LG Chem to close base chemical styrene monomer business

LG Chem to close base chemical styrene monomer business

LG Chem Ltd., South Korea's No. 1 petrochemical company, will shut down its styrene monomer (SM) production line this month and is mulling closing a...

SK Ecoplant, TES to enter Japan’s battery recycling market

SK Ecoplant, TES to enter Japan’s battery recycling market

SK Ecoplant Co., a South Korean construction engineering and waste management firm, said on Tuesday it is entering Japan’s battery recycling m...

Premium children's brands buck falling birth rate in Korea

Premium children's brands buck falling birth rate in Korea

Premium children's clothing and food brands have bucked the economic slowdown in a country grappling with the world’s lowest birth rate as Sou...

SK Signet builds system to enhance EV charger cybersecurity

SK Signet builds system to enhance EV charger cybersecurity

SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Tuesday that it has established an enhanced cybersecurity sys...

MBK’s Michael ByungJu Kim: Most influential in Korea’s capital market

MBK’s Michael ByungJu Kim: Most influential in Korea’s capital market

Michael ByungJu Kim, co-founder and partner of Northeast Asia-focused private equity firm MBK Partners Ltd., has been chosen as the most influential...

Goldman Sachs Korea co-head Chung to move to Hyundai Capital

Goldman Sachs Korea co-head Chung to move to Hyundai Capital

Goldman Sachs’ Chung Hyung-Jin, co-head of the Seoul office and the leader of the firm’s investment banking (IB) business in South Korea...

BMW EV sales roar in Korea on strong lineup of new models

BMW EV sales roar in Korea on strong lineup of new models

BMW, already one of the top two best-selling imported car sellers in South Korea, has beaten the world’s No. 1 EV seller Tesla Inc. in the cou...

Korea, new darling of Maybach, Bentley, Rolls-Royce

Korea, new darling of Maybach, Bentley, Rolls-Royce

Foreign exquisite, high-end car brands are eager to offer new and exclusive experiences to their customers in South Korea, the fastest-growing luxur...

Korea’s bond sales up in February; corporate bonds remain buoyant

Korea’s bond sales up in February; corporate bonds remain buoyant

Bond sales in South Korea amounted to 71.8 trillion won ($54.4 billion) in February, 12.4% up from a month prior, according to a report from the Kor...

South Korea’s Daesang retracts bid to acquire China’s Chengfu Food

South Korea’s Daesang retracts bid to acquire China’s Chengfu Food

South Korea’s food giant Daesang Corp. has retracted its bid to acquire a controlling stake in China’s leading food additives maker Heil...

S.Korea’s travel deficit widens to 1-year high in January

S.Korea’s travel deficit widens to 1-year high in January

South Korea’s travel account deficit reached its highest level in one year in January as a greater number of Koreans spent their winter break ...

Brookfield taps ARA Korea as preferred bidder for Conrad Seoul

Brookfield taps ARA Korea as preferred bidder for Conrad Seoul

Canada’s Brookfield Asset Management Ltd. has selected Seoul-based real estate manager ARA Korea Ltd. as the preferred bidder for five-star ho...

AliExpress sells top K-food maker’s products in S.Korea

AliExpress sells top K-food maker’s products in S.Korea

AliExpress, an e-commerce arm of China’s Alibaba Group, on Thursday started selling products of CJ CheilJedang Corp., South Korea’s top ...

HD Hyundai Chemical to produce eco-friendly bio-naphtha

HD Hyundai Chemical to produce eco-friendly bio-naphtha

South Korea's HD Hyundai Chemical Co. announced on Thursday that it will collaborate with CJ CheilJedang Corp. to produce eco-friendly bio-naphtha...

LG ups ante in AI race with bullish bets on startups

LG ups ante in AI race with bullish bets on startups

LG Group, South Korea’s fourth-largest conglomerate controlling electronics, chemicals, media and service companies, is aggressively raising t...

