GIC drops Seoul landmark building sale on Korea’s political woes

Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, dropped the sale of a landmark building in Seoul due to t...

Deutsche Bank's Korea IB head quits after country head resigns

Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...

Softbank to join SK Telecom-led global AI joint venture

BARCELONA -- Japan’s SoftBank Group Corp. tied up with major global telcos such as South Korea’s top mobile carrier SK Telecom Co. and E...

SK Telecom, Deutsche Telekom to design LLM

SK Telecom Co. on Sunday said it will develop a large language model (LLM) specifically for the communications sector with Deutsche Telekom of Germa...

SK Telecom to launch metaverse platform in Europe

South Korea’s top mobile carrier SK Telecom Co. and its spin-off investment firm SK Square Co. joined hands with Europe’s largest teleco...

Deutsche Bank resells $60 mn Transtelco debt to Korean credit cooperative

Deutsche Bank has resold $60 million in senior secured debt of Transtelco Inc., a fiber optic services provider in the US and Mexico, to MG Korean Fed...