Phillip Suh, previously CEO at Samsung Asset Management, will replace the retiring Hyon Joo Park.

It is the first Hong Kong dollar issuance by the South Korean investment firm.

Gyungmin Kim is replacing Jeyhyung Rhee who is leaving the bank, while Minjib Kim will support him as a director.

Private equity firm TPG is selling the luxury cosmetics packaging firm after purchasing it in July 2023 for around $230m.

Soonwook Kwon was most recently managing director and branch manager at UBS in Seoul.

Transaction is priced at $25.6 per share equivalent for 10,818,510 shares of Kakao that SK Telecom holds.

The move is in response to a US investigation into China's maritime, logistics and shipbuilding sectors. The Hang Seng Index slumped on October 13 and 14 as US and China trade tensions ramp up.

The €2.85bn deal will expand the French gas giant's presence in Asia; the acquisition is being financed by a bridge loan and will be (re)financed by bond issues.

Mutares is expected to acquire a majority stake in two manufacturing sites in China from Hwaseung; the signing of the deal is expected in Q4.

South Korea's president has lifted martial law after parliament voted to defy the shock move on Tuesday; Bank of Korea held an emergency meeting on December 4.