POSCO Chem to build cathode factories in EU, US from 2022

POSCO Chemical Co., the secondary battery materials unit of POSCO, plans to ramp up its cathode production by building new plants in Europe and the ...

POSCO to build S.Korea’s first lithium plant by 2023

South Korea’s leading steelmaker POSCO will build the country’s first lithium extraction factory in Gwangyang, 300 km south of Seoul, al...

Posco Chemical to supply EV battery materials to GM-LG Energy JV

Posco Chemical Co., the secondary battery materials unit of POSCO, will supply anodes, a key material used in electric car batteries, to the joint v...

BOK to offer news-based weekly economic index

South Korea’s central bank will launch a new economic index based on analysis of online business news articles. The Bank of Korea said on Apr....

POSCO agrees on joint graphene cluster development

The steelmaker POSCO will lead in the creation of a graphene industry cluster in the city of Pohang, about 300km southeast of Seoul, where the compa...

Samsung says to overtake TSMC with efficient, right-time investment

Samsung Electronics Co. will make efficient and right-time investments to achieve economies of scale so that the world's largest memory chipmaker wi...

Coupang CEO: S.Korean e-commerce market 'isn't small,' offers robust growth potential

South Korea's e-commerce giant Coupang Corp. had a successful trading debut in New York on Thursday as its shares soared by 41% in their first sessi...

POSCO CEO enters 2nd term with focus on eco-friendly markets

South Korean steelmaker POSCO Co. will put its efforts into gaining dominance in new growth markets such as eco-friendly vehicles and steel bars use...

Hyundai Motor offers first peek at Staria minivan

Hyundai Motor Co. on Mar. 11 unveiled teaser images of its Staria minivan, part of the company’s new multi-purpose vehicle (MPV) lineup. This ...

SK, POSCO agree to develop new lightweight materials for future mobility

South Korea’s SK Global Chemical, a wholly owned subsidiary of SK Innovation, and POSCO have joined hands to develop steel and plastic composi...

POSCO's lithium reserves in Argentina soar to $31 bn

The value of lithium reserves at a salt lake in Argentina, which South Korean steelmaker POSCO acquired for $280 million in 2018, is estimated to ha...

Hyundai Motor, POSCO steelmaking tie-up to develop hydrogen tech

South Korea’s Hyundai Motor Co. and steel giant POSCO have agreed to jointly develop technology that uses hydrogen instead of coking coal to p...

Korean Air kicks off biggest-ever rights offer to finance Asiana takeover

Korean Air Lines Co. has kicked off its 3.3 trillion won ($3 billion) rights offering, the biggest amount ever by any South Korean company, to help ...

Hyundai Motor, POSCO tie up in hydrogen projects

South Korea’s Hyundai Motor Group and steel giant POSCO have agreed to cooperate in hydrogen-related projects and jointly explore overseas bus...

Hanwha Solutions to sell $1.3 bn new shares in clean energy push

Hanwha Solutions Corp. plans to raise 1.41 trillion won ($1.3 billion) in a rights offering next month following more than a five-fold jump in its s...

POSCO likely to see strong 2021 following weak yearly performance

POSCO, the world’s fifth-largest steelmaker, is set to return to a strong performance this year following a lackluster 2020 hit by the fallout...

KDB mulls sale of HMM to POSCO

South Korea's state-run bank is considering selling HMM Co., the country's largest container line, to steelmaker POSCO as the shipping industry expe...

POSCO acquires stake in Tanzania graphite mine to boost battery materials biz 

South Korea’s largest steelmaker POSCO's commitment to innovation and growth has been well demonstrated this year, as it wraps up acquisition ...

POSCO may see Q1 operating profit reach $900 mn

South Korea's largest steelmaker POSCO may see its operating profit climb to the 1 trillion won ($906 million) range as domestic steel companies e...

Seoul to offer $3 bn credit insurance on Saudi's megaprojects

Korea Trade Insurance Corp. (K-Sure) has agreed to provide $3 billion in trade credit insurance to Saudi Arabia to help South Korean companies win o...

Battery boom to drive POSCO Chem's $1.1 bn rights offering

South Korea-based POSCO Chemical Co. has begun preparations for its rights offering, to the delight of shareholders as the company’s share pri...

Kakao Bank wraps up $921 mn rights offering

South Korea's mobile-only bank has wrapped up its $920.5 million rights offering, placing the enterprise value at around 9.3 trillion won ($8.6 ...

POSCO Chem eyes No.1 spot in battery materials sector

South Korean steelmaker POSCO launched in 1968 with a mission to aid the country's economic growth through its steel business. True to its inten...

POSCO Chem becomes supplier for GM-LG Energy Solution JV

POSCO Chemical Co., a secondary battery materials unit under POSCO, saw its share price surge on announcing that it has secured a contract worth bil...

POSCO aims for top spot in EV battery materials market

Electric car batteries are often dubbed as "another semiconductor" in South Korea, a reference to the importance of semiconductor chips, key drive...

[ASK2020] Is now the right time to invest in UK real estate debt?

Nuveen, the investment management arm of TIAA, is one of the world’s largest investment managers with over US$1 trillion in AUM as of 30 J...

POSCO swings to Q3 operating profit vs Q2; steel demand on rise

POSCO, the world’s fifth-largest steelmaker, has swung to an operating profit in the third quarter from the second quarter, when it reported its...

LG Display and Disney partner to offer new viewing experiences

South Korea’s LG Display Co. and US-based StudioLAB have entered a three-year partnership that will combine the local display maker's innovative...

Star choreographer inspires in four-minute offerings

She's the choreographer of One Million Dance Studio with more than 20 million YouTube subscribers, choreographer of K-pop stars such as Hyo-ri Lee, Gi...

POSCO partners with ExxonMobil to target LNG storage tank materials market

POSCO, South Korea’s largest steel producer, will collaborate with US-based oil giant Exxon Mobil Corp. to develop liquefied natural gas (LNG) t...