SelectUSA Investment Summit 2024

Samsung Electronics Co. Chairman Lee Jae-yong discussed potential collaboration on the Stargate AI initiative with OpenAI co-founder and CEO Sam Alt...

South Korea’s POSCO Holdings Inc. said on Monday it plans to sell 61 unprofitable and non-core assets to raise 1.5 trillion won ($1 billion) a...

South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by hefty interest incom...

Samsung Electronics Co. Chairman Lee Jae-yong was found not guilty of accounting fraud, stock manipulation and other criminal charges by a Seoul app...

New funding to South Korean tech startups dropped to its lowest level in seven years in 2024. But seed funding soared 142% led by semiconductor, hea...

South Korea’s major law firms saw rapid growth in revenue last year as the economic slowdown sparked business overhauls at top conglomerates, ...

South Korea’s second-largest automaker Kia Corp. on Friday posted its highest-ever annual sales, operating profit and profit margins in 2024, ...

South Korean venture capital firm Partners Investment said on Thursday it will raise up to 215.5 billion won ($150 million) in a biotech fund jointl...

South Korea’s economy expanded 2.0% last year, falling short of the central bank’s forecast on weaker-than-expected growth in the fourth...

SK Hynix Inc., the top supplier of high-bandwidth memory (HBM) chips to Nvidia Corp., on Thursday reported its highest-ever quarterly profit of 8.08...

South Korea’s Cactus Private Equity is set to acquire a stake in YM Tech Co., a Kosdaq-listed electric vehicle (EV) parts maker, for nearly 20...

South Korea's Samsung Biologics Co., the world’s largest contract drugmaker, on Wednesday posted its largest-ever annual sales and operating p...

Hyundai Steel Co., South Korea’s second-largest steelmaker, sold more than 1 million tons of automotive steel sheets to overseas automakers ot...

Coupang Inc. and Naver Corp., South Korea's top two e-commerce players, are expected to further narrow the gap in their race for the market lead thi...

Michael ByungJu Kim, co-founder, partner and chairman of Northeast Asia-focused private equity firm MBK Partners Ltd., and Kyungin David Lee, UBS Gl...

IMM Private Equity has divested its remaining 1.38% stake in Woori Financial Group for 166.4 billion won ($115 million), exiting the South Korean fi...

South Korean Hana Financial Group and the US-based global well-known private equity fund (PEF) Bain Capital plan to strengthen their strategic par...

HD Hyundai Electric Co., a South Korean electric power equipment maker, plans to invest about half of its 2024 operating profit, estimated at 720 bi...

In South Korea, businesses handling livestock by-products have lacked investor appeal. They were usually mom-and-pop businesses and appeared to hold...

The National Pension Service of Korea (NPS) has committed $800 million to Almanac Realty Investors, the private real estate investment arm of Neuber...

Korea Investment Holdings Co. said on Thursday it was upgraded by three notches from B to A in the MSCI ESG rating this year.The MSCI ESG rating is ...

South Korea's Naver Webtoon said on Thursday that its Japanese service operator Line Digital Frontier invested in Number Nine, a webtoon studio in J...

South Korea’s job growth slowed last year amid a prolonged slump in the country’s construction, manufacturing and retail sectors, boding...

Hyundai Motor Co. and its sibling Kia Corp. together shipped a record-high number of eco-friendly cars to overseas markets last year thanks to stron...

South Korea's online giant Naver Corp.'s startup nurturing organization D2SF (D2 Startup Factory) invested in North American AI ad tech startup Remb...

South Korea's Samsung Biologics Co., the world’s largest contract drugmaker, said on Tuesday it signed a $1.4 billion contract manufacturing o...

The S&P 500 index just experienced its best two-year streak since the 1997-98 Asian financial crisis, with the hype surrounding artificial intel...

Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...

Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturing sector, the Minis...

South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreign exchange authoriti...