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 ...

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 ...

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 ...

South Korea is seeking to broaden the circumstances under which it can draw up a supplementary budget, aiming to turn a semiconductor-driven revenue surge into timely investment in artificial ...

The Japanese government has asked Seoul-based private equity firm MBK Partners Ltd. to cancel its planned takeover of machine tool maker Makino Milling Machine Co., citing national security concerns ...

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 ...

South Korea's ruling party on Thursday ramped up pressure on private equity firm MBK Partners Inc., turning its sights to the state-run National Pension Service (NPS), which has committed 2.5 trillion ...