Korea Investment & Securities, UBP seek private banking partnership

Korea Investment & Securities, UBP seek private banking partnership

Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., said on Thursday it has discussed a strategic partnership with...

LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries

LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries

Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell ...

IMM Credit closes $700 mn blind credit fund backed by NPS

IMM Credit closes $700 mn blind credit fund backed by NPS

IMM Credit & Solutions Inc. (ICS), the private credit unit of South Korea’s major investment firm IMM Holdings Inc., has raised nearly 1 t...

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

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...

Korean waste management firm Koentec put on market for $730 mn

Korean waste management firm Koentec put on market for $730 mn

Korea Environment Technology Co. (Koentec) is up for sale in a deal that could fetch up to 1 trillion won ($730.4 million) with global private equit...

LG Group executives to meet with Honda CEO to explore partnership

LG Group executives to meet with Honda CEO to explore partnership

LG Group is accelerating its efforts to build a partnership with Honda Motor Co. as South Korea's fourth-largest conglomerate beefs up its automotiv...

BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders

BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders

BTS member Suga and former Major League Baseball (MLB) pitcher Chan Ho Park are putting their money on the Athletics, formerly the Oakland Athletics...

Samsung Asset leads H1 AUM rankings amid ETF boom

Samsung Asset leads H1 AUM rankings amid ETF boom

South Korea’s asset management industry posted stellar growth in the first half of 2025, buoyed by a 28% surge in the country’s benchmar...

S.Korea corporate law reform gains bipartisan support

S.Korea corporate law reform gains bipartisan support

South Korea's ruling Democratic Party’s proposal to strengthen protections for minority investors and enhance board independence has secured t...

NPS, Scape acquire Aussie senior living operator Aveo from Brookfield

NPS, Scape acquire Aussie senior living operator Aveo from Brookfield

South Korea’s state-run pension fund, the National Pension Service (NPS), has partnered with Australia’s student housing specialist Scap...

HYBE to bring K-pop idol playbook to India, tapping local talent

HYBE to bring K-pop idol playbook to India, tapping local talent

India, a country of 1.4 billion people, will be HYBE Co.'s next stop to test its K-pop model by discovering and nurturing local talent under its Cha...

Goldman Sachs acquires Mercure Ambassador: 1st stint with Korean hotels

Goldman Sachs acquires Mercure Ambassador: 1st stint with Korean hotels

Goldman Sachs, in partnership with JB Asset Management Co., has acquired Mercure Ambassador Seoul Hongdae, a prominent mixed-use commercial property...

S.Korea’s pension fund NPS posts weaker returns amid US tariff concerns

S.Korea’s pension fund NPS posts weaker returns amid US tariff concerns

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is posting sh...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome

Hanwha Systems Co. is preparing to muscle into a strategic stronghold of South Korea’s missile defense industry, challenging long-time rival L...

GEPS taps former KB Asset chief risk officer as new CIO

GEPS taps former KB Asset chief risk officer as new CIO

South Korea’s Government Employees Pension Service (GEPS) on Wednesday appointed Sohn Young-jin, former head of risk management at KB Asset Ma...

LS Electric poised to join Nvidia's supply chain via Vertiv deal

LS Electric poised to join Nvidia's supply chain via Vertiv deal

LS Electric Co., a South Korean industrial system supplier, is poised to deliver a large volume of power control equipment, including switchgears an...

Lockheed Martin, KAI to expand partnership to future defense, aerospace tech

Lockheed Martin, KAI to expand partnership to future defense, aerospace tech

Global defense giant Lockheed Martin Corp. and Korea Aerospace Industries Ltd. (KAI) on Tuesday agreed to expand their collaboration into futur...

EQT taps ex-DHK Management CEO to lead S.Korea's real estate push

EQT taps ex-DHK Management CEO to lead S.Korea's real estate push

Swedish asset manager EQT Partners, also the largest private equity firm in Europe, has named David Kim, chief executive of South Korean real estate...

Affirma Capital to acquire Equis’ Korean waste assets for $294 million

Affirma Capital to acquire Equis’ Korean waste assets for $294 million

Affirma Capital, a Singapore-headquartered buyout private equity firm, has agreed to acquire the entire portfolio of South Korean waste processing a...

LG CNS forms strategic partnership with robotics startup Skild AI

LG CNS forms strategic partnership with robotics startup Skild AI

LG CNS Co., the information technology service arm of LG Group, said on Tuesday it has formed a strategic partnership with Skild AI to develop AI-dr...

Koramco targets $7 bn bet on Korea data centers

Koramco targets $7 bn bet on Korea data centers

Koramco Asset Management Co., South Korea’s leading real estate investment firm, plans to invest 10 trillion won ($7 billion) in domestic data...

Korea to allow non-profits to buy bad consumer loans

Korea to allow non-profits to buy bad consumer loans

The Financial Services Commission (FSC) has proposed regulatory changes that would allow non-profit organizations to purchase bad loans from individ...

US monitors NPS, sovereign funds in expanded currency surveillance

US monitors NPS, sovereign funds in expanded currency surveillance

Washington will strengthen its monitoring of portfolio investments by pension and sovereign wealth funds of its trading partners as it broadens its ...

Proxy voting rises in South Korea, but few vetoes cast

Proxy voting rises in South Korea, but few vetoes cast

An increasing number of asset management firms in South Korea are more frequently exercising their voting rights at portfolio companies. Nevertheles...

Korea Post to commit $150 mn to mid-cap infrastructure funds

Korea Post to commit $150 mn to mid-cap infrastructure funds

Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency sai...

Cushman & Wakefield, Avison Young to lead Orange Center sale in Seoul

Cushman & Wakefield, Avison Young to lead Orange Center sale in Seoul

Cushman & Wakefield and Avison Young have been appointed to oversee the sale of Orange Center, a prime office tower in Seoul’s central bus...

S.Korean military fund to make $73 mn commitment to real estate funds

S.Korean military fund to make $73 mn commitment to real estate funds

The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is stepping up efforts to diversify its investment portfolio with a 100 ...

Rental housing gains appeal amid supply crunch: asset managers

Rental housing gains appeal amid supply crunch: asset managers

The rental housing markets in the US, Europe and Australia present attractive investment opportunities as persistent supply shortages and rising urb...

NPS to ramp up shareholder engagement with overseas companies

NPS to ramp up shareholder engagement with overseas companies

South Korea’s National Pension Service (NPS) plans to deepen shareholder engagement with its foreign portfolio companies, signaling a more ass...

Korean pension funds, insurers seek customized investment vehicles

Korean pension funds, insurers seek customized investment vehicles

South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as ...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared