K-beauty giant LG H&H puts Coca-Cola bottling unit, other beverage assets up for sale

LG H&H Co., South Korea’s second-largest cosmetics firm after Amorepacific Corp., has put its prized Coca-Cola bottling subsidiary and oth...

Lee, Trump end first summit on cordial note, but questions remain

South Korea’s proposal to help revive the US shipbuilding industry proved pivotal in setting a positive tone for President Lee Jae Myung&rsquo...

S.Korea’s Lee signals end to ‘security with US, economy with China’ policy; to hike defense costs

WASHINGTON, D.C. – South Korean President Lee Jae Myung said on Monday that Seoul can no longer maintain its decades-old strategy of relying o...

Korean firms eye $5 bn in bond sales as credit spread hits 14-mth low

South Korean companies are ramping up bond offerings ahead of the Korean Thanksgiving holiday in early October, taking advantage of falling interest...

Blackpink gears up for November return: “Working hard together”

After three years away from the recording studio, Blackpink is finally on track to drop a new album this November. If released as planned, it will b...

LG expands appliance subscription service to Singapore

LG Electronics Inc. has introduced a subscription service in Singapore for home appliances ranging from water purifiers to air conditioners, refrige...

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...

Korean Air to launch premium economy at lower prices than rivals

Korean Air Lines Co., South Korea’s top full-service carrier, on Tuesday unveiled a plan to introduce a premium economy class in September at ...

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...

LG Energy secures $4.3 bn LFP battery deal from Tesla in shift from CATL

LG Energy Solution Ltd. on Wednesday announced a $4.3 billion deal to supply lithium iron phosphate (LFP) batteries to a foreign client, identified ...

Bain Capital set to acquire HS Hyosung Advanced Materials' tire cord business

US private investment firm Bain Capital is poised to acquire HS Hyosung Advanced Materials Corp.'s tire steel cord business in a deal estimated...

US tariffs dent Hyundai Motor's Q2 earnings despite solid sales

Hyundai Motor Co. on Thursday reported its first double-digit profit fall in five years in the second quarter despite posting record second-quarter ...

PwC Korea named to lead $360 mn sale of K Shipbuilding; preferred buyer likely by year-end

K Shipbuilding Co., once a rising star in South Korea’s shipbuilding industry under the STX Group, is returning to the auction block – t...

Pebblestone, Pacific, Hanwha Asset, Hyundai Investments shortlisted for NPS’ $360 mn property fund mandate

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, has shortlist...

Jennie, J-Hope, Jin sweep Spotify’s global K-pop rankings for mid-2025

K-pop icons Jennie of Blackpink and BTS members Jin and J-Hope have taken over Spotify’s mid-year 2025 Global Impact List, claiming the majori...

Kia's Lego-like PV5 with 16 variants to hit market in July

Kia Corp., South Korea’s second-largest carmaker under Hyundai Motor Group, is set to redefine mobility solutions with its modular electric pl...

LG links up with Chinese rivals for budget appliance supremacy

LG Electronics Inc. has turned its rivals into allies in an unlikely pact to win the budget appliance war and ward off Chinese competitors rapidly e...

Samsung to launch AI health coach beta in US by end-2025

NEW YORK – Samsung Electronics Co. will roll out a beta version of AI-powered health coach within the Samsung Health application in the US by ...

Samsung to unveil 1st triple-folding smartphone by year’s end to rival Huawei’s Mate X2 Tri-Fold

NEW YORK – Samsung Electronics Co. plans to release its first triple-folding smartphone by the end of this year to fend off growing competitio...

POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn

POSCO, South Korea’s largest steelmaker, has sold Zhangjiagang Pohang Stainless Steel (PZSS), its loss-generating stainless steel joint ventur...

Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs

Back in the 1960s and 1970s, the Middle East was a land of opportunity for many South Korean construction workers, who labored there under the scorc...

Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August

Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, is set to install its brain ...

Hana Asset launches ultra-low-fee Nasdaq 100 ETF

Hana Asset Management Co. will list the “1Q US Nasdaq 100 ETF” on Tuesday, an exchange-traded fund that tracks the Nasdaq 100 index with...

Xiaomi to open first offline store in S.Korea with premium products

Xiaomi Inc., a Chinese technology giant, will open its first offline store in South Korea next week, about six months after its virtual foray into t...

LG Display to invest $925.4 mn in smaller, high-end OLED

LG Display Co., the world’s top large-sized organic light-emitting diode (OLED) panel maker, will invest 1.26 trillion won ($925.4 million) to...

Affirma Capital to acquire Equis’ Korean waste assets for $294 million

Affirma Capital, a Singapore-headquartered buyout private equity firm, has agreed to acquire the entire portfolio of South Korean waste processing a...

Maybe Happy Ending sweeps Tony Awards with six wins

"Maybe Happy Ending" swept the Tony Awards on Sunday, taking home six trophies, including for Best Musical, and the first time a Korean-originated p...

Lee Jae-myung vows to end politics of division, seek pragmatic diplomacy

Lee Jae-myung was formally sworn in as South Korea’s new president on Wednesday, pledging to unite a divided nation, revitalize the economy an...

Korea Post to commit $150 mn to mid-cap infrastructure funds

Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency sai...

LG Energy, Samsung SDI to build 1st US LFP battery plants with GM

In a pivotal shift for the North American electric vehicle battery landscape, South Korea’s two leading battery makers – LG Energy Solut...