S.Korea’s Lee to visit Japan next week for talks with Ishiba, resumes shuttle diplomacy

South Korean President Lee Jae Myung will travel to Japan next week for talks with Prime Minister Shigeru Ishiba, resuming the so-called shuttle dip...

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...

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...

South Korea’s Lee completes cabinet lineup with IT executive, lawmaker

South Korean President Lee Jae Myung has tapped an information technology firm executive as culture minister and a ruling party lawmaker as land min...

S.Korea to elevate science minister to deputy prime minister to lead in AI race

South Korea will elevate its new science minister to a deputy ministerial post, giving him authority to serve as the top coordinator of the governme...

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...

S.Korea names budget veteran as finance minister to prop up economy

South Korean President Lee Jae-myung on Sunday appointed Koo Yoon-cheol, former head of the budget office, as finance minister as the government is ...

S.Korea to have 1st civilian defense minister in decades, career technocrats

South Korean President Lee Jae-myung on Monday announced a sweeping Cabinet reshuffle, naming a mix of career technocrats, senior lawmakers and &mda...

S.Korea’s Lee, Japan’s Ishiba agree to deepen ties, resume shuttle diplomacy

KANANASKIS, Canada – South Korea’s newly elected President Lee Jae-myung held his first summit with Japanese Prime Minister Shigeru Ishi...

US-South Korea talks scrapped after Trump's early G7 exit

A planned meeting between South Korean President Lee Jae-myung and US President Donald Trump was canceled on Monday after Trump unexpectedly left ...

S.Korean President Lee, Japanese Prime Minister Ishiba seek closer ties

South Korea’s newly elected President Lee Jae-myung on Monday had his first official telephone conversation with Japanese Prime Minister Shige...

Lee names nominees for prime minister, spy agency chief, other key posts

South Korean President Lee Jae-myung on Wednesday unveiled his nominees for major government posts, including prime minister and spy agency chief, i...

Lee Jae-myung vows to end politics of division, seek pragmatic diplomacy

Lee Jae-myung was formally sworn in as South Korea’s new president on Wednesday, pledging to unite a divided nation, revitalize the economy an...

Seoul’s prime office transactions rise 6% in Q1 despite weak sentiment

Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter,...

Maybe Happy Ending: A robot love story that rewrote Broadway playbook

On an unremarkable evening in November 2024, inside the opulent Belasco Theatre in Manhattan, something quietly historic was taking place.A delicate...

Seoul, Washington agree on July tariff deal framework in '2+2' trade talks

WASHINGTON, D.C. – South Korea and the US have agreed to work together to craft a comprehensive tariff-liberalization package by July 8, marki...

Shinhan REITs picked as sole bidder for BNK Digital Tower

Shinhan REITs Management is expected to acquire BNK Digital Tower, an office building in the affluent neighborhood of Gangnam in southern Seoul, aft...

BNK's planned acquisition of Hyundai Motor Securities building falters

BNK Asset Management Co.'s bid to acquire the Hyundai Motor Securities building in central Seoul has hit a stumbling block as the main tenant, Hyund...

Parliament passes bill to expand boards’ fiduciary duties

South Korea's National Assembly on Thursday passed an amendment to the Commercial Act to expand boards of directors’ fiduciary duties to minor...

Small firms emerge as prime targets of management disputes in Korea

Small and medium-sized enterprises (SMEs) accounted for the majority of disputes over corporate management control in South Korea last year, with th...

Koramco seeks to sell Seoul prime office tower in $272 million deal

South Korea’s Koramco REITs Management & Trust Co. is poised sell a prime office building in Seoul in an estimated 400 billion won ($272 m...

Korea’s new acting president assures economy resilient, security tight

South Korea’s new Acting President Choi Sang-mok said on Friday he is confident that the country’s economy is resilient and its national...

South Korea’s sovereign credit rating stable: S&P, Moody's, Fitch

South Korea’s sovereign ratings remain stable despite the political turmoil caused by the short-lived martial law declaration of President Yoo...

South Korea’s economic system remains resilient: finance minister

The South Korean economy is solid, and the government will take “bold and swift’’ actions if needed to stabilize Asia’s four...

Samsung primed for graphics chip leadership with 24 Gb GDDR7

Samsung Electronics Co., the world’s largest memory chipmaker, has unveiled the industry’s first 24 gigabit (Gb) graphics DRAM chip, opt...

Korea’s finance min, central bank chief to take on demographic crisis

South Korea’s finance minister and central bank chief on Monday agreed to address the world’s lowest fertility rate, a most urgent task ...

HD Hyundai establishes foundation for shipyard accident victims

South Korea's HD Hyundai Co. established the HD Hyundai Hope Foundation (tentative name) to support the families of victims of major industrial acci...

Korean cosmetics, Amazon Prime Day’s top beauty products

South Korean cosmetics were top picks among beauty products of Amazon Prime members during the global leading e-commerce platform’s largest an...

Seoul prime office deals at 10-year low on rate uncertainty

Prime office transactions in Seoul hit a 10-year low in the second quarter due to delayed fundraising amid uncertainties of the central bank’s...

LG Chem promises extra $14.4 million in aid over Indian gas leak

South Korea’s top chemicals maker LG Chem Ltd. said on Wednesday it will offer an additional 1.2 billion Indian rupees ($14.4 million) in huma...