South Korea will significantly tighten investment rules for single-stock leveraged exchange-traded funds (ETFs), requiring retail investors to hold 30 million won ($20,283) in cash before making new ...
Mirae Asset Global Investments Co. has invested around 150 billion won ($110 million) in Perplexity AI Inc., an AI-driven search engine developer, at a valuation of $20 billion, according to people ...
South Korea has won its bid to annul a $108 million investor-state award that was originally in favor of US hedge fund Elliott Investment Management. Anton Ware, partner at Arnold & Porter South ...
Hahn & Co., South Korea’s largest private equity firm, has finalized the acquisition of SK Specialty Co., the world’s leading producer of specialty gases used in semiconductor and advanced display ...
Doosan Group is set to close a deal to acquire 100% of SK Siltron Co., a roughly 5.5 trillion won ($3.7 billion) transaction that would recast the South Korean conglomerate around semiconductors by ...
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 ...
Lee Sang-hyeok, globally known as Faker, has made history by becoming the first esports athlete to receive South Korea’s highest sporting decoration, the Cheongryong (Blue Dragon) Medal of Sports. Lee ...
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 ...
TA Associates Management is seeking to exit milk tea franchise Gong Cha as South Korea’s dessert drink market becomes increasingly crowded with new entrants and low-cost coffee chains. (Courtesy of ...
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 ...
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 gl ...
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 ...