Brookfield likely to beat KKR for $800 mn Korean gas facility

Brookfield likely to beat KKR for $800 mn Korean gas facility

Brookfield Asset Management has entered talks with South Korea's SK Materials Airplus Inc. to buy the latter's industrial gas facility, after its pr...

Broadcom applies for consent order on unfair deals with Samsung

Broadcom applies for consent order on unfair deals with Samsung

US chipmaker Broadcom Inc. applied for a consent order to the Korea Fair Trade Commission (KFT) in July against allegations that it forced Samsung E...

Doosan wins $640 mn desalination plant deal in Saudi

Doosan wins $640 mn desalination plant deal in Saudi

South Korea’s Doosan Enerbility Co. secured a $640 million deal for a desalination plant in Saudi Arabia to meet water demand in the kingdom.D...

Korea’s GS Retail fined $18.7 million over unfair dealings with contractors

Korea’s GS Retail fined $18.7 million over unfair dealings with contractors

South Korea’s antitrust regulator on Tuesday slapped GS Retail Co., a GS Group unit that operates the country’s second-largest convenien...

Solar cells & modules, Hyundai Heavy’s hidden growth fuel

Solar cells & modules, Hyundai Heavy’s hidden growth fuel

Hyundai Heavy Industries Group, the world’s top shipbuilder, secured another future growth engine from its solar cells and modules business on...

LG Chem, GM in $30.6 billion EV battery materials supply deal

LG Chem, GM in $30.6 billion EV battery materials supply deal

South Korea’s top chemicals company LG Chem Ltd. has signed a long-term battery materials supply deal with General Motors Co. to support the U...

S.Korean defense firms receive $15 bn order from Poland

S.Korean defense firms receive $15 bn order from Poland

South Korea’s defense makers, namely Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI), and Hanwha Defense Corp., clinched export dea...

S.Korean defense stocks boosted by $7.6 bn deal with Poland

S.Korean defense stocks boosted by $7.6 bn deal with Poland

South Korean defense stocks got a boost from a 10 trillion-won ($7.6 billion) export deal with Poland announced last week. Korea Aerospa...

South Korea arms exports triple; rises to 8th-largest exporter

South Korea arms exports triple; rises to 8th-largest exporter

 South Korea has become the world’s eighth-largest arms exporter, with its exports rising threefold – the fastest pace among the wo...

Korean smartphone parts makers' stocks rebound in July

Korean smartphone parts makers' stocks rebound in July

South Korea’s smartphone parts makers' shares are showing signs of a rebound following a steady decline since early this year. China’s s...

KAI targets to sell 1,000 units of FA-50 light attack aircraft worth $30 billion

KAI targets to sell 1,000 units of FA-50 light attack aircraft worth $30 billion

Korea Aerospace Industries Ltd., South Korea’s sole military aircraft manufacturer, is seeking to sell 1,000 units of the FA-50 light combat a...

Award-winning Hyundai IONIQ 5 EV to land in Japan as MK Taxi

Award-winning Hyundai IONIQ 5 EV to land in Japan as MK Taxi

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it is supplying its all-electric IONIQ 5 crossover to Japan’s taxi servi...

S.Korea defense firms poised to ink $7.7 bn in deals with Poland

S.Korea defense firms poised to ink $7.7 bn in deals with Poland

South Korea’s defense makers including Hyundai Rotem Co., Korea Aerospace Industries Ltd. (KAI) and Hanwha Defense are poised to clinch 10 tri...

SK Biopharmaceuticals signs epilepsy drug deal with Brazil’s Eurofarma

SK Biopharmaceuticals signs epilepsy drug deal with Brazil’s Eurofarma

South Korea’s SK Biopharmaceuticals Co. has signed a deal to license out its technology for Cenobamate, an antiepileptic drug, to Brazil&rsquo...

Bain Capital, Lotte Chem. among shortlisted bidders for Iljin

Bain Capital, Lotte Chem. among shortlisted bidders for Iljin

A US private equity firm Bain Capital and South Korea’s major petrochemical manufacturer Lotte Chemical Corp. were among the shortlisted candi...

