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Korean Air seeks to sell 73-story skyscraper amid financial woes
Korean Air Lines. Co. is reaching out to overseas investors to gauge their interest in acquiring Wilshire Grand Center, a landmark...
Sep 17, 2020 (Gmt+09:00)
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Electric vechicleUrgent need to expand Korea's EV charging infrastructure: lobby group
It is critical that the South Korean government and carmakers swiftly move to increase local charging stations for electric vehicl...
Sep 17, 2020 (Gmt+09:00)
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National Pension ServiceNPS to cease paying management fees for Korean PEF project funds
The National Pension Service has decided to stop paying management fees for project funds to be launched by South Korean private e...
Sep 17, 2020 (Gmt+09:00)
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BatteriesLG Chem to launch battery affiliate Dec. 1; IPO under review
LG Chem Ltd., South Korea’s leading chemicals maker, has endorsed a company plan to spin off its battery business as a stand...
Sep 17, 2020 (Gmt+09:00)
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RestructuringKorean Air to lend $950 mn to US hotel unit for debt repayment
Korean Air Lines Co. will provide $950 million in loans to its fully owned US hotel operator which has $900 million in debt maturi...
Sep 17, 2020 (Gmt+09:00)
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Real estateSK sells 4.6% in Asian logistics property developer ESR for $408 million
South Korea’s SK Corp. has sold part of its stake in ESR Cayman Ltd., an Asian logistics real estate developer, for 480 bill...
Sep 17, 2020 (Gmt+09:00)