South Korea is planning a sweeping overhaul of its corporate retirement pension system by introducing a competitive, fund-based model that would pit large private-sector fund management firms against ...

SGC Engineering & Construction (E&C), a specialist in design, procurement and construction (EPC), said on Thursday that it has signed a contract for a petrochemical facility project worth 260 billion ...

South Korea’s President Lee Jae Myung will travel to Japan and the US starting on Aug. 23, accompanied by 15 business leaders from the country’s largest conglomerates, including Samsung Electronics Co ...

United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. and Goldman Sachs are set to invest a combined $700 million in Kakao Mobility Corp., South Korea’s largest taxi-hailing app, to take ...

South Korea’s equities market is undergoing what investors dub a “renaissance,” as global investment banks steadily upgrade their outlooks on the Kospi benchmark stock index, while predicting a ...

New York-based Apollo Global Management and London-based Intermediate Capital Group (ICG) have joined the ranks of global private equity firms that have set up offices in Seoul. South Korea is one of ...

MBK Partners said on Wednesday it has named Moon Joo Ho, partner and head of South Korea for special situations, as the North Asia-focused private equity firm’s vice president. The firm has promoted ...

Samsung Electro-Mechanics Co. is in talks to finalize an AI server component supply deal worth about 500 billion won ($340 million) with a major US technology company, and is set to sign a joint ...

Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($163 million) as the US private investment firm scaled ...

Air Liquide SA, a French multinational industrial gas and services company, has signed a share purchase agreement to acquire South Korea’s DIG Airgas Co. from Macquarie Asset Management, in a deal ...

Hyundai Motor Group will invest 9 trillion won ($6.3 billion) to build an artificial-intelligence data center, robot manufacturing complex and hydrogen production base in South Korea, accelerating its ...

Global asset manager BlackRock has bought a 30% stake in South Korea’s industrial gas supplier AirFirst Co. for 1.11 trillion won ($860 million) via its fourth infrastructure fund, according to people ...