Lotte buys S.Korea’s top secondhand e-commerce platform

South Korea’s retail giant Lotte is expanding its presence in the e-commerce sector with the acquisition of Joonggonara, the country’s l...

Lotte advances into bio business, to acquire stake in Enzychem

South Korea’s Lotte Group is entering the bio business for the first time in its history by acquiring a significant stake in Enzychem Lifescie...

SK E&S to sell 49% stake in city gas businesses; valued over $900 mn

South Korea-based energy company SK E&S Co. is pushing to liquidate its assets by carrying out a stake sale in its profitable city gas businesse...

SK E&S to sell 49% stake in city gas businesses; valued over $895 mn

South Korea-based energy company SK E&S Co. is pushing to liquidate its assets by carrying out a stake sale in its profitable city gas businesse...

Lotte Chem ready to bid for JSR’s synthetic rubber business

South Korea’s Lotte Chemical Corp. has completed due diligence on the synthetic rubber operation of JSR Corp., put up for sale by the Japanese...

Lotte Rental resumes IPO process; seeks $1.8 bn valuation

South Korea’s leading rental car company Lotte Rental Co. has resumed its initial public offering process, despite having earlier postponed ...

Hyundai Glovis, Ulsan Port Authority to build logistics center in Ho Chi Minh City

South Korea’s Hyundai Glovis Co. and a local port authority will build a logistic center in Vietnam’s Ho Chi Minh City to use it as a di...

Silicon Valley-based PnP sets sights on Korean smart city ventures

Plug and Play (PnP), a Silicon Valley-based startup accelerator, will team up with the city of Seoul to invest in South Korean venture firms with sm...

Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business

Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...

Goldman Sachs joins race for Korea’s beauty store chain

Goldman Sachs Principal Investment Area (PIA) has entered the race for a stake in South Korea’s health and beauty franchise CJ Olive Young, beco...

Lotte Rental shelves share sale plan as IPO market cools

Lotte Group has indefinitely postponed its plan to list Lotte Rental Co., in the latest sign of a cooldown in the local initial public offering market...

Busan, where the city and nature meet

I came to Korea in 2014 from a small country in Africa called Benin. I like to travel so I’ve visited Jeju, Seoul and Busan but this time I deci...

Busan, the city of cruise tourism

Busan is the place for cruise tourism in Korea. Busan Port International Cruise Terminal is always bustling with people going on overseas tours from B...

Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market

Lotte Group will commit 300 billion won ($257.5 million) to Doosan Solus Co., a battery copper foil and OLED materials maker acquired by SkyLake Inves...

Lotte Corp's corporate bond issue raises staggering $665 mn in demand

South Korean conglomerate Lotte Corporation saw overwhelming demand of 790 billion won ($665 million) from institutional investors on the issuing of c...

Lotte Corp to include ESG bonds in $126.5 mn corporate bond offering in September

Lotte Corporation is set to become the first South Korean holding company to issue environmental, social, and governance (ESG) bonds, according to inv...

Hana Fin, Hotel Lotte buy Seattle hotel for $175 mn

Hana Financial Investment Co. Ltd. and Hotel Lotte Co. Ltd. have acquired the hotel portion of a 44-story building in downtown Seattle for $175 millio...

Hana Fin, Lotte Non-life lend $85 mn for US midstream project

Hana Financial Investment Co. Ltd. and Lotte Non-life Insurance Co. Ltd. have lent $85 million in a mezzanine loan on Salt Creek Midstream LLC in Texa...

[Interview] Ares Management picks commercial mortgage, 2nd-tier US cities

Senior commercial real estate debts and select second-tier cities are likely to offer greater investment opportunities to global investors still keen ...

Meritz Real provides $65.6 mn loan on Adidas’ Soho store

Meritz Real Estate Asset Management Co. Ld. has provided a $65.6 million loan secured against Adidas’ flagship store in Soho in New York City, underwr...

Hanwha insurance arms net $75 mn from City of London property sale

Two insurance units of South Korea’s Hanwha Group have earned about £57.4 million ($75 million) in capital gains from its £159.2 million investment in...

Korea Investment seals $266 mn City of London property deal

Korea Investment & Securities Co. Ltd. has acquired a 15-story office building in the City of London for £200.5 million ($266 million), taking adv...

[Interview] Lotte’s insurance arm eyes US infrastructure, private debts for low-risk alternatives

Lotte Non-Life Insurance Co. Ltd., a unit of South Korea’s retail giant Lotte Group, is looking to US infrastructure and private debt markets in Europ...

Meritz Securities drops $500 mn Walmart store acquisition plan after US rate hike

South Korea’s Meritz Securities Co. Ltd. has abandoned plans to acquire about 40 stores of Walmart Stores Inc. in southern states of the U.S. for $500...

KKR’s securitized debt attracts $210 mn from Korea’s Lotte, Hana: report

South Korea’s Hana Asset Management Co. Ltd. will invest $110 million in principal-protected debt issued by Kohlberg Kravis Roberts (KKR) & Co. on...

Naver to challenge Amazon with launch of Smart Store platform in Spain

South Korea’s top online portal operator Naver Corp. is taking its online shopping platform Smart Store to Spain to support small merchants in...

Lotte Wellfood to collaborate with Topper Guild for Pepero Day promotion

South Korea’s Lotte Wellfood Co. said on Monday it will partner with US YouTuber Topper Guild to promote Pepero Day on Nov. 11,...

KT, Lotte, DL to divest a series of hotels

South Korea's Lotte Group, KT Group, and DL Group plan to sell their domestic hotels....