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

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...

LF to open Korea’s 1st standalone fashion outlet in India

LF to open Korea’s 1st standalone fashion outlet in India

LF Corp., a leading South Korean clothing company, will foray into India with its flagship brand Hazzys to build its presence in the rapidly growing...

HD KSOE wins $2.6 bn order for 12 container ships

HD KSOE wins $2.6 bn order for 12 container ships

South Korea’s largest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said on Thursday it got 3.716 trillion won ...

Amorepacific's Aestura to enter US market with Sephora

Amorepacific's Aestura to enter US market with Sephora

South Korean beauty and cosmetics giant Amorepacific Corp. said on Wednesday that its derma cosmetic brand Aestura will enter the American market wi...

SM's UK K-pop group Dear Alice to debut with Gamma

SM's UK K-pop group Dear Alice to debut with Gamma

South Korea's SM Entertainment Co. partnered with the US-based music label "Gamma." to globally debut its first British K-Pop boy group Dear Alice.A...

Former ADOR CEO Min unfollows NewJeans' SNS

Former ADOR CEO Min unfollows NewJeans' SNS

Min Hee-jin, the former CEO of ADOR, HYBE Co. 's label behind the K-pop girl group NewJeans, announced her resignation as the label's internal direc...

LG Chem strengthens automotive adhesives biz

LG Chem strengthens automotive adhesives biz

South Korea's LG Chem Ltd., the world’s fourth-largest chemical manufacturer, said on Wednesday it will expand into the automotive adhesives m...

SK Telecom launches PC version of A Dot

SK Telecom launches PC version of A Dot

South Korea's SK Telecom Co. unveiled the multi-large language model (LLM) agent, the PC version of its AI personal assistant service "A. (A Dot)" o...

Hyundai Motor, Waymo forge multi-year, strategic partnership

Hyundai Motor, Waymo forge multi-year, strategic partnership

South Korea’s top automaker Hyundai Motor Co. said on Friday it has entered into a multi-year strategic partnership with Waymo LLC to jointly ...

Lotte to open shops within Singapore NTUC FairPrice outlets

Lotte to open shops within Singapore NTUC FairPrice outlets

Lotte Mart and Lotte Super will launch stores within the outlets of NTUC FairPrice, Singapore’s largest supermarket chain, to sell food produc...

Humax, HeyCharge collaborate on EV charger

Humax, HeyCharge collaborate on EV charger

South Korea's mobility solutions company Humax Co. announced on Monday that it partnered with the Germany-based electric vehicle (EV) charging techn...

LG Energy signs multi-billion-dollar LFP battery deal with Renault

LG Energy signs multi-billion-dollar LFP battery deal with Renault

LG Energy Solution Ltd., the world’s second-largest battery maker, has clinched a multi-billion-dollar deal to supply LFP batteries for low-en...

Shinhan Card, KakaoBank to team up for PLCC

Shinhan Card, KakaoBank to team up for PLCC

South Korea's Shinhan Card Co. and the domestic internet bank KakaoBank Corp. said on Wednesday that they signed a business agreement to develop and...

Korea’s KT, Microsoft form strategic alliance on AI, cloud sectors

Korea’s KT, Microsoft form strategic alliance on AI, cloud sectors

South Korea’s leading telecommunications service provider KT Corp. has formed a strategic alliance with US tech giant Microsoft Corp. to colla...

ADOR CEO behind NewJeans stays with HYBE after court win

ADOR CEO behind NewJeans stays with HYBE after court win

A legal battle between South Korea’s entertainment powerhouse HYBE Co. and the chief of its sublabel ADOR will likely drag on as the internati...

Hanwha Galleria poised to buy drink maker Pure Plus

Hanwha Galleria poised to buy drink maker Pure Plus

Hanwha Galleria Corp., a South Korean department store operator, signed a memorandum of understanding early this month to buy a domestic non-alcohol...

