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...

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...

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...

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...

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...

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 ...

Asia’s richest man Ambani to meet with Samsung’s Jay Y. Lee in Seoul for Indian business

Mukesh Ambani, India’s richest man and chairman of Reliance Industries Ltd., will come to South Korea for talks with Samsung Electronics Co. C...

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...

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...

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...

K-wave tourist shopping spree fuels South Korean retailers

South Korean retailers are pinning their hopes on a wave of foreign tourists lured by booming Korean pop culture — from KPop Demon Hunters to ...

Korea Investment & Securities, Man Group seek to launch Asia equity fund

Korea Investment & Securities Co. (KIS) and Man Group are preparing to roll out an Asia-focused equity fund, marking their second joint investme...

LG to power future growth with Indian unit’s blockbuster IPO

LG Electronics Inc.'s Indian unit is poised to make history in India’s equity market, with its planned 1.8 trillion won ($1.3 billion) listing...

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...

LG Electronics eyes completion of Indian unit’s IPO process by October

LG Electronics Inc. has moved ahead with the long-delayed initial public offering of its wholly owned Indian subsidiary, aiming to complete the proc...

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...

Detained Koreans return home; Raid likely to delay US battery plant by 3 months

More than 300 South Koreans who were detained in a massive immigration raid on a battery joint venture between Hyundai Motor Co. and LG Energy Solut...

Samsung chairman’s son gives up US citizenship to enlist as naval officer in Korea

Lee Jee-ho, the eldest son of Lee Jae-yong, chairman of South Korea’s largest conglomerate Samsung, is set to begin military service as a nava...

Google to blur South Korean security sites on mapping services

Google Inc. will remove geographic coordinates of South Korea’s security locations and blur sensitive sites on its maps and Google Earth to ad...

S.Korean firms to overhaul US workforce supply, see delays, higher costs

South Korean companies building plants in the US are reassessing their projects and overhauling workforce supply after US authorities last week deta...

Overseas equity boom lifts foreign currency deposits to record levels in South Korea

South Korea’s securities firms are sitting on record levels of foreign currency deposits as retail investors pile into overseas securities, pr...