S.Korea's leading low-cost carrier Jeju Air posts record-high Q1 results

South Korea's leading low-cost carrier (LCC) Jeju Air Co. posted record-high performance in the first quarter. Industry analysts say domestic LCCs w...

Hyundai Rotem signs high-speed rail car deal with Korail

Hyundai Rotem Co., a company under the Hyundai Motor Co. Group that specializes in manufacturing rolling stock, defense products and plant equipment...

Samsung family set to sell $320 mn worth of SDS shares

Samsung Group family is set to sell a 3.9% stake in Samsung SDS Co. worth 390 billion won ($319.5 million) through a block deal. The seller is one o...

Hanwha Aerospace in $320 mn deal to supply aircraft engine parts to GE

Hanwha Aerospace Co., a unit of South Korean conglomerate Hanwha Group, has won a $320 million deal to supply aircraft engine parts to General Elect...

Korean firms complete $320 mn financing for Newark Energy Center of US

South Korean insurance firms and other institutions have committed a total of $250 million to a local fund set up to provide senior loans to Newark En...