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...

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 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...

South Korea’s president to visit US with 15 business leaders after Japan

South Korea’s president to visit US with 15 business leaders after Japan

South Korea’s President Lee Jae Myung will travel to Japan and the US starting on Aug. 23, accompanied by 15 business leaders from the country...

S.Korea-US summit likely set for Aug. 25; Vietnam’s top leader to fly to Seoul for state visit

S.Korea-US summit likely set for Aug. 25; Vietnam’s top leader to fly to Seoul for state visit

South Korean President Lee Jae Myung will likely have a summit meeting with his US counterpart Donald Trump later this month amid a flurry of high-l...

S.Korea to elevate science minister to deputy prime minister to lead in AI race

S.Korea to elevate science minister to deputy prime minister to lead in AI race

South Korea will elevate its new science minister to a deputy ministerial post, giving him authority to serve as the top coordinator of the governme...

Lee Jae-myung to meet with top business leaders ahead of G7 summit

Lee Jae-myung to meet with top business leaders ahead of G7 summit

South Korea’s newly elected President Lee Jae-myung plans to meet with the country’s top business leaders before departing for the Group...

Markets in honeymoon with Lee: Kospi, won rally; bond yields spike

Markets in honeymoon with Lee: Kospi, won rally; bond yields spike

South Korea’s financial markets showed strong gains on Thursday, with shares surging to an 11-month high and the won hitting a seven-month hig...

Lee Jae-myung vows to end politics of division, seek pragmatic diplomacy

Lee Jae-myung vows to end politics of division, seek pragmatic diplomacy

Lee Jae-myung was formally sworn in as South Korea’s new president on Wednesday, pledging to unite a divided nation, revitalize the economy an...

Liberal Lee Jae-myung wins election as South Korean president

Liberal Lee Jae-myung wins election as South Korean president

South Korea’s liberal politician Lee Jae-myung has been elected the country's next president. Lee has pledged to revive Asia’s fourth-la...

Shinhan expands global IR push to woo foreign investors

Shinhan expands global IR push to woo foreign investors

Shinhan Financial Group Co. is stepping up efforts to attract foreign investors with back-to-back global investor relations (IR) campaigns, as South...

S.Korea set to scrap financial investment income tax

S.Korea set to scrap financial investment income tax

South Korea is set to scrap a plan to impose a tax on gains from financial investments – a scheme slated to be introduced early next year &nda...

NCSOFT invests in Swedish game startup Moon Rover Games

NCSOFT invests in Swedish game startup Moon Rover Games

NCSOFT Corp., a South Korean game developer, said on Tuesday it has made an early stage investment of $3.5 million in Swedish game startup Moon Rove...

Samsung Securities’ IB head to quit amid talent outflow

Samsung Securities’ IB head to quit amid talent outflow

Lee Jae-hyun, who has led one of Samsung Securities Co.'s investment banking divisions for two years, has recently expressed his intention to quit, ...

Kyobo Life CEO’s ethical management earns global recognition

Kyobo Life CEO’s ethical management earns global recognition

Kyobo Life Insurance Co.'s Chairman Shin Chang-jae is internationally recognized for setting the global standard for ethical management after two de...

Coupang Play to livestream 2024 Masters Tournament

Coupang Play to livestream 2024 Masters Tournament

Coupang Play, a video streaming service provided by South Korea's largest e-commerce company Coupang Inc., will broadcast the first major golf tourn...

Kyobo Life CEO Shin Chang-jae: Eccentric, humanitarian entrepreneur

Kyobo Life CEO Shin Chang-jae: Eccentric, humanitarian entrepreneur

When Shin Chang-jae took the helm of Kyobo Life Insurance Co. in 2000 the South Korean insurance firm was reeling from the aftermath of the 1998 Asi...

South Korea Boosts Security for Politicians as New Threats of Violence Emerge

South Korea Boosts Security for Politicians as New Threats of Violence Emerge

SEOUL—South Korea beefed up security for prominent political figures as new threats of violence materialized against top officials, including ...

MBK names two partners as vice chairman, vice president

MBK names two partners as vice chairman, vice president

MBK Partners said on Wednesday it has named Moon Joo Ho, partner and head of South Korea for special situations, as the North Asia-focused private e...

SK On Vice Chair Chey Jae-won sees greater growth potential in 2024

SK On Vice Chair Chey Jae-won sees greater growth potential in 2024

Chey Jae-won, executive senior vice chairman of SK On Co., a leading South Korean battery maker, said on Thursday he expects the company’s gro...

S.Korea to put self-developed lander on moon by 2032

S.Korea to put self-developed lander on moon by 2032

South Korea plans to put its first lunar lander on the moon by 2032.  In a meeting of the National R&D Project Evaluation Advisory Commit...

Dongwon founder vows to acquire Korea’s top container line HMM

Dongwon founder vows to acquire Korea’s top container line HMM

Dongwon Group, South Korea’s leading seafood and logistics conglomerate, has vowed to acquire HMM Co., the country’s top container ship ...

K-tourism video ads with Lee Jung-jae exceed 510 mn views

K-tourism video ads with Lee Jung-jae exceed 510 mn views

The four-video Challenge Korea series promoting tourism in South Korea with "Squid Game" actor Lee Jung-jae has surpassed half a billion views in ju...

S.Korean gov't unveils new K-tourism video ads

S.Korean gov't unveils new K-tourism video ads

The South Korean Ministry of Culture, Sports, and Tourism, along with the Korea Tourism Organization, announced on Tuesday that they have launched t...

Samsung's Lee to redefine growth roadmap with focus on new drivers

Samsung's Lee to redefine growth roadmap with focus on new drivers

Samsung Group leader Lee Jae-yong wrapped up a 22-day US business trip on Friday after meeting with nearly two dozen chief executives of multination...

S.Korea-US to deepen aerospace ties through NASA's Artemis

S.Korea-US to deepen aerospace ties through NASA's Artemis

South Korea and the US are set to deepen their partnership in the aerospace sector through the Artemis program, a human and robotic Moon exploration...

S.Korea's lunar orbiter Danuri captures back side of the moon

S.Korea's lunar orbiter Danuri captures back side of the moon

South Korea's first lunar orbiter Danuri has released photos of the moon's far side. The Korea Aerospace Research Institute (KARI) announced on Wedn...

Korea's electric battery maker SK On predicts 'tangible results' from 2024

Korea's electric battery maker SK On predicts 'tangible results' from 2024

"Despite many difficulties early on, we can see tangible results from next year if we overcome such challenges.”Chey Jae-won, CEO and executiv...

Hanwha picks H&Q as preferred buyer of Five Guys' Korean business BTS’ Anpanman rises to top of Billboard chart 7 years after release Economic volatility offers opportunity for US alternative property investments: Kayne Anderson CEO 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