South Korea’s job growth rises in July led by elderly workers

South Korea’s job growth rises in July led by elderly workers

South Korea’s job numbers grew in July, led by new hires among those in their 60s and older in one of the world's fastest-aging countries. The...

US to award SK Hynix up to $450 mn for Indiana chip complex

US to award SK Hynix up to $450 mn for Indiana chip complex

The US government said on Tuesday it plans to provide SK Hynix Inc., the world’s leading high-bandwidth memory (HBM) chipmaker, up to $450 mil...

Hyundai Glovis, Huayou join hands for EV battery recycling

Hyundai Glovis, Huayou join hands for EV battery recycling

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, has teamed up with a unit of China’s Zhejiang Huayou Cobalt...

SGC E&C secures $92 mn chemical plant project in Malaysia

SGC E&C secures $92 mn chemical plant project in Malaysia

South Korea's SGC eTEC E&C Co. announced on Monday that it secured an additional chemical plant construction project in Malaysia worth 127.3 bil...

SK Chemicals, Kooksoondang to develop CR-PET container

SK Chemicals, Kooksoondang to develop CR-PET container

South Korea's SK Chemicals Co. and South Korean traditional rice-based wine brewery Kooksoondang Co. signed a memorandum of understanding (MOU) on T...

Korean stocks linked to a Trump victory soar after shooting

Korean stocks linked to a Trump victory soar after shooting

Investors in the South Korean stock market rushed to stocks seen as connected to former US President Donald Trump on Monday, such as construction, n...

Samsung to invest $52 mn in US biotech VC Flagship Pioneering

Samsung to invest $52 mn in US biotech VC Flagship Pioneering

Samsung C&T Corp., its bio units Samsung Biologics Co. and Samsung Bioepis Co. and Samsung Venture Investment Corp. have committed a combined 72...

Korea to keep track of EV battery life cycles for recycling

Korea to keep track of EV battery life cycles for recycling

The South Korean government will monitor electric vehicle (EV) battery life cycles to share information on the lifespan, performance and accident hi...

Korea Eximbank provides $810 mn credit to Bangladesh

Korea Eximbank provides $810 mn credit to Bangladesh

The Export-Import Bank of Korea (Eximbank) announced on Sunday that it will provide a credit of $810 million for the construction of the Karnaphuli ...

LG Energy halts Arizona battery plant building on weak EV sector

LG Energy halts Arizona battery plant building on weak EV sector

LG Energy Solution Ltd., the world’s third-largest electric vehicle (EV) cell maker, has suspended construction of a plant in Arizona for batt...

Lotte Chilsung to reduce plastic usage by 20% by 2030

Lotte Chilsung to reduce plastic usage by 20% by 2030

South Korea’s Lotte Chilsung Beverage announced on Thursday that it plans to reduce plastic usage by 20% by 2030 by decreasing the weight of p...

Doosan Bobcat to produce construction loaders in Mexico from 2026

Doosan Bobcat to produce construction loaders in Mexico from 2026

Doosan Bobcat Inc., a construction machinery and equipment maker under South Korean conglomerate Doosan Group, aims to boost its sales in North Amer...

LX Hausys Benif receives EPD certification

LX Hausys Benif receives EPD certification

South Korea's LX Hausys Co. announced on Thursday that its interior film product Benif obtained the Environmental Product Declaration (EPD) certific...

Carlyle, Keppel, Gaw Capital, IMM vying for Ecorbit

Carlyle, Keppel, Gaw Capital, IMM vying for Ecorbit

Carlyle Group, Temasek-backed Keppel Corp., Gaw Capital Partners, and a consortium of IMM Investment and IMM Private Equity have been selected as fi...

Dongbu Corp exceeds $730 bn in new orders

Dongbu Corp exceeds $730 bn in new orders

South Korea's Dongbu Corporation surpassed 1 trillion won ($727 million) in new orders this year by securing a 200 billion won ($145 million) railwa...

