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...

HYBE, Paramount to bring KPop Demon Hunters star to life in idol film

HYBE America Co., the US subsidiary of South Korea's entertainment titan HYBE Co., will produce a K-pop-themed film in collaboration with Paramount ...

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...

Celltrion eyes record high sales in 2025, fueled by high-margin biosimilars

Celltrion Inc., South Korea’s leading biosimilar drug developer, is poised to reap nearly 5 trillion won ($3.6 billion) in revenue this year a...

HYBE Chair Bang referred to prosecutors over alleged unfair trading

South Korea’s financial watchdog has referred Bang Si-hyuk, founder and chairman of K-pop powerhouse HYBE Co., to prosecutors over alleged fra...

LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries

Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell ...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet

South Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomo...

BOK chief warns household debt near tipping point, keeps rates steady

Rhee Chang-yong, governor of the Bank of Korea (BOK), warned on Thursday that mounting household debt is now undermining both private consumption an...

S.Korea to overhaul retirement pension system, introduce competition for higher returns

South Korea is planning a sweeping overhaul of its corporate retirement pension system by introducing a competitive, fund-based model that would pit...

Shinsegae, Hana Financial, Bain Capital to finance $438 mn Starfield Cheongna

Shinsegae Property, a subsidiary of South Korean retail giant Shinsegae Group, on Tuesday unveiled a 600 billion won ($438 million) investment agree...

Samsung Heavy Industries clinches $635 mn preliminary FLNG deal with African shipowner

Samsung Heavy Industries Co., a major South Korean shipbuilder, has signed a preliminary agreement worth 869.4 billion won ($635 million) with an Af...

S.Korea corporate law reform gains bipartisan support

South Korea's ruling Democratic Party’s proposal to strengthen protections for minority investors and enhance board independence has secured t...

Fubon Bank expands Korea presence into banking

Fubon Bank, Taiwan’s largest bank, is poised to open its first office in Seoul in July, expanding its footprint in South Korea beyond insuranc...

Mirae Asset debuts AI-recommended ETF on NYSE to invest in US bonds

Mirae Asset Financial Group, one of the largest asset managers in South Korea, has launched its first exchange-traded fund (ETF) investing in high-q...

Korea’s ruling party revives corporate law reform with stricter rules

South Korea’s ruling party is reviving its push for an amendment to the Commercial Act with tougher mandates aimed at protecting minority shar...

Kakao Mobility to build smart infrastructure for Saudi Diriyah project

Kakao Mobility Corp., which runs South Korea’s most popular ride-hailing app, Kakao T, has clinched a deal to build a future mobility infrastr...

World Vision becomes 1st Korean corporate entity to trade crypto

Non-government organization World Vision Korea has sold its Ethereum holdings, becoming the first Korean legal entity to trade crypto after the Sout...

Hanwha Ocean to team up with Polish shipyards for Navy project bid

Hanwha Ocean Co. is ramping up efforts to win Poland's highly competitive next-generation submarine project, worth around 3 trillion won ($2.2 billi...

Half of Seoul offices now over 30 years old amid limited new supply

About half of the office buildings in Seoul’s major business districts are over 30 years old, falling short of demand for modern and high-end ...

Korea’s pharmaceutical exports set to top $10 bn, led by ‘K-M7’ champions

South Korea’s pharmaceutical exports are on course to surpass $10 billion this year, underscoring the country’s growing clout in the glo...

Seoul mulls joint review of Alaska LNG project with Japan, Taiwan, Vietnam

South Korea has proposed forming a consortium with Japan, Taiwan and Vietnam to jointly assess the feasibility of investing in the $45 billion Alask...

Shinhan to lead financing for battery storage project in Japan

Shinhan Financial Group will lead 4.9 billion yen ($35 million) in financing for a large-scale battery energy storage system (BESS) construction pro...

Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...

POSCO to invest in Hyundai Steel’s Louisiana plant

South Korea’s top steel maker POSCO has decided to invest in Hyundai Steel Co.'s first overseas plant in Louisiana and collaborate on research...

KT rolls out Thai-tailored large language model

South Korean telecom service provider KT Corp. has built a large language model (LLM) platform tailored for the Thai market in collaboration with Ja...

China says it is aiming to coordinate tariff response with Japan, South Korea

.video-container { position: relative; padding-bottom: 56.25%; padding-top: 30px; height: 0; overflow: hidden; } .video-container ifr...

Alaska governor seeks Korean partners for $44 bn LNG project

Alaska Governor Mike Dunleavy arrived in South Korea on Monday to hold a series of one-on-one meetings with top executives from Korean energy and st...

Korea’s Hanwha Ocean sends USNS Wally Schirra back to theater after MRO

A 210-meter, 40,000-ton US Navy vessel, heavily corroded and weathered from years of service, was pulled into Hanwha Ocean Co.'s shipyard in Ge...

NPS to mull responsible investment system for alternative investments

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is poised to consider expanding its responsible in...

Korean Air changes badge before full integration with Asiana Airlines

Korean Air Lines Co., South Korea’s largest full-service carrier, has undergone a major makeover of its corporate identity (CI) for the first ...