The Bank of Korea held its benchmark interest rate at 3.00% on Thursday, as policymakers weighed persistent inflation and rising property prices against the ne ...
South Korean business families have long used adoption to keep corporate ownership within the family. Ceragem founder Lee Hwan-seong is turning that tradition ...
SINGAPORE - Seviora Group, the asset management arm wholly owned by Singapore sovereign wealth fund Temasek Holdings Ltd., is doubling down on its North Asian ...
South Korea's Defense Acquisition Program Administration (DAPA) has barred LIG Defense & Aerospace Co. (LIG D&A), formerly LIG Nex1, from bidding for d ...
Align Partners Capital Management Inc., a South Korean activist fund, has disclosed a 1.5% stake in SK Inc., the holding company of SK Group, saying that SK In ...
Samsung Biologics Co., South Korea's largest contract drug manufacturer, raised its full-year revenue growth forecast after sales rose 18.5% in the third quart ...
PT Danantara Investment Management (DIM), the strategic investment arm of Indonesia's new sovereign wealth fund, Danantara, is eyeing expande ...
Four out of five Mercedes-Benz E250 sedans exceeded South Korean pollution limits in government testing last year, crossing the threshold for a full inspection ...
Yangtze Memory Technologies Co. (YMTC) overtook Samsung Electronics Co. to become the largest supplier of NAND flash memory chips in China in the second quarte ...
Naver invests in AI assistant startup Instinct, music generator Suno, as it steps up global outreach
Naver Corp. has invested in Instinct, a US artificial intelligence assistant startup valued at $10 billion, as the South Korean internet portal giant accelerat ...
Shinsegae Inc. has joined a consortium led by DaouKiwoom Group and CJ Group that has been selected as the preferred bidder for JoongAng Ilbo, one of the countr ...
Kakao Corp. rejected speculations about a block trade or third-party share placement tied to its planned corporate split, while reaffirming a 300 billion won ( ...
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