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Mergers & AcquisitionsCarlyle, Keppel, IMM stay in final race for Ecorbit
Carlyle Group, a union of Hong Kong-based Keppel Corp. and Gaw Capital Partners and a consortium of IMM Investment and IMM Priva...
Aug 09, 2024 (Gmt+09:00)
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EarningsKT posts Q2 profit drops on pay raises, bonus payments
KT Corp., South Korea’s No. 1 telecom service provider, on Friday reported a 14.3% drop in second-quarter operating profit...
Aug 09, 2024 (Gmt+09:00)
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AutomobilesThe new Kia K8: A high-tech, modern and innovative sedan
South Korea’s second-largest automaker Kia Corp. on Friday unveiled a new K8 large-size sedan, its first drastic facelift ...
Aug 09, 2024 (Gmt+09:00)
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Real estateIGIS puts NPS-backed building in Seoul on sale for $294 mn
IGIS Asset Management Co., one of Asia's largest real estate investment firms, is seeking to sell a building backed by South Kor...
Aug 09, 2024 (Gmt+09:00)
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Shipping & ShipbuildingHD Hyundai Mipo to build Korea’s first LCO₂ carrier
HD Hyundai Mipo Co., formerly Hyundai Mipo Dockland Co., has embarked on the construction of South Korea’s first liquefied...
Aug 09, 2024 (Gmt+09:00)
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Electric vehiclesHalf of EV imports in Korea run on Chinese batteries as EV fires rise
Of 58 electric vehicle models running on the streets of South Korea, 22 models are equipped with Chinese batteries, a survey sho...
Aug 09, 2024 (Gmt+09:00)
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AirlinesJin Air to launch daily flights on Busan-Nagoya route
South Korea's low-cost carrier Jin Air announced on Friday that it will launch a new route between Busan and Nagoya, starting on...
Aug 09, 2024 (Gmt+09:00)
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Korean foodSamyang Roundsquare holds 'Buldak Ferry Party' in Denmark
Samyang Roundsquare, formerly known as Samyang Foods Group in South Korea, announced on Friday that it held a consumer event cal...
Aug 09, 2024 (Gmt+09:00)
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EnergyKorea seeks to curb China's offshore wind farm dominance
South Korea will prioritize non-price factors such as economic security and contributions to the domestic supply chain over bidd...
Aug 09, 2024 (Gmt+09:00)
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MachineryWoojin selected as preferred bidder for Inglewood light rail project
Woojin Industrial Systems Co., a South Korean railway vehicle manufacturer, said on Friday that it has been selected as the pref...
Aug 09, 2024 (Gmt+09:00)
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EnergyLS Eco Energy supplies 2,000 km of overhead power lines to Vietnam
South Korea's LS Eco Energy Ltd. said on Friday that its Vietnamese unit LS-VINA has completed a supply of around 2,000 kilomete...
Aug 09, 2024 (Gmt+09:00)
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Chemical IndustryKolon to invest $94 mn in industry film JV with SK Microworks
South Korea’s major chemical materials producer Kolon Industries Inc. is set to invest 129.6 billion won ($94.2 million) t...
Aug 09, 2024 (Gmt+09:00)
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EnergyKOGAS executes first simultaneous LNG bunkering in Korea
South Korea's state-run Korea Gas Corp. (KOGAS) said on Friday that its subsidiary, Korea LNG Bunkering, successfully carried ou...
Aug 09, 2024 (Gmt+09:00)
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Aerospace & DefenseLIG Nex1, Palantir join forces on AI weaponry
LIG Nex1 Co., a leading South Korean defense contractor, is teaming up with US artificial intelligence (AI) specialist Palantir ...
Aug 09, 2024 (Gmt+09:00)
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Future mobilityElectrification, Hyundai Mobis’ growth engine for future mobility
Hyundai Mobis Co., the world’s fifth-largest auto parts maker, is set to focus on electrification to enhance its competiti...
Aug 09, 2024 (Gmt+09:00)