ASeoulcourtsentencedLotteGroupchairmanShinDong-binto20monthsinprison,withatwo-yearsuspension,onFridayforcorruptionandbreachoftrust.ShinKyuk-ho,ShinDong-bin'sfat
SouthKorea’sprosecutorsareseekingafour-yearjailtermforLotteGroupchiefShinDong-bin,thecorporategroup’sspokesmansaidbytelephoneonThursday.Prosecutorsalsodemanded2
LotteConfectioneryCo.,akeyfoodunitofSouthKoreanretailgiantLotte,saidThursdayithaspurchasedanIndianicecreamcompanyfor164.5billionwon(US$151million)totapdeeperint
SouthKorea’sLotteShoppinghaspickedGoldmanSachstomanagethesaleofitssupermarketsinChina,aftermostofthemwereshutdownamidpoliticaltensionsbetweenthetwocountries.Ith
Lotte Chemical Titan Holding, a Malaysian unit of South Korean conglomerate Lotte Group, on Tuesday set a lower share price for the upcoming initial public offering (IPO) in Malaysia, fixing the price at 6.50 ringgit (1.51 U.S. dollars).
SouthKorea'sbiggestdepartmentstoreanddutyfreeshopoperatorLottemayhavemadeillegaldealswithformerpresidentParkGeun-hyetoofferlandfortheTHAADmissiledefensesystem,a
Lotte Mart, the retail arm of South Korea's Lotte Group, is expected to sell some of its loss-making stores in China, a South Korean newspaper reported.
LotteMart,theretailarmofSouthKorea'sLotteGroup,isexpectedtosellsomeofitsloss-makingstoresinChina,aSouthKoreannewspaperreported.Butitisfindingithardtosellthestor
Former South Korean President Park Geun-hye was indicted by prosecutors Monday on multiple corruption charges, while Lotte Group Chairman Shin Dong-bin was prosecuted for bribery charge.
South Korea's defense ministry on Tuesday signed the land swap deal with Lotte Group for Terminal High Altitude Area Defense (THAAD), a ministry official said.
Residents living in South Korea's southeast regions, where the U.S. missile shield is set to be deployed, came up to the capital city Seoul on Thursday to rally against the decision to install one Terminal High Altitude Area Defense (THAAD) battery in their hometown.
Acting South Korean President Hwang Kyo-ahn said on Monday the deployment of a US anti-missile defence system can not be delayed in the face of a growing DPRK's nuclear missile threat and despite Beijing’s hostility to the move.
The announcement marks the end of an investigation during which billion-dollar deals involving Lotte collapsed
The militaries of South Korea and the United States are expected to announce a golf course as the new site for an advanced American antimissile system this week, a defense official here said Sunday.
One of family members of Lotte Group, South Korea's fifth-largest family-controlled conglomerates, was summoned on Friday by prosecutors for questioning on charges of taking bribes from a local cosmetics company seeking to shelf space in the group's duty-free shops.