SK financial story

Many companies, big and small, sell or buy affiliated units to raise funds or narrow their focus during economic downturns, and to fund expansion or...

Exports of SK Hynix Inc.'s multi-chip packages (MCP), including high-bandwidth memory (HBM) AI chips, are rapidly dropping as the South Korean chipm...

Capital Group Companies Inc. has increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset ma...

Shinhan Bank, a key arm of Shinhan Financial Group, reclaimed its position as South Korea’s top lender posting its largest-ever profit in 2024...

KB Financial Group Inc., South Korea’s largest financial holding group, will spend nearly 1.8 trillion won ($1.2 billion) to boost shareholder...

Hana Financial Group will buy back 400 billion won ($280 million) worth of shares to retire, marking its largest-ever repurchase, in line with ongoi...

Samsung Electronics Co. Chairman Lee Jae-yong discussed potential collaboration on the Stargate AI initiative with OpenAI co-founder and CEO Sam Alt...

South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by hefty interest incom...

Electric vehicle battery maker SK On Co. said on Friday it is set to complete a merger with crude oil storage tank operator SK Enterm Co. on Feb. 1 ...

Loss-making SK On Co., the world’s fifth-largest battery maker, has hit the jackpot with a $1.8 billion deal to supply electric vehicle batter...

South Korea’s KT Corp. is set to sell Initech Co., its Kosdaq-listed financial security unit, for 85 billion won ($59.1 million) as the leadin...

SK Hynix Inc., the top supplier of high-bandwidth memory (HBM) chips to Nvidia Corp., on Thursday reported its highest-ever quarterly profit of 8.08...

SK Hynix Inc. has significantly raised its value by bolstering its presence in the artificial intelligence memory market, threatening Samsung Electr...

IMM Private Equity has divested its remaining 1.38% stake in Woori Financial Group for 166.4 billion won ($115 million), exiting the South Korean fi...

SK and Lotte groups remain the focus for South Korean dealmakers as the two conglomerates accelerate restructuring by divesting non-core assets, a s...

South Korean Hana Financial Group and the US-based global well-known private equity fund (PEF) Bain Capital plan to strengthen their strategic par...

In South Korea, businesses handling livestock by-products have lacked investor appeal. They were usually mom-and-pop businesses and appeared to hold...

South Korea’s SK Biopharmaceuticals Co. has signed a deal with Brazil’s Eurofarma Laboratórios S.A. to establish a joint venture ...

SK Ecoplant Co., a South Korean construction engineering and waste management company under SK Group, partnered with German luxury carmaker BMW to...

South Korea’s Koramco REITs Management & Trust Co. is poised sell a prime office building in Seoul in an estimated 400 billion won ($272 m...

LAS VEGAS – SK Hynix Inc., the world’s second-largest memory chipmaker, has agreed to collaborate with Nvidia Corp. on the top US AI chi...

K Bank, a South Korean online lender, said on Wednesday it has again canceled its initial public offering plan amid the languid stock market an...

SK Energy Co., South Korea’s largest oil refiner, said on Sunday it has shipped its first batch of sustainable aviation fuel (SAF) to Europe, ...

South Korea's SK Nexilis Co., the world’s largest copper foil maker, said on Monday it received a $133 million subsidy from the Polish gover...

Seoul-based private equity firm Hahn & Co. has agreed to buy the chemical mechanical polishing (CMP) pads manufacturing division of SK Enpulse C...

South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...

South Korea's SK Bioscience Co. said on Friday it signed an expanded agreement with Sanofi to co-develop next-generation pneumococcal conjugate vacc...

SK Hynix Inc. secured a combined subsidy of $458 million in grants and $500 million in loans, a total of $958 million from the US Department of Comm...

Korea Electric Power Corp. (KEPCO), the state-run utility company, expects to post its highest-ever overseas business performance this year, thanks ...

SK Hynix Inc. unveiled on Wednesday its high-capacity solid-state drive (SSD) product PS1012 U.2, designed for AI data centers with 61 terabyte (TB)...