Hanwha acquires Indonesian bank, first foreign banking venture by Korean insurer

Hanwha acquires Indonesian bank, first foreign banking venture by Korean insurer

Hanwha Life Insurance Co. has become the first South Korean insurance firm to advance into the overseas banking sector by securing a controlling sta...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome

Hanwha Systems Co. is preparing to muscle into a strategic stronghold of South Korea’s missile defense industry, challenging long-time rival L...

Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge

Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge

Chung Yong-jin, chairman of South Korea’s retail giant Shinsegae Inc., is likely to head the Asian operations of the Rockbridge Network, a gro...

Miri Capital closes in on STIC Investments chairman’s stake

Miri Capital closes in on STIC Investments chairman’s stake

Miri Capital Management LLC has steadily raised its stake in STIC Investments Inc., narrowing the ownership gap with the firm’s founder and Ch...

Hanwha Ocean to team up with Polish shipyards for Navy project bid

Hanwha Ocean to team up with Polish shipyards for Navy project bid

Hanwha Ocean Co. is ramping up efforts to win Poland's highly competitive next-generation submarine project, worth around 3 trillion won ($2.2 billi...

Hanwha Aerospace to build defense plant in Germany as European base

Hanwha Aerospace to build defense plant in Germany as European base

Hanwha Aerospace Co. plans to build a precision missile manufacturing plant in Germany as part of its global strategy to expand its presence across ...

Hanwha Q Cells eyes tandem cell mass production in 2027

Hanwha Q Cells eyes tandem cell mass production in 2027

Hanwha Q Cells Co., the solar panel manufacturing unit of South Korea's Hanwha Solutions Corp., is expected to commercialize tandem modules by 2027,...

Bill Clinton in Seoul to meet with MBK's ByungJu Kim, business leaders

Bill Clinton in Seoul to meet with MBK's ByungJu Kim, business leaders

Michael ByungJu Kim, co-founder, partner and chairman of Seoul-based private equity firm MBK Partners Ltd., is set to meet with former US President ...

Hanwha Philly Shipyard to localize LNG builds, expand capacity

Hanwha Philly Shipyard to localize LNG builds, expand capacity

Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to transform the facility...

S.Korea’s Naver to launch Silicon Valley venture arm in aggressive AI push

S.Korea’s Naver to launch Silicon Valley venture arm in aggressive AI push

Naver Corp., South Korea’s top internet portal operator, plans to set up a dedicated venture capital arm in Silicon Valley in a move seen as a...

Hanwha acquires Ourhome for $622 million in push to revive food business

Hanwha acquires Ourhome for $622 million in push to revive food business

South Korea’s Hanwha Group has completed the acquisition of the country’s No. 2 food service and catering company Ourhome Ltd. for 869.5...

Hanwha's 'Sea Ghost' makes waves as Greece eyes unmanned naval tech

Hanwha's 'Sea Ghost' makes waves as Greece eyes unmanned naval tech

GEOJE, South Korea – Under a slate-grey sky at the quiet port of Jangmok on South Korea’s southern coast, a sleek, 12-meter vessel slipp...

Korean firms rush to issue bonds ahead of presidential election

Korean firms rush to issue bonds ahead of presidential election

South Korean companies are flocking to the corporate bond market ahead of the country’s presidential election early next month, seeking to loc...

Hanjin KAL roars on hints of renewed control dispute with Hoban

Hanjin KAL roars on hints of renewed control dispute with Hoban

Shares of Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., extended their rally Wednesday after surging by the ...

Hanwha Ocean shares sink after KDB's sale of 4.2% stake

Hanwha Ocean shares sink after KDB's sale of 4.2% stake

Investors rushed to dump Hanwha Ocean Co. shares early Tuesday after its second-largest shareholder, Korea Development Bank, cashed in on a 4.2% sta...

HD KSOE secures $1.8 bn in container ship orders

HD KSOE secures $1.8 bn in container ship orders

HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) secured orders for 22 container ships worth a total of 2.54 trillion won ($1.8 billion) ...

