South Korea’s National Pension Service (NPS) will pick domestic general partners (GPs) that will manage about 1.5 trillion won ($1.1 billion) worth of investment this year, its biggest-ever external allocation that will also invest in bonds with a high default risk for the

South Korea’s HD Hyundai Marine Solution Co. has attracted billions of dollars from retail investors in subscription deposits for the ship maintenance service provider’s initial public offering.Its public market debut, forecast to be the biggest local IPO in the first

Most market analysts and economists late last year when the Korean won traded at 1,288 per dollar forecast the Korean currency would regain ground against the US dollar to the 1,200 level in the second quarter this year from the low 1,300 level in the first quarter, but such prev

Samsung Electronics Co. will deepen ties with Zeiss Group, the sole provider of optical systems to the world’s only extreme ultraviolet (EUV) lithography system supplier ASML Holding N.V., in next-generation EUV and chip technologies, raising the stake to overtake the global foundry leader Taiwan Semiconductor Manufacturing Company Ltd. (TSMC).Jay Y. Lee, the executive chairman of the South Korean chip giant, met Karl Lamprecht, president a