global business
Scope
Date
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Debt financing
Kookmin Bank raises $700 mn in forex bonds amid strong demand
Kookmin Bank, a unit of KB Financial Group, raised $700 million in foreign exchange bonds on Tuesday, signaling a recovery in investor sentiment tow...
Apr 30, 2025 (Gmt+09:00)
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Business & Politics
US tariffs add risk premium to dollar assets: Maurice Obstfeld
WASHINGTON, D.C. – The US tariff increases are adding risk premiums to dollar-denominated assets, undermining the dollar’s role as a glo...
Apr 29, 2025 (Gmt+09:00)
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Earnings
Shinhan Financial’s overseas business blooms, on track for record earnings
Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...
Apr 28, 2025 (Gmt+09:00)
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Mergers & Acquisitions
LG Chem to sell water filter business to Glenwood PE for $692 million
South Korea’s LG Chem Ltd. has agreed to sell its water filter business – the world’s second-largest producer of reverse osmosis m...
Apr 28, 2025 (Gmt+09:00)
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Business & Politics
Trump Jr. to visit Seoul next week to meet Korean business leaders
Donald Trump Jr., the eldest son of the US President Donald Trump, is set to visit Seoul next week and meet with Korean business leaders grappling w...
Apr 23, 2025 (Gmt+09:00)
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Corporate strategy
Samsung seeks tech alliance with top US universities for robotics, AI, 6G
In an ambitious bid to shape the future of technology, Samsung Electronics Co. is launching a sweeping initiative to collaborate with elite North Am...
Apr 22, 2025 (Gmt+09:00)
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Food & Beverage
India: Tantalizing frontier for K-food’s global ambitions beyond China
South Korea’s processed food exports to India have surged to a record 6 trillion won ($4.1 billion), marking a significant milestone in the gr...
Apr 18, 2025 (Gmt+09:00)
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Mergers & Acquisitions
LG Chem’s medical skincare business sale draws tepid bid
South Korean chemical giant LG Chem Ltd.'s offer for sale of its cosmetics filler business, tagged with an asking price of more than 500 billion won...
Apr 18, 2025 (Gmt+09:00)
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Tech, Media & Telecom
Samsung fends off Apple to reclaim global smartphone crown in Q1
Samsung Electronics Co. has regained its position as the world’s top smartphone vendor in the first quarter, outpacing Apple Inc. despite the ...
Apr 17, 2025 (Gmt+09:00)
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Hydrogen
Hylium to supply liquefied hydrogen storage tanks to AirFirst
Hylium Industries Inc., South Korea’s hydrogen liquefier manufacturer, has signed a deal to supply high-capacity liquefied hydrogen storage ta...
Apr 16, 2025 (Gmt+09:00)
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Corporate strategy
Dongwon Industries to delist wholly owned Dongwon F&B
Dongwon Industries Co., the holding company of South Korea’s seafood-to-logistics Dongwon Group, will delist its canned tuna-manufacturing sub...
Apr 15, 2025 (Gmt+09:00)
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Korean chipmakers
SK chairman in Taiwan to deepen ties with TSMC
Chey Tae-won, chairman of SK Group, the parent of SK Hynix Inc., is visiting Taiwan amid the threat of escalating US tariff threats, suggesting the ...
Apr 10, 2025 (Gmt+09:00)
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Steel
POSCO eyes deeper steel, energy ties with global peers
POSCO Group, South Korea’s steelmaking giant, will further bolster its competitiveness in the global steel market and energy value chains thro...
Apr 10, 2025 (Gmt+09:00)
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Korean chipmakers
SK Hynix beats Samsung to become global No.1 DRAM maker
SK Hynix Inc. has snatched the crown from Samsung Electronics Co. to become the world’s largest memory chip supplier for the first time since ...
Apr 09, 2025 (Gmt+09:00)
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Mergers & Acquisitions
SK Group in talks with Hahn & Co. to sell SK Siltron
SK Inc., the holding company of SK Group, is in talks with Hahn & Co., a South Korean buyout firm, to sell SK Siltron Co., the country’s s...
