Merchant Marine Act of 1920

South Korea’s National Pension Service (NPS) is looking for a new chief investment officer (CIO) as former CIO Ahn Hyo-joon’s term ended...

POSCO Group, which owns South Korea’s largest steelmaker, plans to invest an additional $1.09 billion, or 5 trillion won, in its lithium produ...

South Korea’s Samsung Life Insurance Co. and Samsung Fire & Marine Insurance Co. have committed to a $650 million injection in some altern...

SK On Co., the world’s fifth-largest rechargeable battery maker, has sweetened its deal to attract 2 trillion won ($1.4 billion) in new share ...

South Korea will step up policy efforts to promote battery recycling, which might help the country get around the new US bill aimed at keeping elect...

The world’s two largest shipbuilders Hyundai Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co., decided to shut down t...

WASHINGTON D.C. – South Korea and the United States have agreed to launch formal negotiations over ways to address the negative impacts of the...

Samsung SDI Co., the world's sixth-largest battery maker, is set to push forward the start of its plant construction in the US by two months in resp...

Hyundai Motor Group Chairman Chung Euisun is off to the US to meet government officials and business leaders as the recently passed Inflation Reduct...

The South Korean government is considering filing a complaint with the World Trade Organization (WTO) over the US' new Inflation Reduction Act (IR...

As global investors are seeking ways to protect their investment returns in an inflationary, rising rate environment, some asset managers are eyeing...

As global investors are seeking ways to protect their investment returns in an inflationary, rising rate environment, some asset managers are eyeing...

Hanwha Solutions Corp. and OCI Co., South Korea’s two leading solar power-related companies, are poised to gain a tailwind from the US governm...

South Korea’s antitrust regulator on Tuesday slapped GS Retail Co., a GS Group unit that operates the country’s second-largest convenien...

Hyundai Heavy Industries Group, the world’s top shipbuilder, secured another future growth engine from its solar cells and modules business on...

Hyundai Marine & Fire Insurance Co. of South Korea is seeking investment opportunities for distressed and special situation strategies with a se...

Hyundai Heavy Industries Co., a South Korean shipbuilding giant, is seeing its marine engine business unit emerge as the company’s cash cow.Th...

One after another, South Korea’s household name conglomerates are establishing corporate venture capital (CVC) firms under their holding compa...

Some major institutional investors of South Korea have committed a combined $620 million to Partners Group’s third direct infrastructure progr...

The world’s No. 1 boy band BTS became the first Asian act to take the prize for artist of the year at the American Music Awards, one of the to...

When SM Group, formerly known as Samla Midas Group, took over assets of bankrupt Hanjin Shipping Co., for 37 billion won ($32 million) at the end of...

Hyundai Heavy Industries Group will deploy more than half of its new hires of R&D in future growth areas such as hydrogen, self-driving vessels,...

South Korea’s merchant liner SM Line Corp. is set to become a publicly-traded company in November. SM Line has submitted its securities regist...

Actress Youn Yuh-jung has made history by becoming the first Korean actor to win an Oscar at the Academy Awards, held in Los Angeles Sunday night.&n...

National Pension Service’s (NPS) investment strategy head Soo-Cheol Lee has assumed the role of acting chief investment officer of the $561 billion pe...

National Pension Service’s acting chief investment officer In-Sik Cho tendered a resignation on July 4, according to an NPS source, which may leave fo...

The National Pension Service (NPS) has begun running an emergency inspection system for its investment management department with the appointment of...

Hyundai Marine & Fire Insurance Co. Ltd., South Korea’s second-largest non-life insurer by assets, is considering investing in one or two addition...

South Korea’s Hyundai Marine & Fire Insurance Co. Ltd. will commit around 60 billion won and 70 billion won ($50~58 million) to a domestic real es...