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...

Samsung’s US profit triples in H1 thanks to Galaxy phones

Samsung Electronics Co.'s US unit nearly tripled its profit in the first half of the year, defying concerns about steep US tariffs on foreign electr...

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...

Hyundai Motor to up ante in US with full hybrid lineup in 2026

Hyundai Motor Group plans to expand hybrid offerings across its entire US lineup to cushion profitability from US tariff fallout while hoping to nar...

BOK flags stablecoin risks ahead of Circle president's visit

The Bank of Korea (BOK) has urged the National Assembly to regulate dollar stablecoins, warning their growing use poses a threat to the country&rsqu...

Kep1er, Kid Milli to perform in China, raising hopes of cultural ban easing

South Korean girl group Kep1er and rapper Kid Milli are set to hold concerts in China next month, signaling a potential easing of Beijing’s ye...

Kospi-listed firms underperform in Q2 with gloomy H2 forecast

South Korean firms suffered steeper losses in the second quarter as hefty US import tariffs took a toll, fueling fears of a tougher road ahead as th...

US government eyes stake in Samsung, TSMC in return for CHIPS Act funds

The US government is looking into acquiring equity stakes in chipmakers such as Samsung Electronics Co., Taiwan Semiconductor Manufacturing Co. (TSM...

AWS, Upstage deepen ties in AI drive across Asia-Pacific, US

Amazon Web Services (AWS) has reinforced its partnership with South Korean artificial intelligence startup Upstage, backing the company with a minor...

Yuhan’s lung cancer drug eyes blockbuster sales by 2027

A novel lung cancer therapy developed by South Korea’s Yuhan Corp. is on track to become a global blockbuster drug, with annual sales projecte...

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...

‘Act fast, or miss out’: Korean retail investors look to Wall Street debut stocks for hefty gains

When cryptocurrency exchange operator Bullish rang the bell at the New York Stock Exchange (NYSE) on Aug. 13, a 30-something South Korean investor l...

Woori Bank opens Austin’s first Korean lender branch as US presence gathers pace

Woori Bank, a unit of Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has opened a branch in Austin, Tex...

BOE risks 15-year US OLED ban in Samsung dispute; Korean display stocks rally

South Korean display makers stand to gain from a possible 15-year US import ban on organic light-emitting diode (OLED) panels from China’s BOE...

Disney, Marvel, Star Wars stories to get Korean webtoon makeover

Webtoon Entertainment Inc. is bringing Iron Man, Spider-Man, Darth Vader and Beauty and the Beast to life in vertical web panels, reimagined in the ...

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...

Korea Investment Partners invests $10 million in Elon Musk’s SpaceX

Korea Investment Partners Co. (KIP), one of South Korea’s largest venture capital and private equity firms, has invested $10 million in Elon M...

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...

K-beauty, K-food exports to US jolted as 15% tariffs go into effect

South Korea’s cosmetics and food exporters have been jolted by a significant drop in shipments to the US after Washington’s 15% tariffs ...

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 ...

Posco Future M ships 1st cathodes made with domestic precursors to Ultium Cells

POSCO Future M Co., South Korea’s leading battery materials maker, has begun shipping cathode materials entirely produced with domestically so...

Celltrion in talks to buy Eli Lilly plant in US for $504 million

Celltrion Inc., South Korea’s biosimilar-developing leader, is in talks with Eli Lilly and Company to buy the American multinational pharmaceu...

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 ...

Musicow sells out 1st US music equity offering backed by Kelly Clarkson hit

Musicow Inc., a South Korean music copyright trading platform pioneer, has sold out its debut US music royalty-backed securities offering in less th...

S.Korea-US summit likely set for Aug. 25; Vietnam’s top leader to fly to Seoul for state visit

South Korean President Lee Jae Myung will likely have a summit meeting with his US counterpart Donald Trump later this month amid a flurry of high-l...

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...

Coupang ramps up Taiwan push amid K-beauty boom, US tariffs

Coupang Inc., South Korea’s largest e-commerce platform, said on Wednesday it will expand investment to strengthen overnight delivery services...

HD Hyundai Heavy wins US Navy ship MRO deal, 1st under MASGA accord

HD Hyundai Heavy Industries Co., one of the world’s leading shipbuilders, has secured its first-ever maintenance, repair and overhaul (MRO) co...

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...