This country will police ‘shrinkflation’ at the supermarket

SEOUL—Food prices have risen so much that Kim Soo-yeon has developed a suspicious new habit at the grocery store. She has taken to shaking bag...

Seoul tightens safety oversight for BTS 10th anniversary fireworks

The South Korean government is stepping up safety oversight ahead of the BTS Festa fireworks show. This is in response to last year's massive crowd ...

K-pop group Astro's Moonbin found dead in his apartment

Moonbin, a member of K-pop group Astro, has died, South Korean police said on Thursday.According to the police and the music industry, his manager f...

S.Korean crypto fugitive Do Kwon arrested in Montenegro

The fugitive South Korean cryptocurrency mogul Do Kwon, responsible for the more-than-$40 billion crash in the global virtual currency market last y...

Hyundai CEO says on track for hydrogen-fueled NEXO’s new model

Hyundai Motor Co. is on track to develop a revamped model of its hydrogen fuel car NEXO, its chief executive said on Wednesday, as the South Korean ...

SK Telecom blocks voice phishing via AI, police database

SK Telecom Co., a South Korean major mobile carrier, is strengthening its spam call filtering system to prevent voice phishing. The system blocked 3...

Police identify visitor to Terra founder's home as crypto streamer

The uninvited visitor to Terraform Labs co-founder and CEO Do Kwon's Seoul residence has been identified by police. An AfreecaTV streamer who g...

Police fund to appoint equities specialist as CIO

South Korea's Police Mutual Aid Association (PMAA) has picked Han Jong-seok, a former chief investment officer of Meritz Asset Management Co. and eq...

Ex-police fund CIO picked to lead Yellow Umbrella Mutual

Lee Do-yoon, a former chief investment officer of South Korea's Police Mutual Aid Association (PMAA), has been named as CIO of the Yellow Umbrella M...

South Korean police look into fatal crash of Tesla Model X

South Korean police are looking into a fatal crash of a Tesla Inc. electric vehicle after its driver told them it went out of control after sudden a...

Korean police fund raises risk appetite for private debt

South Korea’s Police Mutual Aid Association (PMAA) has recently selected an opportunistic strategy fund for private debt investment as the $3 bi...

Korea police fund CIO reappointed for second term: report

Police Mutual Aid Association’s (PMAA) chief investment officer Doyoon Lee was reappointed for another two-year term to become the first CIO to serve ...

Korea police fund seeks loan funds and infrastructure projects: report

The Police Mutual Aid Association (PMAA), a $2 billion retirement fund for South Korea’ polices officers, will ramp up investment in loan funds and in...

Korea police fund allocates $60 mn to AMP's infrastructure, LGT's ILS funds

The Police Mutual Aid Association (PMAA) has decided to commit $30 million each to an Australian infrastructure fund of AMP Capital and an insurance-l...

Police fund, 4 other Korean firms to put $100 mn in Emirates aircraft fund

The Police Mutual Aid Association and four other South Korean institutional investors will underwrite $100 million of mezzanine tranches in an aircraf...

[Interview] Korea police fund eyes EM debt; keen on networks with foreign funds: CIO

South Korea’s Police Mutual Aid Association (PMAA), a $2 billion savings fund, is interested in sovereign debt of emerging economies, and will put eff...

Korea police fund picks CIO from outside; gives $90 mn mandates to 6 firms

South Korea’s police savings fund has appointed a former fixed-income head of Samsung Asset Management as its first chief investment officer fro...

[RFP] Korea police fund invites bids for $87 mn blind fund mandates

The Police Mutual Aid Association (PMAA) of South Korea issued requests for proposals on July 1 for 100 billion won ($87 million) mandates that it wou...

Korea police fund to invest $87 mn in blind funds

The Police Mutual Aid Association of South Korea will post a public notice of a request for proposals this week to commit 100 billion won ($87 million...