POSCO eyes KDB’s $5 bn stake in HMM to enter shipping industry
POSCO Group, South Korea’s largest steel and energy raw materials producer, has embarked on the process to acquire a controlling stake, worth ...
S.Korea posts record July current account surplus on chips; full-year figure seen at $110 billion
South Korea, Asia’s fourth-largest economy, chalked up a record July current account surplus, powered by a surge in semiconductor and car expo...
BTS’ Dynamite music video surpasses 2 billion views, a new milestone for the group
Five years after its release, BTS’ Dynamite continues to dazzle, now crossing the 2 billion-view mark on YouTube — the group’s fir...
LG Energy Solution wins $11 billion battery supply deal from Mercedes-Benz
LG Energy Solution Ltd., one of the world’s top battery makers, has won an order to supply electric vehicle batteries to German automotive gia...
Pantheon taps Korean investors for $4 billion infrastructure fund
Pantheon, a London-headquartered leading global private markets investor, has kicked off a $4 billion fundraising round for its latest global infras...
Blackpink’s Rosé earns $8 million from YouTube as 'APT.' craze tops 3.6B views
Blackpink’s Rosé is proving that her star power extends far beyond the stage — straight into YouTube’s revenue stream.Accor...
Bank of Korea nudges up 2025 growth outlook to 0.9% as stimulus cushions slowdown
The Bank of Korea has slightly raised its growth forecast for this year, citing the effects of the government’s extra fiscal stimulus, but war...
Jennie sets new K-pop solo record with 2 new RIAA Gold certifications
Jennie has done it again — and this time, she’s made history on her own terms.The Recording Industry Association of America (RIAA) a...
Jeju Dream Tower poised to dethrone Paradise as Korea’s top casino in 2025
Jeju Dream Tower Casino, operated by South Korea’s major tourism and leisure company, Lotte Tour Development Co., is on track to snatch the cr...
BTS’ FAKE LOVE tops 1 billion streams on Spotify; Jungkook’s 3D joins the club
BTS’ FAKE LOVE has surpassed 1 billion streams on Spotify, becoming the group’s fifth track to hit the milestone on the world’s la...
SK seeks to divest overseas units acquired from Dow Chemical, Arkema
SK Geo Centric Co. is approaching foreign petrochemical companies to sell the overseas units it acquired from Dow Chemical and France’s Arkema...
Over 10,000 Koreans hold more than 1 billion won in crypto assets
More than 10,000 South Koreans each hold cryptocurrencies worth over 1 billion won ($740,000), with their combined assets totaling 24 trillion won (...
GS E&C offloads Spanish water treatment arm GS Inima for $1.2 bn
GS Engineering & Construction Corp. (GS E&C) said on Friday it has agreed to sell its Spanish water treatment arm GS Inima Environment SA fo...
French specialty gas maker Air Liquide signs $2.9 bn deal to acquire DIG Airgas from Macquarie
Air Liquide SA, a French multinational industrial gas and services company, has signed a share purchase agreement to acquire South Korea’s DIG...
Jungkook’s ‘Seven’ becomes 1st K-pop solo track to surpass 2.5 bn streams on Spotify
BTS star Jungkook has once again shown the global pull of his music. According to Spotify, the world’s largest music streaming platform, his s...
Seoul calls for specific ethylene cut targets, demands shareholders’ fresh fund injections
South Korea’s financial regulators are calling on the country’s petrochemical producers to draw up sweeping self-rescue measures, includ...
BTS concert films to screen in 2,000 theaters worldwide
BTS is bringing some of their most unforgettable concerts to the big screen, offering fans around the world a chance to relive the excitement of the...
SK Ecoplant set to sell waste and water treatment units to KKR in $1.2 billion deal
SK Group is set to offload the waste management and water treatment arms of its construction affiliate, SK Ecoplant Co., to US private equity firm K...
NCSOFT surges past Krafton on robust Q2; high hopes for Aion 2 game release in H2
NCSOFT Corp., a major South Korean game developer and publisher, has regained its lead over rival Krafton Inc. in the stock market after posting str...
YNCC avoids default with $220 mn lifeline from DL Chemical, Hanwha
Yeochun NCC Co. (YNCC), South Korea’s third-largest ethylene maker, has narrowly avoided default as its shareholders – DL Chemical Co. a...
South Korea, Vietnam to nearly double bilateral trade to $150 billion by 2030
South Korea and Vietnam agreed Monday in Seoul to boost bilateral trade to $150 billion over the next five years, nearly double current levels, by e...
KPop Demon Hunters’ OST holds at No. 2 on Billboard 200; Golden eyes Hot 100 top spot
The original soundtrack (OST) to Netflix’s animated feature KPop Demon Hunters has held its No. 2 position on the Billboard 200 for a second c...
Hyundai overtakes Volkswagen as world’s 2nd most profitable carmaker
Hyundai Motor Group overtook Volkswagen Group as the world’s second most profitable carmaker in the first half, indicating the leading South K...
Celltrion in talks to buy Eli Lilly plant in US for $504 million
Celltrion Inc., South Korea’s biosimilar-developing leader, is in talks with Eli Lilly and Company to buy the American multinational pharmaceu...
Global investment banks raise S.Korea’s growth forecasts as trade tensions with US ease
Global investment banks are revising up their growth forecasts for South Korea, citing easing trade uncertainties and signs of a consumer-led recove...
KPop Demon Hunters’ Golden, Your Idol face off on Billboard chart
In a twist where fiction meets chart-topping reality, two songs from the animated universe of KPop Demon Hunters are now locked in a very real rival...
Blackpink’s Pink Venom MV surpasses 1 bn views on YouTube
K-pop sensation Blackpink has reached a new milestone, as the music video for Pink Venom surpassed 1 billion views on YouTube, YG Entertainment Inc....
S.Korea’s top 3 shipbuilders launch MASGA TF, eye 2-track strategy
South Korea’s three leading shipbuilders – HD Shipbuilding & Offshore Engineering Co., Hanwha Ocean Co. and Samsung Heavy Industries...
Global private equity firms line up for laundry chain Cleantopia, now up for grabs
JKL Partners, a South Korean private equity firm, is set to finalize a shortlist of bidders this month for Cleantopia, the country’s largest l...
Seoul’s tax reform hits top firms as US tariffs, tighter rules loom
South Korea’s finance ministry has finalized a tax reform plan that raises the top corporate tax rate by one percentage point to 25% and incre...
