Deal of the Year Awards

Prime office complex AP Tower and two adjacent hospitality properties in Seoul’s Gangnam Business District have been put up for sale in a bu...

South Korean chemicals-to-defense conglomerate Hanwha Group has taken a 9.9% stake in Austal Ltd., an Australian shipbuilder, for 183.3 million Aust...

Winia Co., a South Korean home appliance manufacturer under court-led restructuring, has terminated its conditional acquisition agreement with Seoul...

Kia Corp. will release a new purpose-built vehicle (PBV) model every two years, with plans to launch the PV9 in 2029 and its first model, the PV5, t...

Samsung SDI Co. will issue new shares worth 2 trillion won ($1.4 billion), its first rights offering in two decades, to fund bold facility and R&...

A 210-meter, 40,000-ton US Navy vessel, heavily corroded and weathered from years of service, was pulled into Hanwha Ocean Co.'s shipyard in Ge...

Doosan Enerbility Co., South Korea’s leading gas turbine maunfacturer for power plants, said on Thursday that it has secured a combined $1.5 b...

The global real estate market is expected to pick up significantly over the next few years, with around $500 billion worth of real estate assets, he...

Korean Air Lines Co., South Korea’s largest full-service carrier, has undergone a major makeover of its corporate identity (CI) for the first ...

New York-based Apollo Global Management and London-based Intermediate Capital Group (ICG) have joined the ranks of global private equity firms that ...

GEOJE, South Gyeongsang – At a huge shipyard operated by Samsung Heavy Industries Co. on Geoje, an island in South Gyeongsang province some 39...

South Korea’s No. 2 automaker Kia Corp. saw its Chinese operations turn profitable in 2024 for the first time in eight years as brisk exports ...

North Asia-focused private equity firm MBK Partners is on the verge of clinching a major acquisition deal by offering a higher bid than other conten...

South Korea’s foreign exchange reserves diminished to the lowest level in nearly five years last month, largely due to the expanded forex swap...

Shinsegae Group Chairman Chung Yong-jin has unveiled aggressive growth plans that include opening more E-Mart Inc. hypermarket outlets, defying the ...

South Korea said on Wednesday it plans to create a new visa to attract high-level foreign talent for advanced industries such as artificial intellig...

Doosan Enerbility Co. has clinched an engineering, procurement and construction (EPC) contract for a gas-fired power plant from Qatar in a consortiu...

South Korea’s auto behemoth Hyundai Motor Group has spun off its four in-house startups with innovative technologies in mobility, automation a...

South Korea’s factory production decreased in the first month of this year due to a manufacturing slowdown, while private consumption and busi...

MEMPHIS, Tenn. -- South Korea’s major power system and machinery conglomerate Hyosung Heavy Industries Corp. plans to nearly double its annual...

Concerns are growing that the tech startup ecosystem in South Korea, home to global tech household name Samsung Electronics Co., would be trapped in...

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, said on ...

South Korea’s top carmaker Hyundai Motor Co. Chief Executive Officer José Muñoz was picked as the most powerful figure in the in...

South Korea’s fertility rate bounced back last year for the first time in nearly a decade following a surge in marriages, raising hopes for a ...

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, ended last year with profit for the second straight year thanks to t...

South Korea’s Hyundai Rotem Co. said on Wednesday it has won a 2.2 trillion won ($1.5 billion) train order from Morocco, the biggest single de...

CHA Biotech Co., South Korea’s leading stem cell therapeutics developer, plans to resume an initial public offering of CHA Healthcare Co., a m...

South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co. – have agreed to join forces to pur...

Meritz Financial Group Inc., once a medium-sized financial service firm in South Korea, has become the second-most valuable publicly traded financia...

South Korea’s central bank on Tuesday cut interest rates while sharply reducing its economic growth forecast as lingering political turmoil fo...