POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn

POSCO, South Korea’s largest steelmaker, has sold Zhangjiagang Pohang Stainless Steel (PZSS), its loss-generating stainless steel joint ventur...
POSCO, South Korea’s largest steelmaker, has sold Zhangjiagang Pohang Stainless Steel (PZSS), its loss-generating stainless steel joint ventur...
BTS member Suga and former Major League Baseball (MLB) pitcher Chan Ho Park are putting their money on the Athletics, formerly the Oakland Athletics...
Celltrion Holdings Co. has secured 1 trillion won ($732 million) in fresh funding and plans to spend half of it this year to buy shares in its biosi...
Shilla Stay Seodaemun has been put on the market again amid signs of a recovery in South Korea’s hospitality industry, after earlier attempts ...
Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., is exploring new offshore funds for individual investors in co...
US private equity firm Blackstone Inc. is pursuing the acquisition of Juno Hair, South Korea’s largest premium hair salon chain, in a deal tha...
DB Insurance Co., a leading South Korean non-life insurance company, is in advanced talks to acquire US-based insurer Fortegra in a deal that could ...
NH Investment & Securities Co. retained its lead in South Korea’s equity capital market (ECM) in the first half, riding a surge in large-s...
Douzone Bizon Co., South Korea’s leading homegrown enterprise software firm and the country’s No. 2 player in the enterprise resource pl...
MBK Partners’ takeover attempt of Korea Zinc Inc. has exposed the vulnerability of national strategic assets to private equity ownership, posi...
KANANASKIS, Canada – South Korea’s newly elected President Lee Jae-myung held his first summit with Japanese Prime Minister Shigeru Ishi...
A planned meeting between South Korean President Lee Jae-myung and US President Donald Trump was canceled on Monday after Trump unexpectedly left ...
Lee Jae-myung was formally sworn in as South Korea’s new president on Wednesday, pledging to unite a divided nation, revitalize the economy an...
South Korea’s liberal politician Lee Jae-myung has been elected the country's next president. Lee has pledged to revive Asia’s fourth-la...
DB Group, which owns DB Securities Co. and DB Insurance Co., is considering acquiring Hanyang Securities Co., as a deal by South Korean private equi...
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., is in advanced negotiations to acquire t...
Hanwha Q Cells Co., the solar panel manufacturing unit of South Korea's Hanwha Solutions Corp., is expected to commercialize tandem modules by 2027,...
SK Earthon Co., the petroleum exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., has secured rig...
Shinhan Securities Co., a leading South Korean brokerage house, has acquired a strategic equity stake in FireAnt, Vietnam’s largest retail tra...
Hyundai Rotem Co. has won a 420 billion won ($301 million) order to build autonomous electric trains for Taiwan’s Taichung Metro, adding to a ...
Korea Securities Finance Corp. (KSFC) is preparing to issue its first foreign currency-denominated bonds in 2026 to provide low-cost funding to dome...
Korea Investment & Securities Co. (KIS), the brokerage unit of Korea Investment Holdings Co., said on Wednesday it hosted its flagship investor ...
South Korea has officially requested that the US take a distinct approach in its ongoing probe into foreign semiconductor technology and related dow...
Korea Investment & Securities Co. said on Tuesday it is set to sell funds operated by Goldman Sachs Asset Management LP in South Korea, offering...
Samsung Electronics Co., the world’s leading memory chipmaker, is in talks to supply customized sixth-generation high-bandwidth memory, or HBM...
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) secured orders for 22 container ships worth a total of 2.54 trillion won ($1.8 billion) ...
WASHINGTON, D.C. – South Korea and the US have agreed to work together to craft a comprehensive tariff-liberalization package by July 8, marki...
StockX, the world’s most popular online resale marketplace, is in talks to merge with Kream, a resale unicorn under South Korea’s tech g...
US private equity firm Miri Capital Management LLC said on Tuesday it has raised its stake in STIC Investments Inc. to step up its shareholder activ...
South Korea’s Acting President and Prime Minister Han Duck-soo spoke with US President Donald Trump on Tuesday to discuss various issues of mu...