News

LG Chem Ltd. said on Friday it has finalized the sale of its water filter business to Seoul-based Glenwood Private Equity for 1.4 trillion won ($1 billion) as part of efforts to focus on life science ...
Lotte Tour Development Co. has posted its highest-ever quarterly operating profit, powered by a surge in Chinese tourists to South Korea’s top tourism destination, Jeju Island, placing big bets at its ...
The South Korean economy returned to firmer footing in the second quarter, expanding 0.6% from the previous three months, as a recovery in exports and domestic consumption helped offset weak ...
APR Co., South Korea's fast-growing beauty company, has outpaced the country's second-largest cosmetics firm LG H&H Co. in terms of market capitalization as legacy giants are missing out on the ...
Global private equity giant KKR & Co. Inc. is in advanced talks to acquire the waste management arm of SK Ecoplant Co., a South Korean construction engineering and waste management company under SK ...
South Korea’s government and ruling Democratic Party on Tuesday agreed to raise the top corporate tax rate and lower the capital gains threshold for larg ...
IMM Private Equity and five other South Korean private equity firms are set to invest a total of 800 billion won ($600 million) in Goodai Global Inc., a Korean beauty unicorn raising capital to ...
Samsung Electronics Co. Chairman Lee Jae-yong departed for the US on Tuesday, just days before the US-set Aug. 1 deadline for a trade deal, signaling Seoul’s strategic use of semiconductor investments ...
With the US-EU tariff deal sealed, South Korea is ramping up a last-ditch push to strike its own agreement before the US-set Aug. 1 deadline, playing high-stakes cards, including shipbuilding ...
South Korean President Lee Jae-Myung met with Samsung Electronics Co. Chairman Lee Jae-yong on Thursday amid growing speculation that Seoul may leverage the expansion of domestic companies’ US ...
Hanwha Philly Shipyard has secured a 348 billion won ($250 million) order to build a liquified natural gas (LNG) carrier for Hanwha Shipping LLC, marking the first order by a US shipyard for an export ...
Global private equity firm TPG has struck one of this year’s standout mid-cap deals in South Korea, selling Samhwa Co., a cosmetics packaging specialist, ...