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EconomyOpposition-controlled Korean Parliament passes slashed $470 bn budgetSouth Korea's opposition-controlled National Assembly on Tuesday passed a government budget bill for 2025, slashed from the gove...
Dec 10, 2024 (Gmt+09:00)
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Private equityAffinity to transform top Korean car rental firms into mobility service providersAffinity Equity Partners aims to develop leading South Korean car rental companies into mobility service providers to create add...
Dec 10, 2024 (Gmt+09:00)
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Corporate restructuringDoosan Robotics’ merger with Bobcat fails on share price plungeDoosan Group on Tuesday canceled Doosan Bobcat Co.'s merger with Doosan Robotics Inc. again after President Yoo Suk Yeol’s...
Dec 10, 2024 (Gmt+09:00)
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EnergyKorea’s OCI, US partner CPS Energy sign 20-year energy storage dealSouth Korean solar cell company OCI Holdings Co. said on Tuesday it has signed a deal with US power supplier CPS Energy to joint...
Dec 10, 2024 (Gmt+09:00)
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BatteriesPOSCO, Hancock seek to jointly build lithium plantPOSCO Holdings Inc. on Tuesday signed a memorandum of understanding with Hancock Prospecting, an Australian mining company, to b...
Dec 10, 2024 (Gmt+09:00)
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Banking & FinanceHanwha's financial companies open AI center in San FrancisoSouth Korea’s seventh-largest conglomerate’s financial companies have opened a joint artificial intelligence center ...
Dec 10, 2024 (Gmt+09:00)
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Artificial intelligenceSamsung SDS to build AI-focused data center at Samsung Electronics’ plantSamsung SDS Co., the information technology service unit of South Korea’s Samsung Group, plans to build an artificial inte...
Dec 10, 2024 (Gmt+09:00)