S.Korea’s top shipyards ride container ship boom as China stumbles

South Korea’s shipbuilder giants are enjoying their strongest container ship cycle in nearly two decades, with this year’s order tally a...

IMM to sell Hyundai LNG Shipping to Sinar Mas, pending government approval

A consortium of IMM Private Equity and IMM Investment Corp. is set to sell Hyundai LNG Shipping Co., South Korea’s largest liquefied natural g...

Samsung Heavy lands nearly $1.4 bn box-ship deal, boosting shares

Samsung Heavy Industries Co., one of South Korea’s top three shipbuilders, has secured a landmark order for seven container carriers worth nea...

Korea Inc. braces for ‘new normal’ of weak won as majority sees 2026 FX above 1,400 won

South Korean companies are drawing up next year’s business plans on the assumption that the foreign exchange rate will remain above 1,400 won ...

HD Hyundai, Huntington sign deal to jointly build US Navy ships under extended MASGA initiative

HD Hyundai Co., South Korea’s leading shipbuilding conglomerate, has signed an agreement with Huntington Ingalls Industries (HII), the largest...

K-wave tourist shopping spree fuels South Korean retailers

South Korean retailers are pinning their hopes on a wave of foreign tourists lured by booming Korean pop culture — from KPop Demon Hunters to ...

KDB recoups $664 mn in public funds from HMM’s buyback

The Korea Development Bank (KDB) has made its first recovery of public funds from HMM Co. following the South Korean ocean carrier’s completio...

POSCO eyes KDB’s $5 bn stake in HMM to enter shipping industry

POSCO Group, South Korea’s largest steel and energy raw materials producer, has embarked on the process to acquire a controlling stake, worth ...

Korea Inc pledges $150 bn US investment; KAL buys new planes, Samsung, Hyundai Motor vow extra spending

WASHINGTON, D.C. – South Korea’s biggest conglomerates have committed $150 billion in fresh investment in the US in a sweeping package t...

HD KSOE buys Doosan Vina for $207.5 mn in green ship push

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) agreed to buy a full stake in Doosan Vina, the Vietnamese unit of Doosan Enerbility C...

K-beauty, K-food exports to US jolted as 15% tariffs go into effect

South Korea’s cosmetics and food exporters have been jolted by a significant drop in shipments to the US after Washington’s 15% tariffs ...

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...

HD Hyundai Heavy wins US Navy ship MRO deal, 1st under MASGA accord

HD Hyundai Heavy Industries Co., one of the world’s leading shipbuilders, has secured its first-ever maintenance, repair and overhaul (MRO) co...

HD Hyundai, ECO launch US shipbuilding project

HD Hyundai Co., South Korea's largest shipbuilding group, has kicked off a joint shipmaking project with US partner Edison Chouest Offshore (ECO), a...

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&...

Hanwha Ocean wins $1.4 bn order from Yang Ming to build 7 container ships

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has bagged an order to build seven container ships, valued at about 2 trillion won ...

JLL, Savills to lead Seoul Square sale in $1 bn deal

JLL and Savills have been tapped to lead the sale of Seoul Square, a landmark office tower, valued at around 1.4 trillion won ($1 billion), adding t...

NPS gobbles up Korea’s top 4 financial holding stocks

South Korea’s largest institutional investor, the National Pension Service (NPS), remains a strong backer of the country’s top four fina...

LG Electronics poised to extend OLED TV market lead into 2025  

LG Electronics Inc. is on track to retain its lead in the organic light-emitting diode (OLED) TV market for the 13th consecutive year, bolstered by ...

Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google

Samsung Electronics Co., the world’s leading memory chipmaker, is in talks to supply customized sixth-generation high-bandwidth memory, or HBM...

HD KSOE secures $1.8 bn in container ship orders

HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) secured orders for 22 container ships worth a total of 2.54 trillion won ($1.8 billion) ...

POSCO raises ship steel prices as Korea's tariffs curb supply

POSCO Holdings Inc. has raised second-quarter prices of thick plates used in vessels amid concerns over tighter supply after South Korea levied anti...

Activist fund Oasis boosts Korea team amid investor-friendly policy shift

Hong Kong-based activist fund Oasis Management is ramping up hiring for its Korea team as Seoul’s push to boost corporate value and strengthen...

S.Korean shipbuilders rally as Trump hints at buying foreign ships

South Korean shipbuilding stocks soared on Friday on news that US President Donald Trump indicated that the world’s No. 1 economy may purchase...

IMM consortium owns 100% of Hyundai LNG Shipping; Stake sale eyed

A consortium of IMM Private Equity Inc. and IMM Investment Corp. has secured full ownership of Hyundai LNG Shipping, South Korea’s top liquefi...

LG Electronics set for early-May Indian stock market debut

LG Electronics Inc. is set to list its wholly owned subsidiary in India on the country's stock exchange in early May, aiming to raise up to $1.5 bil...

HD Hyundai on course for $1.55 bn order amid US-China trade war

HD Hyundai Co., the world’s largest shipbuilding group, is emerging as a key beneficiary of the Trump administration’s tariff policies a...

Korea’s KG Mobility teams up with Chery to develop mid to large SUVs

KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-larg...

SK Hynix ships world’s first 12-layer HBM4 samples early

South Korean memory chip giant SK Hynix Inc. has begun delivering samples of the world’s most advanced, next-generation high bandwidth memory ...

Hanwha wins $1.6 billion order to build 6 container ships for Evergreen

Hanwha Ocean Co., a leading South Korean shipbuilder, said on Monday it has won a 2.33 trillion won ($1.61 billion) order to build six eco-friendly,...