Hong Byung Hee Seoul National University

South Korea's largest laundry service provider Cleantopia Co. was sold on Tuesday for about 190 billion won ($165 million) to Seoul-based JKL Partne...

South Korean music, entertainment and content firms are undergoing a major transformation in their business model. No longer is their discovery of n...

Michael ByungJu Kim, founder and chairman of Korea’s largest private equity firm MBK Partners, will donate 30 billion won ($26 million) to the...

South Korea’s capital city Seoul will set up a walking route full of beauty products, services and interactive programs for visiting tourists....

The Canada Pension Plan Investment Board (CPPIB) has named Suyi Kim, its Asia head, as the global chief of its private equity business, effective Se...

The lavish art collection donated by the Samsung Group following the death of group chairman Lee Kun-hee will be shown to the public from July 21. The...

Disney Plus, a global over-the-top (OTT) streaming service provider, has pushed back its South Korean service launch by about a quarter to the end o...

Woowa Brothers Corp., South Korea’s top food delivery app operator, has launched a last-mile indoor robot food delivery service, as people inc...

The National Pension Service (NPS) has been increasing its appetite for office buildings in the development stage as part of an effort to snatch up ...

For more than a century, Kodak was a household name for quality cameras that were treated as valuable possessions -- often kept in the cabinet and o...

Eyegene Inc. will be South Korea’s first vaccine maker to conduct clinical tests of messenger ribonucleic acid (mRNA) COVID-19 vaccines. Ealie...

Global streaming giant Netflix Inc. lost a South Korean court case on Friday, in the world's first ruling over a dispute about whether over-the-top ...

South Korea’s capital Seoul will be finally hosting the ABB FIA Formula E World Championship in August 2022, with BTS as the global ambassador...

South Korea’s major banks are rushing to Singapore as the city-state is emerging as a new financial hub in Southeast Asia, replacing the tradi...

Logistics IT platform service Barogo has successfully wrapped up an 80 billion won ($72 million) Series C round, far above the company's initial tar...

About eight years ago on Oct. 5, 2013, Song Byung-joon, the then-chief executive of South Korean mobile game developer Gamevil Inc., visited the off...

South Korea’s automakers are facing a drastic increase in manufacturing costs. Raw material prices are soaring and the global chip shortage re...

AIOBIO’s dental diagnostic devices will be covered by South Korea’s national health insurance from June 1. AIOBIO is the country’s...

Millennium Hilton Seoul, the venue of South Korea's 1997 negotiations to secure a $58 billion rescue package from the International Monetary Fund, w...

Office building prices in downtown Seoul set a fresh record high this month, with the highest price of one pyeong, or 3.3 square meters, surpassing ...

South Korea’s record-breaking Terra beer will begin exports to Hong Kong this month, and to Singapore and the United States from the latter ha...

Samsung Group founder Lee Byung-chul was known to be one of the most avid collectors of Korean antiques. Among his vast collection of priceless cult...

The Samsung Group heirs' announcement that they will donate some 23,000 pieces of art and cultural artifacts collected by the late Chairman Lee Kun-...

Hyosung TNC Corp., a South Korean textile and yarn maker, has unveiled garments made of eco-friendly polyester yarn extracted from recycled PET bott...

The late Samsung Chairman Lee Kun-hee’s lavish art collection is driving South Korea’s art circle to pressure lawmakers to amend the cou...

The Blackstone Group is working to set up a Seoul office, seven years after the US investment firm closed it down, in response to growing calls from...

Big Hit Entertainment Co., the label behind K-pop sensation BTS, and portal giant Naver Corp. are set to team up with Universal Music Group, the wor...

Brisk investment demand drove office building prices higher in Seoul and its southern neighboring area last year, with their combined transactio...

South Korea’s Fair Trade Commission (FTC) is lowering the bar for mergers and acquisitions by including potential rivals, which have yet to en...

South Korean game publisher NCSoft Corp. is fueling competition in the online entertainment platform market with the planned launch of its own app, ...