A K-beauty showdown is brewing in the world’s largest cosmetics market. Sephora and Ulta Beauty are racing to lock in exclusive deals with South Korea’s hottest skincare and cosmetics brands, ...

South Korean police have launched a probe into Kakao Pay Corp.'s transfer of 40 million of its users’ information to Chinese ...

US Commerce Secretary Howard Lutnick has publicly urged Samsung Electronics Co. and SK Hynix Inc. to expand memory chip manufacturing in the US to address a global shortage in components critical to ...

Hanwha Systems Co. has joined its sibling, Hanwha Aerospace Co., in increasing its stake in Korea Aerospace Industries Ltd., fueling speculation that Hanwha Gr ...

Asia-focused private equity firm MBK Partners is acquiring Medit Corp., the world’s third-largest 3D dental scanner maker, for 2.45 trillion won ($2 billion). MBK on Thursday signed a share purchase ...

South Korea's defense shipbuilders are shifting their focus to the US naval procurement market, estimated to be worth more than $1 trillion over the next three decades, after narrowly losing Canada's ...

SK Hynix Inc. has secured Nvidia Corp., Microsoft Corp. and Broadcom Inc. as key clients of its customized high-bandwidth memory (HBM), positioning the South Korean chipmaker at the forefront of both ...

South Korea’s Financial Supervisory Service (FSS) on Nov. 21 issued MBK Partners a prior notice of disciplinary action, including a potential suspension of new business, according to people familiar ...

The National Pension Service's (NPS) alternative investment committee has rejected its real estate investment division's proposal to replace IGIS Asset Managem ...

A consortium of Kohlberg Kravis Roberts (KKR) and its Seoul-based real estate investment arm Kreate Asset Management has been picked as the preferred buyer of Brookfield Cheongna Logistics Center in ...

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 ...

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Thursday its 7.2 trillion won ($5.5 billion) battery complex in Arizona is on track to completion in two years, further ...