Brookfield exit from Conrad Seoul

South Korea's Lotte Department Store announced on Thursday that is has secured the exclusive franchise and distribution rights for Bacha Coffee, M...

Lotte Property & Development Co. (Lotte P&D) announced on Wednesday that the total number of visitors to Lotte World Tower and Mall last yea...

Canadian coffee brand Tim Hortons is opening two more stores in Seoul this month.Tim Hortons announced on Wednesday that it will open its Sungnyemun...

Global private equity firms, which recover their principal investment in South Korea, sell their assets for 2.5 times the purchase price on average,...

South Korea’s unicorn startups, or venture firms with a corporate value of at least 1 trillion won ($760 million), are poised to return to the...

South Korea on Thursday kicked off a push to nearly double the number of foreign tourists visiting the country this year to 20 million by hosting a ...

Yen-denominated deposits in South Korea slid for the first time in eight months as local investors took profits from the recent gains in the major c...

South Korean aerospace and defense maker Hanwha Systems Co. is set to establish a military system to cope with small unmanned aerial vehicles (UAVs)...

The Hyundai Seoul, South Korea's largest department store in Yoido, on December 21 opened a Louis Vuitton women's store, marking a significant addit...

Thousands of global celebrity infuencers, including Indian TV actress and model Anushka Sen, are set to ring in the New Year at a content festival i...

A 170-square-meter plot of land in Myeong-dong, central Seoul, where South Korean beauty brand Nature Republic’s flagship store is located, ha...

Hyundai Motor Co., South Korea’s top carmaker, has decided to sell its plants in Russia for only about $100 to a local company although it has...

US private equity firm Warburg Pincus LLC said on Tuesday it will establish a joint venture in South Korea via its Asia real estate fund to invest i...

KKR & Co. Inc. has promoted Keith Kim (Kim Yang-han), managing director at the private equity giant’s Seoul office, to partner.Kim, who ma...

South Korea plans to set up a supply chain stabilization fund of up to 10 trillion won ($7.6 billion) to effectively cope with sudden supply disrupt...

Visitors to Seoul, the capital of South Korea, are expected to enjoy faster and easier exploration of the city’s famous Namsan Mountain in 202...

The South Korean government plans to offer financial support to domestic companies when they import urea, a substance used in diesel vehicles and fe...

Palace Skateboards will likely join other foreign streetwear brands such as Noah, Supreme and Stussy, which have made their debut in South Korea, ta...

WASHINGTON, D.C. – South Korea and its closest neighbor Japan need to form an economic coalition, similar to the European Union (EU), to meet ...

South Korea’s two largest chipmakers, Samsung Electronics Co. and SK Hynix Inc., were among foreign investors’ top picks on the country&...

The Hyundai Seoul, the largest department store in the South Korean capital, topped the 1 trillion won mark in annual sales at the fastest pace in t...

The Seoul Metropolitan Government on Sunday unveiled the design of a Ferris wheel, tentatively named Seoul Twin Eye, which it plans to complete by 2...

Seoul-based Pebblestone Asset Management Co. and US real estate investor AEW Capital Management have completed the acquisition of a logistics ce...

South Korea’s Supreme Court on Wednesday upheld the ruling that would allow the Affinity Equity Partners-led consortium, including Singapore&r...

Office vacancy rates in South Korea’s capital city of Seoul fell to their lowest level this year last month as people returned to work follo...

Baemin, the top food delivery platform in South Korea, will exit Vietnam on Dec. 8 after four years of operations there amid fierce market competiti...

Apple Inc. said on Monday that it will open its sixth store in South Korea on Dec. 9. The new store will be located in the Starfield Hanam shop...

LONDON – British offshore wind power developer Corio Generation and energy giant BP Plc have agreed to invest a combined 1.5 trillion won ($1....

South Korea lags far behind advanced countries in nurturing artificial intelligence (AI) talent due to the lack of proper skills development program...

Hyundai Group's chairwoman on Friday resigned from the board of its elevator unit, whose No. 2 shareholder is Schindler Holding AG, amid mounting sh...