NPS CIO Seo Won-joo

US Department of Energy officials are in South Korea to discuss details of its electric vehicle and battery tax credit law with Korean government of...

South Korea’s Hansol Group and the Korea Advanced Institute of Science and Technology (KAIST) have agreed to establish a research center to de...

South Korea’s central bank on Wednesday delivered its second 50-basis-point policy interest rate hike as the ailing won currency adds to infla...

South Korea’s LS Group will become the No. 2 shareholder in KT Submarine Co. after buying the undersea cable construction company’s new ...

A weaker South Korean won currency has become a double-edged sword to Doosan Group’s affiliates. Construction equipment maker Doosan Bobcat is...

South Korea’s top automaker Hyundai Motor Co. said on Friday its Trailer Drone, a fully autonomous hydrogen mobility concept, has won the top ...

The tanking South Korean won currency has stoked doubts over the fundamentals of Asia’s fourth-largest economy, although the government contin...

Small and mid-sized companies are reviving the otherwise chilly IPO market in South Korea, which has been dragged down by weaker-than-expected deman...

The South Korean won has continued its decline to hit lows not seen since the 2008-09 global financial crisis on sustained concerns of an economic d...

Rising borrowing costs coupled with the weakening local currency are forcing an increasing number of South Korean companies to withdraw or halt thei...

A nosediving South Korean won deteriorated local corporate dollar funding conditions with the cost of insuring the country’s sovereign debt ag...

The South Korean won on Monday extended losses to a fresh low since the 2008-09 financial crisis as local financial markets lost ground, alongside t...

The steeper-than-expected decline in the won’s value is posing a grave threat to South Korean companies already struggling with rising inflati...

South Korea’s foreign exchange authorities and the state-run National Pension Service (NPS) agreed to open a currency swap line for the first ...

South Korea’s central bank on Thursday signaled another 50-basis-point policy interest rate hike as the won currency weakened past the psychol...

Global private equity firm Cinven Ltd. has attracted €550 million ($551.3 million) from South Korean institutional investors for its eighth fla...

The South Korean won rebounded on Friday as the foreign exchange authorities were suspected of selling some $2 billion, showing its determination to...

South Korea was estimated to have dumped more than $700 million on Thursday to support the ailing won currency as it risked breaking through the psy...

Bank of America Corp. has appointed Korean American Mike Joo as its new head of North America global corporate and investment banking (GCIB), accord...

The South Korean won extended its losses to hit its weakest level since the 2008-09 global financial crisis on Wednesday, pressured by higher-than-e...

Global hedge funds’ bet on further weakness in the won is blamed for the accelerated decline in the South Korean currency value against the do...

South Korea’s grocery delivery platform Oasis Corp. filed for preliminary IPO screening to Korea Exchange on Sept. 7. The firm is aiming to li...

South Korea may keep the National Pension Service (NPS), the world’s third-largest such fund, from increasing its power for shareholder deriva...

South Korea’s headline inflation eased in August for the first time in seven months on a slower rise in oil prices, but the central bank is st...

South Korea’s National Pension Service (NPS) is set for its new Chairman Kim Tae-hyun, a former CEO of state-run Korea Deposit Insurance Corp....

National Pension Service (NPS) of South Korea had an 8% negative return during the first half of 2022, its investment management arm announced on Au...

When a country’s currency weakens, foreign investors flee the local markets as a softer foreign-exchange rate usually means fragile economic f...

The National Pension Service (NPS) of South Korea, has committed capital to Blackstone Credit’s Sustainable Resources Platform to enhance the ...

South Korea’s won has hit the weakest level since the 2008-09 global financial crisis on a mounting trade deficit while growing concerns over ...

Korea Investment Corporation (KIC) said on Wednesday it has promoted Lee Hoon, its former head of investment strategy and innovation division, to th...