Celltrion in talks to buy Eli Lilly plant in US for $504 million

Celltrion Inc., South Korea’s biosimilar-developing leader, is in talks with Eli Lilly and Company to buy the American multinational pharmaceu...

Trump’s chip tariff threat stirs jitters; impact on Samsung, SK Hynix limited given MFN status

NEW YORK – A revived threat from US President Donald Trump to impose a 100% tariff on imported semiconductors has reignited concerns in South ...

Global investment banks raise S.Korea’s growth forecasts as trade tensions with US ease

Global investment banks are revising up their growth forecasts for South Korea, citing easing trade uncertainties and signs of a consumer-led recove...

Millennium Management to invest $252 mn in Korean stocks for first time

Millennium Management LLC, a US major hedge fund, is set to invest about $252 million in South Korean stocks for the first time, local asset managem...

LG CNS to build AI data center in Indonesia, first for Korean firm

LG CNS Co., the information technology services unit of South Korea’s LG Group, has bagged a deal to build an artificial intelligence-ready da...

Lotte’s casino earnings soar as Chinese punters return to Jeju; other casino operators follow suit

Lotte Tour Development Co. has posted its highest-ever quarterly operating profit, powered by a surge in Chinese tourists to South Korea’s top...

Korean Air to launch premium economy at lower prices than rivals

Korean Air Lines Co., South Korea’s top full-service carrier, on Tuesday unveiled a plan to introduce a premium economy class in September at ...

Woori Investment's IPO market entry set to intensify SME underwriting rivalry

Woori Investment & Securities Co. has launched an initial public offering-dedicated unit within its corporate finance division in its foray into...

ASK Singapore 2025 to offer rare insights into Korean investment landscape

South Korea’s leading private equity and venture capital firms will convene in Singapore on Oct. 27 for ASK Singapore 2025 (sg.kedask.com), wh...

AMCHAM, ECCK warn S.Korea’s labor bill hinders investment

Major foreign business associations in South Korea have warned that a proposed labor law revision in the country could increase legal exposure for m...

Samsung Chairman Lee heads to US as chips become key trade leverage

Samsung Electronics Co. Chairman Lee Jae-yong departed for the US on Tuesday, just days before the US-set  Aug. 1 deadline for a trade deal, si...

Korea Investment & Securities, Muzinich & Co. explore strategic partnership on global credit portfolio

Korea Investment & Securities Co. (KIS), the brokerage unit of Korea Investment Holding Co., is exploring a strategic partnership with US privat...

S.Korea to expand growth fund to $110 bn to nurture 'Korean Nvidia'

South Korea is considering creating a 150 trillion won ($110 billion) national fund to support high-tech industries as part of President Lee Jae-myu...

Bain Capital set to acquire HS Hyosung Advanced Materials' tire cord business

US private investment firm Bain Capital is poised to acquire HS Hyosung Advanced Materials Corp.'s tire steel cord business in a deal estimated...

Kayne Anderson Real Estate: Don't wait for clarity – the time to invest is now

Amid persistent economic uncertainty, rising development costs, and shifting US trade policies, Kayne Anderson Real Estate is showing high convictio...

KB Asset poised to buy Signature Tower in Seoul for over $700 mn

KB Asset Management Co. has been named the preferred buyer of Signature Tower in what would be a landmark office property deal in South Korea this y...

President Lee meets with Samsung chief amid stalled US-Korea trade talks

South Korean President Lee Jae-Myung met with Samsung Electronics Co. Chairman Lee Jae-yong on Thursday amid growing speculation that Seoul may leve...

TPG’s sale of cosmetics packaging specialist Samhwa to KKR: A textbook turnaround story

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 ...

Pebblestone, Pacific, Hanwha Asset, Hyundai Investments shortlisted for NPS’ $360 mn property fund mandate

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has shortlist...

Korea Investment & Securities, UBP seek private banking partnership

Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., said on Thursday it has discussed a strategic partnership with...

Cohen & Steers names Andrew Shin to lead S.Korea institutional business

US-based investment firm Cohen & Steers Inc. has appointed Andrew Shin, a 20-year veteran of the institutional investment market, as vice presid...

Hong Kong-based CLSA to invest $36.6 mn in K-Beauty pioneer Jungsaemmool Beauty

Hong Kong-based private equity firm CLSA Capital Partners Ltd. has been picked as a preferred bidder to invest 50 billion won ($36.6 million) in Jun...

Korea Investment & Securities, Capital Group eye product launch in Korea

Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., is exploring new offshore funds for individual investors in co...

NPS, Scape acquire Aussie senior living operator Aveo from Brookfield

South Korea’s state-run pension fund, the National Pension Service (NPS), has partnered with Australia’s student housing specialist Scap...

Goldman Sachs acquires Mercure Ambassador: 1st stint with Korean hotels

Goldman Sachs, in partnership with JB Asset Management Co., has acquired Mercure Ambassador Seoul Hongdae, a prominent mixed-use commercial property...

KKR in control feud over Korea’s top solar power plant

Global private equity giant KKR & Co. Inc. is embroiled in a management dispute over South Korea’s top solar power plant with key individu...

Hyundai helps Korean economy most with $265 bn contribution

Hyundai Motor Group, the world’s third-biggest automaker, generated the most economic value among major South Korean conglomerates last year, ...

Fubon Bank expands Korea presence into banking

Fubon Bank, Taiwan’s largest bank, is poised to open its first office in Seoul in July, expanding its footprint in South Korea beyond insuranc...

Google to invest $100 mn in Gentle Monster in smart glasses push

Google LLC has signed an agreement to invest about 145.0 billion won ($100 million) in Gentle Monster, the South Korean fashion eyewear brand that i...

Growth equity portfolio largely shielded from policy headwinds: Summit

Growth equity investments have remained largely stable in the face of recent policy shifts, with key sectors like technology and healthcare avoiding...