South Korean chemicals-to-defense conglomerate Hanwha Group has taken a 9.9% stake in Austal Ltd., an Australian shipbuilder, for 183.3 million Australian dollars ($117 million) to cement its presence ...

LG Energy Solution Ltd. will supply 1 gigawatt-hour of energy storage system (ESS) batteries to a state-owned utility company in Poland in a deal expected to help South Korea’s No. 1 lithium-ion ...

STIC Investments Inc., South Korea’s only listed private equity firm, has become the latest target of shareholder activism as Seoul-based Align Partners Capital Management Inc. joined the US private ...

South Korean food giant CJ CheilJedang Corp.'s quarterly operating profit increased for the third consecutive quarter, reversing a decline in the third quarter of 2023 thanks to sales growth in ...

South Korea has proposed forming a consortium with Japan, Taiwan and Vietnam to jointly assess the feasibility of investing in the $45 billion Alaska LNG project, a move that could reshape regional ...

SK Ecoplant Co., a South Korean construction engineering and waste management company, is seeking to absorb the profit-making subsidiaries of SK Materials Co., an industrial gas business unit within ...

LG Electronics Inc., the leading global home appliance maker, is considering expanding its subscription service into new overseas markets, such as India, the world’s most populous country, to ...

Kakao Entertainment Corp. has been divesting unprofitable music labels and digital content platforms, which it has gobbled up over the past few years as their deteriorating performance dragged on its ...

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 ...

LX Semicon Co., one of South Korea’s leading chip design firms, plans to ask Samsung Electronics Co. to manufacture display driver integrated circuit (DDIC) chips – the latest indication that the two ...

Samsung Engineering Co. will change its name to Samsung E&A Co. upon approval at a shareholders' meeting on March 21. The letter E in the proposed new name stands for “engineers” and also denotes ...