POSCO Group chairman presides over World Steel Association meeting

Choi Jeong-woo, Chairman of POSCO Group and the World Steel Association, attended the association's first half-regular meeting held in Vienna, Austr...

SK Telecom enters next-generation broadcasting platform market in US

South Korea's SK Telecom Co. said on Tuesday that it will sell a next-generation broadcast platform, utilizing mobile edge computing (MEC) technolog...

Hyundai Mobis develops world’s first rollable vehicle display

Hyundai Mobis Co., the world’s sixth largest automotive components supplier, has developed a rollable vehicle display, the first of its kind i...

IGIS, KKR delay plan to set up Seoul-based real estate JV

IGIS Asset Management Co., the largest real estate investment firm in South Korea, and US private equity giant KKR & Co. have indefinitely postp...

SK Group chairman’s eldest son to play key role at US unit PassKey

Chey In-geun, the eldest son of SK Group Chairman Chey Tae-won, has moved to the South Korean conglomerate’s major US business operations amid...

GS Group's petrochem equipment unit eyes up to $154 mn via pre-IPO

GS Entec Corp., a South Korean equipment maker for petrochemical and power plants, is set to raise 150 billion to 200 billion won ($115 million-$154...

LS Group' corporate value soars as EV battery market grows

LS Corp., a holding company of South Korea's LS Group, has seen its enterprise value swell by nearly 1 trillion won ($760 million) over the past yea...

Hanwha heir apparent named senior advisor at US energy investor

Hanwha Group Vice Chairman Kim Dong-kwan, the heir apparent of the South Korean energy-to-defense conglomerate, has been named a senior advisor at S...

S.Korean semiconductor industry faces sharp decline: report

The Korea Development Institute (KDI), a renowned government-affiliated economic think tank in South Korea, disclosed on Sunday that the domestic se...

POSCO Group plans talks with former US diplomat

Former US Deputy Secretary of State Stephen Biegun will hold talks with Chairman Choi Jeong-woo of South Korea’s POSCO Group.They will discuss...

LG tops in market cap gain, beating Samsung, SK, Hyundai Motor

The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...

Lotte Group secures $3.8 bn funding from four major Korean banks

Lotte Group announced on Friday that it has signed a financial support agreement worth 5 trillion won ($3.8 billion) with four major South Korean ba...

Shared growth with startups essential for GS Group: Chairman Huh

GS Group, a South Korean energy-to-retail conglomerate, plans to aggressively invest in startups and venture companies with promising technology &nd...

Shinhan Financial, KOSME to support startups for expanding Japanese market

Shinhan Financial Group announced on Wednesday that it has partnered with the Korea SMEs and Startups Agency (KOSME) to support Korean startups' ent...

KCGI’s ascent to intensify family feud over DB control; DB stocks rally

A sibling feud over management control of DB Group is expected to intensify following the ascent of South Korean activist fund Korea Corporate Gover...

POSCO pursues future energy cooperation with Malaysia's Petronas

South Korea’s POSCO Group on Sunday said its Chairman Choi Jeong-woo and Petronas Group of Malaysia CEO Tengku Muhammad Taufik in Kuala Lumpur...

KG Mobility expands into Southeast Asia with Futa Group partnership

KG Mobility, previously known as Ssangyong Motor Co., announced on Friday its alliance with Vietnam's Kim Long Motor, a subsidiary of the Futa Group...

S.Korean activist fund KCGI eyes foundry DB HiTek buyout

Korea Corporate Governance Improvement Fund (KCGI) is eyeing a controlling stake in DB HiTek Co. as the activist fund became the second-largest shar...

KB Financial launches $193 million fund to invest in global startups

South Korea’s second-largest financial institution KB Financial Group will launch a 250 billion won ($193 million) fund to invest in startups ...

JB Financial wins proxy fight against activist fund Align Partners

South Korea’s JB Financial Group Co. won a proxy battle against local activist fund Align Partners Capital Management on dividends and nominat...

CEOs of Samsung, LG group companies buying back their stocks

Leading executives of major South Korean corporations Samsung Electronics Co., LG Energy Solution Ltd. and LG Electronics Inc. are buying back their...

Chip foundry DB HiTek's stock near 10-month peak on activist fund

South Korean leading foundry chipmaker DB HiTek’s stock price hit a near 10-month high this week as a domestic activist fund bought a stake to...

LG Group Chairman names AI, bio, clean tech as new growth engines

LG Group Chairman Koo Kwang-mo has pledged to continue investing in future-oriented businesses and human resources despite the global economic slowd...

Doosan Group opens museum on its corporate history

South Korea's Doosan Group on Tuesday opened Doosan Heritage 1896, a museum displaying 127 years of the conglomerate's history, at Doosan Tower in t...

Hyundai Capital issues green bonds under eco-friendly biz guidelines

South Korea's Hyundai Capital on Tuesday said it issued green bonds worth 600 billion won ($462.3 million) following K-Taxonomy, a series of governm...

LS Group completes nickel sulfate plant for EV batteries

South Korea’s LS Group said on Monday it has completed construction of a new plant to produce nickel sulfate, a key raw material for next-gene...

Korea's Kolon Group takes first step successfully in space launch vehicle biz

South Korea's Kolon Group announced on Wednesday that Kolon DACC Composite participated in the launch of the first private test launch vehicle in Ko...

LG Chem supplies RO filters for Chinese lithium extraction project

South Korea's LG Chem Ltd. has supplied reverse osmosis (RO) filters for a project to extract lithium from China's largest salt lake.The company on ...

Hyundai Motor, Lotte chairs rank as S.Korea’s highest-paid heads

Hyundai Motor Group Chairman Chung Euisun was ranked as South Korea’s highest-paid business owner in 2022 thanks to the group's record-high pr...

HD Hyundai to rename subsidiaries to boost brand identity

HD Hyundai Co., a South Korean conglomerate that operates in shipbuilding, construction equipment, oil refining and other sectors, plans to rename i...