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Corporate restructuringSamsung Life mulls putting Samsung Fire under its wing as subsidiarySamsung Life Insurance Co., South Korea’s largest life insurer, is considering bringing Samsung Fire & Marine Insuranc...
Feb 04, 2025 (Gmt+09:00)
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Artificial intelligenceOpenAI, SoftBank tap Samsung for Stargate AI initiativeSamsung Electronics Co. Chairman Lee Jae-yong discussed potential collaboration on the Stargate AI initiative with OpenAI co-fou...
Feb 04, 2025 (Gmt+09:00)
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Beauty & CosmeticsKorea’s beauty retailer CJ Olive Young to open first US offline outletCJ Olive Young Corp., South Korea’s top beauty store chain, said on Tuesday it has set up a US business entity in Los Ange...
Feb 04, 2025 (Gmt+09:00)
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Corporate restructuringPOSCO seeks $1 bn restructuring amid weak steel, battery materials sectorsSouth Korea’s POSCO Holdings Inc. said on Monday it plans to sell 61 unprofitable and non-core assets to raise 1.5 trillio...
Feb 04, 2025 (Gmt+09:00)
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EarningsKorean financial holding firms log record-high profits in 2024South Korea’s top four financial holding firms are estimated to have posted their highest-ever profits in 2024, driven by ...
Feb 04, 2025 (Gmt+09:00)