Kakao Pay backs out of acquisition deal for Shinsegae’s SSG Pay, Smile Pay

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
Rhee Chang-yong, governor of the Bank of Korea (BOK), warned on Thursday that mounting household debt is now undermining both private consumption an...
Shinsegae Property, a subsidiary of South Korean retail giant Shinsegae Group, on Tuesday unveiled a 600 billion won ($438 million) investment agree...
Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, has abandoned plans to build a new manufacturing plant in Mexico and ...
South Korea will elevate its new science minister to a deputy ministerial post, giving him authority to serve as the top coordinator of the governme...
Chung Yong-jin, chairman of South Korea’s retail giant Shinsegae Inc., is likely to head the Asian operations of the Rockbridge Network, a gro...
The Bank of Korea (BOK) on Thursday cut its benchmark interest rate by a quarter percentage point to 2.5%, citing growing concerns over faltering do...
South Korean retail giant Shinsegae Group is seeking to acquire local color cosmetics manufacturer C&C International Co. in partnership with pri...
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...
Chung Yong-jin, chairman of South Korea’s retail group Shinsegae Inc., is the only Korean businessperson accompanying US President Donald Trum...
A pair of leveraged exchange-traded funds tracking only Samsung Electronics Co. will make a debut on the stock exchange in Hong Kong next week, whic...
Prices of certain used sport utility vehicles in South Korea are defying the broader economic slowdown, with used models like Hyundai Motor Co.'s Pa...
HANGZHOU – The capital of China’s Zhejiang province, Hangzhou, is the southern terminus of the ancient Grand Canal waterway, which origi...
South Korea’s LG Electronics Inc. has broken ground on its third home appliance manufacturing plant in India with a $600 million investment to...
Donald Trump Jr., the eldest son of the US President Donald Trump, is set to visit Seoul next week and meet with Korean business leaders grappling w...
LG CNS Co., the information technology service unit of South Korea’s LG Group, has won its first public-sector smart city contracts in the US,...
Colliers Korea, a unit of global real estate asset management group Colliers, has been chosen as the adviser for the sale of Signature Tower in cent...
Wycombe Abbey, one of the UK’s leading independent boarding schools, has been chosen as the top bidder to establish an international school in...
South Korea’s beauty industry is undergoing a major reshuffle, with new players rising to prominence while established giants face growing com...
Shinsegae Group Chairman Chung Yong-jin has unveiled aggressive growth plans that include opening more E-Mart Inc. hypermarket outlets, defying the ...
The much-anticipated sale of Doosan Tower in Seoul’s central business district (CBD) has attracted bids from three interested parties – ...
South Korea’s Koramco REITs Management & Trust Co. is poised sell a prime office building in Seoul in an estimated 400 billion won ($272 m...
South Korea's SPC Group, the operator of the bakery franchise Paris Baguette said on Thursday it plans to build a plant in the City of Burleson, Joh...
South Korea and the Philippines free trade agreement (FTA) is expected to increase exports to the Philippines, especially cars and parts, which will...
South Korea’s retail conglomerate Shinsegae Group has joined forces with Chinese online shopping giant Alibaba Group Holding Ltd. to better co...
Chung Yong-jin, the chairman of South Korea’s retail giant Shinsegae Group, held talks with US President-elect Donald Trump, becoming Korea's ...
South Korea’s central bank chief said on Wednesday the impact of political turmoil caused by martial law on Asia’s fourth-largest econom...
Hanwha Engineering & Construction Co., an affiliate of South Korea’s Hanwha Group, said on Friday it is set to fully resume a $10.4 billio...
The European Commission (EC), the European Union (EU) antitrust body, approved the merger between Korean Air Lines Co. and Asiana Airlines Inc. on N...
South Korea’s central bank lowered interest rates for a second straight meeting on Thursday in a surprise move and left the door open for anot...