fund raising

The Bank of Korea has ended its ultra-easy monetary stance by bumping up the base interest rate by 25 basis points from a record-low 0.5% on Thursda...

South Korea’s POSCO Chemical is set to bolster production capacity of electric vehicle battery materials in China, the world’s top batte...

South Korea's Government Employees Pension Service (GEPS) is setting its sights on overseas office buildings not only in core regions but in its per...

South Korea's Public Officials Benefit Association (POBA) will commit $400 million to two multi-asset funds this year, in its first investment in th...

SSG.COM, the e-commerce brand of South Korea’s retail giant Shinsegae Inc., reported its second-largest operating loss in the second quarter a...

Silicon Valley-based artificial intelligence startup Moloco Inc. has raised around 173.4 billion won ($148.1 million) in a recent funding round led ...

South Korea’s No. 1 online flea market operator Danggeun Market Inc. has increased its valuation to $2.6 billion as it raised $153 million fro...

POSCO Co., the world's fifth-largest steelmaker, has raised €1.1 billion ($1.3 billion) through green bonds convertible into its common shares,...

The Yellow Umbrella Mutual Aid Fund, a $14 billion savings arm of South Korean small business owners, is planning to further reduce the proportion o...

South Korea's Hana Financial Investment Co. is set to underwrite 75 billion won ($65 million) worth of senior bonds linked to environmental, social ...

Hyundai Heavy Industries Co. is aiming to raise up to 1.08 trillion won ($940 million) in a South Korean initial public offering next month to finan...

South Korea's major pension funds have posted robust investment returns above their benchmarks in the first half of this year, driven by double-digi...

A South Korean electric bus maker Edison Motors Co. added the activist fund Korea Corporate Government Improvement Fund (KCGI) as a financial invest...

Hyundai Heavy Industries Co. got approval for an initial public offering (IPO) from South Korea’s stock exchange. The country’s top ship...

South Korea's Public Officials Benefit Association (POBA) has committed €80 million ($95 million) to AXA Investment Managers' fund, which recen...

Korea Midland Power Co. (KOMIPO) raised $300 million in a dollar corporate bond at a lower interest rate than planned on strong demand among foreign...

South Korea's startup ecosystem has been booming with companies raising over 1 trillion won ($870 million) in the first half of this year -- an all-...

South Korea’s pension funds are increasing co-investment as the COVID-19 is prolonged. They are attempting to solve difficulties in overseas d...

The Canada Pension Plan Investment Board (CPPIB) has named Suyi Kim, its Asia head, as the global chief of its private equity business, effective Se...

Queenit, a South Korea-based fashion mobile platform targeting women in their 40s and 50s, has raised 10 billion won ($9 million) from venture capit...

South Korea's Public Officials Benefit Association (POBA) has ventured into the real estate secondaries market, committing $150 million to Brookfiel...

LG Technology Ventures, a venture capital arm of South Korea's LG Group, has diversified its portfolio into the industrial cybersecurity market with...

SK Inc., the investment arm of South Korea's SK Group, will launch a 100 billion won ($90 million) fund jointly with Joyvio Group, a unit of Chinese...

Singapore's sovereign wealth fund GIC Private Ltd. is set to sign an agreement next week to buy a 30% stake in Starbucks Korea from the coffeehouse ...

South Korea’s Construction Workers Mutual Aid Association issued a request for proposals to commit $25 million to a global infrastructure fund...

Some of the most cash-abundant firms across different industries in South Korea are issuing large amounts of bonds to raise even more funds amid a l...

South Korea-based e-commerce startup RXC has secured around 20 billion won ($17.5 million) in a seed round -- an impressive and rare amount consider...

The National Pension Service (NPS) will raise exposure to up-and-coming biopharmaceutical, electric vehicle parts, entertainment and gaming companie...

South Korea’s major companies are rushing to secure cash to fund new business. Some have sold or securitized property, while others issued n...

BlackRock Real Assets, a unit of the world’s largest asset manager BlackRock Inc., has acquired a 100% equity stake in Korea Renewable Energy ...