South Korea's low-cost carrier Air Premia Inc. has teamed up with North Asia-focused private equity firm MBK Partners to win Asiana Airlines Inc.'s lucrative cargo unit worth up to 500 billion won ($364 million) after the country's No. 1 budget carrier Jeju Air Co. dropped out of

Hanwha Aerospace Co., a leading South Korean defense company, on Thursday signed a $1.64 billion deal to supply 72 units of Chunmoo multiple launch rocket system (MLRS) to Poland.The deal was signed by Hanwha Aerospace Chief Executive Son Jae-il and Artur Kuptel, head of the Poli

South Korea’s leading brokerage house Meritz Securities Co. Executive Vice President Hwang Tae-young, a structured product expert, left the firm last week, according to banking sources on Thursday. Hwang’s resignation came as a surprise as it took place a month after

BEIJING -- Hyundai Motor Co., South Korea’s top carmaker, joined hands with Contemporary Amperex Technology Co. (CATL), the leading global battery manufacturer, to recover its ailing business in China with customized eco-friendly models for the world’s largest automobile and electric vehicle market.Hyundai Motor Group’s key research center in South Korea is developing EVs tailored for the Chinese market in partnership with R&