Kospi surges past 3,600 for 1st time in post-holiday catch-up rally
South Korea’s stock market extended its record-breaking run on Friday, surging past the 3,600-point mark for the first time in its history.Sem...
Samsung, SK Hynix set to ride major boon from OpenAI-AMD chip pact
Samsung Electronics Co. and SK Hynix Inc. are poised to ride a fresh wave of demand from OpenAI Inc.’s landmark partnership with Advanced Micr...
Korea’s battery materials maker Enchem scraps $143 mn US plant plan
Enchem Co., a South Korean battery materials maker, has scrapped its plan to invest $143 million to build a plant in the US due to the protracted do...
Doosan emerges as frontrunner to acquire SK Siltron
Doosan Group has emerged as the leading candidate to acquire SK Siltron Co., the world’s third-largest semiconductor wafer producer, in a deal...
UCK Partners commences sale of Costco-supplier Umji Food
Seoul-based buyout firm UCK Partners has launched the sale of Umji Food Co., a Korean frozen foods maker valued at up to 300 billion won ($214.4 mil...
BTS Jungkook, K-pop’s lone record maker, extends Spotify, Billboard milestones
BTS member Jungkook has set yet another milestone on global streaming giant Spotify, reaffirming his status as K-pop’s first and only “r...
DL Chemical to sell cash cow Cariflex in portfolio rebalancing
DL Chemical Co., South Korea's leading petrochemical company, has embarked on a process to sell Cariflex Pte about five years after acquiring the Si...
K-beauty device stocks glow up on growth hopes
South Korean makers of beauty devices that promise healthier, radiant skin are riding a wave of investor demand, fueled by growing global enthusiasm...
LG Chem to raise up to $2.2 bn in Korea’s largest PRS deal, backed by LG Energy stake
South Korea’s leading chemicals maker, LG Chem Ltd., has set out to raise as much as 3 trillion won ($2.2 billion) through a stock-linked fina...
Whirlpool alleges Samsung, LG rejigged product transfer prices to lower US tariffs
NEW YORK – Whirlpool Corp., the world’s top home appliances maker, has lodged a complaint with the White House, alleging that South Kore...
French specialty gas maker Air Liquide signs $2.9 bn deal to acquire DIG Airgas from Macquarie
Air Liquide SA, a French multinational industrial gas and services company, has signed a share purchase agreement to acquire South Korea’s DIG...
Posco Future M ships 1st cathodes made with domestic precursors to Ultium Cells
POSCO Future M Co., South Korea’s leading battery materials maker, has begun shipping cathode materials entirely produced with domestically so...
Korens cleared in trade secrets dispute with SNT Motiv
South Korean auto parts manufacturer Korens and its affiliate Korens EM have been cleared of all charges in a years-long legal battle with larger ri...
Hyundai Hyms sale kicks off as J& Private Equity sends out teaser letters
Hyundai Hyms Co., a Kosdaq-listed ship block manufacturer, is officially on the auction block as its private equity owner, J& Private Equity (J&...
POSCO Future M breaks with China in cathode supply chain
GWANGYANG, SOUTH JEOLLA – POSCO Future M Co., South Korea’s leading battery materials maker, has secured itself a China-free cathode mat...
KT&G seeks $200 mn acquisition of Nordic nicotine pouch maker
KT&G Corp. is in talks to acquire a leading nicotine pouch company in Northern Europe for about 300 billion won, or $200 million, investme...
Hanwha Aerospace to build defense plant in Germany as European base
Hanwha Aerospace Co. plans to build a precision missile manufacturing plant in Germany as part of its global strategy to expand its presence across ...
LG Energy, Samsung SDI to build 1st US LFP battery plants with GM
In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – LG Energy Solut...
UK chip testing device maker TeraView seeks Kosdaq debut
TeraView Ltd., a UK semiconductor inspection device maker, is aiming to list on South Korea’s Kosdaq market in the second half of this year, i...
LG Innotek, Boston Dynamics team up to develop Atlas eyes
LG Innotek Co., a leading South Korean electronics parts maker, will jointly develop new vision sensing systems with Boston Dynamics Inc., a major g...
BYD’s Atto 3 overtakes Tesla’s Model Y as best-selling EV in South Korea
China’s BYD Co. has dethroned Tesla Inc. in South Korea with its compact sport utility vehicle, the BYD Atto 3, becoming the best-selling impo...
South Korea’s renewed stock market darlings: Weapons makers
South Korea’s defense industry is once again capturing investor attention, as exports of tanks, armored vehicles and other weapons systems soa...
Packaging rides K-beauty wave: Shares of cosmetics container makers soar
As South Korea’s independent beauty brands continue to take the global stage by storm, investors are now looking beyond the creams and serums ...
Doosan enters race to acquire SK Siltron in strategic semiconductor push
South Korea’s Doosan Group has entered the bidding war for SK Siltron Co., the world’s third-largest manufacturer of semiconductor wafer...
Kumho Tire eyes Poland, Serbia, Portugal for 1st European plant
Kumho Tire Co., South Korea’s No. 2 tire maker, is evaluating Poland, Serbia and Portugal as a potential site for its first plant in Europe as...
Orion behind original Choco Pie to invest $580 million in new plants
Orion Corp., a South Korean confectionery and snack manufacturer, will inject 830 billion won ($580 million) over three years to expand snack manufa...
SK Hynix beats Samsung to become global No.1 DRAM maker
SK Hynix Inc. has snatched the crown from Samsung Electronics Co. to become the world’s largest memory chip supplier for the first time since ...
Samsung, LG review strategies as Trump slaps Vietnam with steeper tariffs
South Korea’s two leading electronics makers – Samsung Electronics Co. and LG Electronics Inc. – are being forced to reassess thei...
Aekyung Industrial up for sale as group struggles to ease liquidity crunch
South Korea’s Aekyung Group has put its flagship subsidiary, Aekyung Industrial Co., up for sale as part of broader restructuring efforts to s...
KKR, Carlyle, Hillhouse race to buy Korean beauty device maker Classys
Global private equity giants such as KKR & Co., Carlyle Group and Hillhouse Capital Group Holdings are vying to acquire Classys Inc. as the Sout...
