energy new business

Lotte Mart and Lotte Super are leading Lotte Group’s efforts to streamline the overlapping businesses of its units. Their second-quarter resul...

South Korea's LG Innotek Co. announced on Wednesday that it has entered into a 20-year power purchase agreement (PPA) with a domestic energy company...

Tires tailored for electric vehicles are expected to become the next cash cow of South Korean tire maker Kumho Tire Co. thanks to growing EV tire or...

Meta CEO Mark Zuckerberg is losing a fight against Tesla CEO Elon Musk in the South Korean short-form social media platform sector.Threads, Meta&rsq...

The Federation of Korean Industries (FKI), the voice of the conglomerates that formed the engine of the South Korean economy for more than five deca...

South Korea's Hanmi Pharmaceutical Co. announced on Tuesday that it has received approval for the phase 1 clinical trial plan of the immune-oncology...

Samsung Securities Co., in a surprise move, has decided not to rejoin South Korea’s top business lobby, the Federation of Korean Industries (F...

LG Electronics Inc. will soon roll out a new and improved washer-dryer combo.The company on Monday said it will unveil the LG Signature Washer-Dryer...

South Korea's Samsung Electronics Co. announced a partnership with domestic video game developer Nexon Co. on Monday to release the world's first ...

Hanwha Life Insurance Co.’s Vietnamese subsidiary has reported a cumulative profit in 15 years, marking the first South Korean insurers’...

Kia Corp., South Korea’s No. 2 automaker, aims to revitalize the local city car segment with the reintroduction of an electric version of the ...

South Korean food giant CJ CheilJedang Corp. announced on Friday that it has signed a business agreement with Kakao Healthcare, a digital healthcare...

South Korea's JW Pharmaceutical has won approval from Taiwan's Food and Drug Administration (TFDA) to conduct phase 3 clinical trials for its gout t...

South Korean pharmaceutical giant Celltrion Group has begun procedures to merge biopharmaceuticals developer and producer Celltrion Inc. with global...

South Korea's game developer and publisher Pearl Abyss Corp. will participate in Gamescom 2023, Europe's largest gaming expo to be held in Cologne...

Kia Corp. has unveiled its new Sorento, a facelift of its fourth-generation sport utility vehicle (SUV). The company announced on Thursday that it w...

Hyundai Motor Co. has acquired a car manufacturing plant in India from General Motors Co. as South Korea's top automaker aims to expand its presence...

Samsung Electronics Co. has bagged the first foundry order for its new factory that will be up and running later next year in Taylor, Texas, from Am...

Nomura Securities recently said global new shipbuilding orders likely peaked in 2022, slashing its stock recommendation rating on industry leader HD...

Park Chan-koo, honorary chairman of Kumho Petrochemical Co., and 11 other South Korean business leaders have been granted presidential pardons to ...

Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking fo...

South Korea's Qurient Co. announced on Monday that it signed a research and development agreement with the US government agency National Cancer Inst...

South Korean game developers are struggling to revive gamers’ interest without releasing new blockbuster titles to fill the big shoes left by ...

Hyundai Motor Co. is set to release the fifth-generation model of its midsize sports utility vehicle (SUV) Santa Fe on Wednesday. This marks a full ...

South Korea’s KCGI Asset Management, formerly Meritz Asset Management, announced on Friday that it has hired Cho Won-bok, former division head...

SK Hynix Inc., the world’s second-largest memory chipmaker, supplied DRAM chips with the industry’s largest capacity for mobile devices ...

South Korea's Taihan Cable & Solution Co. announced on Friday that its consolidated operating profit for the first half of this year reached 41....

The Bank of Korea announced on Friday that it has appointed Ryoo Sang-dae, the current vice president of Korea Housing-Finance Corp., as its new s...

HYBE Co., the agency of K-pop sensation BTS, is slated to acquire a controlling stake in music label Belift Lab Inc. as South Korean entertainment p...

South Korea’s game developers are rushing to remake classic titles to recover profitability by appealing to former fans with hit intellectual ...