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 ...

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 ...

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., ...

More than a decade after paying an enterprise value of about 7.8 trillion won ($5.7 billion) for South Korea's No. 2 hypermarket chain, private equity firm (PEF) MBK Partners Inc. is poised to see one ...

The global race to build artificial intelligence infrastructure is becoming the catalyst for a third wave of post-pandemic inflation, as soaring demand for semiconductors, electricity, cooling systems ...

Lotte Energy Materials Corp., one of South Korea's leading battery materials specialists, has begun commercial shipments of high-end copper circuit foil destined for Nvidia Corp.'s next-generation ...

A “Tank Day” marketing blunder by Starbucks Korea has escalated into a national debate over corporate accountability, trial by public opinion and the rule of law, after the South Korean government ...

Hyundai Motor Group will invest 9 trillion won ($6.3 billion) to build an artificial-intelligence data center, robot manufacturing complex and hydrogen production base in South Korea, accelerating its ...

SK Hynix Inc., one of the world’s top two memory chip producers, is set to pay its largest-ever employee bonuses, using a surge in artificial-intelligence-driven profits to shore up its workforce as ...

Stray Kids made headlines again this week as they notched yet another record-breaking achievement — one that solidifies their standing as one of the most influential forces in modern K-pop. Billboard ...