Celltrion Inc. confirmed Tuesday it has agreed to acquire Eli Lilly and Company’s plant in Branchburg, NJ, for about 460 billion won ($330 million), securing its first US manufacturing base as a hedge ...
Korea Exchange to cut trading fees for 1st time in 2 decades as Kospi soars past 3500 to record high
The Korea Exchange (KRX) will slash stock trading fees by up to 40% in December, marking the first overhaul of its pricing structure since the bourse operator’s debut in 2005, according to people ...
SK Group, South Korea’s second-largest conglomerate, is seeking to sell up to a 49% stake in an artificial intelligence data center it is building with Amazon Web Services Inc. (AWS) in the country, ...
SK Inc., the holding company of SK Group, is in talks with Hahn & Co., a South Korean buyout firm, to sell SK Siltron Co., the country’s sole silicon wafer manufacturer, for around 3 trillion won ($2 ...
Hanwha Ocean Co., a leading South Korean shipbuilder, said on Monday it has won a 2.33 trillion won ($1.61 billion) order to build six eco-friendly, ultra-large 24,000-TEU LNG dual-fuel container ...
South Korea’s top automaker Hyundai Motor Group on Monday unveiled detailed plans for its 4.6 trillion won ($3.4 billion) new headquarters, or the Hyundai Global Business Complex (GBC), set for ...
South Korea plans to restart six nuclear reactors earlier than scheduled as authorities are gearing up for potential energy shortages triggered by turmoil in the Middle East. President Yoon Suk Yeol ...
SK Group is set to offload the waste management and water treatment arms of its construction affiliate, SK Ecoplant Co., to US private equity firm KKR & Co. Inc. as the South Korean conglomerate moves ...
A researcher in a Samsung Electronics chip cleanroom Samsung Electronics Co. is accelerating construction of a new mega-fab at its Pyeongtaek semiconductor complex by at least six months as South ...
The share price of South Korea’s HYBE Co., the company behind the global sensation BTS, has advanced more than 60% this year, hitting its highest point in more than a year in late June. Despite its ...
Global alternative investment manager Starwood Capital Group is set to establish a presence in the South Korean city of Jeonju, where the National Pension Service (NPS) is located, to seek closer ...
The South Korean government is considering putting a price ceiling on liquefied natural gas (LNG) used for power generation to prevent surging global fuel costs from feeding through to domestic ...
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