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...

Shinhan backs Chairman Jin for 2nd term after breakout performance

Shinhan backs Chairman Jin for 2nd term after breakout performance

Shinhan Financial Group Co. on Thursday reappointed Chairman Jin Ok-dong for a second term, rewarding the former retail banker for steering the fina...

South Korea's Lee to meet SoftBank’s Masayoshi Son on AI infrastructure expansion

South Korea's Lee to meet SoftBank’s Masayoshi Son on AI infrastructure expansion

South Korean President Lee Jae Myung is set to meet with Masayoshi Son, the founder and chairman of SoftBank Group, on Friday to discuss the Japanes...

Reliance's Ambani explores broader partnership with Samsung's Lee in Seoul

Reliance's Ambani explores broader partnership with Samsung's Lee in Seoul

Mukesh Ambani, the Indian billionaire and chairman of Reliance Industries Ltd., met with Samsung Electronics Co. Chairman Lee Jae-yong on Tuesday as...

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

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...

Shinsegae’s Chung Yong-jin spotted meeting Donald Trump Jr. in Spain

Shinsegae’s Chung Yong-jin spotted meeting Donald Trump Jr. in Spain

Shinsegae Inc. Chairman Chung Yong-jin has been observed strengthening ties with Donald Trump Jr., underscoring the South Korean retail tycoon&rsquo...

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...

BTS’ Jin teams up with Otoki to conquer Indonesia’s instant noodle market

BTS’ Jin teams up with Otoki to conquer Indonesia’s instant noodle market

Otoki Co., one of South Korea’s leading food manufacturers, is partnering with BTS member Jin to expand its presence in Indonesia, the world&r...

Samsung’s Jay Y. Lee to meet with Mercedes-Benz chief in Seoul next week

Samsung’s Jay Y. Lee to meet with Mercedes-Benz chief in Seoul next week

Samsung Electronics Co. Chairman Lee Jae-yong is set to meet Mercedes-Benz Chief Executive Ola Källenius in Seoul next week, as the two groups ...

Beijing warms to K-pop comeback as Xi signals thaw in China’s ‘Korean wave’ ban

Beijing warms to K-pop comeback as Xi signals thaw in China’s ‘Korean wave’ ban

GYEONGJU – China may be inching closer to lifting its unofficial ban on South Korean entertainment, as President Xi Jinping appeared receptive...

Samsung heirs sell $1.3 bn stake in Samsung Electronics for inheritance taxes

Samsung heirs sell $1.3 bn stake in Samsung Electronics for inheritance taxes

The heirs of late Samsung Group Chairman Lee Kun-hee offloaded about 1.8 trillion won ($1.3 billion) worth of Samsung Electronics Co. shares through...

Samsung heirs sell $1.3 bn stake in Samsung Electronics for inheritance taxes

Samsung heirs sell $1.3 bn stake in Samsung Electronics for inheritance taxes

The heirs of late Samsung Group Chairman Lee Kun-hee offloaded about 1.8 trillion won ($1.3 billion) worth of Samsung Electronics Co. shares through...

AWS, 6 other global giants pledge $9 bn Korean investment as Trump, Lee address APEC CEO Summit

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...

Lee, Trump face showdown over US-S.Korea tariff deal at APEC Gyeongju

Lee, Trump face showdown over US-S.Korea tariff deal at APEC Gyeongju

GYEONGJU – South Korean President Lee Jae Myung and US President Donald Trump will meet on Wednesday in the South Korean historic city of Gyeo...

Trump to hold bilateral summits with Lee, Xi in South Korea on sidelines of APEC Gyeongju

Trump to hold bilateral summits with Lee, Xi in South Korea on sidelines of APEC Gyeongju

WASHINGTON, D.C. – Donald Trump will visit South Korea on Oct. 29 for a bilateral summit with President Lee Jae Myung, the White House said Th...

US, S.Korea wrap up high-level tariff talks; test of political will in Trump, Lee’s hands

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...

US officials mull Trump-Kim Jong Un meeting during Asia trip

US officials mull Trump-Kim Jong Un meeting during Asia trip

US officials are considering arranging a meeting between President Donald Trump and North Korean leader Kim Jong Un during Trump’s upcoming tr...

