S.Korea's Jan. bond issues on track for record $6 bn

South Korean companies are ramping up their local bond issuances to finance expansion into low-carbon and contactless platform businesses, with stro...

Vietnam gives traction to Korean banks' global push

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...

NTT DoCoMo sells $370 mn KT shares to Shinhan Bank

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...

Creditors to unveil new plans next week to sell DSME

Creditor banks of South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) are mulling new ways to find a new owner of the debt-ridden ...

Bank of Korea may hike rates this week to curb inflation, household debt

South Korea’s central bank is almost certain to raise interest rates on Friday to curb inflation and household debt as the US Federal Reserve ...

Korean won touches 18-month low as Fed may raise rates sooner

South Korea’s won currency hit a 1-1/2-year low as the US Federal Reserve signaled the central bank may raise interest rates sooner than expec...

Export-Import Bank of Korea eyes $3 bn global bond sale

The Export-Import Bank of Korea (KEXIM) is planning to sell up to $3 billion worth of new global bonds this week, tipped to be the largest-ever bond...

NPS posts 7.6% return as of October 2021

South Korea’s National Pension Service (NPS) posted a 7.6% rate of return as of October 2021, according to a preliminary data report by its in...

KFCC to increase alternative assets to 40% in three years

MG Korean Federation of Community Credit Cooperatives (KFCC) will gradually increase its alternative investment proportion from the current early 30...

Retirement packages unexpectedly benefit young talent

Voluntary retirement packages, often coming with generous compensation, have been adopted by companies as a way to let go of older or redundant empl...

Money moves back to safe assets in Korea amid rising interest rates

With stock and cryptocurrency fevers subsiding amid a monetary tightening bias, South Koreans are moving their money back to safe assets, as banks s...

Mortgage loan growth slows to near four-year low in November

Mortgage loan growth at banks in South Korea slowed to near a four-year low in November, on the back of tightened lending rules and an interest rate...

BNK and KTB jointly buy UBS tower in New Jersey for $219 mn

South Korea’s BNK Asset Management Co. acquired UBS Financial Services tower in New Jersey for $219 million from US real estate developer Hart...

Bank of Korea raises interest rates, signals further hikes

South Korea’s central bank increased its policy interest rate for the second time in three months and signaled further hikes to stem rising in...

Dunamu evolves from outlier to qualified investor in Woori

"It caused quite a commotion in our industry." This was the common response by cryptocurrency exchange insiders to the news that Dunamu Inc., an ope...

Doosan sells E&C, closer to exiting self-rescue program

South Korea's Doosan Group on Friday inked an agreement to sell a majority stake in Doosan Engineering & Construction Co. (Doosan E&C) to a ...

AIIB commits $60 mn to STIC Asia Infra Innovation Fund

The Asian Infrastructure Investment Bank (AIIB) has committed $60 million to the STIC Asia Infrastructure Innovation Fund managed by South Korea&r...

Korea’s Hot Chicken Flavor Ramen maker to issue first bond

South Korea’s Samyang Foods Co., the maker of the Hot Chicken Flavor Ramen, plans to issue its first corporate bonds ever as it is expanding b...

[ASK 2021] European NPL market growth creates investment opportunities  

Global asset managers will see great opportunities in the European non-performing loan market amid challenges facing the EU banking industry, such...

Korea’s Netmarble Neo drops listing plan as sentiment sours

South Korea’s game developer Netmarble Neo decided to withdraw its initial public offering plan as sentiment in the primary market sours amid ...

[ASK2021] European Banking Sector Dislocation: The Non-Performing Credit Opportunity

Arrow Global is a leading European investor and alternative asset manager focused on the European distressed space, backed by sophist...

AI human developer MINDs Lab aims for November IPO

South Korea’s top artificial intelligence (AI) developer MINDs Lab Inc. is aiming to list on the Kosdaq market within this month. While the ...

Korea to buy back treasury bonds to curb rising interest rates

South Korea plans to buy back 2 trillion won ($1.7 billion) worth of government bonds in a move to stem a jump in market interest rates.The Ministry...

Korea mulls allowing banks to adopt Toss' super-app strategy

South Korea's top financial regulator is considering allowing banks to provide basically all financial services in single apps, emulating fintech pl...

Citibank Korea to shut down retail business in phases

Citibank Korea has decided to close its consumer banking operations in phases, the bank said on Monday, after its attempt to find a buyer of the bus...

S.Koreans' global stock, bond holdings at record high

South Korean investors maintained their buying spree in overseas equities and bond markets, with the balance of their holdings in both securities re...

Korea benchmark bond yield near 2-1/2-year high

South Korea’s benchmark bond yield hit the highest level in about two and a half years as expectations of tighter monetary policies at home an...

Toss Bank debuts amid government's tightening of loans

South Korean government’s toughening stance on household loans is having a direct impact on the fast-growing internet banks in the country. Th...

Morgan Stanley remains top advisor for S.Korea Q3 M&As

Morgan Stanley remained the top M&A advisor in South Korea in the third quarter of this year, according to data compiled by market tracker FnGui...

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, ...