Korean Peninsula

GANGNEUNG, Gangwon Province -- Gangneung, on the coast east of Seoul, is famously known as a coffee destination — but there's actually another d...

The National Pension Service has signaled a possible exercise of shareholder rights against South Korea’s No. 3 instant noodle maker Samyang Foo...

Secondary private equity deals were picked as the preferred global PE investment of South Korea’s top asset owners, followed by co-investments a...

Corporate earnings generally come in line with estimates from market analysts, who closely monitor industry conditions. But this year, one sector anal...

More than half of South Korea’s key asset owners, led by the National Pension Service, are inclined to expand overseas private debt investment i...

Hong Kong-based Anchor Equity Partners has agreed to invest 250 billion won ($226 million) to buy new shares in South Korea’s KakaoBank, shortly...

South Korea’s stock markets are expected to continue their uptrend into next year, fueled by aggressive foreign buying on the back of strong cor...

Korean Air Lines Co. will spend 1.8 trillion won ($1.6 billion) to own a majority stake in beleaguered local rival Asiana Airlines Inc., in a deal t...

SK Telecom Co. and online retail giant Amazon.com have agreed to team up in South Korea’s e-commerce market, in a deal that could lead to cross-...

The owner of Korean Air Lines Co.’s reported bid to acquire local rival Asiana Airlines Inc. faces several hurdles, including painful job cuts, ...

South Korea’s two largest airliners, Korean Air Lines Co. and Asiana Airlines Inc., may combine their airplane repair and maintenance businesses...

Hanjin Group, which owns South Korea’s flag-carrier Korean Air Lines Co., is seeking to buy local rival Asiana Airlines Inc., signaling a mega d...

Growing shipping volumes and surging sea freight rates are wreaking havoc on South Korea's shipping companies, reeling from a dire shortage of contain...

Gaudio Lab Inc., backed by SoftBank Ventures, is throwing down the gauntlet to Dolby Laboratories for the three-dimensional (3D) audio market, for whi...

South Korea's benchmark Kospi reached a two-year high closing at 2485.87 points on Nov. 11, posting an eight-session winning streak driven by imminent...

South Korea’s Ministry of Education has chosen Kim Sang-gon, formerly deputy prime minister and education minister, as the new chief executive f...

South Korea’s shipbuilding industry is slowly emerging from its rocky cycle of ups and down in recent years, thanks to a recovery in the global ...

South Korean investors ramped up overseas stock purchases amid looming uncertainty surrounding the US Presidential Election during the first week of N...

Iljin Materials Co., a South Korean battery materials maker, is planning to list its Malaysia-based subsidiary IMM Technology on South Korea’s b...

South Korea’s major companies are facing a triple whammy of challenges — a stronger Korean currency, soaring seaborne and air freight rate...

Megabox JoongAng Co., the third-largest cinema chain in South Korea, will forego plans to go public owing to the global coronavirus crisis that has de...

South Korea’s flag carrier Korean Air Lines Co. has posted an operating profit for two straight quarters thanks to robust cargo operations keepi...

Anyone connected with South Korea's film exhibition industry has good reason to be feeling depressed these days. Box office returns in September were ...

The prolonged coronavirus era is pushing South Korean asset owners, including the Teachers’ Pension and insurance firms, to tighten contracts fo...

Kyochon F&B, South Korea’s No. 1 fried chicken franchise operator, wrapped up a successful bookbuilding for institutional investors with bid...

South Korean pension funds are seeking to diversify their pool of alternative asset managers to broaden real estate- and developed markets-focused por...

Hyprsense, a facial motion capture software developer, has been acquired by Epic Games, the creator of international blockbuster game Fortnite, accord...

South Korea’s institutional investors, including pension funds, mutual aid associations and insurers, plan to increase the private debt portion ...

South Korea’s Police Mutual Aid Association (PMAA) has recently selected an opportunistic strategy fund for private debt investment as the $3 bi...

South Korea’s economy returned to growth in the third quarter on strong exports, marking the first quarterly expansion since the outbreak of the...