Doosan Enerbility to supply SMR parts to NuScale Power

Doosan Enerbility to supply SMR parts to NuScale Power

Doosan Enerbility Co., a leading South Korean power plant engineering company, is slated to supply nuclear reactor equipment to Nuscale Power Corp.,...

Netmarble sells stake in BTS label HYBE for $161 mn

Netmarble sells stake in BTS label HYBE for $161 mn

South Korean game developer Netmarble Corp. is selling a stake in HYBE Co., the label behind global K-pop sensation BTS, for 219.9 billion won ($161...

Blackpink label YG to sell drama production unit

Blackpink label YG to sell drama production unit

K-pop sensation Blackpink’s label YG Entertainment Inc. is slated to sell 60% of its drama production subsidiary Studioplex later this year, t...

S.Korea's Andar strengthens tech alliance with LYCRA Company

S.Korea's Andar strengthens tech alliance with LYCRA Company

The athletic-leisure brand Andar Co. announced on Friday that it will strengthen its technological alliance with the LYCRA Company, the world's larg...

HYBE conflict vs NewJeans label set to escalate into legal battle

HYBE conflict vs NewJeans label set to escalate into legal battle

HYBE Co., the company behind boy band BTS, has reported Min Hee-jin, the chief of popular girl group NewJeans’ label ADOR, to police for inves...

K-pop: Pros and cons of HYBE's multi-label system

K-pop: Pros and cons of HYBE's multi-label system

Disputes between HYBE Co. and its label behind popular girl group NewJeans has made headlines as an almost unheard-of conflict in the K-pop industry...

Samsung wins multi-year built-in kitchen suite orders from Clayton

Samsung wins multi-year built-in kitchen suite orders from Clayton

Samsung Electronics Co. is upping the ante to widen the lead in the US home appliance market with a long-term contract to provide its hyper-connecte...

HYBE to fire NewJeans agency CEO; Min refutes accusation

HYBE to fire NewJeans agency CEO; Min refutes accusation

HYBE Co. is seeking to sack Min Hee-jin, the chief of ADOR, its label behind globally popular girl group NewJeans, as it investigates allegations th...

Sephora to exit S.Korean market in May

Sephora to exit S.Korean market in May

Sephora, the world's leading multi-brand beauty retailer and an affiliate of French luxury conglomerate LVMH, announced on Tuesday that it will exit...

Kakao Brain releases medical GenAI tech for free

Kakao Brain releases medical GenAI tech for free

Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has uploaded the Labeler ...

Samsung Electronics to hire big for AI R&D careers

Samsung Electronics to hire big for AI R&D careers

Samsung Electronics Co. is ramping up its recruitment of experienced professionals across its Device eXperience (DX) and Device Solution (DS) divisi...

Naver Cloud, NHN Cloud to co-work for hyperscale AI

Naver Cloud, NHN Cloud to co-work for hyperscale AI

South Korea's Naver Cloud, the cloud computing unit of Naver Corp., and NHN Cloud Corp., announced on Monday that they have signed a memorandum of u...

Kakao to replace K-pop pioneer SM execs over poor governance

Kakao to replace K-pop pioneer SM execs over poor governance

Kakao Corp. is set to replace executives of SM Entertainment Co., who ousted its founder Lee Soo-man when the South Korean mobile giant acquired the...

Korean semiconductor startups shine in venture downturn

Korean semiconductor startups shine in venture downturn

South Korean startups in the semiconductor, eco-friendly and electric vehicle battery sectors succeeded in attracting investors in the second half o...

K-beauty boom propels APR ahead of LG H&H, closing gap with AmorePacific IMM joins $600 mn fund for K-beauty unicorn Goodai Global in M&A drive Blackpink’s Jump music video achieves 100 mn YouTube views Seoul signals agricultural market access on tariff talks table amid intensifying US trade pressure Korea’s top four financial holding firms post stellar Q2 profit on won, non-interest gains