financial investment income tax

Samsung Group family is set to sell a 3.9% stake in Samsung SDS Co. worth 390 billion won ($319.5 million) through a block deal. The seller is one o...

South Korean entertainment powerhouse CJ ENM Co. said on Monday it will invest 100 billion won ($82.3 million) in KT Studio Genie, a content produ...

South Korea’s Hana Financial Group has joined the race to buy English Premier League club Chelsea in a consortium with British property develo...

Auburn, Michigan – South Korea’s silicon wafer maker SK Siltron Co. will invest $300 million to increase production capacity by ten time...

Hyundai Motor Co., South Korea’s top carmaker, invested $21.6 million late last year in startups with promising technologies in non-automaking...

South Korea’s first generation biotech firm Medipost Co. will sell a 30% stake to a private equity consortium, the company announced after W...

Government Employees Pension Service (GEPS) of South Korea posted a 8.61% rate of return in 2021, the pension fund announced on March 15. It has ear...

Hyundai Motor Co. has started mass producing its iconic all-electric crossover IONIQ 5 at its newly built plant in Indonesia, a country that the top...

Hanwha Systems Co., the defense and air mobility unit of South Korea’s Hanwha Group, made another investment of $11 million in Kymeta Corp., a...

South Korea’s SK Geo Centric Co. invested $55 million in US plastic waste recycling company PureCycle Technologies Inc. in a move to transform...

South Korea’s energy and raw materials imports have surged to all-time highs in value terms in the wake of Russia’s invasion of Ukraine,...

South Korea's Lotte Confectionery Co. has invested around 10 billion won ($8 million) in Canada’s edible insect protein producer Aspire Food G...

South Korea’s Samsung Electro-Mechanics is set to focus on information technology and automotive electronics sectors as they are core growth e...

South Korea’s SK Group units focusing on investments in new eco-friendly industries are facing risks of credit rating downgrades.Investors hav...

Former prosecutor general Yoon Suk-yeol on Wednesday was elected South Korea's next president, pledging drastic deregulation and investor-friendly m...

Conservative candidate Yoon Suk-yeol was elected South Korea's next president on Wednesday, narrowly beating liberal contender Lee Jae-myung from th...

Private equity firm Actis LLP has promoted its Seoul office Chief Executive Scott Choi as a partner, the company said on March 7. Choi is the first ...

Cloud management service provider Cloocus Co. has received 50 billion won ($40.8 million) from SK Inc. C&C, those familiar with the investment...

The Financial Services Commission (FSC) and the Korea Exchange (KRX) jointly announced a revision to their corporate governance report guidelines on...

The South Korean won currency tumbled to its lowest point in almost two years on Friday, adding to inflationary pressure in Asia’s fourth-larg...

South Korea is the world’s second-most attractive wine market, outranked by only the United States, according to London-based consumer researc...

KKR was chosen as the best private equity firm by South Korean institutional investors, a survey shows. Blackstone, Macquarie Asset Management and Are...

South Korea’s top automaker Hyundai Motor Group on Wednesday set out its vision to become a top-tier eco-friendly auto brand by accelerating i...

POSCO, the world’s sixth-largest steelmaker, on Wednesday launched a holding company to develop the group into an eco-friendly future material...

Biopharmaceutical companies of South Korea are having a tough time fundraising of late. Bio ventures without specific public offering plans are pa...

National Pension Service (NPS) of South Korea said on Feb. 28 it selected Millennium Management LLC, Starboard Value LP and Systematica Investment...

National Pension Service (NPS) of South Korea announced on Feb. 28 it selected Adams Street Partners LLC, Benefit Street Partners LLC and Clearlak...

National Pension Service (NPS) of South Korea said on Feb. 28 it hired Allspring Global Investments LLC, BlackRock Inc. and Morgan Stanley Investm...

Korea Investment & Securities Co. will arrange senior and mezzanine loans for Paris-based PAI Partners to fund its acquisition of Tropicana an...

National Pension Service (NPS) of South Korea posted a 10.86% rate of return in 2021, according to a preliminary data report by its investment man...