News

South Korea’s tech giant Naver Corp. is expected to soon announce a new chief financial officer as its current CFO Kim Nam-sun, credited for the company’s global expansion through mergers and ...
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 ...
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply cells to Mercedes-Benz AG, a German luxury carmaker, in a deal of estimated billions of ...
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 ...
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 ...
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 ...
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 ...
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 ...
South Korea’s biosimilar maker Celltrion Inc. will venture into the contract development and manufacturing organization (CDMO) market, the company said on Monday, citing its founder and Chairman Seo ...
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 ...
South Korea has sharply narrowed the gap in export value with Japan to a record low of $20.2 billion so far this year. But the country’s export outlook for next year is grim as it faces looming ...
South Korea’s credit rating remained unscathed by the political turmoil caused by the short-lived martial law declaration of President Yoon Suk Yeol, said global credit rating agency Fitch Ratings.