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...

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 ...

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...

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...

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...

Kyobo Life chief Shin Chang-jae inducted into insurance hall of fame

Kyobo Life chief Shin Chang-jae inducted into insurance hall of fame

Shin Chang-jae, chief executive and chairman of South Korea’s Kyobo Life Insurance Co., has been honored with a prestigious award from the I...

LG Chem CEO named to head industrial body of World Economic Forum

LG Chem CEO named to head industrial body of World Economic Forum

South Korea's LG Chem Ltd. on Sunday said its CEO and Vice Chairman Shin Hak-cheol on Thursday will be named chair of the Chemical and Advanced Mate...

Kyobo Life chief says data can overcome uncertain future

Kyobo Life chief says data can overcome uncertain future

Shin Chang-jae, chairman and CEO of South Korea's Kyobo Life Insurance, has urged the overcoming of the economic crisis based on leadership of VUCA,...

NPS shortlists 6 candidates for chief investment officer opening

NPS shortlists 6 candidates for chief investment officer opening

National Pension Service (NPS) of South Korea, the world’s third-largest pension fund managing 896.6 trillion won ($690.5 billion) as of end-S...

LX Pantos mulls Air Premia acquisition to facilitate global logistics service

LX Pantos mulls Air Premia acquisition to facilitate global logistics service

LX Pantos Co., the logistics unit of South Korea’s LX Group, is looking to acquire a controlling stake in local budget carrier Air Premia Co.,...

Korean gaming entrepreneur Kim Jae-young joins billionaire ranks

Korean gaming entrepreneur Kim Jae-young joins billionaire ranks

Kim Jae-young, founder and chief executive of Lionheart Studio Corp., the company behind South Korea’s most popular mobile game Odin, has join...

Korea losing ground in semiconductor talent development

Korea losing ground in semiconductor talent development

South Korea, home to the world’s top two memory chipmakers, is losing ground for talent development in the semiconductor sector as fewer profe...

Squid Game Player 001 wins as best TV supporting actor at Golden Globes

Squid Game Player 001 wins as best TV supporting actor at Golden Globes

Netflix mega-hit Squid Game’s actor Oh Young-soo, Player 001, has won Best Performance by an Actor in a Supporting Role on TV at the 79th Gold...

SK Vice Chair Chey Jae-won reinstated into leadership after eight-year hiatus

SK Vice Chair Chey Jae-won reinstated into leadership after eight-year hiatus

Chey Jae-won, the younger brother to SK Group Chairman Chey Tae-won, returned to the conglomerate’s leadership on Dec. 17, after an eight-year...

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 his charges cleared Korea Investment & Securities, UBP seek private banking partnership Maru SF to open in Silicon Valley in November as Korean startup gateway