The three are among four suitors shortlisted with the fourth said to be French heavyweight Michelin, though ET could not confirm this indep...

Mahindra Finance has signed a memorandum of understanding with Woori Financials to set up a joint-venture for financing Ssangyong Motor veh...

State-controlled Korea Development Bank (KDB) proposed buying 25% of Lehman Brothers for up to $5.3 billion, a newspaper reported, but othe...

State-run Korea Development Bank (KDB) has offered to buy a 25 per cent stake in troubled US investment bank Lehman Brothers for more than ...

Korea Development Bank (KDB) is in talks to buy a stake in Lehman Brothers as Asian investors shore up Wall Street firms beaten down by the...

Hyundai Motor's first-quarter net profit rose 28% on higher sales, cost reductions and weakness in South Korea's currency.

A unit of US investment bank Morgan Stanley was named as a top bidder to buy South Korean appliance and television maker Daewoo Electronics.

Creditors of the ailing Korean durables firm, Daewoo Electronics are likely to authorise the Seoul-headquartered Woori Bank, a member of th...

The company is having second thoughts on the deal after failing to arrive at a mutually agreeable deal.

Indian consumer durable major Videocon Industries is understood to have faced a lot of resistance from its Korean rivals before it was sele...