Lotte International

TOKYO — The monthly rent of a commercial building in Seoul has surpassed that of Tokyo for the first time.The rent for an office building in t...

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...

Korea's POSCO International, the trading arm of POSCO Group, on Friday formally merged with POSCO Energy, which handles liquefied natural gas (LNG) ...

POSCO International Corp., the general trading arm of South Korea’s steel giant POSCO Holdings Inc., said on Tuesday it is entering the hyperl...

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

CHANGWON, South Gyeongsang Province -- General Motors Co. may consider making electric vehicles in South Korea, the country manager said on Wednesda...

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...

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 ...

Mirae Asset Global Investments Co.’s planned purchase of the International Finance Center in Seoul worth 4.1 trillion ($3 billion) from Canada...

South Korea’s POSCO International Co. and its Australian mining partner Hancock Prospecting Pty Ltd. will invest A$300 million ($200 million) ...

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 ...

Global private equity firm Cinven Ltd. has attracted €550 million ($551.3 million) from South Korean institutional investors for its eighth fla...

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...

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...

As South Korea is serious about hosting the World Expo 2030, the country’s top business leaders will be given new roles: Leading the governmen...

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 ...

A decade-long dispute between South Korea and the US private equity firm Lone Star Funds over a Korean deal will be wrapped up next week, with an in...

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

Hyundai Motor Co. is highly likely to suffer a further production delay for its all-electric crossover IONIQ 5 after South Korean industry sources s...