SoftBank-backed

ICONIQ Capital, a US family office backed by Meta founder and CEO Mark Zuckerberg, has invested 50 billion won ($42 million) in Smartscore, a South ...

South Korea’s central bank on Friday raised interest rates back to a pre-pandemic level, signaling further hikes to curb rising inflationary p...

SoftBank Group Corp. is investing $146 million in South Korea’s artificial intelligence company Qraft Technologies, Inc. The investment includ...

Mobile point-of-sale (POS) system maker Payhere Inc. announced Tuesday it received 10 billion won ($8.4 million) in Series A funding from Softbank V...

South Korea’s Tiger Alternative Investors Co. has liquidated its structured fund backed by shares of US-based business development companies...

With stock and cryptocurrency fevers subsiding amid a monetary tightening bias, South Koreans are moving their money back to safe assets, as banks s...

Chey Jae-won, the younger brother to SK Group Chairman Chey Tae-won, returned to the conglomerate’s leadership on Dec. 17, after an eight-year...

Shares of Korean robot makers jumped this week following a tech giant’s decision to extend resources on its robotics department. Invest...

Samsung Electronics Co. has officially launched its new set division, which combines its mobile and consumer electronics businesses into a single un...

The European Union’s expected objection to the combination of the world’s two largest shipbuilders – Hyundai Heavy Industries Co. ...

SK Gas Co., the top liquefied petroleum gas (LPG) company in South Korea, has invested in Series B funding for C-Zero Inc., a California-based start...

South Korea’s BNK Asset Management Co. acquired UBS Financial Services tower in New Jersey for $219 million from US real estate developer Hart...

Korea’s government-backed fund of funds (FOF) management institution announced its latest selection of funds late last month, which would bene...

South Korea’s National Pension Service (NPS) selected private equity giant Hillhouse Capital Group in the third quarter of this year for its...

Naver Corp.’s metaverse platform secured $190 million from Softbank and other investors to expand its business in a market marked by fierce co...

Lunit Inc., a South Korean developer of AI-based diagnostic tools for cancer screening, has surpassed 1 trillion won ($841 million) in value in over...

Costa Rican President Carlos Alvarado Quesada has praised South Korean movies such as the Oscar-winning Parasite and drama series such as Squid Game...

South Korea’s MBK Partners, one of the largest private equity firms in Asia, said it has raised $1.8 billion for its second special situations...

MBK Partners has sold Japan's largest golf course operator Accordia Next Golf to SoftBank's Fortress Investment Group for 400 billion yen ($3.5 bill...

South Korea's top three retail groups -- Lotte, Shinsegae and GS -- are struggling with increased losses in the Southeast Asian market, once believe...

Success of Korean films on OTT platforms South Korea posted a surplus in its intellectual property rights trade balance in the first half of 2021. ...

The head of real estate investment at Korea Investment Corporation (KIC) has resigned from the South Korean sovereign wealth fund. Cha Hoon, appoint...

South Korea plans to buy back 2 trillion won ($1.7 billion) worth of government bonds in a move to stem a jump in market interest rates.The Ministry...

SK Hynix Inc. will be buying back the remaining stake in its former unit Key Foundry to double its foundry capacity, after its third-quarter operati...

Softbank Group founder Masayoshi Son is slated to bet $170 million on Naver Corp.’s metaverse platform. The investment is expected to help Nav...

South Korea-based artificial intelligence startup Riiid is looking to boost its presence in Japan following the acquisition of its Japan-based distr...

South Korea’s major portal operator Naver Corp. is looking to firm up its partnership with SoftBank Group Corp. and increase its presence in J...

South Korea's new household lending rules, set to be unveiled next month, will center on tightening the assessment of borrowers' repayment capabilit...

Kakao Group’s payment services unit Kakao Pay Corp. has pushed back its IPO to November due to growing concerns regarding the impact of regula...

Vision Fund, led by SoftBank Group founder Masayoshi Son, has sold one-tenth of its shares in South Korea's e-commerce platform Coupang Inc. for $1....