South Korean asset managers step up push into private debt market

South Korean asset managers are ramping up private credit operations as global demand for nonbank lending grows in the wake of tighter bank regulati...

Jennie sets new K-pop solo record with 2 new RIAA Gold certifications

Jennie has done it again — and this time, she’s made history on her own terms.The Recording Industry Association of America (RIAA) a...

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...

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 ...

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...

POSCO, JSW to build 6 million-ton steel plant in India

South Korea’s largest steelmaker POSCO Group has agreed with JSW Steel Ltd. to build an integrated steel mill with an annual capacity of 6 mil...

Hyundai, Kia take crown as Saudi Arabia’s best-selling cars in H1

Hyundai Motor Co. and Kia Corp.'s subcompact models took the top two spots in Saudi Arabia’s automobile market in the first half of this year ...

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...

Hyundai speeds up Africa-Middle East drive with Algeria plant

Hyundai Motor Co. plans to build an auto manufacturing plant in Algeria, the South Korean auto giant’s fourth in Africa, accelerating its expa...

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...

Celltrion in talks to buy Eli Lilly plant in US for $504 million

Celltrion Inc., South Korea’s biosimilar-developing leader, is in talks with Eli Lilly and Company to buy the American multinational pharmaceu...

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...

Samsung to produce Apple’s next-gen chips at US foundry plant

The global memory chip powerhouse Samsung Electronics Co. will produce chips for Apple Inc. at its semiconductor manufacturing facilities in the US,...

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...

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’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...

Celltrion nears deal for 1st US biologic manufacturing plant

Celltrion Inc., South Korea’s biosimilar-developing leader, is closing in on its first US acquisition, which is expected to enable the company...

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...

GM CEO Mary Barra quells Korea exit talk amid mounting auto tariff pressures

US auto giant General Motors Co. is regarding its South Korean factories as central to its global supply chain, particularly for compact SUVs and el...

TaylorMade sale takes new turn as F&F hires Goldman for bid

F&F Holdings Co., a South Korean fashion retailer and the largest strategic investor in TaylorMade, has entered a head-to-head showdown with Cen...

Blackpink’s Jump tops Spotify Global Chart, sets K-Pop record

With their latest digital single Jump, Blackpink has become the first – and so far only – South Korean act to top Spotify’s Global...