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Mergers & AcquisitionsAffinity Equity set to close $1.1 bn purchase of Lotte Rental
Affinity Equity Partners said on Friday that it will sign a definitive agreement on March 11 with Lotte Group to acquire a 56.2%...
Feb 28, 2025 (Gmt+09:00)
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AutomobilesHankook Tire, Lamborghini strengthen ties as chairmen set to meet
Cho Hyun-bum, chairman of Hankook & Company Co., the holding firm of South Korea’s largest tire maker Hankook Tire &am...
Feb 28, 2025 (Gmt+09:00)
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Pension fundsS.Korea’s pension fund NPS posts record return in 2024 on US stock rally
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutiona...
Feb 28, 2025 (Gmt+09:00)
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Sovereign wealth fundsS.Korea’s sovereign fund KIC logs 8.5% return in 2024
The Korea Investment Corporation (KIC) reported an annual return of 8.49% last year thanks to steady gains from equity investmen...
Feb 28, 2025 (Gmt+09:00)
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AutomobilesHyundai CEO Muñoz named MotorTrend Person of the Year
South Korea’s top carmaker Hyundai Motor Co. Chief Executive Officer José Muñoz was picked as the most power...
Feb 28, 2025 (Gmt+09:00)
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Real estateKorea’s top property asset manager IGIS Asset’s controlling stake up for sale
South Korea’s top real estate asset management firm IGIS Asset Management Co. plans to sell a controlling stake owned by t...
Feb 28, 2025 (Gmt+09:00)