Lotte Non-Life Insurance

South Korea's NH Property and Casualty Insurance announced on Wednesday its new comprehensive business cooperation agreement (MOU) with PVI Insuranc...

The first owner of Kia Corp.'s EV9 large electric sports utility vehicle (SUV) is Mr. Choi Jin-hwan, President and CEO of Lotte Rental, South Korea'...

One of US' leading burger brands, In-N-Out, is considering entering the South Korean market. After recently opening a pop-up store in Seoul, the bur...

The ratings of Lotte's subsidiaries have been downgraded en masse. Lotte Chemical Corp., the group's cash cow, was cut to AA from AA+.NICE Investors...

With a smartphone, you can now shop at duty-free shops in Seoul without a passport.Lotte Duty Free announced on Tuesday that it has introduced the i...

DB Insurance Co., a South Korean non-life insurance company, announced on Friday that it has signed an acquisition agreement with the Saigon-Hanoi...

Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, will tap 1 trillion won ($784.4 million) from two of the...

South Korea's Woori Bank revealed on Thursday that its Vietnamese operation, Woori Bank Vietnam, has signed a property insurance business agreement ...

Samsung Electronics Co. is joining the global four-day workweek move, albeit only partially, under its chief Jay Y. Lee’s leadership that emph...

South Korea’s Woori Global Asset Management Co. and ABL Life Insurance Co. have committed a sizeable amount of capital to a first closing of a...

South Korea's KB Financial Group and Japan's Sompo Holdings announced on Friday a memorandum of understanding (MOU) to collaborate on nursing care s...

Samsung Electronics Co. has expanded the concept of Bespoke home appliances from creating customized products to creating "a stylish life" to better...

South Korea's Hyundai Engineering & Construction (Hyundai E&C) has announced plans to create a future residential model, the All Life-care H...

More than 500 South Korean companies from top business groups to AI-based biotech startups are slated to attend the Bio International Convention 202...

South Korea's Hanwha Aerospace Co. on Tuesday said it invested in Forge Nano, an American startup with precision nano-coating technology that exte...

A private fund for US real estate managed by South Korea’s Mirae Asset Global Investments Co. has seen huge losses amid the tumble of the offi...

Lotte Group, a South Korean retail-to-chemical conglomerate, is set to launch a corporate venture capital (CVC) business in Silicon Valley, the glob...

The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for June, the 15th consecutive month of such pessimis...

South Korean banks are seeing loan delinquency rates surge due to the increase in lending during the pandemic and a series of rate hikes. The rates ...

Amid the generative artificial intelligence technology sensation, businesses scramble to get creative in using AI to bolster their sales, and a Sout...

Lotte Chemical Corp. suffered its fourth consecutive operating loss in the first quarter due to a prolonged petrochemical slowdown amid the global e...

South Korea’s third-largest life insurer Kyobo Life Insurance Co. is in the final stages of talks to buy Kakao Pay Insurance Corp., an online ...

South Korean leading luxury hotel and retail operator Hotel Shilla is challenging its crosstown rival Lotte, the dominant player in the country&rsqu...

South Korean department stores are set to launch various programs such as a festival and sales of K-pop star merchandise to attract foreign tourists...

Steel giant POSCO has joined the ranks of South Korea’s top five conglomerates for the first time, supported by strong earnings from its recha...

South Korea's HMM Co. and Lotte Fine Chemical Co. have formed a partnership to transport and supply next-generation environmentally friendly fuel, a...

Samsung Life Insurance, managing 223.1 trillion won ($167.5 billion) in assets, has acquired a 20% stake in Paris-based infrastructure investment fi...

South Korea’s Lotte Biologics Co. said on Friday that it has made an equity investment in Pinotbio, Inc. for the development of antibody-drug ...

Young consumers, dubbed millennials and Gen Zers, are by nature conscious of fleeting fads.These days, one of the hottest trends in South Korea is h...

A "zero-sugar" craze has emerged on the South Korean market for the country's traditional alcoholic drink soju. Lotte Chilsung Beverage said its die...