First US steel mill

POSCO Group, which owns South Korea’s largest steelmaker, plans to invest an additional $1.09 billion, or 5 trillion won, in its lithium produ...

US private equity giants The Carlyle Group and Kohlberg Kravis Roberts & Co. (KKR) may have to give up on their acquisition plans of Medit Corp....

NEW YORK -- The Federal Reserve will not be able to stem rampant inflation in the US without an economic recession, former Boston Fed President Eric...

“The greatest danger that can befall us in coping with this problem of Soviet Communism is that we allow ourselves to become like those with w...

Samsung Electronics Co., the world’s top memory chipmaker, missed third-quarter earnings estimates on the weak semiconductor business and its ...

South Korea’s top auto parts maker Hyundai Mobis Co. will spend $1.3 billion until 2030 to build auto parts and module plants for electric veh...

SILICON VALLEY – Samsung Electronics Co. said on Monday it will adopt the industry’s most advanced 1.4-nanometer chip production technol...

Naver Corp. is set to take over US Poshmark Inc. for some $1.6 billion to make inroads into the e-commerce sector in North America as South Korea&rs...

A consortium led by South Korea’s Tiger Alternative Investors Co. and Los Angeles-based real estate firm Ocean West Capital Partners sold seve...

POSCO Holdings Inc., the holding company of South Korea’s largest steelmaker, expects its steel mill in the southern port city of Pohang flood...

South Korean conglomerates are increasingly looking overseas as bases of their artificial intelligence research centers to build strong networks wit...

SK On Co., the world’s fifth-largest electric vehicle battery maker, has signed a deal with an Australian lithium producer. Securing the core ...

South Korea’s Samsung Display Co. announced the world’s first 17-inch slidable display PC prototype at the Intel Innovation developer co...

South Korea’s fourth-largest conglomerate LG is rapidly embracing environmental, social and governance standards as key criteria in evaluating...

Korea Investment & Securities Co., a subsidiary of Korea Investment Holdings, announced on Wednesday that it has formed a joint venture with Mis...

Celltrion Inc. secured Japan’s approval for sales of its cancer treatment biosimilar CT-P16, a move to help the South Korean biopharmaceutical...

Samsung Electronics Co., the world’s largest memory chipmaker, is heading to the US next month to scout semiconductor research and development...

South Korea’s major telecom company SK Telecom Co. has adopted a virtual human to feature in one of its commercial ads for the first time in t...

The leaders of Japan and South Korea held their first bilateral meeting in nearly three years, another step toward recovery for frayed ties between tw...

South Korean auto parts maker Hyundai Mobis Co.’s CEO Cho Sung-hwan has been elected as the next president of the International Organization f...

The US decision to remove tax incentives for cars produced outside North America may violate World Trade Organization (WTO) provisions and could be ...

SK Group Chairman Chey Tae-won says that survival now takes top priority over profits and management efficiency as escalating tensions between the U...

Samsung Electronics Co., South Korea’s tech behemoth, agreed to supply 5G telecommunication equipment to US media giant Comcast Corp.Samsung s...

Korea Advanced Institute of Science and Technology (KAIST), South Korea's most prestigious national research university, and New York University wil...

NEW YORK – The South Korean government is poised to tap into its fund of funds to form a joint investment fund with venture capital firms in t...

South Korea’s P&O Chemical is set to build the country’s first high-softening-point pitch manufacturing facilities with 15,000 tons ...

SK On Co., the world’s fifth-largest rechargeable battery maker, has sweetened its deal to attract 2 trillion won ($1.4 billion) in new share ...

South Korea’s Hyundai Heavy Industries Group said on Wednesday that it has signed a contract with Palantir Technologies Inc., a US data analyt...

The US Inflation Reduction Act (IRA) appears to have violated the Free Trade Agreement (FTA) between the country and South Korea, Korean Prime Minis...

South Korea had sold a net $18.9 billion of US Treasury bonds in the first seven months of this year, data showed, as foreign exchange authorities w...