airline merger

South Korean airlines’ competition for the Mongolian route, one of the most profitable, is heating up as low-cost carriers have joined the rac...

South Korea’s airlines are suffering from surging oil prices, a weaker won and rising interest rates as the global border reopening has yet to...

Korean Air Lines Co., which is putting the final touches on its acquisition of crosstown rival Asiana Airlines Inc., said on Monday it expects to ob...

South Korea’s Kakao Entertainment Co. is set to merge Tapas Media Inc. and Radish Fiction Inc., its webtoon and mobile novel platforms in Nort...

Dongwon Group, South Korea’s leading seafood and logistics conglomerate, is changing the merger ratio of its two major affiliates, accepting a...

South Korea’s Lotte Chemical Corp. has raised its stake in affiliate Lotte Fine Chemical Co. amid speculation that the two companies may merge...

South Korea’s travel and airline stocks are expected to shine as Japan plans to ease its border controls in June. Korea’s Shinhan Inve...

Korean Air Lines Co., the country’s top carrier, reported a record quarterly operating profit on the strong cargo business while its smaller d...

The merger between South Korea's two largest air carriers – Korean Air Lines Co. Asiana Airlines Inc. – may face a tough challenge in th...

The European Union's tougher emission standards are creating a new headache for airline companies, which are raising their international flights to ...

HD Hyundai, formerly known as Hyundai Heavy Industries Holdings Co., has filed a complaint against the European Commission, the executive body of th...

Shares of both Lotte Confectionery and Lotte Food rose more than 5% Thursday on expectations of synergy effects from their upcoming merger. A d...

Lotte Group will merge its confectionery and foodstuff businesses, South Korea's fourth-largest conglomerate announced Wednesday.Lotte Confectionery...

Global airlines are increasing flights to pre-pandemic levels as countries worldwide are opening up their borders to support the tourism sector, ram...

South Korea’s reopening stocks jumped on Friday as the government eases COVID-19-curbing restrictions and as the number of the Omicron variant...

Valuence Merger Corp. 1, a special purpose acquisition company (SPAC), led by South Korean fund managers, has debuted on the Nasdaq, targeting Asian...

The merger of KB Life Insurance Co., an insurer under KB Financial Group Inc. of South Korea, and Prudential Life Insurance Co. of Korea will be c...

The proposed merger of Korean Air Lines Co. and Asiana Airlines Inc. has moved one step closer to completion with approval by South Korea’s an...

South Korea's Asiana Airlines Inc. turned to the black in 2021, reporting its largest-ever operating profit since 2010, as global supply chain disru...

The world’s two largest shipbuilders Hyundai Heavy Industries Group and Daewoo Shipbuilding & Marine Engineering Co. are battling it out t...

The European Commission’s rejection of Hyundai Heavy Industries Co.'s proposed merger with crosstown rival Daewoo Shipbuilding & Marine En...

Korean Air Lines Co. and Asiana Airlines Inc. are wary of the fate of their proposed merger after the European Union blocked the combination of Sout...

The European Commission on Thursday vetoed the combination of the world’s two largest shipbuilders Hyundai Heavy Industries Co. and Daewoo Shi...

Korean Air Lines Co. faces growing pressure from the country’s antitrust regulator to drastically adjust its post-merger integration plans aft...

South Korea’s antitrust regulator the Fair Trade Commission (FTC) has decided on conditional approval for Korean Air Lines Co.‘s 1.8 tri...

Credit Suisse Group AG has appointed two South Koreans as new managing directors (MD) for its Seoul office. Shim Jong-min and Kim Sei-won were promo...

The European Union’s expected objection to the combination of the world’s two largest shipbuilders – Hyundai Heavy Industries Co. ...

SK Inc., the investment and holding company of South Korea’s conglomerate SK Group, completed the merger with SK Materials Co. with aim to exp...

Korean Air Lines Co. (KAL) said on Tuesday it has obtained regulatory approval from Vietnam for its 1.8 trillion won ($1.6 billion) deal to acquir...

A speedy approval by South Korea’s top antitrust regulator of the proposed merger of Korean Air Lines Co. (KAL) and its local rival Asiana Air...