Hanwha Ocean, Canadian firms to collaborate on submarine projects

Hanwha Ocean, Canadian firms to collaborate on submarine projects

South Korea's Hanwha Ocean Co. announced on Friday that it partnered with three Canadian companies at Canada’s largest defense exhibition, CAN...

NPS logs 5.8% return in Q1 led by US tech stock rally

NPS logs 5.8% return in Q1 led by US tech stock rally

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, posted a 5.82% investment return for the first quarter ...

Hanwha Q Cells builds US solar farm for power supply to Meta

Hanwha Q Cells builds US solar farm for power supply to Meta

Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Thursday it has completed a solar power complex...

Korea's bad loan managers seek liquidity via bond sales

Korea's bad loan managers seek liquidity via bond sales

South Korean non-performing loan (NPL) managers are increasing fundraising through corporate debt issuance given an outbreak of bad loans amid highe...

Ineos, Hanwha mull joint US low-carbon ammonia project

Ineos, Hanwha mull joint US low-carbon ammonia project

Global chemical company Ineos Group Ltd. and South Korea’s Hanwha Group have teamed up to assess building a low-carbon ammonia facility in the...

Samsung to deepen foray in US HVAC market with Lennox

Samsung to deepen foray in US HVAC market with Lennox

Samsung Electronics Co. will set up a heating, ventilation and air conditioning (HVAC) joint venture with Lennox International Inc., a major US HVAC...

Hanwha Galleria poised to buy drink maker Pure Plus

Hanwha Galleria poised to buy drink maker Pure Plus

Hanwha Galleria Corp., a South Korean department store operator, signed a memorandum of understanding early this month to buy a domestic non-alcohol...

Hanwha Q Cells eyes solar power business diversification

Hanwha Q Cells eyes solar power business diversification

Hanwha Q Cells Co., a solar power unit of South Korean chemicals-to-defense conglomerate Hanwha Group, is striving for revenue stream diversificatio...

Hanwha Ocean ties up with Polish firm for submarine deal

Hanwha Ocean ties up with Polish firm for submarine deal

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has joined hands with Polish state-run defense group Polska Grupa Zbrojeniowa S.A. ...

Hanwha Aerospace, Hanwha Ocean to develop hydrogen fuel cells

Hanwha Aerospace, Hanwha Ocean to develop hydrogen fuel cells

South Korea's Hanwha Aerospace Co. announced on Friday that it will join Hanwha Ocean Co. in a joint R&D initiative to target the eco-friendly...

Risk management is more important than ever, GPs say

Risk management is more important than ever, GPs say

Risk management and investment firms' operational capabilities have become more important than ever amid economic uncertainties, said speakers at th...

Niche real asset creates new opportunities, Korean investors say

Niche real asset creates new opportunities, Korean investors say

The scope of real assets is expanding with new businesses such as infrastructure operating services and supply chain management, creating niche oppo...

Hanwha Foodtech opens R&D center in Seongnam

Hanwha Foodtech opens R&D center in Seongnam

Hanwha Foodtech, a subsidiary of Hanwha Hotels & Resorts specializing in food and beverages, announced on Wednesday that it opened a research an...

Hotel Lotte resumes global push with management deals

Hotel Lotte resumes global push with management deals

Hotel Lotte Co., South Korea’s leading hospitality, leisure and travel retail giant, has resumed its global expansion push after its hotel and...

Hanwha Ocean to adopt Kyocera founder Inamori’s amoeba management

Hanwha Ocean to adopt Kyocera founder Inamori’s amoeba management

South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, said on Friday it has partnered with Japan’s Kyocera Commun...

LG Energy wins estimated $1 bn ESS battery deal from Qcells

LG Energy wins estimated $1 bn ESS battery deal from Qcells

LG Energy Solution Ltd., the world’s third-largest battery maker, won an estimated $1 billion energy storage system (ESS) deal from the US uni...

Hyundai Glovis to build waste battery management in Jeju

Hyundai Glovis to build waste battery management in Jeju

South Korea's Hyundai Glovis Co. will establish a management system for used electric vehicle (EV) batteries in Jeju Island. The company anno...

Hanwha wins fighter jet radar antenna deal from Leonardo

Hanwha wins fighter jet radar antenna deal from Leonardo

South Korean aerospace and defense contractor Hanwha Systems Co. is set to supply antennas for active electronically scanned array (AESA) radars to ...

LG Uplus unveils Yonsei Univ. Metaverse Campus

LG Uplus unveils Yonsei Univ. Metaverse Campus

South Korea's LG Uplus Corp. announced on Tuesday that its university metaverse platform Uverse unveiled a dedicated metaverse campus called Meta Yo...

LX International joins UNGC

LX International joins UNGC

South Korean trading firm LX International Corp. announced on Tuesday that it joined the United Nations Global Compact (UNGC) to strengthen its envi...

Deutsche Bank's Korea IB head quits after country head resigns

Deutsche Bank's Korea IB head quits after country head resigns

Cho Man Chul, managing director and head of investment banking at Deutsche Bank in Korea, has resigned, according to people with knowledge of the ma...

Hyundai Asset to enter offshore wind power market

Hyundai Asset to enter offshore wind power market

South Korea's Hyundai Asset Management Co. announced on Monday that it signed a business agreement with Cyan Renewables, a Singapore-based specialis...

Hanwha buys S’pore Dyna-Mac’s stake for $73.8 mn from Keppel

Hanwha buys S’pore Dyna-Mac’s stake for $73.8 mn from Keppel

South Korea’s chemicals-to-defense conglomerate Hanwha Group bought a stake in Dyna-Mac Holdings Ltd., a Singaporean floating facility designe...

Macquarie Korea Asset Management confirms two nominees

Macquarie Korea Asset Management confirms two nominees

Macquarie Group has named two executives at its Seoul-based real asset investment unit, which manages the main Kospi-listed Macquarie Korea Infrastr...

Samsung SDS unveils supply chain solution in US

Samsung SDS unveils supply chain solution in US

South Korea's Samsung SDS Co. introduced a supplier relationship management (SRM) solution at the Gartner Supply Chain Symposium 2024 in Orlando, Fl...

VC firm DSC Investment forms Korea's largest secondary fund

VC firm DSC Investment forms Korea's largest secondary fund

South Korean asset manager DSC Investment has formed the country’s largest-ever fund for venture capital secondaries to explore opportunities ...

Near-zero interest rate deposits swell at Korean banks

Near-zero interest rate deposits swell at Korean banks

Demand and short-term deposits at South Korea’s top five banks have expanded 5% to 657 trillion won ($480 billion) in the first quarter of thi...

SoftBank to buy part of Naver's Line stake by July: CEO Miyakawa

SoftBank to buy part of Naver's Line stake by July: CEO Miyakawa

TOKYO – SoftBank Corp., which runs LY Corp., the operator of the popular mobile messenger app Line in Japan, said on Thursday it is in talks w...

UAE to invest up to $1 bn in S.Korean ventures

UAE to invest up to $1 bn in S.Korean ventures

The United Arab Emirates is set to invest a maximum of $1 billion in South Korean startups via a joint venture, as a part of its mid- to long-term p...

Jusung Engineering to spin off major units

Jusung Engineering to spin off major units

South Korea's Jusung Engineering Co. plans to spin off its semiconductor, solar, and display equipment businesses and transform into a holding com...

S.Korea’s extra budget approved; IBs lift economic forecast BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race