EQT sells Shinhan Financial stake in block deal at 30% IRR

EQT sells Shinhan Financial stake in block deal at 30% IRR

EQT Private Capital Asia sold 415.5 billion won ($311.9 million) worth of shares in South Korea’s Shinhan Financial Group Co. in a block deal ...

SK Signet to supply EV fast chargers in Ohio

SK Signet to supply EV fast chargers in Ohio

SK Signet Inc., South Korea's electric vehicle (EV) charger manufacturer, announced on Thursday that it will supply fast chargers to the site of the...

Korea probes AliExpress as Chinese e-commerce threat grows

Korea probes AliExpress as Chinese e-commerce threat grows

South Korea’s antitrust body launched a probe into alleged violations of consumer protection regulations by China’s AliExpress, as Chine...

S.Korea's CU opens first store in Kazakhstan

S.Korea's CU opens first store in Kazakhstan

South Korea's BGF Retail, the operator of the leading domestic convenience store chain CU, announced on Thursday that it opened its first store in K...

Lotte puts Lotte Chemical Titan in Malaysia on market

Lotte puts Lotte Chemical Titan in Malaysia on market

Lotte Chemical Corp., South Korea’s No. 2 petrochemicals company, has embarked on the process of selling its Malaysian unit Lotte Chemical Tit...

Korea reclaims top spot in global shipbuilding orders in February

Korea reclaims top spot in global shipbuilding orders in February

South Korean shipbuilders reclaimed the global No. 1 position in new orders last month for the first time since October 2023, according to data by U...

Korea’s inflation rebounds, BOK to keep interest rates in H1

Korea’s inflation rebounds, BOK to keep interest rates in H1

South Korea’s headline inflation rebounded in February from a six-month low on higher prices of oil and agricultural products, adding to expec...

S.Korea commercializes recycled materials EV tire

S.Korea commercializes recycled materials EV tire

South Korea's Hyosung Advanced Materials, SK Chemicals Co., and Hankook Tire & Technology announced on Mar. 6. that they commercialized a dedica...

Lotte Chemical, CIP to join hands on ammonia projects

Lotte Chemical, CIP to join hands on ammonia projects

South Korea’s Lotte Chemical Corp. has reached a preliminary agreement with Copenhagen Infrastructure Partners (CIP) to purchase and sell blue...

Korea's NH Investment shortlists 3 CEO candidates

Korea's NH Investment shortlists 3 CEO candidates

South Korean brokerage house NH Investment & Securities Co. has shortlisted three candidates for its next chief executive as the current CEO Jeo...

BMW unveils PHEV sedan New 530e in S.Korea

BMW unveils PHEV sedan New 530e in S.Korea

BMW Korea announced on Tuesday that it unveiled the plug-in hybrid (PHEV) sedan model The New 530e in the domestic market. According to BMW Kor...

S.Korea’s GNI per capita rebounds in 2023 as won stabilizes

S.Korea’s GNI per capita rebounds in 2023 as won stabilizes

South Korea’s gross national income (GNI) per capita rebounded last year as the won currency stabilized amid signs of a recovery in exports fr...

SK Hynix explores HBM chip collaboration with Kioxia

SK Hynix explores HBM chip collaboration with Kioxia

SK Hynix Inc. is exploring collaboration with Japanese chipmaker Kioxia Holdings Corp. to produce high bandwidth memory (HBM) chips, which have been...

Tesla, Korea's EcoPro presumed to enter battery materials deal

 Tesla, Korea's EcoPro presumed to enter battery materials deal

Tesla Inc., the world’s No. 2 electric vehicle maker, is believed to have agreed to procure battery ingredients from South Korea’s EcoPr...

SK D&D relaunches renewable energy business spin-off as SK Eternix

SK D&D relaunches renewable energy business spin-off as SK Eternix

SK D&D Co., a real estate unit of South Korea’s SK Group, said on Monday it has completed the planned spin-off of its renewable energy bus...

S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn shares   Seoul vows zero-tolerance measures against unfair stock trading K-style strikes back to win over China’s Gen Z with Musinsa at helm