Korea passes controversial ‘Yellow Envelope Act’, invites backlash from employers, foreign firms

Korea passes controversial ‘Yellow Envelope Act’, invites backlash from employers, foreign firms

South Korea’s Parliament has approved sweeping labor reforms known as the “Yellow Envelope Act,” inviting a fierce backlash from e...

S.Korea’s Lee heads to high-stakes summit with Trump after closing ranks with Ishiba

S.Korea’s Lee heads to high-stakes summit with Trump after closing ranks with Ishiba

South Korean President Lee Jae Myung is flying to Washington after a high-profile visit to Tokyo, where he sought to repair ties with Japan ahead of...

Jungkook’s ‘Seven’ becomes 1st K-pop solo track to surpass 2.5 bn streams on Spotify

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...

BTS concert films to screen in 2,000 theaters worldwide

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...

S.Korea’s Lee to visit Japan next week for talks with Ishiba, resumes shuttle diplomacy

S.Korea’s Lee to visit Japan next week for talks with Ishiba, resumes shuttle diplomacy

South Korean President Lee Jae Myung will travel to Japan next week for talks with Prime Minister Shigeru Ishiba, resuming the so-called shuttle dip...

NCSOFT surges past Krafton on robust Q2; high hopes for Aion 2 game release in H2

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...

S.Korea-US summit set for Aug. 25 with focus on security, economy

S.Korea-US summit set for Aug. 25 with focus on security, economy

President Lee Jae Myung of South Korea and US President Donald Trump will meet face to face for the first time on Aug. 25 in Washington to discuss a...

Hyundai overtakes Volkswagen as world’s 2nd most profitable carmaker

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...

S.Korea-US summit likely set for Aug. 25; Vietnam’s top leader to fly to Seoul for state visit

S.Korea-US summit likely set for Aug. 25; Vietnam’s top leader to fly to Seoul for state visit

South Korean President Lee Jae Myung will likely have a summit meeting with his US counterpart Donald Trump later this month amid a flurry of high-l...

S.Korea to grant visa-free entry to Chinese tourist groups from September

S.Korea to grant visa-free entry to Chinese tourist groups from September

South Korea will temporarily allow visa-free entry for tourist groups from China starting Sept. 29 through June 2026, the government said on Wednesd...

Woori Investment's IPO market entry set to intensify SME underwriting rivalry

Woori Investment's IPO market entry set to intensify SME underwriting rivalry

Woori Investment & Securities Co. has launched an initial public offering-dedicated unit within its corporate finance division in its foray into...

Keistone Partners acquires e-commerce logistics firm GoodsFlow from SK Energy

Keistone Partners acquires e-commerce logistics firm GoodsFlow from SK Energy

Keistone Partners has acquired GoodsFlow Co., an e-commerce logistics service provider, from oil refiner SK Energy Co. in a deal valued at around 50...

South Korea, US agree to 15% tariff rate; shipbuilding central to deal

South Korea, US agree to 15% tariff rate; shipbuilding central to deal

South Korea and the United States have reached a trade agreement setting the new US tariff rate at 15%, down from the previously announced 25%, with...

SK Innovation to Merge SK On and SK Enmove to Strengthen Battery Unit

SK Innovation is betting big on an internal reshuffle to turn things around for its struggling battery business.The South Korean energy and chemicals ...

Bundang Doosan Tower up for sale; Doosan Group holds right of first refusal

Bundang Doosan Tower up for sale; Doosan Group holds right of first refusal

Bundang Doosan Tower, a landmark office building in the Seoul metropolitan area, is up for sale as its owner, Koramco REITs Management & Trust C...

Bain Capital set to acquire HS Hyosung Advanced Materials' tire cord business

Bain Capital set to acquire HS Hyosung Advanced Materials' tire cord business

US private investment firm Bain Capital is poised to acquire HS Hyosung Advanced Materials Corp.'s tire steel cord business in a deal estimated...

