Shinhan buys HSBC Seoul HQ

The Seoul Metropolitan Government plans to turn an abandoned train maintenance depot in the central district of Yongsan into the world’s large...

SK Networks Co., a South Korean trading company, joined hands with Silicon Valley-based venture capital firm Bow Capital for investment cooperation,...

South Korean food and beverage giant Nongshim Co. announced on Friday that it will open its brand zone in Myeongdong, Seoul with the domestic street...

South Korea's Lotte Department Store announced on Thursday that is has secured the exclusive franchise and distribution rights for Bacha Coffee, M...

Lotte Property & Development Co. (Lotte P&D) announced on Wednesday that the total number of visitors to Lotte World Tower and Mall last yea...

Canadian coffee brand Tim Hortons is opening two more stores in Seoul this month.Tim Hortons announced on Wednesday that it will open its Sungnyemun...

South Korean trading firm LX International Corp. said on Tuesday that it has acquired a 60% stake in Indonesian miner PT Adhi Kartiko Pratama (AKP)&...

South Korea’s snack and confectionery maker Orion Group has agreed to buy a controlling stake in LegoChem Biosciences Inc., a Korean biotech s...

South Korea on Thursday kicked off a push to nearly double the number of foreign tourists visiting the country this year to 20 million by hosting a ...

Hancom Inc., a homegrown office suite developer in South Korea, said on Friday that it has acquired local business-to-business (B2B) digital documen...

Foreign investors turned net buyers of Samsung Electronics Co. in 2023, reversing their selling spree of the stock over past three years, as the sem...

Shinhan Finance, a subsidiary of South Korea's Shinhan Card in Kazakhstan, has attracted a 31 billion won ($24 million) investment from local car de...

South Korea’s financial regulator has slapped a combined 26.52 billion won ($20.4 million) in fines on BNP Paribas SA, its Korean brokerage un...

South Korean aerospace and defense maker Hanwha Systems Co. is set to establish a military system to cope with small unmanned aerial vehicles (UAVs)...

The Hyundai Seoul, South Korea's largest department store in Yoido, on December 21 opened a Louis Vuitton women's store, marking a significant addit...

Thousands of global celebrity infuencers, including Indian TV actress and model Anushka Sen, are set to ring in the New Year at a content festival i...

A 170-square-meter plot of land in Myeong-dong, central Seoul, where South Korean beauty brand Nature Republic’s flagship store is located, ha...

Hyundai Motor Co., South Korea’s top carmaker, has decided to sell its plants in Russia for only about $100 to a local company although it has...

US private equity firm Warburg Pincus LLC said on Tuesday it will establish a joint venture in South Korea via its Asia real estate fund to invest i...

Coupang Inc., South Korea’s leading e-commerce platform, plans to acquire Farfetch Holdings, a London-based online retailer for luxury goods, ...

South Korea’s leading poultry processor Harim Group is set to acquire the country’s No. 1 sea flag carrier HMM Co. for about 6.4 trillio...

Samyang Specialty Solutions LLC, a leading chemical and food products maker in South Korea, has entered into an agreement to wholly acquire Texas-ba...

KKR & Co. Inc. has promoted Keith Kim (Kim Yang-han), managing director at the private equity giant’s Seoul office, to partner.Kim, who ma...

South Korea’s AsungHMP Co. has bought a 34.2% stake in Asungdaiso Corp., which operates the country’s top dollar store chain Daiso, from...

Toho Co. has acquired a 25% stake in Fifth Season for $225 million, a move expected to be a win for not only the money-losing US-based producer-dist...

South Korea plans to set up a supply chain stabilization fund of up to 10 trillion won ($7.6 billion) to effectively cope with sudden supply disrupt...

South Korea's LG Uplus Corp. announced on Monday that it formed a partnership with Toyota Motor Korea to expand electric vehicle (EV) charger infr...

LIG Nex1 Co., a South Korean weapons system developer, has agreed to buy a 60% stake in Ghost Robotics Corp (GRC), a Philadelphia-based robot develo...

Visitors to Seoul, the capital of South Korea, are expected to enjoy faster and easier exploration of the city’s famous Namsan Mountain in 202...

The South Korean government plans to offer financial support to domestic companies when they import urea, a substance used in diesel vehicles and fe...