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BatteriesEcoPro BM in talks to produce sodium-ion battery cathodes
MUNICH, Germany – EcoPro BM Co., a South Korean cathode material producer, is in close discussion with a domestic carmaker...
Jun 20, 2024 (Gmt+09:00)
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Chemical IndustryLotte Chemical develops anti-thermal runaway material
Lotte Chemical Corp., South Korea’s second-largest petrochemicals company seeking to ramp up value-added advanced material...
Jun 20, 2024 (Gmt+09:00)
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Private equityAffinity to buy Korea's No. 2 car leasing firm for $591 mn
Affinity Equity Partners will buy a 100% stake in South Korea’s second-largest car leasing company SK Rent-a-Car Co. for 8...
Jun 20, 2024 (Gmt+09:00)
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Corporate restructuringSK asks KDB for further funding before drastic restructuring
SK Group, South Korea’s second-largest business group in terms of total assets, has asked the country’s state-run Ko...
Jun 20, 2024 (Gmt+09:00)
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E-commerceShein cracks Korea's ultra-low-cost online fashion market
Shein, a Chinese fast fashion online retailer, announced on Thursday its official debut in South Korea with the launch of its Ko...
Jun 20, 2024 (Gmt+09:00)
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Private equityAffirma Capital seeks to sell entire stake in both SeAH FS, S&G Holdings
Affirma Capital, a Singapore-based buyout private equity firm, is seeking to sell its entire stake in both South Korean steel tu...
Jun 20, 2024 (Gmt+09:00)
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AutomobilesHyundai Motor debuts 2025 Avante with improved cluster space use
Hyundai Motor Co. announced on Thursday that it has launched the updated model of the compact sedan, 2025 Avante, and has begun ...
Jun 20, 2024 (Gmt+09:00)
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EnergyDoosan Enerbility to introduce carbon reduction tech at Thai power plant
South Korea's Doosan Enerbility Co. plans to introduce carbon reduction technologies, including ammonia co-firing and carbon cap...
Jun 20, 2024 (Gmt+09:00)
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MachineryHD Hyundai Infracore secures order for 39 excavators in Turkiye
South Korea's HD Hyundai Infracore Co. announced on Thursday that it has recently secured an order for 39 large excavators under...
Jun 20, 2024 (Gmt+09:00)
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InfrastructureMacquarie eyes its 1st Korean data center valued around $722 mn
Macquarie Group’s South Korean infrastructure investment arm is set to buy its first domestic data center, valued at up to...
Jun 20, 2024 (Gmt+09:00)
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Korean startupsDentlink, virtual lab for dentists around the world
It's been just over two years since Innovaid Co. launched Dentlink but the South Korean startup has already pivoted from its ear...
Jun 20, 2024 (Gmt+09:00)
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Hydrogen economyHyundai E&C to build S.Korea's first nuclear-linked hydrogen plant
South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) will lead a consortium to build the nation's first hy...
Jun 20, 2024 (Gmt+09:00)
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Mergers & AcquisitionsSK Innovation looks to merge with SK E&S for organic growth
SK Innovation Co., the parent of South Korea’s largest oil refiner SK Energy Co. and battery maker SK On Co., is looking t...
Jun 20, 2024 (Gmt+09:00)
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ESGLIG Nex1 earns top Morgan Stanley ESG rating of AA for 2nd consecutive year
LIG Nex1 Co., a leading defense system developer in South Korea, announced on Thursday that it has received an AA rating in the ...
Jun 20, 2024 (Gmt+09:00)
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EnergyLG Uplus to enter renewable energy market through power brokerage
LG Uplus Corp., South Korea's third-largest mobile carrier, announced on Thursday that it will enter the renewable energy supply...
Jun 20, 2024 (Gmt+09:00)