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  • Mergers & Acquisitions
    HD Hyundai seeks to acquire Leeyoung to prepare for shipbuilding boom

    South Korea’s HD Hyundai Heavy Industries Co. is seeking to acquire Leeyoung Industrial Machinery Co., a domestic shipbuil...

    Sep 30, 2024 (Gmt+09:00)

  • Economy
    Korea’s finance min, central bank chief to take on demographic crisis

    South Korea’s finance minister and central bank chief on Monday agreed to address the world’s lowest fertility rate,...

    Sep 30, 2024 (Gmt+09:00)

  • Electronics
    LG NOVA hosts Innovation Festival in US

    LG Electronics Inc. 's North American Innovation Center (LG NOVA) said on Monday that it held an Innovation Festival last Wednes...

    Sep 30, 2024 (Gmt+09:00)

  • Petrochemicals
    Sambark LFT rebranded as Lotte Engineering Plastics

    Sambark LFT Co., a plastic materials producing unit of Lotte Chemical Corp., has changed its name to Lotte Engineering Plastics ...

    Sep 30, 2024 (Gmt+09:00)

  • Asset management
    Wealthy Koreans look to Indian equities as 'next China' investment

    First, it was the US that attracted many South Korean investors looking for higher returns.And then came China, which ensnared K...

    Sep 30, 2024 (Gmt+09:00)

  • Shareholder value
    Naver to retire $306 mn shares, but stock remains weak

    South Korea’s leading internet portal operator Naver Corp. will buy back and retire about 400 billion won ($306 million) w...

    Sep 30, 2024 (Gmt+09:00)

  • Corporate restructuring
    Korea’s E-Mart to delist troubled building unit for restructuring

    South Korea’s largest supermarket chain E-Mart Inc. said on Monday it is set to delist its troubled construction subsidiar...

    Sep 30, 2024 (Gmt+09:00)

  • Shipping & Shipbuilding
    Samsung Heavy to become 1st paperless drawing shipyard

    Samsung Heavy Industries Co. said on Monday it will adopt three-dimensional (3D) digital drawings for its entire ship design and...

    Sep 30, 2024 (Gmt+09:00)

  • Bio & Pharma
    Celltrion establishes subsidiary in Vietnam

    Celltrion Inc., South Korea’s largest biosimilar maker, said on Monday that it completed the establishment of a local su...

    Sep 30, 2024 (Gmt+09:00)

  • Tech, Media & Telecom
    LG Uplus, GSMA sign Open Gateway agreement

    South Korea's LG Uplus Corp. said on Monday that it signed an agreement with the Global System for Mobile Communications Associa...

    Sep 30, 2024 (Gmt+09:00)

  • Tech, Media & Telecom
    KT succeeds 5G NTN satellite communication

    South Korea's KT Corp. and its satellite subsidiary KT SAT said on Monday their integration of KOREASAT 6 with a terrestrial 5...

    Sep 30, 2024 (Gmt+09:00)

  • Artificial intelligence
    Microsoft, KT join forces to propel Korea’s AI innovation

    Microsoft Corp. and KT Corp., one of South Korea's top three telecom companies, will drive artificial intelligence transformatio...

    Sep 30, 2024 (Gmt+09:00)

  • Automobiles
    Hyundai's accumulated production hits 100 mn unit milestone

    Hyundai Motor has achieved the 100 million-unit milestone for its accumulated production 57 years after its inception, led by th...

    Sep 30, 2024 (Gmt+09:00)

  • Electronics
    Korea Investment lowers price target for Samsung Electro-Mechanics

    Korea Investment & Securities lowered the target price of Samsung Electro-Mechanics by 14.3% on Sunday, citing weaker-t...

    Sep 30, 2024 (Gmt+09:00)

  • Tech, Media & Telecom
    Samsung Galaxy AI phones surpass 20 mn units in S. Korea

    Samsung Electronics Co. said on Sunday that more than 20 million smartphones in South Korea are now equipped with its Galaxy A...

    Sep 30, 2024 (Gmt+09:00)