business sale

South Korea’s biosimilar maker Celltrion Inc. on Wednesday announced a plan to retire about a quarter of its treasury stock worth 563 billion ...

Kia Corp., South Korea’s second-largest automaker, plans to drastically raise its shareholder return rates to bolster shareholder value. The c...

Singapore’s GIC Private Ltd., the world’s sixth-largest sovereign wealth fund, is set to select a preferred bidder for the sale of a lan...

Lotte Card Co. is expected to be up for grabs in the first half of next year amid a second sale attempt by its largest shareholder MBK Partners, a N...

Blackstone, Carlyle Group and MBK Partners have joined the race to purchase the bio business of CJ CheilJedang Corp., the world’s largest prod...

South Korea’s export growth fell to a 14-month low in November with shipments to the world’s two biggest markets the US and China down, ...

South Korea’s steel-to-battery materials conglomerate POSCO Group will invest in the leading domestic robotics company to boost its ailing ste...

Latvian President Edgars Rinkēvičs, who is on a four-day working trip to South Korea, said on Friday he hopes for deeper cooperation between the two...

HD Hyundai Oilbank Co., a South Korean crude oil refiner backed by Saudi Aramco, is diversifying its business beyond fossil fuel-centered operations...

South Korea’s leading biosimilar developer Celltrion Inc. will break ground on its first contract development and manufacturing organization (...

Samsung Electronics Co., the world’s No. 1 memory chipmaker, reshuffled its leadership on Wednesday in a sweeping move as it faces an uph...

Seoul-based Kamur Private Equity has signed a definitive agreement to sell a majority stake in South Korean industrial cutting tool manufacturer JJ ...

BlackRock, the world's best-known asset manager, has appointed Lee Yoon Pyo as managing director and head of its South Korea operations, effective f...

LS Electric Co., a South Korean industrial energy facility and systems supplier, is expected to sign a 500 billion won ($358 million) deal with a GE...

South Korean private equity firms (PEF) Corstone Asia and Q Capital Partners plan to sell Norang Tongdak, the Korean-style fried chicken franchise.&...

South Korean tech giant Samsung Electronics Co. has joined forces with mobile carrier LG Uplus Corp. to unveil an AI smartphone embedded with a high...

Hyosung Chemical Corp. has failed to reach an agreement with a consortium of IMM Private Equity and STIC Investments Inc. to sell its specialty gas ...

South Korea's Hanwha Life Insurance said on Wednesday it signed a stock purchase agreement (SPA) to acquire a 75% stake in Velocity Clearing LLC, ...

LG Electronics Inc., a leading South Korean home appliance maker, has emerged as one of the world’s top five players in the heating, ventilati...

Membership fees couldn't keep cost-conscious South Korean consumers from rushing to Costco stores to buy big-box items at lower prices, leading the ...

Gaon Cable Co. said on Tuesday it has taken over the US arm of parent company LS Cable & System Ltd. to beef up its business of mid-to-low volta...

South Korea’s logistics companies such as local industry leader CJ Logistics Corp. are expanding their overseas operations to take advantage o...

South Korea’s top auto parts maker Hyundai Mobis Co. on Tuesday said it aims to boost non-Hyundai Motor Group affiliate sales to 40% of its to...

CJ CheilJedang Corp., South Korea’s largest food company, is seeking to sell its bio business for about 6 trillion won ($4.3 billion) in what ...

Salesforce Inc., the world’s top customer relationship management (CRM) platform, is grappling with a major service outage affecting more than...

South Korea's Celltrion Inc. said on Friday that it completed its acquisition of iQone Healthcare Switzerland, a Swiss pharmaceutical distributor, t...

Hyundai Motor Co. on Friday named Jose Munoz, its global chief operating officer (COO) and head of North and South American operations, as its new a...

LG Electronics Inc., the leading global home appliance maker, is considering expanding its subscription service into new overseas markets, such as I...

The four major duty-free shop operators in South Korea on Thursday posted operating losses in the third quarter, marking the first quarter in almo...

AmorePacific Corp., South Korea’s No. 1 cosmetics group, will rebalance its China-heavy global business to focus on the US and Europe while lo...