Hana Financial to expand US presence with $100 mn injection into US banking arm

Hana Financial Group is moving to strengthen its presence in the US with a fresh capital injection into its local banking unit, as South Korean comp...

Hanwha picks H&Q as preferred buyer of Five Guys' Korean business

Hanwha Group has named Seoul-based H&Q Equity Partners as the preferred buyer of Five Guys’ Korean operations, just over two years after l...

Economic volatility offers opportunity for US alternative property investments: Kayne Anderson CEO

Global economic uncertainty is providing an opportunity for investments in US alternative real estate, including outpatient medical office and senio...

Waste management firm Ecorbit in talks to buy landfill operator Keco

Ecorbit Co., South Korea’s largest waste management company, is in talks to acquire landfill operator Keco Co. in a bolt-on deal, following it...

STIC Investment to acquire laundry franchise giant Cleantopia for about $480 mn

STIC Investment, a South Korea–based private equity firm, is set to acquire Cleantopia, the country’s largest laundry franchise operator...

SK seeks to sell AI data center stake for up to $1.4 bn with KKR interested

SK Group, South Korea’s second-largest conglomerate, is seeking to sell up to a 49% stake in an artificial intelligence data center it is buil...

Morgan Stanley PE Korea head Michael Hwey Hoon Chung steps down after 2 decades

Michael Hwey Hoon Chung, managing director at Morgan Stanley and head of Morgan Stanley Private Equity Asia's (MSPEA) South Korean operations, is ...

Korea's culture‑tech wave begins with KPop Demon Hunters: LB Investment

Netflix’s mega-hit animated film KPop Demon Hunters has become a model of South Korea's cultural and technology innovation success as K-conten...

Seoul pushes exporters to convert dollars; NPS extends FX swap with BOK

South Korea's financial authorities said on Monday it will begin regularly monitoring the dollar conversion of export-oriented companies and tighten...

KIC picks IMM Investment, Dominus in 1st Korean PEF mandate for global M&As

Korea Investment Corp. has selected IMM Investment Corp. and Dominus Investment LLC. for its first-ever commitment to homegrown private equity manag...

GS Group joins IMM-led group to invest in digital platform Kakao Healthcare

South Korea's energy-to-retail conglomerate GS Group is set to invest between 10 billion-20 billion won ($6.8 million-$13.6 million) in Kakao Health...

Korean regulator moves to discipline MBK amid Homeplus investment dispute

South Korea’s Financial Supervisory Service (FSS) on Nov. 21 issued MBK Partners a prior notice of disciplinary action, including a potential ...

Europe’s loan market gains momentum on revival in deals: M&G Investments

Following a slowdown between late 2022 and the end of 2023, Europe’s broadly syndicated loan (BSL) market has regained powerful momentum. Tota...

Policymakers explore ways to trigger NPS’ FX hedging as won slides to fresh 7-month low

South Korea has convened a four-party consultation body involving the National Pension Service (NPS), the nation’s largest institutional inves...

Ex-Koramco CEO circles Mastern Investment as management crisis deepens

Former Koramco Asset Management Co. Chief Executive Park Hyeong-seok is said to be in talks to join Koramco’s crosstown rival, Mastern Investm...

Korea Inc. braces for ‘new normal’ of weak won as majority sees 2026 FX above 1,400 won

South Korean companies are drawing up next year’s business plans on the assumption that the foreign exchange rate will remain above 1,400 won ...

Celltrion steps into weight-loss market with oral rival to Wegovy, Mounjaro

Celltrion Inc., the South Korean biosimilar giant seeking to expand into higher-value innovative medicines, is positioning itself as a future conten...

Hillhouse makes $682 mn last-minute bid to compete with Hanwha, Heungkuk for IGIS Asset

Asia-based Hillhouse Investment Co. has emerged as a late-stage wildcard in the sale of IGIS Asset Management Co., South Korea’s largest real ...

From founders to successors, S. Korea’s PE firms turn to younger bench for next phase

South Korea’s private equity industry, now in its 20th year, is entering a pivotal leadership transition as second-generation dealmakers step ...

S.Korea’s biosimilar giant Celltrion pledges $2.7 billion investment at home

South Korea’s Celltrion Inc. plans to invest 4 trillion won ($2.7 billion) in its domestic biopharmaceutical operations over the next three ye...

Hyundai, Samsung, SK, LG vow massive domestic investment

South Korea’s top four conglomerates — Samsung, Hyundai Motor, SK and LG — are cranking up domestic investment as Asia’s No....

Mirae Asset, Korea Investment win S.Korea’s 1st IMA licenses

South Korea has approved two of its largest securities houses as the country’s first operators of a new investment-banking product designed to...

POSCO invests $817 million to acquire lithium assets in Australia, Argentina

POSCO Holdings Inc., which owns South Korea’s top steelmaker POSCO, said on Wednesday that it is investing 1.2 trillion won ($817 million) to ...

Macquarie unloads 7% stake in LG CNS via $310 mn block sale at 9% discount

Private equity firm Macquarie Asset Management has sold about 7% of its stake in LG CNS Co., the IT services unit of South Korea’s LG Grou...

From aircraft to royalty, asset-backed finance reshapes private credit investing

Asset-backed finance (ABF) is evolving from a defensive niche into a central pillar of private credit’s expansion, meeting investors’ gr...

POSCO signs partnership with Cleveland-Cliffs, likely to invest over $700 mn for 10% stake

POSCO Holdings Inc., the parent of South Korea’s top steelmaker POSCO, has signed a strategic partnership with Cleveland-Cliffs Inc., the No. ...

Seoul to finance $200 bn US investment with forex earnings, state-backed bond issues

South Korea has decided to finance its $200 billion US investment package through foreign-exchange earnings and newly issued government-guaranteed b...

Seoul, Washington strike tariff deal, agree on $20 billion annual cash investment cap

GYEONGJU – South Korea and the US reached a sweeping agreement on tariff, trade and investment terms on Wednesday, capping months of difficult...

AWS, 6 other global giants pledge $9 bn Korean investment as Trump, Lee address APEC CEO Summit

GYEONGJU – Seven global tech giants, including Amazon Web Services (AWS), on Wednesday unveiled a combined $9 billion investment plan in South...

Lee, Trump face showdown over US-S.Korea tariff deal at APEC Gyeongju

GYEONGJU – South Korean President Lee Jae Myung and US President Donald Trump will meet on Wednesday in the South Korean historic city of Gyeo...