Hyundai overtakes Volkswagen as world’s No. 2 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...
Korea’s YNCC at default risk on owners’ conflict amid petrochemical slowdown
Yeochun NCC Co. (YNCC), South Korea’s major petrochemical producer, is facing a default risk as its owners disagree over capital injections am...
China’s free-roaming tourists reshape South Korea’s visitor economy
For decades, megacity malls in Myeongdong and other neon hearts of Seoul have been the must-visit places for Chinese tourists, mostly in large group...
K-pop boys, K-beauty’s choice to accelerate global expansion
South Korean cosmetics brands are increasingly choosing K-pop boy bands over female artists to attract women, the primary consumers of beauty produc...
Aussie developer The Living Company targets Korean residential market
The Living Company, a leading Australian housing developer, on Thursday opened an office in Seoul to target South Korea’s residential market. ...
Air Liquide in exclusive talks for South Korea’s DIG Airgas for over $3.3bn
Air Liquide SA, a French multinational industrial gas and services company, is eyeing a return to South Korea after its exit a decade ago, as it is ...
Trump’s chip tariff threat stirs jitters; impact on Samsung, SK Hynix limited given MFN status
NEW YORK – A revived threat from US President Donald Trump to impose a 100% tariff on imported semiconductors has reignited concerns in South ...
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...
Korea’s retail giant E-Land mulls sale of some F&B brands
South Korea’s retail giant E-Land Group is considering restructuring its food and beverage (F&B) business by selling struggling dining and...
Samsung to produce Apple’s next-gen chips at US foundry plant
The global memory chip powerhouse Samsung Electronics Co. will produce chips for Apple Inc. at its semiconductor manufacturing facilities in the US,...
Blackpink’s Rosé earns 8 nominations at MTV VMAs 2025: 'I’m at a loss for words'
Rosé, a member of K-pop powerhouse Blackpink and an established solo artist, has been nominated in eight categories at the 2025 MTV Video M...
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...
Global investment banks raise S.Korea’s growth forecasts as trade tensions with US ease
Global investment banks are revising up their growth forecasts for South Korea, citing easing trade uncertainties and signs of a consumer-led recove...
LG CNS to build AI data center in Indonesia, first for Korean firm
LG CNS Co., the information technology services unit of South Korea’s LG Group, has bagged a deal to build an artificial intelligence-ready da...
SK divests of Vingroup stake for $1 bn in restructuring move
SK Group has cashed out its entire 6.05% stake in Vingroup, Vietnam’s largest conglomerate, for more than 1.3 trillion won ($935.5 million), c...
JP Morgan advises sale of Korea’s professional network Remember
JP Morgan has been appointed to lead the sale of Remember & Company, the South Korean firm behind the country’s popular business card and ...
Lotte’s casino earnings soar as Chinese punters return to Jeju; other casino operators follow suit
Lotte Tour Development Co. has posted its highest-ever quarterly operating profit, powered by a surge in Chinese tourists to South Korea’s top...
Korea’s homegrown OTT Watcha under court receivership as startup failures mount
South Korea’s homegrown streaming platform Watcha Inc. has entered court receivership after a Seoul court approved a creditor-led filing for c...
Seoul downtown office glut fears overblown: Savills Korea CEO
The prime office market in core business districts in Seoul is expected to remain strong, said Savills Korea chief, citing limited new supply and th...
Naver, LG, SK, NC, Upstage named to build S.Korea’s sovereign AI model to challenge ChatGPT
South Korea has chosen five technology firms, including LG, Naver and SK Telecom Co., to spearhead the country’s flagship sovereign AI initi...
Korea’s IPO market revives as newly listed stocks surge
South Korea’s initial public offering (IPO) market is reviving, with long-awaited companies such as the creator of the global hit Baby Shark p...
K-beauty diversifies markets for global growth amid US tariffs
South Korean beauty brands are diversifying overseas markets to accelerate global expansion, as 15% US tariffs and intensifying competition may hind...
CLSA, Citi, JPMorgan slam South Korea’s tax reform plans as anti-market
South Korea’s latest tax overhaul is triggering a wave of criticism from foreign investment banks, with analysts warning that the proposed tax...
Blackpink’s Pink Venom MV surpasses 1 bn views on YouTube
K-pop sensation Blackpink has reached a new milestone, as the music video for Pink Venom surpassed 1 billion views on YouTube, YG Entertainment Inc....
S.Korea’s top 3 shipbuilders launch MASGA TF, eye 2-track strategy
South Korea’s three leading shipbuilders – HD Shipbuilding & Offshore Engineering Co., Hanwha Ocean Co. and Samsung Heavy Industries...
Seoul’s tax reform hits top firms as US tariffs, tighter rules loom
South Korea’s finance ministry has finalized a tax reform plan that raises the top corporate tax rate by one percentage point to 25% and incre...
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 ...
Coca-Cola names BTS’ V as new brand ambassador: 'Excited to share the thrill'
Coca-Cola has a new face — and it’s none other than V of BTS. The beverage giant announced Thursday that the global K-pop star has ...
KKR in exclusive talks to buy SK Ecoplant’s waste unit for $1.1 bn
Global private equity giant KKR & Co. Inc. is in advanced talks to acquire the waste management arm of SK Ecoplant Co., a South Korean construct...
