News

South Korea and the United States have reached a trade agreement setting the new US tariff rate at 15%, down from the previously announced 25%, with revitalizi ...
The drop amount, or gaming chip purchases, at South Korea’s major foreigner-only casino venues spiked to a record high of 3.42 trillion won ($2.5 billion ...
Kwangcheonkim Co., South Korea’s largest seaweed producer with a history spanning over 50 years, is up for grabs in a deal that could fetch up to 400 billion won ($294.7 million), amid soaring global ...
IMM Private Equity and five other South Korean private equity firms are set to invest a total of 800 billion won ($600 million) in Goodai Global Inc., a Korean beauty startup raising capital to ...
Hanwha Solutions announced on Thursday that it is expanding its business in high-voltage cable materials by introducing domestically developed cross-linked polyethylene (XLPE) for 400-kilovolt (kV) ...
Global private equity giant KKR & Co. Inc. is in advanced talks to acquire the waste management arm of SK Ecoplant Co., a South Korean construction engineering and waste management company under SK ...
With the US-EU tariff deal sealed, South Korea is ramping up a last-ditch push to strike its own agreement before the US-set Aug. 1 deadline, playing high-stakes cards, including shipbuilding ...
The South Korean economy returned to firmer footing in the second quarter, expanding 0.6% from the previous three months, as a recovery in exports and domestic consumption helped offset weak ...
Samsung Electronics Co. has appointed TM Roh, president and head of its mobile eXperience (MX) business, as the new chief of its device eXperience (DX) division, filling a leadership vacuum left by ...
LG Energy Solution Ltd. has set up a battery recycling joint venture with Toyota Tsusho Corp. in the US, deepening the South Korean battery giant’s allia ...
South Korean President Lee Jae-myung held back-to-back meetings with the chairmen of Hyundai Motor Group and LG Group this week to discuss global trade conditions and business concerns, according to ...
Samsung Electronics Co., the world’s top memory chipmaker, plans to use its cutting-edge 4-nanometer (nm) foundry process for the mass production of a next-generation high-bandwidth memory (HBM) model ...