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South Korea’s Hanwha Systems Co. is set for a successful rights offering as the defense and air mobility unit of Hanwha Group has garnered str...

For the past 18 years I have worked in East Asia, four of them here in Korea and the last ten for the Swiss national trade and investment agency calle...

South Korea’s Lotte Chemical Corp. is diversifying into electric vehicle raw materials and hydrogen businesses as new growth drivers, moving a...

The ongoing shipping cargo crisis has brought record-high earnings results in the first quarter to South Korea’s largest container line HMM Co...

Korean Air Lines Co. is entering into the business of urban air mobility (UAM), which is emerging as one of the most futuristic modes of transportat...

Hyundai Oilbank Co., the oil refining unit under Hyundai Heavy Industries Holdings Co., has joined hands with US gas and chemical company Air Produc...

The 15-month-long family feud over the control of Korean Air Lines Co. has ended with group chairman Cho Won-tae’s win over his sister Cho Hyu...

Korean Air Lines Co. will retain its brand name after absorbing local rival Asiana Airlines Inc. in a span of around two years, with their merged en...

Korean Air Lines Co. has raised 3.32 trillion won ($2.9 billion) from a new share sale as planned in the the largest-ever rights offering by a domes...

Korean Air Lines Co. has kicked off its 3.3 trillion won ($3 billion) rights offering, the biggest amount ever by any South Korean company, to help ...

Korean Air Lines Co. (KAL) posted a positive earnings surprise in 2020, reporting an operating profit of 238.3 billion won ($212 million) amid a dra...

A British urban air mobility project, in which South Korea’s Hyundai Motor Co. is a technology partner, has been chosen as the winner of the U...

The proposed union between South Korea’s two leading airlines is nearing the finish line as Korean Air Lines Co. begins due diligence on Asi...

Korean Air Lines Co. will proceed with its planned $1.6 billion acquisition of Asiana Airlines Inc. after winning approval from a majority of its sh...

The National Pension Service, the No. 2 shareholder of Korean Air Lines Co., will vote against the flag carrier’s plan to acquire Asiana Airli...

Hahn & Co., a South Korean private equity firm, has completed the payment for the 790 billion won ($722 million) purchase of Korean Air Lines' i...

Korean Air Lines Co. will push ahead with its planned $1.6 billion acquisition of debt-laden Asiana Airlines Inc., the company said, after a Seoul d...

Korean Air Lines Co. will spend 1.8 trillion won ($1.6 billion) to own a majority stake in beleaguered local rival Asiana Airlines Inc., in a deal t...

The owner of Korean Air Lines Co.’s reported bid to acquire local rival Asiana Airlines Inc. faces several hurdles, including painful job cuts, ...

South Korea’s two largest airliners, Korean Air Lines Co. and Asiana Airlines Inc., may combine their airplane repair and maintenance businesses...

Hanjin Group, which owns South Korea’s flag-carrier Korean Air Lines Co., is seeking to buy local rival Asiana Airlines Inc., signaling a mega d...

Hanwha Systems Co., a defense and information technology service unit of Hanwha Group, on Wednesday unveiled the mockup of its personal air vehicle (P...

South Korea’s flag carrier Korean Air Lines Co. has posted an operating profit for two straight quarters thanks to robust cargo operations keepi...

Korean Air Lines. Co. is reaching out to overseas investors to gauge their interest in acquiring Wilshire Grand Center, a landmark building in Los Ang...

Korean Air Lines Co. will provide $950 million in loans to its fully owned US hotel operator which has $900 million in debt maturing this month, the c...

Korean Air Lines Co. Ltd. signed a definitive agreement on August 25 to sell its in-flight duty-free and meal service business to South Korea’s ...

Korean Air Lines Co. and local private equity firm Hahn & Company may sign the share purchase agreement (SPA) for the flag carrier’s in-flig...

Korean Air Lines Co. and Asiana Airlines Inc. have bucked the global trend of the devastating aviation industry and made rare quarterly profits, as th...

A Korean activist fund that failed to oust Hanjin KAL's current management during a shareholder meeting in March is trying to increase its stake ...

Korea Corporate Governance Improvement (KCGI), a local activist private equity fund, is unhappy with Korean Air Lines Co. Ltd's decision to sell ...