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...
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...
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...
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...
Samsung Electronics Co. on Monday showcased its new lineup of organic light-emitting diode (OLED) TVs with advanced artificial intelligence features...
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 Korea’s National Pension Service (NPS), the world’s third-largest pension fund, has agreed to buy a stake in Australian asset mana...
BNK Asset Management Co.'s bid to acquire the Hyundai Motor Securities building in central Seoul has hit a stumbling block as the main tenant, Hyund...
South Korea’s Samsung E&A Co. has purchased a stake in Norway’s hydrogen technology company Nel ASA at 47.6 billion won ($32.8 milli...
South Korea’s foreign exchange reserves diminished to the lowest level in nearly five years last month, largely due to the expanded forex swap...
South Korea’s factory production decreased in the first month of this year due to a manufacturing slowdown, while private consumption and busi...
South Korea’s Hana Financial Group aims to increase corporate value by ramping up shareholder returns based on a sustainable profit structure ...
CJ Olive Young Corp., South Korea’s top beauty store chain, has been given priority rights to buy an office building in Seoul for about 680 bi...