Hong Kong-based Gaw Capital poised to acquire Koentec for $500 mn

Hong Kong-based Gaw Capital poised to acquire Koentec for $500 mn

Hong Kong-based private equity firm Gaw Capital Partners has emerged as the preferred bidder for Koentec Co., a South Korean industrial waste incine...

S.Korea’s steel exports set to slide to 5-year low as Chinese supply floods markets

S.Korea’s steel exports set to slide to 5-year low as Chinese supply floods markets

South Korea’s steel industry is heading toward its weakest export performance in five years, as a prolonged global construction slump collides...

Korean films No Other Choice and KPop Demon Hunters each earn 3 Golden Globe nominations

Korean films No Other Choice and KPop Demon Hunters each earn 3 Golden Globe nominations

Two Korean titles — Park Chan-wook’s No Other Choice and Netflix’s animated feature KPop Demon Hunters — have each captured ...

Weak won: A double-edged sword for Korean tourism industry

Weak won: A double-edged sword for Korean tourism industry

South Korea’s travel market is splitting in two as a protracted weak-won cycle versus the dollar is driving an early year-end boom for hotels ...

Seoul taps Mirae Asset's Park, Celltrion's Seo to co-lead $102 bn National Growth Fund

Seoul taps Mirae Asset's Park, Celltrion's Seo to co-lead $102 bn National Growth Fund

South Korea has asked two of its most prominent billionaire entrepreneurs – Mirae Asset Group Chairman Park Hyeon-joo and Celltrion founder Se...

Johns Hopkins University, IFEZ to host global biotech innovation summit in Korea

Johns Hopkins University, IFEZ to host global biotech innovation summit in Korea

Johns Hopkins University will bring prominent figures from the US and South Korea’s life-science communities together in Songdo on Thursday fo...

Enchem tipped to secure $1 bn electrolyte supply deal with CATL

Enchem tipped to secure $1 bn electrolyte supply deal with CATL

Enchem Co., a South Korean battery materials producer, is tipped to secure a five-year electrolyte supply contract worth 1.5 trillion won ($1 billio...

Offshore investors boost appetite for Korean real estate; Singapore funds at forefront

Offshore investors boost appetite for Korean real estate; Singapore funds at forefront

A softening won and lower interest rates are raising foreign appetite for South Korean commercial real estate, with Singaporean heavyweights  -...

Lotte Chemical, HD Hyundai Chemical agree to merge naphtha facilities amid industry overhaul

Lotte Chemical, HD Hyundai Chemical agree to merge naphtha facilities amid industry overhaul

South Korea has launched its most sweeping petrochemicals restructuring in decades after Lotte Chemical Corp., the country’s largest petrochem...

SK Hynix to ramp up 1c DRAM production 8-fold in 2026

SK Hynix to ramp up 1c DRAM production 8-fold in 2026

SK Hynix Inc., a crucial supplier of high-bandwidth memory to Nvidia Corp.’s artificial-intelligence processors, is set to boost output of its...

Yen's slide pushes Korean won to 7-month low amid worries over Japan's fiscal plan

Yen's slide pushes Korean won to 7-month low amid worries over Japan's fiscal plan

The Korean won fell to its weakest level in seven months on Thursday, weighed down by a sharp decline in the Japanese yen following reports of Japan...

From founders to successors, S. Korea’s PE firms turn to younger bench for next phase

From founders to successors, S. Korea’s PE firms turn to younger bench for next phase

South Korea’s private equity industry, now in its 20th year, is entering a pivotal leadership transition as second-generation dealmakers step ...

Netflix, S.Korean rivals bleed cash as fight for OTT market heats up

Netflix, S.Korean rivals bleed cash as fight for OTT market heats up

South Korea’s streaming battlefield has become so cutthroat that even Netflix Inc., the world’s largest over-the-top (OTT) platform, is ...

Golden from KPop Demon Hunters slips to No. 2 on UK Singles Chart

Golden from KPop Demon Hunters slips to No. 2 on UK Singles Chart

As the year-end chart race intensifies, Golden from Netflix’s animated film KPop Demon Hunters continued to resonate with UK listeners, landin...

Samsung’s Jay Y. Lee, LG’s top brass discuss cooperation with Mercedes-Benz chief in Seoul

Samsung’s Jay Y. Lee, LG’s top brass discuss cooperation with Mercedes-Benz chief in Seoul

Samsung Electronics Co. Chairman Lee Jae-yong and Mercedes-Benz Chief Executive Ola Källenius met in Seoul on Thursday to discuss expanding coo...

KPop Demon Hunters soundtrack stays at No. 2 on Billboard 200 as Taylor Swift extends her reign

KPop Demon Hunters soundtrack stays at No. 2 on Billboard 200 as Taylor Swift extends her reign

Even in a chart battle dominated by Taylor Swift, K-pop refuses to fade from the spotlight. The KPop Demon Hunters soundtrack has locked in its plac...

