MBK to buy Medit at lower price than Carlyle-GS bid

MBK Partners, a leading Asian private equity firm, is set to buy Medit Corp. at a lower price than a bid from the US PE giant The Carlyle Group-led ...
MBK Partners, a leading Asian private equity firm, is set to buy Medit Corp. at a lower price than a bid from the US PE giant The Carlyle Group-led ...
South Korea’s electrolyte maker Enchem Co. said Monday it aims to expand its annual production capacity in the US to 300,000 tons by 2026 to m...
SK picglobal, a joint venture between SKC's chemical division and a subsidiary of the Kuwait Petroleum Corporation (KPC) named PIC, have built a pla...
SK Innovation Co. on Sunday announced its adoption this year of an "internal carbon pricing system" recently approved by its board of directors. Th...
South Korea's cable TV provider LG HelloVision and security company S-1 Corp. announced they will jointly develop a home-based platform using ...
Hanwha Q CELLS Co. on Thursday said it will join an R&D project for next-generation solar cells that has received 15 million euros (around 20 bi...
Business sentiment among South Korea's companies has fallen to its lowest level in 23 months, as worsening business conditions mainly in the non-man...
Asia’s benchmark refining margin is staging a rebound, providing relief for South Korea’s oil companies, which now expect their full-yea...
General Motors Co. plans to shut down a production line in South Korea as the US automaking giant aims to focus on manufacturing small cars in the c...
SK Lubricants Co., the world’s leading lube base oil supplier, said on Sunday it will be rebranded as SK Enmove Co. on Dec. 1.The new name com...
Samsung Electronics Co. is the world’s top brand with a score of 127, according to research firm YouGov’s Global Best Brand Rankings for...
The implosion of the Bahamas-based crypto exchange FTX is causing ripple effects around the world, and South Korea is no exception.Seoul-based cry...
South Korea’s two largest home appliance makers – Samsung Electronics Co. and LG Electronics Inc. – have swept a record number of ...
The global semiconductor industry has been plagued by a chip shortage for a couple of years with automakers and other manufacturers struggling to se...
LG Electronics Inc., the world’s top home appliance maker, is launching a total care service for products in South Korea to enhance after-sale...
South Korea's food giant Pulmuone on Monday said it will boost production of pasta-based convenience food in China by expanding its first plant in P...
South Korea's SK Nexilis, a maker of copper foil for secondary cells under SKC Inc., has achieved a world first with its development of a highly elo...
Hyundai Motor Co., South Korea’s top automaker, joined hands with an Indonesian miner to secure a stable aluminum supply as demand for the raw...
The price of manufactured food has been surging in recent months, beginning with ready-made rice, instant noodles, and snacks. This week...
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)...
South Korean private equity (PE) firms are having trouble fundraising as institutional investors' capital for new investment is drying up amid inter...
South Korea's Lotte Mart and Lotte Super will break away from the formats of hyper- and supermarkets and jointly raise the competitiveness of grocer...
LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, said on Wednesday it has joined forces with Alt...
South Korea’s job growth in October fell for a fifth consecutive month to the lowest in eleven months, boosting concerns over a slowdown in As...
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has begun selling low-power, high-efficiency DRAM chips calle...
South Korea's Daesang Corp. plans to build a kimchi factory in Poland as an outpost for entering the European market, where Korean food is hotter th...
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...
Infracapital invests in, builds and manages a diverse range of essential infrastructure to meet the changing needs of society and support long-te...
South Korea’s central bank may increase interest rates by 50 basis points again as the US Federal Reserve continued to aggressively tighten mo...
The South Korean economy grew at its slowest pace of the year in the third quarter on weak net exports, adding to concerns over a further slowdown i...