Lotte Insurance sale

The office building deals in Seoul and neighboring Bundang Business District (BBD) reached 3.1 trillion won ($2.5 billion) during the first quarte...

South Korean game developer and publisher Pearl Abyss announced Tuesday the mobile version of its cross-platform MMORPG Black Desert has claimed f...

South Korea’s Lotte Chemical Corp. is advancing into the electric vehicle battery market by forming a $200 million joint venture with US batte...

South Korea’s two largest automakers – Hyundai Motor Co. and Kia Corp. – on Monday posted strong first-quarter earnings, driven by...

Naver Corp., South Korea’s dominant online platform, will focus on cutting costs and reducing new hiring to improve profitability as its disap...

Sales of leisure vehicles in South Korea, primarily sport utility vehicles (SUVs) and minivans, exceeded half of domestic finished car sales in the ...

South Korea’s largest steelmaker POSCO is returning even stronger from the pandemic-caused economic slowdown, with an all-time high revenue an...

HK inno.N is expediting its global expansion with its latest drug K-Cab designed to treat peptic ulcers.The South Korean pharmaceutical company an...

South Korea’s retail giant Lotte Group will cease dawn delivery services for fresh food from this weekend, two years after it jumped into the ...

South Korea’s Shinhan Financial Group is intensifying its online car sales business through partnerships with online platforms. The group&rs...

South Korea’s Hanmi Pharmaceutical Co. generated sales of more than 1 trillion won ($812.3 million) from its own medicines last year on strong...

The sale of troubled sport utility vehicle maker Ssangyong Motor Co. is likely to be a duel between chemicals conglomerate KG Group and SBW Group, a...

E-Mart Inc., South Korea’s retail giant Shinsegae Inc.’s supermarket chain, is slated to participate in IGIS Investment Partner’s ...

KT Corp., a major South Korean telecommunications company, on Thursday unveiled an ambitious goal to become the country’s leading media and co...

Samsung Electronics Co. likely posted record revenue in the first quarter, driven by brisk sales of memory chips and smartphones. Its shares, howeve...

South Korea’s two largest automakers, Hyundai Motor Co. and Kia Corp., ranked fifth in terms of electric vehicle sales, which posted triple-di...

The Philippines’ LCS Group of Companies bought a South Korean special purpose vessel maker as it aims to supply defense products to the Southe...

South Korea’s mid-cap and small-cap shares outperformed large-cap stocks during the first quarter of 2022 as some glitzy initial public offe...

MBK Partners is in the early stages of talks with telecom operator KT Corp. and other potential bidders to sell its majority stake in South Korea's ...

South Korean companies are hesitating to raise funds on surging corporate bond yields. More firms are repaying existing debt and have postponed new ...

Choi Jin-min, founder and chairman of Kiturami Boiler Co., is one of the few living witnesses in South Korea's boiler history. At the age of 21, he ...

NongHyup Life Insurance Co. of South Korea is slated to issue 10-year-maturity subordinated bonds worth 600 billion won ($492.6 million) on March 31...

HD Hyundai, formerly known as Hyundai Heavy Industries Holdings Co., has filed a complaint against the European Commission, the executive body of th...

The planned sale of Ssangyong Motor Co. to Edison Motors Co., a small South Korean electric bus maker, has broken down as Edison failed to make full...

Shares of both Lotte Confectionery and Lotte Food rose more than 5% Thursday on expectations of synergy effects from their upcoming merger. A d...

The wife and two daughters of the late Samsung Group Chairman Lee Kun-hee raised a combined 1.37 trillion won ($1.1 billion) in block sale of Samsun...

Lotte Group will merge its confectionery and foodstuff businesses, South Korea's fourth-largest conglomerate announced Wednesday.Lotte Confectionery...

South Korea's key insurers are rushing to increase their equity capital ahead of two new solvency regulations set to take effect from Jan. 1, 2023. ...

South Korean entertainment stocks rallied as K-pop stars such as BTS and Twice return to the stage amid global economic reopening with growing hopes...

North Asia-focused MBK Partners has closed a $1.18 billion deal to sell its 12.5% stake to New York-based Dyal Capital at an equity valuation of nea...