South Korea and the United States have reached a trade agreement setting the new US tariff rate at 15%, down from the previously announced 25%, with revitalizing the US shipbuilding sector at the ...

South Korean-owned sportswear brand Fila said on Tuesday it scaled back its loss-making US business to improve earnings through a restructuring in North America. Fila Holdings Corp. said it closed on ...

South Korea's food-oriented Samyang Foods Group said on Monday it rebranded the group and the holding company Samyang Naturals Co.'s name as Samyang Roundsquare. The new name reflects the company's ...

Hyundai Doosan Infracore Co., a construction and machinery subsidiary of HD Hyundai Group, decided to rebrand itself as HD Hyundai Infracore, dropping "Doosan" from its name, just a year and a half ...

The market for TVs mounted on a rollable stand has emerged as a new battleground between South Korea’s top two TV brands, LG and Samsung, four years after LG Electronics Inc. rolled out the first of ...

MBK Partners, a North Asia-focused private equity firm, has completed the second closing of its sixth buyout fund at $5 billion, on course to reach its target of $7 billion at the final close. On ...

South Korea’s SK Telecom Co. has entered the Japanese pet market using its innovative artificial intelligence (AI) under a tie-up with Japan’s largest companion animal insurer to provide AI imaging ...

Global credit rating agency Standard & Poor's (S&P) announced on Friday that it upgraded SK Innovation Co.'s long-term credit rating from a non-investment grade of "BB+" to an investment grade of "BBB ...

HL Group, the construction-to-auto parts conglomerate in South Korea, will acquire the world’s sole outdoor self-driving parking robot-producing company, Stanely Robotics SAS, for about 32 billion won ...

Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, is entering the liquefied natural gas transportation business with its first LNG carrier, the Woodside Scarlet Ibis. The ...

East Asia’s petrochemical industry is entering its largest restructuring in decades, with planned closures of aging naphtha cracking facilities in China, Japan and South Korea expected to remove more ...

The heads of South Korea’s largest conglomerates are heading to the US to support a Seoul-Washington summit, with investors watching closely for any announcements of fresh investment commitments in ...