Blackpink’s Jump music video draws 100 mn YouTube views

Blackpink’s Jump music video draws 100 mn YouTube views

Blackpink’s music video for their new single Jump has attracted 100 million views on YouTube in just 15 days since its release, according to i...

KB Asset poised to buy Signature Tower in Seoul for over $700 mn

KB Asset poised to buy Signature Tower in Seoul for over $700 mn

KB Asset Management Co. has been named the preferred buyer of Signature Tower in what would be a landmark office property deal in South Korea this y...

Hyundai Mobis defies tariff headwinds with 37% jump in Q2 profit

Hyundai Mobis defies tariff headwinds with 37% jump in Q2 profit

South Korea’s top auto parts maker Hyundai Mobis Co. posted a 36.8% year-on-year rise in second-quarter operating profit, buoyed by a strategi...

PwC Korea named to lead $360 mn sale of K Shipbuilding; preferred buyer likely by year-end

PwC Korea named to lead $360 mn sale of K Shipbuilding; preferred buyer likely by year-end

K Shipbuilding Co., once a rising star in South Korea’s shipbuilding industry under the STX Group, is returning to the auction block – t...

TWICE scores 7th Top 10 entry on Billboard 200 with This Is For album

TWICE scores 7th Top 10 entry on Billboard 200 with This Is For album

South Korean girl group Twice has extended their Billboard streak, landing at No. 6 on the Billboard 200 this week with their new album This Is For ...

Blackpink’s Jump tops Spotify Global Chart, sets K-Pop record

Blackpink’s Jump tops Spotify Global Chart, sets K-Pop record

With their latest digital single Jump, Blackpink has become the first – and so far only – South Korean act to top Spotify’s Global...

Korea Investment & Securities, UBP seek private banking partnership

Korea Investment & Securities, UBP seek private banking partnership

Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., said on Thursday it has discussed a strategic partnership with...

KPop Demon Hunters OST lands at No.6 on Billboard Hot 100

KPop Demon Hunters OST lands at No.6 on Billboard Hot 100

The original soundtrack Golden from Netflix’s hit animated movie KPop Demon Hunters has made chart history, becoming the first track by a virt...

Blackpink's new single Jump tops Spotify daily chart

Blackpink's new single Jump tops Spotify daily chart

Blackpink's new single Jump has rocketed to No. 1 on the Spotify Daily Top Songs Global chart, YG Entertainment Inc., the company behind the girl gr...

Return of the K-pop queens: Blackpink, Twice power up YG, JYP

Return of the K-pop queens: Blackpink, Twice power up YG, JYP

Blackpink and Twice, two of South Korea’s most prominent K-pop female acts, made high-profile returns on Friday with new releases, heightening...

BTS’ Jungkook, IU crowned most-loved K-pop artists worldwide

BTS’ Jungkook, IU crowned most-loved K-pop artists worldwide

BTS’ Jungkook and IU, a singer and actress, have claimed the top spots on the most-favorite K-pop artist charts in both the male and female ca...

Blackpink roars back with Deadline world tour after 2-year hiatus

Blackpink roars back with Deadline world tour after 2-year hiatus

Blackpink has made a dazzling return with its electrifying new song, “Jump,” igniting excitement for its first world tour in almost two ...

LG Group executives to meet with Honda CEO to explore partnership

LG Group executives to meet with Honda CEO to explore partnership

LG Group is accelerating its efforts to build a partnership with Honda Motor Co. as South Korea's fourth-largest conglomerate beefs up its automotiv...

Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts

Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts

A fictional K-pop boy band from a Netflix animated feature has achieved what few real-world Korean acts have – to top the US Spotify chart.You...

Korea passes controversial ‘Yellow Envelope Act’, invites backlash from employers, foreign firms S.Korea’s Lee heads to high-stakes summit with Trump after closing ranks with Ishiba Bill Gates strengthens ties with Samsung, SK, HD Hyundai on energy, biotech, philanthropy projects GS E&C offloads Spanish water treatment arm GS Inima for $1.2 bn S.Korea cuts growth outlook to 0.9%, banks on AI to reignite economy