Hyundai Glovis signs $796 million shipping deal with global automaker

Hyundai Glovis signs $796 million shipping deal with global automaker

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it has clinched a 1.05 trillion won ($796 million)...

Samsung C&T, KSS Line to jointly transport clean hydrogen, ammonia

Samsung C&T, KSS Line to jointly transport clean hydrogen, ammonia

Samsung C&T Corp., the construction and trading arm of Samsung Group, is set to build an infrastructure for maritime transportation of clean hyd...

Korea's Walkerhill Hotels and Resorts posts 1st surplus in 11 quarters

Korea's Walkerhill Hotels and Resorts posts 1st surplus in 11 quarters

South Korea's Walkerhill Hotels and Resorts, run by SK Networks, has returned to the black after two years and nine months thanks to growth in the n...

Lotte Chemical posts deficit for second straight quarter

Lotte Chemical posts deficit for second straight quarter

Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis in the third quarter...

Falling Korea current account surplus heightens economic woes

Falling Korea current account surplus heightens economic woes

South Korea’s current account surplus has shrunk on falling exports, adding to concerns over a slowdown in Asia’s fourth-largest economy...

Aekyung Chemical develops 1st domestically made refrigeration lubricant

Aekyung Chemical develops 1st domestically made refrigeration lubricant

Korea's Aekyung Chemical, an affiliate of Aekyung Group, along with GS Caltex, has made the nation's first localized refrigeration lubricant in line...

Intensify 'friend-shoring' to boost foreign direct investment: Baldwin

Intensify 'friend-shoring' to boost foreign direct investment: Baldwin

Global businesses are forecast to suffer supply chain disruptions next year amid worsening geopolitical risk, such as the Russia-Ukraine war and pro...

KT adds partner to expand Vietnam digital healthcare biz

KT adds partner to expand Vietnam digital healthcare biz

KT Corp., a major South Korean telecom operator, has teamed up with another local company to expand its digital healthcare business in Vietnam furth...

Samsung Biologics in CDO deal talks with global pharma firm

Samsung Biologics in CDO deal talks with global pharma firm

FRANKFURT – Samsung Biologics Co., the world’s largest contract drugmaker, is in talks to develop medicines for a global pharmaceutical ...

S.Korea's shipbuilding order volume to plummet next year: report

S.Korea's shipbuilding order volume to plummet next year: report

South Korea's shipbuilders fear seeing their orders next year plummet by over 40% on-year due to disruptions in related financing amid surging inter...

SK On to buy battery material lithium hydroxide from Chile's SQM

SK On to buy battery material lithium hydroxide from Chile's SQM

SK On Co., the world’s fifth-largest electric battery maker, said on Sunday it signed a deal on Nov. 4 to purchase lithium hydroxide, a key ba...

SK IE Technology to embark on non-deal roadshow in Hog Kong, Singapore

SK IE Technology to embark on non-deal roadshow in Hog Kong, Singapore

SK IE Technology Co. (SKIET), a unit of South Korea’s energy and battery maker SK Innovation Co., said on Friday it is embarking on a non-deal...

Doosan Enerbility to supply offshore wind substructures to Orsted

Doosan Enerbility to supply offshore wind substructures to Orsted

South Korea’s leading power plant builder Doosan Enerbility Co. said on Thursday that its Vietnamese subsidiary has signed an agreement to pro...

Korean LED maker marks 100th victory in global patent wars

Korean LED maker marks 100th victory in global patent wars

Seoul Semiconductor Co., the world’s second-largest light-emitting diode (LED) display maker, won a patent lawsuit in Germany, setting a recor...

Dongwon Industries reborn as holdings company after 53 years

Dongwon Industries reborn as holdings company after 53 years

Korea's seafood giant Dongwon Industries on Wednesday said its completed merger with Dongwon Enterprise has given their parent Dongwon Group a new h...

