Hanwha seeks more M&A targets: Group’s heir apparent

Hanwha seeks more M&A targets: Group’s heir apparent

Hanwha, the South Korean chemicals-to-financial conglomerate, has been a key player in the M&A market with a series of acquisitions in recent ye...

Philippines LCS Group to invest more in Korea tourism

Philippines LCS Group to invest more in Korea tourism

The Philippines LCS Group of Companies plans to expand investment in South Korea’s tourism as the Northeast Asian country is expected to attra...

KOGAS, Hanwha-led group to build Vietnam LNG power plant

KOGAS, Hanwha-led group to build Vietnam LNG power plant

Korea Gas Corp. (KOGAS) and Hanwha Energy Corp.-led group was set to build a $4.8 billion liquefied natural gas (LNG) power plant in Vietnam that is...

Software giant Hancom joins space race with satellite launch

Software giant Hancom joins space race with satellite launch

South Korean software and ICT conglomerate Hancom Group will be the first private company in the country to launch a micro-satellite, or a satellite...

SK E&S eyes $30 billion corporate value as top hydrogen company

SK E&S eyes $30 billion corporate value as top hydrogen company

SK E&S Co., the natural gas business unit of SK Group, aims to turn into an eco-friendly company with an enterprise value of 35 trillion won ($3...

Philippines LCS Group to join $1.7 bn Korean resort project

Philippines LCS Group to join $1.7 bn Korean resort project

The Philippines LCS Group of Companies agreed to join a $1.7 billion resort development in South Korea, marking the first firm from the Southeast As...

Behind the scenes of GS-led group's $1.5 bn Hugel purchase

Behind the scenes of GS-led group's $1.5 bn Hugel purchase

South Korea's energy-to-construction conglomerate GS Group was not considered a serious bidder when it entered the race for a 46.9% stake in the cou...

Netmarble sells shares of Kakao units to raise $700 mn in August

Netmarble sells shares of Kakao units to raise $700 mn in August

South Korea’s Netmarble Corp. has earned 816.9 billion won ($703 million) so far in August alone by selling shares of KakaoBank Corp. and Kaka...

Will Samsung follow TSMC's price hikes?

Will Samsung follow TSMC's price hikes?

Samsung Electronics Co., the world’s largest memory chip maker, is expected to raise foundry prices in the near term as surging demand is outp...

Bain Capital sells management rights of Hugel to GS-led group for $1.5 bn

Bain Capital sells management rights of Hugel to GS-led group for $1.5 bn

A consortium led by South Korea’s energy-to-construction conglomerate GS Group has acquired the country’s top botox maker Hugel Inc. fro...

Samsung Elec, SK Hynix shares jump alongside US peers

Samsung Elec, SK Hynix shares jump alongside US peers

Samsung Electronics Co. and SK Hynix sharply rose on Aug. 24 after suffering a continuous sell-off. The Philadelphia Semiconductor Index gained for ...

KIC replaces infrastructure, real estate heads

KIC replaces infrastructure, real estate heads

The Korea Investment Corporation (KIC) on Tuesday replaced its infrastructure and real estate investment heads, in a senior management reshuffle fol...

(HOLD) GS Group is shifting gears towards digital sectors

(HOLD) GS Group is shifting gears towards digital sectors

South Korea’s energy-to-construction conglomerate GS Group is investing big on fast-growing digital segments.According to the industry on Aug....

Shares of LG Chem, LG Electronics tumble on GM EV recall

 Shares of LG Chem, LG Electronics tumble on GM EV recall

Shares of LG Chem Ltd. and LG Electronics Inc. fell sharply on Monday in Seoul following General Motors Co.’s announcement on Friday that it w...

SK Group’s holding firm to absorb SK Materials in corporate restructuring

SK Group’s holding firm to absorb SK Materials in corporate restructuring

SK Inc., the investment and holding company of SK Group, will absorb SK Materials Co., the group’s industrial gas manufacturing affiliate, in ...

