Central Asian

The Bank of Korea (BOK) will launch real-life, offline tests for a central bank digital currency (CBDC) project on Samsung Electronics Co.'s Galaxy ...

South Korea’s central bank is almost certain to raise interest rates on Friday to curb inflation and household debt as the US Federal Reserve ...

South Korea's real estate prices have risen at a rapid pace over the past two years, but that would not indicate an increased risk of loan defaults ...

IGIS Asset Management Co., South Korea’s largest real estate asset manager, was ranked as the world’s second-largest asset management ...

North Asia-focused MBK Partners has made lucrative exits from three investments in South Korea, China and Japan this year. They rank among the nine ...

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...

Two decades after the onset of the 1997-98 Asian financial crisis, the state-run Korea Deposit Insurance Corporation (KDIC) is finally set to privat...

South Korea’s MBK Partners, one of the largest private equity firms in Asia, said it has raised $1.8 billion for its second special situations...

South Korea's top three retail groups -- Lotte, Shinsegae and GS -- are struggling with increased losses in the Southeast Asian market, once believe...

Korea Investment Corp. (KIC) focused on strengthening venture capital (VC) strategies and expanding co-investments with general partners (GPs) this ...

The Korea Economic Daily is hosting Asia's biggest alternative investment forum in Seoul on Oct. 27, where chief executives of the National Pension ...

Hyundai Motor Group chairman Chung Euisun has declared that the world’s fifth-largest carmaker will target the electric vehicle market in Sout...

Joseph Bae, co-president of KKR & Co., was named as its co-chief executive officer this week, becoming the second Korean descendent CEO to lead ...

The Bank of Korea (BOK) is planning to exclude the bonds and equities issued by high carbon emitters from its foreign reserves portfolio in stages, ...

The US private credit markets-focused Monroe Capital LLC has made its foray into Asia by opening an office in South Korea, where the National Pensio...

Affinity Equity Partners is putting Burger King's operations in South Korea and Japan up for sale, after the US hamburger franchise overtook its big...

South Korea-based Naver Financial, the fintech arm of online giant Naver Corp., has invested $20 million in a Series B funding round for the US-base...

Samsung Group will be working together with Kakao Corp. on the digital currency simulation project led by South Korea’s central bank. Accordin...

Kakao Corp.’s blockchain arm Ground X was selected as a simulator for the Bank of Korea-led central bank digital currency (CBDC) project, beat...

The recent asset price rises in South Korea, in particular in the equities and real estate markets, have been too rapid, even considering an expecte...

German biopharmaceutical company CureVac N.V. may choose South Korea as one of its global production bases for the COVID-19 vaccine following Korean...

Naver Corp.’s Japan-based messaging app affiliate Line Corp. is rapidly expanding its digital banking business in Asian countries outside Kore...

Luxury brands are hiking up prices in South Korea. Designers such as Hermes, Louis Vuitton and Chanel have increased their prices in Korea this year...

South Korea’s platform giant Naver Corp. is taking the leap into the digital currency platform market with its plans to participate in the Ban...

In the US and European film markets, where movies directed by Westerners or non-Asian filmmakers have long dominated the industry, Asians are finall...

Amorepacific Corp., the South Korean beauty giant, has signed a partnership agreement with Shopee, a Singaporean e-commerce platform, to expand it...

Hana Financial Investment Co. has acquired a small South Korean industrial waste treatment company in a consortium with two private equity firms, in...

Samsung Electronics Co.’s global brand has risen to the highest ranking among Asian companies, as the South Korean tech giant overtook Coca-Cola...

South Korea’s SK Corp. has sold part of its stake in ESR Cayman Ltd., an Asian logistics real estate developer, for 480 billion won ($408 millio...

The National Pension Service (NPS) is to launch a $2.3 billion property fund with Germany’s Allianz SE to invest in core real estate in Asia, wi...