Korean wave

South Korean institutional investors have become the world's first group of investors in a fund related to the Federal Reserve's new Term Asset-B...

Korean Air Lines Co. Ltd. has tentatively agreed to sell its in-flight duty free and meal service units to the country's second-largest private equity...

Baring Private Equity Asia is in the final stages of talks with a South Korean private equity firm to sell the country’s No. 4 parcel delivery c...

KKR & Co. has been named as preferred buyer of two South Korean companies providing industrial and medical waste treatment services in a deal wort...

Singapore’s Keppel Infrastructure and MBK Partners are among 15-odd preliminary bidders for South Korea’s largest wastewater treatment com...

Hyundai Investments Co. Ltd. has collected $580 million from South Korean institutional investors to invest in a fund that buys securities with borrow...

KKR & Co. is preparing to join the race for a South Korean industrial and medical waste treatment company valued at about 800 billion won ($645 mi...

The Government Employees Pension Service (GEPS) plans to abandon its principle of hedging currency exposure from investing in overseas alternatives, a...

Vickers Venture Partners, a Singapore-based venture capital firm, is tapping South Korean institutional investors in the second round of fundraising t...

Korean Air Lines Co. Ltd. unveiled its largest rights offering plan on May 13 to raise 1 trillion won ($817 million) for debt repayment, after it open...

Foreign investors continued to buy South Korean bonds such as treasuries and monetary stabilization bonds for a fourth consecutive month in April, wit...

A US hedge fund with a stake in Korea Airport Service Co. Ltd. (KAS), a majority owned by Korean Air Lines Co. Ltd., is calling on the carrier to sell...

ST Unitas, known for English test and civil service exam preparation classes in South Korea, will receive around 150 billion won ($123 million) in inv...

HDC Hyundai Development Co. has postponed its 2.5 trillion won ($2.1 billion) acquisition of Asiana Airlines Inc. with no clear timeline for the deal ...

Hanjin Group, parent of Korean Air Lines Co. Ltd., is considering selling three core businesses of the carrier -- in-flight meal service, mileage prog...

Canada Pension Plan Investment Board (CPP Investments), the Netherlands’ APG and China’s logistics property developer ESR have agreed to s...

Prudential Financial Inc. has decided to sell its South Korean insurance arm to KB Financial Group for about 2.3 trillion won ($1.9 billion) and will ...

Sequoia Capital, Hillhouse Capital and DST Global have invested a combined $150 million in South Korea’s online grocery delivery startup Kurly I...

Pension schemes and savings funds in South Korea are busy responding to a flood of capital calls simultaneously from foreign investment firms which ar...

About 48 trillion won ($39 billion) of outstanding equity-linked securities (ELS) issued by South Korean brokerage companies has put their sector lead...

Pension funds, insurance companies and asset managers in South Korea have indefinitely halted new investments in North America’s midstream asset...

Anchor Equity Partners has invested 209.8 billion won ($170 million) in South Korea’s content and entertainment company Kakao M Corp., just afte...

eBay Inc. has decided to sell 100% of its South Korean operations which it valued at about 5 trillion won ($4 billion), the latest in a series of reor...

Biotech startup Bionetix easily surpassed what's known as the "10 billion won hurdle" by raising an additional 10 billion won in funding on Dec. 23. I...

South Korea’s $25 million biotechnology-themed fund, launched by Meritz Securities Co. Ltd., has earned triple-digit returns on its 2.7 billion ...

Taiwan’s Fubon Financial Holdings, KB Financial Group and three Seoul-based private equity firms have submitted letters of intent to acquire 100...

About halfway through their three-year terms, chief executives of National Pension Service (NPS), Korean Teachers’ Credit Union (KTUC) and Publi...

Private equity firm TPG has acquired a small-sized South Korean dietary supplement manufacturer for around $250 million, in its first Korean buyout de...

Macquarie’s investment unit may attract Singapore’s sovereign wealth fund GIC and other limited partners of its Asia infrastructure fund a...

Goldman Sachs, Singapore’s GIC and Sequoia Capital are among the financial investors set to secure handsome returns from a combined 506 billion ...