Daewoo Shipbuilding & Marine Engineering Co. (DSME), South Korea’s cash-deprived second-largest shipbuilder, has rebranded itself Hanwha Ocean Co., bowing out of its nearly 50-year-old Daewoo title to ...

The proposed 1.8 trillion-won ($1.3 billion) merger between Korean Air Lines Co. and Asiana Airlines Inc. will offer a tailwind to South Korea’s low-cost carriers striving to increase long-haul ...

Smilegate, the South Korean developer of the world’s top first-person shooter game Crossfire, on Monday unveiled a teaser for an upcoming role-playing game (RPG) Chaos Zero Nightmare with a target of ...

Retail-focused Shinsegae Group is set to outsource delivery services and logistics management for its e-commerce platforms such as SSG.COM and Gmarket Inc. to CJ Logistics Corp., South Korea’s No. 1 ...

HD Hyundai Co., South Korea’s leading shipbuilding conglomerate, has signed an agreement with Huntington Ingalls Industries (HII), the largest US defense shipbuilder, to jointly design and build the ...

South Korea’s LG Chem Ltd. said on Sunday it will build a lithium phosphate iron (LFP) cathode materials plant in Morocco in partnership with China’s Huayou Group unit Youshan. The materials will be ...

South Korean financial services companies and construction firms are exposed to a combined 200 trillion won ($145 billion) worth of potential risks related to domestic real estate project financing, a ...

EQT Partners AB, the world’s third-largest private equity firm, is poised to buy a controlling stake in South Korean security service provider SK Shieldus Co. for more than 3 trillion won ($2.3 ...

LG Energy Solution Ltd. said on Wednesday that its long-term electric vehicle battery supply agreement with Ford Motor has been terminated following a notice from the US automaker, citing changes in ...

Japanese conglomerate Hitachi is considering selling its domestic home appliance subsidiary as part of the group’s effort to focus on its social infrastructure and digital segment, with South Korea’s ...

South Korea’s LIG Nex1 Co. will lead development of the country’s next-generation missile defense system, beating out longtime rival Hanwha Systems Co. in a key government procurement race. The ...

South Korea will ease regulations and offer incentives to facilitate the restructuring of domestic petrochemical makers battling a global supply glut and overcapacity in China and the Middle East, ...