expanding new plant

Singapore-based private equity firm Affirma Capital has founded an affiliate for private credit management and tapped Kim Seong-mok, a former execut...

Eight years ago today, the late Samsung Group leader Lee Kun-hee collapsed at his home following a heart attack, a harbinger of doom six years later...

Hyundai Motor Co. is preparing to announce a plan to build its first electric vehicle plant in the US, a source familiar with the matter said on Mon...

Hyundai Motor Co. plans to build a liquefied natural gas-fueled power plant to secure a stable supply of electricity for its factories and embrace t...

Shares in South Korea's GS Retail Co. suffered their worst percentage fall in nearly five years on May 6, after the convenience store operator's fir...

South Korea's major power plant builder Doosan Enerbility Co. has significantly improved its financial health, with its debt-to-equity ratio tumblin...

South Korea's Lotte Duty Free Co. is slated to open a downtown store in Sydney on May 5, after Australia reopened its international borders to forei...

South Korea’s incoming administration seeks to export 10 nuclear power plants by 2030 as President-elect Yoon Suk-yeol pledged to rescind the ...

South Korea’s No. 1 noodle maker Nongshim Co. is aiming for top place in the world’s instant noodle market, looking to beat the current ...

Hong Kong-based Baring Private Equity Asia is planning to raise a total of 674 billion won ($532 million) in loans for South Korea's Acuon Capital a...

South Korea’s top three general trading companies, LX International Corp., POSCO International Corp. and Samsung C&T Corp. achieved record...

The price of a public golf course in South Korea has surged 35% in one and a half years to set the highest per-hole selling price for a Korean golf ...

Doosan Enerbility Co., South Korea's major power plant builder, will participate in a nuclear power plant in the US as a key equipment supplier for ...

Samsung Electro-Mechanics Co. will supply its semiconductor package substrate to Apple Inc. for the US tech giant’s next-generation M2 process...

South Korea's food and beverage giant CJ CheilJedang Corp. on April 21 began shipment of its new Hetbahn instant rice products for US consumers from...

Cosmax Inc., a major South Korean original design manufacturer (ODM) for L'Oréal and other global cosmetics giants, is strengthening its ma...

CJ Corp. launched an artificial intelligence center Wednesday, which it hopes will lead the conglomerate's digital innovation. The new CJ AI Cente...

South Korea’s incoming government plans to extend the service life of eight more nuclear power plants than originally planned as President-ele...

South Korean biotech and pharmaceutical companies are expanding their footholds in the global space medicine market. Boryung, formerly Boryung Pharm...

LG Magna e-Powertrain Co. broke ground on Tuesday for a factory to produce electric vehicle components in Mexico to meet the growing demand for eco-...

IonQ and Hyundai Motor Co. announced a new project on Wednesday designed to apply quantum machine learning to image classification and 3D object det...

South Korea’s lawmakers gave the nod to the nomination of veteran International Monetary Fund official Rhee Chang-yong as the country’s ...

South Korea’s distilled spirit soju is alluring more young drinkers in Japan, the home of its rival liquor shochu, as K-content such as drama ...

South Korean conglomerate SK Group’s industrial gas-making unit is set to sell a local production facility for about 1 trillion won ($809 mill...

Some of the four shortlisted bidders for South Korea's SK On Co. recently went back to the drawing board to assess the value of the world's No. 5 el...

Sales of leisure vehicles in South Korea, primarily sport utility vehicles (SUVs) and minivans, exceeded half of domestic finished car sales in the ...

Kia Corp., South Korea’s second-largest automaker, has chosen Coupang Inc. as its first partner for the production of a purpose-built vehicle ...

South Korean companies’ production in Shanghai is expected to remain disrupted long on the lockdown to curb the spread of COVID-19, raising co...

NEW YORK – Hyundai Motor Co. is spending $300 million to add an electric vehicle production line to its manufacturing plant in Alabama as the ...

South Korea’s Shinhan Financial Group is intensifying its online car sales business through partnerships with online platforms. The group&rs...