S.Korea's Jan. bond issues on track for record $6 bn

S.Korea's Jan. bond issues on track for record $6 bn

South Korean companies are ramping up their local bond issuances to finance expansion into low-carbon and contactless platform businesses, with stro...

Behind the eye-popping numbers of LG Energy's IPO

Behind the eye-popping numbers of LG Energy's IPO

The initial public offering of South Korea's LG Energy Solution Ltd. drew a record 11,500 trillion won ($9.65 trillion) in bids from institutional i...

LG Innotek shares rise despite mixed brokerage views

LG Innotek shares rise despite mixed brokerage views

LG Innotek Co. stocks have been on a rising trend over the past three months and are trading at their highest-ever prices. However, there are mixed ...

Megazone Cloud to attract up to $336 mn for 2023 IPO

Megazone Cloud to attract up to $336 mn for 2023 IPO

Megazone Cloud Corp., a leading cloud service provider and the first Korean business partner of Amazon Web Service (AWS), plans to attract 300 billi...

One in 10 Koreans rushes for LG Energy shares ahead of $8.6 billion IPO

One in 10 Koreans rushes for LG Energy shares ahead of $8.6 billion IPO

The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. has set a new record for initial public offering demand, wit...

Kospi in lethargic trade ahead of LG Energy debut

Kospi in lethargic trade ahead of LG Energy debut

South Korea's benchmark stock index Kospi declined to its lowest closing level in one and a half months on Monday, moving in the opposite direction ...

Lotte acquires Chicago-based hotel for $36 mn K-style rebrand

Lotte acquires Chicago-based hotel for $36 mn K-style rebrand

Hotel Lotte Co., retail conglomerate Lotte Group’s luxury hotel operator, completed the acquisition of Kimpton Hotel Monaco in Chicago for $...

KTB PE earns 100% return from US brand sold to P&G

KTB PE earns 100% return from US brand sold to P&G

South Korea-based KTB Private Equity has earned a 100% return from Farmacy Beauty, just a year after its investment, following Procter & Gamble'...

POSCO to revive India steel mill construction plan

POSCO to revive India steel mill construction plan

POSCO Co. plans to build a steel mill jointly with India's Adani Group in western India, the South Korean steelmaker said on Thursday, after its pre...

MBK sells 10% stake to Dyal Capital for around $1 bn

MBK sells 10% stake to Dyal Capital for around $1 bn

North Asia-focused MBK Partners has agreed to sell a roughly 13% stake to Dyal Capital Partners for about $1 billion, according to a Bloomberg repor...

LG Energy IPO fever lifts Korea’s battery stocks

LG Energy IPO fever lifts Korea’s battery stocks

LG Energy Solution Ltd., the world’s No. 2 battery maker, attracted a record $9.65 trillion demand for South Korea’s largest-ever initia...

2022 Mercedes EQS EV comes with LG's flexible OLED

2022 Mercedes EQS EV comes with LG's flexible OLED

The 2022 models of Mercedes-Benz AG's electric vehicle EQS will be equipped with infotainment systems co-developed with LG Electronics Inc., the Sou...

LG Energy sets new IPO record with $9.65 trillion investor demand

LG Energy sets new IPO record with $9.65 trillion investor demand

LG Energy Solution Ltd., the world’s second-largest battery maker, has set a new record for an initial public offering with demand for its sha...

Hyundai Motor’s Alabama plant: World’s second most productive

Hyundai Motor’s Alabama plant: World’s second most productive

Hyundai Motor Co.'s US manufacturing plant in Montgomery, Alabama is the world’s second most productive assembly plant, contributing to the So...

The Princeton Review up for sale by Korean edutech firm

The Princeton Review up for sale by Korean edutech firm

South Korea's leading edutech service firm has put The Princeton Review up for sale, five years after it acquired the US college test preparation se...

