Korean conglomerates

SK Telecom Co. on Tuesday said it signed a memorandum of understanding (MOU) with Singapore's top telecom provider Singtel Group on joint business o...

The UK's top watchdog for market competition on Monday accepted corrective measures submitted by Korean Air Lines Co. on its proposed takeover of As...

South Korean President Yoon Suk-yeol is set to lead the National Space Council, the country’s top control tower for space development, in a bi...

Hyundai Motor Group, South Korea’s top automaker, and SK On Co., the world’s fifth-largest electric vehicle battery manufacturer, will b...

A groundbreaking ceremony was held Friday for Vietnam's first Korean-style industrial complex, to be built in the country's northern Hung Yen Provin...

The Carlyle Group Inc. announced on Tuesday 32 new partners and 39 new managing directors, effective Jan. 1 of 2023, including two Koreans, Sean (So...

The Korea SMEs and Startup Agency (KOSME) and Incheon International Airport Corp. (IIAC) on Wednesday announced their signing of a contract to bui...

The prestigious Seoul National University was the only university in South Korea to rank among the top 100 universities in terms of producing futu...

Asia’s benchmark refining margin is staging a rebound, providing relief for South Korea’s oil companies, which now expect their full-yea...

State-run Korea Development Bank (KDB) has contacted major conglomerates including Hyundai Motor Group about the sale of its stake in HMM Co., the c...

South Korean food giant CJ CheilJedang Corp. said on Tuesday it is operating a Korean food section within the Qatar World Cup’s fan zone, mana...

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...

Motional, the US-based self-driving joint venture of South Korea's Hyundai Motor Group, said it expects Motional's profit structure to improve by 20...

South Korea's Doosan Fuel Cell on Monday said it has signed an export contract worth 346.9 billion won($255 million) to supply large-scale versions ...

One out of four startups in South Korea is considering moving its business abroad in search of looser regulation. In a survey of 256 startups b...

South Korea’s smartphone market is notoriously hard for foreign mobile phone makers to crack. So hard that some people call it the “grav...

South Korea’s Daol Investment & Securities Co. plans to sell a controlling stake in its Thai subsidiary, Daol Thailand PCL, as part of its...

The state-run Korea Gas Corp. is set to raise some 1 trillion won ($745 million) by issuing hybrid securities to lower its debt ratio although the d...

Several South Korean startups have recently been hit hard by their CEOs’ unethical behavior and business-related misconduct, leading to a lo...

South Korean battery maker SK On has raised its research and development (R&D) capacity in next-generation cells by joining forces with the dome...

South Korean water treatment provider Bukang Tech(BKT) on Wednesday said it earned a contract to build a wastewater treatment facility in the US sta...

"The Astronaut," the first solo album of K-pop megaband BTS member Jin, has sold over 1 million copies in the 16 days since its launch.Released on O...

Six leading economic organizations in South Korea have sent a joint letter to the US government and Congress requesting revision of the US Inflation...

More South Korean exporters suffered massive losses from foreign exchange derivatives on a weaker won, failing to benefit from the unit’s depr...

Hyundai Glovis will enter the Southeast Asian logistics market in partnership with a large Malaysian company. The company, Hyundai Motor Group's log...

Hyundai Mobis Co., the world’s sixth-largest automotive supplier, has developed technology for the first time in the industry to allow drivers...

South Korea’s two largest home appliance makers – Samsung Electronics Co. and LG Electronics Inc. – have swept a record number of ...

Kia Corp., South Korea’s second-largest carmaker, is considering an investment of $754 million, which had been set aside for Russia, in China ...

The US competition authority extended its review of the proposed merger between South Korea’s two largest airlines to check if the deal hurts ...

South Korea's SK Geo Centric, the green chemical subsidiary of SK Innovation, will build Asia's largest advanced recycling (pyrolysis) plant in the ...