western

Shipping & Shipbuilding Samsung Heavy eyes $5.5 bn FLNG ship deals as Trump sanctions China

GEOJE, South Gyeongsang – At a huge shipyard operated by Samsung Heavy Industries Co. on Geoje, an island in South Gyeongsang province some 39...

Business & Politics Allies fret over Trump presidency as authoritarian axis challenges US-led order

Donald Trump is returning to the White House as the world is embroiled in two widening regional wars, America’s rivals are coalescing into a new...

Korean food Korean food makers set sights on Europe with vegan, sugar-free offerings

PARIS – South Korean food companies such as Pulmuone Corp., Lotte Wellfood Co., Ottogi Corp. and Maeil Dairies Co. are gearing up for their ex...

Earnings Food giant CJ CheilJedang's profits rise for 3rd straight quarter

South Korean food giant CJ CheilJedang Corp.'s quarterly operating profit increased for the third consecutive quarter, reversing a decline in the th...

Korean chipmakers SK Hynix explores HBM chip collaboration with Kioxia

SK Hynix Inc. is exploring collaboration with Japanese chipmaker Kioxia Holdings Corp. to produce high bandwidth memory (HBM) chips, which have been...

Food & Beverage Daesang launches kimchi paste, spread for US, Europe

South Korea's Daesang Corp. announced on Wednesday that it has launched two new global products, "Do-it-yourself Kimchi Paste" and "Kimchi Spread."T...

Petrochemicals HD Hyundai Oilbank to supply petroleum products to Sunoco

South Korea's HD Hyundai Oilbank said on Tuesday it has extended a contract with US fuel distributor Sunoco LP to supply petroleum products next yea...

Korean chipmakers SK Hynix may block Kioxia-Western Digital merger

South Korean memory chip giant SK Hynix Inc. is rumored to be frowning on the integration of Japan’s Kioxia Holdings Corp. with US-based Weste...

Private equity Central Europe’s fast-growing economy attracts global investors: Abris

More investors choose safer assets in developed regions such as the US and Western Europe today with rate hikes and liquidity tightening. But Poland-b...

Tech, Media & Telecom S.Korean firms' digital transformation more than a step behind Western: Report

A research report has shown that the level of digital transformation among South Korean companies is lagging behind that of European and American co...

Energy Korea Western Power lands nation's first solar power order in Oman

Korea Western Power Co. (KOWEPO) has won its country's first project in solar power generation in Oman.The company on Tuesday announced its successf...

Food & Beverage Kyochon sets sights on Western expansion with Canadian franchise deal

Kyochon F&B, the operator of South Korea's premier fried chicken brand Kyochon Chicken, said on Tuesday that it has secured a master franchise a...

Korean games NCSOFT invests $15 million in blockchain company Mysten Labs

NCSOFT Corp., which announced early this year plans to install non-fungible token (NFT) technology in the global version of its online role-playing ...

Samsung Group Samsung to work with Western Digital on next-gen storage technology 

Samsung Electronics Co. and Western Digital Technologies Inc. announced Wednesday the two parties signed a memorandum of understanding (MOU) to coll...

Korean chipmakers SK Hynix to benefit from Western Digital production disruption

South Korea’s SK Hynix Inc., the world’s second-largest memory chipmaker, is expected to be a key beneficiary from production disruption...

Private equity Korea Post selects Ardian, Hamilton Lane for $100 mn co-investment

Korea Post’s savings arm has selected French private equity firm Ardian SA and US alternative investment manager Hamilton Lane Advisors LLC ...

Carbon neutrality Hanwha, Korea Western Power to test mixed hydrogen combustion

Hanwha General Chemical Co. and Korea Western Power Co. joined hands for the first test in the country to use mixed hydrogen combustion technologies...

Samsung Group Donations from Lee Kun-hee's collection: From national treasures to Western masterpieces

The Samsung Group heirs' announcement that they will donate some 23,000 pieces of art and cultural artifacts collected by the late Chairman Lee Kun-...