South Korea’s Lee completes cabinet lineup with IT executive, lawmaker
South Korean President Lee Jae Myung has tapped an information technology firm executive as culture minister and a ruling party lawmaker as land min...
NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1
NH Investment & Securities Co. retained its lead in South Korea’s equity capital market (ECM) in the first half, riding a surge in large-s...
BOK chief warns against aggressive policy rate cuts, sees need for stimulus
Bank of Korea Governor Rhee Chang-yong on Thursday signaled a cautious approach to monetary easing, warning that excessive interest rate cuts could ...
Liberal Lee Jae-myung wins election as South Korean president
South Korea’s liberal politician Lee Jae-myung has been elected the country's next president. Lee has pledged to revive Asia’s fourth-la...
NPS to lift stock holdings to 55% by 2030, raising risk appetite
The National Pension Service (NPS) plans to raise its equity allocation to about 55% of its assets by 2030 from 40.4% as of the end of February, Sou...
Bill Clinton in Seoul to meet with MBK's ByungJu Kim, business leaders
Michael ByungJu Kim, co-founder, partner and chairman of Seoul-based private equity firm MBK Partners Ltd., is set to meet with former US President ...
Hanwha acquires Ourhome for $622 million in push to revive food business
South Korea’s Hanwha Group has completed the acquisition of the country’s No. 2 food service and catering company Ourhome Ltd. for 869.5...
Korea eyes laws akin to US AMPC to offer subsidies for its battery makers
South Korea, home to global top battery makers such as LG Energy Solution Ltd., SK On Co. and Samsung SDI Co., is seeking to enact laws that would l...
Kakao founder Kim to resign as control tower chair
Kakao Corp. founder Kim Beom-soo, also known as Brian Kim, will step down as chairman of the South Korean tech giant’s top decision-making bod...
Naver to name new CFO as incumbent financial manager's term nears end
South Korea’s tech giant Naver Corp. is expected to soon announce a new chief financial officer as its current CFO Kim Nam-sun, credited for t...
Korean Air changes badge before full integration with Asiana Airlines
Korean Air Lines Co., South Korea’s largest full-service carrier, has undergone a major makeover of its corporate identity (CI) for the first ...
Netmarble to launch new game 'RF Online Next'
Netmarble Corp., South Korea’s leading game developer, is slated to roll out “RF Online Next” on March 20, a revamp of the old tit...
Samsung’s system chip, foundry business under close scrutiny for overhaul
Samsung Electronics Co., the world’s largest memory chipmaker, has put its system chip and foundry businesses under tight scrutiny for a possi...
MBK commits to restoring Homeplus operations: MBK Vice Chairman Kim
MBK Partners, facing increasing scrutiny over its highly leveraged acquisition of Homeplus Co., has pledged to go all-out to restore the struggling ...
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...
Bain Capital acquires control of Mohegan's Korean resort
Private equity firm Bain Capital has acquired control of Mohegan Inspire Entertainment Resort on Yeongjong Island, the largest integrated resort in ...
Shin & Kim’s Jeong Hae Sung named Korea’s most influential M&A lawyer
Jeong Hae Sung, a partner at Shin & Kim, topped the list of South Korea’s 10 most influential M&A lawyers after advising on a total of...
Former FSC chief Shin Je-yoon likely to be tapped as Samsung board chair
Shin Je-yoon, former chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), will likely assume the role o...
Korean law firms' 2024 revenue soars on M&As, management disputes
South Korea’s major law firms saw rapid growth in revenue last year as the economic slowdown sparked business overhauls at top conglomerates, ...
MBK’s ByungJu Kim, UBS’ Kyungin Lee: Most influential in capital market
Michael ByungJu Kim, co-founder, partner and chairman of Northeast Asia-focused private equity firm MBK Partners Ltd., and Kyungin David Lee, UBS Gl...
MBK Partners’ vice chair vows to hike Korea Zinc’s value to $20.6 billion
The battle over Korea Zinc Inc.'s management control between Korea Zinc Chairman Choi Yun-birm and the Young Poong Corp.-MBK Partners alliance has b...
Seoul probes fake online accounts of Hyundai Motor advisor Sung Kim
The Seoul Metropolitan Police Agency has launched an investigation into social media accounts pretending to be Hyundai Motor Group advisor Sung Kim,...
Kim Jong Un’s Message to Trump: We’re Not Interested
SEOUL—North Korean leader Kim Jong Un appeared to rebuff the prospect of reviving his nuclear diplomacy with President-elect Do...
Samsung to replace chiefs of 3 key posts: Memory, foundry, system LSI
Samsung Electronics Co. plans to replace the three key posts of its semiconductor business — memory, foundry and system LSI — as the Sou...
North Korea Sent a Mystery Man to Lead Its Troops Fighting Ukraine
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Korean steel giant POSCO to sell Chinese JV PZSS amid US-China trade war
South Korean steel giant POSCO Holdings Inc. is seeking to sell its entire stake in a Chinese stainless steel joint venture as it faces growing comp...
First Korean American US Senator vows to cement Seoul-Washington ties
NEW YORK – Democratic US Representative Andy Kim, the first Korean American elected to the US Senate, has pledged to strengthen the relationsh...
Korean chipmakers, battery makers face new risks with Trump’s comeback
With Donald Trump reelected as the next US president, South Korea’s major chipmakers, automakers and battery makers are on high alert as durin...
Activist Palliser Pushes for Change at AI Chip Investor SK Square
Activist investor Palliser Capital has built a stake in the holding company of highflying artificial-intelligence chip maker SK Hynix Inc. and is pu...
Samjong KPMG reappoints CEO Kim Kyo Tae for 4th term
Kim Kyo Tae on Friday was reappointed to a fourth term as chief executive of Samjong KPMG, announced the South Korean unit of the global audit and a...
