News

South Korean chemicals-to-defense conglomerate Hanwha Group has taken a 9.9% stake in Austal Ltd., an Australian shipbuilder, for 183.3 million Australian dollars ($117 million) to cement its presence ...
LG Energy Solution Ltd. will supply 1 gigawatt-hour of energy storage system (ESS) batteries to a state-owned utility company in Poland in a deal expected to help South Korea’s No. 1 lithium-ion ...
STIC Investments Inc., South Korea’s only listed private equity firm, has become the latest target of shareholder activism as Seoul-based Align Partners Capital Management Inc. joined the US private ...
South Korean food giant CJ CheilJedang Corp.'s quarterly operating profit increased for the third consecutive quarter, reversing a decline in the third quarter of 2023 thanks to sales growth in ...
South Korea has proposed forming a consortium with Japan, Taiwan and Vietnam to jointly assess the feasibility of investing in the $45 billion Alaska LNG project, a move that could reshape regional ...
Kbank, a South Korean online bank, is preparing to list on the main bourse Kospi at an estimated value of up to 5 trillion won ($3.8 billion) in the fourth quarter of this year. If it goes forward, it ...
SK Ecoplant Co., a South Korean construction engineering and waste management company, is seeking to absorb the profit-making subsidiaries of SK Materials Co., an industrial gas business unit within ...
LG Electronics Inc., the leading global home appliance maker, is considering expanding its subscription service into new overseas markets, such as India, the world’s most populous country, to ...
Kakao Entertainment Corp. has been divesting unprofitable music labels and digital content platforms, which it has gobbled up over the past few years as their deteriorating performance dragged on its ...
Korea Zinc Inc.'s face-off with an MBK Partners-led consortium over control of the world’s largest zinc smelter looks set to escalate into a lengthy proxy fight after the two sides failed to secure a ...
South Korean chipmaker SK Hynix Inc., just like its global peers, has largely designed and produced semiconductors in-house, including high-bandwidth memory (HBM), an AI chip, whose demand is growing ...
South Korea’s tech giant Naver Corp. is expected to soon announce a new chief financial officer as its current CFO Kim Nam-sun, credited for the company’s global expansion through mergers and ...