Ford, SK On to unwind BlueOval JV amid prolonged EV slump
Ford Motor Co. and South Korea’s battery maker SK On Co. are dismantling one of the most ambitious battery alliances formed during the US EV b...
NPS to outsource specialists to strengthen ESG engagement with overseas portfolio firms
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is seeking to...
South Korea, UAE to jointly pursue nuclear energy exports; Seoul to join Stargate UAE project
South Korea and the United Arab Emirates (UAE) have agreed to jointly pursue nuclear energy exports to third countries, while Seoul is also poised t...
NPS weighs boosting Korean stock allocation as rally tests limits
The National Pension Service, South Korea’s state-run pension scheme, is considering using its annual tactical asset allocation (TAA) plan to ...
LG Electronics eyes completion of Indian unit’s IPO process by October
LG Electronics Inc. has moved ahead with the long-delayed initial public offering of its wholly owned Indian subsidiary, aiming to complete the proc...
HYBE sets up 5th overseas unit in India to expand K-pop idol system
HYBE Co., South Korea's entertainment powerhouse behind the global sensation BTS, has established its fifth overseas unit in Mumbai, India as part o...
S.Korea passes tougher corporate law reform, adopts cumulative voting
South Korea’s National Assembly on Monday passed an amendment to the Commercial Act designed to give minority shareholders greater sway in pro...
Harman sells system integration unit to Wipro to sharpen audio focus
Harman International Industries Inc., wholly owned by Samsung Electronics Co., has sold its digital transformation solutions (DTS) unit to India&rsq...
Korea tightens curbs on foreign homebuyers with new permit system amid speculation fears
South Korea will impose sweeping restrictions on foreign property transactions across the Seoul Metropolitan Area, citing concerns over speculative ...
UK’s TeraView wins preliminary nod for South Korea listing
TeraView Ltd., a British developer of terahertz imaging inspection systems, has received preliminary approval to list in South Korea, moving a step ...
Samsung boosts HBM specialist hiring, scales back foundry recruitment
Samsung Electronics Co. is stepping up recruitment of seasoned high-bandwidth memory (HBM) specialists in a push to reclaim leadership in the semico...
LG Energy secures $4.3 bn LFP battery deal from Tesla in shift from CATL
LG Energy Solution Ltd. on Wednesday announced a $4.3 billion deal to supply lithium iron phosphate (LFP) batteries to a foreign client, identified ...
LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries
Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell ...
S.Korea to overhaul retirement pension system, introduce competition for higher returns
South Korea is planning a sweeping overhaul of its corporate retirement pension system by introducing a competitive, fund-based model that would pit...
LG Group executives to meet with Honda CEO to explore partnership
LG Group is accelerating its efforts to build a partnership with Honda Motor Co. as South Korea's fourth-largest conglomerate beefs up its automotiv...
S.Korea corporate law reform gains bipartisan support
South Korea's ruling Democratic Party’s proposal to strengthen protections for minority investors and enhance board independence has secured t...
HYBE to bring K-pop idol playbook to India, tapping local talent
India, a country of 1.4 billion people, will be HYBE Co.'s next stop to test its K-pop model by discovering and nurturing local talent under its Cha...
Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome
Hanwha Systems Co. is preparing to muscle into a strategic stronghold of South Korea’s missile defense industry, challenging long-time rival L...
Lockheed Martin, KAI to expand partnership to future defense, aerospace tech
Global defense giant Lockheed Martin Corp. and Korea Aerospace Industries Ltd. (KAI) on Tuesday agreed to expand their collaboration into futur...
Korea’s ruling party revives corporate law reform with stricter rules
South Korea’s ruling party is reviving its push for an amendment to the Commercial Act with tougher mandates aimed at protecting minority shar...
Proxy voting rises in South Korea, but few vetoes cast
An increasing number of asset management firms in South Korea are more frequently exercising their voting rights at portfolio companies. Nevertheles...
Liberal Lee Jae-myung wins election as South Korean president
South Korea’s liberal politician Lee Jae-myung has been elected the country's next president. Lee has pledged to revive Asia’s fourth-la...
Hanwha's 'Sea Ghost' makes waves as Greece eyes unmanned naval tech
GEOJE, South Korea – Under a slate-grey sky at the quiet port of Jangmok on South Korea’s southern coast, a sleek, 12-meter vessel slipp...
Korea Investment & Securities to sell Goldman Sachs funds
Korea Investment & Securities Co. said on Tuesday it is set to sell funds operated by Goldman Sachs Asset Management LP in South Korea, offering...
US tariffs add risk premium to dollar assets: Maurice Obstfeld
WASHINGTON, D.C. – The US tariff increases are adding risk premiums to dollar-denominated assets, undermining the dollar’s role as a glo...
Shinhan to lead financing for battery storage project in Japan
Shinhan Financial Group will lead 4.9 billion yen ($35 million) in financing for a large-scale battery energy storage system (BESS) construction pro...
Samsung SDI, Hanwha Ocean to usher in battery-driven submarine era
Hanwha Ocean Co. and Samsung SDI Co. will start evaluating their jointly developed lithium-ion battery system for a submarine with South Korea&rsquo...
Samsung fends off Apple to reclaim global smartphone crown in Q1
Samsung Electronics Co. has regained its position as the world’s top smartphone vendor in the first quarter, outpacing Apple Inc. despite the ...
LG CNS breaks into US smart city market
LG CNS Co., the information technology service unit of South Korea’s LG Group, has won its first public-sector smart city contracts in the US,...
Hanwha Aerospace signs $254 million deal to supply K9 howitzers to India
Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it has signed a 370 billion won ($254 million) deal to supply K9 self...
