Korean commercial act revision to drive reevaluation of equities: J.P. Morgan

Korean commercial act revision to drive reevaluation of equities: J.P. Morgan

J.P. Morgan, a leading US investment bank, has thrown its weight behind South Korea’s landmark commercial act revision, saying that the new go...

IGIS Asset resumes sale of KIC-backed Shilla Stay Seodaemun

IGIS Asset resumes sale of KIC-backed Shilla Stay Seodaemun

Shilla Stay Seodaemun has been put on the market again amid signs of a recovery in South Korea’s hospitality industry, after earlier attempts ...

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

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...

S&P reaffirms South Korea’s AA credit rating with stable outlook

S&P reaffirms South Korea’s AA credit rating with stable outlook

S&P Global Ratings has reaffirmed South Korea’s sovereign credit rating at AA with a stable outlook, citing the country’s resilient ...

CPPIB invests in Seoul office building for rental housing conversion

CPPIB invests in Seoul office building for rental housing conversion

The Canada Pension Plan Investment Board (CPPIB) and South Korean property developer MGRV have jointly acquired the headquarters of a domestic women...

J-R AMC, BlueCove bid on $70 million sale of Mirae Asset, NPS’ Shilla Stay

J-R AMC, BlueCove bid on $70 million sale of Mirae Asset, NPS’ Shilla Stay

The sale of Shilla Stay Dongtan, a premium business hotel operated by South Korea’s Hotel Shilla Co., has attracted four bidders, underscoring...

MBK Partners, 2 Chinese firms vie for CJ Cheiljedang’s $4 bn bio business

MBK Partners, 2 Chinese firms vie for CJ Cheiljedang’s $4 bn bio business

North Asia-focused private equity firm MBK Partners and two leading Chinese biotechnology firms are vying for management control of CJ Cheiljedang C...

Political crisis ups downside risk to S.Korea’s economy: S&P, Moody’s

Political crisis ups downside risk to S.Korea’s economy: S&P, Moody’s

Global credit rating agencies are warning of looming downward pressure on South Korea’s sovereign credit rating about a month after Asia&rsquo...

Samsung Biologics signs initial deal with LigaChem Bio on ADC production

Samsung Biologics signs initial deal with LigaChem Bio on ADC production

Samsung Biologics Co., the world’s largest contract drugmaker, said on Thursday it has signed an initial agreement with LigaChem Biosciences I...

South Korea’s sovereign credit rating stable: S&P, Moody's, Fitch

South Korea’s sovereign credit rating stable: S&P, Moody's, Fitch

South Korea’s sovereign ratings remain stable despite the political turmoil caused by the short-lived martial law declaration of President Yoo...

S&P downplays martial law impact on S.Korean economy

S&P downplays martial law impact on S.Korean economy

Global credit rating agency Standard & Poor's (S&P) said on Thursday "the introduction and swift revocation of martial law in South Korea ...

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

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...

Hyundai Motor, Kia win US ALG Residual Value Awards

Hyundai Motor, Kia win US ALG Residual Value Awards

Hyundai Motor Co. and Kia Corp. said on Wednesday that Hyundai's electric compact sport utility vehicle (SUV) Kona EV and Kia's mid-size SUV Telluri...

HYBE Q3 profit down; foresees better 2025 after BTS’ military discharges

HYBE Q3 profit down; foresees better 2025 after BTS’ military discharges

HYBE Co., the K-pop behemoth behind BTS, suffered a double-digit profit fall in the third quarter amid an ongoing feud with Min Hee-jin, the creativ...

S&P upgrades SK Innovation credit rating to BBB-

S&P upgrades SK Innovation credit rating to BBB-

Global credit rating agency Standard & Poor's (S&P) announced on Friday that it upgraded SK Innovation Co.'s long-term credit rating from a ...

POSCO E&C gets ISMS-P Info Security certification

POSCO E&C gets ISMS-P Info Security certification

South Korea's POSCO E&C said on Thursday that it obtained the "Information Security Management System & Personal Information Protection Mana...

Analysts rebut Morgan Stanley’s chip winter view; oversupply unlikely

Analysts rebut Morgan Stanley’s chip winter view; oversupply unlikely

Morgan Stanley’s recent view that the global chip industry faces an imminent winter and companies like SK Hynix Inc. will suffer is exaggerate...

SK Hynix shares nosedive after Morgan Stanley downgrade

SK Hynix shares nosedive after Morgan Stanley downgrade

The share price of SK Hynix Inc. plummeted as much as 11% at one point on Thursday after Morgan Stanley sharply cut its target price in an about-tur...

SK Earthon wins 2nd oil field exploration bid in Malaysia

SK Earthon wins 2nd oil field exploration bid in Malaysia

SK Earthon Co., the energy resources exploration and production (E&P) unit of South Korean energy giant SK Innovation Co., is accelerating its g...

POSCO Int'l wins first credit rating from S&P, Moody's

POSCO Int'l wins first credit rating from S&P, Moody's

South Korea's POSCO International Corp. said on Thursday that it received its first-ever credit ratings from Standard & Poor's (S&P) and Moo...

POSCO to sell entire stake in P&O Chemical to OCI

POSCO to sell entire stake in P&O Chemical to OCI

POSCO Future M Co., a battery materials affiliate of South Korean steel giant POSCO Holdings Inc., will sell its entire stake in P&O Chemical Co...

Genesis tops TXI for fourth consecutive year in US

Genesis tops TXI for fourth consecutive year in US

Hyundai Motor Co.'s premium brand Genesis and Hyundai Motors ranked first in the J.D. Power 2024 US Tech Experience Index (TXI) Study.The American...

Hyundai Motor, Kia gets A- credit rating from S&P Global

Hyundai Motor,  Kia gets A- credit rating from S&P Global

Hyundai Motor Co. and Kia Corp. said on Thursday that S&P Global upgraded their credit ratings from BBB+ to A-, with a Stable outlook for both c...

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

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...

BofA eyes its 1st Korean IPO management with K Bank deal

BofA eyes its 1st Korean IPO management with K Bank deal

Bank of America Corp. (BofA) is quickly expanding its presence in the South Korean initial public offering market, where J.P. Morgan and Citigroup G...

S.Korea's Vegan J. enters Amazon USA

S.Korea's Vegan J. enters Amazon USA

South Korean eco-friendly cosmetic brand Vegan J. announced on Friday that it sells its products on Amazon, the largest e-commerce platform in the U...

LIG Nex1 earns top Morgan Stanley ESG rating of AA for 2nd consecutive year

LIG Nex1 earns top Morgan Stanley ESG rating of AA for 2nd consecutive year

LIG Nex1 Co., a leading defense system developer in South Korea, announced on Thursday that it has received an AA rating in the 2024 environmental, ...

Kospi 200 firms' values sharply below MSCI developed market rivals

Kospi 200 firms' values sharply below MSCI developed market rivals

South Korea’s listed firms are undervalued compared with companies in public markets of developed and emerging countries, according to the Kor...

Foreign banks expand Korean operations amid China’s slowdown

Foreign banks expand Korean operations amid China’s slowdown

Major foreign banks have actively increased staff at their operations in South Korea to offset growing uncertainty in their business in China, grapp...

Lotte Insurance's value rises with long-term care expansion

Lotte Insurance's value rises with long-term care expansion

When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...

Maru SF to open in Silicon Valley in November as Korean startup gateway Hanwha-owned burger chain Five Guys Korea up for sale two years after launch HYBE Chair Bang referred to prosecutors over alleged unfair trading Vietnam’s top leader to make 1st South Korea visit in 11 years Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity