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South Korea is making steady progress in key areas of the “fourth industrial revolution,” helping the country maintain its growth going forward, the government said on July 1. There has been a so...
Samsung Heavy Industries, a major South Korean shipbuilder, said on July 1 that it has clinched a $120 million deal to build a special-purpose vessel for a European company. The shipbuilder said ...
British American Tobacco said on June 27 it is betting big on robust exports from its South Korean production facility, bucking its slump in the domestic market. “BAT Korea will explore new expor...
Kumho Asiana Group, a South Korean airline-to-petrochemical conglomerate, said on June 27 it will begin the process to sell its airline unit next month as part of its broad restructuring efforts. ...
South Korean textile and chemical giant Hyosung Group and Saudi Arabian oil company Saudi Aramco signed a memorandum of understanding that includes potential partnership to build a carbon fiber facto...
Hyundai Glovis, a logistics unit of South Korea’s Hyundai Motor Group, on June 20 said it has set up a truck-based freight transport company in the United States. Through its US affiliate Glovis ...
Asiana Airlines said on June 20 it has added a A350 passenger jet to its fleet to better serve on international routes. Its ninth A350 will run on mid- and long-haul routes to cities like Los Ang...
Doosan Bobcat, a construction equipment unit of Doosan Group, said June 20 that it has paid off $150 million worth of loans earlier than scheduled to improve its financial status. The company sai...
CJ Group companies are planning to build two massive cultural facilities themed after Hallyu, or the Korean Wave of popular culture, just northwest of Seoul, company officials said on June 19. CJ...
GS Engineering & Construction said June 19 it has secured a $24 million project to build two solar power plants in Ukraine. The company will build a solar power plant with a capacity of 12.6 mega...
Korean Air said on June 19 it has signed a deal to purchase 30 B787 passenger jets to enhance its fleet, with the delivery set to begin next year. The firm signed a memorandum of understanding wi...
South Korea’s major refiners are likely to see weak earnings for the second quarter as they struggle to improve their margins, industry analysts here said on June 17. The benchmark Singapore comp...
South Korea’s biggest mobile carrier SK Telecom said on June 16 it will develop the sixth-generation network technology with Nokia and Ericsson, as the Korean government seeks to enhance economic tie...
An Incheon court on June 13 issued suspended prison terms to the widow and elder daughter of the late Korean Air Chairman Cho Yang-ho for smuggling luxury goods by making use of the airline’s planes....
SKC, a chemical unit of SK Group, said on June 13 it has decided to acquire KCF Technologies, the world’s top producer of copper foil for lithium-ion batteries, in a bid to diversify its business por...
BlackRock sells some of Coway stake
Dunamu’s Q1 profit likely to exceed market expectations on surging coin trades
Shinhan Asset to shy away from domestic equities with low ESG scores
Concerns rise as more young Koreans dip their toes into crypto market
[Feature] Korea’s aging society faces burden of rising debts, heavy taxes
Korea’s coal power plants to lose profitability before lifetimes end: study
17 Korean startup founders named Forbes‘ young innovators
Kospi hits fresh high on foreign, institutional buying
April 23, 2021
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