Despite annual sales topping 5.8 trillion won ($3.93 billion), Olive Young is still not publicly listed, even as analysts value it at as much as 10.4 trillion won. Parent company CJ's family heir succession plan rests in the balance.
A subsidiary of K-pop agency RBW has acquired 275 Entertainment, known for the group XLOV, as part of its global ambitions, the agency said Wednesday.
Asiana Airlines said on Tuesday that it posted a net loss last year due to a weaker won and higher expenses related to its integration with industry leader Korean Air.
Police are investigating an online threat by a person claiming to be an airline captain who said they would carry out a "suicide flight" at Gimpo International Airport in protest against the merger of Korean Air and Asiana Airlines.
Asiana Airlines began operations at Terminal 2 of Incheon International Airport. The move marks a step toward next year's launch of the integrated national carrier.
As discussions to merge the administrations of Daejeon and South Chungcheong are gaining momentum, civic groups, academics and residents are voicing concerns that the move is being rushed without sufficient public input.
HD Construction Equipment officially launched on Thursday following the merger of HD Hyundai’s two construction machinery units, setting a goal to nearly double sales to 14.8 trillion won by 2030.
The antitrust regulator fined Korean Air and Asiana Airlines a combined 6.46 billion won on Monday for sharply cutting seat capacity on an international route, breaching the watchdog's conditions for the merger of the country's two largest carriers.
The antitrust regulator said Monday it has instructed the country's flag carrier Korean Air to revise its mileage integration plan as part of its merger with Asiana Airlines.
NCsoft, a major Korean game maker, said Monday it has acquired Singapore-based mobile game publisher Indygo Group as part of its broader strategy to focus on the mobile casual game business as a new growth driver.
Korea JoongAng Daily Sitemap
