DIG Airgas, Air Products Korea: Two Korean megadeals in the offing

DIG Airgas, Air Products Korea: Two Korean megadeals in the offing

South Korea’s mergers and acquisitions market is gearing up for two megadeals involving specialty gas makers, worth 5 trillion won ($3.4 billi...

Lotte Biologics eyes first ADC CDMO order in 2025

Lotte Biologics eyes first ADC CDMO order in 2025

SAN FRANCISCO -- Lotte Biologics Co., the drug consignment development and production unit of South Korean conglomerate Lotte Group, will seek to wi...

Piccoma tops consumer spending ranking in Japan

Piccoma tops consumer spending ranking in Japan

Kakao Piccoma, a Japanese digital comics app subsidiary of South Korean mobile giant Kakao Corp., topped the consumer spending ranking in the Japane...

KHNP, Westinghouse end legal dispute; Korea nears Czech nuclear deal

KHNP, Westinghouse end legal dispute; Korea nears Czech nuclear deal

South Korea's state-run Korea Hydro & Nuclear Power Co. (KHNP) said on Friday it has reached an agreement with US-based Westinghouse Electric Co...

Diary of a Dead North Korean Soldier Reveals Grisly Battlefield Tactics

Diary of a Dead North Korean Soldier Reveals Grisly Battlefield Tactics

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Foreign investors sells $3.86 bn in S.Korean stock market

Foreign investors sells $3.86 bn in S.Korean stock market

The Bank of Korea (BOK) said on Wednesday that the foreign investors' net selling in the South Korean stock market was $3.86 billion in December las...

Korea Zinc to export antimony to US

Korea Zinc to export antimony to US

South Korea’s largest zinc smelter, Korea Zinc Inc., plans to export antimony to the US. This rare metal is a flame retardant for batteries ...

Korean petrochemical sector to sell corporate bonds amid downturn

Korean petrochemical sector to sell corporate bonds amid downturn

South Korea’s petrochemical producers are set to issue corporate bonds to take advantage of ample liquidity at the beginning of the year amid ...

LG mulls US plant expansion to deal with Trump 2.0 tariffs

LG mulls US plant expansion to deal with Trump 2.0 tariffs

CLARKSVILLE, TN -- South Korea’s appliance and electronics giants are actively looking into options to ramp up the production capacity of thei...

Bank of Korea seen cutting interest rates by 25 bps in January

Bank of Korea seen cutting interest rates by 25 bps in January

The Bank of Korea (BOK) is widely expected to cut interest rates by 25 basis points on Thursday amid the nation's softening economy and moderating i...

Koramco seeks to sell Seoul prime office tower in $272 million deal

Koramco seeks to sell Seoul prime office tower in $272 million deal

South Korea’s Koramco REITs Management & Trust Co. is poised sell a prime office building in Seoul in an estimated 400 billion won ($272 m...

HD Hyundai starts to construct Peruvian Navy warships

HD Hyundai starts to construct Peruvian Navy warships

South Korea's HD Hyundai Heavy Industries Co. officially launched the Peruvian navy's four warship project on January 10. The Peru Warship Pr...

China's BYD enters S.Korean EV market

China's BYD enters S.Korean EV market

China’s electric vehicle (EV) giant BYD Co. officially debuts in the South Korean passenger car market on January 16. BYD's first-selling...

Korean entertainment powerhouse K Wave Media to debut on Nasdaq in Feb

Korean entertainment powerhouse K Wave Media to debut on Nasdaq in Feb

K Wave Media Ltd., an umbrella entity of South Korean entertainment companies, is set to go public on the Nasdaq next month in a bid to raise money ...

Korean lenders to Accell warn they may boycott KKR

Korean lenders to Accell warn they may boycott KKR

KKR & Co. is facing a huge backlash from South Korean financial services firms after the debt restructuring of Dutch bicycle manufacturer Accell...

LG Electronics bets big on humanoid robots: CEO Cho

LG Electronics bets big on humanoid robots: CEO Cho

LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has thrown down the gauntlet to frontrunners in the AI robot race...

Korea's No. 1 fitness app Planfit eyes bigger market beyond home in 2025

Korea's No. 1 fitness app Planfit eyes bigger market beyond home in 2025

A new year has arrived, and with it come the New Year’s resolutions. However, if you are one of those who feel you've already failed to keep y...

Korea seeks to ease fintech ownership, crypto regulations

Korea seeks to ease fintech ownership, crypto regulations

South Korea’s top financial regulator has proposed loosening restrictions on financial holding companies’ ownership of fintech platforms...

Hyundai Motor vows record investment of $16.7 bn in South Korea

Hyundai Motor vows record investment of $16.7 bn in South Korea

Hyundai Motor Group will invest 24.3 trillion won ($16.7 billion) this year in South Korea, the largest-ever annual investment in its home country, ...

Corstone, Q Capital in talks with foreign investors to sell K-chicken chain

Corstone, Q Capital in talks with foreign investors to sell K-chicken chain

Seoul-based private equity firms Corstone Asia and Q Capital Partners are in talks with foreign investors to sell a South Korean fried chicken chain...

Paris Baguette partners with Tottenham Hotspur

Paris Baguette partners with Tottenham Hotspur

South Korean bakery brand Paris Baguette, operated by SPC Group, said on Wednesday it partnered with Premier League football club Tottenham Hotspu...

K Bank drops 2025 IPO in 3rd Kospi listing cancellation

K Bank drops 2025 IPO in 3rd Kospi listing cancellation

K Bank, a South Korean online lender, said on Wednesday it has again canceled its initial public offering plan amid the languid stock market an...

Foreign direct investments in Korea hit record $34.57 billion in 2024

Foreign direct investments in Korea hit record $34.57 billion in 2024

Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturing sector, the Minis...

China's Xiaomi establishes S.Korean branch

China's Xiaomi establishes S.Korean branch

China's IT giant Xiaomi has entered the South Korean market. Xiaomi said on Monday it established its South Korean branch, Xiaomi Korea, and wi...

South Korea’s forex reserves drop to 5-year low in 2024

South Korea’s forex reserves drop to 5-year low in 2024

South Korea’s foreign exchange reserves shrank to a five-year low at the end of last year after the country’s foreign exchange authoriti...

POSCO’s new bond sale seven times oversubscribed

POSCO’s new bond sale seven times oversubscribed

South Korean steelmaker POSCO’s new bond issue for 500 billion won ($343 million) was seven times oversubscribed, which may encourage the comp...

Hyundai's Chung urges guarding against pessimism in ‘perfect storm’

Hyundai's Chung urges guarding against pessimism in ‘perfect storm’

Hyundai Motor Group Executive Chairman Chung Euisun on Monday urged executives and employees to guard against pessimism amid a “perfect storm&...

Korean cosmetics beat Chanel, Lancôme to rank top in US, Japan

Korean cosmetics beat Chanel, Lancôme to rank top in US, Japan

South Korea’s cosmetics products, also known as K-beauty, have gained global renown, overtaking French brands such as Chanel and Lancôme...

South Korea expands foreign banks' access to forex market

South Korea expands foreign banks' access to forex market

An increasing number of foreign banks without a physical presence in South Korea are gearing up to offer dollar-won conversion services to non-Korea...

Hyundai, Kia sell 7.23 mn units together in 2024, eye more sales in 2025

Hyundai, Kia sell 7.23 mn units together in 2024, eye more sales in 2025

Hyundai Motor Co. and its sibling Kia Corp. have set a target to sell a combined 7.39 million units around the globe this year with greater focus on...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation