central unit

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...

South Korea’s biopharmaceutical maker Celltrion Inc. on Friday reported strong quarterly earnings thanks to healthy demand for its biosimilar ...

SK Discovery Co., an intermediate holding company of South Korea’s third-largest conglomerate SK Group, will take charge of the entire biotech...

Zigbang, a South Korean proptech startup that provides real estate search and transaction services, has completed the acquisition of Samsung SDS Co....

Korea Aerospace Industries Ltd., South Korea’s sole military aircraft manufacturer, is seeking to sell 1,000 units of the FA-50 light combat a...

Kolon Global Corp., an affiliate of South Korean conglomerate Kolon, will spin off its car import business unit to improve management efficiency and...

Cosmax Inc., a major South Korean original design manufacturer (ODM) for L'Oréal and other global cosmetics giants, plans to shut its loss-ma...

South Korea’s second-largest conglomerate SK Group will be buying a landmark office building in a central business district of Seoul for aroun...

South Korea’s major shipbuilders are competing to lead the global wind farm industry, an emerging game-changer in the renewable energy sector,...

South Korea’s Hyundai Motor Group will establish an investment company in the US state of Delaware to expand its presence in the North America...

South Korea’s leading shipping companies are being used as funding sources for their parent groups’ business expansion or making up for ...

South Korea's top waste management company SK Ecoplant Co., a unit of conglomerate SK Inc., is slated to complete talks to invest 130 billion won ($...

Vertex Venture Holdings, a venture capital unit of Singapore state investor Temasek Holdings, expects the recent global downturn to offer investment...

South Korea’s POSCO International Co. plans to more than treble the natural gas production from the two gas fields of its newly-acquired Austr...

SK Gas Ltd., South Korea’s leading liquefied petroleum gas (LPG) supplier, is poised to sell its stake in an operator of the Eurasia Tunnel in...

South Korea’s central bank may raise interest rates more than usual to rein in inflation in Asia’s fourth-largest economy after the US F...

Rhee Chang-yong has made a big splash in less than two months as the Bank of Korea governor and I’m not the least bit surprised. Over the l...

McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heating up the mergers an...

Lotte Duty Free, South Korea’s largest duty-free business operator, is closing one of its flagship stores in Seoul in the wake of the COVID-19...

South Korea’s top chemicals company LG Chem Ltd. and the world’s largest zinc and lead smelter Korea Zinc Co. have agreed to launch a ba...

South Korea’s major farm machinery maker is set to invest $20 million in manufacturing facilities in the US state of Georgia, to expand its bu...

ULSAN, South Korea -- S-Oil Corp., Saudi Aramco’s refining unit in South Korea, has shut some of its production facilities in a move that will...

GS Group, a South Korean energy-to-retail conglomerate, has an unlisted affiliate that the group largely keeps out of the public eye but is occasion...

South Korea’s Kakao Entertainment Co. is set to merge Tapas Media Inc. and Radish Fiction Inc., its webtoon and mobile novel platforms in Nort...

South Korea’s central bank chief said he will consider big-step interest rate hikes in the coming months to curb inflation in Asia’s fou...

South Korea’s e-commerce giant Coupang Inc. reported the smallest quarterly loss on strong product commerce business, raising hopes for a turn...

Samsung SDS Co., the information technology service unit of Samsung Group, is taking its smart logistics platform, Cello Square, to China to offer l...

LG Group’s telecommunication unit joined the race for South Korea’s urban air mobility (UAM) to secure a future growth engine in coopera...

South Korea’s NH-Amundi Asset Management Co. said on Monday that it completed selling Yuanta Securities Co.’s Korean headquarters to C...

Hyundai Heavy Industries Co., a South Korean shipbuilding giant, is seeing its marine engine business unit emerge as the company’s cash cow.Th...