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The South Korean economy returned to firmer footing in the second quarter, expanding 0.6% from the previous three months, as a recovery in exports and domestic consumption helped offset weak ...
Lotte Tour Development Co. has posted its highest-ever quarterly operating profit, powered by a surge in Chinese tourists to South Korea’s top tourism destination, Jeju Island, placing big bets at its ...
Glass Skin boom: Why Seoul’s interactive beauty clinics are hottest stop for foreign tourists While CJ Olive Young’s flagship shops are crowded with beauty enthusiasts, visits to Amorepacific’s and ...
LG Chem Ltd. said on Friday it has finalized the sale of its water filter business to Seoul-based Glenwood Private Equity for 1.4 trillion won ($1 billion) as part of efforts to focus on life science ...
With the US-EU tariff deal sealed, South Korea is ramping up a last-ditch push to strike its own agreement before the US-set Aug. 1 deadline, playing high-stakes cards, including shipbuilding ...
MBK Partners Ltd. and Mirae Asset Securities Co. are set to force South Korea’s top multiplex cinema chain CJ CGV Co. to surrender control of CGI Holding ...
Samsung Electronics Co. Chairman Lee Jae-yong departed for the US on Tuesday, just days before the US-set Aug. 1 deadline for a trade deal, signaling Seoul’s strategic use of semiconductor investments ...
South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitability in the second half, capitalizing on a stronger ...
Hanwha Philly Shipyard has secured a 348 billion won ($250 million) order to build a liquified natural gas (LNG) carrier for Hanwha Shipping LLC, marking the first order by a US shipyard for an export ...
Samsung Electronics Co. is supplying a new high-performance image sensor featuring nanoprism technology to China’s Xiaomi, as the South Korean tech giant steps up efforts to take on Sony Corp.’s ...
IMM Private Equity and five other South Korean private equity firms are set to invest a total of 800 billion won ($600 million) in Goodai Global Inc., a Korean beauty unicorn raising capital to ...
Global private equity firm TPG has struck one of this year’s standout mid-cap deals in South Korea, selling Samhwa Co., a cosmetics packaging specialist, ...
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