Seoul sends top economic team to US for last-ditch tariff talks as APEC summit looms

Seoul sends top economic team to US for last-ditch tariff talks as APEC summit looms

South Korea’s top economic and trade officials are flying to Washington in a concerted effort to narrow remaining differences with the US over...

US revises proposal on S.Korea’s $350 bn commitment: foreign minister

US revises proposal on S.Korea’s $350 bn commitment: foreign minister

South Korean Foreign Minister Cho Hyun said on Monday that Washington has come forward with a new proposal concerning Seoul’s pledged $350 bil...

Korea’s Lee vows third Commercial Act revision, to unveil MSCI upgrade plan by year-end

Korea’s Lee vows third Commercial Act revision, to unveil MSCI upgrade plan by year-end

South Korean President Lee Jae Myung has pledged to press ahead with a third round of Commercial Act reforms, despite an anticipated backlash from b...

Japan’s Ishiba plans farewell visit to S.Korea for summit with Lee

Japan’s Ishiba plans farewell visit to S.Korea for summit with Lee

Japanese Prime Minister Ishiba Shigeru is expected to visit South Korea at the end of September for his final summit with President Lee Jae Myung be...

Put BTS Jin’s face on it, Otoki sales jump tenfold

Put BTS Jin’s face on it, Otoki sales jump tenfold

What happens when you put a K-pop superstar’s face on a ramen pack? For Otoki, the answer was a tenfold surge in sales.The food maker said T...

S.Korea’s Lee presses US Treasury Secretary Bessent on ‘rational’ tariff deal, currency swap line

S.Korea’s Lee presses US Treasury Secretary Bessent on ‘rational’ tariff deal, currency swap line

NEW YORK – South Korean President Lee Jae Myung urged the US to pursue tariff negotiations on a “commercially rational” basis duri...

K-pop icons Stray Kids, Le Sserafim to headline launch of new presidential pop culture committee

K-pop icons Stray Kids, Le Sserafim to headline launch of new presidential pop culture committee

South Korea’s Presidential Pop Culture Committee, co-chaired by JYP Entertainment founder and producer Jin-young Park, will officially launch ...

BlackRock CEO in talks with Lee pledges support to make S.Korea ‘AI capital of Asia’

BlackRock CEO in talks with Lee pledges support to make S.Korea ‘AI capital of Asia’

NEW YORK –  South Korean President Lee Jae Myung has secured a commitment from BlackRock Inc., the world’s largest asset manager, t...

Lee says US push for $350 bn cash fund could trigger crisis like 1997

Lee says US push for $350 bn cash fund could trigger crisis like 1997

The US demand for South Korea to inject $350 billion in cash into a pledged investment fund could plunge Asia’s No. 4 economy into a crisis re...

Lee to address UN general assembly; no bilateral meeting with Trump planned

Lee to address UN general assembly; no bilateral meeting with Trump planned

South Korean President Lee Jae Myung will head to New York on Sunday to deliver a keynote address at the United Nations General Assembly and preside...

Trump to visit South Korea for APEC summit, meet President Lee

Trump to visit South Korea for APEC summit, meet President Lee

US President Donald Trump will visit South Korea to attend the Asia-Pacific Economic Cooperation (APEC) summit scheduled for Oct. 31 and Nov. 1, Jos...

Lee criticizes pension funds’ low exposure to domestic stocks

Lee criticizes pension funds’ low exposure to domestic stocks

South Korean President Lee Jae Myung said on Thursday that domestic pension funds hold too few domestic stocks compared to their overseas investment...

K-pop mogul J.Y. Park appointed to minister-level cultural role; JYP shares surge

K-pop mogul J.Y. Park appointed to minister-level cultural role; JYP shares surge

South Korea has elevated one of its most recognizable music figures, Park Jin-young, or J.Y. Park, to a minister-level government position – p...

Samsung, SK Hynix to beat TSMC in gross profit margin for memory business Korea’s Hanwha wins first US defense deal with Boeing for F-15 parts Coupang faces US class-action lawsuit over data breach in Korea Seoul to rewrite Kosdaq with tax breaks, listing reforms Carlyle buys KFC Korea for $135 mn, deepening its presence in KFC's Asian operations