South Korea’s defense industry is once again capturing investor attention, as exports of tanks, armored vehicles and other weapons systems soar, fueling a dramatic rally in shares of the country’s top ...

South Korea has proposed forming a consortium with Japan, Taiwan and Vietnam to jointly assess the feasibility of investing in the $45 billion Alaska LNG project, a move that could reshape regional ...

Donald Trump Jr., the eldest son of US President Donald Trump, spent his one-and-a-half-day visit to South Korea in back-to-back private meetings with top Korean business leaders. These meetings ...

Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell a combined 7.39 million units around the globe this year with greater focus on premium cars and new growth engines. Their delivery ...

Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturing sector, the Ministry of Trade, Industry and Energy said on Tuesday.

SK Hynix Inc. has snatched the crown from Samsung Electronics Co. to become the world’s largest memory chip supplier for the first time since its inception, thanks to its unrivaled leadership in the ...

Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to transform the facility into a mid-to-large-sized shipbuilder and be the ...

Hyundai Motor Group has created a future business strategy division that serves as a control tower for the automotive group’s expansion into new areas through mergers and acquisitions and startup ...

With stagnating electric vehicle sales or an EV chasm set to be prolonged, battery makers are increasingly turning their sights toward next-generation cylindrical batteries with the 4680 form factor.

Bain Capital LP has offloaded a 6% stake in South Korean medical aesthetics company Classys Inc. through a block trade, raising 228 billion won ($163 million) as the US private investment firm scaled ...

South Korea’s Naver Corp. has been preparing for years to take its artificial intelligence-based services to the next level. The tech giant now says it’s time for takeoff. Naver, the operator of Korea ...