SK Networks invests in AI-based US healthcare startup LVIS

SK Networks invests in AI-based US healthcare startup LVIS

South Korea’s SK Networks Co. said on Tuesday it joined a $15 million in Series B-2 funding for US healthcare startup LVIS Corp.LVIS, headquar...

Hanwha Solutions shares rebound to near 40,000 won mark 

Hanwha Solutions shares rebound to near 40,000 won mark 

Hanwha Solutions Corp. shares are rebounding after a two months-long slide. The bounce back comes on the back of expectations that its operating pro...

LG Energy takes on CATL as it prepares for Korea’s largest-ever IPO

LG Energy takes on CATL as it prepares for Korea’s largest-ever IPO

LG Energy Solution Ltd. has vowed to outrival the world’s top battery player CATL as the South Korean company is preparing for the country&rsq...

LG Household’s China strategy put to test as shares crash

LG Household’s China strategy put to test as shares crash

LG Household & Health Care Ltd.’s shares have been flying high since its market debut in 2001, and have more recently basked in the global...

SK invests $350 mn in US CDMO firm

SK invests $350 mn in US CDMO firm

SK Inc., the holding company of SK Group, announced Sunday that it invested $350 million into Pennsylvania-based Center for Breakthrough Medicines (...

Samsung sued by ex-patent chief over IP infringement

Samsung sued by ex-patent chief over IP infringement

A former vice president of Samsung Electronics Co., who led the South Korean tech giant's seven-year patent fight with Apple Inc., has sued his ex-e...

Hyundai to sell half of cars in US with eco-friendly models by 2030

Hyundai to sell half of cars in US with eco-friendly models by 2030

Hyundai Motor Co., South Korea’s top automaker, aims to sell half of the cars in the US with eco-friendly models by 2030, increasing sales of ...

Kospi short sales hit $639 mn amid rate hike woes

Kospi short sales hit $639 mn amid rate hike woes

Short selling on the Korean stock market is soaring rapidly on concerns over the US Fed Reserve’s interest rate hike. Particularly, a large ...

Carlyle buys $510 mn stake in Hyundai Glovis

Carlyle buys $510 mn stake in Hyundai Glovis

US private equity juggernaut The Carlyle Group Inc. has bought a 10% stake in Hyundai Glovis Co., worth approximately 611 billion won ($510 million)...

Samsung Electronics to open its eco-friendly tech to competitors

Samsung Electronics to open its eco-friendly tech to competitors

LAS VEGAS – Samsung Electronics Co. has announced that it will make its eco-friendly technologies openly available to its competitors as part ...

Hyundai Motor beats Honda in US for the first time in its 35 years there

Hyundai Motor beats Honda in US for the first time in its 35 years there

South Korea’s top automaker Hyundai Motor Group beat Japanese rival Honda Motor Co. in the US last year, for the first time in its 35 years of...

Self-driving car stocks to lead auto sector shares in 2022

Self-driving car stocks to lead auto sector shares in 2022

Self-driving car-related shares failed to draw attention last year as investors focused on electric vehicles and the autonomous vehicle value chain ...

LG Chem, China’s Huayou Cobalt to build battery metal JV in Korea

LG Chem, China’s Huayou Cobalt to build battery metal JV in Korea

South Korea’s top chemical maker LG Chem Ltd. will partner with China’s Zhejiang Huayou Cobalt Co. to launch a battery material joint ve...

Hyundai Heavy partners with Palantir for big data platform

Hyundai Heavy partners with Palantir for big data platform

South Korea’s Hyundai Heavy Industries Group joined forces with US data analytics firm Palantir Technologies Inc. to set up a big data platfor...

Korea’s CHA Biotech to triple US CDMO capacity

Korea’s CHA Biotech to triple US CDMO capacity

CHA Biotech, South Korea’s stem cell therapeutics developer, is set to expand its biomaterials contract development and manufacturing organiza...

Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders SK Innovation to restore Vietnam’s mangrove forests in ESG initiative LG Electronics' Q2 profit halves as US tariffs bite