Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking for future growth engines in other countries amid the ...
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 ...
Doosan Group has moved a step closer to acquiring SK Siltron Co., the world’s third-largest semiconductor wafer maker, after the engineering-to-machinery conglomerate was named the preferred bidder on ...
U.S. sandwich franchise Jimmy John's will open a store in Gangnam, Seoul, in October, the company announced on Thursday. This will be Jimmy John's first store in South Korea and its first in Asia.
Lee Jee-ho, the eldest son of Lee Jae-yong, chairman of South Korea’s largest conglomerate Samsung, is set to begin military service as a naval officer later this month, in a move hailed in Seoul as a ...
WASHINGTON, D.C. – LS Cable & System Ltd., South Korea’s leading wire and cable manufacturer, has broken ground on its first underwater cable manufacturing facility in the US, aiming to strengthen its ...
Asia-focused private equity firm MBK Partners is acquiring Medit Corp., the world’s third-largest 3D dental scanner maker, for 2.45 trillion won ($2 billion). MBK on Thursday signed a share purchase ...
Hyundai Rotem Co. has won a 420 billion won ($301 million) order to build autonomous electric trains for Taiwan’s Taichung Metro, adding to a string of multitrillion-won railway orders bagged this ...
BNK Asset Management Co.'s bid to acquire the Hyundai Motor Securities building in central Seoul has hit a stumbling block as the main tenant, Hyundai Motor Securities Co., has exercised its right of ...
If you’ve ever wondered what cutting-edge memory tastes like, SK hynix now has an answer — honey-banana. The chipmaker has teamed up with convenience-store chain 7-Eleven to turn its famed ...
A consortium of IMM Private Equity and IMM Investment Corp. is set to sell Hyundai LNG Shipping Co., South Korea’s largest liquefied natural gas (LNG) tanker operator, to Indonesia’s Sinar Mas Group, ...