Taekwang, Anchor Equity shortlisted for Aekyung stake
Taekwang Industrial Co., a South Korean chemical and textile company, and Anchor Equity Partners, a Hong Kong-based private equity firm, have emerge...
S.Korea’s No.1 dried seaweed firm Kwangcheonkim on market for $295 mn
Kwangcheonkim Co., South Korea’s largest seaweed producer with a history spanning over 50 years, is up for grabs in a deal that could fetch up...
LG Chem’s medical skincare business sale draws tepid bid
South Korean chemical giant LG Chem Ltd.'s offer for sale of its cosmetics filler business, tagged with an asking price of more than 500 billion won...
Macquarie kicks off sale of DIG Airgas estimated at over $3.4 billion
Macquarie Asset Management has embarked on a process to sell off its 100% stake in South Korea’s third-largest industrial gas producer DIG Air...
MBK kicks off Lotte Card sale for about $1.4 bn in 2nd bid
Lotte Card Co. is expected to be up for grabs in the first half of next year amid a second sale attempt by its largest shareholder MBK Partners, a N...
LS Cable, Denmark's CIP sign LOI for floating offshore wind
South Korea's LS Cable & System Ltd. said on Wednesday that it signed a letter of intent (LOI) for offshore wind cooperation with Copenhagen Inf...
Korea’s KCC Glass to invest $525 mn more in Indonesian plant
KCC Glass Corp., a major South Korean construction materials manufacturer, is set to invest an additional 700 billion won ($524.8 million) in its In...
Samsung signs wind turbine structure supply deal with Equinor
South Korea's Samsung Heavy Industries Co. said on Wednesday that it has signed an exclusive agreement with Norway's state-owned energy company Equi...
NCSOFT invests in Swedish game startup Moon Rover Games
NCSOFT Corp., a South Korean game developer, said on Tuesday it has made an early stage investment of $3.5 million in Swedish game startup Moon Rove...
Kim Jong Un’s Balloon Barrage: Bags of Excrement Fly Into the South
SEOUL—An unusual sight drifted into South Korean skies on Wednesday: Large white balloons carrying plastic bags of North Korean trash. Some co...
HD Hyundai, Scottish firms to cooperate on offshore wind power
South Korea's HD Hyundai Heavy Industries Co. announced on Wednesday that it signed a memorandum of understanding (MOU) with Scottish Enterprise and...
MBK names two partners as vice chairman, vice president
MBK Partners said on Wednesday it has named Moon Joo Ho, partner and head of South Korea for special situations, as the North Asia-focused private e...
S.Korea to put self-developed lander on moon by 2032
South Korea plans to put its first lunar lander on the moon by 2032. In a meeting of the National R&D Project Evaluation Advisory Commit...
IMM PE invites potential buyers for Genuone worth $752 mn
South Korea’s top-tier contract drugmaker Genuone Sciences Inc. with an estimated value of up to 1 trillion won ($752 million) is smooth saili...
POSCO Int'l, Equinor tie up for Ulsan offshore wind project
POSCO International Corp., a South Korean energy and trading arm of steel behemoth POSCO Holdings Inc., signed a memorandum of understanding on Thur...
Samsung Heavy to expand maritime business with CCS
South Korean shipbuilder Samsung Heavy Industries announced on Thursday that it has secured Approval In Principle from a Norwegian classification so...
POSCO E&C to build offshore wind power plant with Norwegian firm
South Korea’s POSCO E&C, formerly POSCO Engineering and Construction, and a Norwegian company are promoting the Ulsan Firefly project, the...
HD KSOE bags $2.3 bn in vessel orders, achieves 90% of 2023 target
South Korea’s biggest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has recently bagged over 3 trillion won ($2.3...
LG Innotek develops flexible vehicle lighting Nexlide-M
South Korea's electronic component maker LG Innotek on Wednesday announced the release of Nexlide-M, or a flexible 3D lighting component for vehicle...
S.Korea to develop supercomputer for industrial use
South Korea is set to develop a supercomputer for industrial use as Asia’s fourth-largest economy lags far behind on the performance of such d...
S.Korea-US to deepen aerospace ties through NASA's Artemis
South Korea and the US are set to deepen their partnership in the aerospace sector through the Artemis program, a human and robotic Moon exploration...
HD Hyundai develops S.Korea's first offshore supply base for ammonia
HD Hyundai Co., the largest shipbuilding conglomerate in South Korea on Wednesday said it developed for the first time in the country a vessel for s...
S.Korea's lunar orbiter Danuri captures back side of the moon
South Korea's first lunar orbiter Danuri has released photos of the moon's far side. The Korea Aerospace Research Institute (KARI) announced on Wedn...
Samsung denies claim of fake moon photo by premium smartphone model
Samsung Electronics Co. has denied that a photo of the moon in the night sky taken by its premium smartphone Galaxy S23 Ultra is fake, saying as soo...
LB Investment draws record demand in IPO bookbuild
LB Investment Inc., formerly known as LG Group’s venture capital arm, has attracted the most orders ever for an initial public offering of a S...
S.Korea's SK Ecoplant, POSCO develop K-floating body with domestic tech
South Korea's SK Ecoplant Co. and POSCO on Wednesday said they secured basic design certification from the Norwegian classification body DNV for "K-...
Samsung Heavy, MISC to jointly develop floating CO2 storage units
South Korea's major shipbuilder Samsung Heavy Industries said on Thursday that it has signed an agreement with MISC Berhad, a Malaysian offshore ene...
Samsung Heavy certified for CMSR power barge design
South Korea's main shipbuilder Samsung Heavy Industries said on Wednesday that it has completed the conceptual design for the compact molten salt re...
Korea’s 1st moon probe Danuri enters lunar orbit; world’s 7th mission
South Korea on Wednesday became the world’s seventh country to send a lunar orbiter to the moon, joining other advanced countries in a heated ...
Samsung Heavy Industries lands $1.5 bn deal for offshore plant order
South Korean shipbuilder Samsung Heavy Industries has bagged a $1.5 billion order to build an offshore plant from an Asian shipper, the company reve...
