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 South Korean government said on Thursday it has ordered GS Engineering & Construction Corp. (GS E&C) and four smaller builders to halt their operations for new projects between Apr. 1 and Nov. 30 ...

Hanwha Energy Corp., wholly owned by Hanwha Group Chairman Kim Seung-youn’s three sons, has embarked on the process of going public – a move expected to accelerate the group’s transition to its ...

ELLABELL, Georgia – When Hyundai Motor Group Honorary Chairman Chung Mong-koo opened the South Korean automaker’s first US plant in Alabama back in 2005, competing with other global peers in the ...

Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group known as Qcells in overseas markets, has started commercial operations of a solar module plant in ...

The Genesis, Hyundai Motor Co.'s standalone premium brand, will launch its first full-size electric sport utility vehicle, the GV90, late next year to gain further ground in the large luxury EV market ...

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 Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomous navigation systems on its fleet of car carriers in a bold ...

Samsung E&A Co., the construction and engineering unit of South Korea’s top conglomerate Samsung Group, said on Wednesday it has clinched a $955 million deal to build a biorefinery plant in Malaysia.

South Korea's activewear maker Andar posted record quarterly sales of 61.6 billion won ($47 million), moving one step closer to retaking the market leadership from Brand X Corp., which operates the ...

South Korea’s steel industry is expected to take another hit as the European Union plans to tighten restrictions on steel imports by cutting tariff-free quotas and doubling the duty to 50%, following ...

Celltrion Inc., South Korea’s biosimilar-developing leader, is closing in on its first US acquisition, which is expected to enable the company to locally produce nearly all of its flagship biosimilars ...