fossil fuel replacement

Private equity firms have snapped up South Korean assets over the past two years, driving their valuations near historic highs in the liquidity-driv...

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

South Korea’s major liquefied petroleum gas (LPG) distributor E1 Corp. made inroads into the hydrogen industry by setting up the eco-friendly ...

South Korea’s largest container line HMM Co. is set to spend 15 trillion won ($11.4 billion) by 2026 to diversify business amid the volatility...

South Korea's oil refining margin, a key indicator of refiners' profitability, dropped below $20 over the past month amid global recession fears. Ho...

Samsung Electronics Co. is set to narrow the gap with bigger competitor Sony in the global image sensor market. The South Korean tech giant introduc...

South Korea’s petrochemical companies will build power plants for the first time in their history to meet their rising energy needs on a stabl...

South Korea’s airlines are suffering from surging oil prices, a weaker won and rising interest rates as the global border reopening has yet to...

SK Innovation Co. announced Tuesday it will inject $30 million into Brooklyn-based Amogy Inc. The intermediate holding company of SK Group and ...

SK Gas Co., a South Korean major liquefied petroleum gas (LPG) provider, and Korean chemicals firm Lotte Chemical Corp. are slated to set up a joint...

Standard & Poor's (S&P), an international credit rating agency, has lowered Korea Electric Power Corp.'s stand-alone credit profile to non-i...

South Korea’s top online fashion platform Musinsa withdrew a plan to acquire a local rival that focuses on Japanese shoppers.The move indicate...

The growing trend toward personalized hiring and the rising demand for technology developers are encouraging South Korea’s human resources tec...

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

Hyundai Rotem Co., a South Korea’s railway system maker under Hyundai Motor Group, said on Friday that it has won a demonstration project to b...

South Korean shipbuilders’ shares stood high in the subdued local stock market as strong order books stoked predictions of earnings improvemen...

Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of the world’s top shipbuilder Hyundai Heavy Indus...

The European Union's tougher emission standards are creating a new headache for airline companies, which are raising their international flights to ...

South Korea’s SK Chemicals plans to invest more than 2 trillion won ($1.6 billion) in eco-friendly material and biopharmaceutical businesses.T...

Scores of South Korean initial public offerings slated for the first half of this year have been delayed after the bourse operator carried out a lar...

Hyundai Motor Co., South Korea’s top automaker, and Iveco Group NV, Italia's truck maker, have agreed to join hands on their commercial vehicl...

South Korean power utility KEPCO Co. reported its largest-ever operating loss of nearly 6 trillion won ($5 billion) in 2021, after it froze the elec...

South Korea’s battery industry is expected to heat up the initial public offering market later this year as battery materials and equipment ma...

The topic of RE100, a multinational campaign to make a full switch to renewable energy by 2050, was brought up last week during a debate among four ...

South Korea’s game developers are expected to seek more acquisitions of the metaverse and non-fungible token (NFT) companies for new profit so...

Plant-based food company Organica Corp. has attracted investment from China’s alternative investment firm CITIC Capital Holdings Ltd. This mar...

Hylium Industries Inc. announced Wednesday that it has been granted an approval in principle (AIP) by the Korean Register for two types of jointly d...

Park Tae-joon, the late honorary chairman of POSCO Co., and other key founding members of the global steel giant celebrated on June 9, 1973, when So...

South Korean refiner Hyundai Oilbank Co. is set to export gasoline and diesel to Hawaii next year through its first term contract to sell petroleum ...

Foreigners sold a net 25.9 trillion won ($21.8 billion) worth of South Korean stocks on the main Kospi from Jan. 1 to Dec. 23 of this year, marking ...