Investors rushed to dump Hanwha Ocean Co. shares early Tuesday after its second-largest shareholder, Korea Development Bank, cashed in on a 4.2% stake in South Korea’s No. 3 shipbuilder in a ...

South Korea’s benchmark Kospi index has surged past 3,800 points, cementing its position as the world’s best-performing major stock market this year amid an investor frenzy over semiconductor stocks.

Samsung Chairman Jay Y. Lee is now tasked with rebuilding Korea’s most valuable company after the 'lost decade' Samsung Group Chairman Jay Y. Lee gives a speech during a visit by US President Joe ...

South Korea's state pension fund, the National Pension Service (NPS), has shortlisted four asset managers, including Mirae Asset Global Investments Co. and Koramco REITs Management & Trust Co., to run ...

South Korea’s top automaker Hyundai Motor Group on Monday unveiled detailed plans for its 4.6 trillion won ($3.4 billion) new headquarters, or the Hyundai Global Business Complex (GBC), set for ...

SK Group is set to offload the waste management and water treatment arms of its construction affiliate, SK Ecoplant Co., to US private equity firm KKR & Co. Inc. as the South Korean conglomerate moves ...

Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, have agreed to strengthen collaboration with OpenAI Inc., positioning themselves at the center of a $500 billion ...

Samsung Electro-Mechanics Co. is in talks to finalize an AI server component supply deal worth about 500 billion won ($340 million) with a major US technology company, and is set to sign a joint ...

SK Inc., the holding company of SK Group, is in talks with Hahn & Co., a South Korean buyout firm, to sell SK Siltron Co., the country’s sole silicon wafer manufacturer, for around 3 trillion won ($2 ...

The electric vehicle market is rebounding after a slowdown since 2023, with sales surging across Europe, China and South Korea last month, while the US used-EV market posted its strongest growth in ...

DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi Insurance Corporation (BSH), which holds the 9th ...

South Korea’s LG Energy Solution Ltd. plans to acquire General Motors Co.’s stake in their battery joint venture plant in Lansing, Michigan, amid the EV uptake slowdown and Donald Trump’s return to ...