Google Maps, Blackpink fans’ must-have item for Deadline World Tour

Google Maps, Blackpink fans’ must-have item for Deadline World Tour

Blinks, the official name of Blackpink's global fandom, is set to enjoy the South Korean girl group’s concerts in the US more conveniently wit...

Hyundai helps Korean economy most with $265 bn contribution

Hyundai helps Korean economy most with $265 bn contribution

Hyundai Motor Group, the world’s third-biggest automaker, generated the most economic value among major South Korean conglomerates last year, ...

Korea’s KT signs $95 million AI partnership with Vietnam’s Viettel Group

Korea’s KT signs $95 million AI partnership with Vietnam’s Viettel Group

South Korea’s leading telecommunications service provider KT Corp. said on Tuesday it has signed a 130 billion won ($95 million) strategic par...

Naver, Kurly tie up to counter e-commerce giant Coupang

Naver, Kurly tie up to counter e-commerce giant Coupang

South Korea’s online giant Naver Corp. and dawn grocery platform service provider Kurly Inc. have joined forces for a potential stake acquisit...

Hyundai Motor spins off 4 in-house startups in energy, AI, mobility

Hyundai Motor spins off 4 in-house startups in energy, AI, mobility

South Korea’s auto behemoth Hyundai Motor Group has spun off its four in-house startups with innovative technologies in mobility, automation a...

Coupang posts profit for 2 straight years in 2024 on new growth drivers

Coupang posts profit for 2 straight years in 2024 on new growth drivers

Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, ended last year with profit for the second straight year thanks to t...

NPS initiates strategic currency hedging to unleash up to $48.2 billion

NPS initiates strategic currency hedging to unleash up to $48.2 billion

The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is set to beg...

Ruthless Politics of South Korea Is Rooted in Cold-War History

Ruthless Politics of South Korea Is Rooted in Cold-War History

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Opposition-controlled Korean Parliament passes slashed $470 bn budget

Opposition-controlled Korean Parliament passes slashed $470 bn budget

South Korea's opposition-controlled National Assembly on Tuesday passed a government budget bill for 2025, slashed from the government's proposal am...

US private equity giant Apollo opens Seoul office for APAC expansion

US private equity giant Apollo opens Seoul office for APAC expansion

Apollo Global Management Inc., a US private equity powerhouse, said on Monday it has opened an office in Seoul to expand its business in the Asia Pa...

Samsung’s AI-powered robot vacuum cleaner takes on China’s Roborock

Samsung’s AI-powered robot vacuum cleaner takes on China’s Roborock

South Korean tech giant Samsung Electronics Co.'s AI-powered robot vacuum cleaners are rapidly catching up to Chinese products, which dominate the K...

KRX launches Korea Value-up Index featuring 100 best practice firms

KRX launches Korea Value-up Index featuring 100 best practice firms

South Korea’s securities exchange operator, Korea Exchange, launched a new corporate value-up index on Tuesday, a key plank for the government...

Hyundai, GM deepen ties to jointly develop cars

Hyundai, GM deepen ties to jointly develop cars

South Korea’s auto juggernaut Hyundai Motor Co. and US auto giant General Motors Co. will explore ways to jointly develop new vehicles and sou...

Korean IT giants drop fandom platforms, help HYBE dominate

Korean IT giants drop fandom platforms, help HYBE dominate

South Korean game developer Neowiz has sold its fan engagement platform unit, joining the moves by local IT giants such as Naver Corp. to pull out o...

NCSOFT teams up with Vietnamese unicorn VGN to tap SE Asian market

NCSOFT teams up with Vietnamese unicorn VGN to tap SE Asian market

South Korea’s gaming behemoth NCSOFT Corp. has set up a joint venture with Vietnamese tech unicorn VNG Corp. to tap into Southeast Asia starti...

US court dismisses suit against Samsung by ex-patent chief

US court dismisses suit against Samsung by ex-patent chief

A US court rejected a patent infringement lawsuit against Samsung Electronics Co. by a former intellectual property chief of the company and banned ...

MBK eyes stake in Korean software developer Tmaxsoft

MBK eyes stake in Korean software developer Tmaxsoft

North Asia-focused private equity firm MBK Partners is eyeing shares of South Korean enterprise software developer Tmaxsoft Co. around two years aft...

Duty-free shops at Incheon International Airport eager to lure boutiques

Duty-free shops at Incheon International Airport eager to lure boutiques

Duty-free shops at Incheon International Airport, South Korea’s main gateway, are fiercely competing to lure luxury brand boutiques to their o...

Hyundai Dept. Store, Siam Piwat to collaborate for K-content

Hyundai Dept. Store, Siam Piwat to collaborate for K-content

South Korea’s Hyundai Department Store Co. announced on Wednesday that it signed a business agreement with Thailand’s retail giant Siam ...

SK Chair Chey calls on cousin for help in group management

SK Chair Chey calls on cousin for help in group management

SK Group Chairman Chey Tae-won has called on his cousin to help in the management of South Korea’s No. 2 conglomerate as it faces the challeng...

IMM PE's value creation leads to $840 mn deal with BlackRock

IMM PE's value creation leads to $840 mn deal with BlackRock

When BlackRock bought a 30% stake in South Korean gas supplier AirFirst Co. for 1.1 trillion won ($842 million) from Seoul-based IMM Private Equit...

Semiconductors likely to lead Korea’s export growth for 2nd month

Semiconductors likely to lead Korea’s export growth for 2nd month

South Korea’s semiconductor exports accelerated their recovery in the first 20 days of November, data showed on Tuesday, adding to hopes that ...

POSCO Int'l to build facility for modular in Ukraine

POSCO Int'l to build facility for modular in Ukraine

South Korea's POSCO International Corp. announced on Wednesday it plans to build a facility for modular in Ukraine. The company's Vice Chairman...

Whole loans offer funding solution for stretched borrowers: Savills IM

Whole loans offer funding solution for stretched borrowers: Savills IM

Despite the challenging economic environment, there are still plenty of opportunities for profit in commercial real estate, notably through debt i...

Korean language demand creates new overseas markets for startups

Korean language demand creates new overseas markets for startups

South Korean language startups are expanding their business in overseas markets with their local tongue through generative artificial intelligence, ...

Rebellions teams up with IBM for ATOM AI chip quality test

Rebellions teams up with IBM for ATOM AI chip quality test

Rebellions Inc., a South Korean artificial intelligence chip design startup, said on Monday it has forged a partnership with US tech giant IBM to co...

Samsung Galaxy to help locate lost credit cards

Samsung Galaxy to help locate lost credit cards

Samsung Electronics Co. signed a business agreement with KB Kookmin Card and American Express on Tuesday for the launch of an Internet-of-Things (Io...

Hyundai, Kia to launch solution for mobility impaired in Singapore

Hyundai, Kia to launch solution for mobility impaired in Singapore

South Korea's Hyundai Motor Co. and Kia Corp. are extending their Universal Mobility Project to Singapore with a new initiative aimed at aiding the ...

LG Chem, Eni eye JV to build biofuel plant in Korea

LG Chem, Eni eye JV to build biofuel plant in Korea

South Korea’s LG Chem Ltd. and Italy's energy giant Eni Sustainable Mobility (SM) have tentatively agreed to build a hydrotreated vegetable oi...

S.Korea's Lotte Group helps SMEs penetrate Indonesian market

S.Korea's Lotte Group helps SMEs penetrate Indonesian market

South Korea's Lotte Group through Friday is holding the event Korea Expo in Jakarta in the Indonesian capital with the Korea Trade-Investment Promot...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared