Lotte buys land beneath Lotte New York Palace building for $490 mn

Lotte Hotels & Resorts, a South Korean luxury hotel chain, said on Monday that it had completed the purchase of the land beneath the Lotte New Y...

Korean pension fund NPS weighs role in naming financial firms’ directors as regulator pushes governance overhaul

South Korea’s financial watchdog is set to prod the state-run pension fund, the National Pension Service (NPS), to make active use of its shar...

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 ...

Shin & Kim, Yulchon dominate S.Korea’s Best Lawyer Awards in 2025

Shin & Kim and Yulchon emerged as the strongest performers at the Korea Economic Daily’s 2025 Best Law Firm & Lawyer awards, each prod...

Seoul presses brokerages to spread out dollar conversions as won slide deepens

South Korea’s foreign-exchange authorities have urged major brokerages to stagger their dollar-buying and diversify how they source greenbacks...

AI bubble alarm slams S.Korean stocks, but analysts call to buy on dips

South Korean stocks tumbled on Friday as renewed anxiety over a potential artificial-intelligence bubble rippled through global markets, triggering ...

Korea Inc. braces for ‘new normal’ of weak won as majority sees 2026 FX above 1,400 won

South Korean companies are drawing up next year’s business plans on the assumption that the foreign exchange rate will remain above 1,400 won ...

In Korea, it’s time to go public; IPOs roaring back as big names line up to list

South Korea’s moribund initial public offering (IPO) market is springing back to life with a wave of high-profile companies set to go public, ...

Global funds pare back Korean holdings as Kospi enters uncharted territory

Global investment firms have pared back holdings in top-performing Korean stocks, including APR Co. and Korea Aerospace Industries Ltd., after their...

Blackpink puts final touches on comeback album, set for release in January

Blackpink is back in the studio — and the wait is almost over.The K-pop juggernaut is fine-tuning its long-awaited comeback album, marking the...

Compelling time to enter commercial property market; technology to widen return gaps

The commercial real estate market in the US and Europe is showing early signs of a rebound, supported by limited supply after a construction slowdow...

Samsung steals the show at APEC venue with its 1st triple-folding smartphone

GYEONGJU – On the eve of the Asia-Pacific Economic Cooperation (APEC) CEO Summit in South Korea’s historic city of Gyeongju, attention t...

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...

Jisoo makes Billboard Hot 100 debut, completing Blackpink’s historic all-member entry

K-pop star Jisoo, a member of Blackpink, has entered the Billboard Hot 100 for the first time as a solo artist, marking a new milestone for the glob...

BTS’ J-Hope to feature in Le Sserafim’s new single Spaghetti, out Oct. 24

BTS’ J-Hope is teaming up with Le Sserafim for their upcoming single Spaghetti, set to release on Oct. 24. This marks J-Hope’s first col...

Hyundai Motor beats Toyota to reach 33rd on Time’s World’s Best Companies 2025 list

Hyundai Motor Co. has been named South Korea’s top-performing company in Time magazine’s annual ranking of the World’s Best Compan...

Korea Teachers' Pension seeks 4 brokerage firms for 2026 global stock investments

The Teachers’ Pension, a retirement fund for private school educators and employees in South Korea, is seeking four brokerage firms to manage ...

KPop Demon Hunters’ EJAE sends open call to BTS’ Jungkook: 'He sings so well'

EJAE, the singer-songwriter behind Golden, the breakout track from Netflix’s animated film KPop Demon Hunters, has expressed her desire to col...

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...

Kospi surges past 3,600 for 1st time in post-holiday catch-up rally

South Korea’s stock market extended its record-breaking run on Friday, surging past the 3,600-point mark for the first time in its history.Sem...

BTS’ Spring Day ranks No. 37 on Rolling Stone’s ‘Greatest Songs of the 21st Century’ list

Some songs fade with time — and then there’s Spring Day.Eight years after its release, BTS’s beloved ballad continues to warm hear...

Foreign investors reap big rewards from bets on Korean chipmakers

Foreign investors have emerged as the standout winners in South Korea’s equity market this year, as their heavy wagers on the nation’s t...

Korea Exchange to cut trading fees for 1st time in 2 decades as Kospi soars past 3500 to record high

The Korea Exchange (KRX) will slash stock trading fees by up to 40% in December, marking the first overhaul of its pricing structure since the bours...

Blackpink’s JUMP becomes fastest K-pop girl group song to surpass 300 million Spotify streams

Blackpink has set another streaming milestone, as their digital single JUMP crossed 300 million plays on Spotify, the world’s largest music pl...

KPop Demon Hunters’ Golden extends Hot 100 reign to 7 weeks, ties No. 2 record for a girl group

Netflix’s animated feature KPop Demon Hunters continues to fuel a chart storm, as its soundtrack hit Golden claimed the top spot once again ...

Debate brewing over Naver, Dunamu’s enterprise values as share swap deal progresses

A fierce debate is brewing in Seoul’s investment community over the pricing of a landmark share swap between Naver Corp., South Korea’s ...

Lotte minority shareholders join forces to demand share cancellation

A coalition of minority shareholders at Lotte Corp. has stepped up pressure on management, calling for the cancellation of all treasury shares held ...

S.Korea’s battery materials sector shows 1st signs of recovery

South Korea’s exports of rechargeable-battery materials rose for the first time in more than two years, buoyed by brisk demand for energy stor...

Korean won sinks amid US investment jitters; Seoul plans 24-hour FX trading

The Korean won tumbled past 1,410 to the dollar on Friday for the first time in four months, rattled by a resurgent greenback and rising unease over...

Trump calls for S.Korea’s $350 bn US investment ‘up front’ as Lutnick asks Seoul to pay more

Donald Trump has said South Korea’s pledge to invest $350 billion in the US under a bilateral trade accord must be paid “up front,&rdquo...