Hyosung TNC: Shifting from yarn maker to eco-fashion trendsetter

Hyosung TNC Corp., known for decades as a nylon and fiber yarn maker, has launched a clothing brand unveiling garments made of recycled polyester ...

SK, China’s Geely eye investment fund for hydrogen, eco-friendly business

South Korea’s SK Holdings Co. and China’s Geely Auto Group are looking to set up a joint fund designed to invest in hydrogen and other e...

Lotte Chem ready to bid for JSR’s synthetic rubber business

South Korea’s Lotte Chemical Corp. has completed due diligence on the synthetic rubber operation of JSR Corp., put up for sale by the Japanese...

Lotte Rental resumes IPO process; seeks $1.8 bn valuation

South Korea’s leading rental car company Lotte Rental Co. has resumed its initial public offering process, despite having earlier postponed ...

Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business

Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...

Hanwha Solutions to raise $1 bn to boost eco-friendly energy businesses

Hanwha Solutions Corp. is preparing to raise 1.2 trillion won ($1.1 billion) through rights issues to shore up new growth drivers, particularly it...

Global NAND market in game of chicken as Samsung ups ante

Samsung Electronics Co. is upping the ante to extend its leadership in the memory chip sector with a vow to invest heavily in the NAND business next...

Lotte Rental shelves share sale plan as IPO market cools

Lotte Group has indefinitely postponed its plan to list Lotte Rental Co., in the latest sign of a cooldown in the local initial public offering market...

Lotte Group to invest $258 mn in Doosan Solus to boost footing in EV market

Lotte Group will commit 300 billion won ($257.5 million) to Doosan Solus Co., a battery copper foil and OLED materials maker acquired by SkyLake Inves...

Hyundai Card issues green bonds worth $379 mn to finance eco-friendly services

Hyundai Card Co. has issued green bonds worth 450 billion won ($379 million) to fund its green car financing services, the credit card company said on...

Lotte Corp's corporate bond issue raises staggering $665 mn in demand

South Korean conglomerate Lotte Corporation saw overwhelming demand of 790 billion won ($665 million) from institutional investors on the issuing of c...

Lotte Corp to include ESG bonds in $126.5 mn corporate bond offering in September

Lotte Corporation is set to become the first South Korean holding company to issue environmental, social, and governance (ESG) bonds, according to inv...

Hana Fin, Hotel Lotte buy Seattle hotel for $175 mn

Hana Financial Investment Co. Ltd. and Hotel Lotte Co. Ltd. have acquired the hotel portion of a 44-story building in downtown Seattle for $175 millio...

Hana Fin, Lotte Non-life lend $85 mn for US midstream project

Hana Financial Investment Co. Ltd. and Lotte Non-life Insurance Co. Ltd. have lent $85 million in a mezzanine loan on Salt Creek Midstream LLC in Texa...

[Interview] Lotte’s insurance arm eyes US infrastructure, private debts for low-risk alternatives

Lotte Non-Life Insurance Co. Ltd., a unit of South Korea’s retail giant Lotte Group, is looking to US infrastructure and private debt markets in Europ...

KKR’s securitized debt attracts $210 mn from Korea’s Lotte, Hana: report

South Korea’s Hana Asset Management Co. Ltd. will invest $110 million in principal-protected debt issued by Kohlberg Kravis Roberts (KKR) & Co. on...

Lotte Wellfood to collaborate with Topper Guild for Pepero Day promotion

South Korea’s Lotte Wellfood Co. said on Monday it will partner with US YouTuber Topper Guild to promote Pepero Day on Nov. 11,...

KT, Lotte, DL to divest a series of hotels

South Korea's Lotte Group, KT Group, and DL Group plan to sell their domestic hotels....