Ocean Alliance

South Korea's Lotte Chemical Corp. has joined forces with German energy company RWE and Japan's Mitsubishi Corporation to create a global consortium...

South Korea's transportation company Kakao Mobility on Monday said it concluded a "delivery service business agreement for joint development of the ...

Hanwha Solutions Corp., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Thursday it has formed a strategi...

Pan Ocean Co., the top bulk shipping company in South Korea, has received its first large-scale liquefied natural gas (LNG) carrier to provide shipp...

LAS VEGAS – HD Hyundai Co., the largest shipbuilding conglomerate in South Korea, is set to diversify its future growth engines, focusing on s...

Hana Bank said on Friday that it signed a strategic memorandum of understanding (MOU) with Toss Securities for 24-hour foreign exchange trading at t...

Naver Webtoon Ltd., the world’s top digital comics provider, is set to be a textbook case study for global students as a prominent business sc...

Pan Ocean Co., the shipping affiliate of Harim Group, on Tuesday said it bought a 5% stake or 3.3 million shares in Hanjin KAL Corp. in a block deal...

Hyundai Heavy Industries Group will participate in CES 2023, the world's largest information technology trade show, to showcase its maritime strateg...

South Korean President Yoon Suk-yeol is set to lead the National Space Council, the country’s top control tower for space development, in a bi...

Korea Zinc Co. will exchange part of its treasury shares with those of LG Chem Ltd. and Hanwha Corp. in a move seen to strengthen the secondary batt...

Six leading economic organizations in South Korea have sent a joint letter to the US government and Congress requesting revision of the US Inflation...

The South Korean government, in tandem with the private sector, launched a battery alliance on Tuesday in a bid to support the companies in sourcing...

A consortium led by South Korea’s Tiger Alternative Investors Co. and Los Angeles-based real estate firm Ocean West Capital Partners sold seve...

John Neuffer, president and CEO of the United States Semiconductor Industry Association (SIA), visited South Korea earlier this week on the primary ...

“I'm gonna make him an offer he can’t refuse.”Ahn Cheol-soo, a senior lawmaker of South Korea’s ruling People Power Party, c...

August could mark a turning point for South Korea’s semiconductor industry.The country has been keeping tight-lipped on whether or not to join...

Korea Aerospace Industries Ltd. (KAI), South Korea’s aerospace manufacturer, has agreed to join forces with Lockheed Martin Corp. to enter the...

Samsung Group’s de facto leader Jay Y. Lee on Monday met with visiting Intel Corp. Chief Executive Pat Gelsinger in Seoul to explore ways to f...

SK E&S Co., the natural gas business unit of South Korea’s SK Group, and Australia’s leading energy company Santos Ltd. are seeking ...

Doosan Group will invest 5 trillion won ($4 billion) over the next five years, primarily in next-generation energy sectors such as small module reac...

South Korean President Yoon Suk-yeol and visiting US President Joe Biden emphasized the two countries' iron-clad commitment to economic security all...

South Korean President Yoon Suk-yeol will meet with his US counterpart President Joe Biden this Saturday for a summit meeting in Seoul. The two...

South Korea’s top mobile carrier SK Telecom Co. and its spin-off investment firm SK Square Co. joined hands with Europe’s largest teleco...

A liquefied natural gas (LNG) carrier with autonomous sailing systems will embark on an ocean voyage next month to become the world's first large au...

LG AI Research unveiled an alliance network consisting of 13 corporations and organizations based in South Korea and abroad on Tuesday. There a...

Online shopping platform Queenit recently received 36 billion won ($30 million) from Kakao Ventures Corp., SoftBank Ventures Korea Corp. and more,...

South Korea's leading telecom operator KT Corp. has entered into a strategic alliance with the country's No. 2 lender Shinhan Bank, involving a $370...

South Korea’s third-largest chaebol, SK Group, announced its plans to launch a consultative body to create synergy among its three subsidiar...

Samsung Electronics Co. has onboarded South Korea’s government-led metaverse alliance in a move to strengthen partnership in virtual reality (...