S.Korea to overhaul retirement pension system, introduce competition for higher returns

South Korea is planning a sweeping overhaul of its corporate retirement pension system by introducing a competitive, fund-based model that would pit...
South Korea is planning a sweeping overhaul of its corporate retirement pension system by introducing a competitive, fund-based model that would pit...
The artificial intelligence boom is spilling over into the industrial fiber market, driving demand for para-aramid, a so-called super fiber essentia...
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 ...
South Korean President Lee Jae-myung said on Wednesday that the government is preparing tax and regulatory reforms to spur dividend payouts as part ...
Samsung Biologics Co., the world’s largest contract drugmaker, will undergo a strategic split to separate its contract development and manufac...
South Korea’s National Pension Service (NPS), the country’s largest institutional investor, is set to overhaul its investment strategy w...
Daol Private Equity has acquired Youngil Glass Industry Co., a South Korean manufacturer of glass containers, in a 65 billion won ($44.5 million) de...
Samsung Electronics Co. Chairman Lee Jae-yong has warned the company's executives that the South Korean tech giant has lost its characteristic "rele...
A 210-meter, 40,000-ton US Navy vessel, heavily corroded and weathered from years of service, was pulled into Hanwha Ocean Co.'s shipyard in Ge...
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, plans to intr...
Samsung Electronics Co., the world’s largest memory chipmaker, has put its system chip and foundry businesses under tight scrutiny for a possi...
South Korea’s factory production decreased in the first month of this year due to a manufacturing slowdown, while private consumption and busi...
Hanmi Semiconductor Co., South Korea’s leading chip packaging equipment manufacturer, held a ground-breaking ceremony for its seventh plant of...
KL & Partners, a South Korean private equity firm, has agreed to buy Kosdaq-listed cosmetics company Manyo Factory Co., which has been building ...
SK Group on Thursday promoted the keymen of its business overhauls to top posts at intermediary holding company SK Discovery Co. and battery maker S...
South Korea’s steel-to-battery materials conglomerate POSCO Group will invest in the leading domestic robotics company to boost its ailing ste...
South Korea’s LG Innotek Co., a major contractor for Apple Inc., said on Thursday it plans to spend 375.9 billion won ($268.4 million) next ye...
CJ CheilJedang Corp., South Korea’s largest food company, will spend a total of $584 million to build new food-manufacturing factories in Euro...
South Korea's CJ OliveNetworks said on Thursday it secured a contract to build a smart factory of the nation's leading soju maker HiteJinro Co. in V...
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, agreed to invest some 350 billion won ($256.9 million) in building electric veh...
Paris Baguette opened its 600th overseas store in Toronto, Ontario, as the leading South Korean bakery brand is rapidly expanding its global busines...
SK Pharmteco, the contract development and manufacturing organization (CDMO) of South Korea's SK Inc., said on Tuesday that it plans to invest $260 ...
Taihan Cable & Solution Co. said on Tuesday it has completed the first fiber optic cable factory in Kuwait, in a joint project with Rank General...
South Korea’s leading electric vehicle cell materials producer EcoPro Group joined hands with the world’s second-largest precursor manuf...
Samyang Corp., a 100-year-old South Korean chemical and food ingredient-manufacturer, is poised to cement its leadership in the Korean allulose mark...
HD Hyundai Electric Co., a South Korean electric power distribution equipment manufacturer, will spend 120 billion won ($89 million) to build its th...
South Korea’s instant noodle giant Nongshim Co. will build a local plant dedicated to producing ramen — or ramyun, as the company spells...
Samsung SDI Co., the world’s No. 6 battery maker, and General Motors Co., the leading US automaker, are set to build a $3.5 billion cell plant...
South Korea’s Hanwha Aerospace Co. has completed building its first overseas plant — producing howitzers and ammunition carriers in Aust...
Seoul-based private equity firm STIC Investments has agreed to acquire global leading luxury vinyl tile (LVT) flooring firm Nox Corp. at 450 billion...