Seoul Metropolitan Government

President-elect Yoon Suk-yeol pledges to build South Korea into what he dubs a global 'pivotal' power that contributes to freedom, peace, and prospe...

Conservative candidate Yoon Suk-yeol was elected South Korea's next president on Wednesday, narrowly beating liberal contender Lee Jae-myung from th...

Private equity firm Actis LLP has promoted its Seoul office Chief Executive Scott Choi as a partner, the company said on March 7. Choi is the first ...

South Korea won an exemption from the United States' expanded export restrictions on Russia over its invasion of Ukraine, the country’s trade ...

SEOUL — In the latest sign that life is going back to something that resembles the pre-pandemic past, BTS is returning to the stage in Seoul.The...

Korea Investment Corporation (KIC) signed an agreement on Feb. 24 with Seoul Guarantee Insurance Company (SGI) to co-invest in overseas hedge fund...

Asset managers' track record and risk management are the most important factors for South Korean major limited partners when considering new partnersh...

A South Korean court on Thursday ruled in favor of Affinity Equity-led financial investors (FIs) in Kyobo Life Insurance Co., rejecting Kyobo's clai...

WASHINGTON D.C. – Samsung Electronics Co. has hired Mark Lippert, former US ambassador to South Korea, as an executive in charge of corporate ...

South Korea’s government bond yields jumped to their highs in almost four years as lawmakers sought to raise a supplementary budget to up to $...

The city of Seoul launched Invest Seoul on Feb. 7, an investment promotion agency (IPA) to attract foreign investment and overseas companies. The ca...

Grade-A office transactions in Seoul hit a record high of 17.1 trillion won ($14.2 billion) in 2021, breaking the 16.6 trillion won record set in 20...

Global infrastructure investment firm Antin Infrastructure Partners SA said on Jan. 25 it has appointed Michelle (Min Kyung) Maeng as its new Invest...

South Korea is set to reform the local currency market as the country aims to reach MSCI Inc.’s developed market status for its domestic stock...

The total deal volume of Seoul metropolitan area-based grade-A logistics centers hit a record high of 7.2 trillion won ($6.1 billion) last year. A g...

  Hyundai Engineering & Construction Co. (Hyundai E&C), a construction giant under Hyundai Motor Company, will invest 409.9 billion wo...

Foreign investors ramped up their holdings of South Korean stocks 180 times in 30 years, increasing influence in the local financial markets and dom...

Come next year, Korea’s online game developers are poised to release a number of games on blockchain platforms.The companies have lined up the...

Credit Suisse Group AG has appointed two South Koreans as new managing directors (MD) for its Seoul office. Shim Jong-min and Kim Sei-won were promo...

South Korea’s KTB Asset Management Co. and Hanwha Investment & Securities Co. have jointly invested 60 billion won ($50.7 mililion) in s...

Korea’s government-backed fund of funds (FOF) management institution announced its latest selection of funds late last month, which would bene...

D.CAMP, Korea’s non-profit foundation focused on helping young entrepreneurs, has joined forces with SK ecoplant Co., Ltd. to find promising...

K-pop artists such as BTS and TWICE are set to resume global live concerts – suspended by the global pandemic for about two years – as c...

Foreign-invested enterprises (FIEs) to be set up in Seoul, South Korea from 2022 will receive increased incentives and reduction in office rent, acc...

The diesel exhaust fluid (DEF) shortage in South Korea stemming from China's suspension of urea exports is getting worse, as local DEF inventories a...

Goldman Sachs Group Inc. on Nov. 2 announced the promotions of two Korean executive directors in its Seoul office to managing directors (MDs), the b...

When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...

EQT Partners, Europe's largest private equity firm, is staffing up its Asia Pacific team with a focus on South Korea, the investment firm said on Mo...

EQT Partners will be opening its Seoul office this year for the first time, as the Swedish private equity firm is preparing to source deals in South...

Millennium Hilton Seoul will likely join the ranks of five-star hotels in downtown Seoul that were sold for redevelopment into luxury residential or...