Apr 08, 2025 (Gmt+09:00)
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Business & Politics
Samsung, LG review strategies as Trump slaps Vietnam with steeper tariffs
South Korea’s two leading electronics makers – Samsung Electronics Co. and LG Electronics Inc. – are being forced to reassess thei...
Apr 03, 2025 (Gmt+09:00)
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Electronics
LG’s global HVAC push takes off with new deal in Singapore
LG Electronics Inc. has landed a deal to supply its heating, ventilation, and air conditioning (HVAC) system to a fulfillment center in Singapore, a...
Apr 03, 2025 (Gmt+09:00)
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Automobiles
Hyundai Motor launches global talent recruitment program
South Korea’s top automaker Hyundai Motor Co. has launched a global talent recruitment program, beginning April 1 via its official hiring webs...
Apr 01, 2025 (Gmt+09:00)
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Bio & Pharma
MicroDigital's Disco Pang Pang-inspired bioreactors debut in US
MicroDigital Co., a bio-instrument and diagnostic kit manufacturer, is set to launch single-use bioreactors in the US, marking the first shipment of...
Apr 01, 2025 (Gmt+09:00)
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Batteries
Samsung SDI launches mass production of 46 mm-diameter batteries
Samsung SDI Co. has become South Korea’s first company to mass-produce cylindrical 46-millimeter(46 mm)-diameter batteries, regarded as ...
Apr 01, 2025 (Gmt+09:00)
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Business & Politics
Samsung's Lee meets with Xi amid Beijing’s balancing act vs Washington
Samsung Electronics Co. Chairman Lee Jae-yong, along with other global tech leaders, met with Chinese President Xi Jinping in Beijing on Friday as C...
Mar 28, 2025 (Gmt+09:00)
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Retail
Koreans’ craving for luxury goods fades
Until recently, it was not unusual to see people waiting in a long line in front of foreign haute couture brands’ stores early in the morning ...
Mar 28, 2025 (Gmt+09:00)
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Pension funds
Global assets drive Korean teachers' fund to 11.1% return in 2024
The Korean Teachers’ Credit Union (KTCU) achieved an 11.1% return on investments in 2024, with overseas portfolios in stocks, infrastructure a...
Mar 26, 2025 (Gmt+09:00)
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Business & Politics
US Chamber of Commerce sees Korea’s business penalties as trade barrier
The US Chamber of Commerce, the country’s largest lobbying group, told Washington that South Korea’s penalties on businesspeople are amo...
Mar 23, 2025 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace plans record $2.5 bn rights offering for plant expansion
Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through ...
Mar 20, 2025 (Gmt+09:00)
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Artificial intelligence
LG takes on Big Tech AI in reasoning with Exaone Deep
LG AI Research, the artificial intelligence (AI) research and development unit of South Korea's LG Group, has unveiled Exaone Deep, an open-source A...
Mar 18, 2025 (Gmt+09:00)
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Leadership & Management
Samsung in 'do or die' situation'; Lee sounds crisis alarm
Samsung Electronics Co. Chairman Lee Jae-yong has warned the company's executives that the South Korean tech giant has lost its characteristic "rele...
Mar 17, 2025 (Gmt+09:00)
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Automobiles
Kia to ramp up Seltos output to meet high global demand
Kia Corp. will expand production of its compact sport utility vehicle, the Seltos, after selling 310,000 units of the model across the globe, making...
Mar 13, 2025 (Gmt+09:00)
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Korean chipmakers
Magnachip to sell display business in H1 to focus on power semiconductors
South Korean chipmaker Magnachip Semiconductor Corp. plans to sell its display business by the end of the first half as part of a strategic shift to...
Mar 13, 2025 (Gmt+09:00)
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Real estate
Global real estate market poised for strong rebound: Savills
The global real estate market is expected to pick up significantly over the next few years, with around $500 billion worth of real estate assets, he...
Mar 12, 2025 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet