Huneed Technologies Chairman Eugene Kim took office as the 17th chairman of the Korea Defense Industry Association (KDIA), on Thursday. His appointment was made official in a general meeting the same day.
Six to seven companies have shown an interest in acquiring Eastar Jet after a local court approved the corporate rehabilitation process for the budget carrier this month, the company's chief executive officer said Thursday.
Samsung Heavy Industries said Thursday it has clinched a 459 billion-won ($415 million) deal to build four liquefied natural gas (LNG) fueled oil tankers.
Korea's antitrust regulator said Thursday that the value of corporate mergers and acquisitions declined 53.1 percent on-year last year due largely to a lack of big deals.
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Korea's popular art museum D Museum will greet the new year by relocating to Seongsu-dong, eastern Seoul, near the Seoul Forest from Hannam-dong in central Seoul, the museum announced on Tuesday. The new location for the museum will be ...
Domestic streaming service provider Watcha raised 36 billion won ($33 million) in Series D funding from local investors.
Korea Shipbuilding & Offshore Engineering said Monday that it has signed a 400-billion-won ($367 million) deal to build four crude carriers with a European company.
The incoming U.S. presidential administration of Joe Biden will include China hardliners, but there will also be voices for cooperation, and Korea should encourage the United States to avoid stoking a new Cold War, said Jeffrey...
Samsung Electronics said Monday its research and development (R&D) spending for the first nine months of the year hit a record high of 15.89 trillion won ($14.3 billion) amid the coronavirus pandemic.