Hanwha moves to exit Korea Zinc chair's alliance amid MBK control battle
Hanwha Group is tapping Hong Kong-based asset managers to sell shares in Korea Zinc Inc., worth about 2.5 trillion won ($1.7 billion), according to ...
Blackpink style, please: Foreign tourists flock to Seoul hair salons
On a narrow street a few minutes from Hongik University Station in western Seoul, a small hair salon receives most of its reservations not through S...
UCK Partners acquires premium wedding hall operator Umoment in $137 million deal
Seoul-based private equity firm UCK Partners is set to enter South Korea’s wedding services industry after agreeing to reacquire Umoment Co., ...
Korea's regulatory wave drives record 2025 revenue for law firms as rankings shift
South Korea’s largest law firms defied the economic headwinds in 2025 as tighter regulations over labor, antitrust and data protection became ...
EQT’s Korea infrastructure chief Suh Sang-jun leaves company in leadership shake-up
Suh Sang-jun, the executive who has led EQT Partners’ infrastructure investments in South Korea, is leaving the global private equity group, m...
S.Korea’s Kosdaq breaks past 1,000 to its 25-year peak
South Korea’s junior Kosdaq stock index on Monday reclaimed the 1,000 mark for the first time in four years, reaching its highest level in ove...
Won slides to pre-intervention levels; customs office monitors exporters’ dollar flows
The South Korean won fell back to levels seen before authorities’ aggressive intervention late last month, underscoring renewed pressure on th...
Hyundai-backed Motional to roll out IONIQ 5 robotaxis in Las Vegas in late 2026
LAS VEGAS – South Korea’s auto behemoth Hyundai Motor Group is set to take its most decisive step yet toward commercial autonomous drivi...
K-beauty’s 2nd wave extends to wellness, lifestyle services: VIG Partners
No longer confined to skincare and makeup, the K-beauty has evolved into a multi-layered ecosystem spanning fashion items, wellness and lifestyle se...
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...
Hyundai taps Porsche, BMW-bred Manfred Harrer as R&D chief in sweeping leadership shake-up
South Korea’s top automaker Hyundai Motor Group is replacing the heads of both hardware and software development in its boldest executive resh...
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...
Sino-Japanese tensions: Boon for Korean retailers; Musinsa, Daiso, CU welcome Chinese tourists
When 28-year-old Mao Xin arrived in Seoul late last month, Japan – once her preferred holiday destination – was no longer on the itinera...
Hyundai-Kia’s US market share climbs to record 10.9% in October
Hyundai Motor Co. and Kia Corp., under South Korea’s auto behemoth Hyundai Motor Group, are rapidly rewriting their place in the US auto marke...
Seoul to introduce tax incentives to revitalize Kosdaq market
After helping ignite a rally in the Kospi under South Korea's President Lee Jae Myung’s pro-market tilt, Seoul is turning its reform agenda to...
Korea’s ‘bakery pilgrimage’ craze fuels record spending on pastries, coffee
South Korea’s latest travel quest doesn’t involve temples, beaches or mountain trails. Instead, young Koreans are boarding high-speed tr...
Won tumbles to last year’s political crisis level; BOK chief vows intervention if needed
The South Korean won slid to its weakest level in seven months on Wednesday, briefly touching 1,470 against the dollar, as foreign investors pulled ...
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 ...
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...
JP Morgan eyes Kospi at 5,000 in a year; index jumps to new peak
JP Morgan raised its 12-month target for South Korea’s benchmark Kospi index to 5,000, saying an AI-powered chip rally and Seoul’s corpo...
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...
Private credit to emerge as structural solution beyond mid-risk, mid-return assets: KIC
Private credit is expected to continue growing as a mainstream asset class, providing a structural financing solution for small and medium-sized ent...
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...
US, S.Korea wrap up high-level tariff talks; test of political will in Trump, Lee’s hands
With the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju just days away, South Korea and the US have effectively concluded their final r...
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 ...
Seoul hotel prices soar to record highs as tourist boom overwhelms supply
In Seoul, even a hotel room costing 1 million won ($705) a night is hard to come by. From five-star towers in the affluent Gangnam district to budge...
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...
S.Korea steps in as won breaches 1,430 on escalating US-China tensions
South Korea’s foreign exchange authorities delivered their first verbal intervention in one and a half years on Monday, responding to a sharp ...
S.Korea says no US investments until visa, currency swap issues resolved
South Korea has warned that unresolved visa disputes and currency swap issues with Washington could derail tens of billions of dollars in Korean cor...
