SK Bioscience seeks WHO nod for prompt COVID vaccine sale

SK Bioscience Co., the biopharmaceutical unit of South Korea’s No. 2 conglomerate SK Group, sought approval from the World Health Organization...

LG Uplus' K-pop idol platform goes global via smart TVs

Fans of K-pop idols such as boyband sensation BTS and girl group Blackpink will be able to enjoy their live performances through smart TVs at home a...

Korean big-box stores see credit rating downgrades

Two credit rating agencies have lowered South Korean big-box retail giants’ credit profiles. Korea’s top three big-box stores, Homeplus ...

K-pop, Toyota’s platform for marketing in the US

LOS ANGELES -- Toyota Motor Corp., the top global automaker, showcased its sports cars – the GR86 and the GR Supra – at the Los Angeles ...

K-chicken chain BB.Q foresees stores quadrupling in N.America

Gourmands in North America will be able to enjoy South Korean fried chicken more conveniently as BB.Q Chicken, the country’s leading franchise...

Samsung’s Lee reinstated; big moves in store for top conglomerate

Lee Jae-yong, Samsung Group’s de facto leader, on Friday had his right to work restored, paving the way for big moves for South Korea’s ...

SK Telecom launches NFT marketplace open beta service

South Korea’s top mobile carrier SK Telecom Co. launched an open beta service of its non-fungible tokens (NFTs) marketplace TopPort as the com...

Zigbang completes Samsung SDS home IoT takeover

Zigbang, a South Korean proptech startup that provides real estate search and transaction services, has completed the acquisition of Samsung SDS Co....

Louis Vuitton chairman to meet with heads of S.Korean department stores

The chairman and chief executive of French luxury label Louis Vuitton is scheduled to visit South Korea next week and meet with the heads of three m...

Chanel’s first VIP boutique to open in Asia – will it be in Seoul?

A couple of months ago, media outlets reported Chanel plans to open stores solely for VIP shopping in Asia.The French label is widely expected to op...

South Korean startups team up with convenience stores for drone delivery

South Korean convenient stores are ramping up competition in the business of drone delivery. The initial target regions include the Seoul subur...

Disney+ to run two BTS shows in HYBE's 1st global content collaboration

HYBE Co., the K-pop label best known for BTS, signed an agreement with Walt Disney Company in its first collaboration with an international content ...

Blackpink to hold K-pop’s first in-game concert on PUBG mobile game

Blackpink, the female K-pop idol group, will hold an in-game concert, the first such event by Korean pop artists, in collaboration with Krafton Inc....

S.Korean convenience stores extend rivalry to Malaysia

South Korea’s two largest convenience store chains GS25 and CU are branching out into Malaysia in search of new growth markets.GS Retail Co., ...

Retailers rely on property redevelopment as earnings sag

South Korea’s large retailers are keen on redeveloping their decades-old stores into modern residential and commercial complexes as a way out ...

LG takes Paris Baguette into the future with transparent OLED screens

PANGYO, Gyeonggi Province – In Steven Spielberg’s 2002 sci-fi film Minority Report, Tom Cruise gets all the information he needs through...

Lotte Duty Free to close COEX store in central Seoul

Lotte Duty Free, South Korea’s largest duty-free business operator, is closing one of its flagship stores in Seoul in the wake of the COVID-19...

Korea electronics retailers face headwind from e-commerce, dept. stores

South Korea’s major electronics retailers such as Lotte Himart are facing a headwind as more customers are buying home appliances online and d...

Lawmakers debate military exemption for pop artists like BTS

As a historic first, South Korean lawmakers are duking it out on the hotly debated topic of military exemption for global K-pop sensation BTS. ...

One Store becomes fifth Korean IPO dropout this year

One Store Co., South Korea's homegrown app store, on Wednesday canceled its initial public offering on the Korea Exchange, after its shares failed t...

Korean app market One Store to venture into SE Asia

One Store Co., South Korea's homegrown app store, will venture into Taiwan and Southeast Asia within the year, aiming to crack Google and Apple's du...

MBK to further slim down Homeplus before exit

MBK Partners has put one of the large store buildings of South Korea's supermarket chain Homeplus up for sale as part of an ongoing effort to improv...

SK Telecom to launch metaverse platform in Europe

South Korea’s top mobile carrier SK Telecom Co. and its spin-off investment firm SK Square Co. joined hands with Europe’s largest teleco...

GS Retail shares tumble as new services widen losses

Shares in South Korea's GS Retail Co. suffered their worst percentage fall in nearly five years on May 6, after the convenience store operator's fir...

Lotte Duty Free to open downtown store in Sydney

South Korea's Lotte Duty Free Co. is slated to open a downtown store in Sydney on May 5, after Australia reopened its international borders to forei...

KT showcases AI-powered robots, traffic control program at tech fair

KT Corp., a major South Korean telecommunications company, unveiled its new digital transformation services using artificial intelligence, big data ...

One Store refiles IPO application, changing peer group list

One Store Co., investment firm SK Square Co.'s homegrown app store, is gearing up for an initial public offering to be held in May. The local app st...

JYP Entertainment stocks skyrocket 70% in three months

Shares of JYP Entertainment Inc. have been skyrocketing in recent months. The record label stocks jumped more than 70% from its lowest price point s...

SM Entertainment to find Saudi idols with Princess Haifa

South Korea’s entertainment behemoth SM Entertainment Co. will develop Saudi idols with Princess Haifa bint Mohammed Al-Saud as the kingdom ai...

Nexon's new game beats Lineage to top app stores list

Nexon Co.'s Dungeon & Fighter Mobile has elbowed out NCSoft Corp.'s Lineage W to rank as the most popular Korean mobile game in the week since i...