debt crisis

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it expects the global semiconductor market to rebound in the sec...

South Korean institutional investors are eyeing private debt and infrastructure for stable income and to hedge against inflation, a survey by The Kore...

South Korea's state-run Korea Gas Corp. (KOGAS) has joined hands with JERA, a Japan-based global liquefied natural gas (LNG) corporation, in the wak...

South Korea’s debt-ridden public enterprises are selling off their stakes in overseas coal mines to improve their financial status and stay in...

The Korea Development Institute (KDI), a renowned government-affiliated economic think tank in South Korea, disclosed on Sunday that the domestic se...

South Korea’s Ably Corp., operator of the fashion shopping app Ably, has attracted 50 billion won ($39 million) via venture debt amid the slow...

South Korea confirmed that inflation eased while Asia’s fourth-largest economy continued to slow, adding to expectations that the government m...

Affinity Equity Partners has refinanced 170 billion won ($130 million) in debt borrowed to acquire Burger King’s operations in South Korea and...

Samsung Electronics Co., the world’s largest memory chipmaker, is considering slashing its semiconductor production as the company is heading ...

South Korea suffered its first economic contraction in two and half years due to sluggish exports and weak domestic demand during the fourth quarter...

Lotte Engineering & Construction (E&C) has secured financing of 1.5 trillion won ($1.2 billion).The company on Monday announced its conclusi...

South Korean private equity firm VIG Partners has acquired a 100% stake in low-cost carrier (LCC) Eastar Jet Co., the asset manager said on Jan. 6. ...

Amid the tightening of the Federal Reserve, among the most impacted asset classes were agency mortgage-backed securities (MBS), issued by US governm...

In October, commercial building sales in Seoul plunged to the level of the 2008 global financial crisis.According to an analysis of actual transacti...

South Korean corporate debt ratio rose to a six-year high in the third quarter as sales growth and profitability fell, darkening the outlook for Asi...

European real estate prices are adjusting, creating mispriced risk amid current market turbulence. This brings attractive opportunities for investor...

MBK Partners Ltd., alongside Deutsche Bank AG and other four investment firms, has acquired $1.3 billion worth of distressed debts in auto-parts sup...

The average household debt in South Korea has exceeded 90 million won ($69,284). While the figure appears to be high by Korean standards, average ho...

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...

The state-run Korea Gas Corp. is set to raise some 1 trillion won ($745 million) by issuing hybrid securities to lower its debt ratio although the d...

Several South Korean startups have recently been hit hard by their CEOs’ unethical behavior and business-related misconduct, leading to a lo...

South Korea’s Lotte Chemical Corp. is poised to decide to raise more than 1 trillion won ($745.4 million) of capital at its board meeting this...

South Korean companies are at risk of credit rating downgrades as the fallout of a debt default by the domestic developer of a Legoland theme park r...

South Korea’s small- and mid-sized brokerage houses have begun their workforce reductions ahead of the end of the year. The brokerages are set...

South Korea's Walkerhill Hotels and Resorts, run by SK Networks, has returned to the black after two years and nine months thanks to growth in the n...

Korea's game development company WeMade has secured new investment worth 66 billion won ($46.4 million), breathing a sigh of relief after receiving ...

South Korea’s Kyobo Life Insurance Co. focused on US direct lending market this year given the rising probability of a European market recessi...

Korea Post’s insurance bureau will maintain its core-satellite strategy in private equity and debt investments for both stable revenue streams...

Korea Investment Corporation (KIC) will continue to look for opportunities in private debt and venture capital investment with mid- to long-term gro...

South Korea’s major financial groups enjoyed record quarterly earnings as higher policy interest rates increased lending rates, powering the p...