Hanwha seeks to buy Paraspara Seoul from developer tied to Banyan Tree Busan fire

Hanwha Hotels & Resorts Co. is in talks to acquire Paraspara Seoul, a five-star hotel and resort, up for sale by a property developer facing lia...
Hanwha Hotels & Resorts Co. is in talks to acquire Paraspara Seoul, a five-star hotel and resort, up for sale by a property developer facing lia...
Cardi B, the Grammy-winning rapper, has joined the growing list of celebrities spotlighting Korean beauty products, fueling a new wave of global ent...
Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses ...
Samsung Electronics Co.'s operating profit in the second quarter missed market expectations, with a 56% on-year fall, as its mainstay semiconductor ...
Celltrion Holdings Co. has secured 1 trillion won ($732 million) in fresh funding and plans to spend half of it this year to buy shares in its biosi...
DB Insurance Co., a leading South Korean non-life insurance company, is in advanced talks to acquire US-based insurer Fortegra in a deal that could ...
LG Electronics Inc., South Korea’s leading electronics company, is doubling down on its bid to lead the burgeoning global heating, ventilation...
As eyewear evolves into a key fashion statement, South Korea’s homegrown brands are setting their sights on the global stage with bold, unconv...
Jollibee Foods Corp., a household name in Southeast Asia’s food market, has been named the preferred buyer of Norang Tongdak, a South Korean f...
A consortium between US asset management firm Invesco and the real estate investment arm of SK D&D Co. has been named the preferred buyer of Nou...
The Financial Services Commission (FSC) has proposed regulatory changes that would allow non-profit organizations to purchase bad loans from individ...
Australia is uniquely positioned to offer a diversified and resilient exposure for infrastructure equity investment, supported by its solid economic...
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...
Hanjin KAL Corp., the largest shareholder of Korean Air Lines Co., is strengthening its alliance with LS Group, the parent of LS Cable & System ...
Korean Air Lines Co., South Korea’s largest full-service carrier, and its joint venture partner Delta Air Lines Inc. will acquire a 25% stake ...
Coupang Inc., South Korea’s largest e-commerce platform, extended its year-on-year sales growth with an 11.1% increase to post $7.9 billion in...
Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a 50% stake in SBI Savin...
JD.com, often dubbed China’s answer to Amazon.com, has opened its own logistics centers in South Korea, becoming the first Chinese e-commerce ...
KB Financial Group Inc. on Thursday reported a 61% jump in first-quarter profit, led by a nearly threefold rise in earnings at its flagship unit Koo...
South Korean shipbuilding stocks soared on Friday on news that US President Donald Trump indicated that the world’s No. 1 economy may purchase...
Spot, a quadruped robot developed by Boston Dynamics Inc., will aid defense and safety agencies in Australia, New Zealand and Indonesia to assist in...
Celltrion Inc. said Wednesday it has received regulatory approval from Australia’s Therapeutic Goods Administration (TGA) for three biosimilar...
POSCO Group, South Korea’s steelmaking giant, will further bolster its competitiveness in the global steel market and energy value chains thro...
Seoul-based real estate investment firm Asia Property has been picked as the sole preferred bidder for an office building currently occupied by cowo...
Krafton Inc., one of South Korea’s top four market-cap gaming firms, has taken over Indian game developer Nautilus Mobile for $14 million, upp...
South Korea’s private equity firm VIG Partners’ buyout of minority stakes in Kakao Mobility Corp., the nation’s most popular taxi-...
Global private equity giants such as KKR & Co., Carlyle Group and Hillhouse Capital Group Holdings are vying to acquire Classys Inc. as the Sout...
Korean Air Lines Co., the country’s top full-service carrier, is set to soon finalize $32.7 billion deals with Boeing Co. and GE Aerospace for...
Daol Private Equity has acquired Youngil Glass Industry Co., a South Korean manufacturer of glass containers, in a 65 billion won ($44.5 million) de...
South Korean chemicals-to-defense conglomerate Hanwha Group has taken a 9.9% stake in Austal Ltd., an Australian shipbuilder, for 183.3 million Aust...