Hyundai Glovis, EcoPro team up for EV battery recycling business

Hyundai Glovis, EcoPro team up for EV battery recycling business

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, and EcoPro Co., the country’s leading electric vehicle batt...

SK embarks on business overhaul to focus on mainstays

SK embarks on business overhaul to focus on mainstays

South Korea’s second-largest conglomerate SK Group has embarked on a reshuffling process to focus on core units such as semiconductors and bat...

Korea Eximbank provides $1 bn in PF for Saudi Amiral project

Korea Eximbank provides $1 bn in PF for Saudi Amiral project

The Export-Import Bank of Korea (Eximbank) announced on Thursday that it will provide $1 billion in project financing for the Amiral petrochemical f...

Korean construction machine makers set sights on India, Brazil, Mexico

Korean construction machine makers set sights on India, Brazil, Mexico

South Korea’s leading construction machine makers are actively advancing into emerging markets such as India, Brazil, Mexico and Saudi Arabia,...

Hyundai Glovis to build waste battery management in Jeju

Hyundai Glovis to build waste battery management in Jeju

South Korea's Hyundai Glovis Co. will establish a management system for used electric vehicle (EV) batteries in Jeju Island. The company anno...

Korea's Taeyoung to sell local hotel to speed up debt workout

Korea's Taeyoung to sell local hotel to speed up debt workout

South Korea’s Taeyoung Group, which is undergoing a debt workout of its construction unit, is considering selling a four-star hotel and releva...

SK Geo reconsiders extent of $1.3 bn plastic recycling plant project

SK Geo reconsiders extent of $1.3 bn plastic recycling plant project

South Korea’s SK Geo Centric Co. is reconsidering how much it will invest in a planned $1.3 billion waste plastic recycling complex project in...

Taeyoung E&C kickstarts debt workout with loan sale to IGIS

Taeyoung E&C kickstarts debt workout with loan sale to IGIS

Creditors to Taeyoung Engineering & Construction Co. (Taeyoung E&C) gave the go-ahead to a debt workout program for the cash-strapped South ...

Overseas projects boost Korean builders’ earnings; GS profit cut in half

Overseas projects boost Korean builders’ earnings; GS profit cut in half

Large-scale overseas construction projects boosted major Korean builders’ quarterly results while lackluster domestic construction work, coupl...

HD Hyundai aims for world’s No. 5 spot in construction machinery

HD Hyundai aims for world’s No. 5 spot in construction machinery

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, is making big bets on Europe and South America to achieve its goal of seizin...

HD Hyundai, Hyundai Dept. Store to co-work for recycling plastic waste

HD Hyundai, Hyundai Dept. Store to co-work for recycling plastic waste

South Korea's HD Hyundai Oil Bank Co. and Hyundai Department Store Co. have partnered to create a closed-loop plastic film recycling system, a first...

Taeyoung E&C lets chairmen go as part of restructuring

Taeyoung E&C lets chairmen go as part of restructuring

Belt-tightening Taeyoung Engineering & Construction Co. (Taeyoung E&C), the 16th-largest construction company in South Korea and undergoing ...

Foreign banks expand Korean operations amid China’s slowdown

Foreign banks expand Korean operations amid China’s slowdown

Major foreign banks have actively increased staff at their operations in South Korea to offset growing uncertainty in their business in China, grapp...

Hyundai Commercial to enter online used equipment auction business

Hyundai Commercial to enter online used equipment auction business

Hyundai Commercial Inc., Hyundai Motor Group's vehicle financing arm, announced on Friday that it has signed a business agreement with HD Hyundai Co...

Hyundai Engineering, Trimble Solution to develop BIM

Hyundai Engineering, Trimble Solution to develop BIM

South Korea's Hyundai Engineering Co. announced on Wednesday that it partnered with Trimble Solution Korea to co-develop a building information mode...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required GEPS taps former KB Asset chief risk officer as new CIO Affinity Equity nets $220 mn from block sale of Shinhan Financial F&F’s bid for TaylorMade complicates Centroid's exit