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Lotte chairman faces a suspended 20-month prison sentence

ASeoulcourtsentencedLotteGroupchairmanShinDong-binto20monthsinprison,withatwo-yearsuspension,onFridayforcorruptionandbreachoftrust.ShinKyuk-ho,ShinDong-bin'sfat

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S. Korean prosecutors seeking a 4-year jail term for Lotte group chief

SouthKorea’sprosecutorsareseekingafour-yearjailtermforLotteGroupchiefShinDong-bin,thecorporategroup’sspokesmansaidbytelephoneonThursday.Prosecutorsalsodemanded2

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Lotte's food unit acquires Indian ice cream company for 164 bln won

LotteConfectioneryCo.,akeyfoodunitofSouthKoreanretailgiantLotte,saidThursdayithaspurchasedanIndianicecreamcompanyfor164.5billionwon(US$151million)totapdeeperint

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Lotte Shopping picks Goldman to manage sales of supermarkets in China

SouthKorea’sLotteShoppinghaspickedGoldmanSachstomanagethesaleofitssupermarketsinChina,aftermostofthemwereshutdownamidpoliticaltensionsbetweenthetwocountries.Ith

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Lotte Chemical Titan lowers Malaysian IPO expectations

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).

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S. Korean media: Lotte may have struck illegal deals with Park Geun-hye

SouthKorea'sbiggestdepartmentstoreanddutyfreeshopoperatorLottemayhavemadeillegaldealswithformerpresidentParkGeun-hyetoofferlandfortheTHAADmissiledefensesystem,a

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South Korea's Lotte Mart to sell loss-making stores

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.

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South Korea's Lotte Mart to sell loss-making stores

LotteMart,theretailarmofSouthKorea'sLotteGroup,isexpectedtosellsomeofitsloss-makingstoresinChina,aSouthKoreannewspaperreported.Butitisfindingithardtosellthestor

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Ex-S. Korean president Park, Lotte chief indicted on corruption charges

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.

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S. Korea formally signs land swap deal with Lotte for THAAD

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.

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S.Korean residents shout "Stop THAAD" for peace of future generations

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.

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South Korea: no delay for THAAD missile deployment

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.

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South Korea prosecutors indict Lotte chairman, 21 others

​The announcement marks the end of an investigation during which billion-dollar deals involving Lotte collapsed

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Military to announce golf course as new THAAD site this week

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.

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S.Korean Lotte Group's family member summoned on bribery scandal

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.