Korea's SK Chemicals to make chemically recycled food containers

Korea's SK Chemicals to make chemically recycled food containers

South Korea's SK Chemicals on Tuesday said it has joined forces with Poolinglim P&P to make the nation's first food containers using chemically ...

Domino’s Korea to use third party delivery agents, the franchise's first case

Domino’s Korea to use third party delivery agents, the franchise's first case

It took a whole year for Domino’s Korea to convince the Michigan-based delivery pizza behemoth for an exemption to its corporate guidance of u...

Samsung smartphone shipments down 7.4% in Q3; outlook dim

Samsung smartphone shipments down 7.4% in Q3; outlook dim

Samsung Electronics Co. suffered a drop in smartphone shipments during the third quarter on weak demand, adding to concerns over the sector’s ...

Samsung to use rare gas produced by POSCO for chip manufacturing

Samsung to use rare gas produced by POSCO for chip manufacturing

Samsung Electronics Co., the world’s largest memory chipmaker, will significantly raise the use of locally produced xenon, a critical gas for ...

NPS considers new investment in global real estate

NPS considers new investment in global real estate

South Korea’s National Pension Service (NPS) is open to new investments in overseas real estate, the pension fund’s American real estate...

Teachers' Pension continues focus on global residential, logistics

Teachers' Pension continues focus on global residential, logistics

South Korea’s Teachers’ Pension (TP) will continue its focus on residential and logistics in global real estate investments next year, t...

Hyundai Motor to build more solar cell facilities to power Ulsan plant

Hyundai Motor to build more solar cell facilities to power Ulsan plant

South Korea’s top automaker Hyundai Motor Co. will build additional solar cell power generation facilities at its main plant in Ulsan amid a m...

POSCO Chemical posts record third-quarter sales, operating profit

POSCO Chemical posts record third-quarter sales, operating profit

POSCO Chemical Co., a unit of South Korea’s steel giant POSCO Holdings Inc., on Monday posted record revenue and operating profit in the third...

Korea’s FTC to toughen reviews on platform sector M&As

Korea’s FTC to toughen reviews on platform sector M&As

South Korea’s antitrust body is set to strengthen reviews on acquisitions for different businesses in the platform industry to resolve the pro...

Korea eyes $20 bn in weapons exports as Hanwha inks $6 bn Polish deal

Korea eyes $20 bn in weapons exports as Hanwha inks $6 bn Polish deal

South Korea has moved a step closer to achieving a record 28 trillion won ($20 billion) in weapons exports this year, with Hanwha Defense Co. clinch...

S.Korea to widen tech gap with global shipbuilding rivals

S.Korea to widen tech gap with global shipbuilding rivals

South Korea, the world’s largest shipbuilding country, will expand its production of high-value-added specialized vessels, such as liquefied h...

POSCO Holdings' Q3 profit tumbles on steel mill shutdown

POSCO Holdings' Q3 profit tumbles on steel mill shutdown

POSCO Holdings Inc., the holding company of the world’s sixth-largest steel maker, missed market estimates for its quarterly profit as last mo...

Samsung mulls new foundry plant in Europe, to expand outsourcing

Samsung mulls new foundry plant in Europe, to expand outsourcing

Samsung Electronics Co., the world’s largest memory chipmaker, is considering expanding outsourced chip production and building a new foundry ...

POSCO Chemical may clinch megadeal to supply cathode to Ford Motor

POSCO Chemical may clinch megadeal to supply cathode to Ford Motor

POSCO Chemical Co., a unit of South Korea’s steel giant POSCO Holdings Inc., is looking to forge a long-term contract to supply cathode, a key...

Hyundai Mobis supplies EV modules to Mercedes in US

Hyundai Mobis supplies EV modules to Mercedes in US

South Korea’s top auto parts manufacturer Hyundai Mobis Co. has begun supplying key modules for Mercedes-Benz AG’s electric vehicles pro...

Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares   Seoul vows zero-tolerance measures against unfair stock trading