Seoul calls for specific ethylene cut targets, demands shareholders’ fresh fund injections

Seoul calls for specific ethylene cut targets, demands shareholders’ fresh fund injections

South Korea’s financial regulators are calling on the country’s petrochemical producers to draw up sweeping self-rescue measures, includ...

Samsung’s US profit triples in H1 thanks to Galaxy phones

Samsung’s US profit triples in H1 thanks to Galaxy phones

Samsung Electronics Co.'s US unit nearly tripled its profit in the first half of the year, defying concerns about steep US tariffs on foreign electr...

Hyundai Motor to up ante in US with full hybrid lineup in 2026

Hyundai Motor to up ante in US with full hybrid lineup in 2026

Hyundai Motor Group plans to expand hybrid offerings across its entire US lineup to cushion profitability from US tariff fallout while hoping to nar...

NH gains most in Korea’s first-half IB league; Meritz emerges as fast-rising challenger

NH gains most in Korea’s first-half IB league; Meritz emerges as fast-rising challenger

South Korea’s investment banking hierarchy is in flux after the country’s leading brokerages reported sharply divergent earnings perform...

Korea’s demographic shift to single households: Magnet for global real estate giants, investors

Korea’s demographic shift to single households: Magnet for global real estate giants, investors

South Korea’s rental housing market is attracting some of the world’s largest property investors, as the country’s shifting demogr...

Trump’s chip tariff threat stirs jitters; impact on Samsung, SK Hynix limited given MFN status

Trump’s chip tariff threat stirs jitters; impact on Samsung, SK Hynix limited given MFN status

NEW YORK – A revived threat from US President Donald Trump to impose a 100% tariff on imported semiconductors has reignited concerns in South ...

Global investment banks raise S.Korea’s growth forecasts as trade tensions with US ease

Global investment banks raise S.Korea’s growth forecasts as trade tensions with US ease

Global investment banks are revising up their growth forecasts for South Korea, citing easing trade uncertainties and signs of a consumer-led recove...

Samsung Chairman Lee heads to US as chips become key trade leverage

Samsung Chairman Lee heads to US as chips become key trade leverage

Samsung Electronics Co. Chairman Lee Jae-yong departed for the US on Tuesday, just days before the US-set  Aug. 1 deadline for a trade deal, si...

Yes, it’s K-beauty: Strong buying appetite for makeup brands even before they're up for sale

Yes, it’s K-beauty: Strong buying appetite for makeup brands even before they're up for sale

In South Korea’s M&A landscape, beauty companies are no longer waiting to put themselves on the market. They’re being courted before...

South Korean airlines bank on China routes for profit recovery

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

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

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, 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

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

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

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

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 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

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 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

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

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

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

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

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’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

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

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 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

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....

Lee, Trump end first summit on cordial note, but questions remain Hyundai Motor Group launchs 1st EV-only production lines in Europe S.Korea, US affirm partnership to usher in US shipbuilding, manufacturing renaissance S.Korea’s Lee signals end to ‘security with US, economy with China’ policy; to hike defense costs Jeju Dream Tower poised to dethrone Paradise as Korea’s top casino in 2025