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Tech, Media & TelecomHyundai Motor, KT in $540 million share swap deal for future mobility
South Korea’s Hyundai Motor Group and telecom giant KT Corp. have agreed to expand their future mobility partnership throu...
Sep 07, 2022 (Gmt+09:00)
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Mergers & AcquisitionsLotte Card draws bid from Hana as key candidates back off
South Korea's Lotte Card Co. has drawn preliminary bids from Hana Financial Group, a leading banking group in the country, and t...
Sep 07, 2022 (Gmt+09:00)
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SteelTyphoon Hinnamnor shuts all POSCO furnaces for 1st time in 49 years
POHANG, North Gyeongsang Province – POSCO Holdings Inc., the holding company of South Korea’s steel giant, said on W...
Sep 07, 2022 (Gmt+09:00)
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EnergyHanwha Solutions, GS Energy to produce sheets for solar power
South Korea’s Hanwha Solutions Corp., Hanwha Group’s energy services arm, is entering into a sizeable co-investment ...
Sep 07, 2022 (Gmt+09:00)
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AutomobilesHyundai opens Asia’s largest driving center in S.Korea
Hyundai Motor Group, South Korea’s top automaker, on Wednesday opened the largest driving center in Asia to showcase the p...
Sep 07, 2022 (Gmt+09:00)
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Private equityMBK chairman to donate $10 mn to Metropolitan Museum
Michael ByungJu Kim, founder and chairman of MBK Partners, has pledged $10 million to the Metropolitan Museum of Art in New York...
Sep 07, 2022 (Gmt+09:00)
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Korean chipmakersSamsung’s $22 bn new chip plant up and running to make NAND flash
PYEONGTAEK – Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it has put its new 30 ...
Sep 07, 2022 (Gmt+09:00)
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ElectronicsSamsung set for record Q3 profit on iPhone 14 series shipments
Samsung Display Co. is expected to report its strongest results for the current quarter, after the South Korean OLED panel maker...
Sep 07, 2022 (Gmt+09:00)
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Pension fundsKorea may limit NPS power on shareholder derivative suits
South Korea may keep the National Pension Service (NPS), the world’s third-largest such fund, from increasing its power fo...
Sep 07, 2022 (Gmt+09:00)
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Pension fundsCalSTRS, Korea's KTCU consider launching 2nd real estate JV
The Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, and the California St...
Sep 07, 2022 (Gmt+09:00)
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Cloud computingHancom to focus on cloud computing and AI services
South Korea’s homegrown software giant Hangul and Computer Group, also known as Hancom Inc. Group, is slated to transform ...
Sep 07, 2022 (Gmt+09:00)