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South Korea says ordered to pay Elliott $48.49 million over Samsung merger case

By: Reuters
1 October 2026 at 00:21
South Korea has been ordered to pay Elliott Investment Management about $48.49 million plus interest after an arbitration tribunal ruled the government's involvement in the 2015 merger of Samsung C&T and Cheil Industries β€Œwas causally linked to the US fund's losses, Seoul's Justice Ministry said on Thursday.

What is Alaska LNG and why does the project face doubts?

By: Reuters
30 September 2026 at 08:56
President Donald Trump could unveil plans as soon as Wednesday to tap South Korea's pledged strategic investment package for about $54 billion to build a liquefied natural gas project in Alaska, as he rolls out a series of economic initiatives ahead of November's midterm elections.
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