Jeju Dream Tower poised to dethrone Paradise as Korea’s top casino in 2025
Jeju Dream Tower Casino, operated by South Korea’s major tourism and leisure company, Lotte Tour Development Co., is on track to snatch the cr...
BTS’ FAKE LOVE tops 1 billion streams on Spotify; Jungkook’s 3D joins the club
BTS’ FAKE LOVE has surpassed 1 billion streams on Spotify, becoming the group’s fifth track to hit the milestone on the world’s la...
Jungkook’s ‘Seven’ becomes 1st K-pop solo track to surpass 2.5 bn streams on Spotify
BTS star Jungkook has once again shown the global pull of his music. According to Spotify, the world’s largest music streaming platform, his s...
Korea to tighten stewardship code with workplace safety penalties; accident-prone firms remain wary
South Korea is preparing sweeping changes to its stewardship code that will allow public pension funds and other institutional investors to penalize...
KT reports record operating profit on robust AI business in Q2
South Korea’s major mobile carrier KT Corp., which has picked artificial intelligence as its next growth engine, posted record-high quarterly ...
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...
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...
KPop Demon Hunters sets record as Netflix’s most-watched anime
KPop Demon Hunters has become the most-watched original animated film of all time on Netflix, according to a Facebook post by the streaming platform...
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...
SK Hynix logs record profit in Q2, sees stronger H2 ahead
SK Hynix Inc., the largest supplier of artificial intelligence chips to Nvidia Corp., reported its highest-ever quarterly results, with double-digit...
Huntrix, Saja Boys bring KPop Demon Hunters rivalry to real world stage
They're no longer just virtual: Netflix's hit animated film KPop Demon Hunters is taking on real-life stars on K-pop’s biggest music award sho...
Celltrion eyes record high sales in 2025, fueled by high-margin biosimilars
Celltrion Inc., South Korea’s leading biosimilar drug developer, is poised to reap nearly 5 trillion won ($3.6 billion) in revenue this year a...
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...
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...
K-beauty contract manufacturers see record Q2 profits; rally likely to continue
South Korea’s major original design manufacturers (ODMs) for cosmetics, led by Cosmax Inc. and Kolmar Korea Co., are estimated to have posted ...
K-content goes cultural: KPop Demon Hunters sparks heritage K-goods craze
Netflix’s smash-hit animated film KPop Demon Hunters is more than just a pop culture phenomenon. It is fueling global interest in Korean herit...
Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features
NEW YORK – Samsung Electronics Co. has unveiled its slimmest and most powerful foldable smartphones yet, loading them with artificial intellig...
Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates
Once an afterthought in the global food trade, South Korea’s signature spices and sauces, ranging from fiery gochujang to fermented doenjang, ...
Hyundai Rotem seals record $6.5 bn K2 tank deal with Poland
Hyundai Rotem Co., a South Korean defense system developer, will export its battle tanks to Poland in what would be the largest single export deal f...
NPS, Scape acquire Aussie senior living operator Aveo from Brookfield
South Korea’s state-run pension fund, the National Pension Service (NPS), has partnered with Australia’s student housing specialist Scap...
S.Korea’s pension fund NPS posts weaker returns amid US tariff concerns
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is posting sh...
Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal
Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...
Kumho Tire shuts Gwangju plant after fire, derailing record sales run
Kumho Tire Co. has suspended all operations at its Gwangju plant in South Korea after a fire destroyed 50-60% of the production lines in one of its ...
K-Beauty defies seasonal slump with record $980 mn in April exports
The global appetite for Korean beauty products shows no sign of slowing, with their exports in April surging 20% year on year to a record high, ev...
KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia
KakaoBank Corp., a leading South Korean internet-only bank, posted its highest quarterly profit in the first quarter, defying a drop in interest inc...
Korea’s pharmaceutical exports set to top $10 bn, led by ‘K-M7’ champions
South Korea’s pharmaceutical exports are on course to surpass $10 billion this year, underscoring the country’s growing clout in the glo...
K-pop stocks surge as China set to loosen cultural ban after 9 years
Shares in South Korea’s leading entertainment companies are rallying amid growing signs that China will likely lift its longstanding ban on Ko...
Exports of Korea-made used cars to hit record high in 2025
South Korea’s exports of used cars by its homegrown auto brands are expected to hit a historic high this year, thanks to their improved brand ...
Shinhan Financial’s overseas business blooms, on track for record earnings
Shinhan Financial Group Co., South Korea’s leading financial holding company, is poised to surpass 1 trillion won ($692 million) in annual net...
Kia maintains double-digit margin in Q1 with record revenue
Kia Corp., South Korea’s second-largest automaker, extended its double-digit profit margin streak to a 10th consecutive quarter, posting recor...
