GS Engineering & Construction Corp. (GS E&C) said on Friday it has agreed to sell its Spanish water treatment arm GS Inima Environment SA for $1.2 billion as part of a portfolio realignment to focus ...

K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market this month after a strong turnaround. The deal, estimated at 500 billion won ...

South Korean instant noodle giant Nongshim Co. is looking to build its third manufacturing plant in the US as the company is seeing sales of its products, incl ...

Nongshim Co. and Samyang Foods Co., South Korea’s two largest ramen makers, are ramping up production to create and meet demand for their spicy instant noodles in new markets such as Latin America, ...

Woori Financial Group Chief Executive and Chairman Yim Jong-yong should keep his post through to the end of his term and lead the banking group’s efforts to improve its corporate governance and risk ...

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 revitalizing the US shipbuilding sector at the ...

The biopharmaceutical development unit under South Korea’s Samsung Group unveiled at the 61st ERA Congress held in Stockholm between May 23 and 26 that its PNH treatment Epysqli commands the large ...

South Korea’s HS Hyosung Advanced Materials Corp. is seeking to sell its tire steel cord business to secure funds for its new growth ventures such as electric vehicle materials, hydrogen and ...

Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to transform the facility into a mid-to-large-sized shipbuilder and be the ...

US private equity firm Blackstone Inc. is pursuing the acquisition of Juno Hair, South Korea’s largest premium hair salon chain, in a deal that values Ju ...

Samsung Electronics Co. has brought a former Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) executive on board to lead its North American foundry operations, ramping up efforts to bolster its ...

The Bank of Korea (BOK) on Thursday cut its benchmark interest rate by a quarter percentage point to 2.5%, citing growing concerns over faltering domestic demand and rising external headwinds. The ...