Mirae Asset bets on China as Korean investors’ US focus draws concern

Mirae Asset bets on China as Korean investors’ US focus draws concern

South Korea’s leading asset manager Mirae Asset Financial Group is increasingly unveiling China-focused investment products as Chairman P...

Samsung SDI, Hanwha Ocean to usher in battery-driven submarine era

Samsung SDI, Hanwha Ocean to usher in battery-driven submarine era

Hanwha Ocean Co. and Samsung SDI Co. will start evaluating their jointly developed lithium-ion battery system for a submarine with South Korea&rsquo...

With domestic dockyards fully booked, Korean shipbuilders turn overseas

With domestic dockyards fully booked, Korean shipbuilders turn overseas

As order books swell amid green shipping mandates, LNG demand and military naval modernization, South Korean shipbuilders are extending their global...

SK chairman in Taiwan to deepen ties with TSMC

SK chairman in Taiwan to deepen ties with TSMC

Chey Tae-won, chairman of SK Group, the parent of SK Hynix Inc., is visiting Taiwan amid the threat of escalating US tariff threats, suggesting the ...

Hanwha Aerospace slashes planned rights offering size to $1.6 billion

Hanwha Aerospace slashes planned rights offering size to $1.6 billion

Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 tril...

Korea Zinc faces multiple legal, regulatory challenges in fight against MBK

Korea Zinc faces multiple legal, regulatory challenges in fight against MBK

Korea Zinc Inc. Chairman Choi Yun-birm appears to have kept his grip on the world’s largest zinc smelter after successfully fending off an MBK...

Hanwha Aerospace signs $254 million deal to supply K9 howitzers to India

Hanwha Aerospace signs $254 million deal to supply K9 howitzers to India

Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it has signed a 370 billion won ($254 million) deal to supply K9 self...

MBK sees better exit landscape in 2025, bets on governance reform

MBK sees better exit landscape in 2025, bets on governance reform

MBK Partners sees a recovery in the exit environment in 2025 and seeks to capitalize on the opportunities emerging from corporate governance reform ...

Hanwha Aerospace, General Atomics to build unmanned aerial vehicles

Hanwha Aerospace, General Atomics to build unmanned aerial vehicles

Hanwha Aerospace Co., a leading South Korean defense company, has joined forces with US-based General Atomics Aeronautical Systems Inc. (GA-ASI) to ...

Hanwha gears up for 3rd-generation leadership with chairman’s stake gift

Hanwha gears up for 3rd-generation leadership with chairman’s stake gift

South Korea’s chemical-to-defense conglomerate Hanwha Group Chairman Kim Seung-youn will hand over half of his holdings in the conglomerate&rs...

Samsung Chairman Lee meets with Xiaomi CEO Lei Jun for partnership

Samsung Chairman Lee meets with Xiaomi CEO Lei Jun for partnership

BEIJING – Samsung Electronics Co. Chairman Lee Jae-yong has met with Xiaomi Inc. Chief Executive Lei Jun in the Chinese capital, raising specu...

Hanwha Aerospace plans record $2.5 bn rights offering for plant expansion

Hanwha Aerospace plans record $2.5 bn rights offering for plant expansion

Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through ...

S.Korea’s Hanwha acquires 9.9% in Australia’s Austal

S.Korea’s Hanwha acquires 9.9% in Australia’s Austal

South Korean chemicals-to-defense conglomerate Hanwha Group has taken a 9.9% stake in Austal Ltd., an Australian shipbuilder, for 183.3 million Aust...

Hanwha wins $1.6 billion order to build 6 container ships for Evergreen

Hanwha wins $1.6 billion order to build 6 container ships for Evergreen

Hanwha Ocean Co., a leading South Korean shipbuilder, said on Monday it has won a 2.33 trillion won ($1.61 billion) order to build six eco-friendly,...

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold IMM Credit closes $700 mn blind credit fund backed by NPS BOK chief warns household debt near tipping point, keeps rates steady