XBB.1.5 variant

South Korean households and companies have taken out fresh loans worth 208 trillion won ($189 billion) from banks last year, pushing the outstanding...

French refiner Total SE and South Korea’s Hanwha Energy Corp. have agreed to set up a joint venture to build solar power plants and storage ce...

SK Hynix Inc. is planning to issue $2.5 billion worth of global bonds, the largest amount to be raised in a bond issue by a South Korean company, dr...

Hyundai Motor Co. has shared a few images of the IONIQ 5, the first model under its standalone electric vehicle sub-brand, ahead of its official rev...

South Korea’s SK Group has signed a $1.5 billion deal to acquire a controlling stake in US hydrogen fuel cell maker Plug Power Inc. and launch...

South Korea’s two major shipyards have started off 2021 with decent orders, brightening the outlook for the country to retain its leadership i...

South Korea’s three major electric vehicle battery makers have grown significantly over the past year, securing spots on the world’s top...

South Korea-based POSCO Chemical Co. has begun preparations for its rights offering, to the delight of shareholders as the company’s share pri...

The National Pension Service has mandated Russell Investments to invest $1 billion in listed real estate companies or real estate investment trusts ...

Daewoo Engineering & Construction Co. has racked up two orders totaling $3.1 billion from Iraq and Mozambique to build a port and an LNG train, ...

South Korea-based IMM Private Equity has raised 2 trillion won ($1.8 billion) for its largest flagship fund, RoseGold IV, at its final close, accord...

LG Electronics Inc. and Magna International Inc. will form a $1 billion joint venture to build electric car components as the tech companies tap int...

Hanwha Solutions Corp. is preparing to raise 1.2 trillion won ($1.1 billion) through rights issues to shore up new growth drivers, particularly it...

CJ Cheiljedang Corp., South Korea’s top food company, has again put up for sale its animal feed assets, after talks to sell the fully owned un...

The Ontario Teachers' Pension Plan (OTPP) has agreed to invest 300 billion won ($275 million) in South Korea’s leading fried chicken brand B...

Korea Development Bank (KDB) is planning to raise between $500 million and $1 billion in a dollar bond sale in mid-January, set to become the first ...

South Korean steelmaker POSCO launched in 1968 with a mission to aid the country's economic growth through its steel business. True to its inten...

The National Pension Service has set up a $1.5 billion joint venture with the US-based real estate investment firm Hines for a build-to-core portf...

Hyundai Motor Co. has decided to acquire the US robotics firm Boston Dynamics Inc. from SoftBank Group for slightly less than 1 trillion won ($921 m...

Two leading South Korean banks – Shinhan and Hana – have provided a combined 47 million pounds ($63 million) in senior loans to finance ...

MBK Partners has begun the process to sell Apex Logistics, China’s leading air freight company, for about 10 times the amount of its investmen...

South Korea is set to overtake Japan and become the world’s No. 5 export powerhouse by 2026 on grounds that the country will maintain its cu...

The South Korean won has strengthened to its highest level in two and a half years amid local stocks’ three-day bull run to a record high on h...

MBK Partners has now become the second-largest shareholder in both of China’s two biggest rental car companies after purchasing a 20.86% stake...

Mirae Asset Global Investments Co. will be able to recover a $580 million deposit it paid to Anbang Insurance Group for a $5.8 billion deal to buy 1...

Korean Air Lines Co. will push ahead with its planned $1.6 billion acquisition of debt-laden Asiana Airlines Inc., the company said, after a Seoul d...

Samsung Engineering Co. has received a letter of intent from Malaysia’s petrochemical firm Sarawak Petchem Sdn Bhd to build a methanol plant i...

South Korea’s shipbuilders have made a clean sweep of year-end orders owing to to contracts placed for very large crude carriers (VLCCs). Demand...

Korean Air Lines Co. will spend 1.8 trillion won ($1.6 billion) to own a majority stake in beleaguered local rival Asiana Airlines Inc., in a deal t...

South Korea's stock market is seeing a shift in buying trends from foreign investors who are increasingly beefing up investments in cyclical stocks wh...