Seoul stocks extend winning streak to 3rd session on U.S. stimulus hopes

SEOUL, Sept. 29 (Yonhap) — South Korean shares extended their winning streak to a third session Tuesday, as progress in … ...

KDB floats 200 bln won in green bonds

SEOUL, Sept. 29 (Yonhap) — The state-run Korea Development Bank (KDB) said Monday it has locally issued green bonds worth … ...

SK to sign agreement with Premier Partners soon

SK Group and private equity firm Premier Partners are expected to sign a shareholders’ agreement soon to raise funds for … ...

JKL Partners invests $34 mln in Megazone Cloud

Private equity firm JKL Partners will invest 40 billion won ($34 million) in Megazone Cloud Corporation, South Korea’s first Amazon … ...

Humax Mobility to acquire car-sharing firm Peoplecar

Humax Mobility Corp, a car-sharing and parking management company backed by Humax and STIC Investments, is to acquire Peoplecar.

Humax Mobility … ...

SK Lubricants expects strong buyer interest

Teaser letters have been sent to potential buyers of a minority stake in SK Lubricants Co Ltd, the lubricant oil business arm … ...

Three preliminary offers for Doosan Infracore stake

MBK Partners, Glenwood Private Equity and a consortium of Hyundai Heavy Industries and KDB Investment have submitted  preliminary bids for a stake … ...

NPS returns rose to 3.5% in July as stocks rebounded

South Korea’s National Pension Service (NPS) recorded better returns on fund management in July after a weak performance in the first half, as expectations of vaccine development and stimulus measures by major countries boosted stock markets.

Banks’ lending rates drop for 3rd straight month in Aug.

SEOUL, Sept. 29 (Yonhap) — South Korean banks’ lending rates fell for the third straight month in August amid falling … ...

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