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

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...

Prices are not high enough? Trees don't grow to the sky

Prices are not high enough? Trees don't grow to the sky

The S&P 500 index just experienced its best two-year streak since the 1997-98 Asian financial crisis, with the hype surrounding artificial intel...

SK promotes restructuring keymen to SK On, SK Discovery top posts

SK promotes restructuring keymen to SK On, SK Discovery top posts

SK Group on Thursday promoted the keymen of its business overhauls to top posts at intermediary holding company SK Discovery Co. and battery maker S...

LG Group carries out modest management reshuffle

LG Group carries out modest management reshuffle

Cho Joo-wan will continue to lead LG Electronics Inc. as chief executive after its parent LG Group on Thursday carried out modest reshuffles in its ...

Hyundai Motor to restore forest ecosystem

Hyundai Motor to restore forest ecosystem

Hyundai Motor Co. announced on Monday that it signed a memorandum of understanding (MOU) for a Sustainable Forest Ecosystem Restoration Project with...

Hanwha Ocean to join Canadian patrol submarine project

Hanwha Ocean to join Canadian patrol submarine project

South Korea's shipbuilder Hanwha Ocean Co. secured a memorandum of understanding (MOU) with four Canadian submarine tech firms at Deep Blue Forum 20...

Singapore's CDL buys Nine Tree hotel in Seoul for $107 mn

Singapore's CDL buys Nine Tree hotel in Seoul for $107 mn

Singapore-based major real estate firm City Developments Ltd. (CDL) has bought Nine Tree Premier Hotel Myeongdong II from South Korea’s Shinha...

High- and low-income S.Koreans alike reluctant to have babies: Survey

High- and low-income S.Koreans alike reluctant to have babies: Survey

South Koreans in low- and high-income brackets alike are unwilling to have children due to either insufficient time or money, found a recent survey ...

KSOE joins race to buy marine engine maker STX Heavy Industries

KSOE joins race to buy marine engine maker STX Heavy Industries

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has joined the race to acquire South Korean marine engine and equipment maker STX Heavy Ind...

US may return to low rates after modest inflation

US may return to low rates after modest inflation

The rising inflationary risk in the US, fueled by strong recovery from the pandemic-induced slowdown, is likely to be short-lived and modest, and in...

COVID-19 test kit supplier makes modest market debut

COVID-19 test kit supplier makes modest market debut

SD Biosensor Inc., the world's largest COVID-19 test kit seller, made a modest debut on the Korea Exchange on Friday, defying market expectations th...

PEF-owned Korean firms jumping off IPO bandwagon

PEF-owned Korean firms jumping off IPO bandwagon

South Korea's initial public offering market is gaining fresh momentum from high-profile listings such as mobile banking app KakaoBank and game deve...

Carpenters brew tea from 150-year-old Korean pine trees

Carpenters brew tea from 150-year-old Korean pine trees

GANGNEUNG, Gangwon Province -- Gangneung, on the coast east of Seoul, is famously known as a coffee destination — but there's actually another d...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared