wealth report survey

South Korea's total population in 2021 is set to decline for the first time since the country began collecting census data, hit by a sharp fall in b...

The chief investment officers of 10 South Korean major limited partners (LPs), including pension funds, mutual aid associations and life insurance c...

The head of real estate investment at Korea Investment Corporation (KIC) has resigned from the South Korean sovereign wealth fund. Cha Hoon, appoint...

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

Netflix Inc. added 4.4 million memberships in the third quarter, more than the company had forecast, as viewers flocked to the streaming platform wi...

SK On, the recently-launched battery company of South Korea's SK Group, is considering manufacturing lithium iron phosphate (LFP) batteries to suppl...

SM Entertainment Co., a South Korean music powerhouse, will absorb a music production company wholly owned by its founder and chief producer Lee Soo...

The sale of Citibank Korea’s consumer banking business has hit a stumbling block as the South Korean unit of Citigroup Inc. postponed its boar...

The number of the trillion won club of South Korean manufacturing sector is set to nearly triple this year even as a resurgence in the COVID-19 is...

Singapore's sovereign wealth fund GIC Private Ltd. is set to sign an agreement next week to buy a 30% stake in Starbucks Korea from the coffeehouse ...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), a leading South Korean shipbuilder, on Wednesday posted a dismal quarterly operating loss ...

Hyundai Motor Co. will focus on ramping up global sales of high-profit vehicles such as its SUVs and Genesis models, according to its annual sustain...

South Korea’s LG Electronics Inc. expects to post significant revenue growth in its home appliance business in the second quarter, driven by p...

Hyundai Motor Group’s auto units posted all-time high sales in the first half of 2021 in the US market. According to the industry on July 2, H...

With South Korea’s stock markets maintaining bullish momentum this year, debate about setting up an alternative trading system (ATS) in the co...

In South Korea, just like any other major economies, the stock market has been a mine of gold even for small investors, who enjoyed hefty gains from...

Samsung Electronics Co. has recorded the highest first-quarter revenue figures in the company’s history, thanks to strong performances in its ...

Kim Bong-jin, founder of South Korea’s top food delivery app Baedal Minjok, or Baemin in short, has committed to donating more than half of hi...

South Korea's No. 1 fried chicken brand Kyochon F&B reported all-time high earnings last year, with its franchise restaurant outlets pulling in ...

To leave the world a little bit better – a line from the American poet Ralph Waldo Emerson’s poem What is Success and the status message...

Samsung Electronics Co. was reported to be considering investing over $10 billion to build a new chip plant in the US. But the world’s top mem...

Vietnam’s largest conglomerate Vingroup is interested in acquiring part of LG Electronics Inc.’s smartphone operation to bolster its hig...

In a move to bolster its climate change efforts, Korea Investment Corporation has joined a group of international sovereign wealth funds in their aim ...

Hyundai Motor Co. turned to an operating loss in the third quarter, after it booked 2.1 trillion won ($1.9 billion) as one-off charges related to its ...

Brookfield Asset Management Inc. will collect around 700 billion won ($610 million) from South Korean institutional investors for its second infrastru...

A consortium of South Korea's Hana Alternative Asset Management Co. and other units of Hana Financial Group has signed a preliminary agreement to buy ...

The Korean Teachers’ Credit Union (KTCU) will invest $50 million in a $700 million value-add residential project under which a group of investor...

KB Securities Co. has reportedly acquired Amazon’s logistics center in Edinburgh, Scotland, for 102.5 billion won ($86.5 million), which the onl...

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...

Tiger Alternative Investors Co. Ltd. is in the final stages of negotiations to acquire a new distribution center in Texas for $247 million, now leased...