LS moves closer to role as Hanjin KAL’s white knight vs Hoban
Hanjin KAL Corp., the largest shareholder of Korean Air Lines Co., is strengthening its alliance with LS Group, the parent of LS Cable & System ...
Trump Jr. meets Korean business chiefs in back-to-back sessions
Donald Trump Jr., the eldest son of US President Donald Trump, spent his one-and-a-half-day visit to South Korea in back-to-back private meetings wi...
STX to export $60 mn wheeled armored vehicles to Peru
STX Corp., a South Korean general trading company, said on Monday it signed a contract with Fábrica de Armas y Municiones del Ejé...
S.Korean investors' US stock holdings surpass $100 bn
The US stock holdings of South Korean individual investors surpassed $100 billion for the first time, driven by a sustained rally in the US markets ...
Allies fret over Trump presidency as authoritarian axis challenges US-led order
Donald Trump is returning to the White House as the world is embroiled in two widening regional wars, America’s rivals are coalescing into a new...
MBK’s Korea Zinc bid aimed at corporate governance, shareholder value
MBK Partners’ takeover bid for Korea Zinc Inc. aims to improve corporate governance and shareholder value at the world’s largest lead an...
MBK’s Korea Zinc takeover attempt to spur search for white knights
North Asia-focused private equity firm MBK Partners Ltd.’s attempt to take control of Korea Zinc Inc. and the country’s plan to require ...
LG Uplus publishes white paper on 6G services
South Korea's LG Uplus Corp. said on Wednesday the release of its "6G White Paper: Non-Terrestrial Networks," which explores the future direction of...
CJ CheilJedang's K-style rice gains popularity in N.America
South Korea’s CJ CheilJedang Corp. said on Tuesday that its sales of the flagship brand Bibigo’s Cooked Sticky White Rice in North Ameri...
LG Group earmarks $74 bn for 5-year investment in Korea
LG Group, South Korea’s No. 4 conglomerate, on Wednesday announced a plan to invest 100 trillion won ($74 billion) through 2028 in its future ...
HD Hyundai Oilbank changing into eco-friendly energy entity
South Korea's HD Hyundai Oilbank is transforming from a petroleum and oil refinery company into an eco-friendly energy entity through diversificatio...
S.Korea’s aid service Boram Group enters companion animal market
South Korea’s Boram Group, whose main affiliate is an aid company, has entered the companion animal market. Affiliates Boram Sangjo and ...
Coupang taps former Trump aide for political relations
South Korean e-commerce giant Coupang Inc. hired a top aide of former US President Donald Trump to expand its political network in Washington and se...
S.Korea to return to Japan’s preferential trade partner list in July
Japan has decided to put South Korea back on the list of its preferential trade partners, nearly four years after its removal. The Korea-Japan trade...
HD Hyundai Oilbank to build eco-friendly power plants
South Korea's HD Hyundai Oilbank is pursuing the construction of eco-friendly power plants powered by liquefied natural gas and blue hydrogen.The co...
UAE to find $2 bn investment opportunities in S.Korea
The United Arab Emirates (UAE) is reviewing $2 billion worth of investment project in South Korea, such energy and information communications techno...
CJ ENM’s OTT platform TVing: White elephant or new cash cow?
CJ ENM Co. is the undisputed No. 1 movie producer and distributor in South Korea, having sponsored numerous awards-wining films such as “Paras...
LG Elec to spend over $4 bn on capex in 2023, biggest in a decade
LG Electronics Inc. has decided to go bold to widen the technology gap with its rivals, with its biggest capital expenditure in a decade of more tha...
SillaJen starts US trial of anti-cancer drug from Basilea
SillaJen Inc. said on Monday it has enrolled the first patient in a US phase 1 trial of an anti-cancer drug BAL0891 licensed from Swiss drugmaker Ba...
SK Telecom, NTT Docomo jointly publish technical white paper
SK Telecom Co. announced on Wednesday that it had published a technical white paper on 6G common requirements and 5G base station power-saving measu...
Samsung Biologics’ profit near doubles on strong orders
Samsung Biologics Co., the world’s top contract drugmaker, said its profit almost doubled last year thanks to more orders as its sales surged ...
Korea to invest $367 million to nurture AI, metaverse, digital talent
South Korea plans to spend 453.7 billion won ($367 million) this year to nurture digital talent in the fast-growing business sectors, including the ...
POSCO Int’l completes merger with energy affiliate
South Korea’s POSCO International Co. completed a merger with its affiliate POSCO Energy Co. on Jan. 1, which the trading company said would f...
Samyang transitions to white biotech with S.Korea’s first isosorbide plant
Samyang Group, a diversified conglomerate, has long focused on the chemicals and foodstuffs sectors. While adding to its existing chemicals bus...
Harim seeks Genofocus purchase to enter biotechnology business
Harim Co., South Korea’s top poultry processing company, is seeking to acquire Genofocus Inc., a Kosdaq-listed industrial and pharmaceutical e...
SK Discovery to control affiliates’ entire biotechnology business
SK Discovery Co., an intermediate holding company of South Korea’s third-largest conglomerate SK Group, will take charge of the entire biotech...
Korean Air, its white knight Naver close ranks in digital partnership
South Korea’s national flag carrier Korean Air Lines Co. and online platform giant Naver Corp. are expanding their business cooperation in dig...
Kakao steps back from conflict over Google's in-app payment
South Korea’s Kakao Corp. has voluntarily removed an external payment link from the country’s largest messaging app KakaoTalk in complia...
Disney+ becomes white elephant for LG Uplus
For South Korea’s wireless carrier LG Uplus, Disney+ may have become more trouble than it is worth.The country’s video-on-demand over-th...
Hyundai Oilbank steps up eco-friendly white bio business
Hyundai Oilbank Co., a South Korean petroleum and refinery company, is slated to tap into the white biotechnology market. The company has selected w...
