Next-wave K-Beauty brands chart growth without outside capital
K-Beauty’s rising stars are steering clear of outside capital, opting instead for self-financed growth supported by solid cash reserves, data-...
Netmarble’s Vampir sinks fangs into App Store’s No. 1 slot at launch
In less than a day – only eight hours after its debut – Netmarble Corp.'s Vampir had already drained the competition.The gothic-themed n...
Hyundai Motor Group launchs 1st EV-only production lines in Europe
Kia Corp. on Aug 20 launched production of the compact electric sedan EV4 at its plant in Žilina, Slovakia. The EV4 represents Kia's first Europe-bu...
Korea Inc pledges $150 bn US investment; KAL buys new planes, Samsung, Hyundai Motor vow extra spending
WASHINGTON, D.C. – South Korea’s biggest conglomerates have committed $150 billion in fresh investment in the US in a sweeping package t...
Golden reclaims Billboard Hot 100 crown; KPop Demon Hunters OST makes history with four tracks in Top 10
The original soundtrack (OST) from Netflix’s animated feature KPop Demon Hunters is rewriting Billboard history. Its breakout single Golden ha...
Korea tightens curbs on foreign homebuyers with new permit system amid speculation fears
South Korea will impose sweeping restrictions on foreign property transactions across the Seoul Metropolitan Area, citing concerns over speculative ...
CJ ENM, Hakuhodo launch music venture to tap global fans
CJ ENM Co., South Korea’s largest entertainment company, has formed a music joint venture with Hakuhodo Inc., a more than century-old Japanese...
LG to unveil new energy-saving fridges, washer-dryers at IFA 2025
LG Electronics Inc. will unveil 25 new refrigerator and washer-dryer models tailored for the European market at IFA 2025, the company said on Tuesda...
Woori Bank opens Austin’s first Korean lender branch as US presence gathers pace
Woori Bank, a unit of Woori Financial Group Inc., South Korea’s fourth-largest financial services provider, has opened a branch in Austin, Tex...
Global investors flock to K-beauty startups as sector mints new unicorn BENOW
South Korea’s beauty startup scene is attracting a wave of overseas venture capital, underscoring renewed investor appetite for the country&rs...
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...
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...
NCSOFT surges past Krafton on robust Q2; high hopes for Aion 2 game release in H2
NCSOFT Corp., a major South Korean game developer and publisher, has regained its lead over rival Krafton Inc. in the stock market after posting str...
K-pop boys, K-beauty’s choice to accelerate global expansion
South Korean cosmetics brands are increasingly choosing K-pop boy bands over female artists to attract women, the primary consumers of beauty produc...
BTS label BigHit to debut new boy band CORTIS on Aug. 18
BigHit Music, the powerhouse behind global K-pop acts BTS and Tomorrow X Together (TXT), has unveiled the name of its new boy group, CORTIS. The fiv...
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...
Hyundai, GM to co-develop five brand new vehicles, seek joint sourcing
Hyundai Motor Co. and General Motors Co. will jointly develop five brand new vehicles and source materials and car components, the two companies sai...
Coupang ramps up Taiwan push amid K-beauty boom, US tariffs
Coupang Inc., South Korea’s largest e-commerce platform, said on Wednesday it will expand investment to strengthen overnight delivery services...
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 ...
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...
S.Korea’s top 3 shipbuilders launch MASGA TF, eye 2-track strategy
South Korea’s three leading shipbuilders – HD Shipbuilding & Offshore Engineering Co., Hanwha Ocean Co. and Samsung Heavy Industries...
Korea's pharmacies emerge as K-beauty destinations for tourists
On the afternoon of July 31, a sign at the entrance of Ready Young Pharmacy in Seoul's Donggyo-dong neighborhood welcomed visitors in Chinese, Japan...
Seoul’s tax reform hits top firms as US tariffs, tighter rules loom
South Korea’s finance ministry has finalized a tax reform plan that raises the top corporate tax rate by one percentage point to 25% and incre...
Coca-Cola names BTS’ V as new brand ambassador: 'Excited to share the thrill'
Coca-Cola has a new face — and it’s none other than V of BTS. The beverage giant announced Thursday that the global K-pop star has ...
Fabless chip unicorn FuriosaAI raises $120 mn in new funding
South Korea’s AI chip designer FuriosaAI Inc. said on Thursday it has raised 170 billion won ($120 million) in bridge funding from about 40 in...
SK Innovation to merge SK On with SK Enmove to boost financial health
SK Innovation Co., an intermediary holding company of South Korea's No. 2 business group, said on Wednesday it will merge SK On Co. with SK Enmove C...
Korea Investment & Securities, Muzinich & Co. explore strategic partnership on global credit portfolio
Korea Investment & Securities Co. (KIS), the brokerage unit of Korea Investment Holding Co., is exploring a strategic partnership with US privat...
BTS live album debuts at No. 10 on Billboard 200, setting new K-pop record
BTS’s first live act album Permission to Dance on Stage – Live debuted at No. 10 on the Billboard 200 albums chart dated Aug. 2, accordi...
IMM joins $600 mn fund for K-beauty unicorn Goodai Global in M&A drive
IMM Private Equity and five other South Korean private equity firms are set to invest a total of 800 billion won ($600 million) in Goodai Global Inc...
HD Hyundai, ECO launch US shipbuilding project
HD Hyundai Co., South Korea's largest shipbuilding group, has kicked off a joint shipmaking project with US partner Edison Chouest Offshore (ECO), a...
