Won rallies to 2-month high as NPS steps in; Views differ on 2026 FX outlook

The South Korean won strengthened to its highest level in two months against the dollar on Friday, as aggressive government intervention in the fore...

LG Energy scraps $2.8 bn US contract in 2nd supply cancellation in December

LG Energy Solution Ltd. said on Friday it has agreed to terminate a $2.8 billion battery supply contract with battery pack maker Freudenberg Battery...

K-content dominates Netflix as The Great Flood and Culinary Class Wars: Season 2 lead global charts

On a week when viewers around the world were scrolling for something new to watch, Korean content quietly took over the top of Netflix’s globa...

S.Korea’s $4.7 bn next-generation destroyer project set as 2-way race between Hanwha Ocean, HD Hyundai

South Korea has decided to select the builder of its advanced next-generation destroyers through a competitive bidding process, ending two years of ...

Samsung unveils Exynos 2600, industry’s first 2 nm AP

Samsung Electronics Co. on Friday set out details of its latest application processor, the Exynos 2600, the industry’s first smartphone chip p...

Kakao Mobility’s 40% stake up for sale again; Hyundai, Delivery Hero tapped as buyers

A 40% stake in Kakao Mobility Corp., South Korea’s most popular taxi-hailing app operator, is up for sale again, with Hyundai Motor Group and ...

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...

Hyundai Rotem nears $2 bn armored vehicle supply deal with Peru

Hyundai Rotem Co. has signed a tentative agreement with Peru's national defense company to supply a total of 195 armored vehicles, South Korea's pre...

Morgan Stanley PE Korea head Michael Hwey Hoon Chung steps down after 2 decades

Michael Hwey Hoon Chung, managing director at Morgan Stanley and head of Morgan Stanley Private Equity Asia's (MSPEA) South Korean operations, is ...

HD Hyundai seeks to build India shipyard to diversify production footprint

HD Hyundai Co. is seeking to build a new shipyard in India’s Tamil Nadu state as South Korea’s largest shipbuilding group moves to diver...

K-Beauty sweeps Amazon best-sellers list during US Black Friday

South Korea's beauty brands have outperformed global cosmetics giants to dominate sales rankings on Amazon.com during the US Black Friday shopping b...

Is fever for Samyang’s Hot Chicken Flavor Ramen subsiding?

The globally renowned Hot Chicken Flavor Ramen is losing steam due to weaker demand following price hikes in the US and limitations in its core cons...

KPop Demon Hunters OST ranks No. 2 on Spotify’s most-streamed albums of 2025

It began as a passionate project tied to a cult-favorite animated film — and now has become one of the world’s most-streamed bodies of m...

Doosan Bobcat seeks to acquire Germany’s Wacker Neuson valued at $2.3 billion

Doosan Bobcat Co., a global construction machinery maker owned by South Korea’s Doosan Group, is seeking to acquire Wacker Neuson SE, a German...

KPop Demon Hunters Golden holds No. 2 on Hot 100; OST lands at No. 5 on Billboard 200

In a year crowded with pop heavyweights and blockbuster releases, one unlikely contender keeps hanging on near the top of the charts — a ficti...

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 ...

How Seoul’s quiet legal machine beat Lone Star in 2-decade battle

South Korea’s decisive victory in its long-running arbitration battle with Lone Star Funds was not the result of a single legal breakthrough o...

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 ...

KPop Demon Hunters hot run continues as Golden hits 4th straight week at No. 2 on Hot 100

The global momentum behind Netflix’s animated hit KPop Demon Hunters continues to intensify, with the film’s original soundtrack turni...

S.Korea’s biosimilar giant Celltrion pledges $2.7 billion investment at home

South Korea’s Celltrion Inc. plans to invest 4 trillion won ($2.7 billion) in its domestic biopharmaceutical operations over the next three ye...

Samsung wins 2 nm chip orders from Chinese crypto miners as it races to close gap with TSMC

Samsung Electronics Co., a leading global memory chipmaker, has secured two new clients for its latest 2-nanometer chip manufacturing technology, wi...

Golden from KPop Demon Hunters slips to No. 2 on UK Singles Chart

As the year-end chart race intensifies, Golden from Netflix’s animated film KPop Demon Hunters continued to resonate with UK listeners, landin...

Hyundai Motor Group to build $2.7 bn EV mother factory in S.Korea

Hyundai Motor Group, the world’s third-largest automaker with 7.23 million vehicles sold last year, will invest 4 trillion won ($2.7 billion) ...

LG Chem wins $2.6 billion cathode deal with US client

LG Chem Ltd. has secured a 3.8 trillion won ($2.6 billion) contract to supply cathodes, a key material in lithium-ion batteries, to a US customer, S...

Golden holds No. 2 on Hot 100 as KPop Demon Hunters' OST marks 18 weeks of multi-track success

The soundtrack of Netflix’s global hit animated film KPop Demon Hunters is extending its remarkable reign on the US Billboard charts, with all...

ABL Bio lands $2.6 bn Eli Lilly deal, capping record year for S.Korean biotech exports

ABL Bio Inc., a South Korean biotechnology company, has signed a $2.6 billion licensing and joint research agreement with Eli Lilly and Co. for its ...

NCSOFT to accelerate global expansion with new titles led by Aion 2

NCSOFT Corp., a leading South Korean game developer and publisher, is gearing up for a major global expansion next year with several new releases af...

BTS’ Jin teams up with Otoki to conquer Indonesia’s instant noodle market

Otoki Co., one of South Korea’s leading food manufacturers, is partnering with BTS member Jin to expand its presence in Indonesia, the world&r...

KPop Demon Hunters soundtrack stays at No. 2 on Billboard 200 as Taylor Swift extends her reign

Even in a chart battle dominated by Taylor Swift, K-pop refuses to fade from the spotlight. The KPop Demon Hunters soundtrack has locked in its plac...

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...