NPS to outsource specialists to strengthen ESG engagement with overseas portfolio firms

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is seeking to...

Netflix, S.Korean rivals bleed cash as fight for OTT market heats up

South Korea’s streaming battlefield has become so cutthroat that even Netflix Inc., the world’s largest over-the-top (OTT) platform, is ...

ISS backs HD Hyundai Construction-Infracore merger for efficiency, synergy

Institutional Shareholder Services Inc. has thrown its weight behind the planned merger of HD Hyundai Construction Equipment Co. and HD Hyundai Infr...

Proxy voting rises in South Korea, but few vetoes cast

An increasing number of asset management firms in South Korea are more frequently exercising their voting rights at portfolio companies. Nevertheles...

Korea Zinc faces multiple legal, regulatory challenges in fight against MBK

Korea Zinc Inc. Chairman Choi Yun-birm appears to have kept his grip on the world’s largest zinc smelter after successfully fending off an MBK...

MBK's fight for Korea Zinc control drags on after court ruling

The battle for control of Korea Zinc Inc. between an MBK Partners-led alliance and the zinc smelter’s Chairman Choi Yun-birm is evolving into ...

Sono Hospitality heralds proxy fight to control T’way Air

Sono Hospitality Group, South Korea’s top resort operator, has vowed to more actively horn in on the business of T'way Air Co., portending a p...

Korea Zinc chair reported to prosecutors over rights issue

South Korea’s Financial Supervisory Service (FSS) has reported Korea Zinc Inc.'s Chairman Choi Yun-birm and its board of directors to prosecut...

Korea Zinc, MBK-Young Poong alliance to fight over cumulative voting

The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has n...

Korea’s Shinsegae, China’s Alibaba to set up e-commerce joint venture

South Korea’s retail conglomerate Shinsegae Group has joined forces with Chinese online shopping giant Alibaba Group Holding Ltd. to better co...

MBK, Young Poong close in on majority of Korea Zinc

A consortium of MBK Partners and Young Poong Corp. has raised its stake in Korea Zinc Inc. to 46.7% of voting shares, drawing the group closer to ma...

Korea’s president impeached over martial law; political turmoil to ease

South Korea’s parliament voted to impeach President Yoon Suk Yeol on Saturday over his stunning martial law decree, suspending him from office...

North Korea Sent a Mystery Man to Lead Its Troops Fighting Ukraine

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Korea Zinc, MBK face proxy war for zinc smelter

Korea Zinc Inc.'s face-off with an MBK Partners-led consortium over control of the world’s largest zinc smelter looks set to escalate into a l...

Korea Zinc to sell $301 mn in CPs amid management feud with MBK

Korea Zinc Inc., the world’s top zinc and lead smelter, is set to sell 400 billion won ($300.9 million) in commercial papers, its first fundra...

MBK not to sell Korea Zinc to China after tender offer

MBK Partners Ltd. does not plan to sell Korea Zinc Inc., the world’s largest zinc and lead smelter, to China if MBK's takeover bid of up to 2 ...

Gloves off for Samsung, LG in high-end OLED display fight

Samsung Display Co. and LG Display Co., the global leading organic light-emitting diode panel makers, are fiercely competing in the professional OLE...

LG Electronics’ new HVAC center in Europe to fight extreme temperatures

LG Electronics Inc., a leading South Korean home appliance maker, said on Monday it has set up a research center in Germany to help develop advanced...

Proxy advisor KCGS backs Hanmi founder's sons return to board

South Korea’s top proxy advisory firm has recommended that shareholders of Hanmi Science Co. vote in favor of Hanmi Pharmaceutical Group&rsquo...

Samsung C&T defeats activist funds in proxy battle

Activist funds arm in arm to demand higher dividends from Samsung C&T Corp. got defeated in a proxy fight against the de facto holding firm of S...

ISS urges KT&G shareholders to vote against CEO candidate Bang

Global leading proxy advisor Institutional Shareholder Services Inc. (ISS) has recommended that stakeholders of South Korean tobacco maker KT&G ...

ISS backs Kumho Petrochem in family feud-triggered proxy war

Proxy advisory firm International Shareholder Services (ISS) has expressed its support for all of Kumho Petrochemical Co.'s proposals up for vote ...

Palliser Capital backs proxy fight with Samsung C&T

Palliser Capital, a London-based hedge fund, said on Sunday it will vote in favor of other activist shareholders’ proposals for Samsung C&...

Cooling demand sparks layoffs at Korean spirits importers

Dwindling demand for foreign beers and whiskeys in South Korea has led some local liquor importers to let go of some staff, spurring concerns about ...

Family feud at Kumho Petrochem set to reignite

Park Chul-whan, the nephew of Kumho Petrochemical Co.'s former Chairman Park Chan-koo, has launched a proxy fight jointly with an activist fund, fue...

Activist funds to wage proxy battle with Samsung C&T

Five activist funds have joined hands to wage a proxy battle with Samsung C&T Corp., demanding additional share buybacks and dividend increases....

Cho Yang-rai to fight back in MBK Partners’ bid to acquire Hankook Tire

Cho Yang-rai, honorary chairman of Hankook & Company Co., has vowed to fight MBK Partners Ltd.’s bid to take over the holding company of S...

Hyundai bets big on deep discounts to survive EV plateau

Hyundai Motor Co. is going all out to revive drivers’ interest in electric vehicles with significant price cuts in the US, the world’s s...

Proxy adviser ISS backs drug giant Celltrion's merger plan

South Korean drug giant Celltrion Group has received a positive recommendation from Institutional Shareholder Services (ISS), a global leading proxy...

S.Korea's travel agencies fight for survival with customized products

South Korea’s major travel agencies, feeling threatened by the rise of online travel agencies on the tourism market, are using their strengths...