logistics arm

GS Caltex Corp. Chief Executive Hur Sae-hong said on Monday he expects global oil prices, which remain elevated due to geopolitical tensions, won&rs...

LG Electronics Inc., the world’s top home appliance maker, has ramped up expansion of robot applications in the smart logistics sector with it...

NEW YORK – The chief executive officer of Naver Cloud Park Won-ki said that if South Korean startups using the company’s cloud services ...

SoftBank Group Corp. CEO Masayoshi Son, who also goes by the Korean name Son Jeong-ui, arrived in South Korea on Saturday. When asked about the purp...

IGIS Asia Investment Management Pte., the Singapore-based subsidiary of South Korea’s largest real estate manager IGIS Asset Management, and V...

Shares in South Korea’s semiconductor chip design house Gaonchips Co. extended their rally for a second day on Friday on growing market talk t...

Samsung Electronics Co. Vice Chairman Jay Y. Lee will meet with Japan’s SoftBank Group Chairman Masayoshi Son next month to discuss a deal reg...

Warehouse development projects in South Korea, which boomed amid COVID-19, are facing challenges such as suspension of construction projects and ban...

Energy and infrastructure-focused private equity firm EMP Belstar has launched its second logistics fund targeting cold storage facilities in South ...

LX Pantos, an LX Group affiliate, has acquired a 3.86% stake in Hanjin KAL Corp., the holding company of Hanjin Group.The LX Group is considered a k...

Taizo Son, the youngest brother of SoftBank Chairman Masayoshi Son, is poised to buy the group's South Korean venture capital arm for around 200 bil...

SK Inc. and SK Energy announced they have jointly acquired North Carolina-based energy solution enterprise Atom Power Inc. for $150 million.The thre...

Hyundai Motor Group will redirect the core functions of its Transportation-as-a-Service (TaaS) division and AIRS Company to its recently acquired se...

South Korea’s top noodle maker Nongshim Co. has posted a quarterly operating loss from its domestic business – its first loss in 24 year...

South Korea’s Vestas Investment Management Co. has created a 300 billion won ($231.2 million) blind pool fund for Europe-based logistics cente...

LX Pantos Co., the logistics unit of South Korea’s LX Group, is looking to acquire a controlling stake in local budget carrier Air Premia Co.,...

 South Korea has become the world’s eighth-largest arms exporter, with its exports rising threefold – the fastest pace among the wo...

LG Uplus Corp. announced it will recycle 100% of industrial waste from its plants by 2025.The mobile network arm of LG Corp. published a report titl...

South Korean conglomerates are rushing to nurture their robotics businesses, encouraged by surging demand for robots in the service industry.LG Elec...

Hyundai Mobis Co., a car parts maker within South Korea’s top automaker Hyundai Motor Group, is set to launch an electric vehicle battery rema...

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...

LG CNS unveiled a cloud-based logistics robot subscription service on Tuesday, which could save warehouse operators a significant amount in upfront ...

Despite a number of global market uncertainties, there is value in real assets where rental income grows faster than inflation, Mahdi Mokrane, head ...

South Korea’s Lotte Chemical Corp. has decided to put its entire stake in Pakistan-based LCPL up for sale, which may sell for up to 210 billio...

South Korea’s major logistics firm CJ Logistics Corp. is accelerating business expansion in Southeast Asia. It has started applying a homegrow...

LG CNS announced Thursday it will launch a new business of developing virtual factories and labs as part of its broader digital transformation offer...

KT Cloud is working to raise 1 trillion won ($792 million) by issuing new shares. The cloud arm of telecom juggernaut KT Corp. plans to use the...

South Korea’s Hyundai Glovis Co. set up a logistics joint venture in Thailand to expand its business in Southeast Asia.The logistics unit of S...

Samsung SDS Co., the information technology service unit of Samsung Group, is taking its smart logistics platform, Cello Square, to China to offer l...

Samsung Asset Management Co. is slated to list a blockchain exchange-traded fund on the Hong Kong Exchange (HKEX) in the first half of this year, th...