HL Holdings wins exclusive AS parts deal from Stellantis

HL Holdings Corp., the holding company of South Korea’s construction-to-auto parts conglomerate HL Group, will be the exclusive supplier of af...

Korea’s Mobase to build US plant as it wins $733 mn Hyundai deal

SUWON, Gyeonggi Province -- Mobase Electronics Co., a South Korean automotive electronics parts maker, is planning to establish a plant in the US as...

Doosan Enerbility wins deal for fuel conversion project in Chile

South Korea's major power plant builder Doosan Enerbility Co. announced on Tuesday that it has won a contract for a fuel conversion project at a t...

Korea Inc. nearly triples dividend payments in decade

Cash dividend payments by companies listed on the Korea Exchange, the country's main bourse, have nearly tripled in a decade. They have returned a l...

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...

NPS corp governance committee taps SNU professor as member

A corporate governance committee of South Korea’s National Pension Service (NPS), the world's third-largest pension fund, has named a Seoul Na...

Block deals of Korean stocks surge ahead of tighter regulation

Block trades of South Korean listed shares have surged by six times so far this year from the same period in 2023, according to the Financial Superv...

Korea may partially lift short-selling ban from June: regulator

NEW YORK -- South Korea may partially lift a ban on short selling in the domestic stock market from as early as June, before removing the blanket ba...

S.Korea's monthly ramen export surpasses $100 mn

The monthly export value of South Korea's ramen exceeded $100 million for the first time. According to the Korea Customs Service's trade statistics...

Korea scraps ban on online purchase of 80 items from abroad

South Korea has scrapped a plan to ban direct purchases of some 80 items from overseas e-commerce platforms, a government office said on Sunday, aft...

Young rich Koreans set sights on M&As, commercial property deals

Young rich Koreans have emerged as big players in South Korea’s asset management market, expanding into M&As and commercial real estate, a...

Korean landfill companies put on market after Affirma deal

South Korea’s landfill companies are increasingly being put up for sale, drawing interest from private equity firms and environmental companie...

South Korean startups' Tokyo fever sizzles

Despite the recent Line-Yahoo cacophony, South Korean entrepreneurs are continuing their advance into Japan to find the next big market.On Thursday,...

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

Korean beauty brands show signs of turnaround in China

South Korean cosmetics brands are showing signs of a turnaround in China, with their sales in the neighboring country recovering from the slump over...

Tata, Korea's Woori to expand car financing services in Asia

Woori Financial Group Inc., the fourth-largest financial holding group in South Korea, and India’s top commercial vehicle maker Tata Motors Lt...

Strong exports power S.Korea’s manufacturing job growth

South Korea’s job increases rebounded in April with growth in the manufacturing sector at a 17-month high on strong exports amid the semicondu...

Korea Eximbank provides $120 mn credit to Cambodia

The Export-Import Bank of Korea (Eximbank) said on Friday that it signed an agreement with the Ministry of Finance of Cambodia to provide a foreign ...

South Korea to ban Chinese online products without KC certification

South Korea will ban products purchased online through overseas shopping platforms but without the KC certification amid growing concerns about prod...

Korea’s LX Pantos, China’s Sinotrans agree to launch logistics JV

LX Pantos Co., the logistics unit of South Korea’s LX Group, said on Thursday it will launch a multimodal transport joint venture with Sinotra...

Korea’s Eduwill suffers credit-rating cuts, capital erosion

Eduwill Corp., South Korea’s leading provider of online and offline test prep courses for adults, has taken a hit from a series of credit-rati...

Record $259 bn yet to find investment targets in South Korea

South Koreans parked a record 350 trillion won ($259 billion) in cash-equivalents such as money market funds (MMFs) as they failed to find investmen...

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...

MSCI Korea Index adds Alteogen, Enchem, HD Hyundai Electric

South Korea's Alteogen Inc., Enchem Co., and HD Hyundai Electric Co. will be added to the Morgan Stanley Capital International (MSCI) Korea Index.MS...

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 ...

Liquidity crisis looms at S.Korea’s M Capital amid project financing debacle

South Korea's financing and finance leasing firm M Capital Co. is facing a growing risk of liquidity crunch as its attempts to refinance maturing de...

Nongshim to open stores in Leclerc, Carrefour; expands plant in US

Nongshim Co., a leading South Korean instant noodle maker, said on Tuesday it is setting up stores within France’s two largest supermarket cha...

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

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