Hyundai Mobis to invest $1.1 bn to make hydrogen fuel cells

Hyundai Mobis to invest $1.1 bn to make hydrogen fuel cells

Hyundai Motor Group’s long-term ambition to create a full-fledged hydrogen value chain, from fuel cell production to hydrogen-powered logist...

Kakao Group’s past, present and future as conglomerate

Kakao Group’s past, present and future as conglomerate

Kakao Corp., which a decade ago was merely a mobile messenger operator, has now grown into one of the largest business groups in South Korea. The in...

Vietnam's Masan Group to attract $200 mn from Korean PE

Vietnam's Masan Group to attract $200 mn from Korean PE

Masan Group Corp., Vietnam's leading conglomerate with a diverse range of businesses ranging from food and consumer goods to financial services, wil...

Samsung SDI may build battery plant in Illinois

Samsung SDI may build battery plant in Illinois

e Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is considering building its first US battery plant in central Il...

Samsung SDI may build battery plant in Illinois

Samsung SDI may build battery plant in Illinois

Samsung SDI Co., one of South Korea's top three electric vehicle battery makers, is considering building its first US battery plant in central Illin...

Delivery Hero sells Yogiyo to GS Retail, Affinity-led group

Delivery Hero sells Yogiyo to GS Retail, Affinity-led group

Germany’s Delivery Hero SE has signed an agreement to sell South Korea’s second-largest food delivery platform Yogiyo to a consortium of...

Hanwha Systems invests $300 million in UK satellite firm OneWeb

Hanwha Systems invests $300 million in UK satellite firm OneWeb

Hanwha Systems Co., the defense and air mobility unit of Hanwha Group, is investing $300 million in UK’s satellite communications firm OneWeb ...

Mubadala joins GS-led group to buy Korean botox maker

Mubadala joins GS-led group to buy Korean botox maker

Abu Dhabi’s sovereign investor Mubadala Investment Co. joined a consortium led by South Korean GS Group to acquire the country’s top bot...

Hyundai Heavy to reposition as tech platform for vessels

Hyundai Heavy to reposition as tech platform for vessels

Hyundai Heavy Industries Group is making big steps forward to transform itself as a platform business in the global shipbuilding sector. According t...

Hanwha Solutions acquires French renewable firm RES for $860 million

Hanwha Solutions acquires French renewable firm RES for $860 million

Hanwha Solutions Corp., the energy unit of chemicals-to-financial conglomerate Hanwha Group, is acquiring a 100% stake in RES Mediterranee SAS, a Fr...

SK Group expands foothold in Southeast Asia fintech sector

SK Group expands foothold in Southeast Asia fintech sector

South Korea’s energy and telecom conglomerate SK Group is aggressively strengthening its foothold in the Southeast Asian fintech business.SK S...

IONIQ 5 becomes 4th-most sold EV in Norway in July

IONIQ 5 becomes 4th-most sold EV in Norway in July

Hyundai Motor Co.’s first all-electric car IONIQ 5 is making a strong debut this year in Norway, the principal battlefield in Europe for globa...

Hyundai quadruples sales of eco-friendly cars in US

Hyundai quadruples sales of eco-friendly cars in US

Hyundai Motor Co. has sold more than four times of eco-friendly cars in the US compared to last year. The company said on Aug. 5 that the number of ...

LG Group to put facility management unit of S&I Corp. up for sale

LG Group to put facility management unit of S&I Corp. up for sale

South Korea’s LG Group will put the facility management division of its affiliate S&I Corp. up for sale amid talk that a sale of the unit ...

Hyundai, Kia US sales slower despite strong growth

Hyundai, Kia US sales slower despite strong growth

Hyundai Motor Group reported a near 30% rise in US sales last month, but the growth is decelerating as the world’s second-largest automobile m...

Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike With waning MZ interest, is heyday over for S.Korea’s golf apparel market? LG links up with Chinese rivals for budget appliance supremacy Mercedes opens world’s 1st Maybach flagship center in Seoul Blackpink's new single Jump tops Spotify daily chart