50 50 JV

South Korea's Moderntec, an electric vehicle (EV) charging solutions company, on Wednesday said it signed a three-year export contract with a partne...

US automaker Ford Motor Co. and South Korean battery manufacturer LG Energy Solution Ltd. are targeting the electric commercial vehicle sector in Eu...

Korea Aerospace Industries Ltd. (KAI), South Korea’s sole military aircraft manufacturer, said on Wednesday it aims to achieve 3.83 trillion w...

LS Cable & System Ltd. will spend 67.5 billion won ($53.3 million) to set up a joint venture with Austria’s Hammerer Aluminium Industries ...

South Korean start-up Una Stella announced on Monday that it has secured 5.5 billion won ($4.4 million) in pre-Series A funding, led by Strong Ventu...

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to ramp up capital expenditure by more than half thi...

Carrier Global Corp.’s joint venture in South Korea aims to ramp up sales with the cold chain business, the series of actions and equipment ap...

DAVOS, Switzerland – Danish wind turbine producer Vestas Wind Systems A/S has said it would invest $300 million in South Korea and positively ...

South Korea's biotech company Bioneer Corp. on Monday said it concluded a deal to form a joint venture with PT Indika Energy of Indonesia for busine...

South Korea as early as the second half of next year could lift regulations on money transfers abroad that exceed $50,000 per year.Daily foreign cur...

Glendale, Kentucky -- A battery joint venture between South Korea’s SK On Co. and Ford Motor Co. is likely to raise about $4 billion in a US g...

Asia-focused Orchestra Private Equity agreed on Wednesday to buy a 100% stake in the South Korean operations of fast food chain KFC for around 60 bi...

South Korean battery maker LG Energy Solution Ltd. posted its largest-ever profit in 2022, driven by strong sales after its US joint venture with Ge...

South Korea is set to impose a fine of 150.9 billion won ($118.9 million) on Hyundai Oilbank Co., a local refiner backed by Saudi Aramco, for allege...

SK Networks Co., a South Korean general trading firm, said on Jan. 3 it has completed the acquisition of SS Charger Co., a leading electric car char...

Hyundai Motor Co. said on Friday that its Tucson SUV has been selected as the "best family car" by the British motoring TV show Top Gear.In the rece...

South Korea is set to require a takeover bidder for a listed company to buy stakes held by small shareholders at the same price to be paid to a majo...

SK Materials Airplus Co. announced on Monday that it signed an MOU with US-based Arencibia to prepare to enter the noble gas recycling business.&n...

Everybody is aware that investment fever on biotech firms has already cooled due to rising interest rates and concerns over the fizzling economy, an...

South Korean battery maker LG Energy Solution Ltd. said on Wednesday its joint venture with General Motors Co. has attracted $2.5 billion via a loan...

NEW YORK – SK On Co., a leading South Korean battery maker, and Ford Motor Co. have begun building their multi-billion-dollar joint venture in...

South Korea’s chemical firm Lotte Chemical Corp. and Air Liquide Korea, the Korean unit of the French company Air Liquide SA, announced on Tue...

The Korea Automobile Importers & Distributors Association (KAIDA) announced on Monday that along with the easing of a supply shortage of auto se...

South Korean battery maker LG Energy Solution Ltd. and General Motors Co. plan to inject an additional $275 million in a US electric vehicle battery...

Yeochun NCC Co., a leading South Korean petrochemical producer, will split up after its two owners – Hanwha Group and DL Group – have ag...

Gaming giant Nexon Co. is set to acquire a 50% stake in the Autoway Tower, an office building in Seoul's Gangnam business district, from the Korean ...

South Korea’s central bank may increase interest rates by 50 basis points again as the US Federal Reserve continued to aggressively tighten mo...

South Korea’s exports fell for the first time in two years in October, posting a trade deficit for seven months in a row – the clearest ...

The South Korean economy grew at its slowest pace of the year in the third quarter on weak net exports, adding to concerns over a further slowdown i...

South Korea’s electric vehicle charging platform startup is set to make inroads into Indonesia, a prospective EV market with the world’s...