IMM joins $600 mn fund for K-beauty unicorn Goodai Global in M&A drive

IMM Private Equity and five other South Korean private equity firms are set to invest a total of 800 billion won ($600 million) in Goodai Global Inc...

CJ ENM sets up Korea’s 1st Middle East entertainment unit in Saudi Arabia

CJ ENM Co., South Korea’s largest film studio and distributor, has established a subsidiary in Riyadh, Saudi Arabia – the first Middle E...

US tariffs dent Hyundai Motor's Q2 earnings despite solid sales

Hyundai Motor Co. on Thursday reported its first double-digit profit fall in five years in the second quarter despite posting record second-quarter ...

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...

S.Korea’s ruling party gears up for won-based stablecoin legislation

South Korea’s push to launch won-based stablecoins is taking shape as the ruling Democratic Party unveiled proposed legislation to promote cry...

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 ...

K-beauty brands shine among Amazon’s 2025 Prime Day bestsellers

Cosmetics and beauty devices made by South Korean companies dominated Amazon’s biggest summer shopping event this year, Prime Day, underscorin...

Yes, it’s K-beauty: Strong buying appetite for makeup brands even before they're up for sale

In South Korea’s M&A landscape, beauty companies are no longer waiting to put themselves on the market. They’re being courted before...

Hanwha-owned burger chain Five Guys Korea up for sale two years after launch

South Korea’s Hanwha Group is seeking to sell the Korean operations of US premium burger chain Five Guys, two years after the brand’s hi...

Vietnam’s top leader to make 1st South Korea visit in 11 years

To Lam, general secretary of Vietnam’s Communist Party and the country’s de facto ruling leader, is expected to make a state visit to So...

HYBE sparks summer vibes with BTS live album, TXT comeback, new boy band launch

HYBE Co., a South Korean music powerhouse, is turning up the heat this summer with a wave of major releases, including a live album from its flagshi...

At home, K-convenience stores battle stagnation; abroad they're powerful K-food ambassadors

In the bustling backstreets of Ulaanbaatar, shoppers file out of a CU convenience store with instant tteokbokki, or simmered Korean rice cake, packs...

Deal graveyard: S.Korean F&B franchise sales left without takers

Korean food is making waves globally, but back home, the story is different for food and beverage franchise operators. Franchisors in South Korea ar...

Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead

Samsung Electronics Co. is supplying a new high-performance image sensor featuring nanoprism technology to China’s Xiaomi, as the South Korean...

Hyundai premieres IONIQ 6 N: Latest motorsport DNA for electric age

In a dramatic showing on the famed hill climb of West Sussex, Hyundai Motor Co. on Thursday debuted the IONIQ 6 N, its second high-performance elect...

Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold

NEW YORK – Samsung Electronics Co. plans to release its first triple-folding smartphone by the end of this year to fend off growing competitio...

Samsung to buy US health tech firm Xealth in digital health push

Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses ...

Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates

Once an afterthought in the global food trade, South Korea’s signature spices and sauces, ranging from fiery gochujang to fermented doenjang, ...

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 ...

Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs

The sale of Pangyo Tech 1, a landmark office tower in Pangyo, South Korea’s answer to the US' Silicon Valley, has drawn strong bidding interes...

IGIS Asset resumes sale of KIC-backed Shilla Stay Seodaemun

Shilla Stay Seodaemun has been put on the market again amid signs of a recovery in South Korea’s hospitality industry, after earlier attempts ...

The wait is over: BTS are back with new album, global tour in spring 2026

Now the wait is over.BTS are back – as a full-member group after a four-year hiatus.The seven-member boy band is returning with a new album in...

Netmarble to debut new games with fresh IPs, platforms in second half

Netmarble Corp. is gearing up for a strong year-end with plans to launch at least six more new games, powered by original intellectual properties, a...

NPS, Scape acquire Aussie senior living operator Aveo from Brookfield

South Korea’s state-run pension fund, the National Pension Service (NPS), has partnered with Australia’s student housing specialist Scap...

S.Korea’s pension fund NPS posts weaker returns amid US tariff concerns

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is posting sh...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel

JKL Partners Inc., a Seoul-based private equity firm, is set to acquire London Bagel Museum, a growing sensation in South Korea’s booming prem...

SK Hynix joins Samsung in 200 trillion won market cap club

SK Hynix Inc. surpassed 200 trillion won ($147 billion) in market capitalization on Tuesday, becoming the second Korean stock in history to cross th...

Hana Asset launches ultra-low-fee Nasdaq 100 ETF

Hana Asset Management Co. will list the “1Q US Nasdaq 100 ETF” on Tuesday, an exchange-traded fund that tracks the Nasdaq 100 index with...

Even barcodes copied: Counterfeits invasion threatens K-brands

Counterfeit Korean beauty, fashion and food products are surging on overseas e-commerce platforms, with lookalike packaging making them hard to dist...

KakaoBank rallies after winning Thai virtual banking license

Shares in KakaoBank Corp. soared as much as 17% to hit their highest level in nearly three years on Friday after the South Korean internet-only bank...