Kakao Pay backs out of acquisition deal for Shinsegae’s SSG Pay, Smile Pay

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., has pulled out of a deal to acquire two ...
South Korea’s major original design manufacturers (ODMs) for cosmetics, led by Cosmax Inc. and Kolmar Korea Co., are estimated to have posted ...
In a dramatic showing on the famed hill climb of West Sussex, Hyundai Motor Co. on Thursday debuted the IONIQ 6 N, its second high-performance elect...
Rhee Chang-yong, governor of the Bank of Korea (BOK), warned on Thursday that mounting household debt is now undermining both private consumption an...
Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses ...
Samsung Heavy Industries Co., a major South Korean shipbuilder, has signed a preliminary agreement worth 869.4 billion won ($635 million) with an Af...
Blackpink has made a dazzling return with its electrifying new song, “Jump,” igniting excitement for its first world tour in almost two ...
LG Group is accelerating its efforts to build a partnership with Honda Motor Co. as South Korea's fourth-largest conglomerate beefs up its automotiv...
BTS member Suga and former Major League Baseball (MLB) pitcher Chan Ho Park are putting their money on the Athletics, formerly the Oakland Athletics...
Celltrion Holdings Co. has secured 1 trillion won ($732 million) in fresh funding and plans to spend half of it this year to buy shares in its biosi...
South Korea’s asset management industry posted stellar growth in the first half of 2025, buoyed by a 28% surge in the country’s benchmar...
Now the wait is over.BTS are back – as a full-member group after a four-year hiatus.The seven-member boy band is returning with a new album in...
Hanwha Life Insurance Co. has become the first South Korean insurance firm to advance into the overseas banking sector by securing a controlling sta...
Douzone Bizon Co., South Korea’s leading homegrown enterprise software firm and the country’s No. 2 player in the enterprise resource pl...
South Korean President Lee Jae-myung on Monday announced a sweeping Cabinet reshuffle, naming a mix of career technocrats, senior lawmakers and &mda...
Lotte Chemical Corp., South Korea’s second-largest petrochemical company grappling with mounting losses amid a prolonged industry downturn, wi...
JLL and Savills have been tapped to lead the sale of Seoul Square, a landmark office tower, valued at around 1.4 trillion won ($1 billion), adding t...
The Incheon Free Economic Zone (IFEZ) Authority is set to submit its application by the end of June to designate the southern end of Ganghwa Island ...
South Korean President Lee Jae-myung on Wednesday unveiled his nominees for major government posts, including prime minister and spy agency chief, i...
Korea Post will commit $150 million to one or two global asset managers for mid-cap infrastructure equity investments, the postal service agency sai...
South Korea’s food exports climbed 10% on-year to $7.26 billion in 2024, led by ramen, ready-to-eat meals and seasoned seaweed, according to g...
DB Group, which owns DB Securities Co. and DB Insurance Co., is considering acquiring Hanyang Securities Co., as a deal by South Korean private equi...
Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...
SK Earthon Co., the petroleum exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., has secured rig...
Shinhan Securities Co., a leading South Korean brokerage house, has acquired a strategic equity stake in FireAnt, Vietnam’s largest retail tra...
Hyundai Rotem Co. has won a 420 billion won ($301 million) order to build autonomous electric trains for Taiwan’s Taichung Metro, adding to a ...
South Korea’s Ministry of Science and ICT on Thursday announced that it has selected 10 startups founded by Koreans in a program to support th...
Kurly Inc., a pioneer in South Korea’s dawn delivery market, has posted its first-ever quarterly profit, bucking a slowdown in private consump...
With the advent of mobile AI, the performance arms race among smartphone makers is reaching diminishing returns, as some market analysts put it.The ...
South Korea's top resort operator Sono Hospitality Group has decided to sell its entire stake in low-cost carrier (LCC) Air Premia Inc. at a profit ...