Korea insurer buys shares in Lending Club, sees P2P loans as new alternative

South Korea’s Hanwha Life Insurance Co. Ltd. has bought a 4.1% stake in U.S. Lending Club Corp., the world’s largest peer-to-peer (P2P) lender, for ar...

Blackstone’s property loan fund raises $900 mn in Korea, beating funding target

Blackstone, the world’s largest real estate investment firm, has attracted 1 trillion won ($900 million) from South Korean institutional investors for...

US bank loans, asset-based credit whet appetite of Korean investors

South Korean institutional investors are gearing up to raise exposure to U.S. bank loans, collateralized loan obligation (CLO) and commercial mortgage...

DO NOT PUBLISH, BUT EDIT- BOK defies big step rate hike view on recession fears

South Korea’s central bank on Wednesday defied expectations of a big step rate hike by raising the interest rate by 25 basis points (bps) desp...

BOK’s rate policy back to square one on GDP, Fed stance

TBILISI, US – The Bank of Korea (BOK) will likely be back to square on monetary policy as stronger-than-expected economic growth in the first qu...