News

South Korea’s HS Hyosung Advanced Materials Corp. is seeking to sell its tire steel cord business to secure funds for its new growth ventures such as electric vehicle materials, hydrogen and ...
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope with the t ...
SK Inc., the holding company of SK Group, is in talks with Hahn & Co., a South Korean buyout firm, to sell SK Siltron Co., the country’s sole silicon wafer manufacturer, for around 3 trillion won ($2 ...
LG Electronics Inc. has resumed operations at its home appliance plant in Russia amid prospects of a ceasefire between Russia and Ukraine, signaling a return of South Korea’s companies to the market ...
The United States has abruptly postponed high-level trade talks with South Korea, raising concerns in Seoul that it is slipping down Washington’s priority list in its global round of tariff ...
LG CNS Co., the information technology services unit of South Korea’s LG Group, has bagged a deal to build an artificial intelligence-ready data center in Indonesia, becoming the first Korean company ...
Samsung and SK have strong US investment commitments, while the US market accounts for a mere 7.5% of Korea’s chip exports Samsung and SK Hynix are the world's two largest memory chipmakers Shin-Young ...
Korea Aerospace Industries Ltd. (KAI) on Tuesday signed a $700 million contract to supply 12 FA-50 fighter jets to the Philippines, marking the largest defense supply deal for South Korea this year, ...
South Korean President Lee Jae Myung will likely have a summit meeting with his US counterpart Donald Trump later this month amid a flurry of high-level diplomacy between Lee and other heads of state.
Lotte Tour Development Co. has posted its highest-ever quarterly operating profit, powered by a surge in Chinese tourists to South Korea’s top tourism destination, Jeju Island, placing big bets at its ...
LG Chem Ltd. said on Friday it has finalized the sale of its water filter business to Seoul-based Glenwood Private Equity for 1.4 trillion won ($1 billion) as part of efforts to focus on life science ...
South Korean shipbuilding stocks soared on Friday on news that US President Donald Trump indicated that the world’s No. 1 economy may purchase advanced ships from its friendly nations as part of ...