Doosan Logistics clinches deal to build Daiso's new hub center

Doosan Logistics clinches deal to build Daiso's new hub center

South Korean system integrator Doosan Logistics Solution (DLS) has won a deal to build a new distribution center at 75 billion won ( $57 million)....

Hyundai Rotem delivers first batch of K2 tanks to Poland in $3.4 bn deal

Hyundai Rotem delivers first batch of K2 tanks to Poland in $3.4 bn deal

Hyundai Rotem Co., a South Korean defense equipment maker, said on Wednesday it has delivered the first batch of its battle tanks to Poland as part ...

Pan Ocean buys 5% of Hanjin KAL from Hoban Construction

Pan Ocean buys 5% of Hanjin KAL from Hoban Construction

Pan Ocean Co., the shipping affiliate of Harim Group, on Tuesday said it bought a 5% stake or 3.3 million shares in Hanjin KAL Corp. in a block deal...

POSCO wins $689 mn battery material deal with GM-LG joint venture

POSCO wins $689 mn battery material deal with GM-LG joint venture

POSCO Chemical Co., a unit of South Korean steel giant POSCO Holdings Inc., said on Dec. 5 that it has signed a $688.6 million deal to provide a key...

Hahn & Co. completes SKC's industrial film unit takeover for $1.2 bn

Hahn & Co. completes SKC's industrial film unit takeover for $1.2 bn

South Korean private equity firm Hahn & Co. has completed a 1.6 trillion won ($1.2 billion) deal to wholly acquire the industrial film business ...

LS Mtron supplys tractors to world's No. 2 agricultural machinery firm

LS Mtron supplys tractors to world's No. 2 agricultural machinery firm

LS Mtron, the industrial machinery and core component arm of Korea's LS Group, on Monday said it concluded a contract worth 500 billion won ($387.4 ...

Hyundai, Daewoo sign Turkmenistan fertilizer plant deals

Hyundai, Daewoo sign Turkmenistan fertilizer plant deals

South Korea’s Hyundai Engineering Co. and Daewoo Engineering & Construction Co. are likely to win orders to build fertilizer plants in Tur...

Doosan Fuel Cell expands exports with China deal

Doosan Fuel Cell expands exports with China deal

South Korea's Doosan Fuel Cell on Monday said it has signed an export contract worth 346.9 billion won($255 million) to supply large-scale versions ...

Saudi prince’s Seoul trip brings $30 billion in business deals

Saudi prince’s Seoul trip brings $30 billion in business deals

Mohammed bin Salman, the crown prince and prime minister of Saudi Arabia, flew into Seoul on Thursday and clinched $30 billion in bilateral deals wi...

Taihan Cable wins $24 million deal to build power grid in California

Taihan Cable wins $24 million deal to build power grid in California

Taihan Cable & Solution Co., a South Korean electric wire maker, said on Wednesday it has won a $24 million deal to build a power grid in the US...

S.Korea's Iljin Group halts sale of its display maker

S.Korea's Iljin Group halts sale of its display maker

South Korea’s Iljin Display Co. has suspended procedures of selling its 43.19% stake with management rights, the junior bourse Kosdaq-listed d...

US extends antitrust review of Korean Air-Asiana merger

US extends antitrust review of Korean Air-Asiana merger

The US competition authority extended its review of the proposed merger between South Korea’s two largest airlines to check if the deal hurts ...

UK regulator flags concerns over Korean Air-Asiana merger

UK regulator flags concerns over Korean Air-Asiana merger

The British antitrust watchdog raised concerns over the impact on competition of the proposed merger between South Korea’s two largest carrier...

LG Uplus, Hyundai Motor Group in connected car service deal

LG Uplus, Hyundai Motor Group in connected car service deal

LG Uplus Corp., South Korea’s third-largest mobile carrier, will supply exclusive wireless communications services to Hyundai Motor Group for ...

Sale of Korean dental scanner maker Medit fails

Sale of Korean dental scanner maker Medit fails

The sale of South Korea's dental scanner manufacturer Medit will undergo a reset as the preferred bidder, a consortium led by GS Holdings and the US...

