Hyundai Glovis to build hydrogen supply chain with Air Products

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, agreed to set up a liquid hydrogen supply chain with Air Products, the world’s la...

Korean OTT platform TVing to go abroad with Naver's LINE

South Korea's over-the-top (OTT) streaming platform TVing Co. will make its inroads into Japan and Taiwan next year and into the US in 2023, tapping...

LG Energy, Stellantis to launch $3.4 billion EV battery JV in US

South Korea’s LG Energy Solution Ltd. and multinational automaker Stellantis N.V. are launching a 4 trillion won ($3.4 billion) joint venture ...

CJ ENM in exclusive talks to acquire SM Entertainment

South Korea's entertainment powerhouse CJ ENM Co. is in exclusive talks to acquire a 19.37% stake in SM Entertainment Co., the country's first-gener...

CalSTRS, POBA co-invest $317 mn in US debts in 2021

The California State Teachers’ Retirement System (CalSTRS) and South Korea's Public Officials Benefit Association (POBA) have invested a combi...

S.Koreans' global stock, bond holdings at record high

South Korean investors maintained their buying spree in overseas equities and bond markets, with the balance of their holdings in both securities re...

Yanolja likely to buy $250 mn stake in Interpark spin-off

South Korea's top travel and accommodation platform Yanolja Inc., backed by SoftBank, was on Thursday named as the preferred buyer of a majority sta...

Korean shipbuilders turn focus to high-value vessels

South Korean shipbuilders, brimming with heavy order backlogs, are turning their focus to high-value and eco-friendly vessels for new orders as the ...

North Korea puts on show of missile might as Kim Jong-un snubs US

North Korea put on one of its largest displays of missiles at an event at which dictator Kim Jong Un said Pyongyang couldn’t trust r...

Huawei, Ericsson or Nokia? Apple or Samsung? US or China? Who’s winning the 5G races?

Once a glimmer in the eyes of executives from Shenzhen to Silicon Valley, 5G now dominates a broad swath of the global supply chain—and the ...

LG Chem to build technical support centers in EU, US

LG Chem Ltd. will expand global clients’ accessibility to its technical support professionals. The chemical company said on Oct. 11 that it wi...

Japan's Murata redefines customers in game-changing era

KYOTO, Japan - Murata Manufacturing Co., the world's No. 1 producer of multilayer ceramic capacitors (MLCCs) and other electronic components, will e...

Halla Group to combine two self-driving business arms

South Korea's Halla Group, the parent company of automotive parts maker Mando Corp., will combine its two autonomous driving business units into a s...

S.Korea shows rare unease against US request for Samsung data

The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...

Akuodigital digitizes scribbles into legible documents

South Korea-based Akuodigital Corp. is a startup that uses artificial intelligence technology to digitize all types of paper documents. And instead ...

SK may develop LFP batteries for low-priced EVs

SK On, the recently-launched battery company of South Korea's SK Group, is considering manufacturing lithium iron phosphate (LFP) batteries to suppl...

Kospi lowest in nearly 7 months; outlook dim on inflation, US debt standoff

South Korea's main stock index has fallen below the psychologically important 3,000 points for the first time in nearly seven months, with investors...

Hanjin Heavy wins $270 mn container ship order, first deal in 6 years

Hanjin Heavy Industries & Construction Co. said on Tuesday it has won a $270 million deal to build four 5,500 TEU container ships for a European...

Hyundai Glovis launches ECOH brand for hydrogen, battery businesses

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said on Monday it is launching a new brand to beef up its eco-friendly business, includ...

Delayed EU approval puts Hyundai-Daewoo shipbuilding deal at risk

The deal to combine the world's largest shipbuilder Hyundai Heavy Industries Co. with second-ranked Daewoo Shipbuilding & Marine Engineering Co....

Morgan Stanley remains top advisor for S.Korea Q3 M&As

Morgan Stanley remained the top M&A advisor in South Korea in the third quarter of this year, according to data compiled by market tracker FnGui...

SK Innovation officially launches battery, E&P split-offs

South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...

SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day

SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...

SKC drops plan for silicon anode JV on investment overlap woes

South Korea’s SKC Co. withdrew a plan to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode mater...

China power crisis, US tightening chill sentiment on Korea IT sector

Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...

Hyundai Motor’s shares fall to 9-month low; new mobility key to rebound

Shares of South Korea’s top automaker Hyundai Motor Co. have fallen to their lowest level in nine months, bucking the trend of its global peer...

SKC to form JV with British Nexeon for silicon anode business

South Korea’s SKC Co. plans to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode materials market....

POSCO hires ex-US envoy on N.Korea Stephen Biegun as adviser

South Korean steel giant POSCO has hired Stephen Biegun, former US deputy secretary of state, as its adviser for its American business.POSCO America...

DL Chem seals $2.5 bn purchase of US chemical maker Kraton

DL Chemical Co., South Korea's leading petrochemical company, has acquired Texas-based specialty chemical manufacturer Kraton Corp. for $2.5 billion...

SK Innovation, Ford to invest $11.4 billion to build largest EV battery JV

SK Innovation Co. and Ford Co. will invest a combined $11.4 billion to build an assembly and battery complex and two additional battery factories in...