National Pension Act revision

South Korea’s unionized truck drivers have decided to end their eight-day strike after the government agreed to extend minimum wage guarantees...

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, has adjusted its five-year asset allocation plan to enh...

Public Officials Benefit Association (POBA) of South Korea will keep its conservative stance in both private equity and private debt investment, whi...

Teachers’ Pension (TP) of South Korea will increase exposure to its overseas alternative assets, its Chief Investment Officer Lee Kyu-hong sai...

South Korea’s investment firm SK Square Co. announced on Thursday that it has chosen Harvey Hakjin Bae, a former alternative investment expert...

National Pension Service (NPS) of South Korea, the world's third-largest pension fund with 948.7 trillion won ($768.9 billion) in assets under man...

Global pension funds are expanding their influence as key shareholders of major companies in South Korea. Some of the world’s largest pensio...

One after another, South Korea’s household name conglomerates are establishing corporate venture capital (CVC) firms under their holding compa...

South Korea’s Fair Trade Commission (FTC) is one step closer to including foreign nationals to its list of owner-cum-heads of conglomerates ...

Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, and The California State Teachers' Retireme...

“The first joint venture with the Seoul National University seal of approval” is how artificial intelligence startup SNUAI Lab Co. des...

WeMade Co., a pioneer in South Korea's play-to-earn (P2E) game industry, revised its 2021 operating profit downward by 70% after excluding 220 billi...

Government Employees Pension Service (GEPS) of South Korea posted a 8.61% rate of return in 2021, the pension fund announced on March 15. It has ear...

South Korea will tighten its eligibility requirements for institutional investors to bid for initial public offerings, a move aimed at cooling the o...

National Pension Service (NPS) of South Korea announced on Feb. 28 it selected Adams Street Partners LLC, Benefit Street Partners LLC and Clearlak...

South Korean companies are revising their business plans for this year as soaring oil prices slam Asia’s fourth-largest economy. Inflation is ...

Europe’s largest pension fund manager APG has urged Samsung Electronics Co. and nine other major South Korean companies to drastically cut the...

Korean Air Lines Co. will start flying Boeing 737-8 aircraft from March, nearly two years after the global grounding of the jet type by airlines in ...

Korea Teachers’ Pension (KTP) has said the rate of return from its investment management in 2021 reached 12%, the highest ever since its inc...

Korean Teachers’ Credit Union (KTCU) has named its former Financial Investment Department head Park Man-soo as its new chief investment officer,...

South Korea’s pension funds sold a net 24.5 trillion won ($20.6 billion) worth of Kospi and Kosdaq stocks this year, the largest annual ne...

South Korea’s National Pension Service (NPS) and global real estate investment firm LaSalle Investment Management Inc. have agreed to acquir...

South Korea’s consumer inflation hit a near-decade peak in November, fanning expectations that the central bank will raise interest rates agai...

South Korea’s pharmaceutical giant Celltrion Inc. is set to export its COVID-19 treatment Regkirona to Europe by the end of this year as it se...

South Korean private equity firm STIC Investments Inc. said on Nov. 30 it will invest 1.1 trillion won ($843.1 million) to expand Korean elecfoil ...

Korea Scientists and Engineers Mutual-Aid Association (SEMA), one of the fastest-growing retirement pension fund in South Korea, will increase inf...

The world’s No. 1 boy band BTS became the first Asian act to take the prize for artist of the year at the American Music Awards, one of the to...

Korean Air Lines Co. (KAL) said on Tuesday it has obtained regulatory approval from Vietnam for its 1.8 trillion won ($1.6 billion) deal to acquir...

South Korea’s Korea Scientists and Engineers Mutual-Aid Association (SEMA) said on Nov. 12 that it has invested $500 million in a joint acquis...

Korean Air Lines Co. (KAL) surprised the market on Friday by posting its highest third-quarter operating profit in five years, boosted by strong dem...