Keppel to buy waste disposal firm in its largest Korean deal

Keppel to buy waste disposal firm in its largest Korean deal

Singapore-based Keppel Infrastructure appears set to buy South Korea’s leading waste management and recycling company EMK Co. for around $600 ...

Commercial real estate market in Seoul shrinks in H1 2022

Commercial real estate market in Seoul shrinks in H1 2022

The commercial real estate market in Seoul slowed this year, according to a report by South Korean online property platform RSquare. The sum of the ...

Korea Zinc buys US e-waste recycling firm for $332 mn

Korea Zinc buys US e-waste recycling firm for $332 mn

Korea Zinc, the world’s largest lead and zinc smelter, agreed to buy a majority stake in a US-based electronic waste recycling company for $33...

Sell Korea intensifies as foreigners dump bonds for 1st time in 18 months

Sell Korea intensifies as foreigners dump bonds for 1st time in 18 months

A selloff in risk assets in South Korea is intensifying as foreigners turned net sellers of Korean bonds for the first time in 18 months in June whi...

Korean PE firms' 2021 funds bet on parts makers, dividend stock

Korean PE firms' 2021 funds bet on parts makers, dividend stock

IMM Investment Co. and STIC Investments Co., the two most active South Korean private equity firms in 2021 fundraising, made bets on a dividend-focu...

SD Biosensor, SJL Partners to acquire Meridian Bioscience for $1.53 bn

SD Biosensor, SJL Partners to acquire Meridian Bioscience for $1.53 bn

SD Biosensor Inc., the world's largest COVID-19 test kit seller, and private equity firm SJL Partners LLC are jointly acquiring Meridian Bioscience ...

Hyundai Heavy’s KSOE wins $2.2 billion order for 10 LNG carriers

Hyundai Heavy’s KSOE wins $2.2 billion order for 10 LNG carriers

Korea Shipbuilding & Offshore Engineering Co. (KSOE), the intermediate holding company of the world’s top shipbuilder Hyundai Heavy Indust...

Samsung wins multi-billion-dollar camera module deal from Tesla

Samsung wins multi-billion-dollar camera module deal from Tesla

Samsung Electro-Mechanics Co., the electronic components unit of Samsung Group, has won a multi-billion-dollar deal to supply camera modules to Tesl...

Infotainment, telematics define LG’s new future with $6.2 billion in orders

Infotainment, telematics define LG’s new future with $6.2 billion in orders

When LG Electronics Inc. surprised the market last year by announcing that it was exiting the mobile phone business, one of its mainstay businesses,...

POSCO Chemical, Britishvolt sign initial deal for battery materials

POSCO Chemical, Britishvolt sign initial deal for battery materials

POSCO Chemical Co., a unit of South Korea’s top steel maker, and UK electric vehicle startup Britishvolt Ltd. have signed an initial agreement...

KG, Cactus PE, Pavilion PE named new owners of Ssangyong Motor

KG, Cactus PE, Pavilion PE named new owners of Ssangyong Motor

A consortium led by the chemicals-to-steel conglomerate KG Group has been named the new owner of South Korea’s troubled sport utility vehicle ...

Korean duty-free shops hit by unfavorable exchange rate, limited inventory

Korean duty-free shops hit by unfavorable exchange rate, limited inventory

The duty-free industry has been hoping that the end of COVID-19-related travel restrictions would help boost its sales. Even as international t...

S.Korea stocks see dead cat bounce; outlook remains gloomy

S.Korea stocks see dead cat bounce; outlook remains gloomy

South Korea’s shares on Friday rebounded after tumbling in the previous two straight sessions, outperforming their peers in Asia, but few expe...

Samsung SDI inks $6.6 bn deal for 60% of elecfoil needs

Samsung SDI inks $6.6 bn deal for 60% of elecfoil needs

Samsung SDI Co., South Korea’s major battery maker, inked a $6.6 billion contract to secure 60% of its needs for elecfoil, an ingredient for c...

Carve-out, bolt-on key themes driving M&As: BDA Partners

Carve-out, bolt-on key themes driving M&As: BDA Partners

Amid escalating market uncertainties, M&As are not just a growth tactic but survival tools for businesses, Euan Rellie, co-founder and managing ...

South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025