Blackstone Arc Place

“If you’re going to San Francisco, be sure to wear some flowers in your hair,” as Scott McKenzie sang in the late 1960s and 70s.If...

The top five imported car brands in South Korea underwent a major shake-up last year. BMW overtook Mercedes-Benz in sales for the first time in a de...

The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems h...

Singapore sovereign wealth fund GIC Pte. has been given priority rights to buy three hotels valued at more than 600 billion won ($413 million) toget...

The global real estate market is poised for a recovery, led by industrial warehouses, residential facilities and data centers benefiting from declin...

South Korea’s top financial regulator has proposed loosening restrictions on financial holding companies’ ownership of fintech platforms...

The Seoul office market bounced back for the first time in four years in 2024, with transaction volume soaring 78.7% to 13.4 trillion won ($9.1 bill...

Blackstone, Carlyle Group and MBK Partners have joined the race to purchase the bio business of CJ CheilJedang Corp., the world’s largest prod...

Seoul-based Kamur Private Equity has signed a definitive agreement to sell a majority stake in South Korean industrial cutting tool manufacturer JJ ...

South Korea's LG Energy Solution Ltd. was selected as the top company for battery quality in China, surpassing Chinese battery manufacturers CATL an...

Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, has decided to separate its non-core units to concentrate on the defen...

Jeju Air Co., a leading South Korean low-cost carrier (LCC), will likely seek the acquisition and merger of a rival small airline operator amid inte...

UBS Group AG topped the South Korean mergers and acquisitions (M&A) league table in the second quarter as the global investment bank worked on m...

Samsung Securities Co., the brokerage unit of South Korea’s top conglomerate Samsung Group, suffered system errors on its servers on Monday mo...

South Korea's Hyundai Glovis Co. will establish a management system for used electric vehicle (EV) batteries in Jeju Island. The company anno...

LG Electronics Inc. swept the top three spots in the major categories of the US Consumer Reports Best Washing Machines of 2024 evaluation.The evalua...

Private equity giant Blackstone Inc. is set to mark its first exit from South Korea by selling a 71.25% stake in the holding firm of Geo-Young Corp....

South Korea’s SK Hynix Inc. said on Friday it is partnering with Taiwan Semiconductor Manufacturing Co. (TSMC) to jointly develop next-generat...

Blackstone Inc. completed selling off Arc Place, a prime office building located in Seoul's upscale Gangnam area, to Koramco REITs Management and Tr...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is slated to vote in favor of the KT&G Corp. b...

LG Electronics Inc. has dominated the top positions in the latest ratings for the best front-load washing machines conducted by Consumer Reports, a ...

South Korea’s Lotte Chemical Corp. announced on Monday its commencement of commercial production at the plant of Hydroxy Ethyl Cellulose (prod...

Hyundai Motor Group announced on Monday that Thierry Neuville of the Hyundai team secured the first-place victory at the Monte Carlo Rally, the inau...

South Korea’s LG Electronics Inc. is highly recognized for its TV sound systems in the US, the world’s largest home appliance market. Ea...

LIG Nex1 Co., a South Korean weapons system developer, has agreed to buy a 60% stake in Ghost Robotics Corp (GRC), a Philadelphia-based robot develo...

South Korean shipbuilders slid to second place in new shipbuilding orders last month, yielding the top spot back to their Chinese rivals.According t...

South Korea’s food, cosmetics and retail companies, heavily reliant on domestic sales, are slimming down their workforce to survive a prolonge...

Korea Hydro and Nuclear Power Co. (KHNP) said on Wednesday it has signed a non-binding agreement with ARC Clean Technology Canada Inc. and New Bruns...

TikTok announced on Friday that it will hold its first-ever offline live concert, "TikTok Stage The Shout," in South Korea on the 9th of next month....

Blackstone Inc. has tapped South Korea’s Koramco REITs Management and Trust Co. as the preferred bidder for prime office building Arc Place, t...