South Korea taps new heads for finance and competition regulators
South Korean President Lee Jae Myung has nominated a former senior finance ministry official, a veteran lawyer and an academic economist to lead thr...
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...
LG CNS to build AI data center in Vietnam, accelerating Southeast Asia push
LG CNS Co. will build a hyperscale artificial intelligence data center for Vietnam’s state-run telecom giant Vietnam Posts and Telecommunicati...
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...
South Korea’s EV sales jump, hinting at end to market slump
South Korea’s electric vehicle market is showing signs of recovery after a prolonged slowdown, with both new and used car sales rebounding fas...
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...
From ramen to skincare, Samyang beats Toyo Suisan in market cap; APR nears Shiseido
As Korean food and beauty products ride a wave of enduring global demand, Samyang Foods Co. has overtaken Japan’s Toyo Suisan Kaisha Ltd., the...
South Korea, Vietnam to nearly double bilateral trade to $150 billion by 2030
South Korea and Vietnam agreed Monday in Seoul to boost bilateral trade to $150 billion over the next five years, nearly double current levels, by e...
EQT acquires controlling stake in Remember, Korea’s answer to LinkedIn
Sweden’s EQT Partners, one of Europe’s largest private equity firms, has signed a deal to acquire Remember & Company, the operator o...
Korea’s YNCC at default risk due to owners’ conflict amid petrochemical slowdown
Yeochun NCC Co. (YNCC), South Korea’s major petrochemical producer, is facing a default risk as its owners disagree over capital injections am...
China’s free-roaming tourists reshape South Korea’s visitor economy
For decades, megacity malls in Myeongdong and other neon hearts of Seoul have been the must-visit places for Chinese tourists, mostly in large group...
Air Liquide in exclusive talks for South Korea’s DIG Airgas for over $3.3bn
Air Liquide SA, a French multinational industrial gas and services company, is eyeing a return to South Korea after its exit a decade ago, as it is ...
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 ...
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...
Korea’s retail giant E-Land mulls sale of some F&B brands
South Korea’s retail giant E-Land Group is considering restructuring its food and beverage (F&B) business by selling struggling dining and...
S.Korea to grant visa-free entry to Chinese tourist groups from September
South Korea will temporarily allow visa-free entry for tourist groups from China starting Sept. 29 through June 2026, the government said on Wednesd...
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...
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...
SK divests of Vingroup stake for $1 bn in restructuring move
SK Group has cashed out its entire 6.05% stake in Vingroup, Vietnam’s largest conglomerate, for more than 1.3 trillion won ($935.5 million), c...
JP Morgan advises sale of Korea’s professional network Remember
JP Morgan has been appointed to lead the sale of Remember & Company, the South Korean firm behind the country’s popular business card and ...
Lotte’s casino earnings soar as Chinese punters return to Jeju; other casino operators follow suit
Lotte Tour Development Co. has posted its highest-ever quarterly operating profit, powered by a surge in Chinese tourists to South Korea’s top...
Woori Investment's IPO market entry set to intensify SME underwriting rivalry
Woori Investment & Securities Co. has launched an initial public offering-dedicated unit within its corporate finance division in its foray into...
Hitachi mulls sale of Japanese appliance unit, Samsung potential buyer: Nikkei
Japanese conglomerate Hitachi is considering selling its domestic home appliance subsidiary as part of the group’s effort to focus on its soci...
Korea’s homegrown OTT Watcha under court receivership as startup failures mount
South Korea’s homegrown streaming platform Watcha Inc. has entered court receivership after a Seoul court approved a creditor-led filing for c...
ASK Singapore 2025 to offer rare insights into Korean investment landscape
South Korea’s leading private equity and venture capital firms will convene in Singapore on Oct. 27 for ASK Singapore 2025 (sg.kedask.com), wh...
Seoul downtown office glut fears overblown: Savills Korea CEO
The prime office market in core business districts in Seoul is expected to remain strong, said Savills Korea chief, citing limited new supply and th...
Naver, LG, SK, NC, Upstage named to build S.Korea’s sovereign AI model to challenge ChatGPT
South Korea has chosen five technology firms, including LG, Naver and SK Telecom Co., to spearhead the country’s flagship sovereign AI initi...
Korea’s IPO market revives as newly listed stocks surge
South Korea’s initial public offering (IPO) market is reviving, with long-awaited companies such as the creator of the global hit Baby Shark p...
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...
CLSA, Citi, JPMorgan slam South Korea’s tax reform plans as anti-market
South Korea’s latest tax overhaul is triggering a wave of criticism from foreign investment banks, with analysts warning that the proposed tax...
