retail to chemical business empire

Hanwha Systems Co., the defense and air mobility unit of South Korea’s Hanwha Group, made another investment of $11 million in Kymeta Corp., a...

Innocean Worldwide Holdings Inc., a South Korean marketing company, will wholly own US media agency joint venture Canvas Worldwide LLC by acquiring ...

Chinese electric vehicle makers are expanding their shares in key markets such as the US and Europe through fleet sales, while South Korea’s H...

South Korea’s SK Geo Centric Co. invested $55 million in US plastic waste recycling company PureCycle Technologies Inc. in a move to transform...

South Korean and overseas institutional investors are eyeing offices in Gangnam District, Seoul, amid concerns over inflation and market volatilit...

South Korea’s SK E&S Co. is set to enter the business of carbon storage in depleted gas fields.The natural gas business unit of SK Group s...

Convenience stores are hotbeds for South Korean IT companies to test their artificial intelligence (AI) technology.That is because the establishment...

When Seoul-based private equity firm Hahn & Co. acquired K Car Co. from SK Group in 2018, the No. 1 used car retailer in South Korea controlled ...

South Korea’s biotechnology startup Voronoi Inc. is in talks with global biomedical companies on drug designs as it aims to expand the busines...

South Korea’s e-commerce juggernaut Coupang Inc. posted $18.4 billion in sales last year, up 54% on-year. Compared to the pre-pandemic level i...

South Korean institutional and retail investors sharply raised their risk appetite last year, gobbling up Nasdaq-listed technology stocks such as Te...

Lotte Group Chairman Shin Dong-bin is so determined to make the metaverse the group's next playing field that he recently proposed a metaverse meeti...

South Korea’s general trading companies, which usually work as middlemen linking buyers with sellers, are seeking to transform into eco-friend...

South Korean companies are revising their business plans for this year as soaring oil prices slam Asia’s fourth-largest economy. Inflation is ...

LG Electronics Inc. recently signed an MoU with the Korea Advanced Institute of Science and Technology (KAIST) for the second phase of their joint...

Samsung SDS Co., South Korea’s information technology service company, is set to expand its global cloud service business in cooperation with ...

South Korea’s retail giant Shinsegae Inc. has acquired US winery Shafer Vineyards for $250 million to consolidate its leadership in the domest...

South Korea will create a roster of engineers in its core business sectors to monitor their travel in and out of the country. The decision aims to...

National Pension Service (NPS), Korean Teachers’ Credit Union (KTCU) and other institutional investors of South Korea are likely to contribute...

Visiting a car dealer’s stylish showroom to touch, feel and sometimes test drive a car before purchase has for decades been a rite of passage ...

South Korea’s Lotte Chemical Corp. plans to develop a decomposable bioplastic material in seawater for production based on petrochemicals for ...

In the era of space privatization, satellites are the driving forces.South Korea’s main defense systems makers are turning away from arms expo...

WASHINGTON D.C. – Samsung Electronics Co. has hired Mark Lippert, former US ambassador to South Korea, as an executive in charge of corporate ...

South Korea’s Lotte Chemical Corp. is set to spend 602 billion won ($501.5 million) in building eco-friendly materials plants at one of its pe...

South Korea's POSCO Co. will transform into a holding company structure on Mar. 2, after its plan to split itself into a holding firm and a steelmak...

Naver Corp., South Korea’s online portal giant, decided to make an additional investment in a web content unit to expand its global webtoon an...

LG Electronics Inc. has overtaken Whirlpool Corp. as the world’s top manufacturer of home, kitchen and laundry appliances after posting record...

Netmarble Corp. unveiled detailed plans for a hawkish entry into the blockchain and metaverse industries on Thursday. The mobile game developer...

Hyosung Group’s annual operating profit exceeded two trillion won ($1.9 billion) for the first time since the company was founded in 1966.Loca...

Hyosung Group is stepping up efforts to turn into an eco-friendly business, announcing huge investment plans on hydrogen and renewable energy projec...