Shinsegae Central City

The Bank of Korea (BOK) on Thursday cut its benchmark interest rate by a quarter percentage point to 2.5%, citing growing concerns over faltering do...

South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., is in advanced negotiations to acquire t...

Chung Yong-jin, chairman of South Korea’s retail group Shinsegae Inc., is the only Korean businessperson accompanying US President Donald Trum...

A pair of leveraged exchange-traded funds tracking only Samsung Electronics Co. will make a debut on the stock exchange in Hong Kong next week, whic...

Prices of certain used sport utility vehicles in South Korea are defying the broader economic slowdown, with used models like Hyundai Motor Co.'s Pa...

HANGZHOU – The capital of China’s Zhejiang province, Hangzhou, is the southern terminus of the ancient Grand Canal waterway, which origi...

South Korea’s LG Electronics Inc. has broken ground on its third home appliance manufacturing plant in India with a $600 million investment to...

Donald Trump Jr., the eldest son of the US President Donald Trump, is set to visit Seoul next week and meet with Korean business leaders grappling w...

LG CNS Co., the information technology service unit of South Korea’s LG Group, has won its first public-sector smart city contracts in the US,...

Colliers Korea, a unit of global real estate asset management group Colliers, has been chosen as the adviser for the sale of Signature Tower in cent...

Wycombe Abbey, one of the UK’s leading independent boarding schools, has been chosen as the top bidder to establish an international school in...

South Korea’s beauty industry is undergoing a major reshuffle, with new players rising to prominence while established giants face growing com...

Shinsegae Group Chairman Chung Yong-jin has unveiled aggressive growth plans that include opening more E-Mart Inc. hypermarket outlets, defying the ...

The much-anticipated sale of Doosan Tower in Seoul’s central business district (CBD) has attracted bids from three interested parties – ...

South Korea’s Koramco REITs Management & Trust Co. is poised sell a prime office building in Seoul in an estimated 400 billion won ($272 m...

South Korea's SPC Group, the operator of the bakery franchise Paris Baguette said on Thursday it plans to build a plant in the City of Burleson, Joh...

South Korea and the Philippines free trade agreement (FTA) is expected to increase exports to the Philippines, especially cars and parts, which will...

South Korea’s retail conglomerate Shinsegae Group has joined forces with Chinese online shopping giant Alibaba Group Holding Ltd. to better co...

Chung Yong-jin, the chairman of South Korea’s retail giant Shinsegae Group, held talks with US President-elect Donald Trump, becoming Korea's ...

South Korea’s central bank chief said on Wednesday the impact of political turmoil caused by martial law on Asia’s fourth-largest econom...

Hanwha Engineering & Construction Co., an affiliate of South Korea’s Hanwha Group, said on Friday it is set to fully resume a $10.4 billio...

The European Commission (EC), the European Union (EU) antitrust body, approved the merger between Korean Air Lines Co. and Asiana Airlines Inc. on N...

South Korea’s central bank lowered interest rates for a second straight meeting on Thursday in a surprise move and left the door open for anot...

South Korea’s central bank is expected to freeze its policy rate at 3.25% during its last monetary policy meeting of the year to prevent any f...

Lotte Shopping Co. has put one of its core department stores, Lotte Department Store Centum City in Busan, on the market in line with its parent gro...

Korean retail giant Shinsegae Group’s online shopping mall operator SSG.COM has secured Olympus, a special purpose company created by Korean b...

Hyundai Glovis Co., the logistics unit of the world’s third-largest carmaker Hyundai Motor Group, plans to establish a logistics complex in Bu...

It can be daunting to do business in a new city in a distant country. But foreign companies seeking to open businesses in South Korea’s capita...

The Korea Development Institute (KDI), South Korea’s state-run think tank, has slashed its forecasts for the country’s economic growth f...