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...
POSCO Holdings Inc. has teamed up with Australia’s Anson Resources Ltd. to build a direct lithium extraction (DLE) demonstration plant in the ...
The National Pension Service (NPS), the world’s third-largest pension fund, has been further diversifying its portfolio through increased expo...
South Korea’s Acting President and Prime Minister Han Duck-soo spoke with US President Donald Trump on Tuesday to discuss various issues of mu...
South Korea’s leading biosimilar drug developer Celltrion Inc.'s Vegzelma, a cancer drug referencing global biopharma Roche’s Avastin, h...
CJ Olive Young Corp., South Korea’s top beauty store chain, said on Tuesday it has set up a US business entity in Los Angeles to enhance its p...
South Korea’s four major oil refining companies will jointly build a sustainable aviation fuel (SAF) plant in the country, for which the gover...
Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturing sector, the Minis...
South Korea's Samsung C&T Corp. said Monday it signed a memorandum of understanding (MOU) with Sweden's Hitachi Energy to cooperate for high-vol...
South Korea's KB Asset Management Co. ended its delegated management agreement for public funds with Vietnam's largest asset management company, Dra...
Samsung Electronics Co. will buy back 10 trillion won ($7.2 billion) in shares over the next year to prop up its share price, which has plunged more...
South Korea's Celltrion Inc. said on Friday that it completed its acquisition of iQone Healthcare Switzerland, a Swiss pharmaceutical distributor, t...
South Korean venture capitalists’ appetite for foreign entrepreneurs shows no sign of waning as they continue to look for better returns overs...
South Korea's National Pension Service (NPS), the world's third-largest pension fund, opened an office in Silicon Valley, San Francisco, on Septembe...
The Asan Nanum Foundation, a nonprofit foundation set up in 2011 to commemorate the 10th anniversary of Hyundai founder Chung Ju-yung’s death,...
South Korean household names Samsung and LG are in a new race to win the market for solid-state batteries, next-generation batteries promising enhan...
The YouTube channels of South Korean entertainment powerhouse CJ ENM Co.'s units, with more than 8 million subscribers, were disrupted for 14 hours ...
South Korea's Kyobo Lifeplanet Life Insurance Co. announced on Friday that it signed a memorandum of understanding with Hong Kong-based insurer FWD ...
Hyundai Motor Group announced on Tuesday that it partnered with the University of Oxford and established the Oxford-Hyundai Motor Group Foresight Ce...
Young South Korean millionaires want to take more control of their investments and bet on sectors they know, not relying passively on private banker...
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is set to slash its overseas stocks under global i...
Samsung Electronics Co. has set up the industry’s first Compute Express Link (CXL) infrastructure, certified by Red Hat Inc., the world’...
LG Uplus Corp. will enable its artificial intelligence ixi on Instagram later this year to allow more people to have easy access to the most sensati...
Private credit continues to lure investors, not least within one of the largest areas of private credit, direct lending. Providing reliable income s...
Sovereign wealth fund Korea Investment Corporation (KIC) seeks opportunities in direct lending for companies that are not cyclically sensitive and g...
Samsung SDS Co., the information technology service unit under Samsung Group, actively incorporates generative artificial intelligence and machine...
As the Federal Reserve signaled delays in rate cuts after meeting earlier this month, more investors have adopted for a wait-and-see attitude. Those...
South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) and HD Hyundai Heavy Industries Co., partnered with the American Bureau...
Celltrion Inc. and SK Biopharmaceuticals Co. are witnessing improving sales revenue and profitability by selling their products through their own ma...
South Korea’s current account surplus touched a near three-year high in February as goods exports continued to grow on strong overseas sales o...