POSCO eyes KDB’s $5 bn stake in HMM to enter shipping industry
POSCO Group, South Korea’s largest steel and energy raw materials producer, has embarked on the process to acquire a controlling stake, worth ...
K-pop group i-dle poised to captivate Japan with full-scale debut in October
K-pop girl group i-dle is gearing up for a big October, bringing their music and energy straight to Japanese fans with their very first arena tour. ...
S.Korea posts record July current account surplus on chips; full-year figure seen at $110 billion
South Korea, Asia’s fourth-largest economy, chalked up a record July current account surplus, powered by a surge in semiconductor and car expo...
S.Korea seeks to join Japan-led CPTPP economic alliance amid Trump-era tariff risks
South Korea is seeking to join a 12-member multilateral economic and trade alliance led by Japan to hedge against intensifying US-China rivalry and ...
KPop Demon Hunters fever draws record foreign visitors to Seoul
Fueled in part by the global sensation of KPop Demon Hunters, a hit Netflix animated film, foreign visitors to Seoul surged to a record high in July...
Overseas equity boom lifts foreign currency deposits to record levels in South Korea
South Korea’s securities firms are sitting on record levels of foreign currency deposits as retail investors pile into overseas securities, pr...
Stray Kids surpass BTS with record 7 straight No. 1 albums on Billboard 200
Stray Kids have done what no artist — not even BTS — has achieved before: seven consecutive No. 1 albums on the Billboard 200.Billboar...
South Korea eyes record 8.1% budget hike with big AI push
South Korea’s government on Friday unveiled its largest-ever budget increase, pledging to ramp up spending on technology and social programs t...
Jennie sets new K-pop solo record with 2 new RIAA Gold certifications
Jennie has done it again — and this time, she’s made history on her own terms.The Recording Industry Association of America (RIAA) a...
Jeju Dream Tower poised to dethrone Paradise as Korea’s top casino in 2025
Jeju Dream Tower Casino, operated by South Korea’s major tourism and leisure company, Lotte Tour Development Co., is on track to snatch the cr...
BTS’ FAKE LOVE tops 1 billion streams on Spotify; Jungkook’s 3D joins the club
BTS’ FAKE LOVE has surpassed 1 billion streams on Spotify, becoming the group’s fifth track to hit the milestone on the world’s la...
French specialty gas maker Air Liquide signs $2.9 bn deal to acquire DIG Airgas from Macquarie
Air Liquide SA, a French multinational industrial gas and services company, has signed a share purchase agreement to acquire South Korea’s DIG...
South Korea’s president to visit US with 15 business leaders after Japan
South Korea’s President Lee Jae Myung will travel to Japan and the US starting on Aug. 23, accompanied by 15 business leaders from the country...
Harman sells system integration unit to Wipro to sharpen audio focus
Harman International Industries Inc., wholly owned by Samsung Electronics Co., has sold its digital transformation solutions (DTS) unit to India&rsq...
KHNP in joint venture talks with Westinghouse to target US nuclear market
South Korea's state-run Korea Hydro & Nuclear Power Co. (KHNP) is in talks with Westinghouse Electric Co. to form a joint venture (JV) with an a...
Korea to tighten stewardship code with workplace safety penalties; accident-prone firms remain wary
South Korea is preparing sweeping changes to its stewardship code that will allow public pension funds and other institutional investors to penalize...
HD Hyundai to build quantum-secure network for shipbuilding, defense
HD Hyundai Co., the parent of the world’s largest shipbuilder, HD Hyundai Heavy Industries Co., will build a quantum cryptography communicatio...
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...
KT reports record operating profit on robust AI business in Q2
South Korea’s major mobile carrier KT Corp., which has picked artificial intelligence as its next growth engine, posted record-high quarterly ...
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 ...
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...
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...
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 ...
KPop Demon Hunters sets record as Netflix’s most-watched anime
KPop Demon Hunters has become the most-watched original animated film of all time on Netflix, according to a Facebook post by the streaming platform...
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...
BTS live album debuts at No. 10 on Billboard 200, setting new K-pop record
BTS’s first live act album Permission to Dance on Stage – Live debuted at No. 10 on the Billboard 200 albums chart dated Aug. 2, accordi...
Seoul likely to miss US tariff deal deadline as Washington abruptly cancels 2+2 trade talks
The United States has abruptly postponed high-level trade talks with South Korea, raising concerns in Seoul that it is slipping down Washington&rsqu...
SK Hynix logs record profit in Q2, sees stronger H2 ahead
SK Hynix Inc., the largest supplier of artificial intelligence chips to Nvidia Corp., reported its highest-ever quarterly results, with double-digit...
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...
