conglomerate borrowings

Hanjin KAL Corp., the holding firm of South Korean flag carrier Korean Air Lines Co., is set to sell a 100% stake in its Hawaii-based subsidiary Wai...

South Korean rechargeable battery maker SK On Co. signed a memorandum of understanding (MOU) with Siemens Digital Industries Software (Siemens DISW)...

The two sons of Hanmi Pharmaceutical Group’s founding family, who were approved as board members of the holding firm Hanmi Science Co. at its ...

LG Group, South Korea’s No. 4 conglomerate, on Wednesday announced a plan to invest 100 trillion won ($74 billion) through 2028 in its future ...

LG Group, South Korea’s fourth-largest conglomerate controlling electronics, chemicals, media and service companies, is aggressively raising t...

Lotte Group is set to sell the automated teller machine (ATM) business of Korea Seven Co., the operator of convenience store chain 7-Eleven in South...

LAS VEGAS – At CES, big tech names often take center stage but this is also a dream place for underdogs to become rising stars with unconventi...

SK Group is setting out for a new era, tapping younger leaders in their 40s and 50s to lead South Korea’s second-largest group in its mission ...

South Korea’s Fashion Group Hyungji and China’s largest clothing exporter Dishang Group signed a memorandum of understanding (MOU) to te...

Despite the challenging economic environment, there are still plenty of opportunities for profit in commercial real estate, notably through debt i...

South Korea's No. 1 shipbuilding group’s heir apparent Chung Ki-sun will deliver a keynote speech at the world’s biggest consumer techno...

South Korea’s Hankook & Company Group, formerly Hankook Tire Group, is expanding to robotics to raise its future competitiveness.The gro...

South Korea's No. 2 conglomerate SK Group needs agile responses to rapidly changing business circumstances amid global geopolitical crises, C...

South Korea’s short-term corporate loan growth is picking up at a fast pace, stirring concern among some analysts who see parallels to the 200...

South Korea’s Hanwha Group Chairman Kim Seung-youn on Monday urged the defense-to-financial conglomerate to revive the bold innovations of its...

South Korea’s top-tier contract drugmaker Genuone Sciences Inc. with an estimated value of up to 1 trillion won ($752 million) is smooth saili...

LG Group, South Korea’s fourth-largest business group, is actively embracing collaboration with outside innovators to foster its new growth dr...

Hanwha Group Vice Chairman Kim Dong-kwan is stepping up efforts to win Poland's high-profile submarine project worth an estimated 3 trillion won ($2...

Fosun Group, a debt-laden Chinese conglomerate, is seeking to cash out of its entire stake in Nature&Nature Co. for up to 50 billion won ($37.8 ...

Samsung Securities Co., in a surprise move, has decided not to rejoin South Korea’s top business lobby, the Federation of Korean Industries (F...

LG Group, South Korea’s fourth-largest conglomerate, is accelerating its investment in promising tech companies across the world despite the l...

South Korea’s four largest business conglomerates – Samsung, Hyundai Motor, SK and LG – will likely return as members of the count...

South Korea’s commercial banks have joined thrifts and credit unions in a race to offer their time deposit holders higher interest to cover cl...

  Jin Roy Ryu, chairman of South Korea’s leading copper smelter and defense equipment maker Poongsan Corp., has been chosen to lead the ...

IMM Private Equity has put a South Korean contract drugmaker on the market for up to 1 trillion won ($784 million) in a deal likely to attract major...

Hanwha Group, South Korea’s chemicals-to-defense conglomerate, has put its non-core financial unit Hanwha Savings Bank up for sale, in a move ...

Shares of POSCO Group affiliates are flying high with the steelmaker rapidly transforming into a battery materials manufacturer, riding the industry...

South Korean beauty and cosmetics giant Amorepacific Group announced on Tuesday that it has signed a memorandum of understanding with A.S. Watson ...

Hyundai Motor Group's open innovation investment in domestic and foreign startups in fields like mobility and artificial intelligence (AI) has excee...

South Korean beauty and cosmetics giant Amorepacific Corp. has temporarily opened a staff-only space to BTS fans.  The company’s Seoul h...