Hyundai inks deal to build first overseas hydrogen fuel cell plant in China

Hyundai inks deal to build first overseas hydrogen fuel cell plant in China

Hyundai Motor Co. has signed a contract to build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to en...

SKC in talks to sell stake in PET film-making China unit

 SKC in talks to sell stake in PET film-making China unit

SKC Ltd. of South Korea’s SK Group is in negotiations to sell a stake in its polyester (PET) film unit in China, which it values at 150 billio...

SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power

SK Group inks $1.5 bn deal to acquire US hydrogen fuel cell maker Plug Power

South Korea’s SK Group has signed a $1.5 billion deal to acquire a controlling stake in US hydrogen fuel cell maker Plug Power Inc. and launch...

Hyundai Motor to build first overseas hydrogen fuel cell plant in China

Hyundai Motor to build first overseas hydrogen fuel cell plant in China

Hyundai Motor Co. will build its first overseas hydrogen fuel cell systems plant in China as the South Korean company aims to enter the world’...

Hyundai-Daewoo shipbuilding merger wins China approval, awaiting EU

Hyundai-Daewoo shipbuilding merger wins China approval, awaiting EU

China has granted unconditional approval of the world’s largest shipbuilder Hyundai Heavy Industries Group’s acquisition of hometown riv...

SK Innovation partners with EVE to launch third battery plant in China

SK Innovation partners with EVE to launch third battery plant in China

South Korea-based SK Innovation Co. has entered into a joint venture with Chinese battery maker EVE Energy Co. to set up a third battery plant in Ch...

Three Korean consortiums in final bid for Hanjin Heavy

Three Korean consortiums in final bid for Hanjin Heavy

South Korea’s Hanjin Heavy Industries & Construction Co. has drawn three final bidding groups comprised of domestic companies and private ...

LG Chem to power Wuxi plant with renewable energy bought from China

LG Chem to power Wuxi plant with renewable energy bought from China

South Korea's LG Chem Ltd. says it will power its battery component plant in China with renewable energy as part of its goal to be carbon neutral by...

Seoul shares tipped to benefit from global indices' China exclusions

Seoul shares tipped to benefit from global indices' China exclusions

Global index providers' recent decisions to remove Chinese companies from their benchmarks are expected to draw additional global and institutional ...

Hyundai Motor says group chief to buy 20% of Boston Dynamics

Hyundai Motor says group chief to buy 20% of Boston Dynamics

Hyundai Motor Group Chairman Chung Euisun has agreed to take a 20% stake in Boston Dynamics Inc. as part of the South Korean group’s acquisiti...

Korea’s KIP eyes Europe, China VC fund launches in 2021

Korea’s KIP eyes Europe, China VC fund launches in 2021

Korea Investment Partners Co. (KIP), South Korea’s largest venture capital firm, is aiming to launch two overseas investment funds next year &...

MBK looks to exit China’s Apex Logistics for $1 bn

MBK looks to exit China’s Apex Logistics for $1 bn

MBK Partners has begun the process to sell Apex Logistics, China’s leading air freight company, for about 10 times the amount of its investmen...

S.Korean games, entertainment eye China return after 3-year ban

S.Korean games, entertainment eye China return after 3-year ban

South Korea's game and entertainment companies saw their share prices surge on rising expectations of a return to the Chinese market after a Korea...

MBK buys $228 mn stake in China’s No. 1 car rental firm

MBK buys $228 mn stake in China’s No. 1 car rental firm

MBK Partners has now become the second-largest shareholder in both of China’s two biggest rental car companies after purchasing a 20.86% stake...

Mirae Asset wins lawsuit against China’s Anbang over $5.8 bn US hotel deal

Mirae Asset wins lawsuit against China’s Anbang over $5.8 bn US hotel deal

Mirae Asset Global Investments Co. will be able to recover a $580 million deposit it paid to Anbang Insurance Group for a $5.8 billion deal to buy 1...

LG Chem, China’s CATL neck and neck in race for top battery player’s spot

LG Chem, China’s CATL neck and neck in race for top battery player’s spot

Global competition for the world’s top spot for the manufacture of electric-vehicle batteries is getting fiercer as major players in South Kor...

LG to hive off trading, four other units into new group

 LG to hive off trading, four other units into new group

South Korea’s fourth-largest conglomerate LG Group will split off its trading arm LG International Corp. and four other non-core units into a ...

SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot

SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot

SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the wor...

LG Group ex-chair eyes spin-off of trading, logistics units

LG Group ex-chair eyes spin-off of trading, logistics units

LG Group’s ex-Vice Chairman and senior advisor Koo Bon-joon is in talks to take the trading arm LG International Corp. and other non-core units ...

SK Group mulls headquarters buyback through REIT

SK Group mulls headquarters buyback through REIT

Energy-to-telecom-focused SK Group is considering buying back its headquarters in Seoul through a real estate investment trust (REIT) vehicle after th...

Hyundai Motor, SP Group to expand EV battery business in Singapore

Hyundai Motor, SP Group to expand EV battery business in Singapore

Hyundai Motor Co. is seeking to expand its electrice vehicle battery business in Southeast Asia in cooperation with Singapore’s state-run utilit...

Hyundai Motor eyes entry into China’s hydrogen truck market, signs MOU

Hyundai Motor eyes entry into China’s hydrogen truck market, signs MOU

Hyundai Motor Co. has signed two initial agreements with several Chinese companies toward establishing business platforms for hydrogen trucks in China...

Hyundai Corp to rival China's CRCC in bid for $18 bn Ukrainian infra deal

Hyundai Corp to rival China's CRCC in bid for $18 bn Ukrainian infra deal

South Korea’s trading company Hyundai Corporation will face China’s Railway Construction Corporate (CRCC) in a bid to secure an $18 billio...

Why Korea struggles to manage the US, China

Why Korea struggles to manage the US, China

As the United States and China fight like proverbial whales in the ocean, middle power dolphins like South Korea must strategize to avoid being crushe...

US-China tensions push S. Korea to find middle way

US-China tensions push S. Korea to find middle way

The US and China trade disputes are unlikely to fade, whoever wins the Nov. 3 US presidential election, and South Korea needs to find a middle way bet...

Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal

Hyundai Heavy, and five other Korean groups shortlisted for Doosan Infracore deal

Doosan Group has shortlisted six bidders, including Hyundai Heavy Industries Holdings Co., and four local private equity groups, to acquire a controll...

China’s CATL poised to overtake LG Chem as top EV battery maker

China’s CATL poised to overtake LG Chem as top EV battery maker

Global competition for the world’s top spot for the manufacture of rechargeable batteries is getting fiercer as China is stepping up efforts to ...

Credit Suisse lead-manages Doosan Group’s restructuring deals

Credit Suisse lead-manages Doosan Group’s restructuring deals

Credit Suisse handled three restructuring deals worth a combined 1.2 trillion won ($1 billion) for South Korea’s Doosan Group and 1.5 trillion w...

Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market

Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market

Lotte Group will commit 300 billion won ($257.5 million) to Doosan Solus Co., a battery copper foil and OLED materials maker acquired by SkyLake Inves...

Kumho Asiana Group eyes sale of affiliate golf course and resort

Kumho Asiana Group eyes sale of affiliate golf course and resort

Kumho Asiana Group, the parent company of cash-strapped Asiana Airlines Inc., plans to put up affiliate Kumho Resort for sale as part of self-rescue m...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal