Shinhan buys HSBC Seoul HQ

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

South Korean institutional and retail investors sharply raised their risk appetite last year, gobbling up Nasdaq-listed technology stocks such as Te...

South Korea’s shipbuilders are expected to get more orders on the escalating crisis in Ukraine as Europe is diversifying natural gas suppliers...

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

South Korea's SK Ecoplant Co. has acquired Singapore-based electronic waste (e-waste) disposal and recycling company TES Envirocorp Pte. Ltd for $1 ...

South Korea’s central bank is caught in a dilemma as it needs to raise interest rates to curb rising inflationary pressure in Asia’s fou...

Asian stock markets lost ground on Monday with South Korea’s main shares down to their lowest level in more than two weeks as rising tensions ...

South Korea’s energy-to-retail conglomerate GS Group has increased its spending to become the largest shareholder in Hugel Inc., the country's...

Korea Investment Corporation (KIC), managing $205 billion in assets as of the end-2021, has invested in US cryptocurrency exchange platform Coinba...

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...

Saudi Arabia’s Public Investment Fund (PIF) has increased its stake in South Korea's leading gaming company NCSoft Corp. to become its fourth-...

Construction Workers Mutual Aid Association (CWMA) has named Lee Seong-yeong as its new chief investment officer and is in the final stage of the no...

Mastern Investment Management Co., a Seoul-based real estate investment firm, has acquired Alpharium Tower I and II in Pangyo from ARA Asset Manag...

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

  Saudi Arabia’s sovereign wealth fund Public Investment Fund (PIF) has bought a 5% stake in online game developer Nexon Co., the gaming...

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...

Samsung Biologics Co. is acquiring a nearly 50% stake in a biosimilar joint venture with Biogen Inc. from the US biotechnology company for $2.3 bill...

IMM Private Equity is set to acquire a 1.73 percent stake in Samsung Life Insurance Co., according to investment banking sources on Jan. 27. The sta...

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

Bain Capital on Thursday agreed to buy a majority stake in South Korea's medical aesthetic device manufacturer Classys Inc. for 670 billion won ($56...

A Korean consortium led by IGIS Asset Management Co. and Shinhan Global Investment Banking (GIB) has signed a contract with a US asset manager to se...

Hopes for a rebound in South Korea’s entertainment shares emerged as their earnings are expected to improve on new businesses and their valuat...

The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. has set a new record for initial public offering demand, wit...

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...

South Korea's leading banks began to reap the rewards of their efforts to become regional players in Asia, with their aggressive investments in Viet...

Japan's mobile phone operator NTT DoCoMo has sold all its shares in KT Corp., worth 437.5 billion won ($370 million), to Shinhan Bank which formed a...

South Korea's leading telecom operator KT Corp. has entered into a strategic alliance with the country's No. 2 lender Shinhan Bank, involving a $370...

Hotel Lotte Co., retail conglomerate Lotte Group’s luxury hotel operator, completed the acquisition of Kimpton Hotel Monaco in Chicago for $...

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

US private equity juggernaut The Carlyle Group Inc. has bought a 10% stake in Hyundai Glovis Co., worth approximately 611 billion won ($510 million)...