The US will make it harder for Samsung Electronics Co. and SK Hynix Inc. to manufacture chips in China and upgrade production facilities there, threatening the two global memory chip leaders’ ...
Affinity Equity Partners and Singapore’s sovereign wealth fund GIC have sold their entire stake in Kyobo Life Insurance Co., exiting from their investment in South Korea’s third-largest life insurer ...
LG H&H Co., South Korea’s second-largest cosmetics firm after Amorepacific Corp., has put its prized Coca-Cola bottling subsidiary and other beverage assets up for sale as part of sweeping ...
South Korea’s central bank will provide "unlimited" liquidity to the country’s financial markets by purchasing repurchase agreements, or repos, as part of efforts to stabilize Asia’s No. 4 economy’s ...
LG CNS Co. will build a hyperscale artificial intelligence data center for Vietnam’s state-run telecom giant Vietnam Posts and Telecommunications Group (VNPT), marking the South Korean IT services ...
Generative AI is challenging traditional investment theses, acting as a devil's advocate to sharpen decision-making, particularly when it comes to assessing the risks it could pose to target assets.
Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savings Bank, the largest savings bank in South Korea, ...
South Korea is seeking to make a $19.8 billion natural gas-fired power complex in Texas the first investment under its $200 billion US framework after exploring a few other candidates. Aerial view of ...
US-based global private equity firm Blackstone Inc. has acquired Juno Hair, South Korea’s largest premium hair salon chain, in a deal that values Juno Hair Group at 800 billion won ($590 million).
NXC Corp., the holding company of South Korea’s Nexon Games Co., is looking to unload Stokke AS, a premium baby stroller brand, for around 700 billion won ($480 million) to capitalize on the recent ...
South Korea’s biggest business group Samsung has sweetened the pot to win the technology talent war by lowering the bar for new hires of foreign students with Korean college diplomas. Samsung Group ...
SK Hynix Inc.'s shares fell sharply in Seoul on Monday, retreating more than 8% despite the chipmaker's successful Nasdaq debut last week, as investors shifted their focus from the company's expanding ...