Korea’s JB Asset to buy Comcast’s new office building in Denver for $72 mn

Korea’s JB Asset to buy Comcast’s new office building in Denver for $72 mn

JB Asset Management Co. Ltd., a unit of a South Korean provincial bank, has been named as a preferred buyer of a new office building in Denver which C...

Carlyle seeks new strategic partner to bid for McDonald’s Korean unit

The Carlyle Group has been left as the sole bidder for the South Korean operations of McDonald’s, after a local dairy which had teamed up with the U.S...

Korea insurer buys shares in Lending Club, sees P2P loans as new alternative

Korea insurer buys shares in Lending Club, sees P2P loans as new alternative

South Korea’s Hanwha Life Insurance Co. Ltd. has bought a 4.1% stake in U.S. Lending Club Corp., the world’s largest peer-to-peer (P2P) lender, for ar...

Competition for NPS investment division’s new hires at its lowest

South Korea’s National Pension Service (NPS) has drawn slightly over 200 applicants for about 30 positions opened at its fund management division, hit...

Cerberus’ new Europe property fund may attract over $370 mn from Korean investors

Cerberus’ new Europe property fund may attract over $370 mn from Korean investors

National Pension Service (NPS), Korea Investment Corporation (KIC) and a South Korean insurer are considering putting a combined $370 million into a r...

Korea Post names new insurance asset head from within; 3rd replacement in 1 year

Korea Post has appointed a long-serving senior government official as the new head of its insurance asset investments who will also take a quasi-chief...

[Interview] Korea savings funds see UK asset price drop after Brexit, awaiting buy timing

[Interview] Korea savings funds see UK asset price drop after Brexit, awaiting buy timing

South Korea’s key savings funds have decided to put on hold investments in Europe shortly after the Brexit vote on the prospect of a further decline i...

[Editor's Note] Moves: KIC greets new CIO; NPS lets three senior managers go, ahead of office relocation

Korea Investment Corporation (KIC), South Korea’s sovereign wealth fund managing $96 billion foreign exchange reserves, has recently named Kang Shin-w...

[Interview] World Bank’s new investment head calls for review of investment period, risk limit

[Interview] World Bank’s new investment head calls for review of investment period, risk limit

Incoming World Bank’s director of the investment management division, Heung-sik Choo, said that the international financial institution, which man...

KIC names former local asset management head as new CIO

KIC names former local asset management head as new CIO

Korea Investment Corporation (KIC) has named the former head of Hanwha Asset Management as its new chief investment officer to run the sovereign wealt...

[RFP] Korea Post Savings seeks new single offshore hedge fund managers

- Proposed fund size at minimum $300 mln; proposal submissions due by June 7, 2016 - Funds currently in Korea Post Savings’ hedge fund pool not el...

Korean TV stars tipped to reap windfall from IPOs

A series of South Korean entertainment companies' public listings will likely create windfalls of up to tens of million dollars for Korean TV stars, i...

AI and other Internet new techs reach every corner of our lives (edited)

AI and other Internet new techs reach every corner of our lives (edited)

Metaverse, artificial intelligence (AI) and other Internet new technologies are gradually taking root in the daily lives of our citizens. In the cas...

BB.Q ranks 7th on list of fastest-growing restaurant brands in US

BB.Q ranks 7th on list of fastest-growing restaurant brands in US

South Korean fried chicken brand BB.Q, part of the Genesis BBQ Group, said on Monday that it has secured the 7th spot on the  'Fastest-Growing ...

Samsung SDS showcases new supply chain management solution in the US

 Samsung SDS showcases new supply chain management solution in the US

Samsung SDS introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in Orlando, Florida, the com...

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