S.Korean President Lee, Japanese Prime Minister Ishiba seek closer ties

S.Korean President Lee, Japanese Prime Minister Ishiba seek closer ties

South Korea’s newly elected President Lee Jae-myung on Monday had his first official telephone conversation with Japanese Prime Minister Shige...

South Korea Inflation Flat in April, Possibly Paving Way for Policy Easing

South Korea Inflation Flat in April, Possibly Paving Way for Policy Easing

South Korea’s headline inflation remained flat in April, possibly paving the way for the central bank to loosen monetary policy further to sup...

POSCO Future M to make spherical graphite as it cuts dependence on China

POSCO Future M to make spherical graphite as it cuts dependence on China

POSCO Future M Co., South Korea’s leading battery materials maker, is set to manufacture spherical graphite – a critical material for ba...

HD Hyundai Heavy, HII team up for naval shipbuilding

HD Hyundai Heavy, HII team up for naval shipbuilding

HD Hyundai Heavy Industries Co. (HD HHI) and US naval shipbuilding leader Huntington Ingalls Industries Inc. (HII) have agreed to join hands to buil...

Hanwha Energy begins IPO process, key to 3rd-generation shift

Hanwha Energy begins IPO process, key to 3rd-generation shift

Hanwha Energy Corp., wholly owned by Hanwha Group Chairman Kim Seung-youn’s three sons, has embarked on the process of going public – a ...

Sono Hospitality becomes new owner of Korean budget carrier T’way Air

Sono Hospitality becomes new owner of Korean budget carrier T’way Air

South Korea’s top resort operator Sono Hospitality Group has emerged as the new owner of budget carrier T’way Air Co. by acquiring ...

LG Electronics hits record sales in India, paving way for 2025 IPO

LG Electronics hits record sales in India, paving way for 2025 IPO

LG Electronics Inc. posted its largest-ever sales in India in 2024, providing a boost to the planned initial public offering of its Indian unit this...

Sono Hospitality heralds proxy fight to control T’way Air

Sono Hospitality heralds proxy fight to control T’way Air

Sono Hospitality Group, South Korea’s top resort operator, has vowed to more actively horn in on the business of T'way Air Co., portending a p...

Hanmi Pharm’s chair poised to win management feud with her son

Hanmi Pharm’s chair poised to win management feud with her son

Hanmi Pharmaceutical Group Chairman Song Young-sook is poised to claim victory in a year-long dispute with her eldest son Lim Jong-yoon to take cont...

POSCO, Hancock seek to jointly build lithium plant

POSCO, Hancock seek to jointly build lithium plant

POSCO Holdings Inc. on Tuesday signed a memorandum of understanding with Hancock Prospecting, an Australian mining company, to build a plant to annu...

KB Asset parts ways with Dragon Capital in Vietnam

KB Asset parts ways with Dragon Capital in Vietnam

South Korea's KB Asset Management Co. ended its delegated management agreement for public funds with Vietnam's largest asset management company, Dra...

POSCO Int'l starts commissioning of Senex Energy gas facility

POSCO Int'l starts commissioning of Senex Energy gas facility

South Korea's POSCO International Corp. said on Monday it has begun commissioning its first gas processing facility at Senex Energy’s Atlas ...

Samsung Biologics wins $668 million CDMO deal with European pharma

Samsung Biologics wins $668 million CDMO deal with European pharma

Samsung Biologics Co., the world’s largest contract drugmaker, said on Wednesday it has signed two drug manufacturing contracts worth a combin...

Toyota, Hyundai agree to deepen ties in hydrogen, robotics

Toyota, Hyundai agree to deepen ties in hydrogen, robotics

Toyota Motor Corp. and Hyundai Motor Group agreed to deepen their partnership in developing future mobility technology, especially in hydrogen fuel-...

POSCO International eyes M&A in US natural gas market

POSCO International eyes M&A in US natural gas market

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...

