News

Korea Hydro & Nuclear Power Co. (KHNP) on Thursday inked a final agreement with Romania’s Societatea Nationala Nuclearelectrica (SNN) to refurbish a nuclear reactor, marking South Korea’s foray into ...
Hanwha Asset Management Co., a financial service sibling of South Korea’s major defense and aerospace developer Hanwha Aerospace Co., is seeking to list a Korean defense stocks-tracking ...
SK Group, the second-largest conglomerate in South Korea, is considering selling global leading specialty gas producer SK Specialty Co. for around 4 trillion won ($3 billion) to accelerate the group’s ...
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., is in advanced negotiations to acquire two mobile payment units of retail giant Shinsegae ...
Asiana Airlines Inc., one of South Korea’s only two full-service carriers, has passed into history after 36 years of operation to be placed under its bigger crosstown rival Korean Air Lines Co. as a ...
IFM Investors, a global investment manager owned by Australian pension funds, is looking to infrastructure as the fastest-growing asset segment for investment in the era of decarbonization and new ...
South Korean corrugated cardboard sheet makers such as Asia Paper Manufacturing Co. have decided to file an anti-dumping complaint against Japanese rivals Daio Paper Corp. and Oji Paper Co. in the ...
Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 trillion won ($1.6 billion) from 3.6 trillion won, with ...
LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global financial market due to concerns over US ...
Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a prolonged slowdown or even a chasm in EV demand, said its Chief Executive ...
Samsung Electronics Co., the world’s top smart TV maker, plans to offer seven years of a free upgrade to its open-source smart TV operating system Tizen for its AI-powered TVs as the company strives ...
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has likely incurred some $500 million in missed gains due to its currency ...