POSCO to supply HIC-resistant steel for Aramco’s Fadhili gas plant

POSCO to supply HIC-resistant steel for Aramco’s Fadhili gas plant

POSCO, South Korea’s largest steelmaker, will supply hydrogen-induced cracking (HIC)-resistant steel to Saudi Arabian Oil Co., or Aramco, for ...

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

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...

Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares

Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares

Seoul-based private equity firm Hahn & Co. will award employees of Namyang Dairy Products Co., a South Korean dairy product producer, 1.6 billio...

Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge

Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge

Chung Yong-jin, chairman of South Korea’s retail giant Shinsegae Inc., is likely to head the Asian operations of the Rockbridge Network, a gro...

POSCO inducted into World Steel Dynamics’ Hall of Fame

POSCO inducted into World Steel Dynamics’ Hall of Fame

South Korea’s POSCO Group has been permanently inducted into the Hall of Fame by the World Steel Dynamics (WSD), a US steel industry research ...

Hyundai Steel to displace Baoshan as GM Korea's supplier

Hyundai Steel to displace Baoshan as GM Korea's supplier

Hyundai Steel Co. is poised to displace Baoshan Iron & Steel Co. as a key supplier to GM Korea Co., a unit of General Motors Co., as the US carm...

Invesco, SK D&D likely to buy co-living building in Seoul

Invesco, SK D&D likely to buy co-living building in Seoul

A consortium between US asset management firm Invesco and the real estate investment arm of SK D&D Co. has been named the preferred buyer of Nou...

LG CNS, Cohere co-develop Korean-specific agentic AI

LG CNS, Cohere co-develop Korean-specific agentic AI

LG CNS Co., the information technology services arm of South Korea’s LG Group, has unveiled a lightweight Korean-specific large language model...

Bid heats up for IGIS-owned co-living building in Seoul

Bid heats up for IGIS-owned co-living building in Seoul

An auction for a co-living building, owned by South Korea’s top real estate asset management firm IGIS Asset Management Co., in the hip Hongda...

POSCO raises ship steel prices as Korea's tariffs curb supply

POSCO raises ship steel prices as Korea's tariffs curb supply

POSCO Holdings Inc. has raised second-quarter prices of thick plates used in vessels amid concerns over tighter supply after South Korea levied anti...

Activist fund Oasis boosts Korea team amid investor-friendly policy shift

Activist fund Oasis boosts Korea team amid investor-friendly policy shift

Hong Kong-based activist fund Oasis Management is ramping up hiring for its Korea team as Seoul’s push to boost corporate value and strengthen...

POSCO to invest in Hyundai Steel’s Louisiana plant

POSCO to invest in Hyundai Steel’s Louisiana plant

South Korea’s top steel maker POSCO has decided to invest in Hyundai Steel Co.'s first overseas plant in Louisiana and collaborate on research...

Doosan enters race to acquire SK Siltron in strategic semiconductor push

Doosan enters race to acquire SK Siltron in strategic semiconductor push

South Korea’s Doosan Group has entered the bidding war for SK Siltron Co., the world’s third-largest manufacturer of semiconductor wafer...

Hyundai's nuclear-grade steel earns US quality certification

Hyundai's nuclear-grade steel earns US quality certification

South Korean steelmaker Hyundai Steel Co. said on Wednesday it has received the Nuclear Material Supplier Quality System Certificate (QSC) from the ...

POSCO eyes investment in Hyundai Steel’s US plant

POSCO eyes investment in Hyundai Steel’s US plant

POSCO, the world’s seventh-largest steelmaker, is seeking to invest in smaller rival Hyundai Steel Co.'s first overseas plant in the US, in ex...

POSCO eyes deeper steel, energy ties with global peers

POSCO eyes deeper steel, energy ties with global peers

POSCO Group, South Korea’s steelmaking giant, will further bolster its competitiveness in the global steel market and energy value chains thro...

