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...
South Korea’s Hanwha Group is seeking to sell the Korean operations of US premium burger chain Five Guys, two years after the brand’s hi...
BTS’ Jungkook and IU, a singer and actress, have claimed the top spots on the most-favorite K-pop artist charts in both the male and female ca...
Shinsegae Property, a subsidiary of South Korean retail giant Shinsegae Group, on Tuesday unveiled a 600 billion won ($438 million) investment agree...
SK Innovation Co. has signed a memorandum of understanding with the government of Tra Vinh, a province in southern Vietnam and MangLub, a local soci...
BTS member Suga and former Major League Baseball (MLB) pitcher Chan Ho Park are putting their money on the Athletics, formerly the Oakland Athletics...
Shilla Stay Seodaemun has been put on the market again amid signs of a recovery in South Korea’s hospitality industry, after earlier attempts ...
Goldman Sachs, in partnership with JB Asset Management Co., has acquired Mercure Ambassador Seoul Hongdae, a prominent mixed-use commercial property...
South Korea’s long-dormant consumer sector is showing signs of revival, as shoppers – once paralyzed by political uncertainty – re...
Netmarble Corp., South Korea’s leading game developer and publisher, is seeking to capitalize on the surging global demand for so-called subcu...
An auction for a co-living building, owned by South Korea’s top real estate asset management firm IGIS Asset Management Co., in the hip Hongda...
As Korean beauty products continue to captivate global consumers, five Seoul-based cosmetics and wellness companies are gearing up to penetrate deep...
Kookmin Bank, a unit of KB Financial Group, raised $700 million in foreign exchange bonds on Tuesday, signaling a recovery in investor sentiment tow...
Hotels in South Korea are booming thanks to a surge in foreign visitors on a weaker won currency, while domestic travel agencies are suffering from ...
The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems h...
Prime office complex AP Tower and two adjacent hospitality properties in Seoul’s Gangnam Business District have been put up for sale in a bu...
IGIS Asset Management Co., one of Asia's largest real estate investment firms, is set to sell a four-star hotel in Myeong-dong, a popular spot for f...
Chinese games are making deep inroads into South Korea, increasing their presence in the mobile gaming market amid a lack of restrictions on foreign...
Meritz Financial Group Inc., once a medium-sized financial service firm in South Korea, has become the second-most valuable publicly traded financia...
South Korea will allow short selling on all listed stocks in the country next month as planned, said the chief of the country’s financial regu...
The sale of Shilla Stay Dongtan, a premium business hotel operated by South Korea’s Hotel Shilla Co., has attracted four bidders, underscoring...
Macquarie Asset Management is poised to sell a four-star hotel in Seoul for about 170 billion won ($118.7 million) to South Korea’s KB Asset M...
Singapore sovereign wealth fund GIC Pte. has been given priority rights to buy three hotels valued at more than 600 billion won ($413 million) toget...
Money is rapidly shifting to cryptocurrency markets in South Korea as lower interest rates and lackluster stock prices reduce the investment appeal ...
The global real estate market is poised for a recovery, led by industrial warehouses, residential facilities and data centers benefiting from declin...
The Bank of Korea (BOK) said on Wednesday that the foreign investors' net selling in the South Korean stock market was $3.86 billion in December las...
The Seoul office market bounced back for the first time in four years in 2024, with transaction volume soaring 78.7% to 13.4 trillion won ($9.1 bill...
One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population an...
South Korean leading food maker Daesang Corp., the operator of kimchi brand Jongga, said on Thursday it launched San Ho Won with three-Michelin-star...
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