Principal Global Investors

In mid-July, a small obscure South Korean cryptocurrency exchange posted a notice on its website at midnight, saying it is suspending trading of 57 ...

Korea’s major game developer Krafton Inc’s much-anticipated IPO subscription has closed by only drawing a muted response from investors....

Korea Midland Power Co. (KOMIPO) raised $300 million in a dollar corporate bond at a lower interest rate than planned on strong demand among foreign...

South Korean game developer Netmarble Corp. decided to buy the world’s No. 3 social casino game publisher SpinX Games for $2.2 billion, bettin...

Samyang Group, a South Korean food and chemicals producer, aims to manage 30% of its total assets overseas by 2025, while fostering nutrition, medic...

HK inno.N Corp. (inno.N), a pharmaceuticals unit of Kolmar Korea, drew a massive $25 billion from retail investors for its listing thanks to its s...

A sale of Daehan Shipbuilding Co., South Korea’s only shipbuilder under creditor protection, is to be completed within this year through a sta...

The Canada Pension Plan Investment Board (CPPIB) has named Suyi Kim, its Asia head, as the global chief of its private equity business, effective Se...

Shares of E-Mart Inc., South Korea’s largest retailer, are rallying after the company bought an extra stake in Starbucks Korea to control two-...

South Korea’s retail conglomerate Shinsegae Group’s food affiliate Shinsegae Food Inc. has entered the fast-growing alternative meat mar...

South Korean game developer Krafton Inc.’s initial public offering, the largest domestic IPO in the second half, drew weaker demand from insti...

Korea Gas Corp. (KOGAS) aims to expand liquefied natural gas (LNG) bunkering business as global demand for cleaner fuels for ships is growing.LNG bu...

South Korean game developer Krafton Inc. dreams of growing into global content provider with an up to $3.7 billion fund to be raised from an initial...

South Korea’s initial public offering market is sizzling with KakaoBank Corp. and other big names set to go public in coming weeks amid expect...

The global tire industry is enjoying a boom driven by fast-growing used car demand in the world. Hankook Tire & Technology is seen as a key bene...

The bid to acquire a controlling stake in Hugel Inc., South Korea’s leading maker of botulinum toxin, more commonly known as botox, from US pr...

The share prices of South Korean metaverse companies have skyrocketed throughout this year, in an environment where fan meetings, press conferences ...

South Korea’s Construction Workers Mutual Aid Association issued a request for proposals to commit $25 million to a global infrastructure fund...

Capital raising through new share sales and debt to expand facilities wasn’t good news for investors as the move often led to a fall in share ...

BlackRock Real Assets, a unit of the world’s largest asset manager BlackRock Inc., has acquired a 100% equity stake in Korea Renewable Energy ...

Samsung Electronics Co. is betting big on non-fungible token (NFT) companies through its venture capital unit Samsung Next, headquartered in Mountai...

The global auto industry is rapidly making a full-fledged shift towards electric vehicles (EVs), with the world’s five major market players, i...

Global stock markets lost ground on mounting fears over the spread of the Delta coronavirus variant. Record-breaking US shares riding on the hopes...

Federal Reserve Chair Jerome Powell and Bank of Korea (BOK) Governor Lee Ju-yeol will meet during a Group of 20 (G20) gathering of finance ministe...

SK Global Chemical (SKGC), a petrochemical subsidiary of SK Innovation Co., plans to build a plastic waste recycling plant in South Korea to extract...

Kurly Inc., the operator of South Korea's online grocery delivery service Market Kurly, has canceled a US listing plan to resume its domestic IPO pr...

Samsung Electronics Co.’s light-emitting diode (LED) business, which was almost on the verge of a shutdown due to its sluggish performance, is...

POSCO Chemical Co. will invest 600 billion won ($523 million) from 2022 to build a cathode materials plant in Pohang city with an annual capacity of...

South Korea's SK Innovation Co. is tapping private equity firms to sell up to a 49% stake in SK Global Chemical Co. after the chemical raw materials...

The world of K-pop is globally known for offering a truly wide selection of merchandise items for fans. While balloons were the only goods used by t...