South Korean airlines bank on China routes for profit recovery

South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabili...

Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs

The sale of Pangyo Tech 1, a landmark office tower in Pangyo, South Korea’s answer to the US' Silicon Valley, has drawn strong bidding interes...

The wait is over: BTS are back with new album, global tour in spring 2026

Now the wait is over.BTS are back – as a full-member group after a four-year hiatus.The seven-member boy band is returning with a new album in...

Taekwang, Anchor Equity shortlisted for Aekyung stake

Taekwang Industrial Co., a South Korean chemical and textile company, and Anchor Equity Partners, a Hong Kong-based private equity firm, have emerge...

Lotte Biologics signs antibody drug CMO deal with UK’s Ottimo Pharma

BOSTON – Lotte Biologics Co. has signed a deal to manufacture an antibody therapy for British biotech startup Ottimo Pharma as the South Korea...

Amazon, Alibaba, TikTok up ante to woo Korean beauty brands

Riding the wave of global enthusiasm for K-Beauty, e-commerce powerhouses like Amazon and Alibaba are racing to bring South Korean cosmetics and bea...

Want to look beautiful? – Here’s the 'Made In Korea' mask pack

South Korean face mask packs – a flagship product of K-beauty – are staging a dramatic revival in popularity.Rising to fame alongside K-...

BOK turns more dovish after 25 bp rate cut; 2025 growth outlook halved

The Bank of Korea (BOK) on Thursday cut its benchmark interest rate by a quarter percentage point to 2.5%, citing growing concerns over faltering do...

Lotte to retake $269 mn stake in logistics arm after flopped IPO

Lotte Group, South Korea’s fifth-largest conglomerate by assets, will buy back a stake in Lotte Global Logistics Co. from the latter’s f...

Korean LCCs boost travel demand to global tourist hubs

South Korean low-cost carriers (LCCs), including Air Premia Inc. and Air Busan Co., have been expanding into underserved smaller cities, but also dr...

Kookmin Bank raises $700 mn in forex bonds amid strong demand

Kookmin Bank, a unit of KB Financial Group, raised $700 million in foreign exchange bonds on Tuesday, signaling a recovery in investor sentiment tow...

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 ...

LG Chem’s medical skincare business sale draws tepid bid

South Korean chemical giant LG Chem Ltd.'s offer for sale of its cosmetics filler business, tagged with an asking price of more than 500 billion won...

South Korean defense industry thriving on strong overseas demand

The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems h...

With domestic dockyards fully booked, Korean shipbuilders turn overseas

As order books swell amid green shipping mandates, LNG demand and military naval modernization, South Korean shipbuilders are extending their global...

S.Korea's Han, Trump discuss transactional diplomacy in 1st direct talks

South Korea’s Acting President and Prime Minister Han Duck-soo spoke with US President Donald Trump on Tuesday to discuss various issues of mu...

Samsung’s Q1 profit beats expectations; Q2 outlook murky on tariff war

Samsung Electronics Co., the world’s largest memory chipmaker, posted stronger-than-expected first-quarter operating profit on Tuesday, booste...

Strong momentum in non-US markets, digital real estate: Principal AM CEO

It is time to shift focus toward non-US markets after years of stellar performance of US assets driven by the robust world’s No. 1 economy, sa...

Luxury fashion platform Balaan files for court receivership amid slump

South Korea’s top luxury goods e-commerce platform Balaan Co. said on Monday it has filed for corporate rehabilitation with a Seoul court as t...

SK Hynix aims to lock in all 2026 HBM orders by mid-2025

SK Hynix Inc., the world’s largest supplier of high-bandwidth memory (HBM), aims to lock in orders for its entire 2026 HBM output by the end o...

Samsung Electronics' TV guru Han Jong-hee dies of cardiac arrest at 63

Han Jong-hee, vice chairman and co-chief executive of Samsung Electronics Co., has died from cardiac arrest, the company said on Tuesday. He was 63....

Hanwha wins $1.6 billion order to build 6 container ships for Evergreen

Hanwha Ocean Co., a leading South Korean shipbuilder, said on Monday it has won a 2.33 trillion won ($1.61 billion) order to build six eco-friendly,...

Kia to ramp up Seltos output to meet high global demand

Kia Corp. will expand production of its compact sport utility vehicle, the Seltos, after selling 310,000 units of the model across the globe, making...

Global real estate market poised for strong rebound: Savills

The global real estate market is expected to pick up significantly over the next few years, with around $500 billion worth of real estate assets, he...

S.Korea’s corporate bond market cools amid poor earnings

Investors’ appetite for corporate debts sold by South Korea’s petrochemical, retail and battery companies has waned this month amid grim...

Korean shipbuilders to benefit from rising LNG, oil tanker demand

South Korean shipbuilders are expected to benefit from a potential surge in demand for liquefied natural gas (LNG) and crude oil carriers as US Pres...

FOMO-driven gold rush lifts kimchi premium on gold to highest level

With South Korean retail investors joining the global gold rush in ‘fear of missing out’, or FOMO, the country’s gold price has ...

SK Hynix’s HBM exports plummet, now susceptible to seasonal demand

Exports of SK Hynix Inc.'s multi-chip packages (MCP), including high-bandwidth memory (HBM) AI chips, are rapidly dropping as the South Korean chipm...

HD KSOE bags $371 mn LNG bunker ship order

The outlook for South Korean shipbuilders’ liquefied natural gas (LNG) bunkering ship construction looks bright as the global LNG-powered ship...

Celltrion’s Vegzelma: Most-prescribed cancer treatment in Europe

South Korea’s leading biosimilar drug developer Celltrion Inc.'s Vegzelma, a cancer drug referencing global biopharma Roche’s Avastin, h...