News

Maybe Happy Ending earned 10 nominations at the 78th Tony Awards "Maybe Happy Ending" swept the Tony Awards on Sunday, taking home six trophies, including for Best Musical, and the first time a Korean ...
The Korean Teachers’ Credit Union (KTCU), a retirement fund operator for South Korean teachers, has picked 10 local private equity firms to run blind pool funds, backed by a total commitment of 700 ...
A DL Chemical plant in Korea Lotte Chemical Corp. and HD Hyundai Co. are in talks to consolidate their naphtha cracking operations in South Korea’s Daesan petrochemical complex – marking the first ...
Philly Shipyard in Philadelphia, Pennsylvania (Courtesy of Hanwha Group) Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to ...
Hyundai Motor Co. will double its hybrid vehicle lineup to 14 models and develop longer-range electric vehicles to overcome a prolonged slowdown or even a chasm in EV demand, said its Chief Executive ...
A bird's-eye view of LG Energy Solution's standalone battery plant in Arizona In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – ...
Le Méridien Seoul in Myeongdong (Courtesy of Le Méridien) KT Corp., one of South Korea’s top three mobile carriers, is on a roll in the hotel business despite its late foray into the hospitality ...
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.
BYD's Atto 3 in a manufacturing line (Courtesy of BYD) China’s electric vehicle giant BYD Co. will debut in the South Korean passenger car market next year with premium models in hopes of becoming the ...
The investment banking head of Morgan Stanley’s Seoul office is stepping down after overseeing a series of landmark deals over more than a decade, according to sources in the investment banking ...
South Korea’s two leading drugmakers, Celltrion Inc. and Samsung Bioepis Co., have achieved a significant milestone in the European biosimilar market, capturing over 50% market share in the six ...
Smart glasses (Courtesy of OpenPR) Samsung Electronics Co. has launched a major push into next-generation microdisplays for augmented reality (AR) glasses as it aims to position itself at the ...