new ship orders

Korea Transportation Asset Management (KOTAM) has raised $185 million from five domestic institutional investors to commit to BlackRock's new renewa...

Doosan Infracore Co., a leading South Korean heavy machinery and construction equipment maker, has won an order to build 15,000 forklift engines fro...

South Korea's LG Chem Ltd. has completed an extension of its production line for carbon nanotubes (CNTs), known as a wonder material for its strengt...

Hyundai Heavy Industries Group has won an order worth 227 billion won ($202 million) to build three liquefied petroleum gas (LPG) carriers, said its...

Google Inc. will acquire 56.5 billion won ($50 million) worth of new Kakao Mobility Corp. shares, in a strategic investment in the South Korean mobi...

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...

Samsung Electronics Co. has extended its lead in memory chips over its rivals by unveiling the industry’s first 512 gigabyte DDR5 module based...

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 Korean auto parts maker Mando Corp. will supply 1.4 trillion won ($1.2 billion) worth of suspension system components to Volkswagen AG over th...

South Korea's Police Mutual Aid Association (PMAA) has been looking for a new chief investment officer for a half year, while the sovereign wealth f...

Hyundai Heavy Industries Group has won new orders worth 823 billion won ($724 million) to build a total of 10 vessels for four global clients in Afr...

Kia Corp. has now revealed full images of the EV6, its first dedicated electric vehicle (EV), ahead of the car’s world premiere on Mar. 30. Th...

LG Energy Solution Ltd. may build an electric vehicle battery plant in the US to supply advanced battery cells to Tesla Inc. for its new models to b...

South Korea’s SK Global Chemical, a wholly owned subsidiary of SK Innovation, and POSCO have joined hands to develop steel and plastic composi...

South Korea’s Military Mutual Aid Association (MMAA) is looking for the successor of its financial division chief Kim Jae-dong, whose extended...

The Korea Investment Corporation (KIC) has named new heads of its private equity and absolute return groups this week, following the replacement of ...

Hyundai Motor Co.'s latest all-electric vehicle is making headlines in Europe, with over 10,000 users signing up for the 3,000 units of the limited ...

South Korea’s Hyundai Motor Group, under its new leader Chung Euisun, is seeking changes on its board of directors, the group's top business d...

South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, will spend 80% of its 2020 operating profit, or 547.8 billion ...

Hanwha Solutions Corp. plans to raise 1.41 trillion won ($1.3 billion) in a rights offering next month following more than a five-fold jump in its s...

The Korea International Trade Association (KITA) is expected to begin the appointment process for its new chair this week. South Korean conglomerate...

Coupang Corp., 37% owned by SoftBank Group, is set to become the first Korean company to list directly on the New York Stock Exchange, with its valu...

South Korean shipbuilders won the most shipbuilding orders worldwide in 2020, overtaking China and claiming the lead in the global shipbuilding indust...

Korea Post has appointed new chief investments officers of both its savings and insurance units, in an internal reshuffle of senior managers at the ...

South Korean entertainment companies are expanding their scope beyond the music scene and shifting to platform services, ushering in new valuations ...

The ruling Democratic Party’s push to hand out "a substantial amount" of new relief money has rattled the South Korean debt market, sending lo...

Brisk investment demand drove office building prices higher in Seoul and its southern neighboring area last year, with their combined transactio...

Samsung Electronics Co. was reported to be considering investing over $10 billion to build a new chip plant in the US. But the world’s top mem...

South Korea’s leading shipping companies have decided to deploy at least five container carriers on major sea routes to provide support for lo...

Samsung Electronics Co. has clinched its first order from Intel Corp. to manufacture Intel-designed chips, as the world’s top memory chipmaker...