Samsung Group’s two flagship insurance units are preparing a combined overseas acquisition push worth up to 9 trillion won ($6.6 billion), in a bold effort to secure growth beyond South Korea’s ...

A nuclear power plant in Temelín, Czech Republic (Courtesy of Korea Hydro & Nuclear Power) South Korea's state-run Korea Hydro & Nuclear Power Co. (KHNP) is in talks with Westinghouse ...

Hanwha Systems Co. has joined its sibling, Hanwha Aerospace Co., in increasing its stake in Korea Aerospace Industries Ltd., fueling speculation that Hanwha Group is positioning itself for a larger ...

SK Hynix Inc. is considering building a memory chip plant in Japan as the leading artificial intelligence chipmaker moves to ease a global memory shortage and spread its manufacturing footprint beyond ...

Fidelity Investments, the world’s third-largest asset manager, is facing a hurdle in South Korea, with its domestic fund assets shrinking even as the broader fund market expanded during the first half ...

South Korea’s Big Three shipbuilders have accumulated more than 200 trillion won ($145 billion) in combined orders for the first time in 12 years, marking a striking turnaround for an industry that ...

KCC Glass Corp. is among a small group of bidders competing to acquire Lotte Chemical Corp.'s building materials business, as the South Korean petrochemicals producer presses ahead with asset sales to ...

POSCO Holdings Inc., the parent of South Korea’s top steelmaker POSCO, has signed a strategic partnership with Cleveland-Cliffs Inc., the No. 2 US steel producer, as part of efforts to expand its ...

Competition in South Korea’s coffee market is intensifying with the rise of fast-growing local brands such as Mega Coffee and Compose Coffee, which feature more affordable options than global big ...

The Kospi staged a sharp reversal on Thursday from the previous session as Samsung Electronics Co. and SK Hynix Inc. rallied on shareholder return hopes, and lower US Treasury yields lifted risk ...

SK Ecoplant Co., a South Korean construction engineering and waste management firm under SK Group, is accelerating a plan to set up a major green energy production facility in the Middle East in ...

Hanwha Ocean Co. and Samsung SDI Co. will start evaluating their jointly developed lithium-ion battery system for a submarine with South Korea’s Navy later this year, a move expected to usher in a new ...