LG links up with Chinese rivals for budget appliance supremacy

LG Electronics Inc. has turned its rivals into allies in an unlikely pact to win the budget appliance war and ward off Chinese competitors rapidly e...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet

South Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomo...

Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna

Shinsegae Property, a subsidiary of South Korean retail giant Shinsegae Group, on Tuesday unveiled a 600 billion won ($438 million) investment agree...

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...

NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1

NH Investment & Securities Co. retained its lead in South Korea’s equity capital market (ECM) in the first half, riding a surge in large-s...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel

JKL Partners Inc., a Seoul-based private equity firm, is set to acquire London Bagel Museum, a growing sensation in South Korea’s booming prem...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT, others in talks

Douzone Bizon Co., South Korea’s leading homegrown enterprise software firm and the country’s No. 2 player in the enterprise resource pl...

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...

Calls grow for stronger LP oversight in national strategic asset M&As

MBK Partners’ takeover attempt of Korea Zinc Inc. has exposed the vulnerability of national strategic assets to private equity ownership, posi...

Affirma Capital to acquire Equis’ Korean waste assets for $294 million

Affirma Capital, a Singapore-headquartered buyout private equity firm, has agreed to acquire the entire portfolio of South Korean waste processing a...

Miri Capital closes in on STIC Investments chairman’s stake

Miri Capital Management LLC has steadily raised its stake in STIC Investments Inc., narrowing the ownership gap with the firm’s founder and Ch...

Partners Group sees infrastructure secondaries quadrupling to $60 bn

Infrastructure secondaries are gaining momentum as the infrastructure sector attracts investors seeking stable and predictable returns amid heighten...

Seoul, once-rising art hub, feels pinch of global strains  

In Seoul’s Hannam district, the storefront that once housed Various Small Fires (VSF) now sits empty, a “For Rent” sign taped to i...

KT&G seeks $200 mn acquisition of Nordic nicotine pouch maker

KT&G Corp. is in talks to acquire a leading nicotine pouch company in Northern Europe for about 300 billion won, or  $200 million, investme...

South Korea’s startup M&A winter deepens capital bottleneck  

South Korea’s startup M&A winter has deepened as once major investors like conglomerates are prioritizing restructuring over expansion, ch...

LG Energy, Samsung SDI to build 1st US LFP battery plants with GM

In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – LG Energy Solut...

Korea’s KT signs $95 million AI partnership with Vietnam’s Viettel Group

South Korea’s leading telecommunications service provider KT Corp. said on Tuesday it has signed a 130 billion won ($95 million) strategic par...

NPS, KIC step up focus on mid-market infrastructure

The National Pension Service (NPS) and Korea Investment Corp. (KIC) are actively exploring mid-market infrastructure opportunities as they are expec...

Shinsegae, Ascent Equity Partners weigh acquisition of C&C International

South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...

Google partners with Samsung, Gentle Monster for new smart glasses

SILICON VALLEY – Google LLC is making a renewed push into the smart glasses market in partnership with South Korea’s Samsung Electronics...

Korean financial firms launch global IR blitz to woo foreign capital  

Chiefs of South Korea’s major financial groups – Shinhan, Woori and iM – are ramping up global investor outreach with new sharehol...

NPS boosts allocation to direct lending, secondaries

The National Pension Service (NPS), the world’s third-largest pension fund, has been further diversifying its portfolio through increased expo...

Bain Capital sells 6% stake in Korea’s Classys via block deal for $163 million

Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($16...

Seoul-backed K-beauty brands set to make global mark

As Korean beauty products continue to captivate global consumers, five Seoul-based cosmetics and wellness companies are gearing up to penetrate deep...

Korea’s Sono to sell Air Premia stake to focus on another LCC

South Korea's top resort operator Sono Hospitality Group has decided to sell its entire stake in low-cost carrier (LCC) Air Premia Inc. at a profit ...

US tariffs add risk premium to dollar assets: Maurice Obstfeld

WASHINGTON, D.C. – The US tariff increases are adding risk premiums to dollar-denominated assets, undermining the dollar’s role as a glo...

KT&G eyes overseas M&A after rejecting activist fund's offer

KT&G Corp., South Korea’s dominant tobacco and ginseng producer, is seeking to acquire a Japanese ginseng company after dismissing a 1.9-t...

Activist fund Oasis boosts Korea team amid investor-friendly policy shift

Hong Kong-based activist fund Oasis Management is ramping up hiring for its Korea team as Seoul’s push to boost corporate value and strengthen...

Korea not to appeal ruling in favor of Mason Capital in Samsung case

South Korea said on Friday it has decided not to appeal a Singaporean court’s rejection of its lawsuit to annul an investor-state dispute sett...

US PE firm Miri Capital ups stake in Korea’s STIC Investments

US private equity firm Miri Capital Management LLC said on Tuesday it has raised its stake in STIC Investments Inc. to step up its shareholder activ...