GS E&C offloads Spanish water treatment arm GS Inima for $1.2 bn

GS Engineering & Construction Corp. (GS E&C) said on Friday it has agreed to sell its Spanish water treatment arm GS Inima Environment SA fo...

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...

AWS, Upstage deepen ties in AI drive across Asia-Pacific, US

Amazon Web Services (AWS) has reinforced its partnership with South Korean artificial intelligence startup Upstage, backing the company with a minor...

Kpop Demon Hunters sweeps Billboard Hot 100 with three OST tracks in Top 10

The soundtrack from Netflix’s animated feature Kpop Demon Hunters is rewriting chart history. Three of its tracks have landed in the Billboard...

Hana Bank, Vietnam’s BIDV to expand cross-border QR payment services under strategic partnership

Hana Bank, one of South Korea’s leading lenders, said on Wednesday that it has signed an agreement with Vietnam's largest state-owned commerci...

LG expands appliance subscription service to Singapore

LG Electronics Inc. has introduced a subscription service in Singapore for home appliances ranging from water purifiers to air conditioners, refrige...

Huntr/x’s Golden from KPop Demon Hunters rules Billboard by topping Hot 100 Chart

A fictional K-pop girl group from a Netflix animated film has achieved what few real-world acts have managed – conquering both sides of the At...

Kayne Anderson sees strategic opportunity in resilient, needs-based real estate sectors

Despite an uncertain economic landscape, Kayne Anderson Real Estate, the real estate investment arm of Kayne Anderson, is doubling down on what it d...

KPop Demon Hunters’ OST holds at No. 2 on Billboard 200; Golden eyes Hot 100 top spot

The original soundtrack (OST) to Netflix’s animated feature KPop Demon Hunters has held its No. 2 position on the Billboard 200 for a second c...

LG CNS to build AI data center in Indonesia, first for Korean firm

LG CNS Co., the information technology services unit of South Korea’s LG Group, has bagged a deal to build an artificial intelligence-ready da...

Korean Air to launch premium economy at lower prices than rivals

Korean Air Lines Co., South Korea’s top full-service carrier, on Tuesday unveiled a plan to introduce a premium economy class in September at ...

KPop Demon Hunters’ Golden, Your Idol face off on Billboard chart

In a twist where fiction meets chart-topping reality, two songs from the animated universe of KPop Demon Hunters are now locked in a very real rival...

Yulchon, FleishmanHillard sign partnership to strengthen shareholder activism advisory

Yulchon LCC, one of South Korea’s leading law firms, has signed a memorandum of understanding with FleishmanHillard Korea to strengthen their ...

Huntrix, Saja Boys bring KPop Demon Hunters rivalry to real world stage

They're no longer just virtual: Netflix's hit animated film KPop Demon Hunters is taking on real-life stars on K-pop’s biggest music award sho...

LG launches ChatExaone AI beta service, available soon for enterprise use

South Korea’s fourth-largest conglomerate LG Group has made its artificial intelligence chatbot, ChatExaone, available to external users, sign...

Korean budget carriers in the red as Japan travel slows, fare war intensifies

South Korea’s low-cost carriers (LCCs) are racking up losses as slowing growth in travel, particularly to Japan, fueled price wars to fill exc...

Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity

Lotte Rental Co., South Korea’s No. 1 car rental and leasing company, is facing a backlash from a key minority shareholder over its planned ri...

KPop Demon Hunters OST lands at No.6 on Billboard Hot 100

The original soundtrack Golden from Netflix’s hit animated movie KPop Demon Hunters has made chart history, becoming the first track by a virt...

Cohen & Steers names Andrew Shin to lead S.Korea institutional business

US-based investment firm Cohen & Steers Inc. has appointed Andrew Shin, a 20-year veteran of the institutional investment market, as vice presid...

S.Korea’s CDMO giant Samsung Biologics to offer CRO services

Samsung Biologics Co., the world’s largest contract drugmaker, will enter the contract research organization (CRO) market by leveraging its va...

K-pop pilgrimage boosts Seoul ahead of BTS comeback

With the days numbered until all seven BTS members reunite as a group, a K-pop pilgrimage is revitalizing Seoul’s cultural and tourism sectors...

Hyundai Motor-backed Motional names AI veteran Laura Major as CEO

Motional Inc., the autonomous driving joint venture backed by Hyundai Motor Group, has appointed Laura Major, an artificial intelligence and robotic...

SpaceX’s Starlink, Eutelsat’s OneWeb land in Korea for LEO satellite services

South Korea has officially cleared the way for low-earth orbit (LEO) satellite internet services, granting regulatory approval for SpaceX’s St...

Korean pension funds, insurers seek customized investment vehicles

South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as ...

Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million

Korean Air Lines Co., South Korea’s largest full-service carrier, and its joint venture partner Delta Air Lines Inc. will acquire a 25% stake ...

S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds

The Government Employees Pension Service (GEPS), one of South Korea’s top three public pension programs, will commit up to 200 billion won ($1...

Coupang’s Q1 revenue up; quarterly dip signals rising competition

Coupang Inc., South Korea’s largest e-commerce platform, extended its year-on-year sales growth with an 11.1% increase to post $7.9 billion in...

S.Korea’s medical tourism thrives on weak currency

Foreign visitors to South Korea jumped nearly 20% early this year, largely driven by a sharp depreciation in the country’s currency value agai...

LG CNS breaks into US smart city market

LG CNS Co., the information technology service unit of South Korea’s LG Group, has won its first public-sector smart city contracts in the US,...

US PE firm Miri Capital ups stake in Korea’s STIC Investments

US private equity firm Miri Capital Management LLC said on Tuesday it has raised its stake in STIC Investments Inc. to step up its shareholder activ...