capital flight

Korean retail giant Shinsegae Group’s online shopping mall operator SSG.COM has secured Olympus, a special purpose company created by Korean b...

The US stock holdings of South Korean individual investors surpassed $100 billion for the first time, driven by a sustained rally in the US markets ...

Donald Trump is returning to the White House as the world is embroiled in two widening regional wars, America’s rivals are coalescing into a new...

South Korea’s KB Financial Group said on Tuesday that it had obtained ISO 30414 certification, becoming the first in the domestic financial se...

South Korea's KB Asset Management Co. said on Friday it plans to list its KB Balhae Infrastructure Fund. Launched in 2006, KBIF focuses on so...

SK Nexilis Co., the world’s largest copper foil maker, is in the final stage of negotiations to sell its thin film manufacturing division to A...

KB Financial Group Inc., South Korea’s largest financial holding group, is set to use its excess capital for share buybacks and dividends next...

Bain Capital has embarked on the process to sell a majority stake in Classys Inc., a South Korean medical aesthetic device maker. The deal is estima...

UK-based activist fund Palliser Capital Ltd. is calling on SK Square Co., the investment arm of South Korea’s second-largest conglomerate SK G...

South Korea’s air carriers are fiercely vying for lucrative or untapped routes in a game of chicken to shore up their falling profit, raising ...

Singapore-based investment management firm Flashlight Capital Partners Pte. (FCP) has offered to buy South Korean tobacco maker KT&G Corp.'s gin...

UBS Group AG remained on the top of the South Korean merger and acquisition (M&A) advisory market as of the end of the third quarter after addin...

Korea Zinc Inc. said on Wednesday it will buy back shares for 3.1 trillion won ($2.4 billion) with the backing of Bain Capital to counter MBK Partne...

South Korea's budget carrier Jin Air said on Friday that it will resume and expand its international flights for the upcoming winter season, focus...

South Korean companies rushed to issue foreign currency bonds after the US Federal Reserve lowered interest rates for the first time in more than fo...

CJ CheilJedang Corp. expands its K-food territory with Australia's largest airline.CJ CheilJedang announced on Tuesday that it will introduce Bibigo...

Mastern Investment Management Co., South Korea's real estate investment firm, said on Monday that its US subsidiary Mastern America LLC signed a mem...

South Korea's cargo airline Air Incheon announced on Wednesday that it signed an agreement with American aircraft manufacturer Boeing Co. on Tuesd...

South Korea’s financial watchdog agency said on Sunday it has found that Woori Financial Group, the country's fourth-largest financial holding...

South Korea's low-cost carrier Jin Air announced on Friday that it will launch a new route between Busan and Nagoya, starting on Sept. 14, with dail...

South Korean online marketplace operators are struggling to attract investors amid deteriorating profitability and the financial turmoil facing dome...

SEOUL—A North Korean diplomat posted in Cuba defected to South Korea with his family late last year, officials said this week, a rare esc...

South Korea's SK Telecom Co. announced on Wednesday that it launched the T In-flight wi-fi service.This service will initially be available on six a...

South Korea is seeking to revoke an international tribunal’s ruling in April that its government must pay US-based Mason Capital Management LL...

South Korea's Air Premia Inc. announced on Thursday that it partnered with Alaska Airlines, the fifth-largest US carrier, through an interline agr...

Affirma Capital, a Singapore-based buyout private equity firm, is seeking to sell its entire stake in both South Korean steel tube maker SeAH FS and...

South Korea’s BNK Capital announced on Friday that it established a microfinance organization in Uzbekistan the previous day.Since entering Ca...

Seoul-based private equity firm Q Capital Partners seeks to buy a 39.3% stake with management rights in South Korean drama series producer Chorokbae...

Carlyle Group, Temasek-backed Keppel Corp., Gaw Capital Partners, and a consortium of IMM Investment and IMM Private Equity have been selected as fi...

Shinsegae Inc. and its supermarket chain operator E-Mart Inc. will bring in at least one investor by the end of this year to buy shares in SSG.COM f...