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 ...

South Korea’s M&A market for membership golf courses has ground to a halt after the acquisition tax rate tripled to 12% this year, dealing a blow to companies seeking to improve their financial ...

South Korea's HLB Co. said on Friday it has failed for a third time to win US approval for its liver cancer drug, sending its shares to a nine-month low. HLB Chairman Jin Yang-gon announces the FDA's ...

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 ...

Samsung SDI CEO Cho Joo-sun (left) and Mercedes-Benz CTO Jörg Bruser pose for a photo after signing an electric vehicle battery supply contract in Seoul on April 20, 2026 Samsung SDI Co., a major ...

South Korea's central bank chief said on Thursday the won currency is poised to rebound as a global artificial intelligence-driven microchip boom bolsters fundamentals of Asia’s fourth-largest economy ...

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 ...