global business

South Korea’s Doosan Group has launched a task force to foster its hydrogen fuel cell business as one of its key growth drivers.The heavy mach...

SK E&S Co. will hire a global investment bank to launch the process of raising 2 trillion-3 trillion won ($2 billion-$3 billion) in new capital ...

Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...

South Korean brokerage houses enjoyed a bumper year in 2020 with a record fee income from global derivatives trading, driven by retail investors' ve...

South Korea’s heavy machinery manufacturers are making a strong start this year, reporting the highest first quarter revenue figures since 201...

South Korean content platforms' appetite for webtoons remains strong as major players such as Naver Corp. and Kakao Corp. further ramp up their webt...

LG Electronics Inc. announced on Monday its exit from the loss-making mobile phone business, which has accumulated operating losses of 5 trillion wo...

South Korea’s top conglomerates have enjoyed their domestic market leadership for decades with a focus on the steel, shipbuilding and petroche...

South Korea’s largest auto parts maker Hyundai Mobis will undergo significant reforms in its business model to become a future mobility platfo...

SK Inc., the holding and investment company of SK Group, South Korea’s third-largest conglomerate, has acquired a 70% stake in Yposkesi, a Fre...

BlackRock Inc., the world’s largest asset manager, has sold its retail business in South Korea to a small domestic investment firm to concentr...

South Korea’s Samsung Heavy Industries has landed an order to build 20 very large container ships (VLCS) at 2.8 trillion won ($2.5 billion), t...

The combined balance of overseas real estate investment funds sold in South Korea saw a drop in their net asset value below the original value by 40...

Slightly more than a year since the COVID-19 pandemic upended the business world, the role of management consultants has become important more than ...

South Korea’s Lotte Group is entering the bio business for the first time in its history by acquiring a significant stake in Enzychem Lifescie...

Leading international law firms with offices in South Korea are gearing up for growing legal service demand from local companies in their push for m...

South Korea’s die and mold industry reported another year of export growth last year, fueled by record-high volume to North America, and maint...

LG Energy Solutions Ltd. announced on Friday that it will invest more than 5 trillion won ($4.5 billion) by 2025 to expand its US battery business, ...

The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world.  ...

Hanwha Group has created an internal task force headed by the group's heir apparent to strengthen its presence in the fast-growing global space sect...

Naver Corp., South Koreans’ largest online portal, has picked Morgan Stanley and Mirae Asset Daewoo Securities Co. to underwrite its first glo...

The global semiconductor shortage that has hit the automotive industry is also making its impact on major smartphone makers around the world.  ...

South Korea’s Hyundai Heavy Industries Holdings Co. and Saudi Aramco have agreed to launch a hydrogen partnership in a step toward building a ...

Samsung Electronics Co., the world’s largest TV maker, has launched new flashy flagship TV models, with which the tech giant aims to retain it...

Graphene is often called a “wonder material” because of the extraordinary properties that come from its nano-scale structure. It is an e...

Hyundai Motor Co. has hired a US aerospace expert as the chief technology officer of its urban air mobility (UAM) business as part of the automotive...

South Korea’s SK Bioscience Co. is looking to post 1 trillion won ($900 million) in annual revenue from its vaccine business as the biopharmac...

South Korea’s third-largest conglomerate SK Group is eyeing a joint venture with a global petrochemical firm as part of the group’s stra...

South Korea’s 36 insurance companies have invested a combined 70 trillion won ($63 billion) in overseas alternative investments as of the end ...

South Korea's Government Employees Pension Service (GEPS) is planning to commit a combined 150 billion won ($135 million) to three global infrastr...