Tesla supplier L&F’s earnings disappoint; shares down

L&F Co., global electric vehicle leader Tesla Inc.’s battery materials supplier, missed quarterly earnings estimates on sluggish product p...

Samsung Bioepis seeks to buy Biogen biosimilar unit

Samsung Bioepis Co., a biopharmaceutical research and development unit under South Korea’s Samsung Group, seeks to buy a biosimilar business d...

Samsung Elec to provide HBM3, packaging service to Nvidia

Samsung Electronics Co., the world’s top memory chipmaker, is set to provide high-performance semiconductors and packaging service to the glob...

Korea's HD KSOE to buy 35% stake in marine engine maker STX

HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) is slated to acquire STX Heavy Industries Co. to make large engines for small-to-mid-siz...

Hanwha poised to secure Australian armored vehicle deal

Hanwha Aerospace Co. has taken a step closer to clinching an Australian armored vehicle supply contract as the government chose the South Korean def...

KEPCO KPS signs O&M extension agreement for Uruguay power plant

South Korea’s KEPCO KPS signed an extension agreement with the Uruguayan Electricity Authority (UTE) on Wednesday for the operation and mainte...

S.Korea’s fashion brand Handsome expands overseas portfolio

South Korean fashion company Handsome Corp. is accelerating expansion of its portfolio for licensing foreign brands.The company on Monday said it co...

LG Energy Solution expands cobalt supply deal with Canada’s Electra

LG Energy Solution Ltd. has signed a long-term contract to receive additional refined cobalt from Electra Battery Materials Corp. in Canada, in a mo...

GS Entec signs deal with global offshore wind power developer

GS Entec, an energy equipment manufacturer under South Korea’s GS Global Corp., on Monday said it signed a memorandum of understanding with th...

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...

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

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

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

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

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

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

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

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

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-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 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

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

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

SK C&C to release Kospi-focused AI investment strategy service

SK C&C, an information and communications technology affiliate of South Korea’s SK Group, will create an artificial intelligence (AI) inve...

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

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

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

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