Hyundai Glovis signs $796 million shipping deal with global automaker

Hyundai Glovis signs $796 million shipping deal with global automaker

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it has clinched a 1.05 trillion won ($796 million)...

SK Biopharma's epilepsy treatment posts impressive growth in US

SK Biopharma's epilepsy treatment posts impressive growth in US

South Korean SK Biopharmaceuticals' epilepsy treatment Cenobamate has seen rapid growth on the US market.The company on Thursday said the medic...

Doosan Enerbility signs $1.2 billion deal to build nuclear plant in Egypt

Doosan Enerbility signs $1.2 billion deal to build nuclear plant in Egypt

South Korea's major power plant builder Doosan Enerbility Co. said on Thursday it has clinched a 1.6 trillion won ($1.2 billion) deal to become a co...

Hyundai, China’s CICC in initial deal for commercial vehicle business

Hyundai, China’s CICC in initial deal for commercial vehicle business

South Korea’s Hyundai Motor Co. said on Tuesday it has partnered with China International Capital Corp. (CICC), China’s largest investme...

Hanwha E&C to expand offshore wind power business

Hanwha E&C to expand offshore wind power business

South Korea's Hanwha Engineering and Construction (E&C) on Tuesday concluded a business agreement on joint development of offshore wind power in...

Samsung Biologics in CDO deal talks with global pharma firm

Samsung Biologics in CDO deal talks with global pharma firm

FRANKFURT – Samsung Biologics Co., the world’s largest contract drugmaker, is in talks to develop medicines for a global pharmaceutical ...

S.Korean lunar orbiter sends 'Dynamite' BTS video to Earth

S.Korean lunar orbiter sends 'Dynamite' BTS video to Earth

South Korea's unmanned space vehicle Danuri has sent texts and images from space to Earth, the Ministry of Science and ICT announced Monday. Da...

SK On to buy battery material lithium hydroxide from Chile's SQM

SK On to buy battery material lithium hydroxide from Chile's SQM

SK On Co., the world’s fifth-largest electric battery maker, said on Sunday it signed a deal on Nov. 4 to purchase lithium hydroxide, a key ba...

SK IE Technology to embark on non-deal roadshow in Hog Kong, Singapore

SK IE Technology to embark on non-deal roadshow in Hog Kong, Singapore

SK IE Technology Co. (SKIET), a unit of South Korea’s energy and battery maker SK Innovation Co., said on Friday it is embarking on a non-deal...

TPG to sell off Korean luxury tile firm Nox's parent for $421 mn

TPG to sell off Korean luxury tile firm Nox's parent for $421 mn

US alternative investment manager TPG Inc. is poised to sell a 65% stake in South Korea’s Moleem Corp., the parent of global leading luxury vi...

Hyundai Oilbank extends US fuel export deal with Sunoco

Hyundai Oilbank extends US fuel export deal with Sunoco

Hyundai Oilbank Co. extended a deal with US independent fuel distributor Sunoco LP to export petroleum products to Hawaii as the South Korean refine...

POSCO International, Netherlands’ Hardt sign deal on hyperloop project

POSCO International, Netherlands’ Hardt sign deal on hyperloop project

POSCO International Corp., the general trading arm of South Korea’s steel giant POSCO Holdings Inc., said on Tuesday it is entering the hyperl...

Korea’s KHNP inks nuclear power plant deal with Poland

Korea’s KHNP inks nuclear power plant deal with Poland

Korea Hydro and Nuclear Power Co. (KHNP) signed an initial agreement for a nuclear power plant in Poland, paving the way to win an expected $30 bill...

Korea’s Peak Bio makes Nasdaq debut via SPAC deal with Ignyte

Korea’s Peak Bio makes Nasdaq debut via SPAC deal with Ignyte

Peak Bio Co., a South Korean biopharmaceutical company, is debuting on the Nasdaq through a merger with US blank cheque company Ignyte Acquisition C...

Korea's Mirae Asset to invest $200 mn in Musk’s Twitter deal

Korea's Mirae Asset to invest $200 mn in Musk’s Twitter deal

Mirae Asset Financial Group is set to chip in some $200 million toward Tesla CEO Elon Musk’s $44 billion takeover of Twitter Inc. in acquisiti...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation