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...

K-beauty’s 2nd wave extends to wellness, lifestyle services: VIG Partners

No longer confined to skincare and makeup, the K-beauty has evolved into a multi-layered ecosystem spanning fashion items, wellness and lifestyle se...

Hana Financial to expand US presence with $100 mn injection into US banking arm

Hana Financial Group is moving to strengthen its presence in the US with a fresh capital injection into its local banking unit, as South Korean comp...

Korea presidential office convenes FX meeting with top exporters as it eases FX rules

South Korea’s presidential office on Thursday convened an emergency meeting with executives from seven of the country’s largest conglome...

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...

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,...

South Korean won weakens past 1,480 per dollar, lowest in 8 months

South Korea’s won weakened past the 1,480 per dollar in intraday trade on Wednesday, reaching its weakest point in about eight months as forei...

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 ...

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...

Samsung, SK Hynix stand to win big as Nvidia’s H200 earns US approval for China

Samsung Electronics Co. and SK Hynix Inc. are poised for a multi-trillion-won (multi-billion-dollar) boost after Washington has cleared Nvidia Corp....

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...

LG to supply AI infrastructure solutions to Microsoft worth billions of dollars annually

LG Group’s key units, including LG Electronics Inc. and LG Energy Solution Ltd., signed a memorandum of understanding (MOU) with Microsoft Cor...

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 ...

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...

NPS weighs boosting Korean stock allocation as rally tests limits

The National Pension Service, South Korea’s state-run pension scheme, is considering using its annual tactical asset allocation (TAA) plan to ...

GM Korea to close company-run service centers amid US tariff pressure

GM Korea will shut down its company-operated service centers in South Korea by February 2026, according to people close to the matter on Friday. The...

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...

Seoul office deals in 2025 on track to hit record high

Office transactions in the Seoul Metropolitan Area reached 5.9 trillion won ($4.1 billion) in the third quarter, surpassing 5 trillion won for the s...

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...

AWS, 6 other global giants pledge $9 bn Korean investment as Trump, Lee address APEC CEO Summit

GYEONGJU – Seven global tech giants, including Amazon Web Services (AWS), on Wednesday unveiled a combined $9 billion investment plan in South...

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...

ChatGPT now available on KakaoTalk, S.Korea’s top messaging app

ChatGPT, the world’s most famous generative artificial intelligence service by OpenAI Inc., is now available on KakaoTalk, South Korea’s...

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...

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...