US private equity firm Blackstone Inc. has agreed to acquire a controlling stake in South Korean actuator maker Futronic Co., betting its automotive technology can be adapted for the fast-growing ...

The National Pension Service's (NPS) alternative investment committee has rejected its real estate investment division's proposal to replace IGIS Asset Managem ...

US Commerce Secretary Howard Lutnick has publicly urged Samsung Electronics Co. and SK Hynix Inc. to expand memory chip manufacturing in the US to address a global shortage in components critical to ...

Samsung Electronics Co. is developing its first dedicated artificial intelligence accelerator for AI-powered personal computers (PCs), marking its return to the PC chip market after more than a decade ...

The Teachers' Pension, South Korea's major institutional investor managing approximately 30 trillion won ($20 billion) in assets, is set to name Baek Joohyun, former chief investment officer of the ...

Hanwha Systems Co. has joined its sibling, Hanwha Aerospace Co., in increasing its stake in Korea Aerospace Industries Ltd., fueling speculation that Hanwha Gr ...

South Korean police have launched a probe into Kakao Pay Corp.'s transfer of 40 million of its users’ information to Chinese ...

Hong Kong-based private equity firm (PEF) Affinity Equity Partners is expanding its healthcare footprint in South Korea through a pair of bolt-on acquisitions. Lotte Rental sale collapses after ...

Bain Capital LP and MBK Partners Ltd., alongside other private equity giants, are competing to acquire liquid cargo tank terminals in Japan and South Korea currently being divested by KKR & Co. Inc., ...

South Korea's state pension fund, the National Pension Service (NPS), has shortlisted four asset managers, including Mirae Asset Global Investments Co. and Koramco REITs Management & Trust Co., to run ...

TKG Group, the South Korean conglomerate formerly known as Taekwang Industrial, is acquiring a controlling stake in April Bio Co., a Kosdaq-listed drug developer, in a deal valued at about 350 billion ...