Hyundai E&C beats Q2 profit estimates on strong foreign deals

Hyundai E&C beats Q2 profit estimates on strong foreign deals

Hyundai Engineering & Construction Co., South Korea’s leading builder, reported better-than-expected profit in the second quarter thanks t...

GC Biopharma wins approval for quadrivalent flu vaccine in Egypt

GC Biopharma wins approval for quadrivalent flu vaccine in Egypt

South Korea's GC Biopharma Corp. announced on Wednesday that its quadrivalent influenza vaccine "GC Flu Quadrivalent" has received approval from Egy...

Prestige Biopharma participates in US gov’t Cancer Moonshot

Prestige Biopharma participates in US gov’t Cancer Moonshot

Prestige Biopharma, a Singapore-based biopharmaceutical company with operations in South Korea and the US, announced on Tuesday that it will partici...

Samsung Heavy in $3.1 bn methanol-powered ship deal with Evergreen

Samsung Heavy in $3.1 bn methanol-powered ship deal with Evergreen

Samsung Heavy Industries Co., a leading South Korean shipbuilder, has won a 3.96 trillion won ($3.13 billion) deal to build 16 methanol-powered cont...

SK Signet to supply over 1,000 ultra-fast chargers to US

SK Signet to supply over 1,000 ultra-fast chargers to US

South Korea's electric vehicle (EV) charger manufacturer SK Signet Inc. on Monday said it landed an order to supply at least 1,000 ultra-fast charge...

Doosan Enerbility, Johnson Matthey to develop ammonia cracking tech

Doosan Enerbility, Johnson Matthey to develop ammonia cracking tech

South Korea’s power plant builder Doosan Enerbility Co. announced on Monday that it signed an R&D agreement with the UK-based chemical com...

TPG to fully acquire cosmetics container firm Samhwa at around $237 mn

TPG to fully acquire cosmetics container firm Samhwa at around $237 mn

Texas-based private equity firm TPG Inc. is poised to fully acquire Samhwa Co., a South Korean cosmetic packaging supplier to global beauty powerhou...

BOK keeps door open for another rate hike on Fed, debts

BOK keeps door open for another rate hike on Fed, debts

South Korea’s central bank on Thursday kept the door open for another interest rate hike after leaving the policy borrowing cost unchanged for...

Hyundai E&C to commercialize CCS for the first time in S.Korea

Hyundai E&C to commercialize CCS for the first time in S.Korea

South Korea's Hyundai Engineering & Construction announced that it has won the contract for the preliminary front-end engineering and design (Pr...

Novartis $391 mn deal powers Samsung Biologics backlogs to record high

Novartis $391 mn deal powers Samsung Biologics backlogs to record high

Samsung Biologics Co., the world’s top contract manufacturing organization by capacity, inked a $391 million contract from Novartis, nearly fi...

Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022

Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022

The $711 million financing organized by Hyundai Motor Co. and LG Energy Solution Ltd. last year for their battery joint venture in Indonesia has bee...

Kumho Tire signs official sponsorship deal with AC Milan

Kumho Tire signs official sponsorship deal with AC Milan

South Korea's Kumho Tire Co. has signed a sponsorship agreement as the official tire partner with the prestigious Italian football club AC Milan.Kum...

Singapore's CDL buys Nine Tree hotel in Seoul for $107 mn

Singapore's CDL buys Nine Tree hotel in Seoul for $107 mn

Singapore-based major real estate firm City Developments Ltd. (CDL) has bought Nine Tree Premier Hotel Myeongdong II from South Korea’s Shinha...

Hanwha Ocean mulls large investments in warship facilities

Hanwha Ocean mulls large investments in warship facilities

Hanwha Ocean Co., the world’s fourth-largest shipbuilder, is considering large investments in new facilities to manufacture warships as the co...

Deal reached on LG-Stellantis battery plant subsidy; construction resumes

Deal reached on LG-Stellantis battery plant subsidy; construction resumes

All construction work at a battery joint venture in Canada between South Korea’s LG Energy Solution Ltd. and multinational automaker Stellanti...

