Industry and Energy

Shares in South Korea’s leading entertainment companies are rallying amid growing signs that China will likely lift its longstanding ban on Ko...

South Korea’s LG Chem Ltd. has agreed to sell its water filter business – the world’s second-largest producer of reverse osmosis m...

Shinhan Financial Group will lead 4.9 billion yen ($35 million) in financing for a large-scale battery energy storage system (BESS) construction pro...

LG Energy Solution Ltd. has secured a string of billion-dollar energy storage system (ESS) deals in Japan and Europe, outmaneuvering Chinese rivals ...

Dongwon Industries Co., the holding company of South Korea’s seafood-to-logistics Dongwon Group, will delist its canned tuna-manufacturing sub...

The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems h...

JB Financial Group Co., the parent company of Jeonbuk Bank and Gwangju Bank, will join hands with SK Innovation E&S Co. and InnerGen Co. to roll...

POSCO Group, South Korea’s steelmaking giant, will further bolster its competitiveness in the global steel market and energy value chains thro...

Kakao Corp., South Korea’s largest mobile platform, is looking to sell a majority stake in Kakao Entertainment Corp., dropping a plan to take ...

Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 tril...

Global financial markets are facing rising volatility and uncertainty this year as the US stock market rally led by Big Tech is losing steam amid co...

Samsung Electronics Co. has appointed TM Roh, president and head of its mobile eXperience (MX) business, as the new chief of its device eXperience (...

South Korea’s Aekyung Group has put its flagship subsidiary, Aekyung Industrial Co., up for sale as part of broader restructuring efforts to s...

Samsung Heavy Industries Co., a major Korean shipbuilder, has made a breakthrough in its liquefaction technology for floating liquefied natural gas ...

LG Energy Solution Ltd. will supply 1 gigawatt-hour of energy storage system (ESS) batteries to a state-owned utility company in Poland in a deal ex...

LG Energy Solution Ltd., the world’s third-largest battery maker, and Doosan Bobcat Inc., a global construction machinery producer, said on We...

Hanwha Energy Corp., wholly owned by Hanwha Group Chairman Kim Seung-youn’s three sons, has embarked on the process of going public – a ...

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

WOODFORD, Oklahoma – A shale gas field in Woodford, Carter County was bustling with activity on Feb. 25.A team of engineers oversaw the drilli...

South Korea, Japan and other countries want to partner with the US in a $44 billion natural gas pipeline project in Alaska, President Donald Trump s...

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...

US Defense Secretary Pete Hegseth is arranging a visit to South Korea next month to inspect shipyards and discuss cooperation on naval vessel constr...

The sale of Shilla Stay Dongtan, a premium business hotel operated by South Korea’s Hotel Shilla Co., has attracted four bidders, underscoring...

Daedong Corp., South Korea’s leading tractor and farm machinery maker, has ended its two-decade-long partnership with Deere & Co., the wor...

Nexon Co., the parent of Nexon Games Co., became the first Korean game developer to achieve the 4 trillion won ($2.8 billion) sales milestone in 202...

While the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a...

South Korea’s leading alternative data service provider Hankyung Aicel Inc. is poised to transform companies' and investors’ business an...

LG and Hanwha groups will join forces to develop and sell solar energy devices as a package to challenge Tesla Inc., the leader in the solar energy ...

South Korean sportswear brand Fila Holdings Corp. posted a loss in the fourth quarter of last year, hit by the downturn in the apparel industry and ...