Special Project 2

The National Pension Service and Germany’s Allianz SE are in negotiations  to jointly buy a 50% stake in OUE Bayfront, a Grade A office t...

The Carlyle Group is in final stages of talks to buy South Korea’s No. 2 bakery chain Tous Les Jours from the country’s food and enterta...

The National Pension Service has teamed up with the US-based Stockbridge Capital Group to acquire a $2 billion portfolio of logistics facilities in ...

The South Korean won has strengthened to its highest level in two and a half years amid local stocks’ three-day bull run to a record high on h...

Economically sensitive stocks such as chips, steel and shipbuilding pushed the South Korean stock market to its strongest close on Nov. 23, with gro...

Samsung Electronics Co. shares have soared to a historic high, driven by foreign investors scooping up a total net 2.6 trillion won ($2.3 billion) wor...

South Korea’s current account surplus rose in September to its highest level in two years on the back of rebounding exports of chips and automob...

Korea Shipbuilding & Offshore Engineering Co., a shipbuilding arm of Hyundai Heavy Industries Group, has won a 425 billion won ($375 million) orde...

Samsung Electronics Co. announced on Oct. 29 that it has entered into an agreement with CJ Olive Networks Co. to collaborate on Neon, an artificial hu...

South Korea’s Kookmin Bank has issued $500 million in subordinated bonds as part of its efforts to expand loans for environmental, social and go...

South Korea’s National Pension Service (NPS) has decided to vote against LG Chem Ltd.’s plan to split off its battery business at a shareh...

Hyundai Motor Co. turned to an operating loss in the third quarter, after it booked 2.1 trillion won ($1.9 billion) as one-off charges related to its ...

Hyundai Motor Co. and affiliate Kia Motors Corp. said on Oct. 19 that a combined 3.36 trillion won ($2.94 billion) in quality-related costs will be re...

Samsung Electronics Co.’s third-quarter profit likely jumped nearly 60% to its highest point in two years, smashing market expectations, thanks ...

Samsung Electronics Co.’s third-quarter profit likely jumped nearly 60% to its highest point in two years, smashing market expectations, thanks ...

Korea Electric Power Corp. (KEPCO) will move forward with its participation in Vietnam’s coal-fired power plant project, after the deal came c...

KB Financial Group will no longer finance coal power projects at home and abroad, nor invest in them, said the South Korean banking group, with a set ...

The National Pension Service has decided to stop paying management fees for project funds to be launched by South Korean private equity firms, after r...

Hyundai Capital America, the US capital arm of Hyundai Motor Group, has issued $2.5 billion worth of global bonds, the largest amount for a local comp...

South Korea’s pension funds including the National Pension Service sold off a net 3.12 trillion won ($2.6 billion) worth of domestic equities fr...

Hana Financial Investment Co. Ltd. has secured A$200 million ($146 million) in senior loans to finance A$320 million solar power project in Australia ...

South Korean steelmakers POSCO and SeAH Steel Corp. will jointly supply 12,000 tons of stainless steel pipe for a liquefied natural gas project in Kit...

The Bank of Korea will buy state bonds worth 5 trillion won ($4.2 billion) directly from the market by the end of this year to stabilize the local deb...

The Korean Teachers’ Credit Union (KTCU) will invest $50 million in a $700 million value-add residential project under which a group of investor...

Hanwha Q Cells Co. has secured the right to generate half of the 700-megawatt power capacity put up for auction in Portugal, becoming the first compan...

Hong Kong-based investment firm PAG has agreed to sell South Korean toymaker Young Toys Inc. to a consortium led by local education service provi...

South Korea's parliament looks set to pass new legislation to ban financing on foreign coal power projects, putting all overseas coal-fired plant deal...

Swiss-based investment bank Credit Suisse has raised its KOSPI target to 2,600 from 2,300 on August 19 on the back of the weakened US dollar and impro...

Korea’s sneaker resale market is gaining traction as it becomes increasingly lucrative for buyers and sellers. The $2 billion sneaker resale mar...

Naver Webtoon has become the industry's first to post over 3 billion won ($2.5 million) for daily paid-content as of August 2, breaking its own r...