Tesla fuels 55% surge in Korea’s online car sales, lifting e-commerce
South Korea’s online car sales surged more than 50% year over year in July, driven by the arrival of new electric car models from foreign bran...
Shinhan Financial bets on stablecoins, AI in digital overhaul
Shinhan Financial Group Co., South Korea’s largest financial firm, is stepping up efforts to integrate stablecoins and artificial intelligence...
Chinese milk tea brand Chagee to enter South Korea through JV
Chagee, one of the largest milk tea brands in China, is set to make inroads into South Korea through a joint venture (JV) with a local partner to ta...
Seventeen sells out Hong Kong’s largest stadium, proving unrivaled ticket power
Seventeen has once again demonstrated its global clout, selling out Hong Kong’s largest stadium within hours.Pledis Entertainment said Thurs...
S.Korea-US summit yields no joint statement amid split on auto tariffs, MFN status
WASHINGTON D.C. – South Korean President Lee Jae Myung’s first bilateral meeting with US counterpart Donald Trump ended in a cordial atm...
KPop Demon Hunters tops Netflix’s all-time movie ranking, on track to surpass Squid Game
Kpop Demon Hunters is no longer just a hit — it’s a phenomenon. Netflix’s animated adventure, which fuses the sparkle of K-pop wit...
S.Korea’s Lee heads to high-stakes summit with Trump after closing ranks with Ishiba
South Korean President Lee Jae Myung is flying to Washington after a high-profile visit to Tokyo, where he sought to repair ties with Japan ahead of...
S.Korea cuts growth outlook to 0.9%, banks on AI to reignite economy
South Korea’s government cut its 2025 economic growth forecast in half from its earlier expectation, saying the economy will expand just 0.9% ...
STIC Investments set to acquire laundry chain Cleantopia
STIC Investments Inc., a Seoul-based private equity firm, is set to acquire Cleantopia, South Korea’s largest laundry service franchise operat...
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...
HMM to buy back $1.5 bn shares, paving way for KDB’s fund recovery
HMM Co., South Korea’s largest shipping firm, will buy back and cancel 2.14 trillion won ($1.5 billion) worth of shares, paving the way for it...
UCK Partners sues ex-employee in Korea’s 1st PE non-compete case
UCK Partners has sued a former senior employee who joined local rival Premier Partners in June, alleging he violated a non-compete clause, in what i...
Korea Investment Partners invests $10 million in Elon Musk’s SpaceX
Korea Investment Partners Co. (KIP), one of South Korea’s largest venture capital and private equity firms, has invested $10 million in Elon M...
South Korea, Vietnam to nearly double bilateral trade to $150 billion by 2030
South Korea and Vietnam agreed Monday in Seoul to boost bilateral trade to $150 billion over the next five years, nearly double current levels, by e...
EQT acquires controlling stake in Remember, Korea’s answer to LinkedIn
Sweden’s EQT Partners, one of Europe’s largest private equity firms, has signed a deal to acquire Remember & Company, the operator o...
LG Chem sells dermal filler business to VIG Partners for $144 mn
South Korea’s leading chemical company LG Chem Ltd. has agreed to sell its dermal filler business to the country’s major buyout fund VIG...
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...
SK divests of Vingroup stake for $1 bn in restructuring move
SK Group has cashed out its entire 6.05% stake in Vingroup, Vietnam’s largest conglomerate, for more than 1.3 trillion won ($935.5 million), c...
JP Morgan advises sale of Korea’s professional network Remember
JP Morgan has been appointed to lead the sale of Remember & Company, the South Korean firm behind the country’s popular business card and ...
Korens cleared in trade secrets dispute with SNT Motiv
South Korean auto parts manufacturer Korens and its affiliate Korens EM have been cleared of all charges in a years-long legal battle with larger ri...
Seoul downtown office glut fears overblown: Savills Korea CEO
The prime office market in core business districts in Seoul is expected to remain strong, said Savills Korea chief, citing limited new supply and th...
Keistone Partners acquires e-commerce logistics firm GoodsFlow from SK Energy
Keistone Partners has acquired GoodsFlow Co., an e-commerce logistics service provider, from oil refiner SK Energy Co. in a deal valued at around 50...
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...
Hanwha vice chairman joins S.Korean delegation to avert US tariffs
With the US-EU tariff deal sealed, South Korea is ramping up a last-ditch push to strike its own agreement before the US-set Aug. 1 deadline, playin...
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...
Seoul signals agricultural market access on tariff talks table amid intensifying US trade pressure
South Korea’s senior government officials said on Friday that agricultural products, including politically sensitive items such as rice and be...
President Lee meets with Samsung chief amid stalled US-Korea trade talks
South Korean President Lee Jae-Myung met with Samsung Electronics Co. Chairman Lee Jae-yong on Thursday amid growing speculation that Seoul may leve...
Seoul likely to miss US tariff deal deadline as Washington abruptly cancels 2+2 trade talks
The United States has abruptly postponed high-level trade talks with South Korea, raising concerns in Seoul that it is slipping down Washington&rsqu...
LG launches ChatExaone AI beta service, available soon for enterprise use
South Korea’s fourth-largest conglomerate LG Group has made its artificial intelligence chatbot, ChatExaone, available to external users, sign...
South Korea, US to resume trade talks ahead of tariff deadline
South Korea’s finance minister will discuss tariff issues with his US counterpart in Washington this week, marking the first trade talks under...
