Lee, Trump end first summit on cordial note, but questions remain
South Korea’s proposal to help revive the US shipbuilding industry proved pivotal in setting a positive tone for President Lee Jae Myung&rsquo...
S.Korea passes tougher corporate law reform, adopts cumulative voting
South Korea’s National Assembly on Monday passed an amendment to the Commercial Act designed to give minority shareholders greater sway in pro...
POSCO, JSW to build 6 million-ton steel plant in India
South Korea’s largest steelmaker POSCO Group has agreed with JSW Steel Ltd. to build an integrated steel mill with an annual capacity of 6 mil...
S.Korea-US summit set for Aug. 25 with focus on security, economy
President Lee Jae Myung of South Korea and US President Donald Trump will meet face to face for the first time on Aug. 25 in Washington to discuss a...
South Korea, Vietnam to nearly double bilateral trade to $150 billion by 2030
South Korea and Vietnam agreed Monday in Seoul to boost bilateral trade to $150 billion over the next five years, nearly double current levels, by e...
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...
South Korea, US agree to 15% tariff rate; shipbuilding central to deal
South Korea and the United States have reached a trade agreement setting the new US tariff rate at 15%, down from the previously announced 25%, with...
Seoul signals agricultural market access on tariff talks table amid intensifying US trade pressure
South Korea’s senior government officials said on Friday that agricultural products, including politically sensitive items such as rice and be...
HD Hyundai, ECO launch US shipbuilding project
HD Hyundai Co., South Korea's largest shipbuilding group, has kicked off a joint shipmaking project with US partner Edison Chouest Offshore (ECO), a...
EV charger operator Chaevi files for preliminary Kosdaq IPO review
Chaevi Co., South Korea’s top operator of electric vehicle rapid charging infrastructure, said on Tuesday it has filed a preliminary applicati...
Pebblestone, Pacific, Hanwha Asset, Hyundai Investments shortlisted for NPS’ $360 mn property fund mandate
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has shortlist...
Hanwha-owned burger chain Five Guys Korea up for sale two years after launch
South Korea’s Hanwha Group is seeking to sell the Korean operations of US premium burger chain Five Guys, two years after the brand’s hi...
Return of the K-pop queens: Blackpink, Twice power up YG, JYP
Blackpink and Twice, two of South Korea’s most prominent K-pop female acts, made high-profile returns on Friday with new releases, heightening...
Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs
Back in the 1960s and 1970s, the Middle East was a land of opportunity for many South Korean construction workers, who labored there under the scorc...
Blackpink roars back with Deadline world tour after 2-year hiatus
Blackpink has made a dazzling return with its electrifying new song, “Jump,” igniting excitement for its first world tour in almost two ...
Taekwang, Anchor Equity shortlisted for Aekyung stake
Taekwang Industrial Co., a South Korean chemical and textile company, and Anchor Equity Partners, a Hong Kong-based private equity firm, have emerge...
Korea Investment & Securities, Capital Group eye product launch in Korea
Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., is exploring new offshore funds for individual investors in co...
S.Korea’s pension fund NPS posts weaker returns amid US tariff concerns
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is posting sh...
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...
Seoul agrees to reduce Jakarta’s KF-21 cost share by two thirds
South Korea has finally agreed to reduce Indonesia’s contribution to their joint KF-21 fighter jet development project by two thirds to 600 bi...
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...
Samsung, Perplexity close to AI alliance: Bloomberg
Samsung Electronics Co. is reportedly in advanced talks to equip its next flagship Galaxy smartphone series with the artificial intelligence-powered...
Celltrion shares rise after bonus issue announcement
Celltrion Inc., South Korea’s largest biosimilar developer, will issue bonus shares to bolster its stock performance, which has been in the do...
LG CNS, Cohere co-develop Korean-specific agentic AI
LG CNS Co., the information technology services arm of South Korea’s LG Group, has unveiled a lightweight Korean-specific large language model...
K-Beauty defies seasonal slump with record $980 mn in April exports
The global appetite for Korean beauty products shows no sign of slowing, with their exports in April surging 20% year on year to a record high, ev...
Mubadala, Goldman Sachs to invest $700 mn in Kakao Mobility
United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. and Goldman Sachs are set to invest a combined $700 million in Kakao Mobil...
Now, slim is in – and Samsung aims to be No. 1 with Galaxy S25 Edge
With the advent of mobile AI, the performance arms race among smartphone makers is reaching diminishing returns, as some market analysts put it.The ...
S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
The Government Employees Pension Service (GEPS), one of South Korea’s top three public pension programs, will commit up to 200 billion won ($1...
Woori Financial wins approval for Tongyang, ABL Life acquisition
Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has received conditional approval from the country&rsquo...
HD KSOE secures $1.8 bn in container ship orders
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) secured orders for 22 container ships worth a total of 2.54 trillion won ($1.8 billion) ...
