fed funds rate

South Korea’s HS Hyosung Advanced Materials Corp. is seeking to sell its tire steel cord business to secure funds for its new growth ventures ...

South Korean venture capital firm Partners Investment said on Thursday it will raise up to 215.5 billion won ($150 million) in a biotech fund jointl...

South Korea’s economy expanded 2.0% last year, falling short of the central bank’s forecast on weaker-than-expected growth in the fourth...

South Korea’s central bank slashed its economic growth forecasts on Monday, adding to views that the monetary authority will cut interest rate...

The National Pension Service of Korea (NPS) has committed $800 million to Almanac Realty Investors, the private real estate investment arm of Neuber...

Korea Investment Holdings Co. said on Thursday it was upgraded by three notches from B to A in the MSCI ESG rating this year.The MSCI ESG rating is ...

The Bank of Korea (BOK) is widely expected to cut interest rates by 25 basis points on Thursday amid the nation's softening economy and moderating i...

South Korea’s top financial regulator has proposed loosening restrictions on financial holding companies’ ownership of fintech platforms...

South Korean steelmaker POSCO’s new bond issue for 500 billion won ($343 million) was seven times oversubscribed, which may encourage the comp...

South Korea’s activist investors are set to routinize campaigns all year long rather than launch fresh moves only before annual general meetin...

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is set to beg...

South Korea sharply lowered its economic growth forecast for this year amid the prolonged political turmoil following President Yoon Suk Yeol’...

South Korean pension funds are raising their bets on infrastructure and global stocks, while reducing exposure to the domestic stock market on a dow...

Imagoworks, South Korea's AI-based digital dental service startup, said on Tuesday it raised 23 billion won ($15.6 million) in Series C funding.Foun...

South Korea will raise the limits on forward dollar purchases and expand the foreign exchange swap line between the National Pension Service (NPS) a...

South Korea’s National Pension Service (NPS) plans to invest 2 trillion won ($1.4 billion) in the domestic real estate market next year to gai...

South Korea's 3D digital fashion solution startup CLO Virtual Fashion said on Monday it raised 50 billion won ($35 million).Atinum Investment Co. an...

Yen-denominated deposits in South Korea fell in November, dragging down overall foreign-currency savings, as investors took profits from the Japanes...

South Korea’s sovereign ratings remain stable despite the political turmoil caused by the short-lived martial law declaration of President Yoo...

Speakeasy Labs Inc., a South Korea-focused language learning app operator, has joined the ranks of unicorn startups after raising $78 million at a v...

Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, is set to seek more proposals from bidders to sell a land...

South Korean companies are postponing bond issues and initial public offerings on chilled investor sentiment in the aftermath of President Yoon Suk ...

South Korea’s leading brokerage firm Mirae Asset Securities Co. is poised to sell its stake in LX Pantos Co., adding to expectations of more d...

South Korea’s credit rating remained unscathed by the political turmoil caused by the short-lived martial law declaration of President Yoon Su...

Samsung Electronics Co. said on Thursday it invested in the Series C funding round of Axiado, a US-based artificial intelligence (AI) security platf...

Global credit rating agency Standard & Poor's (S&P) said on Thursday "the introduction and swift revocation of martial law in South Korea ...

Kia Corp., South Korea’s second-largest automaker, plans to drastically raise its shareholder return rates to bolster shareholder value. The c...

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has likely in...

South Korea's KB Asset Management Co. ended its delegated management agreement for public funds with Vietnam's largest asset management company, Dra...

South Korea’s export growth fell to a 14-month low in November with shipments to the world’s two biggest markets the US and China down, ...