News

HANGZHOU – The capital of China’s Zhejiang province, Hangzhou, is the southern terminus of the ancient Grand Canal waterway, which originates in Beijing. Since the 9th century, poets and artists have ...
Kurly Inc., a pioneer in South Korea’s dawn delivery market, has posted its first-ever quarterly profit, bucking a slowdown in private consumption and intensifying competition in the e-commerce sector ...
Lotte Group, South Korea’s fifth-largest conglomerate by assets, will buy back a stake in Lotte Global Logistics Co. from the latter’s financial investor for about 380 billion won ($269 million) after ...
LG Innotek Co., a leading South Korean electronics parts maker, will jointly develop new vision sensing systems with Boston Dynamics Inc., a major global mobile robot developer, for the latter’s ...
The market for TVs mounted on a rollable stand has emerged as a new battleground between South Korea’s top two TV brands, LG and Samsung, four years after LG Electronics Inc. rolled out the first of ...
United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. and Goldman Sachs are set to invest a combined $700 million in Kakao Mobility Corp., South Korea’s largest taxi-hailing app, to take ...
South Korean low-cost carriers (LCCs), including Air Premia Inc. and Air Busan Co., have been expanding into underserved smaller cities, but also driving travel demand to major tourist destinations.
North Asia-focused private equity firm MBK Partners’ second attempt to exit Lotte Card Co., South Korea’s fifth-largest car issuer, is gathering steam as bidders line up for a deal that could reshape ...
Korean Air Lines Co., South Korea’s largest full-service carrier, and its joint venture partner Delta Air Lines Inc. will acquire a 25% stake in Canada’s second-largest airline WestJet Airlines for ...
Hankook & Company Co., the holding company of Hankook Tire & Technology Co., announced Thursday a plan to launch a wholly owned corporate venture capital (CVC) arm this month with an initial ...
RedotPay, a Hong Kong-based blockchain fintech company, has arrived in South Korea with its cryptocurrency-based payment cards and is poised to disrupt the country’s payment market, tightly controlled ...