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  • Private equity
    Seoul court upholds Affinity's Kyobo Life valuation

    A South Korean court on Thursday ruled in favor of Affinity Equity-led financial investors (FIs) in Kyobo Life Insurance Co., re...

    Feb 10, 2022 (Gmt+09:00)

  • Pension funds
    POBA taps former DB Insurance investment head as new CIO

    Public Officials Benefit Association (POBA) of South Korea has named Huh Jang, former head of investment at DB Insurance Co. a...

    Feb 10, 2022 (Gmt+09:00)

  • Petrochemicals
    Samsung hires ex-US Amb. Lippert as PR chief for N.American business

    WASHINGTON D.C. – Samsung Electronics Co. has hired Mark Lippert, former US ambassador to South Korea, as an executive in ...

    Feb 10, 2022 (Gmt+09:00)

  • Economy
    Korea’s 2021 current account surplus misses BOK forecast

    South Korea’s current account surplus last year missed the central bank’s forecast as higher raw materials prices bo...

    Feb 10, 2022 (Gmt+09:00)

  • Venture capital
    Korean VCs bet big on pet care startups

    Startups in the pet industry are gaining traction on the back of a rising number of pet owners in South Korea. Industry ins...

    Feb 10, 2022 (Gmt+09:00)

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    Feb 10, 2022 (Gmt+09:00)

  • Korean games
    Saudi sovereign wealth fund buys $700 mn stake in NCSoft

    Saudi Arabia’s Public Investment Fund (PIF) has increased its stake in South Korea's leading gaming company NCSoft Corp. t...

    Feb 10, 2022 (Gmt+09:00)

  • Corporate bonds
    Korea corporate borrowing costs jump to 8-year peaks

    South Korean companies suffered from surging financing costs as corporate bond yields shot to eight-year highs. Affiliates of ma...

    Feb 10, 2022 (Gmt+09:00)

  • Banking & Finance
    Korean bank profits at record-high as borrowers struggle under debt

    South Korea’s major banks posted record earnings last year, boosted by higher interest income amid the central bank’...

    Feb 10, 2022 (Gmt+09:00)

  • NFTs
    Gallery Hyundai paints new chapter with NFT

    South Korea’s Gallery Hyundai paints a new future by incorporating NFT (non-fungible token.)  The country’s fi...

    Feb 10, 2022 (Gmt+09:00)

  • Tech, Media & Telecom
    Samsung’s Galaxy S22 Ultra: Setting new smartphone standard

    Samsung Electronics Co. on Wednesday announced new additions to its Galaxy S series models as the world’s top smartphone m...

    Feb 10, 2022 (Gmt+09:00)