The Chinese government has warned South Korean companies of retributions for exporting any product containing its critical metals to US military contractors, a move expected to take a toll on the ...

Shares of Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., extended their rally Wednesday after surging by the daily limit high of 30% the previous day on news ...

Kia Corp., South Korea’s second-largest automaker, extended its double-digit profit margin streak to a 10th consecutive quarter, posting record quarterly revenue in the first three months of the year.

Smartglasses (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 forefront ...

Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savings Bank, the largest savings bank in South Korea, ...

Rznomics Inc., a South Korean RNA therapeutics developer, has signed an agreement worth more than $1.3 billion with US pharmaceutical giant Eli Lilly & Co. to license out its novel RNA-editing ...

Hanwha Systems signs $867 million missile radar deal with Saudi Arabia Hanwha Systems to develop extra-large UUV platform technology HanwhaSystems demonstrates its first unmanned surface vessel (USV) ...

Orchestra Private Equity has begun the process of divesting the South Korean operations of fast-food chain KFC, which has seen earnings growth since its acquisition in 2023, according to investment ...

MBK Partners, 2 Chinese firms vie for CJ Cheiljedang’s $4 bn bio business CJGroup is a leading South Korean food-to-entertainment conglomerate CJ CheilJedang Corp., South Korea’s largest food and ...

Lotte Group, South Korea’s fifth-largest conglomerate by assets, will buy back a stake in Lotte Global Logistics Co. from the latter’s financial investor for about 380 billion won ($269 million) after ...

Harman International Industries Inc., wholly owned by Samsung Electronics Co., has acquired Masimo Corp.’s audio business for $350 million, a deal that reinforces Samsung's ambitions in automotive ...

Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has received conditional approval from the country’s top financial regulator to acquire Tongyang Life Insurance Co ...