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 ...

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 ...

NH Investment & Securities Co. retained its lead in South Korea’s equity capital market (ECM) in the first half, riding a surge in large-scale rights offerings while initial public offerings (IPOs) ...

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 ...

Samsung C&T Corp. has sold a utility-scale solar and battery project in Australia, marking its first sale of a renewable-energy development rights outside North America as it seeks to extend a capital ...

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 ...

Samsung Display Co., the panel-making arm of Samsung Electronics Co., has won a years-long patent fight with China’s BOE Technology Group, clearing the way for the South Korean display maker to ...

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 ...

Korea Investment & Securities Co. will step up its asset management business by launching innovative global investment products, aiming to surpass Nomura Securities Co. and become Asia’s No. 1 ...

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 ...

LG Chem Ltd. is set to become the first South Korean company to mass-produce precursor-free cathode materials, designed for high- and mid-nickel batteries used by electric vehicle makers. At ...