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...
LG Chem sells dermal filler business to VIG Partners for $144 mn
South Korea’s leading chemical company LG Chem Ltd. has agreed to sell its dermal filler business to the country’s major buyout fund VIG...
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 ...
Mirae Asset Securities’ Q2 profit soars as global ETF business thrives
Mirae Asset Securities Co. on Thursday reported an 83.1% jump in second-quarter operating profit to 540 billion won ($390 million) from the year pri...
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,...
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...
Hitachi mulls sale of Japanese appliance unit, Samsung potential buyer: Nikkei
Japanese conglomerate Hitachi is considering selling its domestic home appliance subsidiary as part of the group’s effort to focus on its soci...
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...
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...
Global private equity firms line up for laundry chain Cleantotopia, now up for grabs
JKL Partners, a South Korean private equity firm, is set to finalize a shortlist of bidders this month for Cleantopia, the country’s largest l...
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 ...
Samsung eyes earnings recovery in H2 on higher HBM sales
Samsung Electronics Co. expects its earnings to recover in the second half of this year, banking on rising demand for its premium high-bandwidth mem...
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...
Musk confirms $16.5 bn alliance with Samsung: 'Spoke with Lee via video call'
Elon Musk isn’t leaving any room for doubt when it comes to Tesla’s multibillion-dollar chip deal with Samsung Electronics Co.The Tesla ...
Samsung Chairman Lee heads to US as chips become key trade leverage
Samsung Electronics Co. Chairman Lee Jae-yong departed for the US on Tuesday, just days before the US-set Aug. 1 deadline for a trade deal, si...
Korea Investment & Securities, Muzinich & Co. explore strategic partnership on global credit portfolio
Korea Investment & Securities Co. (KIS), the brokerage unit of Korea Investment Holding Co., is exploring a strategic partnership with US privat...
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...
Samsung clinches $16.5 billion chipmaking deal from Tesla
Samsung Electronics Co., the world’s top memory chipmaker, has clinched a landmark contract chipmaking deal worth $16.5 billion from Tesla Inc...
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...
President Lee meets with Samsung chief amid stalled US-Korea trade talks
South Korean President Lee Jae-Myung met with Samsung Electronics Co. Chairman Lee Jae-yong on Thursday amid growing speculation that Seoul may leve...
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...
Kakao, Naver step up global AI hunt amid fierce tech race
South Korea’s internet pioneers, Kakao Corp. and Naver Corp., are ramping up overseas investments in artificial intelligence startups, shiftin...
LG launches ChatExaone AI beta service, available soon for enterprise use
South Korea’s fourth-largest conglomerate LG Group has made its artificial intelligence chatbot, ChatExaone, available to external users, sign...
Weverse BTS Community tops 30 mn subscribers, platform's largest
The BTS Community on Weverse, the online fan engagement platform where the boy band first announced plans to return as a full-member group next spri...
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...
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...
S.Korea’s most prominent business leader returns with all charges cleared
After nearly a decade spent fighting allegations of corporate wrongdoing, Samsung Electronics Co. Chairman Lee Jae-yong has been acquitted on all ch...
Korea Investment & Securities, UBP seek private banking partnership
Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., said on Thursday it has discussed a strategic partnership with...
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...
