SM Entertainment Co.’s Co-Chief Executive Officer Lee Sung-su said he will step down from his current role after a shareholder meeting in March, following turmoil caused by an escalating battle for control of the K-Pop entertainment giant.
Korean Air Lines Co.’s bid to acquire smaller South Korean rival Asiana Airlines Inc. for 1.8 trillion won ($1.4 billion) faces an in-depth merger review in the European Union after regulators expressed antitrust concerns.
BMC Software, a technology company owned by KKR & Co., has confidentially filed for an initial public offering, according to people with knowledge of the matter.
A few days before Russia’s invasion hits the one-year mark, Ukraine’s growing need for fresh military equipment and ammunition is dominating the conversation as world leaders gathered at the Munich Security Conference.
Traders are struggling to decide whether China’s markets have topped out, with those who invested early in the reopening trade reducing risks, while others who missed the boat wait for a March catalyst.
Signs are fast emerging that investors in Indian stocks are moving beyond the Adani Group’s woes. Local money managers are bullish on the outlook for the year ahead and overseas funds are starting to trickle back into the $3.1 trillion equity market.
A bunch of Pakistan’s biggest companies have halted operations in the past months as they ran out of raw materials or foreign exchange, or both, compounding the troubles of an economy that’s trying to avert a debt default.
Abbott Laboratories is facing another probe into its role in last year’s baby formula shortage that left millions of American families scrambling for vital nutrition products.
Leaders from Argentina’s divided Peronist ruling coalition are keeping the door open to Vice President Cristina Fernandez de Kirchner running for president in this year’s election, in what would amount to a shocking political U-turn.
Two former National Basketball Association players will spend years in federal prison after admitting to participating in a plan to defraud the league’s health care plan with false claims for medical and dental expenses.
