News

Centroid Investment Partners, a South Korean private equity firm, has confirmed plans to divest its controlling stake in US sports equipment manufacturing firm TaylorMade Golf Co., opting for an ...
A pair of leveraged exchange-traded funds tracking only Samsung Electronics Co. will make a debut on the stock exchange in Hong Kong next week, which will be the world’s first ETF holding a single ...
Chung Yong-jin, chairman of South Korea’s retail group Shinsegae Inc., is the only Korean businessperson accompanying US President Donald Trump on his Middle East trip this week, raising expectations ...
Hanwha Systems signs $867 million missile radar deal with Saudi Arabia Hanwha Systems to develop extra-large UUV platform technology HanwhaSystems demonstrates its first unmanned surface vessel (USV) ...
South Korea’s second-largest conglomerate SK Group is seeking to divest SK Signet Inc., four years after acquiring the EV charger manufacturing business, as part of its sweeping portfolio rebalancing ...
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 high of 30% the previous day on news ...
BUSAN – On a sunny May morning in Busan’s Yeongdo shipyard, the clang of steel and the rhythmic pounding of welders was telling the new story of a shipyard once cast adrift. Workers swarmed over the ...
The market for TVs mounted on a rollable stand has emerged as a new battleground between South Korea’s top two TV brands, LG and Samsung, four years after LG Electronics Inc. rolled out the first of ...
Kurly Inc., a pioneer in South Korea’s dawn delivery market, has posted its first-ever quarterly profit, bucking a slowdown in private consumption and intensifying competition in the e-commerce sector ...
Lotte Group, South Korea’s fifth-largest conglomerate by assets, will buy back a stake in Lotte Global Logistics Co. from the latter’s financial investor for about 380 billion won ($269 million) after ...
LG Innotek Co., a leading South Korean electronics parts maker, will jointly develop new vision sensing systems with Boston Dynamics Inc., a major global mobile robot developer, for the latter’s ...
North Asia-focused private equity firm MBK Partners’ second attempt to exit Lotte Card Co., South Korea’s fifth-largest car issuer, is gathering steam as bidders line up for a deal that could reshape ...