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Korean Air Lines Co. has raised 3.32 trillion won ($2.9 billion) from a new share sale as planned in the the largest-ever rights offering by a domes...

Korean Air Lines Co. has kicked off its 3.3 trillion won ($3 billion) rights offering, the biggest amount ever by any South Korean company, to help ...

Korean Air Lines Co. (KAL) posted a positive earnings surprise in 2020, reporting an operating profit of 238.3 billion won ($212 million) amid a dra...

A British urban air mobility project, in which South Korea’s Hyundai Motor Co. is a technology partner, has been chosen as the winner of the U...

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...

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

The proposed union between South Korea’s two leading airlines is nearing the finish line as Korean Air Lines Co. begins due diligence on Asi...

Korean Air Lines Co. will proceed with its planned $1.6 billion acquisition of Asiana Airlines Inc. after winning approval from a majority of its sh...

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

The National Pension Service, the No. 2 shareholder of Korean Air Lines Co., will vote against the flag carrier’s plan to acquire Asiana Airli...

Hahn & Co., a South Korean private equity firm, has completed the payment for the 790 billion won ($722 million) purchase of Korean Air Lines' i...

The National Pension Service and Germany’s Allianz SE are in negotiations  to jointly buy a 50% stake in OUE Bayfront, a Grade A office t...

Korea Investment Corporation (KIC) Chief Executive Choi Heenam will make his first overseas business trip in 11 months to visit Singapore this month...

Korean Air Lines Co. will push ahead with its planned $1.6 billion acquisition of debt-laden Asiana Airlines Inc., the company said, after a Seoul d...

Korean Air Lines Co. will spend 1.8 trillion won ($1.6 billion) to own a majority stake in beleaguered local rival Asiana Airlines Inc., in a deal t...

The owner of Korean Air Lines Co.’s reported bid to acquire local rival Asiana Airlines Inc. faces several hurdles, including painful job cuts, ...

South Korea’s two largest airliners, Korean Air Lines Co. and Asiana Airlines Inc., may combine their airplane repair and maintenance businesses...

Hanjin Group, which owns South Korea’s flag-carrier Korean Air Lines Co., is seeking to buy local rival Asiana Airlines Inc., signaling a mega d...

Hyundai Motor Co. is seeking to expand its electrice vehicle battery business in Southeast Asia in cooperation with Singapore’s state-run utilit...

Hanwha Systems Co., a defense and information technology service unit of Hanwha Group, on Wednesday unveiled the mockup of its personal air vehicle (P...

South Korea’s flag carrier Korean Air Lines Co. has posted an operating profit for two straight quarters thanks to robust cargo operations keepi...

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...

Hyundai Motor Co., South Korea’s biggest automaker, has begun building an innovation lab in Singapore as part of its efforts to explore new mobi...

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...

Korean Air Lines. Co. is reaching out to overseas investors to gauge their interest in acquiring Wilshire Grand Center, a landmark building in Los Ang...

Korean Air Lines Co. will provide $950 million in loans to its fully owned US hotel operator which has $900 million in debt maturing this month, the c...

Grab Holdings Inc., a Singapore-based technology company, has raised $200 million from South Korean private equity firm STIC Investments Inc., the fir...

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

Korean Air Lines Co. Ltd. signed a definitive agreement on August 25 to sell its in-flight duty-free and meal service business to South Korea’s ...

Korean Air Lines Co. and local private equity firm Hahn & Company may sign the share purchase agreement (SPA) for the flag carrier’s in-flig...