S.Korea’s extra budget approved; IBs lift economic forecast

South Korea’s National Assembly, controlled by the ruling Democratic Party, on Friday passed the country’s new extra budget worth 31.8 t...

Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge

Chung Yong-jin, chairman of South Korea’s retail giant Shinsegae Inc., is likely to head the Asian operations of the Rockbridge Network, a gro...

Ex-TSMC executive joins Samsung Foundry to lead US expansion

Samsung Electronics Co. has brought a former Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) executive on board to lead its North American fo...

Shinhan expands global IR push to woo foreign investors

Shinhan Financial Group Co. is stepping up efforts to attract foreign investors with back-to-back global investor relations (IR) campaigns, as South...

Morgan Stanley stalwart Cho bows out after over 10 years at the helm   

The investment banking head of Morgan Stanley’s Seoul office is stepping down after overseeing a series of landmark deals over more than a dec...

Ex-US Congressman Drew Ferguson to head Hyundai's Washington office

Hyundai Motor Group has appointed former Republican Congressman Drew Ferguson as head of its Washington office, a strategic move designed to bolster...

HD Hyundai, Palantir chiefs discuss AI shipyard, defense technology

Chung Kisun, executive vice chairman of the world’s largest shipbuilder HD Hyundai Co., has met with Alex Karp, CEO of Palantir Technologies I...

Hyundai Motor taps ex-CPPIB private equity head Suyi Kim for board role

Hyundai Motor Co. has tapped Suyi Kim, former private equity head of the Canada Pension Plan Investment Board (CPPIB) and Benjamin Tan, an ex-portfo...

South Korean IPO market headed into winter after pitiful LG CNS debut

Companies in South Korea are expected to refrain from seeking initial public offerings for a while after the country’s much-anticipated new bl...

Blackstone zooms in on hotels, warehouses in Korea

The global real estate market is poised for a recovery, led by industrial warehouses, residential facilities and data centers benefiting from declin...

S.Korean securities firms race for IB market leadership

South Korean securities firms have upped the ante in a race to win the country’s investment banking (IB) market this year after aggressive bus...

Korean firms halt bond, share issues despite tighter liquidity

South Korean companies are postponing bond issues and initial public offerings on chilled investor sentiment in the aftermath of President Yoon Suk ...

BlackRock names Lee Yoon Pyo as head of S.Korea business

BlackRock, the world's best-known asset manager, has appointed Lee Yoon Pyo as managing director and head of its South Korea operations, effective f...

KIC bets on AI-driven value creation: CEO

Sovereign wealth fund Korea Investment Corporation (KIC) will aggressively explore early investment opportunities in sectors undergoing AI-driven in...

NPS bullish on real estate in low interest era: chairman

South Korea’s National Pension Service (NPS) will raise exposure to residential housing and data centers to take advantage of lower interest r...

Samsung chip head vows drastic revamp after flagging weak Q3 earnings

Jun Young-hyun, vice chairman and head of Samsung Electronics Co.'s semiconductor business, on Tuesday vowed to take drastic steps to improve profit...

CJ Olive Young, Musinsa rivalry heats up in Brooklyn of Seoul

South Korea’s top beauty chain CJ Olive Young Corp. is turning up the heat against Musinsa to contain the rise of the country’s No. 1 on...

CPPIB global private equity head Suyi Kim to leave

Suyi Kim, global private equity head at Canada Pension Plan Investments Board (CPPIB), is set to leave the world’s seventh-largest pension fun...

NCSOFT taps ex-Pearl Abyss US head to lead N.America unit

NCSOFT Corp., South Korea’s major gaming company, said on Monday it has appointed Jin Jeonghee, former head of the US operations of local riva...

Samsung’s new chip leader calls for restoring competitiveness  

It is urgent to restore Samsung Electronics Co.'s competitiveness in the semiconductor business, the chip division’s new head said in his firs...

Goldman Sachs taps ex-Morgan Stanley MD as Korea co-head

Goldman Sachs Group Inc. said on Monday that it has appointed Ahn Jae-hoon, former managing director at Morgan Stanley & Co. LLC as country co-h...

Samsung Securities’ IB head to quit amid talent outflow

Lee Jae-hyun, who has led one of Samsung Securities Co.'s investment banking divisions for two years, has recently expressed his intention to quit, ...

GIC taps its real estate expert Jasmine Loo as new Korea head

Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund with around $770 billion in assets under management, has t...

Korea’s edtech startups defend against global giants with AI

South Korea’s major online adult education platforms improved their earnings powered by classes on artificial intelligence, defying concerns o...

Woori Financial, Natixis to manage global private equity fund

South Korea's Woori Bank and Woori PE Asset Management announced on Thursday that they have signed a "strategic business agreement for creating a ...

Shinsegae hires Alibaba Korea head to lead online mall Gmarket

Shinsegae Group, South Korea’s retail giant, on Wednesday launched sweeping top-level management overhauls for Gmarket Inc. and SSG.COM. to ti...

PwC's Korean member taps new chiefs, creates finance unit

Samil PricewaterhouseCoopers (PwC), a South Korean member firm of PwC International Ltd., has appointed new chiefs of its key units and created a fi...

S.Korea’s Woori to team up with US Nuveen to enhance IB part

Woori Bank and Woori Asset Management, subsidiaries of South Korea's Woori Financial Group, announced on Sunday that they signed a memorandum of u...

Deloitte Korea taps new CFO, consulting head in reshuffle

Deloitte Korea, which operates accounting firm Deloitte Anjin LLC and consulting service provider Deloitte Consulting LLC, announced a reshuffle wit...

Samsung’s new chip head instills a sense of crisis, hope

Samsung Electronics Co.'s new semiconductor chief Jun Young-hyun knows better than anyone about the difficulties the South Korean tech giant fa...