Big Hit Music
Scope
Date
~
-
Automobiles
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 ...
Apr 29, 2025 (Gmt+09:00)
-
Economy
Trump’s tariffs are hitting exports, early Korean data show
The effects of President Trump’s new tariffs are starting to be felt across the world, preliminary South Korean trade data suggest, as Seoul p...
Apr 23, 2025 (Gmt+09:00)
-
K-pop
KAIST launches Korean rapper G-Dragon’s music into space
The Korea Advanced Institute of Science & Technology (KAIST) has launched the music and iris image of G-Dragon, a Korean rapper and singer-songw...
Apr 10, 2025 (Gmt+09:00)
-
K-pop
K-pop exports boom as end of Chinese K-wave ban looms large
Exports of Korean popular music, or K-pop, have seen a significant surge in recent months, driven by increasing demand from China and Japan, accordi...
Mar 31, 2025 (Gmt+09:00)
-
Automobiles
Hyundai’s new American dream comes with new plant, more spending
ELLABELL, Georgia – When Hyundai Motor Group Honorary Chairman Chung Mong-koo opened the South Korean automaker’s first US plant in Alab...
Mar 27, 2025 (Gmt+09:00)
-
Artificial intelligence
LG takes on Big Tech AI in reasoning with Exaone Deep
LG AI Research, the artificial intelligence (AI) research and development unit of South Korea's LG Group, has unveiled Exaone Deep, an open-source A...
Mar 18, 2025 (Gmt+09:00)
-
Shareholder value
Celltrion to cancel $140 mn in treasury shares, stock up
South Korea’s leading biosimilar drug developer Celltrion Inc. announced on Friday a plan to cancel $140 million worth of treasury shares to i...
Mar 14, 2025 (Gmt+09:00)
-
Electronics
LG Electronics hits record sales in India, paving way for 2025 IPO
LG Electronics Inc. posted its largest-ever sales in India in 2024, providing a boost to the planned initial public offering of its Indian unit this...
Feb 25, 2025 (Gmt+09:00)
-
Shipping & Shipbuilding
HD Hyundai Marine sets sights on LNG vessel retrofitting in Trump era
While the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a...
Feb 05, 2025 (Gmt+09:00)
-
Earnings
Kia hits record 2024 sales; profit margins highest among global automakers
South Korea’s second-largest automaker Kia Corp. on Friday posted its highest-ever annual sales, operating profit and profit margins in 2024, ...
Jan 24, 2025 (Gmt+09:00)
-
Tech, Media & Telecom
KT to sell financial security unit for $59 mn for restructuring
South Korea’s KT Corp. is set to sell Initech Co., its Kosdaq-listed financial security unit, for 85 billion won ($59.1 million) as the leadin...
Jan 23, 2025 (Gmt+09:00)
-
IPOs
LG CNS set to price February IPO at top of price band
LG CNS Co., an information technology service company, is set to price its initial public offering at the top of its proposed price range to raise 1...
Jan 15, 2025 (Gmt+09:00)
-
Automobiles
Hyundai, Kia’s green car exports hit record in 2024
Hyundai Motor Co. and its sibling Kia Corp. together shipped a record-high number of eco-friendly cars to overseas markets last year thanks to stron...
Jan 14, 2025 (Gmt+09:00)
-
Korean Innovators at CES 2025
LG Electronics bets big on humanoid robots: CEO Cho
LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has thrown down the gauntlet to frontrunners in the AI robot race...
Jan 09, 2025 (Gmt+09:00)
-
Economy
Foreign direct investments in Korea hit record $34.57 billion in 2024
Foreign direct investments in South Korea hit a record high in 2024, driven by Chinese and Japanese investors in the manufacturing sector, the Minis...
Jan 07, 2025 (Gmt+09:00)
-
Economy
Korea’s 2024 exports hit all-time high, driven by chips, shipments to China
South Korea’s exports, the country’s main growth driver, reached an all-time high in 2024, buoyed by strong semiconductor exports and a ...
