Korean firms rush to issue bonds ahead of presidential election

South Korean companies are flocking to the corporate bond market ahead of the country’s presidential election early next month, seeking to loc...

Hong Kong to list world’s 1st Samsung single-stock leveraged ETF

A pair of leveraged exchange-traded funds tracking only Samsung Electronics Co. will make a debut on the stock exchange in Hong Kong next week, whic...

Kyobo Life poised to buy Japan’s SBI Group-owned savings bank

Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savin...

POSCO to raise up to $691 million as next year’s 1st corporate bond issuer

South Korea’s steel-to-battery materials conglomerate POSCO Group plans to raise up to 1 trillion won ($691 million) in the country’s fi...

MBK kicks off Lotte Card sale for about $1.4 bn in 2nd bid

Lotte Card Co. is expected to be up for grabs in the first half of next year amid a second sale attempt by its largest shareholder MBK Partners, a N...

Hyundai Card shelves IPO after Fubon buys 20% stake

South Korea’s Hyundai Card Co. has shelved a plan to go public after Taiwan’s Fubon Financial Holding Co. completed the purchase of its ...

MBK seeks to exit Korea’s Lotte Card for over $2.5 bn

MBK Partners is in the early stages of talks with telecom operator KT Corp. and other potential bidders to sell its majority stake in South Korea's ...

Affinity exits Hyundai Card, sells stake to Hyundai Commercial, Fubon

Affinity Equity Partners, a global private equity firm, and its financial partners have exited from their investment in Hyundai Card Co. by selling ...