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...

Lotte buys land beneath Lotte New York Palace building for $490 mn

Lotte Hotels & Resorts, a South Korean luxury hotel chain, said on Monday that it had completed the purchase of the land beneath the Lotte New Y...

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...

KPop Demon Hunters OST hits No. 3 on the Billboard 200; Stray Kids’ Do It lands at No. 4

It was another milestone week for Korean music on the global stage, as the soundtrack to KPop Demon Hunters and Stray Kids’ newest album Do ...

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 ...

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...

Samsung Heavy lands nearly $1.4 bn box-ship deal, boosting shares

Samsung Heavy Industries Co., one of South Korea’s top three shipbuilders, has secured a landmark order for seven container carriers worth nea...

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 ...

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...

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 ...

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 ...

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...

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...

Golden from KPop Demon Hunters rebounds to No. 3 on UK Singles Chart

Netflix’s animated blockbuster KPop Demon Hunters continues to shine on the UK’s Official Singles Chart — even as Taylor Swift's l...

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 ...

POSCO Future M lands $470 mn anode deal with US carmaker

POSCO Future M Co., South Korea’s leading battery materials maker, has bagged a 671 billion won ($470 million) deal to supply anodes to a US a...

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...

K-beauty conquers Tokyo as Japan’s MZ generation falls under its spell

TOKYO – Eri Takagi was one of the thousands who packed the Ariake Gymnastics Stadium in Tokyo last Saturday for Mega Cosme Land 2025, a K-beau...

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...

KPop Demon Hunters’ Golden extends Hot 100 reign to 7 weeks, ties No. 2 record for a girl group

Netflix’s animated feature KPop Demon Hunters continues to fuel a chart storm, as its soundtrack hit Golden claimed the top spot once again ...

Lotte minority shareholders join forces to demand share cancellation

A coalition of minority shareholders at Lotte Corp. has stepped up pressure on management, calling for the cancellation of all treasury shares held ...

Trump calls for S.Korea’s $350 bn US investment ‘up front’ as Lutnick asks Seoul to pay more

Donald Trump has said South Korea’s pledge to invest $350 billion in the US under a bilateral trade accord must be paid “up front,&rdquo...

KPop Demon Hunters soundtrack lands at No. 2 on Billboard 200, extends 13-week streak

The soundtrack to Netflix’s animated feature KPop Demon Hunters continues to show strong commercial momentum in the US music market, climbing ...