HD Hyundai Heavy Industries gets AIP for 2,300 ton submarine

HD Hyundai Heavy Industries gets AIP for 2,300 ton submarine

South Korea's HD Hyundai Heavy Industries Co. said on Thursday it received Approval in Principle (AIP) for its 2,300-ton export submarine from the...

S.Korea’s T’way Air to introduce A330-900 Neo aircraft

S.Korea’s T’way Air to introduce A330-900 Neo aircraft

T'way Air Co. announced on Thursday that it will gradually introduce five new Airbus A330-900 Neo aircraft starting next year.T’way recently s...

Jeju Air seeks M&A, igniting race for top place in Korea's LCC market

Jeju Air seeks M&A, igniting race for top place in Korea's LCC market

Jeju Air Co., a leading South Korean low-cost carrier (LCC), will likely seek the acquisition and merger of a rival small airline operator amid inte...

HD KSOE partners with University of Michigan to foster US ship engineers

HD KSOE partners with University of Michigan to foster US ship engineers

South Korea’s HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has joined hands with the University of Michigan-Ann Arbor (UM) a...

Korea’s top resort operator Sono buys T'way stake for $76 mn

Korea’s top resort operator Sono buys T'way stake for $76 mn

South Korea’s top resort operator Sono International Co. has bought a stake in T'way Air Co., a local low-cost carrier (LCC), for 105.6 billio...

Hyundai Glovis enters LNG transport business with Woodside Scarlet Ibis

Hyundai Glovis enters LNG transport business with Woodside Scarlet Ibis

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, is entering the liquefied natural gas transportation business wit...

POSCO, Hancock to invest $432 mn in Senex's LNG production

POSCO, Hancock to invest $432 mn in Senex's LNG production

POSCO International Corp., the general trading and resources exploration unit of South Korean steel giant POSCO Holdings Inc., said on Tuesday that ...

Doosan Enerbility wins deal for fuel conversion project in Chile

Doosan Enerbility wins deal for fuel conversion project in Chile

South Korea's major power plant builder Doosan Enerbility Co. announced on Tuesday that it has won a contract for a fuel conversion project at a t...

MBK, Air Premia team up for Asiana’s cargo unit; Jeju Air exits

MBK, Air Premia team up for Asiana’s cargo unit; Jeju Air exits

South Korea's low-cost carrier Air Premia Inc. has teamed up with North Asia-focused private equity firm MBK Partners to win Asiana Airlines Inc.'s ...

K Enter moves step closer to Nasdaq listing in May

K Enter moves step closer to Nasdaq listing in May

K Enter Holdings Inc., an umbrella entity of South Korea-based entertainment companies creating original entertainment content and managing related ...

Korea’s POSCO Int’l to work on CCUS, hydrogen businesses

Korea’s POSCO Int’l to work on CCUS, hydrogen businesses

POSCO International Corp., the general trading and resources exploration subsidiary of South Korea’s steel giant POSCO Holdings Inc., aims to ...

Kolon Plastics to be rebranded as Kolon ENP

Kolon Plastics to be rebranded as Kolon ENP

Kolon Plastics Inc. announced on Thursday that it will change its name to Kolon ENP. The rebranding will be confirmed if approved at the regular sha...

POSCO Future M to import natural graphite from Africa

POSCO Future M to import natural graphite from Africa

South Korea’s only anode materials producer POSCO Future M Co. will import a maximum 60,000 tons of natural graphite products from Balama Grap...

Nature Republic opens first store at Dubai Mall

Nature Republic opens first store at Dubai Mall

South Korean beauty brand Nature Republic announced on Thursday that it opened its first store at Dubai Mall, the largest shopping mall in Dubai, ...

T’way, Air Premia to take off with Korean Air-Asiana merger

T’way, Air Premia to take off with Korean Air-Asiana merger

The proposed 1.8 trillion-won ($1.3 billion) merger between Korean Air Lines Co. and Asiana Airlines Inc. will offer a tailwind to South Korea&rsquo...

S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August Roborock’s privacy policy fuels data leak fears over Chinese goods Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs Kia to make, sell China-launched EV5 in Korea to keep top spot