CPPIB, Morgan Stanley, M&G, GIC, others move to pull back from Korea’s rental housing sector

CPPIB, Morgan Stanley, M&G, GIC, others move to pull back from Korea’s rental housing sector

Global institutional investors and asset managers are moving to withdraw from South Korea’s rental housing sector, raising fears that the coun...

South Korea’s top business leaders likely to meet US President Trump at Mar-a-Lago

South Korea’s top business leaders likely to meet US President Trump at Mar-a-Lago

The leaders of South Korea’s top four conglomerates are expected to meet US President Donald Trump at his Mar-a-Lago estate in Florida this we...

BTS concert films to screen in 2,000 theaters worldwide

BTS concert films to screen in 2,000 theaters worldwide

BTS is bringing some of their most unforgettable concerts to the big screen, offering fans around the world a chance to relive the excitement of the...

YNCC avoids default with $220 mn lifeline from DL Chemical, Hanwha

YNCC avoids default with $220 mn lifeline from DL Chemical, Hanwha

Yeochun NCC Co. (YNCC), South Korea’s third-largest ethylene maker, has narrowly avoided default as its shareholders – DL Chemical Co. a...

Korea’s YNCC at default risk due to owners’ conflict amid petrochemical slowdown

Korea’s YNCC at default risk due to owners’ conflict amid petrochemical slowdown

Yeochun NCC Co. (YNCC), South Korea’s major petrochemical producer, is facing a default risk as its owners disagree over capital injections am...

K-beauty brands shine among Amazon’s 2025 Prime Day bestsellers

K-beauty brands shine among Amazon’s 2025 Prime Day bestsellers

Cosmetics and beauty devices made by South Korean companies dominated Amazon’s biggest summer shopping event this year, Prime Day, underscorin...

Korea Investment & Securities deepens global ties with 2nd IR in New York

Korea Investment & Securities deepens global ties with 2nd IR in New York

Korea Investment & Securities Co. (KIS), the brokerage unit of Korea Investment Holdings Co., said on Wednesday it hosted its flagship investor ...

Mirae Asset’s default option retirement funds top $700 mn in assets

Mirae Asset’s default option retirement funds top $700 mn in assets

Mirae Asset Global Investments Co. now manages over one-third of South Korea’s default-option retirement funds, with the assets it operates un...

S.Korea’s default risk dips below pre-martial law levels

S.Korea’s default risk dips below pre-martial law levels

South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of its currency value ag...

Nongshim captures young consumers in Indonesia

Nongshim captures young consumers in Indonesia

South Korea's instant noodle giant Nongshim Co. said on Tuesday it held Shinsational Day event in Jakarta, Indonesia. On November 15, Nongshim ...

SFH, where foreign firms build networks in Korea

SFH, where foreign firms build networks in Korea

It can be daunting to do business in a new city in a distant country. But foreign companies seeking to open businesses in South Korea’s capita...

SK Telecom to host SK AI Summit in Seoul

SK Telecom to host SK AI Summit in Seoul

South Korea's SK Telecom Co. said on Monday that it will host the SK AI Summit 2024 on November 4-5 at COEX in Seoul, expanding the annual event int...

Suwon Hwaseong Cultural Festival to be promoted as global event

Suwon Hwaseong Cultural Festival to be promoted as global event

The South Korean Ministry of Culture, Sports, and Tourism said that the Suwon Hwaseong Cultural Festival, recently chosen as a Korea Representativ...

Korea to launch regular K-content festival in June

Korea to launch regular K-content festival in June

South Korea plans to host a regular event showcasing its cultural products such as K-pop and foods in June of next year with the goal of making the ...

Korean pension subscribers show ultra-low risk tolerance

Korean pension subscribers show ultra-low risk tolerance

South Korean pension plan subscribers prefer to protect their money rather than taking risks for capital gains despite the government's effort to en...

Korea's investment forum KIW 2024 kicks off September 9

Korea's investment forum KIW 2024 kicks off September 9

South Korea’s largest investment forum Korea Investment Week 2024 (KIW 2024) will kick off next month in Seoul, drawing around 150 leaders fro...

