S.Korea says no US investments until visa, currency swap issues resolved

South Korea has warned that unresolved visa disputes and currency swap issues with Washington could derail tens of billions of dollars in Korean cor...

MBK issues public apology as Homeplus fiasco spills into political, labor arenas

MBK Partners, a North Asia-focused private equity firm, on Wednesday issued a public apology over the financial crunch at Homeplus Co., saying it fa...

Landmark Seoul Square set to be sold to Korea Investment Real Asset in $932 mn deal

Korea Investment Real Asset Management Co. has been named the preferred bidder for Seoul Square, one of South Korea's blockbuster real estate deals ...

Lotte Duty Free resumes trade with Chinese resellers as K-beauty sales rise

Lotte Duty Free, South Korea’s largest duty-free business operator, has resumed sales to Chinese bulk resellers, known as daigou traders, reve...

KIC likely to award 1st mandates to Korean private equity firms

The Korea Investment Corporation (KIC) is expected to commit between $100 million and $200 million to two to three Korean private equity firms in it...

Celltrion buys Eli Lilly’s New Jersey plant for $330 million

Celltrion Inc. confirmed Tuesday it has agreed to acquire Eli Lilly and Company’s plant in Branchburg, NJ, for about 460 billion won ($330 mil...

Emerging K-beauty giant APR eyes biotech sector with anti-aging therapies

APR Co., one of South Korea's fastest-growing beauty companies, has unveiled plans to expand into the biotechnology sector as it seeks to position i...

Hyundai Motor to double new hybrid models, hike investment to achieve 9% margin

Hyundai Motor Co. aims to more than double its hybrid vehicle lineup by the end of the decade, as the top South Korean automaker bets on a mix of ec...

S.Korean construction gear digs deeper into global gold rush

In Ethiopia’s Kurmuk gold field, some 750 kilometers northwest of the capital Addis Ababa, workers are busy preparing to unearth 2.7 million t...

J.Y. Park marks Stray Kids’ Billboard milestone with gold gifts

J.Y. Park, the founder and chief producer of JYP Entertainment Corp., celebrated Stray Kids’ historic Billboard achievement with a glittering ...

K-beauty US exports end upward streak in August on tariffs; K-food also drop

US tariffs, which took effect in August, have weighed on South Korea’s beauty and food companies, pushing their exports to the US lower that m...

Detained Koreans return home; Raid likely to delay US battery plant by 3 months

More than 300 South Koreans who were detained in a massive immigration raid on a battery joint venture between Hyundai Motor Co. and LG Energy Solut...

Lee criticizes pension funds’ low exposure to domestic stocks

South Korean President Lee Jae Myung said on Thursday that domestic pension funds hold too few domestic stocks compared to their overseas investment...

S.Korea to scale up National Growth Fund to $110 bn with high-tech focus

South Korea will scale up the National Growth Fund to 150 trillion won ($110 billion) from the originally planned 100 trillion won to accelerate inv...

K-pop mogul J.Y. Park appointed to minister-level cultural role; JYP shares surge

South Korea has elevated one of its most recognizable music figures, Park Jin-young, or J.Y. Park, to a minister-level government position – p...

S.Korean firms to overhaul US workforce supply, see delays, higher costs

South Korean companies building plants in the US are reassessing their projects and overhauling workforce supply after US authorities last week deta...

K-beauty device stocks glow up on growth hopes

South Korean makers of beauty devices that promise healthier, radiant skin are riding a wave of investor demand, fueled by growing global enthusiasm...

Korea’s major US investment projects halted as detained LG Energy workers set for release

ELLABELL, Georgia – The South Korean government has secured the release of about 300 nationals detained following a raid by US authorities on ...

Taekwang front-runner in $360-mn Aekyung Industrial deal for K-Beauty expansion

Taekwang Industrial Co. is set to take control of Aekyung Industrial Co. in a nearly 500 billion won ($360 million) deal, betting the South Korean c...

US raid on Hyundai-LG plant seen as 2026 midterm gambit

NEW YORK – A surprise raid by US Immigration and Customs Enforcement (ICE) on a Hyundai-LG battery plant project in Georgia may be part of the...

Demand for Seoul hotel assets soars as regional properties struggle to find buyers

The gap between Seoul’s hotel investment market and that of regional cities is widening, as global luxury brands flock to the capital while pr...

S.Korea to debut fractional exchanges, unlocking new investment market

South Korea is gearing up to fully embrace tokenized securities as the country is set to open a new exchange for fractional investing. The Finance S...

Indirect Chinese investments via PEFs spark alarms over economic security

China is ramping up investments in global strategic and infrastructure assets via indirect channels as a major backer of private equity funds, raisi...

Pantheon taps Korean investors for $4 billion infrastructure fund

Pantheon, a London-headquartered leading global private markets investor, has kicked off a $4 billion fundraising round for its latest global infras...

HYBE, Geffen to debut new global girl group in 2026 — second joint project after KATSEYE

HYBE and US label Geffen Records will launch their second global girl group in 2026, following their first joint act, KATSEYE.The Korean entertainme...

Korean VC firms lose appetite for investment in startups amid dearth of IPOs, M&As for exit

South Korea’s startup community is facing its sharpest funding squeeze in over a decade, as venture capital (VC) firms retreat from new invest...

Samsung, Mirae Asset, KB vie for $44.7 bn pension investment pool management

South Korea has opened bidding for the management of its 62 trillion won ($44.7 billion) state pension investment pool, pitting two of the country&r...

Korean stock surge drives 4.08% return for National Pension Service in H1

The National Pension Service (NPS), the world's third-largest pension scheme, posted a 4.08% return on investment in the first half of this year, wi...

K-beauty giant LG H&H puts Coca-Cola bottling unit, other beverage assets up for sale

LG H&H Co., South Korea’s second-largest cosmetics firm after Amorepacific Corp., has put its prized Coca-Cola bottling subsidiary and oth...

Next-wave K-Beauty brands chart growth without outside capital

K-Beauty’s rising stars are steering clear of outside capital, opting instead for self-financed growth supported by solid cash reserves, data-...