Korea homegrown app begins process for H1 2022 listing

Korea homegrown app begins process for H1 2022 listing

One store Co., the South Korean homegrown app store developed by the country’s top online platform Naver Corp. and three telecom carriers, is ...

SK On seeks $2.5 bn in new funding for battery plants

SK On seeks $2.5 bn in new funding for battery plants

SK On Co., one of South Korea's top three rechargeable battery makers, plans to raise around 3 trillion won ($2.5 billion) in a pre-IPO share sale n...

Korea's SK, LX, Daesang to invest $151 mn in eco-friendly plastics

Korea's SK, LX, Daesang to invest $151 mn in eco-friendly plastics

South Korea’s conglomerates SK, LX and Daesang have joined hands on the eco-friendly plastics business, utilizing their respective strengths i...

US sees security risks from SK Hynix capex plan in China

US sees security risks from SK Hynix capex plan in China

The United States expected SK Hynix Inc.’s capital expenditures plan in China to pose a threat to national security, Washington’s top tr...

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

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, 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 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 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 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, 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...

Global carmakers deliver unfinished cars due to chip shortage

Global carmakers deliver unfinished cars due to chip shortage

Global carmakers are now delivering unfinished cars, or vehicles without popular convenience features such as USB ports, to appease customers runnin...

POSCO to quadruple steel sheet production for eco-friendly cars

POSCO to quadruple steel sheet production for eco-friendly cars

South Korean steelmaking giant POSCO Co. is slated to quadruple its production of non-grain-oriented electrical steel sheet, a key material in the...

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

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

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 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 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 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

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...

Hyundai's Genesis beats Lexus' selling price in US

Hyundai's Genesis beats Lexus' selling price in US

The rising demand for high-end vehicles, despite dwindling production caused by semiconductor shortages, are driving new vehicle prices to record hi...

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

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 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 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 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 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 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

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

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 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, 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

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, ...

Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP