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...

American luxury shines in South Korea as European rivals fade

For years, South Korea was one of the most reliable markets for European luxury houses, where names like Chanel, Gucci and Louis Vuitton seemed immu...

J Ints Bio unveils 4th-generation targeted anti-cancer drug candidate

BARCELONA, Spain – J Ints Bio, a South Korean bioscience company, has unveiled JIN-A02, a fourth-generation epidermal growth factor receptor (...

JPMorgan, CLSA see Korean stocks most attractive amid Asian ‘Goldilocks rally’

South Korea’s equities market is undergoing what investors dub a “renaissance,” as global investment banks steadily upgrade their ...

Korea’s Kospi hits historic high, with rally seen extending

South Korea’s benchmark stock index closed at a record high on Wednesday, lifted by strong foreign and institutional demand for financial and ...

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...

South Korea’s Duguru picks Singapore for global debut

Duguru, a Seoul-based specialist known for blending plants with interior design, is gearing up for global expansion by bringing Korean-style landsca...

ISS backs HD Hyundai Construction-Infracore merger for efficiency, synergy

Institutional Shareholder Services Inc. has thrown its weight behind the planned merger of HD Hyundai Construction Equipment Co. and HD Hyundai Infr...

South Korea overtaken by Taiwan in monthly exports, weighed down by US tariffs

Taiwan’s monthly exports have overtaken South Korea’s overseas shipments for the first time, indicating the diverging fortunes of Asia&r...

Seoul warns MASGA project at risk as $350 bn fund talks with Washington stall

South Korea’s negotiations with the US over the launch of a $350 billion US investment fund has made little progress, a senior presidential of...

Eric Trump hails South Korea as Asia’s crypto market leader

Eric Trump, the second son of US President Donald Trump, on Tuesday hailed South Korea as the frontrunner in Asia’s cryptocurrency market and ...

S.Korea may turn to foreign bank to revive $3 billion Nexon stake sale

South Korea is likely to tap a global investment bank to breathe new life into the stalled $3 billion sale of its stake in NXC Corp., the holding co...

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...

Samsung Biologics wins $1.3 bn US order, its second-largest ever

Samsung Biologics Co. has clinched a 1.8 trillion won ($1.3 billion) contract from a US pharmaceutical company, its second-biggest deal since incept...

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...

SK Telecom debuts AI agent abroad in Japan's TimeTree tie-up

South Korea’s SK Telecom Co. is taking its artificial intelligence agent overseas for the first time, betting that Japan’s fast-growing ...

Taekwang front-runner in $360-mn Aekyung Industrial deal for K-Beauty expansion

Taekwang Industrial Co. is set to take control of Aekyung Industrial Co. in a nearly 500 billion won ($360 million) deal, betting the South Korean c...

US raid on Hyundai-LG plant seen as 2026 midterm gambit

NEW YORK – A surprise raid by US Immigration and Customs Enforcement (ICE) on a Hyundai-LG battery plant project in Georgia may be part of the...

S.Korea turns to Southwest Asia for export growth with Bangladesh in focus

South Korea is turning to Southwest Asia as a new export market with a focus on Bangladesh as it seeks to expand trade with the energy-rich, populou...

South Korea’s FSC faces closure after 17 years amid sweeping reform

South Korea’s top financial regulator, the Financial Services Commission (FSC), is poised to be written into history after 17 years, as the go...

South Korea’s Hanwha bets big on Europe with Polish missile venture

South Korea’s Hanwha Group has deepened its European push by sealing a deal to build a joint venture in Poland to produce guided missiles, the...

South Korea revises up Q2 GDP to 0.7% on stronger exports

South Korea’s economy grew faster than initially estimated in the second quarter, helped by stronger exports and firmer construction investmen...

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...

Pantheon taps Korean investors for $4 billion infrastructure fund

Pantheon, a London-headquartered leading global private markets investor, has kicked off a $4 billion fundraising round for its latest global infras...

Tesla fuels 55% surge in Korea’s online car sales, lifting e-commerce

South Korea’s online car sales surged more than 50% year over year in July, driven by the arrival of new electric car models from foreign bran...

Shinhan Financial bets on stablecoins, AI in digital overhaul  

Shinhan Financial Group Co., South Korea’s largest financial firm, is stepping up efforts to integrate stablecoins and artificial intelligence...

Chinese milk tea brand Chagee to enter South Korea through JV

Chagee, one of the largest milk tea brands in China, is set to make inroads into South Korea through a joint venture (JV) with a local partner to ta...

HYBE, Geffen to debut new global girl group in 2026 — second joint project after KATSEYE

HYBE and US label Geffen Records will launch their second global girl group in 2026, following their first joint act, KATSEYE.The Korean entertainme...

South Korea eyes record 8.1% budget hike with big AI push

South Korea’s government on Friday unveiled its largest-ever budget increase, pledging to ramp up spending on technology and social programs t...

Korean VC firms lose appetite for investment in startups amid dearth of IPOs, M&As for exit

South Korea’s startup community is facing its sharpest funding squeeze in over a decade, as venture capital (VC) firms retreat from new invest...