Bulgari, Tiffany sales soar at Korean department stores as weak won draws big spenders home

Sales of luxury brands, including Bulgari and Tiffany, hit record highs at South Korean department stores in November, supported by a weak won that ...

Shinhan backs Chairman Jin for 2nd term after breakout performance

Shinhan Financial Group Co. on Thursday reappointed Chairman Jin Ok-dong for a second term, rewarding the former retail banker for steering the fina...

GS Group joins IMM-led group to invest in digital platform Kakao Healthcare

South Korea's energy-to-retail conglomerate GS Group is set to invest between 10 billion-20 billion won ($6.8 million-$13.6 million) in Kakao Health...

CHA Bio Group acquires Kakao Healthcare to advance into AI-based digital health segment

CHA Bio Group, the parent of CHA Biotech Co., South Korea’s leading stem cell therapeutics developer, has agreed to acquire control of Kakao H...

KKR bets on waste, renewables, digital infrastructure in Korea

South Korea’s infrastructure sector is evolving beyond regulated utilities as private sector participation expands across key asset classes.Th...

[TEST ARTICLE – DO NOT DELETE] The Future of Digital Media Subscription Models

As the global media landscape continues to evolve, digital news organizations are increasingly turning to subscription-based models to sustain quality...

Samsung to invest $110 mn in Grail to bring early-cancer test to Asia

Samsung Electronics Co. and Samsung C&T Corp. will invest $110 million in US biotech firm Grail Inc., marking one of the South Korean conglomera...

K-beauty exports surge in Q3, heading for a full-year record; destinations diversified to 205 nations

South Korea’s cosmetics exports are on track to hit another record high this year, powered by surging global demand and a widening market reac...

S.Korea’s top 4 accounting firms get revenue boost from digital, AI consulting

South Korea’s four biggest accounting firms posted record revenue in their latest fiscal years, driven by surging demand for digital transform...

Samsung, Coupang join fast-moving global stablecoin frontier

Samsung and Coupang are jumping into the global stablecoin race, backing US firms building digital payment rails, while debate over digital money dr...

Eric Trump hails South Korea as Asia’s crypto market leader

Eric Trump, the second son of US President Donald Trump, on Tuesday hailed South Korea as the frontrunner in Asia’s cryptocurrency market and ...

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...

Next-wave K-Beauty brands chart growth without outside capital

K-Beauty’s rising stars are steering clear of outside capital, opting instead for self-financed growth supported by solid cash reserves, data-...

Harman sells system integration unit to Wipro to sharpen audio focus

Harman International Industries Inc., wholly owned by Samsung Electronics Co., has sold its digital transformation solutions (DTS) unit to India&rsq...

From ramen to skincare, Samyang beats Toyo Suisan in market cap; APR nears Shiseido

As Korean food and beauty products ride a wave of enduring global demand, Samyang Foods Co. has overtaken Japan’s Toyo Suisan Kaisha Ltd., the...

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 ...

Samsung to buy US health tech firm Xealth in digital health push

Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses ...

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...

Hanwha acquires Indonesian bank, first foreign banking venture by Korean insurer

Hanwha Life Insurance Co. has become the first South Korean insurance firm to advance into the overseas banking sector by securing a controlling sta...

S.Korea’s leading ERP player Douzone Bizon up for sale; EQT, others in talks

Douzone Bizon Co., South Korea’s leading homegrown enterprise software firm and the country’s No. 2 player in the enterprise resource pl...

S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty

A wave of speculative fervor surrounding won-based stablecoins is sweeping South Korea’s equity markets, with nearly half of the top 30 perfor...

Ramen, ready-to-eat meals lead 10% rise in 2024 K-food exports

South Korea’s food exports climbed 10% on-year to $7.26 billion in 2024, led by ramen, ready-to-eat meals and seasoned seaweed, according to g...

Shinhan Securities acquires stake in Vietnam’s top trading platform FireAnt

Shinhan Securities Co., a leading South Korean brokerage house, has acquired a strategic equity stake in FireAnt, Vietnam’s largest retail tra...

Korea's science ministry picks 10 AI, digital startups to back global growth

South Korea’s Ministry of Science and ICT on Thursday announced that it has selected 10 startups founded by Koreans in a program to support th...

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...

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...

Samsung seeks tech alliance with top US universities for robotics, AI, 6G

In an ambitious bid to shape the future of technology, Samsung Electronics Co. is launching a sweeping initiative to collaborate with elite North Am...

South Korea’s young rich vs old rich: Coins, art outpace bonds, funds

Young South Korean millionaires, placing bold wagers on unconventional financial assets such as cryptocurrencies and art, are gaining ground fast, g...

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...