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...

Samsung advances HBM4 toward mass output after clearing key internal test

Samsung Electronics Co. has completed a crucial internal qualification step for its next-generation high-bandwidth memory 4 (HBM4) chip, moving a st...

South Korea passes $496 bn budget for 2026, lifts corporate tax by 1 percentage point

South Korea’s National Assembly on Tuesday approved a 727.9 trillion won ($496 billion) budget for next year, slightly smaller than the govern...

South Koreans’ spending on luxury winter jackets surges to record high

South Korean consumers sharply increased their spending on luxury winter coats in mid-November, marking a record seasonal high and offering an early...

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...

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 ...

POSCO International injects extra $862 mn into Singapore-based Agpa

POSCO International Corp., the energy and trading arm of steel giant POSCO Holdings Inc., has injected an additional 1.26 trillion won ($862 million...

Korean eyewear shops: Foreign tourists’ new pilgrimage as K-glasses catch on

When foreign travelers touch down in Seoul these days, many still make the well-trodden pilgrimages to Daiso, Korea’s largest discount store c...

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...

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...

KED Global launches premium membership for international readers

The Korea Economic Daily Global Edition (KED Global), the English-language business news platform of The Korea Economic Daily, has launched KED Memb...

Kospi enters uncharted territory, powered by Samsung, SK Hynix, other blue chips

South Korea’s benchmark stock index Kospi climbed above 3,900 points to a fresh record high on Friday, putting the long-anticipated and symbol...

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...

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...

Art without borders: How Japan and Korea are building understanding through creativity

Under the neon canopy of Tokyo’s Roppongi Hills Arena, a crowd gathered late into the night, drawn by a sense of discovery.Some came to see Ki...

NPS to invest $300 mn in Aramco’s Jafurah gas project led by GIP

The National Pension Service, South Korea's largest institutional investor, has committed $300 million to Saudi Aramco’s $100 billion Jafurah ...

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...

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...

NPS delays domestic PE investment plan amid Homeplus fallout

The National Pension Service (NPS), South Korea’s largest institutional investor, may skip its domestic private equity commitment this year as...

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...

POSCO International builds Polish motor core plant; Mexico factory due by year-end

POSCO International Corp., the energy and trading unit of South Korea’s steel giant POSCO Holdings Inc., said on Thursday that it has inaugura...

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 ...

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 ...

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...

Korea, China, Japan’s drastic ethylene capacity cut boosts hopes for industry rebound

East Asia’s petrochemical industry is entering its largest restructuring in decades, with planned closures of aging naphtha cracking facilitie...

Detained Koreans return home; Raid likely to delay US battery plant by 3 months

More than 300 South Koreans who were detained in a massive immigration raid on a battery joint venture between Hyundai Motor Co. and LG Energy Solut...

S.Korean firms to overhaul US workforce supply, see delays, higher costs

South Korean companies building plants in the US are reassessing their projects and overhauling workforce supply after US authorities last week deta...

South Korea revises up Q2 GDP to 0.7% on stronger exports

South Korea’s economy grew faster than initially estimated in the second quarter, helped by stronger exports and firmer construction investmen...