Hyosung TNC mulls takeover of chemical affiliate’s specialty gas unit

Hyosung TNC Corp., the world’s top spandex maker, is considering taking over the specialty gas business of its chemical affiliate, news of whi...

HiteJinro sees annual soju exports to Cambodia grow 31%

HiteJinro Co., South Korea’s leading soju maker, resumed its Jinro EDM Festival at Cambodia’s Bon Om Tuk water festival after a four-y...

Hyosung Chemical scraps specialty gas unit sale to IMM, STIC

Hyosung Chemical Corp. has failed to reach an agreement with a consortium of IMM Private Equity and STIC Investments Inc. to sell its specialty gas ...

Gaon Cable takes over LS Cable & System's US arm

Gaon Cable Co. said on Tuesday it has taken over the US arm of parent company LS Cable & System Ltd. to beef up its business of mid-to-low volta...

Alux's export contracts with US, Japan top $5 million

South Korean drone maker Alux Co. said on Monday its cumulative export contracts with the US and Japan have surpassed 7 billion won ($5 million). Th...

Samsung Bespoke AI Combo targets European market

Samsung Electronics Co. said on Sunday it held the showcase for launching its all-in-one washer-dryer, Bespoke AI Combo, in Berlin, Germany on Nov...

S.Korean firms’ rights issues poised for 12-year low

The lackluster South Korean stock market and softening Korean currency have discouraged local companies from raising money at home and pushed some t...

Korea’s crypto exchanges ride bitcoin rally on Trump optimism

South Korea’s crypto exchanges are enjoying a global boom in virtual currencies, including bitcoin, as US President-elect Donald Trump is expe...

Shinhan Securities Vietnam launches mobile trading system

South Korea's Shinhan Securities said on Thursday its overseas subsidiary Shinhan Securities Vietnam (SSV) launched a mobile trading system (MTS) "N...

AmorePacific to rebalance China-heavy global business

AmorePacific Corp., South Korea’s No. 1 cosmetics group, will rebalance its China-heavy global business to focus on the US and Europe while lo...

Korea’s DL Group to sell hotels for $462 mn in further restructuring

DL Group, South Korea’s petrochemical-to-construction conglomerate is putting some hotels on the market to raise an estimated 650 billion won ...

Paradise targets Taiwanese MICE market

Paradise Co., a South Korean casino operator, said on Tuesday it held the 2024 Paradise Taipei MICE (meetings, incentives, conferences, and exhibiti...

S.Korean investors' US stock holdings surpass $100 bn

The US stock holdings of South Korean individual investors surpassed $100 billion for the first time, driven by a sustained rally in the US markets ...

S.Korean retail investors rush to buy Indian stocks on dips

South Korea's mom-and-pop investors have upped their stake in Indian stocks, hoping that Donald Trump's return to the White House will boost the Sou...

Dalton Investments raises stake in cosmetics ODM Kolmar

Dalton Investments Inc., a US-based activist fund, has secured a 5.02% stake in South Korea’s Kolmar Holdings Co., stoking speculation the wor...

In South Korea, cash is king on US election, Samsung uncertainties

South Korean investors are hoarding cash as Samsung Electronics Co., the world’s top memory chipmaker, hurts local stocks and uncertainties ov...

HD Hyundai may nearly double shipbuilding capacity in Vietnam

HD Hyundai Co., the world’s second-largest shipbuilder, is likely to nearly double its vessel construction capacity in Vietnam to meet surging...

Samsung Electronics to standardize global CI

Samsung Electronics Co. has standardized its corporate identity (CI) by implementing the SAMSUNG logo at all international business sites. This move...

Hyundai Motor signs Korea’s largest renewable energy purchase deal

South Korea’s top automaker Hyundai Motor Co. said on Wednesday it has signed a deal to procure 610 gigawatt-hours (GWh) of renewable energy a...

Korea Zinc to raise $1.8 bn in rights issues amid face-off with MBK

Korea Zinc Inc. will raise 2.5 trillion won ($1.8 billion) in rights issues in December following its share buybacks and allocate 20% of them to its...

Samsung Securities lowers Samsung Electro-Mechanics target price

South Korea's Samsung Securities lowered its target price for Samsung Electro-Mechanics Co. to 160,000 won ($120) from 210,000 won. The securit...

Kia debuts Tasman to target $333 bn global pickup truck market

JEDDAH, Saudi Arabia -- Kia Corp., South Korea’s second-largest automaker, on Tuesday premiered the Tasman, its first pickup truck to target t...

Indian stock market gears up for leap: NSE CEO  

India’s stock market is gearing up for a leap thanks to an influx of retail investors seeking better returns and the lower barriers for small ...

KB Financial to use excess capital for share buybacks, dividends

KB Financial Group Inc., South Korea’s largest financial holding group, is set to use its excess capital for share buybacks and dividends next...

Hana Financial’s Hana The Next: New financial services tailored for seniors

As South Korea’s baby boomers, the demographic cohort born between 1955 and 1963, are reaching retirement age, financial institutions are reac...

LG Electronics unveils value-up plans, begins Indian arm IPO process

LG Electronics Inc., the world’s largest home appliances maker, on Tuesday announced plans to unlock value by accelerating its transformation ...

Korea Investment Management to list Global AI-based ASIC ETF

Korea Investment Management Co. said on Monday it will list the ACE Global AI ASIC exchange-traded fund (ETF) on October 22. The ETF will focus on ...

Doosan to resume Bobcat, Robotics merger with new ratio

South Korea’s plant and machinery powerhouse Doosan Group will resume the merger of Doosan Bobcat Inc. and Doosan Robotics Inc. using a new me...

Samsung mobile chief to talk with Qualcomm on Galaxy S25 chips

Global smartphone leader Samsung Electronics Co.'s mobile business chief is expected to hold talks with senior executives of Qualcomm Inc. about s...

LG Chem targets functional cosmetics market with bio-materials

LG Chem Ltd., the world’s fourth-largest chemicals manufacturer, is targeting the functional cosmetics market with bio-materials derived from ...