Machine Translation-Post Edit (MT-PE)

Asia-focused Orchestra Private Equity agreed on Wednesday to buy a 100% stake in the South Korean operations of fast food chain KFC for around 60 bi...

Hyundai Transys Co., a Hyundai Motor Group unit that makes powertrains and seats, said on Wednesday that it is estimated to have achieved record-hig...

South Korea in November last year suffered its second current account deficit in three months due to plummeting exports of key items like semiconduc...

South Korea’s two leading automakers – Hyundai Motor Co. and Kia Corp. – are solidifying their presence in India, a fast-growing A...

Hanmi Pharmaceutical Co. said on Monday that it had signed an agreement with Euclid Medical Products, a company specializing in manufacturing drug d...

South Korean battery maker LG Energy Solution Ltd. posted its largest-ever profit in 2022, driven by strong sales after its US joint venture with Ge...

LG Electronics Inc. swept this year's top spot in all major categories of best washing machines evaluated by Consumer Reports, a leading US consum...

South Korean private equity firm VIG Partners has acquired a 100% stake in low-cost carrier (LCC) Eastar Jet Co., the asset manager said on Jan. 6. ...

LAS VEGAS – South Korean media platform startup Muzlive Inc. showcased KiTs of K-pop girl group Blackpink, singer-songwriter Jason Mraz and ot...

Kream, a customer-to-customer (C2C) platform for buying and selling limited-edition sneakers, is slated to close the Series C round with a 200 bil...

Hyundai Home Shopping Network Corp., a TV shopping channel operator owned by South Korea's Hyundai Department Store Group, said on Dec. 26 it will s...

South Korea's major holding companies are expected to set higher dividends per share (DPS) at end-2022 than in previous years, a Samsung Securi...

Private equity giant KKR & Co. is slated to buy a 100% stake in Busan City Gas Co., wholly owned by South Korean energy company SK E&S Co., ...

South Korea’s Glenwood Private Equity is set to take legal action against Hong Kong-based Baring Private Equity Partner over the cancellation ...

South Korean private equity firm Hahn & Co. is set to sell a majority stake in local used-car trading platform K Car Co. as its initial public o...

South Korean private equity firm Curious Partners has recently completed selling an undelivered drillship constructed by Samsung Heavy Industries Co...

South Korea's Hyundai Heavy Industries Group has created the position of chief artificial intelligence (AI) officer (CAIO) to propel a major busines...

South Korean private equity firm Hahn & Co. has completed a 1.6 trillion won ($1.2 billion) deal to wholly acquire the industrial film business ...

MBK Partners Ltd., alongside Deutsche Bank AG and other four investment firms, has acquired $1.3 billion worth of distressed debts in auto-parts sup...

Hyundai Mobis has demonstrated a forklift powered by the company's self-developed hydrogen fuel cells, heightening prospects of the hydrogen mobilit...

Korean telecom giant LG Uplus Corp. on Tuesday said it will develop a smart factory solution for small and medium enterprises (SMEs) jointly with th...

National Pension Service (NPS) of South Korea said Tuesday it saw a cumulative loss of 7.1% on investment, or 68 trillion won ($51.3 billion), betwe...

As the contract chip manufacturing, or foundry, business is quickly emerging as the next battlefield for the world’s major chipmakers, The Korea...

South Korea’s state-run Korea Development Bank (KDB) is poised to accelerate the selling off of its affiliate KDB Life Insurance Co. next week...

Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund managing 917.2 trillion won ($692 billion) in asset...

SK Signet Inc., the electric vehicle (EV) charging arm of SK Inc., announced on Monday that it will supply the upcoming G20 summit with 37 ultra-fas...

South Korean SK Biopharmaceuticals' epilepsy treatment Cenobamate has seen rapid growth on the US market.The company on Thursday said the medic...

South Korean private equity (PE) firms are having trouble fundraising as institutional investors' capital for new investment is drying up amid inter...

South Korea's Coupang CEO Kim Bom-seok has kept his promise, with his online shopping giant posting its first surplus in eight years since introduci...