News

South Korea and the United States have reached a trade agreement setting the new US tariff rate at 15%, down from the previously announced 25%, with revitalizing the US shipbuilding sector at the ...
South Korea’s top automaker Hyundai Motor Co. said on Friday it has entered into a multi-year strategic partnership with Waymo LLC to jointly develop a Level 4 autonomous vehicle based on Hyundai’s ...
Samsung and SK have strong US investment commitments, while the US market accounts for a mere 7.5% of Korea’s chip exports Samsung and SK Hynix are the world's two largest memory chipmakers Shin-Young ...
Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope with the t ...
LG Electronics Inc. has resumed operations at its home appliance plant in Russia amid prospects of a ceasefire between Russia and Ukraine, signaling a return of South Korea’s companies to the market ...
Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency said on Friday.
Korea Aerospace Industries Ltd. (KAI) on Tuesday signed a $700 million contract to supply 12 FA-50 fighter jets to the Philippines, marking the largest defense supply deal for South Korea this year, ...
South Korea’s Hanjin Group and LS Group are tightening their alliance further against Hoban Group, which is raising its stake in Hanjin.Korean Air Lines ...
Samsung Electronics Co. is stepping up recruitment of seasoned high-bandwidth memory (HBM) specialists in a push to reclaim leadership in the semiconductor industry, betting on a rebound after a weak ...
Yeochun NCC Co. (YNCC), South Korea’s major petrochemical producer, is facing a default risk as its owners disagree over capital injections amid the indu ...
President Lee Jae Myung of South Korea and US President Donald Trump will meet face to face for the first time on Aug. 25 in Washington to discuss a broad agenda that includes regional security, ...
Celltrion Inc., South Korea’s biosimilar-developing leader, is in talks with Eli Lilly and Company to buy the American multinational pharmaceutical behem ...