Chinese high rollers lift Korean casino operators' profits in Q3

Chinese high rollers lift Korean casino operators' profits in Q3

South Korea’s casino operators reported solid third-quarter earnings, supported by a sharp increase in Chinese tourists and a recovery in the ...

Korea to overhaul steel industry, pledges $139 million in specialty steel R&D subsidies

Korea to overhaul steel industry, pledges $139 million in specialty steel R&D subsidies

South Korea on Tuesday unveiled a package to overhaul its steel industry, with government-backed plans for production cuts, an increase in the outpu...

Golden from KPop Demon Hunters holds at No. 2 on Billboard Hot 100 amid Taylor Swift’s chart reign

Golden from KPop Demon Hunters holds at No. 2 on Billboard Hot 100 amid Taylor Swift’s chart reign

Even with Taylor Swift ruling the charts, Golden from Netflix’s animated blockbuster KPop Demon Hunters refuses to fade from the spotlight. Th...

Samsung SDI set to supply ESS batteries to Tesla amid industry shift toward US-made parts

Samsung SDI set to supply ESS batteries to Tesla amid industry shift toward US-made parts

Samsung SDI Co. is set to clinch its first large-scale battery supply agreement with Tesla Inc., a deal for energy storage systems (ESS) estimated a...

Nvidia strikes AI alliance with S.Korea, pledges 260,000 GPUs worth $9.8 billion by 2030

Nvidia strikes AI alliance with S.Korea, pledges 260,000 GPUs worth $9.8 billion by 2030

GYEONGJU – Nvidia Corp. has agreed to supply 260,000 units of its high-end graphics processing units (GPUs) to South Korea’s government ...

Eight KPop Demon Hunters OST tracks hold strong on US Billboard Hot 100 despite Taylor Swift’s chart-topping surge

Eight KPop Demon Hunters OST tracks hold strong on US Billboard Hot 100 despite Taylor Swift’s chart-topping surge

The music of KPop Demon Hunters just won’t quit. Eight tracks from the original soundtrack of Netflix’s hit animated film have held thei...

KPop Demon Hunters' OST Golden climbs to No. 2 on Billboard Hot 100, challenges Taylor Swift’s reign

KPop Demon Hunters' OST Golden climbs to No. 2 on Billboard Hot 100, challenges Taylor Swift’s reign

Golden, the breakout song from Netflix’s hit animated film KPop Demon Hunters, has climbed to No. 2 on the Billboard Hot 100, holding ground a...

Hana to set up consumer protection committee, 1st in Korea's financial industry

Hana to set up consumer protection committee, 1st in Korea's financial industry

Hana Financial Group will establish a consumer protection committee within its board of directors, becoming the first South Korean financial institu...

Blackpink set for full-group comeback, begins filming new music video this week

Blackpink set for full-group comeback, begins filming new music video this week

After a long wait, Blackpink is finally reuniting as a full group to prepare for their much-anticipated comeback. The members are set to begin filmi...

Taekwang signs definitive $331 million deal to acquire K-beauty firm Aekyung Industrial

Taekwang signs definitive $331 million deal to acquire K-beauty firm Aekyung Industrial

A consortium led by Taekwang Industrial Co. is set to sign a definitive agreement to acquire a controlling stake in Aekyung Industrial Co. from AK H...

Korean specialty alloy makers SeAH, Poongsan set to ride defense, space industry boom

Korean specialty alloy makers SeAH, Poongsan set to ride defense, space industry boom

South Korea’s specialty alloy producers are stepping up investment to capture booming demand from defense and aerospace industries, as global ...

KPop Demon Hunters sweeps US Halloween costume charts, igniting fresh K-culture craze

KPop Demon Hunters sweeps US Halloween costume charts, igniting fresh K-culture craze

Buzz for Netflix’s global animated hit KPop Demon Hunters shows no sign of slowing — and now it’s taking over Halloween. With the ...

S.Korea to leap to Asia’s No. 2 industrial gas market by 2035: Air Liquide

S.Korea to leap to Asia’s No. 2 industrial gas market by 2035: Air Liquide

South Korea, home to the world’s top two memory chipmakers, is poised to become Asia’s second-largest industrial gas market in a decade,...

SK Earthon puts stake in oil blocks in Vietnam up for sale

SK Earthon puts stake in oil blocks in Vietnam up for sale

SK Earthon Co., the oil exploration arm of SK Innovation Co., has put its stake in three oil blocks in Vietnam, estimated to be worth 200 billion wo...

LG Energy's $6.5 bn EV battery supply deal with Ford terminated Korea Zinc offers preferential terms to US with option to buy up to 34.5% in $7 bn smelter Return of BTS, BigBang, EXO put K-pop stocks back in play Waste management firm Ecorbit in talks to buy landfill operator Keco No Other Choice and KPop Demon Hunters step closer to the Oscars with shortlist recognition