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Samsung GroupSamsung Elec executive touts ‘significant progress’ in M&A efforts
BERLIN – Samsung Electronics Co. has made “significant progress” in the company’s merger and acquisition...
Sep 02, 2022 (Gmt+09:00)
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Mergers & AcquisitionsKorea PE firms to buy FCCL maker NexFlex at $463 mn
South Korean private equity firms are set to take over NexFlex Co., the country’s largest manufacturer of flexible copper-...
Sep 02, 2022 (Gmt+09:00)
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AutomobilesHyundai, Kia post record sales in the US, poised to overtake Toyota
Hyundai Motor Co. and Kia Corp. saw their monthly car sales rise to record highs in the US where carmakers will soon be ineligib...
Sep 02, 2022 (Gmt+09:00)
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Mergers & AcquisitionsMBK’s talks to buy S.Korean education platform falter
MBK Partners’ talks to buy a controlling stake in South Korea’s MegaStudyEdu Co. have collapsed, the company said on...
Sep 02, 2022 (Gmt+09:00)
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Tech, Media & TelecomSouth Korea’s tech giants bolster short-form video content services
South Korea’s tech behemoth Naver Corp. is poised to strengthen its short-form content service on surging demand for video...
Sep 02, 2022 (Gmt+09:00)
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EconomyKorea inflation slows, but BOK may still hike interest rates
South Korea’s headline inflation eased in August for the first time in seven months on a slower rise in oil prices, but th...
Sep 02, 2022 (Gmt+09:00)
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Private equitySeoul sees high odds of reversing Lone Star-favoring ruling
South Korea’s justice ministry expressed confidence in winning an appeal against an international ruling that accepted par...
Sep 02, 2022 (Gmt+09:00)
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North KoreaUkraine war gives North Korea reasons to draw closer to Russia
SEOUL—Russia’s invasion of Ukraine has created an opportunity for North Korea, which has strengthened its ties ...
Sep 02, 2022 (Gmt+09:00)
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Business & PoliticsSamsung leader Lee’s latest role: Special envoy for World Expo 2030 bid
As South Korea is serious about hosting the World Expo 2030, the country’s top business leaders will be given new roles: L...
Sep 02, 2022 (Gmt+09:00)
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Electric vehiclesKorea resolution on US EV incentives passes parliament
South Korea’s lawmakers on Thursday passed a resolution to officially express its concerns over the US Inflation Reduction...
Sep 02, 2022 (Gmt+09:00)