Korea Aerospace Industries, Airbus to jointly enter satellite business

Korea Aerospace Industries, Airbus to jointly enter satellite business

Korea Aerospace Industries Ltd. and Airbus SE, a European multinational aerospace company, are jointly entering the satellite business to capture ...

Korea Post advises more GPs set up Korean offices for better partnerships

Korea Post advises more GPs set up Korean offices for better partnerships

Korea Post looks to expand asset classes that can hedge inflation and earn benefits from rising interest rates despite concerns of stagflation and c...

NPS to up strategic partnerships with global institutions

NPS to up strategic partnerships with global institutions

The National Pension Service (NPS) will increase strategic investments with leading global institutional investors to boost overseas alternative inv...

SM Line sees light at the end of the tunnel: SM Group’s Woo

SM Line sees light at the end of the tunnel: SM Group’s Woo

When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...

Citibank Korea to shut down retail business in phases

Citibank Korea to shut down retail business in phases

Citibank Korea has decided to close its consumer banking operations in phases, the bank said on Monday, after its attempt to find a buyer of the bus...

Tesla’s shift to LFP cells to shake global battery industry

Tesla’s shift to LFP cells to shake global battery industry

Tesla Inc.’s shift to less expensive batteries for its electric vehicles is expected to shake the global battery industry.The world’s to...

Naver launches Japan-focused e-commerce platform

Naver launches Japan-focused e-commerce platform

South Korea's top online portal Naver Corp. launched its e-commerce platform dedicated to Japan last month, taking its first step toward a global on...

Hyundai Glovis to build hydrogen supply chain with Air Products

Hyundai Glovis to build hydrogen supply chain with Air Products

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, agreed to set up a liquid hydrogen supply chain with Air Products, the world’s la...

LG Energy, Stellantis to launch $3.4 billion EV battery JV in US

LG Energy, Stellantis to launch $3.4 billion EV battery JV in US

South Korea’s LG Energy Solution Ltd. and multinational automaker Stellantis N.V. are launching a 4 trillion won ($3.4 billion) joint venture ...

CJ ENM in exclusive talks to acquire SM Entertainment

CJ ENM in exclusive talks to acquire SM Entertainment

South Korea's entertainment powerhouse CJ ENM Co. is in exclusive talks to acquire a 19.37% stake in SM Entertainment Co., the country's first-gener...

Yanolja likely to buy $250 mn stake in Interpark spin-off

Yanolja likely to buy $250 mn stake in Interpark spin-off

South Korea's top travel and accommodation platform Yanolja Inc., backed by SoftBank, was on Thursday named as the preferred buyer of a majority sta...

Shares in Woori Financial draw KT, builder and PEFs

Shares in Woori Financial draw KT, builder and PEFs

South Korea's telecom giant KT Corp., mid-sized builder Hoban Construction Co. and about 10 private equity firms have submitted letters of intent to...

Japan's Murata redefines customers in game-changing era

Japan's Murata redefines customers in game-changing era

KYOTO, Japan - Murata Manufacturing Co., the world's No. 1 producer of multilayer ceramic capacitors (MLCCs) and other electronic components, will e...

Halla Group to combine two self-driving business arms

Halla Group to combine two self-driving business arms

South Korea's Halla Group, the parent company of automotive parts maker Mando Corp., will combine its two autonomous driving business units into a s...

Akuodigital digitizes scribbles into legible documents

Akuodigital digitizes scribbles into legible documents

South Korea-based Akuodigital Corp. is a startup that uses artificial intelligence technology to digitize all types of paper documents. And instead ...

Hyundai Glovis launches ECOH brand for hydrogen, battery businesses

Hyundai Glovis launches ECOH brand for hydrogen, battery businesses

Hyundai Glovis Co., a logistics unit of Hyundai Motor Group, said on Monday it is launching a new brand to beef up its eco-friendly business, includ...

Delayed EU approval puts Hyundai-Daewoo shipbuilding deal at risk

Delayed EU approval puts Hyundai-Daewoo shipbuilding deal at risk

The deal to combine the world's largest shipbuilder Hyundai Heavy Industries Co. with second-ranked Daewoo Shipbuilding & Marine Engineering Co....

SK Innovation officially launches battery, E&P split-offs

SK Innovation officially launches battery, E&P split-offs

South Korea’s SK Innovation Co. on Friday officially launched its battery and petroleum exploration and production businesses as separate enti...

SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day

SK Inc, STIC invest $55 million in US alternative dairy maker Perfect Day

SK Inc., the investment arm of South Korean conglomerate SK Group, and private equity firm STIC Investment Inc., have invested a combined 65 billion...

SKC drops plan for silicon anode JV on investment overlap woes

SKC drops plan for silicon anode JV on investment overlap woes

South Korea’s SKC Co. withdrew a plan to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode mater...

Hyundai Motor’s shares fall to 9-month low; new mobility key to rebound

Hyundai Motor’s shares fall to 9-month low; new mobility key to rebound

Shares of South Korea’s top automaker Hyundai Motor Co. have fallen to their lowest level in nine months, bucking the trend of its global peer...

SKC to form JV with British Nexeon for silicon anode business

SKC to form JV with British Nexeon for silicon anode business

South Korea’s SKC Co. plans to set up a joint venture with British battery materials maker Nexeon Ltd. for the silicon anode materials market....

Hyundai to develop alternatives to automotive chips

Hyundai to develop alternatives to automotive chips

Hyundai Motor Co., South Korea’s top automaker, plans to develop alternative elements to automotive chips in preparation for a prolonged suppl...

Korea Zinc expands from smelter to hydrogen, battery materials maker

Korea Zinc expands from smelter to hydrogen, battery materials maker

Korea Zinc Co., the world’s largest lead and zinc smelter, plans to add a couple of new sectors to the list of its new growth drivers: green h...

Recycled plastic in growing demand as Korean firms pursue ESG business

Recycled plastic in growing demand as Korean firms pursue ESG business

Plastic recyclers have known for years that there is money to be made in plastic waste. And the stakes are high these days as the prices of recycled...

LG Elec to start automotive cybersecurity business

LG Elec to start automotive cybersecurity business

South Korea’s LG Electronics Inc. is about to start automotive security business, expanding its car electronics technology portfolio by taking...

CJ enters 5-year marketing partnership with LA Lakers

CJ enters 5-year marketing partnership with LA Lakers

South Korea’s CJ Cheiljedang Corp. will be sponsoring the Los Angeles Lakers (LA Lakers) as the first global partner of the American basketbal...

Samsung C&T, S-Oil in hydrogen transport partnership

Samsung C&T, S-Oil in hydrogen transport partnership

Samsung C&T Corp., the construction and trading arm of Samsung Group, has tentatively agreed with S-Oil Corp. to cooperate in securing overseas ...

Korea’s Halla to enter EV battery materials business

Korea’s Halla to enter EV battery materials business

South Korea’s auto parts supplier Halla Holdings Corp. is making inroads into the electric vehicle battery materials business.Halla said on Se...

KT, Samsung Medical Center extend ties in building robot-driven hospitals

KT, Samsung Medical Center extend ties in building robot-driven hospitals

KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...

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