News

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 ...
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 ...
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 ...
In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – LG Energy Solution Ltd. and Samsung SDI Co. – plan to install lithium iron ...
TeraView Ltd., a UK semiconductor inspection device maker, is aiming to list on South Korea’s Kosdaq market in the second half of this year, in what coul ...
Shares of Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., extended their rally Wednesday after surging by the daily limit ...
CJ CheilJedang Corp., South Korea’s largest food and beverage company, said on Wednesday it has scrapped a planned sale of its green bio business, a deal valued at 5 trillion won ($3.5 billion), ...
Samsung Electronics Co., the world’s leading memory chipmaker, is in talks to supply customized sixth-generation high-bandwidth memory, or HBM4, chips to major AI chipmakers, including Nvidia Corp., ...