K pop culture boom

The initial public offering of South Korea's LG Energy Solution Ltd. drew a record 11,500 trillion won ($9.65 trillion) in bids from institutional i...

Netflix Inc. plans to release 10 additional Korean-language originals this year as the smash success of Squid Game has impelled the world’s to...

Materials, components and equipment makers drove South Korea's mergers and acquisitions market to a record high last year, with smaller deals involv...

Hotel Lotte Co., retail conglomerate Lotte Group’s luxury hotel operator, completed the acquisition of Kimpton Hotel Monaco in Chicago for $...

When Dia Kang first moved to Silicon Valley in October 2016 to create a dance app to learn K-pop moves, there was no worldwide pandemic. By Jan...

South Korea’s HK inno.N Corp. has signed a 640 billion won ($540 million) contract to license out its technology for K-CAB, a gastroesophageal...

South Korea’s KB Investment Co. and US venture capitalist Strong Ventures LLC have invested in Stan World, a K-pop metaverse platform operator...

K Auction, South Korea’s No. 2 art auction house, is set to go public in January 2022 as it aims to court the domestic leader Seoul Auction Co...

Persona Space, a subsidiary of South Korean metaverse company Galaxy Corp., said on Dec. 16 it has attracted 10 billion won ($8.5 million) investm...

Meta fashion, a combination of fashion, metaverse, and NFT, is becoming a global trend. The MZ generation, as those in their 20s and 30s are ca...

Kimchi exports hit record high Kimchi, Korea’s traditional fermented food, is raising its status in the global food market. Korea exported $1...

ViacomCBS Inc., one of the top four US media conglomerates, and CJ ENM Co., South Korea’s entertainment powerhouse, have teamed up to expand t...

Korea’s government-backed fund of funds (FOF) management institution announced its latest selection of funds late last month, which would bene...

Last week, a piece of non-fungible token art by digital artist Jang Koal was sold for more than 3.5 bitcoin or around 200 million won ($168,314) on ...

It appears the world’s top boy band BTS will have to serve in the South Korean military as lawmakers in the country have so far failed to agre...

Costa Rican President Carlos Alvarado Quesada has praised South Korean movies such as the Oscar-winning Parasite and drama series such as Squid Game...

Lotte Chemical Corp. is seeking to acquire major stakes in a few specialty chemical companies in Japan as the South Korean company aims to expand it...

Overseas technology transfers from South Korean biotechs and pharmaceutical manufacturers this year have exceeded 11 trillion won ($9.3 billion), al...

K-pop artists such as BTS and TWICE are set to resume global live concerts – suspended by the global pandemic for about two years – as c...

BB.Q Chicken has brought its Korean fried chicken to Hawaii, one of the world’s top tropical resort destinations, as it aims to raise its bran...

Hyundai Motor Co., South Korea’s top automaker, is opening Genesis House New York, a sophisticated showroom, in the trendy Meatpacking Distric...

Success of Korean films on OTT platforms South Korea posted a surplus in its intellectual property rights trade balance in the first half of 2021. ...

Song Jae-yong, a leader of the new business taskforce team at South Korea’s CJ ENM Co. went to New York in 2013 to have business meetings for ...

The National Pension Service (NPS) has achieved an average 9.65% return on investments as of the end of August, driven by overseas equity divestment...

Executives and employees of top K-pop agencies such as SM Entertainment Co. and YG Entertainment Inc. are expected to earn huge capital gains from...

DearU Co, a K-pop fandom platform in South Korea, priced its initial public offering above the price range on Thursday thanks to heated demand. The ...

The world’s biggest boy band is joining forces with the world’s largest music company.South Korea’s BTS has agreed to a ...

Musicow Inc., South Korea's first music copyright trading platform, has embarked on the process to go public on the back of its eye-catching growth ...

No company would know better than DearU Inc. that powerful fandom can turn into fast money.The South Korean startup that started as a software devel...

The surging demand for raw materials around the world are driving sharp sales rebounds of South Korea’s two leading equipment makers Hyundai C...