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 ...

NEW YORK – South Korean President Lee Jae Myung has secured a commitment from BlackRock Inc., the world’s largest asset manager, to help turn the country into a regional hub for artificial ...

Samsung Electronics Co. has won long-awaited validation from Nvidia Corp. for its latest high-bandwidth memory, clearing a critical hurdle in the race to supply chips powering the next wave of ...

Samsung Electronics Co. has recently notified major clients of an increase in DRAM prices by 15-30% for the fourth quarter, alongside a 5-10% hike in NAND flash prices, according to semiconductor ...

POSCO Group, South Korea’s largest steel and energy raw materials producer, has embarked on the process to acquire a controlling stake, worth around 7 trillion won ($5 billion), in HMM Co., the ...

Jeju Dream Tower Casino, operated by South Korea’s major tourism and leisure company, Lotte Tour Development Co., is on track to snatch the crown from Paradise City as the nation’s No. 1 casino this ...

WASHINGTON, D.C. – South Korea’s biggest conglomerates have committed $150 billion in fresh investment in the US in a sweeping package that spans semiconductors, shipbuilding, batteries and strategic ...

South Korea’s 10 largest petrochemical companies have agreed to restructure their operations, including up to 25% cuts to their naphtha-cracking capacity, as the government called for rigorous ...

Air Liquide SA, a French multinational industrial gas and services company, is eyeing a return to South Korea after its exit a decade ago, as it is in exclusive talks to acquire the country’s No. 3 ...

One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population and the world’s lowest birthrate. The Ministry of the ...

Global private equity firm TPG has struck one of this year’s standout mid-cap deals in South Korea, selling Samhwa Co., a cosmetics packaging specialist, to leading buyout firm KKR for 800 billion won ...

In South Korea’s M&A landscape, beauty companies are no longer waiting to put themselves on the market. They’re being courted before they even consider it. The ongoing global craze for K-beauty is ...