DL Group D Tower sale

South Korea’s Meritz Financial Group Inc. is poised to sell off its subsidiary Meritz Asset Management Co., The Korea Economic Daily understoo...

Hyundai Motor Group on Monday released the results of its research project for smart cities in an online exhibition.In collaboration with the firm H...

South Korean conglomerates are canceling promotional events through to the end of the year, following the tragic deaths of more than 150 people in t...

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, reported a higher operating margin than that of the global leader C...

Samsung Electronics Co.'s leader Jay Y. Lee was promoted as the company's chairman on Oct. 27.Samsung Electronics' board of directors approved the a...

South Korea’s CJ Group carried out a CEO and executive reshuffle on Oct. 24 around two months earlier than previous year-end promotions to imp...

US private equity giant The Carlyle Group and South Korean energy-to-retail conglomerate GS Group will acquire Medit Corp., the world’s third-...

POSCO Chemical Co., a unit of South Korea’s steel giant POSCO Holdings Inc., on Monday posted record revenue and operating profit in the third...

When Hotel Shilla Co. CEO and Samsung Group heiress Lee Boo-jin said in a shareholders’ meeting in March that the Korean hotel company will br...

Goldman Sachs Group Inc. is set to hire Lee Seung-june, managing director at US investment firm TPG's Seoul office, as Goldman Sachs' private equity...

Hyundai Motor Co., South Korea’s top automaker, will increase production of hybrid models by some 15% next year to focus on the popular segmen...

CAMBRIDGE, MA – The COVID-19 coronavirus disease has been a curse for many people and companies around the world over the past couple of years...

Startups making lab-cultured seafood, smart pillows and others showcased their innovative products at an exhibition hosted by LG Group, South Korea&...

South Korea’s Hansol Group and the Korea Advanced Institute of Science and Technology (KAIST) have agreed to establish a research center to de...

South Korea’s chemicals-to-defense conglomerate Hanwha Group needs to look ahead and prepare for the next century, its Chairman and CEO Kim Se...

US private equity giants The Carlyle Group and Kohlberg Kravis Roberts & Co. (KKR) may have to give up on their acquisition plans of Medit Corp....

Samsung Electronics Co., the world’s top memory chipmaker, missed third-quarter earnings estimates on the weak semiconductor business and its ...

South Korea’s telecom giant KT Corp. is rebranding its IPTV service Olleh TV as Genie TV as part of its efforts to transform into a media port...

Deep learning-based Software as a Service (SaaS) provider Z.Ai Inc. won the September pitch competition hosted by Seoul-based startup accelerator D....

SoftBank Group Corp. CEO Masayoshi Son, who also goes by the Korean name Son Jeong-ui, arrived in South Korea on Saturday. When asked about the purp...

Samsung Electronics Co., the world’s largest memory chipmaker, has slashed its outlook for second-half semiconductor sales revenue by a third ...

South Korea’s three largest companies by market cap -- Samsung Electronics Co, LG Energy Solution Co. and SK Hynix Inc. -- were heavily short ...

South Korean conglomerates are increasingly looking overseas as bases of their artificial intelligence research centers to build strong networks wit...

Celltrion Inc. secured Japan’s approval for sales of its cancer treatment biosimilar CT-P16, a move to help the South Korean biopharmaceutical...

London-based global alcoholic beverage company Diageo plc announced Tuesday it plans to revoke the domestic management rights of the Windsor whisky ...

Hanwha Group’s agreement to buy a controlling stake in Daewoo Shipbuilding & Marine Engineering (DSME) Co. for 2 trillion won ($1.4 billio...

DL Chemical Co., the petrochemical arm of South Korean conglomerate DL Group, is forecast to post robust third-quarter results despite sluggish sa...

South Korea’s credit card company Lotte Card Co. is slated to sell its subsidiary Loca Mobility Corp., the second-largest public transportatio...

South Korean fashion business operator SBW Group is joining the race to acquire global leading textile firm The Lycra Company, investment banking so...

SK Group Chairman Chey Tae-won says that survival now takes top priority over profits and management efficiency as escalating tensions between the U...