S.Korea to overhaul retirement pension system, introduce competition for higher returns

South Korea is planning a sweeping overhaul of its corporate retirement pension system by introducing a competitive, fund-based model that would pit...
South Korea is planning a sweeping overhaul of its corporate retirement pension system by introducing a competitive, fund-based model that would pit...
Seoul-based private equity firm Hahn & Co. will award employees of Namyang Dairy Products Co., a South Korean dairy product producer, 1.6 billio...
South Korea’s top financial regulators and its stock exchange operator will launch a joint task force to strengthen oversight of unlawful fina...
HD Hyundai Co., the world’s largest shipbuilding group based in South Korea, has signed a memorandum of understanding with India’s large...
South Korea's ruling Democratic Party’s proposal to strengthen protections for minority investors and enhance board independence has secured t...
DB Insurance Co., a leading South Korean non-life insurance company, is in advanced talks to acquire US-based insurer Fortegra in a deal that could ...
Hanwha Life Insurance Co. has become the first South Korean insurance firm to advance into the overseas banking sector by securing a controlling sta...
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is posting sh...
A wave of speculative fervor surrounding won-based stablecoins is sweeping South Korea’s equity markets, with nearly half of the top 30 perfor...
LS Electric Co., a South Korean industrial system supplier, is poised to deliver a large volume of power control equipment, including switchgears an...
Fubon Bank, Taiwan’s largest bank, is poised to open its first office in Seoul in July, expanding its footprint in South Korea beyond insuranc...
Shares in KakaoBank Corp. soared as much as 17% to hit their highest level in nearly three years on Friday after the South Korean internet-only bank...
Mirae Asset Financial Group, one of the largest asset managers in South Korea, has launched its first exchange-traded fund (ETF) investing in high-q...
Miri Capital Management LLC has steadily raised its stake in STIC Investments Inc., narrowing the ownership gap with the firm’s founder and Ch...
JLL and Savills have been tapped to lead the sale of Seoul Square, a landmark office tower, valued at around 1.4 trillion won ($1 billion), adding t...
South Korean President Lee Jae-myung said on Wednesday that the government is preparing tax and regulatory reforms to spur dividend payouts as part ...
South Korea’s ruling party is reviving its push for an amendment to the Commercial Act with tougher mandates aimed at protecting minority shar...
South Korea has secured its most significant nuclear export deal in over a decade, as a consortium led by Korea Hydro & Nuclear Power (KHNP) cli...
South Korean President Lee Jae-myung on Wednesday unveiled his nominees for major government posts, including prime minister and spy agency chief, i...
Non-government organization World Vision Korea has sold its Ethereum holdings, becoming the first Korean legal entity to trade crypto after the Sout...
Hanwha Ocean Co. is ramping up efforts to win Poland's highly competitive next-generation submarine project, worth around 3 trillion won ($2.2 billi...
Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency sai...
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...
Celltrion Inc., South Korea’s largest biosimilar developer, will issue bonus shares to bolster its stock performance, which has been in the do...
LG CNS Co., the information technology services arm of South Korea’s LG Group, has unveiled a lightweight Korean-specific large language model...
South Korea’s beauty industry has been reaping decent gains from traditionally strong markets such as China and the US – the world&rsquo...
South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the country’s top four fina...
South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as ...
Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter,...
The Korea Investment Corporation (KIC) on Tuesday discussed infrastructure investment opportunities and risks in the wake of the US government&rsquo...