Coupang saga takes new turn; Korea tries to contain negative fallout as US politician decries move

The saga over South Korea’s largest e-commerce platform operator Coupang Inc. is escalating as a massive personal data breach at the company t...

Carlyle’s KFC Korea bet: Engineered for exit flexibility

When the Carlyle Group finalized its acquisition of KFC Korea this week, the industry’s attention shifted immediately from the "what" to the "...

Economic volatility offers opportunity for US alternative property investments: Kayne Anderson CEO

Global economic uncertainty is providing an opportunity for investments in US alternative real estate, including outpatient medical office and senio...

LG Energy's $6.5 bn EV battery supply deal with Ford terminated

LG Energy Solution Ltd. said on Wednesday that its long-term electric vehicle battery supply agreement with Ford Motor has been terminated following...

Korea Zinc offers preferential terms to US with option to buy up to 34.5% in $7 bn smelter

Korea Zinc Inc. has agreed to grant the US government an option to acquire up to a 34.5% stake in a minerals smelter it plans to build in Tennessee,...

Seoul fires starting gun on $102 bn fund with demand already outpacing supply

South Korea officially launched its 150 trillion won ($102 billion) sovereign-backed investment vehicle on Thursday, revealing that initial funding ...

South Korea plans domestic asset-backed wealth fund modeled on Temasek

South Korea plans to create a sovereign wealth fund that would invest in state-owned assets, valued at around 1,300 trillion won ($900 billion), mod...

Korean pension fund NPS weighs role in naming financial firms’ directors as regulator pushes governance overhaul

South Korea’s financial watchdog is set to prod the state-run pension fund, the National Pension Service (NPS), to make active use of its shar...

Dongwon mulls renewed bid for HMM, 'the pinnacle dream' of its 90-yr-old founder

Dongwon Group, South Korea’s top canned tuna maker, is weighing a renewed bid for HMM Co., according to local media reports on Friday, after l...

Korea’s ruling party pushes mandatory tender offers; critics warn moves may chill M&A market

South Korea’s ruling Democratic Party (DP) is pushing ahead with plans to introduce a mandatory tender offer regime, setting up a fresh clash ...

SK Group sets early 2026 deadline to complete SK Siltron divestment

SK Group is accelerating its efforts to divest SK Siltron Co., the world’s third-largest semiconductor wafer producer, targeting a deal closin...

AI bubble alarm slams S.Korean stocks, but analysts call to buy on dips

South Korean stocks tumbled on Friday as renewed anxiety over a potential artificial-intelligence bubble rippled through global markets, triggering ...

SK Hynix to ramp up 1c DRAM production 8-fold in 2026

SK Hynix Inc., a crucial supplier of high-bandwidth memory to Nvidia Corp.’s artificial-intelligence processors, is set to boost output of its...

Korea Inc. braces for ‘new normal’ of weak won as majority sees 2026 FX above 1,400 won

South Korean companies are drawing up next year’s business plans on the assumption that the foreign exchange rate will remain above 1,400 won ...

Korean eyewear shops: Foreign tourists’ new pilgrimage as K-glasses catch on

When foreign travelers touch down in Seoul these days, many still make the well-trodden pilgrimages to Daiso, Korea’s largest discount store c...

US private credit market poised for steady growth: Apogem Capital

The US private credit market is poised for continued growth as lending demand broadens from mid-market firms to smaller businesses, and institutiona...

Blackpink puts final touches on comeback album, set for release in January

Blackpink is back in the studio — and the wait is almost over.The K-pop juggernaut is fine-tuning its long-awaited comeback album, marking the...

Nvidia strikes AI alliance with S.Korea, pledges 260,000 GPUs worth $9.8 billion by 2030

GYEONGJU – Nvidia Corp. has agreed to supply 260,000 units of its high-end graphics processing units (GPUs) to South Korea’s government ...

Korean LPs seek to diversify private debt assets, prioritize liquidity over yields

South Korean major asset owners are seeking to diversify their senior direct lending-focused private credit portfolios into subordinated and distres...

Samsung steals the show at APEC venue with its 1st triple-folding smartphone

GYEONGJU – On the eve of the Asia-Pacific Economic Cooperation (APEC) CEO Summit in South Korea’s historic city of Gyeongju, attention t...

KED Global launches premium membership for international readers

The Korea Economic Daily Global Edition (KED Global), the English-language business news platform of The Korea Economic Daily, has launched KED Memb...

Jisoo makes Billboard Hot 100 debut, completing Blackpink’s historic all-member entry

K-pop star Jisoo, a member of Blackpink, has entered the Billboard Hot 100 for the first time as a solo artist, marking a new milestone for the glob...

Samsung’s Galaxy XR blends AI, immersion at half the price of Apple’s Vision Pro

Samsung Electronics Co. wants to make artificial intelligence wearable.Its new Galaxy XR headset, unveiled on Wednesday, is its boldest attempt yet ...

BTS’ J-Hope to feature in Le Sserafim’s new single Spaghetti, out Oct. 24

BTS’ J-Hope is teaming up with Le Sserafim for their upcoming single Spaghetti, set to release on Oct. 24. This marks J-Hope’s first col...

[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...

KPop Demon Hunters’ EJAE sends open call to BTS’ Jungkook: 'He sings so well'

EJAE, the singer-songwriter behind Golden, the breakout track from Netflix’s animated film KPop Demon Hunters, has expressed her desire to col...

Kia gears up electrification with new EV models and factory upgrades

Kia Corp., South Korea’s second-largest automaker, is accelerating its transition toward electrification, unveiling plans to add new electric ...

Korean haircare products emerge as K-beauty’s next frontier

The allure of Korean beauty is extending into Korean haircare as style-savvy consumers begin treating their hair and scalp with the same care as the...

BTS’ Spring Day ranks No. 37 on Rolling Stone’s ‘Greatest Songs of the 21st Century’ list

Some songs fade with time — and then there’s Spring Day.Eight years after its release, BTS’s beloved ballad continues to warm hear...

Blackpink’s JUMP becomes fastest K-pop girl group song to surpass 300 million Spotify streams

Blackpink has set another streaming milestone, as their digital single JUMP crossed 300 million plays on Spotify, the world’s largest music pl...