KDB offers to ease HDC's financial burden in Asiana takeover as deal stalls

State-run Korea Development Bank (KDB), the main creditor of Asian Airlines Inc., has unveiled proposals to ease the financial burden for HDC Hyundai ...

Korean Air, Asiana log earnings surprises on cargo flights as global rivals record losses

Korean Air Lines Co. and Asiana Airlines Inc. have bucked the global trend of the devastating aviation industry and made rare quarterly profits, as th...

Korean developer puts on hold $2.1 bn Asiana Airlines deal with no timeline

HDC Hyundai Development Co. has postponed its 2.5 trillion won ($2.1 billion) acquisition of Asiana Airlines Inc. with no clear timeline for the deal ...

HDC-Mirae Asset consortium takes majority in Asiana Airlines for $2.2 bn

A consortium of Hyundai Development Company (HDC) and Mirae Asset Daewoo Co. Ltd. has agreed to take a 76.5% stake in Asiana Airlines Inc. for 2.5 tri...

Mirae Asset consortium likely to clinch $2.1 bn Asiana Airlines deal

A consortium of Mirae Asset Daewoo Co. Ltd. and Hyundai Development Company (HDC) is set to be announced as a preferred buyer of a controlling stake...

Mirae Asset teams up with builder for $1.2 bn Asiana Airlines deal

Mirae Asset Daewoo Co. Ltd. has attracted Hyundai Development Company (HDC) as a strategic partner to bid for a controlling stake in debt-ridden A...

French PE Ardian opens 4th Asian office in Seoul

Paris-based private equity house Ardian has opened a Seoul office as its fourth Asian base, as South Korean institutional investors such as pension fu...

IFM Investors opens Seoul office; upbeat on renewable energy

Australia’s IFM Investors opened its eighth global office in Seoul on Nov. 30, at a time when key South Korean asset owners stressed the importance of...

KIC to open Singapore office to boost Asian alternative investment

Korea Investment Corporation (KIC) will open its third overseas office in Singapore as early as August in its push for alternative investments in Asia...

[Editor's Note] ASK 2016 Summit helps open korean investor's eyes to cat bonds

It was February, 2013 when Yahoo CEO Marissa Mayer surprised Silicon Valley and business world by forbidding Yahoo staff from working remotely from ho...

US antitrust body blocks $1.4 bn Korean Air-Asiana deal

Korean Air Co.’s acquisition of smaller local rival Asiana Airlines Inc. is poised to collapse after the US antitrust body raised the hurdle f...

US antitrust body blocks $1.4 bn Korean Air-Asiana deal

Korean Air Co.’s acquisition of smaller local rival Asiana Airlines Inc. is poised to collapse after the US antitrust body raised the hurdle f...

Samsung Electronics opens gaming-focused shopping platform(edited)

Samsung Electronics Co. on Monday launched the "Samsung Game Portal" on Samsung.com in Korea, as the South Korean tech giant seeks to strengthen i...