WeMade accuses Shengqu Games of withholding $600 mn in royalties

WeMade accuses Shengqu Games of withholding $600 mn in royalties

WeMade Co. on Monday asked the South Korean government to intervene in its ongoing copyright dispute with China’s Shengqu Games, accusing the ...

Korea Zinc’s role questioned in SM Entertainment stock manipulation case

Korea Zinc’s role questioned in SM Entertainment stock manipulation case

When OneAsia Partners, a Seoul-based private equity fund operator, revised part of its PEF Havana I’s articles of association on Feb. 14, 2023...

HYBE to fire NewJeans agency CEO; Min refutes accusation

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...

HSBC, BNP Paribas reported to Korean prosecutors for naked shorting

HSBC, BNP Paribas reported to Korean prosecutors for naked shorting

The Hongkong and Shanghai Banking Corporation Ltd. (HSBC) and BNP Paribas CIB have been reported to South Korean public prosecutors in violation of ...

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

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....

Disgruntled investors accuse Fadu of blowing smoke

Disgruntled investors accuse Fadu of blowing smoke

Fadu Inc., the first unicorn in the South Korean semiconductor sector, which had a triumphant market debut three months ago, is facing the backlash ...

GS25 cuts prices amid controversy over World Scout Jamboree branch

GS25 cuts prices amid controversy over World Scout Jamboree branch

South Korea's convenience store chain GS25, which has a makeshift branch for the 25th World Scout Jamboree in Saemangeum, an estuarine tidal flat in...

SGC Group slapped with over $7.7 mn fine for unfair internal trade

SGC Group slapped with over $7.7 mn fine for unfair internal trade

The Fair Trade Commission (FTC) has imposed a fine of more than 10 billion won ($7.7 million) on SGC Group companies for unfair internal transaction...

HYBE employees accused of insider stock trading over BTS

HYBE employees accused of insider stock trading over BTS

Three HYBE employees on Wednesday were accused of insider stock trading, allegedly selling the South Korean entertainment giant's shares before K-po...

Binance’s new NFT platform accused of copying Korean startup’s Chatcasso

 Binance’s new NFT platform accused of copying Korean startup’s Chatcasso

Binance has been accused of copying a South Korean startup’s ideas and design of its artificial intelligence (AI)-powered non-fungible token (...

Korean steelmakers accuse Japanese rivals of product dumping

Korean steelmakers accuse Japanese rivals of product dumping

As Japanese hot-rolled steel plates have flooded into South Korea at even lower prices than those from China, Korean steel manufacturers are consi...

Asiana steps up pressure on Gategroup to cancel 30-yr contract

Asiana steps up pressure on Gategroup to cancel 30-yr contract

South Korea's Asiana Airlines Inc. has stepped up its pressure on Gategroup to nullify its 30-year in-flight meal contract with the Swiss catering s...

S.Korea fines Google $180 mn for operating system market abuse

S.Korea fines Google $180 mn for operating system market abuse

South Korea's Fair Trade Commission (FTC) on Tuesday imposed a fine of 207.4 billion won ($180 million) on Google, alongside a correction order, aft...

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