state-owned

Kakao Pay Corp., the digital settlement platform unit of South Korea’s top messaging app operator Kakao Corp., is delaying its planned initial...

South Korea's Public Officials Benefit Association (POBA) has decided to invest around €100 million ($120 million) in Kadans Science Partner, a...

South Korea's initial public offering market is gaining fresh momentum from high-profile listings such as mobile banking app KakaoBank and game deve...

South Korea’s major banks are rushing to Singapore as the city-state is emerging as a new financial hub in Southeast Asia, replacing the tradi...

South Korea’s leading oil and gas company GS Energy Corp., a wholly-owned subsidiary of GS Holdings, and Spain’s largest utility company...

The Korea Deposit Insurance Corp. (KDIC) has reduced its stake in Woori Financial Group to 15.25% by selling 149.2 billion won ($134 million) worth ...

Samsung Electronics Co. and SK Hynix Inc. are unveiling a series of new solid-state drives (SSDs) to grab a greater share of the intensifying global...

Lim Il-soon, chief executive of South Korean retailer HomePlus, is stepping down after leading the MBK Partners-owned discount store chain for about...

The Canada Pension Plan Investment Board (CPPIB) has emerged as the top shareholder in South Korea’s only listed logistics real estate inves...

LG Chem Ltd. will spin off its secondary battery business into a wholly owned subsidiary in a move to foster its automotive battery business, accordin...

The Bank of Korea will buy state bonds worth 5 trillion won ($4.2 billion) directly from the market by the end of this year to stabilize the local deb...

The Korea Deposit Insurance Corp. (KDIC) has resumed the ongoing sale process of its 17.25% stake in Woori Financial Group in four years. It will offe...

The National Pension Service needs to be split to enhance the efficiency of the South Korean state pension fund’s operations and reduce its heav...

Simone Investment Managers Co. Ltd., a unit of a South Korean handbag maker, has invested around 60 billion won ($56 million) in a mezzanine debt on...

Hangang Asset Management Co. Ltd. has invested 50 billion won ($47 million) in a mezzanine debt on two luxury hotels in Orlando, Florida, on behalf of...

Mirae Asset Daewoo Co. Ltd., the brokerage arm of South Korea’s leading mutual fund house, has bought a $95 million mezzanine debt on the Cosmopolitan...

Singapore’s GIC and M&G Real Estate of London-based Prudential Plc. are in the bidding for a new office building in South Korea, wholly owned by t...

A small-sized South Korean asset management firm, Hyundai Investments Co. Ltd., has raised a real estate fund to invest 93 billion won ($79 million) i...

Mirae Asset Global Investments Co. Ltd. has raised the planned 300 billion won ($270 million) in a public property fund in 10 days after it was launch...

South Korea’s Mirae Asset Global Investments Co. Ltd. has purchased State Farm Insurance’s four-building office complex in Texas for 900 billion won (...

SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...