Geopolitics rewrite investment playbook – and that’s an opportunity: KKR

Geopolitics rewrite investment playbook – and that’s an opportunity: KKR

In an era of escalating geopolitical uncertainty, the head of one of the world’s largest private equity firms sees opportunity – not ret...

SK Group in talks with Hahn & Co. to sell SK Siltron

SK Group in talks with Hahn & Co. to sell SK Siltron

SK Inc., the holding company of SK Group, is in talks with Hahn & Co., a South Korean buyout firm, to sell SK Siltron Co., the country’s s...

Hahn & Co. acquires SK Specialty for $1.8 billion

Hahn & Co. acquires SK Specialty for $1.8 billion

Hahn & Co., South Korea’s largest private equity firm, has finalized the acquisition of SK Specialty Co., the world’s leading produc...

Hyundai Steel picks Donaldsonville as $5.8 bn US plant site, seeks investors

Hyundai Steel picks Donaldsonville as $5.8 bn US plant site, seeks investors

South Korea’s Hyundai Steel Co. has chosen Donaldsonville, Louisiana, as the location for its $5.8 billion US steel mill, marking a major stra...

Hyundai Steel to shut down Incheon rebar plant in April

Hyundai Steel to shut down Incheon rebar plant in April

Hyundai Steel Co. is set to shut down its reinforced bar plant in Incheon in April to trim output as steel bar prices are hovering near a four-and-a...

Hyundai Motor shares rally after US investment plan

Hyundai Motor shares rally after US investment plan

Hyundai Motor’s shares gained ground after it unveiled a new U.S. investment plan to help avoid President Trump’s tariffs.The South Kore...

Alaska governor seeks Korean partners for $44 bn LNG project

Alaska governor seeks Korean partners for $44 bn LNG project

Alaska Governor Mike Dunleavy arrived in South Korea on Monday to hold a series of one-on-one meetings with top executives from Korean energy and st...

POSCO to sell entire stake in Nippon Steel, ending equity ties

POSCO to sell entire stake in Nippon Steel, ending equity ties

POSCO Holdings Inc. has decided to sell its entire stake in Nippon Steel Corp., according to industry sources on Wednesday, marking the end of their...

Netmarble to launch new game 'RF Online Next'

Netmarble to launch new game 'RF Online Next'

Netmarble Corp., South Korea’s leading game developer, is slated to roll out “RF Online Next” on March 20, a revamp of the old tit...

Dongkuk to file anti-dumping petition vs Chinese color steel imports

Dongkuk to file anti-dumping petition vs Chinese color steel imports

Dongkuk Coated Metal Co. and SeAh Steel Corp. are set to file an anti-dumping complaint against Chinese rivals in March as the country plans to impo...

South Korea to levy 38% anti-dumping duties on Chinese steel products

South Korea to levy 38% anti-dumping duties on Chinese steel products

South Korea plans to impose up to 38% provisional anti-dumping duties on Chinese hot-rolled steel plates starting next month, judging that those pro...

HMM seeks to acquire parts of SK Shipping for $1.4 bn from Hahn & Co.

HMM seeks to acquire parts of SK Shipping for $1.4 bn from Hahn & Co.

HMM Co., South Korea’s largest ocean carrier, is seeking to buy SK Shipping Co., excluding its liquefied natural gas (LNG) transportation busi...

Korea to probe Chinese, Japanese steel imports over anti-dumping claims

Korea to probe Chinese, Japanese steel imports over anti-dumping claims

South Korea is set to launch an anti-dumping investigation into hot-rolled steel imports from China and Japan, according to government and industry ...

POSCO seeks $1 bn restructuring amid weak steel, battery materials sectors

POSCO seeks $1 bn restructuring amid weak steel, battery materials sectors

South Korea’s POSCO Holdings Inc. said on Monday it plans to sell 61 unprofitable and non-core assets to raise 1.5 trillion won ($1 billion) a...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared