BOK to exclude high emitters from FX reserves portfolio

The Bank of Korea (BOK) is planning to exclude the bonds and equities issued by high carbon emitters from its foreign reserves portfolio in stages, ...

Korea property startup Kasa to launch exchange in Singapore

Kasa Korea Co., a property investment platform, is set to expand its services to help global users invest in real estate in the world by obtaining l...

Digital stationery marketplace Webudding charms MZers

Stationery products such as planners, calendars and notepads have long been essential everyday items for busy people. And the stationery market has ...

Korean military fund targets medium-risk global assets

The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is chasing medium-risk, medium-return assets in developed markets with a...

Korea’s top cryptocurrency exchange operator becomes decacorn

Dunamu Inc., the operator of South Korea’s top cryptocurrency exchange Upbit, became a decacorn, a company valued at over $10 billion.Dunamu h...

App Developers’ Payments Dilemma: Easier With or Without Apple and Google?

SEOUL—South Korea’s app developers can soon sidestep the digital tollway mandated by Apple Inc. and Alphabet Inc.’s Goog...

Blockbuster startup IPOs curb NPS' VC diversification

South Korean startups' blockbuster initial public offerings over the past year, including Krafton Inc. and HYBE Co., have left the National Pension ...

K Bank valued at $6.9 billion, needs to expand loans: Morgan Stanley

K Bank, the digital banking unit of South Korea’s telecom giant KT Corp., is valued at 8 trillion won ($6.9 billion) and could further raise i...

Upbit dominates S.Korea’s crypto exchange with 80% market share

South Korea’s cryptocurrency exchange market is being dominated by the biggest platform Upbit that holds about 80% of all transactions made in...

NPS to cut outsourcing of foreign bond investments

South Korea’s National Pension Service, the world’s third-largest pension fund, was set to reduce outsourcing of foreign bond investment...

Com2uS acquires metaverse platform to grow as digital content provider

South Korea-based Com2uS Corp., the creator of the popular game Summoners War, is ramping up its efforts to transition into a global content platfor...

3i's AI technology creates digital twins using smartphone photos

Innovating industrial plants is often a difficult decision-making process for companies because changing a single piece of equipment requires a thor...

POBA invites bids for $400 mn multi-asset mandates

South Korea's Public Officials Benefit Association (POBA) will commit $400 million to two multi-asset funds this year, in its first investment in th...

(HOLD) GS Group is shifting gears towards digital sectors

South Korea’s energy-to-construction conglomerate GS Group is investing big on fast-growing digital segments.According to the industry on Aug....

BlackRock Real Assets makes first Korean solar investment

BlackRock Real Assets, a unit of the world’s largest asset manager BlackRock Inc., has acquired an unspecified stake in Brite Energy Partners ...

Overseas crypto exchanges end Korean services ahead of rule tightening

Overseas cryptocurrency exchanges are ending their Korean services, including language support as well as trading and payments in Korean won, as Sou...

Yellow Umbrella sets sights on warehouses, secondaries

The Yellow Umbrella Mutual Aid Fund, a $14 billion savings arm of South Korean small business owners, is planning to further reduce the proportion o...

SK E&S' $2 bn preferred share deal shortlisted to four candidates

SK E&S Co., the largest city gas supplier in South Korea, has shortlisted four candidates among seven preliminary bidders to invest in 2 trillio...

Office tower near Seoul up for sale for about $900 mn

Alpharium Tower, a landmark office tower in Pangyo Techno Valley near Seoul, will be put on the market later this year, which is expected to fetch t...

Korean fabless startups take center stage, attracts VCs

South Korean fabless startups have taken center stage, attracting venture capital firms and institutional investors thanks to their advanced technol...

LG Energy Solution to speed up IPO process for October listing

LG Energy Solution Ltd. aims to accelerate the process for South Korea’s largest-ever initial public offering that is expected to raise more t...

Korean pension funds log above-benchmark H1 returns

South Korea's major pension funds have posted robust investment returns above their benchmarks in the first half of this year, driven by double-digi...

SK Group expands foothold in Southeast Asia fintech sector

South Korea’s energy and telecom conglomerate SK Group is aggressively strengthening its foothold in the Southeast Asian fintech business.SK S...

New FSC chief nominee tough on household debt, against cryptocurrencies

South Korea’s incoming financial regulatory chief says his policy priority is on limiting economic and financial risks stemming from higher ho...

Mirae Asset step closer to full-fledged investment bank

Mirae Asset Securities Co. has become South Korea's first brokerage company to boost its equity capital to 10 trillion won ($9 billion), taking a st...

Growing pains: Korea’s smaller crypto exchanges face shutdown

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 ...

Samsung Group joins Kakao in Bank of Korea’s digital currency project

Samsung Group will be working together with Kakao Corp. on the digital currency simulation project led by South Korea’s central bank. Accordin...

Samsung joins 200 other firms in Korea’s metaverse alliance

Samsung Electronics Co. has onboarded South Korea’s government-led metaverse alliance in a move to strengthen partnership in virtual reality (...

Korea’s Samyang to manage 30% assets globally by 2025

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

Current asset prices not irrational: Howard Marks

Many asset prices have skyrocketed to their highest-ever levels as interest rates remain historically low, but that does not mean their current valu...