Korea stocks see $2 bn inflow, stoking hopes for a foreigner comeback

Foreign investors have absorbed $2 billion in South Korean stock markets so far in November, spurring hopes of a foreign comeback, although doubts r...

Hyundai, Kia stun LA auto show with SEVEN, EV9 concept cars

Hyundai Motor Co. and sister firm Kia Corp. on Thursday unveiled their latest concept sport utility vehicles at the Los Angeles Auto Show as the two...

SK Ecoplant to start offshore wind power business

SK Ecoplant Co., the construction unit of South Korea’s SK Group, is slated to enter the offshore wind power business by acquiring a local win...

SK seeks to make Pfizer, Merck COVID-19 pills in CMO deals

SK Inc., the investment and holding company of South Korea’s SK Group, is seeking to make COVID-19 treatment pills developed by Pfizer Inc. an...

Hyundai Motor Group seeks to buy Korea waste treatment firm

Hyundai Engineering Co., Hyundai Motor Group’s construction arm, has joined the race to buy a South Korean garbage treatment company as the gr...

SK, Beijing Easpring Material join hands on battery materials

SK Inc., the holding and investment company of South Korea’s SK Group, and Beijing Easpring Material Technology Co., a major Chinese cathode m...

Doosan near completing self-rescue plan with E&C sale

South Korea's Doosan Group is near finalizing a deal to sell Doosan Engineering & Construction Co. (Doosan E&C) to a consortium led by Seoul...

SK to invest $340 mn in Vietnam’s major retail platform The CrownX

South Korea’s conglomerate SK Group said on Nov. 11 that it agreed to invest $340 million in The CrownX, a retail platform of Masan Group Corp...

Kia to go EV-only in Europe by 2035, teases EV9 SUV concept

Kia Corp., the automaking unit of South Korea’s Hyundai Motor Group, said on Thursday it will only sell electric and fuel cell vehicles in Eur...

CJ Cheiljedang to acquire Dutch bio firm Batavia for 195 million euros

CJ Cheiljedang Corp., a key subsidiary of South Korea’s food and entertainment conglomerate CJ Group, said on Monday it is acquiring Batavia B...

KKR invests $2 bn in SK E&S' new preferred shares

KKR & Co. has signed an agreement to buy 2.4 trillion won ($2 billion) worth of newly-issued preferred shares in SK E&S Co., the US private ...

CJ Group Chief unveils $8.5 billion investment plans for growth

South Korea’s CJ Group, which operates the country’s largest food and beverage company CJ Cheiljedang Corp. as well as entertainment gia...

SK Group’s Chey vows half of $52 bn US spending in batteries, hydrogen

SK Group Chairman Chey Tae-won has vowed to spend $26 billion, or half of the group’s planned investment in the US by 2030, on electric vehicl...

SK Chem says no immediate plan to sell SK Bioscience stake

SK Chemicals Co., the top shareholder of South Korea's SK Bioscience Co., is not considering reducing its stake in the vaccine maker in the immediat...

Shinhan Financial acquires BNP Paribas Cardif General Insurance

Shinhan Financial Group has acquired BNP Paribas Cardif General Insurance, the non-life insurance unit of French banking group BNP Paribas in a move...

SeAH set for record earnings on steel supercycle, offshore wind projects

SeAH Group, a South Korean mid-size special steel conglomerate, is set to post record earnings this year on the back of the global steel supercycle ...

SK Hynix in $492 million Key Foundry deal, doubles foundry capacity

SK Hynix Inc., the world’s second-largest memory chipmaker, said on Friday it is acquiring a 100% stake in South Korea-based Key Foundry for 5...

SK E&S in talks to sell ESS, solar energy projects

SK E&S Co. is in talks with a number of private equity firms and financial investors to sell energy storage systems (ESS) and solar energy devel...

Race heats up in solid-state battery development

Global automakers and battery producers are accelerating the development of a next-generation electric vehicle battery, called an all-solid-state ba...

SM Line sees light at the end of the tunnel: SM Group’s Woo

When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...

SK Hynix to buy back ex-foundry unit after strong Q3 results

SK Hynix Inc. will be buying back the remaining stake in its former unit Key Foundry to double its foundry capacity, after its third-quarter operati...

LCS Group, Bosung Powertec to form $40 mn fund for telecom tower project

LCS Group Korea, a South Korean corporate set up by the Philippines' LCS Group of Companies, signed a joint venture establishment contract on Oct. 2...

LG Group's No. 2 exec Kwon to head EV battery unit

Kwon Young-soo, the No. 2 leader of South Korea's LG Group, will be appointed as the chief executive officer of LG Energy Solution Ltd. next month, ...

SK Hynix unveils industry’s highest-performing DRAM chip

SK Hynix Inc., the world’s second-largest memory chipmaker, has unveiled the industry’s highest-performing DRAM with a data speed capabl...

SK Inc. to invest $102 million in China’s copper foil firm Lingbao Wason

SK Inc., the holding and investment company of South Korea’s SK Group, plans to invest 120 billion won ($102 million) in China’s Lingbao...

SK to form 'turquoise' hydrogen JV in Korea with Monolith

SK Inc., the holding and investment company of South Korea’s SK Group, agreed to establish a 'turquoise' hydrogen joint venture in the country...

Amazon in talks to invest in SK Tel's spun-off unit

Amazon.com, the world's largest online retailer, is in negotiations with South Korea's SK Telecom Co. to invest in the mobile carrier's non-telecom ...

Samsung shares' underperformance deepens on growth concerns, won

Shares of Samsung Electronics Co., South Korea’s largest stock on the main bourse, are significantly underperforming as analysts slash price t...

KKR named as preferred buyer of SK E&S' $2 bn new shares

KKR & Co. has secured the exclusive negotiating rights to buy SK E&S Co.'s new preferred shares worth 2.4 trillion won ($2 billion), which t...

SK Group to reform governance structure with stronger board of directors

SK Group will undergo a major governance reform with significant empowerment of the board of directors in making key management decisions. The group...