Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner

Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner

Samsung Heavy Industries Co., a major South Korean shipbuilder, has signed a preliminary agreement worth 869.4 billion won ($635 million) with an Af...

Kolmar patriarch wants shares gifted to son back amid sibling rivalry

Kolmar patriarch wants shares gifted to son back amid sibling rivalry

In a dramatic and unprecedented legal move that has shaken South Korea’s corporate landscape, Kolmar Group founder and Chairman Yoon Dong-han ...

LG to drive future growth in emerging markets with battery prowess

LG to drive future growth in emerging markets with battery prowess

LG Group, South Korea’s fourth-largest conglomerate by assets, should step up its efforts to foster future growth with promising technologies,...

Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million

Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million

Korean Air Lines Co., South Korea’s largest full-service carrier, and its joint venture partner Delta Air Lines Inc. will acquire a 25% stake ...

Korean Air changes badge before full integration with Asiana Airlines

Korean Air changes badge before full integration with Asiana Airlines

Korean Air Lines Co., South Korea’s largest full-service carrier, has undergone a major makeover of its corporate identity (CI) for the first ...

TSMC’s potential deal with Intel keeps Samsung on edge

TSMC’s potential deal with Intel keeps Samsung on edge

South Korea’s semiconductor industry is closely watching developments in talks between TSMC and Intel Corp. over the world’s largest con...

S.Korea’s bagel sensation London Bagel Museum attracts multiple foreign investors

S.Korea’s bagel sensation London Bagel Museum attracts multiple foreign investors

London Bagel Museum, which has ignited a bagel fad in South Korea, has drawn strong interest from multiple investors from abroad for its stake sale ...

South Korea’s alternative data pioneer KED Aicel in full force

South Korea’s alternative data pioneer KED Aicel in full force

South Korea’s leading alternative data service provider Hankyung Aicel Inc. is poised to transform companies' and investors’ business an...

Asiana Airlines joins Korean Air as subsidiary

Asiana Airlines joins Korean Air as subsidiary

Asiana Airlines Inc., one of South Korea’s only two full-service carriers, has passed into history after 36 years of operation to be placed un...

Korean Air gets EU approval for Asiana merger

Korean Air gets EU approval for Asiana merger

The European Commission (EC), the European Union (EU) antitrust body, approved the merger between Korean Air Lines Co. and Asiana Airlines Inc. on N...

LG to expand appliance subscriptions to India to speed up leasing business

LG to expand appliance subscriptions to India to speed up leasing business

LG Electronics Inc., the leading global home appliance maker, is considering expanding its subscription service into new overseas markets, such as I...

Naver’s AI-powered search, online shopping services to go into full swing

Naver’s AI-powered search, online shopping services to go into full swing

South Korea’s Naver Corp. has been preparing for years to take its artificial intelligence-based services to the next level. The tech giant no...

CJ Logistics, KT&G introduce hydrogen cargo trucks

CJ Logistics, KT&G introduce hydrogen cargo trucks

South Korea's CJ Logistics said on Thursday that it deployed two 11-ton hydrogen-powered cargo trucks in the logistics division of KT&G Corp.The...

Taihan Cable wins $630 mn power grid project in Singapore

Taihan Cable wins $630 mn power grid project in Singapore

South Korea's Taihan Cable & Solution Co. said on Friday that it signed a contract worth 840 billion won ($630 million) with Singapore PowerGrid...

KakaoTalk to adopt full-screen ads as sales, profit growth stunted

KakaoTalk to adopt full-screen ads as sales, profit growth stunted

Kakao Corp., the operator of South Korea’s dominant messenger and chat app KakaoTalk, is set to introduce full-screen advertisements on the ch...

Hanwha to take full control of S’pore Dyna-Mac with tender offer

Hanwha to take full control of S’pore Dyna-Mac with tender offer

South Korea’s chemicals-to-defense conglomerate Hanwha Group plans to acquire all shares it does not own in Dyna-Mac Holdings Ltd., a Singapor...

Korea's SK Energy to start commercial operations of SAF production line

Korea's SK Energy to start commercial operations of SAF production line

SK Energy Co., South Korea’s largest oil refiner, is set to start commercial operations of a production line for sustainable aviation fuel (SA...

LG CNS, Seoul National Univ. to establish DX talent program

LG CNS, Seoul National Univ. to establish DX talent program

South Korea's LG CNS Co. signed an agreement with Seoul National University's Department of Industrial Engineering on Tuesday to develop talent in d...

The new Kia K8: A high-tech, modern and innovative sedan

The new Kia K8: A high-tech, modern and innovative sedan

South Korea’s second-largest automaker Kia Corp. on Friday unveiled a new K8 large-size sedan, its first drastic facelift in three years.Kia, ...

Samsung to launch 3D HBM chip packaging service in 2024

Samsung to launch 3D HBM chip packaging service in 2024

SAN JOSE -- Samsung Electronics Co. will launch three-dimensional (3D) packaging services for high-bandwidth memory (HBM) within the year, a te...

Kolon to invest additional $9 million in ride-hailing Papa Mobility

Kolon to invest additional $9 million in ride-hailing Papa Mobility

South Korea’s Kolon Group plans to invest an additional 12.4 billion won ($9.1 million) in Papa Mobility Co., bringing its total investment in...

Hyundai’s first full-size electric Genesis GV90 to roll out in late 2025

Hyundai’s first full-size electric Genesis GV90 to roll out in late 2025

The Genesis, Hyundai Motor Co.'s standalone premium brand, will launch its first full-size electric sport utility vehicle, the GV90, late next ...

Affinity eyes full control of food container maker Lock&Lock

Affinity eyes full control of food container maker Lock&Lock

Affinity Equity Partners, which holds a 69.64% stake in South Korean food container manufacturer Lock&Lock Co., is slated to buy most of the com...

EVs in S.Korea exceed 500,000

EVs in S.Korea exceed 500,000

The cumulative number of electric vehicles (EVs) registered in South Korea exceeded 500,000 last year.The number of EV chargers supplied domesticall...

LG Energy, GM’s 2nd Ultium Cells plant begins production in Tennessee

LG Energy, GM’s 2nd Ultium Cells plant begins production in Tennessee

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Tuesday that the second plant of Ultium Cells LLC, a joint venture ...

KDB halts KDB Life sale process to take full control

KDB halts KDB Life sale process to take full control

The state-run Korea Development Bank (KDB) has suspended the protracted sale process of KDB Life Insurance Co. to take full control of the insurer b...

Japan approves Korean Air-Asiana merger

Japan approves Korean Air-Asiana merger

Japan has finally given the nod to the merger between South Korea’s No. 1 full-service carrier Korean Air Lines Co. and No. 2 Asiana Airlines ...

Samsung unveils next-gen signage platform for B2B push

Samsung unveils next-gen signage platform for B2B push

Samsung Electronics Co., the world’s top TV maker by sales, on Monday launched a next-generation signage operations platform to boost its pres...

BNP Paribas, HSBC fined $20.4 million in Korea for naked short-selling

BNP Paribas, HSBC fined $20.4 million in Korea for naked short-selling

South Korea’s financial regulator has slapped a combined 26.52 billion won ($20.4 million) in fines on BNP Paribas SA, its Korean brokerage un...

Kakao to tighten grip over units, rethink horizontal culture

Kakao to tighten grip over units, rethink horizontal culture

Kim Beom-soo, founder and chairman of South Korea’s largest mobile platform Kakao Corp., said on Monday it will abandon its autonomous managem...

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