Hanjin KAL to sell Waikiki Resort Hotel to Sono for $101 mn

Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is set to sell a 100% stake in its Hawaii-based subsidiary Wai...

LX International to buy Indonesia's PT AKP for nickel mining

LX International Corp., the trading unit of South Korea’s LX Group, said on Tuesday it is slated to acquire a 60% stake in Indonesian miner PT...

GC Cell's AB-101 NK therapy achieves FDA fast-track status

South Korea's bio firm GC Cell announced on Wednesday that its US affiliate Artiva Biotherapeutics has received fast-track designation from the US F...

Korean petchem producers cut output on weaker margins

South Korea’s petrochemical makers reduced ethylene production as a global economic slowdown is expected to hurt demand in the second half wit...

Korea’s SK Geo Centric, Japan’s Tokuyama to set up IPA JV

South Korea’s leading petrochemical company SK Geo Centric Co. and Japan’s chemicals producer Tokuyama Corp. plan to found a joint ventu...

POSCO breaks ground on $101 million battery recycling plant

South Korea’s top steelmaker POSCO on Thursday broke ground on its 120 billion won ($101 million) plant to extract nickel, lithium and cobalt,...

SK Hynix-led $101 bn Korean chip project delayed again

SK Hynix Inc.’s $101 billion project to build a semiconductor complex in South Korea was delayed again, stoking concerns that the world’...

Food Delivery in Korea 101

With the recent spike in daily new Covid-19 cases, it’s a good time to review the great delivery options that are available in Korea. Delivery...

Korea public officials’ fund sees 3-4 Europe property buys after $101 mn German deal

The Public Officials Benefit Association (POBA) has signed a final agreement to acquire a 10-story office building in the southern part of Hamburg, Ge...