HYBE Bang under financial watchdog’s scrutiny for alleged unfair trading

Bang Si-hyuk, founder and chairman of HYBE Co., the South Korean entertainment giant behind K-pop global sensation BTS, could face investigation by ...

South Korea asks US for tailored approach to chip tariffs

South Korea has officially requested that the US take a distinct approach in its ongoing probe into foreign semiconductor technology and related dow...

POSCO to sell entire stake in Nippon Steel, ending equity ties

POSCO Holdings Inc. has decided to sell its entire stake in Nippon Steel Corp., according to industry sources on Wednesday, marking the end of their...

Dongkuk to file anti-dumping petition vs Chinese color steel imports

Dongkuk Coated Metal Co. and SeAh Steel Corp. are set to file an anti-dumping complaint against Chinese rivals in March as the country plans to impo...

South Korea’s steel imports from China at 7-year high

South Korea’s imports of steel products from China climbed to their highest level in seven years despite a decrease in its total steel imports...

TMON, WeMakePrice file for court receivership amid liquidity troubles

TMON Inc. and WeMakePrice Co. – the e-commerce platforms owned by Singapore-based Qoo10 Pte. – have filed for court receivership amid co...

Lotte Mart renewed Hanoi Store as K-food special

South Korea's Lotte Mart said on Thursday it renewed its Hanoi Center store into a grocery specialty outlet, catering to the growing demand for Kore...

S.Korean companies open K-food section at Amazon

South Korean small and medium-sized enterprises (SMEs) will showcase Korean food (K-food) on Amazon, the world's largest e-commerce platform, the Mi...

Dongbu Corp exceeds $730 bn in new orders

South Korea's Dongbu Corporation surpassed 1 trillion won ($727 million) in new orders this year by securing a 200 billion won ($145 million) railwa...

LS Electric wins $23 mn order for Thai railway signal system

South Korea's LS Electric Co. won a contract from the State Railway of Thailand to construct a railway signaling system for a 177 km section between...

HYBE to fire NewJeans agency CEO; Min refutes accusation

HYBE Co. is seeking to sack Min Hee-jin, the chief of ADOR, its label behind globally popular girl group NewJeans, as it investigates allegations th...

POSCO taps ex-President Chang In-hwa as its next group chairman

POSCO Holdings Inc., the parent of South Korea’s largest steelmaker POSCO, has nominated former President Chang In-hwa as its next group chair...

Kakao inspects SM Entertainment’s management   

Kakao Corp. has embarked on a special inspection of SM Entertainment Co.'s financial reporting for the first time since the South Korean internet gi...

POSCO chair, board under investigation ahead of new CEO selection

Police in Seoul have launched a probe into South Korea’s POSCO Holdings Inc. Chairman and Chief Executive Choi Jeong-woo and the company's boa...

S.Korea to probe Chinese batteries' alleged patent violations

South Korea will investigate alleged patent infringement by Chinese makers of smartphone batteries and high-nickel cathodes upon requests by LG Chem...

CJ CheilJedang opens online B2B section

South Korean food giant CJ CheilJedang Corp. introduced a business-to-business (B2B) section CJ The Market for Biz on its e-commerce website CJ The ...

Samsung tech leak suspects allegedly bribed by Chinese firm

A former senior manager at Samsung Electronics Co. and an ex-subcontractor employee are among those accused of receiving several tens of million dol...

Home&Shopping opens exclusive section in Vietnam K-Market

South Korea's Home&Shopping announced on Friday that it opened its exclusive section in the K-Market in Vietnam. The company aims to support the...

ITC launches probe into Samsung’s suit vs China’s BOE over OLED

The US International Trade Commission (ITC) has decided to launch an investigation into a complaint filed by South Korea’s Samsung Display Co....

Korean ELS investors biting nails over sharp falls in Hong Kong shares

Chinese shares listed on the Hong Kong bourse have fallen sharply so far this year, placing the city’s main stock index, the HSCEI, among the ...

Lotte Mart at Seoul Station redesigned to lure foreign shoppers

South Korea’s Lotte Mart reopened its hypermarket at Seoul train station on Thursday following a four-month renovation to attract more foreign...

Hyundai Steel launches online mall Hcore Store

South Korea's Hyundai Steel on Tuesday said it launched the e-commerce platform Hcore Store on a pilot basis to boost domestic sales of steel materi...

S.Korea to dispatch key minerals investigation teams to Chile, Argentina

South Korean government will dispatch a public-private partnership key minerals business survey team to Chile and Argentina to revitalize overseas r...

S.Korea's Smilegate RPG named in 3 categories of Steam game awards

South Korea's video game developer Smilegate RPG (Role-playing Games) on Thursday said its leading massively multiplayer online role-playing game (M...

Seoul sees high odds of reversing Lone Star-favoring ruling

South Korea’s justice ministry expressed confidence in winning an appeal against an international ruling that accepted part of Lone Star&rsquo...

Medytox-Hugel dispute over botox strain intensifies with ITC probe

A legal dispute over a botox strain between South Korean pharmaceutical company Medytox Inc. and its crosstown rival Hugel Inc. has intensified with...

Hyundai Motor releases 2021 sustainability report with profitability focus

Hyundai Motor Co. will focus on ramping up global sales of high-profit vehicles such as its SUVs and Genesis models, according to its annual sustain...