LG Chem new growth engine

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

LG Electronics Inc. has invested in Apex.AI, a US-based startup developing safety-certified software designed to accelerate the transition of softwa...

Lee Bok-hyun, governor of South Korea’s top financial watchdog body, the Financial Supervisory Service (FSS), said on Thursday that there shou...

LG Electronics Inc., South Korea’s top appliance maker, has rebranded its 10-year-old premium built-in kitchen appliance business to double do...

LG Innotek Co., a major South Korean electronics parts developer, has forayed into the automotive application processor (AP) module market, poised f...

South Korea’s major e-commerce platforms, including Naver Shopping, are showing signs of slowing growth amid the rise of Chinese platform gian...

South Korean shipbuilders are expected to benefit from a potential surge in demand for liquefied natural gas (LNG) and crude oil carriers as US Pres...

Hyundai Motor Group has created a future business strategy division that serves as a control tower for the automotive group’s expansion into n...

Companies under South Korea’s fourth-largest conglomerate LG Group scrambled to sell shares and bonds to raise 4 trillion won ($2.8 billion) e...

PAG, an Asia Pacific-focused alternative investment firm, on Friday announced the final close of its 10th opportunistic real estate fund at $4 billi...

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...

South Korea’s two warship builders – HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., – are set to ride tailwinds in their bi...

South Korea’s state-run think tank has cut its growth forecast for the country this year, citing President Donald Trump’s trad...

Companies in South Korea are expected to refrain from seeking initial public offerings for a while after the country’s much-anticipated new bl...

Many companies, big and small, sell or buy affiliated units to raise funds or narrow their focus during economic downturns, and to fund expansion or...

South Korea is making inroads into the Middle East's medical device market dominated by the US and Europe, aiming to leverage the region’s str...

LG Chem Ltd., the world’s fourth-largest chemicals producer that is fostering vaccine and new drug development as new growth drivers, has kick...

Lee Hae-jin, the founder of South Korea’s No. 1 internet portal operator Naver Corp., is set to return to the company to lead the board amid t...

South Korea’s two largest cosmetics makers, Amorepacific Corp. and LG H&H Co., are recovering from years of lackluster overseas business p...

LG AI Research Institute, the artificial intelligence think-tank of LG Group, South Korea’s fourth-biggest conglomerate, on Thursday signed a ...

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 biosimilar drug developer Celltrion Inc.'s Vegzelma, a cancer drug referencing global biopharma Roche’s Avastin, h...

Samsung Electronics Co. Chairman Lee Jae-yong was found not guilty of accounting fraud, stock manipulation and other criminal charges by a Seoul app...

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 chipmaker Magnachip Semiconductor Corp. is on the market again four years after the US blocked a takeover by a Chinese private equity f...

South Korea’s major law firms saw rapid growth in revenue last year as the economic slowdown sparked business overhauls at top conglomerates, ...

Doosan Skoda Power, the Czech-based power plant equipment-making unit of South Korea’s Doosan Enerbility Co., plans to list its shares on the ...

LG Electronics Inc. has secured control of Bear Robotics Inc., a service robot developer, by raising its stake to 51% from 21% as it aims to expand ...

South Korea’s HS Hyosung Advanced Materials Corp. is seeking to sell its tire steel cord business to secure funds for its new growth ventures ...

South Korea’s KT Corp. is set to sell Initech Co., its Kosdaq-listed financial security unit, for 85 billion won ($59.1 million) as the leadin...