Woongjin ThinkBig signs licensing deal with Disney

Woongjin ThinkBig signs licensing deal with Disney

South Korean educational technology company Woongjin ThinkBig Co. on Tuesday said it signed a licensing agreement with Walt Disney Korea, the domest...

Samsung Biologics wins $897 mn in two deals with Pfizer

Samsung Biologics wins $897 mn in two deals with Pfizer

Samsung Biologics Co., the world’s largest contract manufacturing organization (CMO) in terms of production capacity, said on Tuesday it has w...

LCC Air Premia to be jointly managed by two PE firms

LCC Air Premia to be jointly managed by two PE firms

Air Premia Inc., a South Korean low-cost carrier, will be jointly managed by two Seoul-based private equity firms – JC Partners and AP Holding...

HD KSOE bags $2.3 bn in vessel orders, achieves 90% of 2023 target

HD KSOE bags $2.3 bn in vessel orders, achieves 90% of 2023 target

South Korea’s biggest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has recently bagged over 3 trillion won ($2.3...

GC Biopharma inks $90mn deal for blood products in Brazil

GC Biopharma inks $90mn deal for blood products in Brazil

South Korea's GC Biopharma Corp. on Monday announced on Monday that it has a supply contract with Blau Farmacêutica, a Brazilian pharmaceutica...

Convenience store giant BGF Retail signs IPR deal with YG Plus

Convenience store giant BGF Retail signs IPR deal with YG Plus

South Korea's BGF Retail, which runs the leading domestic convenience store chain CU, on Monday said it will sign a deal with YG Plus, which special...

Indonesia yet to notify Korea of payment plan for joint fighter program

Indonesia yet to notify Korea of payment plan for joint fighter program

Indonesia has yet to provide South Korea with a timetable for payment on a joint fighter jet program as promised, undermining trust in Jakarta&rsquo...

SK E&S eyes business split-up to raise up to $1. 5 bn

SK E&S eyes business split-up to raise up to $1. 5 bn

South Korea’s SK E&S Co. is seeking to split up its business to raise up to 2 trillion won ($1.5 billion), according to people with knowle...

Doosan inks $214 mn deal for Korea combined cycle power plant

Doosan inks $214 mn deal for Korea combined cycle power plant

Major South Korean power plant builder Doosan Enerbility Co. won a 280 billion won ($214.5 million) deal to supply key components such as a gas tu...

SK Plasma to supply $30 mn in blood products to Singapore

SK Plasma to supply $30 mn in blood products to Singapore

South Korea's SK Plasma on Wednesday announced the launch of full-scale production this month of the blood products albumin and immunoglobulin for S...

S.Korean content biz event in Indonesia targets SE Asian consumers

S.Korean content biz event in Indonesia targets SE Asian consumers

An export conference for South Korean content this week in Jakarta, Indonesia, targeted the Southeast Asian market's population of 600 million.The I...

Korea's Doosan Enerbility sells Bobcat stake in $214 mn block deal

Korea's Doosan Enerbility sells Bobcat stake in $214 mn block deal

South Korea’s major power plant builder Doosan Enerbility Co. has sold a minority stake in Doosan Bobcat Inc., its construction equipment unit...

Affirma Capital’s Korean MD Thomas Shim promoted to partner

Affirma Capital’s Korean MD Thomas Shim promoted to partner

Global private equity firm Affirma Capital has promoted Seoul-based Managing Director Min Hyun (Thomas) Shim to partner, investment banking sources ...

Syntekabio expands to US with local CRO

Syntekabio expands to US with local CRO

South Korean artificial intelligence (AI) drugmaker Syntekabio Inc. has partnered up with a US clinical research organization (CRO) to enter the wor...

Samsung SDS HQ sale likely to be Korea's biggest real estate deal of 2023

Samsung SDS HQ sale likely to be Korea's biggest real estate deal of 2023

The sale of Seoul-based Samsung SDS Co. headquarters, which is likely to become South Korea's largest real estate market deal of 2023, is predicted ...

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age Organic food chain Chorocmaeul up for sale amid liquidity woes Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold IMM Credit closes $700 mn blind credit fund backed by NPS BOK chief warns household debt near tipping point, keeps rates steady