UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte

UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte

UBS Group AG, the frontrunner in South Korea's M&A market last year, retained the top position in the country's buyout advisory market in the fi...

MBK Special Situations relinquishes Korean investment advisory license

MBK Special Situations relinquishes Korean investment advisory license

MBK Partners Special Situations (MBKP SS), which operates the Seoul-based private equity firm’s credit situations funds, has voluntarily relin...

Korea Securities to expand its ultra-high net worth business

Korea Securities to expand its ultra-high net worth business

Korea Investment & Securities announced on Thursday that it has signed a memorandum of understanding (MOU) with Arceon Group to strengthen its o...

Hanwha Ocean, US Senator discuss US Navy MRO

Hanwha Ocean, US Senator discuss US Navy MRO

South Korea's Hanwha Ocean Co. said on Tuesday that it discussed various aspects of the US Navy ship projects with key figures from the US Senate Co...

Deloitte Korea taps new CFO, consulting head in reshuffle

Deloitte Korea taps new CFO, consulting head in reshuffle

Deloitte Korea, which operates accounting firm Deloitte Anjin LLC and consulting service provider Deloitte Consulting LLC, announced a reshuffle wit...

NPS corp governance committee taps SNU professor as member

NPS corp governance committee taps SNU professor as member

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

SK Group reintroduces Saturday CEO meeting after 20 years

SK Group reintroduces Saturday CEO meeting after 20 years

South Korea’s energy-to-telecom conglomerate SK Group has decided to reintroduce Saturday gatherings of its subsidiaries' chief executives aft...

Campbell Lutyens taps ex-KIC PE chief as Korea head

Campbell Lutyens taps ex-KIC PE chief as Korea head

Campbell Lutyens & Co. Ltd., a UK private equity advisory firm, has tapped sovereign wealth fund Korea Investment Corporation (KIC) former PE he...

Academics say no scientific proof for LK-99 as superconductor

Academics say no scientific proof for LK-99 as superconductor

South Korean academics have concluded the material, dubbed “LK-99,” lacks scientific proof to be recognized as a room-temperature and am...

BOK governor named chair of BIS financial system committee

BOK governor named chair of BIS financial system committee

Bank of Korea Governor Rhee Chang-yong has been appointed as the chairman of the Committee on the Global Financial System (CGFS) at the Bank for Int...

Poland kicks off approval process to import S.Korean reactors

Poland kicks off approval process to import S.Korean reactors

Poland has started an approval process to build a nuclear power plant consisting of South Korean reactors, according to foreign media reports, despi...

SK Biopharmaceuticals forms Scientific Advisory Board

SK Biopharmaceuticals forms Scientific Advisory Board

South Korea's SK Biopharmaceuticals assembled its Scientific Advisory Board (SAB) composed of world-renowned physicians and drug development experts...

S.Korean academics to verify truth of room-temperature superconductor

S.Korean academics to verify truth of room-temperature superconductor

The Korean Society of Superconductivity and Cryogenics has recently established a verification committee composed of experts in response to the ongo...

First S.Korean elected chairman of global shipbuilding committee

First S.Korean elected chairman of global shipbuilding committee

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Tuesday that their technical advisor, Shin Jong Gye, has been elected as the...

Woori Bank to start legal, accounting advisory for firms entering Vietnam

Woori Bank to start legal, accounting advisory for firms entering Vietnam

South Korea's Woori Bank on Monday announced the opening of its comprehensive advisory service line for foreign direct investment (FDI) designed for...

S.Korea-Iraq Joint Committee resumes operations after six years

S.Korea-Iraq Joint Committee resumes operations after six years

A joint committee between South Korea and Iraq will be held again after a six-year hiatus.The government plans to help Korean companies win large pr...

Hyundai E&C to develop future residential model All Life-care House

Hyundai E&C to develop future residential model All Life-care House

South Korea's Hyundai Engineering & Construction (Hyundai E&C) has announced plans to create a future residential model, the All Life-care H...

NPS to launch committee for portfolio firms' governance improvement

NPS to launch committee for portfolio firms' governance improvement

South Korea’s National Pension Service (NPS), one of the world’s largest pension funds, is slated to establish a committee to improve th...

Glass Lewis votes for Tcha Partners' proposal to change Namyang auditor

Glass Lewis votes for Tcha Partners' proposal to change Namyang auditor

Global proxy advisory giant Glass, Lewis & Co. has voted for three out of the four proposals made by Seoul-based Tcha Partners Asset Management ...

Kumho Tire establishes ESG committee under its board of directors

Kumho Tire establishes ESG committee under its board of directors

Kumho Tire Co. is intensifying its sustainable management efforts by establishing an environmental, social and governance (ESG) committee directly u...

Korea Shinhan Financial taps banking unit head as group CEO

Korea Shinhan Financial taps banking unit head as group CEO

Shinhan Financial Group appointed the head of its flagship banking unit as the group’s next chief executive officer as the major South Korean ...

CJ CheilJedang to strengthen R&D for bio and healthcare businesses

CJ CheilJedang to strengthen R&D for bio and healthcare businesses

CJ Corp. announced it will strengthen its research and development (R&D) efforts in the bio and healthcare sectors. CJ CheilJedang Corp. ...

S.Korea prepares to launch $7.6 bn stock market stabilization fund

S.Korea prepares to launch $7.6 bn stock market stabilization fund

South Korea last week completed the process needed to launch a stock market stabilization fund of 10.76 trillion won ($7.6 billion). The timing for ...

Korea to complete process for stock market fund in mid-Oct

Korea to complete process for stock market fund in mid-Oct

South Korea is set to complete the process for a stock market stabilization fund of 10 trillion won ($7 billion) by the middle of this month, to be ...

Korean PM Han says EV tax credits may violate FTA rules

Korean PM Han says EV tax credits may violate FTA rules

The US Inflation Reduction Act (IRA) appears to have violated the Free Trade Agreement (FTA) between the country and South Korea, Korean Prime Minis...

S.Korea to raise nuclear power to one third of energy supply

S.Korea to raise nuclear power to one third of energy supply

South Korea plans to increase its proportion of nuclear power to 33% of the country’s energy generation by 2030, while slashing its proportion...

SK Discovery to control affiliates’ entire biotechnology business

SK Discovery to control affiliates’ entire biotechnology business

SK Discovery Co., an intermediate holding company of South Korea’s third-largest conglomerate SK Group, will take charge of the entire biotech...

Hyundai Motor scraps LNG plant construction plan

Hyundai Motor scraps LNG plant construction plan

Hyundai Motor Co. has scrapped a plan to build a liquefied natural gas (LNG)-fueled plant to power its main production lines in South Korea due to a...

Yoon administration to launch strategic committee for semiconductors

Yoon administration to launch strategic committee for semiconductors

President-elect Yoon Suk-yeol’s transition team announced Thursday it is considering a joint public-private committee that will be in charge o...

NH, KB ranked top S.Korean equity, debt underwriters

NH, KB ranked top S.Korean equity, debt underwriters

Fundraising via initial public offerings and rights issues in South Korea more than doubled to 27.2 trillion won ($23 billion) in 2021 from a year a...

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