Jan 02, 2025 (Gmt+09:00)
-
Corporate bonds
Korea Inc. to face refunding risks with record corporate bond maturities
South Korean companies are expected to face refunding risks thanks to record corporate bond maturities in the first half of 2025, as fundraising con...
Dec 23, 2024 (Gmt+09:00)
-
Mergers & Acquisitions
M&A deals in South Korea hit 7-year low in 2024
South Korea’s mergers and acquisitions market shrank further in 2024, with leading business groups seeking to unload non-core assets to bolste...
Dec 23, 2024 (Gmt+09:00)
-
Food & Beverage
Hanwha seeks acquisition of sibling feud-mired Korean catering firm Ourhome
South Korea’s Hanwha Group is seeking to acquire local catering service provider Ourhome, embroiled in the owner family's sibling disputes, fo...
Dec 20, 2024 (Gmt+09:00)
-
Infrastructure
IFM Investors bets big on infrastructure investing: Gee-Grant
IFM Investors, a global investment manager owned by Australian pension funds, is looking to infrastructure as the fastest-growing asset segment for ...
Dec 05, 2024 (Gmt+09:00)
-
Retail
Quick delivery war deepens Korean big-box retailer-Baemin ties
As competition for same-day delivery heats up in South Korea, traditional big-box retailers are rushing to join hands with the country’s No. 1...
Dec 03, 2024 (Gmt+09:00)
-
Entertainment
Disney Plus bets big on Korean content to boost global presence
SINGAPORE -- Disney Plus, a global over-the-top (OTT) platform, is expanding its lineup of original Korean titles, buoyed by the popularity of K-dra...
Nov 25, 2024 (Gmt+09:00)
-
Chemical Industry
Hyosung TNC mulls takeover of chemical affiliate’s specialty gas unit
Hyosung TNC Corp., the world’s top spandex maker, is considering taking over the specialty gas business of its chemical affiliate, news of whi...
Nov 22, 2024 (Gmt+09:00)
-
Energy
S.Korean firms bet big on US LNG market under new Trump gov't
South Korean energy and shipbuilding companies are gearing up for a swift advance into the US liquefied natural gas (LNG) market, which is expected ...
Nov 20, 2024 (Gmt+09:00)
-
Cloud computing
Salesforce outage disrupts businesses across Asia Pacific
Salesforce Inc., the world’s top customer relationship management (CRM) platform, is grappling with a major service outage affecting more than...
Nov 16, 2024 (Gmt+09:00)
-
K-pop
Rose’s music video ‘APT.’ surpasses 300 mn views on YouTube
The music video for “APT.”, featuring girl group Blackpink's Rose in a duet with pop star Bruno Mars, has surpassed 300 million views on...
Nov 12, 2024 (Gmt+09:00)
-
Korean startups
Big Mobility, Hummingbirds win Chung Ju-yung Startup Competition
The Asan Nanum Foundation selected Big Mobility and Hummingbirds as the top winners of the 13th Chung Ju-yung Startup Competition demo day on Novemb...
Nov 08, 2024 (Gmt+09:00)
-
Korean startups
Jay-Z’s Roc Nation to invest $5 mn in S.Korea’s Musicow
US entertainment tycoon Jay-Z’s Roc Nation is expected to invest about $5 million in Musicow Inc., South Korea’s music copyright trading...
Nov 04, 2024 (Gmt+09:00)
-
K-pop
Blackpink Rosé’s APT. debuts at No. 8 on Billboard Hot 100
Blackpink Rosé's single APT. has debuted at No. 8 on the Billboard Hot 100, according to the music magazine Billboard on Tuesday.With the tit...
Oct 29, 2024 (Gmt+09:00)
-
Banking & Finance
KB Financial to use excess capital for share buybacks, dividends
KB Financial Group Inc., South Korea’s largest financial holding group, is set to use its excess capital for share buybacks and dividends next...
Oct 25, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 2 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand