Korea Ocean Business Corp (KOBC) has tapped international bond investors to raise $600m to help finance South Korea’s ...

Creditors of distressed Korean builder Taeyoung Engineering & Construction Co. are poised to decide Tuesday on whether to ...

The distressed builder won approval from its creditors to proceed with the workout plan proposed to remedy its ...

Taeyoung Engineering and Construction Co. Ltd reportedly decided to sack 22 of its management executives as it undergoes debt ...

Things first started to unravel at Lehman last Tuesday following reports that talks between the state-run Korea Development Bank, who was rumored to be interested in buying a stake in Lehman ...

The most recent Korea-related FDI deals tell a tale of intensifying investor activity in the automotive sector. Leading automotive thermal solutions supplier Hanon Systems is investing EUR 117 million ...

The state-run Korea Development Bank (KDB), the main creditor of Taeyoung Engineering & Construction, will likely conduct massive capital reduction and capital expansion in a way to support the ...

The round attracted investments from new investors that include Korea Development Bank, Shinhan Venture Investment Co., Hana Ventures, Mirae Asset Venture Investment and IBK Securities.

The following are the top headlines in major South Korean newspapers on May 2. Korean-language dailies -- Rival parties agree to revise special bill on Itaewon tragedy today (Kyunghyang Shinmun) -- ...

HMM, Koreas leading container shipper, unveiled plans on Monday to significantly expand its fleet by 2030. The company aims ...

According to a recent paper by Hwang Jin-hoon of the Korea Development Bank in Seoul, “state power and the up-and-coming capitalists have formed a symbiotic relationship” that has blurred the line ...

The US economy overshadowed Asia’s primary bond market this week, with the Labor Day holiday, the Federal Open Market Committee meeting and looming US non-farm payroll numbers. Issuers keen to raise ...