Money’s a hit for BTS in S Korean IPO frenzy

It may not have started out about the money, but the seven members of BTS, South…

KIA gears up for EV growth

Kia this week laid bare its ambition to become 'a leading EV brand' and expects 25%…

SE Asian and Chinese manufacturers perk up

Chinese manufacturers and theirJapanese and South Korean counterparts continued their recovery from the fallout of the…

Naver moves servers from Hong Kong to Singapore

South Korea’s internet giant Naver Corp this week became the first major ICT company to formerly…

South Korea and Uzbekistan sign $9bn investment package

As Uzbekistan and South Korea mark the 25th anniversary of official diplomatic ties between the two…

Korean consortium on track to win Canakkale Bridge contract

Turkey looks set to celebrate the 101st anniversary of the Canakkale War – better known to…

South Korea agrees to build $350m terminal for Tashkent airport

Tashkent airport: The South Korean government yesterday agreed to invest $250m in the construction of a new terminal…

SK Networks strikes $1bn deal with Iran’s SAIPA

South Korea’s SK Networks has agreed to procure auto parts and car production materials worth up…

South Korean investors announce plans to buy into Uzbek banking sector

Uzbek banking sector: Investors from South Korea are planning to buy 15% stakes in two Uzbek banks…

Asian budget carriers join forces to set up Value Alliance

Value Alliance: Eight of Asia’s struggling budget carriers – including Singapore Airlines Ltd.’s Scoot subsidiary and Thailand’s…

South Korea’s LG subsidiary to build electric cars in Iran

A subsidiary of  South Korea’s  LG Corporation  has announced it is going to  manufacture electric cars…

Russian ferry operator to launch Vladivostok-Shanghai ferry service

Vladivostok-Shanghai ferry service:The Baltic Sea ferry operator – Russia’s largest – is to launch a new cruise service that will run…

World Bank and AIIB sign first co-financing agreement

Jim Yong Kim and Jin Liqun, respectively presidents of the World Bank and AIIB, have signed their…

First train completes Dalian-Kaluga run on New Silk Road route

Dalian-Kaluga: The first freight train to make the journey along the latest New Silk Road intermodal…

BRICS losing their shine with emergence of tech-heavy TICKs

Emerging market fund managers have come across a new acronym to excite them now that  the deepening recessions…

China-South Korea FTA to kick in before Christmas

China-South Korea FTA: After three years of negotiations, the free trade agreement between South Korea and China…

K-Water and Rushydro to build Vladivostok hydro plant

Vladivostok hydro plant: The South Korean company  K-Water is to help Russia’s RusHydro build a hydroelectric plant and…

India and Korea in $10bn Iranian energy park consortium

Iranian energy park: A consortium of Iranian, Indian and South Korean companies are looking  to set up…

Korean Exim bank set to dominate Eastern Economic Forum

Around $70bn worth of contracts and MoUs covering 200 projects – many involving South Korea –…

South Korea signs up to $4.5bn Uzbek petrochemicals project

Uzbek petrochemicals: South Korean President Park Geun-hye and her Uzbek counterpart Islam Karimov have signed an…

Hyundai consortium close to $3.89bn Turkmen gas processing plant deal

Hyundai consortium: Having won a $940m contract to upgrade an oil refining facility 500 km north of the…

Lotte Group pledges $1bn investment in Russian retail and hotel sectors

Lotte Group, the South Korean multinational food and shopping corporation, this week pledged to invest up to $1bn…

Hyundai Engineering and Lukoil to build Kandym gas processing plant

A consortium led by Hyundai Engineering is joining forces with Lukoil to build and supply the equipment…

Xinjiang Zhundong in talks to buy Kazakhstan’s Galaz onshore field

China’s Xinjiang Zhundong Petroleum Technology is reported to be on the verge of acquiring Galaz & Co LLP,…