credit Union (KTCU) will aggressively seek equity-type investments such as stocks and private equities for extra returns wi...

The Korean Teachers’ Credit Union (KTCU) has appointed its corporate finance department head Ho Hyun Kim as chief investment officer, succeeding Sung-...

South Korea’s office building market is poised to continue its record-breaking growth, buoyed by heavy money inflows from overseas investors and the c...

The National Pension Service (NPS) appointed Hyo-Joon Ahn, former head of global public market and domestic equity divisions of the $565 billion pensi...

Vingroup JSC, Vietnam’s largest conglomerate, has issued convertible preferred shares to raise $400 million in a private placement to South Korea’s Ha...

Abu Dhabi Investment Authority (ADIA) will put a 14-story office building in Seoul up for sale, in a deal expected to fetch between 550 billion and 60...

  The National Pension Service (NPS) has been recently picked as the preferred buyer of Goldman Sachs’ new European headquarters in London, ...

National Pension Service’s (NPS) investment strategy head Soo-Cheol Lee has assumed the role of acting chief investment officer of the $561 billion pe...