Lotte new growth engines

South Korean Hana Financial Group and the US-based global well-known private equity fund (PEF) Bain Capital plan to strengthen their strategic par...

Kia Corp. started mass production of the Syros, a versatile sports utility vehicle (SUV) specifically designed to meet the needs of customers in I...

SAN FRANCISCO -- Lotte Biologics Co., the drug consignment development and production unit of South Korean conglomerate Lotte Group, will seek to wi...

South Korea's automaker KG Mobility Corp. said on Thursday it partnered with the global car aftermarket solutions company Phinia to develop hydrogen...

SAN FRANCISCO – South Korea’s leading biosimilar drug developer Celltrion Inc. seeks to acquire a domestic health food maker as early as...

South Korea's Lotte Duty Free said on Thursday it placed its AI-based robot bartenders in Gimpo International Airport.Lotte Duty Free offers robot...

South Korea’s job growth slowed last year amid a prolonged slump in the country’s construction, manufacturing and retail sectors, boding...

The S&P 500 index just experienced its best two-year streak since the 1997-98 Asian financial crisis, with the hype surrounding artificial intel...

South Korea’s Hanwha Group is set to more than double its employees at Hanwha Philly Shipyard in the US over the next 10 years as the chemic...

Hanmi Semiconductor Co., South Korea’s leading chip packaging equipment manufacturer, held a ground-breaking ceremony for its seventh plant of...

South Korean steelmaker POSCO’s new bond issue for 500 billion won ($343 million) was seven times oversubscribed, which may encourage the comp...

Five electric vehicle models from Hyundai Motor Group, encompassing Kia Corp., were included in the 25 EV models qualifying for US tax credits in 20...

South Korea sharply lowered its economic growth forecast for this year amid the prolonged political turmoil following President Yoon Suk Yeol’...

Fleetune Inc., a South Korean transportation management service (TMS) platform-developing startup, is gearing up for a big leap next year with relen...

South Korea’s new Acting President Choi Sang-mok said on Friday he is confident that the country’s economy is resilient and its national...

Lotte Chemical Corp.'s joint venture with Japan’s Tokuyama Corp. will ramp up specialty chemicals production to accelerate its shift from...

South Korea's HD Hyundai Infracore Co. said on Monday it signed a memorandum of understanding (MOU) with North Jeolla Special Self-Governing Provinc...

SPC Samlip Corp., a subsidiary of South Korea’s food and bakery giant SPC Group, said on Monday that its rice cake franchise Bizeun developed ...

South Korea's Lotte Card said on Monday it will launch loans for affiliates in Vietnam.Lotte Finance Vietnam, the Vietnamese corporation of Lotte Ca...

South Korea’s retail giant E-Land Group has achieved 1 trillion won ($689 million) in Korean sales of the global sports footwear and apparel b...

Kia Corp., South Korea’s second-largest carmaker, will start producing its entry-level electrified model EV2 from its plant in Slovakia next y...

South Korea's LG Energy Solution Ltd. said on Monday it partnered with Qualcomm Technologies to commercialize its new system-on-chip (SoC)-based bat...

South Korea’s foreign authorities said on Friday they will ease foreign exchange regulations to allow more dollars into the domestic financial...

South Korean leading food maker Daesang Corp., the operator of kimchi brand Jongga, said on Thursday it launched San Ho Won with three-Michelin-star...

South Korea’s steel-to-battery materials conglomerate POSCO Group plans to raise up to 1 trillion won ($691 million) in the country’s fi...

South Korea's Doosan Enerbility Co. and Korea Aerospace Industries Ltd. (KAI) said on Tuesday that the two companies signed a memorandum of understa...

Lotte Energy Materials Corp., a leading South Korean battery materials maker, said on Tuesday it will supply advanced copper foil to Doosan Corp.'s&...

Celltrion Inc. is one step closer to commercializing its four new biosimilars in Europe after a committee of the European Medicines Agency (EMA) rec...

South Korea’s leading asset manager Mirae Asset Financial Group has emerged as the world’s 12th-largest exchange-traded fund (ETF) manag...

Affinity Equity Partners aims to develop leading South Korean car rental companies into mobility service providers to create additional profitabilit...