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...

Toyota Chairman Akio Toyoda hails Hyundai rivalry with rare cross-border ad

Akio Toyoda, chairman of Japan’s top automaker Toyota Motor Corp., has taken out a full-page advertisement in leading South Korean and Japanes...

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...

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...

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...

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...

‘BTS’ V or Jinu?’ hanbok-inspired look steals the spotlight on Vogue’s global stage

It was one of those rare red-carpet moments when tradition met modern cool — and owned it.At Vogue World: Hollywood 2025, BTS’ V arrived...

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...

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...

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 ...

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...

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...

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 ...

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...

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...

Korean stock surge drives 4.08% return for National Pension Service in H1

The National Pension Service (NPS), the world's third-largest pension scheme, posted a 4.08% return on investment in the first half of this year, wi...

GS E&C offloads Spanish water treatment arm GS Inima for $1.2 bn

GS Engineering & Construction Corp. (GS E&C) said on Friday it has agreed to sell its Spanish water treatment arm GS Inima Environment SA fo...

Harman sells system integration unit to Wipro to sharpen audio focus

Harman International Industries Inc., wholly owned by Samsung Electronics Co., has sold its digital transformation solutions (DTS) unit to India&rsq...

AWS, Upstage deepen ties in AI drive across Asia-Pacific, US

Amazon Web Services (AWS) has reinforced its partnership with South Korean artificial intelligence startup Upstage, backing the company with a minor...

Hana Bank, Vietnam’s BIDV to expand cross-border QR payment services under strategic partnership

Hana Bank, one of South Korea’s leading lenders, said on Wednesday that it has signed an agreement with Vietnam's largest state-owned commerci...

LG expands appliance subscription service to Singapore

LG Electronics Inc. has introduced a subscription service in Singapore for home appliances ranging from water purifiers to air conditioners, refrige...

LG CNS to build AI data center in Indonesia, first for Korean firm

LG CNS Co., the information technology services unit of South Korea’s LG Group, has bagged a deal to build an artificial intelligence-ready da...

Korean Air to launch premium economy at lower prices than rivals

Korean Air Lines Co., South Korea’s top full-service carrier, on Tuesday unveiled a plan to introduce a premium economy class in September at ...

Yulchon, FleishmanHillard sign partnership to strengthen shareholder activism advisory

Yulchon LCC, one of South Korea’s leading law firms, has signed a memorandum of understanding with FleishmanHillard Korea to strengthen their ...