Korea's pharmacies emerge as K-beauty destinations for tourists
On the afternoon of July 31, a sign at the entrance of Ready Young Pharmacy in Seoul's Donggyo-dong neighborhood welcomed visitors in Chinese, Japan...
Investors dump Korean shares after tax reform; won plunges
Investors rushed to sell off South Korean stocks across the board, which dragged down the Korean currency value on Friday after the government annou...
Winners & losers: S.Korean industries navigate uneven US tariff terrain
From a shipbuilding boon to steel-sector gloom, South Korea’s export-reliant industries face diverging paths after Seoul struck a tariff deal ...
Fabless chip unicorn FuriosaAI raises $120 mn in new funding
South Korea’s AI chip designer FuriosaAI Inc. said on Thursday it has raised 170 billion won ($120 million) in bridge funding from about 40 in...
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 ...
S.Korea to expand growth fund to $110 bn to nurture 'Korean Nvidia'
South Korea is considering creating a 150 trillion won ($110 billion) national fund to support high-tech industries as part of President Lee Jae-myu...
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...
Hanwha vice chairman joins S.Korean delegation to avert US tariffs
With the US-EU tariff deal sealed, South Korea is ramping up a last-ditch push to strike its own agreement before the US-set Aug. 1 deadline, playin...
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...
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...
GM CEO Mary Barra quells Korea exit talk amid mounting auto tariff pressures
US auto giant General Motors Co. is regarding its South Korean factories as central to its global supply chain, particularly for compact SUVs and el...
Hanwha Philly Shipyard wins 1st export-bound US LNG carrier order in 50 yrs
Hanwha Philly Shipyard has secured a 348 billion won ($250 million) order to build a liquified natural gas (LNG) carrier for Hanwha Shipping LLC, ma...
South Korea, US to resume trade talks ahead of tariff deadline
South Korea’s finance minister will discuss tariff issues with his US counterpart in Washington this week, marking the first trade talks under...
Jennie, J-Hope, Jin sweep Spotify’s global K-pop rankings for mid-2025
K-pop icons Jennie of Blackpink and BTS members Jin and J-Hope have taken over Spotify’s mid-year 2025 Global Impact List, claiming the majori...
Korean budget carriers in the red as Japan travel slows, fare war intensifies
South Korea’s low-cost carriers (LCCs) are racking up losses as slowing growth in travel, particularly to Japan, fueled price wars to fill exc...
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...
IMM PE pitches A’pieu sale in breakup of struggling Able C&C
IMM Private Equity Inc. is pursuing a separate sale of A’pieu, a color makeup brand under Able C&C Co., as the Seoul-based private equity ...
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...
Maru SF to open in Silicon Valley in November as Korean startup gateway
Maru SF, a startup campus and networking hub operated by the Asan Nanum Foundation, will open in Silicon Valley this November, marking the organizat...
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...
Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity
Lotte Rental Co., South Korea’s No. 1 car rental and leasing company, is facing a backlash from a key minority shareholder over its planned ri...
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...
K-beauty craze sends Olive Young online sales to new heights
CJ Olive Young Corp., South Korea’s top beauty store chain, is another beneficiary of the global K-beauty surge, with its online cosmetics sal...
LG links up with Chinese rivals for budget appliance supremacy
LG Electronics Inc. has turned its rivals into allies in an unlikely pact to win the budget appliance war and ward off Chinese competitors rapidly e...
POSCO to supply HIC-resistant steel for Aramco’s Fadhili gas plant
POSCO, South Korea’s largest steelmaker, will supply hydrogen-induced cracking (HIC)-resistant steel to Saudi Arabian Oil Co., or Aramco, for ...
Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media
What was once a world of elves, dragons and power-ups is now giving rise to one of South Korea’s most unexpected tech revolutions, with game s...
South Korean airlines bank on China routes for profit recovery
South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabili...
IMM Credit closes $700 mn blind credit fund backed by NPS
IMM Credit & Solutions Inc. (ICS), the private credit unit of South Korea’s major investment firm IMM Holdings Inc., has raised nearly 1 t...
