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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, ...

Brookfield Asset Management Inc. will name Jun Park, a top manager of Seoul-based private equity firm Hahn & Co., as the new head of its South K...

Samsung C&T Corp., the construction and trading arm of Samsung Group, has tentatively agreed with S-Oil Corp. to cooperate in securing overseas ...

South Korea’s leading rental car company Lotte Rental Co. has kicked off an initial public offering process to raise some 400 billion won ($36...

South Korea’s retail giant Shinsegae Group is strengthening its luxury hotel business with the grand opening of Josun Palace in the Gangnam ne...

D.CAMP, the largest non-profit foundation for startups in South Korea, plans to offer enhanced support for local startups' eyeing overseas expansion...

South Korean platform giant Naver Corp. is seeking growth opportunities abroad to avoid regulatory constraints that hinder its operations at home. T...

The value of lithium reserves at a salt lake in Argentina, which South Korean steelmaker POSCO acquired for $280 million in 2018, is estimated to ha...

Last month, South Korea-based Big Hit Entertainment Co. announced plans to team up with Universal Music Group to debut a K-pop boy band in the US. T...

South Korean investors in the Drew Las Vegas development project are at higher risk of losing their investment of 300 billion won ($271 million) in ...

Mirae Asset Global Investments Co. will be able to recover a $580 million deposit it paid to Anbang Insurance Group for a $5.8 billion deal to buy 1...

South Korea's foreign exchange reserves rose for a seventh straight month to a fresh record high in October due to gains in non-dollar assets and incr...

Sberbank of Russia, the country's No.1 bank, unveiled its cutting-edge automated teller machine (ATM) last month in a virtual event. The newly reveale...

Korean Air Lines Co. will provide $950 million in loans to its fully owned US hotel operator which has $900 million in debt maturing this month, the c...

Bond issuance by South Korean banks has risen to a record high as banks move to secure adequate capital to ride out any short-term liquidity disruptio...

Mirae Asset Global Investments Co. Ltd. notified Anbang Insurance Group on May 3 of its decision to cancel a $5.8 billion acquisition of 15 US luxury ...

Mire Asset Global Investments Co. Ltd. has no problem with financing a $5.8 billion acquisition of 15 luxury hotels from Anbang Insurance Group and is...

Mirae Asset Global Investments Co. Ltd. remains on track to close a $5.8 billion acquisition of 15 US luxury hotels from China’s Anbang Insuranc...

Hana Financial Investment Co. Ltd. and Hotel Lotte Co. Ltd. have acquired the hotel portion of a 44-story building in downtown Seattle for $175 millio...

Hana Financial Investment Co. Ltd. has underwritten a luxury hotel development in New York with a $145 million loan, saving the project from bankruptc...

Hana Alternative Assets Management Co. Ltd. has provided a senior loan of $30 million on InterContinental Houston – Medical Center, in a five-ye...

Shinhan Investment Corp. has provided a $100 million mezzanine loan on Brookfield’s resort hotel in Florida which recently secured $560 million ...

Mirae Asset Financial Group has entered into exclusive negotiations to acquire a portfolio of 15 US luxury hotels owned by Anbang Insurance Group, val...

Hong Kong-based investment firm PAG has been named a preferred buyer of Grand Hyatt Seoul and its nearby residential land which are valued at abou...

CVC Capital Partners is set to buy a controlling stake in South Korea’s No. 2 accommodation booking app operator and in separate talks with minority s...

Mirae Asset Daewoo Co. Ltd. and NH Investment & Securities Co. Ltd. have provided $182 million loans on a luxury hotel and condominium development...

The Korean Teachers’ Credit Union (KTCU) and Meritz Fire & Marine Insurance Co. Ltd. have invested $100 million in a mezzanine loan secured by 92 ...

Meritz Securities Co. Ltd. has extended a senior loan of $229 million on two new hotels in Nashville, which marked the third biggest construction loan...

Singapore’s Ascendas Hospitality Trust has acquired a hotel in downtown Seoul for 77.5 billion won ($69 million) from a South Korean real estate fund ...

Midas Asset Management, a small-sized South Korean fund manager, has invested $100 million in a mezzanine debt secured on 53 hotels across the United ...