Lotte Chairman Shin Dongbin

Lotte Group will replace the head of its construction unit, hit by a liquidity crisis stemming from project financing, to ease investor concerns ove...

South Korea’s Lotte Chemical Corp. is poised to decide to raise more than 1 trillion won ($745.4 million) of capital at its board meeting this...

South Korean companies are at risk of credit rating downgrades as the fallout of a debt default by the domestic developer of a Legoland theme park r...

South Korea's Lotte Mart and Lotte Super will break away from the formats of hyper- and supermarkets and jointly raise the competitiveness of grocer...

Lotte Group is set to inject a total of $651 million through its chemical units to save a construction affiliate from the fallout of a debt default ...

Lotte Chemical on Tuesday announced that it suffered 423.9 billion won ($308 million) in operating loss on a consolidated basis in the third quarter...

Indonesia was the destination for Lotte Group Chairman Shin Dong-bin’s first overseas business trip in August, after being granted a special p...

Lotte Shopping Co. will join forces with the Hertfordshire, England-based Ocado Group, which licenses grocery fulfillment technology to retailers.&n...

HD Hyundai Co., the holding company of South Korea’s Hyundai Heavy Industries Group, saw its two construction equipment affiliates post strong...

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 petrochemical firm Lotte Chemical Corp., which signed a 2.7 trillion won ($1.9 billion) deal to acquire the world’s fourth...

Ottogi Co. is emerging as a formidable rival to Nongshim Co. in South Korea's instant noodle market, becoming the most popular ramen for the fifth w...

South Korea’s Lotte Chemical Corp. is set to acquire major domestic battery material maker Iljin Materials Co. at some 2.7 trillion won ($1.9 ...

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

NEW YORK – Lotte Home Shopping Inc. displayed Bellygom at Manhattan’s Pier 17 on Wednesday, on the sidelines of the Korea Brand Expo in ...

Lotte Home Shopping Inc. announced Thursday the company will showcase Bellygom at a New York City exhibit next week, as part of a broader plan to gr...

South Korea's Lotte Card Co. has drawn preliminary bids from Hana Financial Group, a leading banking group in the country, and two to three unidenti...

Michael ByungJu Kim, founder and chairman of MBK Partners, has pledged $10 million to the Metropolitan Museum of Art in New York (the Met), the muse...

Delta Air Lines Inc., a friendly shareholder of Hanjin KAL Co., has bought an additional 1.7% stake in the company, which operates Korea’s lar...

Lotte Group, South Korea’s fifth-largest conglomerate, is set to invest $900 million in Vietnam to establish a smart city as it aims to accele...

South Korea’s National Pension Service (NPS) is set for its new Chairman Kim Tae-hyun, a former CEO of state-run Korea Deposit Insurance Corp....

South Korea’s Shinhan Card Co. launched its first credit card in Vietnam to expand its business portfolios into overseas markets as the sector...

Lotte Corp. announced on Monday that it will donate 14 billion won ($10.4 million) to the prestigious Korea Advanced Institute of Science and Techno...

Iljin Materials Co.’s sale process has reached a deadlock as its Chief Executive Heo Jae-Myeong is holding to its price to sell a controlling ...

Lotte Group, South Korea’s fifth-largest conglomerate, is set to boost the global sales channels of some 200 Korean small and medium-sized ent...

South Korea’s major petrochemical producer Lotte Chemical Corp. faced an earnings shock in the second quarter of 2022, hard hit by the perform...

South Korea’s largest auto parts maker Hyundai Mobis Co. is poised to spin off two of its major units that make car parts and modules into sep...

South Korea’s Hyundai Motor Group will set up an artificial intelligence research center in the Boston area to develop AI-driven robotics tech...

Korea Zinc Co., the world’s largest lead and zinc smelter, plans to spend 9.74 trillion won ($7.5 billion) in renewable energy, green hydrogen...

South Korea’s Lotte Chilsung Beverage Co. is set to start the vegan business along with local startups as veganism, or the practice of abstain...