Samyang Roundsquare holds 'Buldak Ferry Party' in Denmark

Samyang Roundsquare holds 'Buldak Ferry Party' in Denmark

Samyang Roundsquare, formerly known as Samyang Foods Group in South Korea, announced on Friday that it held a consumer event called the "Buldak Spic...

CJ Group to hold K-festa in Vietnam

CJ Group to hold K-festa in Vietnam

South Korea's CJ Group announced on Thursday that it will hold a "CJ K-festa" in Vietnam from Aug. 10 to Sept. 1, focusing on food, sports and movie...

KOSME, CJ Olive Young support K-beauty SMEs to enter US

KOSME, CJ Olive Young support K-beauty SMEs to enter US

Korea SMEs and Startups Agency (KOSME) announced on Tuesday that it held online and offline marketing and buyer meetings in partnership with CJ Oliv...

IGIS fund defaults on loan linked to German office

IGIS fund defaults on loan linked to German office

A 370-billion-won ($270 million) real estate fund managed by IGIS Asset Management Co. faces a heavy loss from its investment in Trianon, a landmark...

Samsung Electronics holds Latin America Tech Seminar

Samsung Electronics holds Latin America Tech Seminar

Samsung Electronics Co. announced on Thursday that it hosted the 2024 Latin America Tech Seminar in Sao Paulo, Brazil, on May 28 and 29.According to...

Korea's bad loan managers seek liquidity via bond sales

Korea's bad loan managers seek liquidity via bond sales

South Korean non-performing loan (NPL) managers are increasing fundraising through corporate debt issuance given an outbreak of bad loans amid highe...

Samsung holds Odyssey event with T1 in Chengdu

Samsung holds Odyssey event with T1 in Chengdu

Samsung Electronics Co. announced on Monday that it held an Odyssey gaming monitor experience event with the T1, the top-tier League of Legends team...

Starfield launches 4th annual balloon festival with iconic character displays

Starfield launches 4th annual balloon festival with iconic character displays

Starfield, a chain of large shopping malls owned by Shinsegae, a South Korean retail company, announced on Friday that its 4th annual balloon festiv...

Samsung’s The Frame selected as display for Art Basel

Samsung’s The Frame selected as display for Art Basel

Samsung Electronics Co. announced on Monday that its TV The Frame was selected as the official display for the world's largest art exhibition Art Ba...

HD Hyundai Oilbank continues to fuel Superrace Championship

HD Hyundai Oilbank continues to fuel Superrace Championship

South Korea's HD Hyundai Oilbank announced on Monday that it will continue to exclusively supply fuel for the "2024 O-NE Superrace Championship," So...

Hyundai Team secures victory at 2024 WRC Monte Carlo Rally

Hyundai Team secures victory at 2024 WRC Monte Carlo Rally

Hyundai Motor Group announced on Monday that Thierry Neuville of the Hyundai team secured the first-place victory at the Monte Carlo Rally, the inau...

Samsung AI features on 100 mn Galaxy phones by year-end: mobile chief

Samsung AI features on 100 mn Galaxy phones by year-end: mobile chief

SAN JOSE, Calif. – Samsung Electronics Co., said on Wednesday it aims to have at least 100 million units of its flagship Galaxy line of smartp...

Hanwha Ocean showcases Jangbogo-III submarine in Warsaw

Hanwha Ocean showcases Jangbogo-III submarine in Warsaw

South Korean shipbuilder Hanwha Ocean Co. held the Hanwha Ocean Day event in Warsaw, Poland, on November 29 for local media, to showcase its involve...

KG Mobility unveils Torres in Egypt

KG Mobility unveils Torres in Egypt

South Korean automaker KG Mobility Corp. said on Wednesday that the company unveiled its mid-sized sport utility vehicle (SUV) Torres in Egypt, aimi...

Samsung Electronics to develop in-house GPU for on-device AI products by 2027 Coupang saga takes new turn; Korea tries to contain negative fallout as US politician decries move OB Beer dealmaker Lee Sang-hoon clinches first solo deal with RevU acquisition K-content dominates Netflix with ‘The Great Flood’ and ‘Culinary Class Wars: Season 2’ leading global charts Hyundai Motor steps up autonomous driving push as Chairman Chung backs software unit 42dot