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 ...
Korea Investment & Securities Co. (KIS), a unit of Korea Investment Holdings Co., said on Thursday it has discussed a strategic partnership with...
HYBE Co., a South Korean music powerhouse, is turning up the heat this summer with a wave of major releases, including a live album from its flagshi...
Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell ...
CJ Olive Young Corp., South Korea’s top beauty store chain, is another beneficiary of the global K-beauty surge, with its online cosmetics sal...
Blackpink's new single Jump has rocketed to No. 1 on the Spotify Daily Top Songs Global chart, YG Entertainment Inc., the company behind the girl gr...
South Korea’s Hyundai Glovis Co. is poised to become the world’s first shipping company to deploy artificial intelligence-based autonomo...
Blackpink and Twice, two of South Korea’s most prominent K-pop female acts, made high-profile returns on Friday with new releases, heightening...
South Korean airlines are ramping up international routes, particularly to China, Japan and Southeast Asian countries, in a bid to boost profitabili...
IMM Credit & Solutions Inc. (ICS), the private credit unit of South Korea’s major investment firm IMM Holdings Inc., has raised nearly 1 t...
Rhee Chang-yong, governor of the Bank of Korea (BOK), warned on Thursday that mounting household debt is now undermining both private consumption an...
K Shipbuilding Co., a mid-tier South Korean shipbuilder, will be put on the market this month after a strong turnaround. The deal, estimated at 500 ...
Samsung Electronics Co.'s operating profit in the second quarter missed market expectations, with a 56% on-year fall, as its mainstay semiconductor ...
Hong Kong-based private equity firm CLSA Capital Partners Ltd. has been picked as a preferred bidder to invest 50 billion won ($36.6 million) in Jun...
Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker, has abandoned plans to build a new manufacturing plant in Mexico and ...
South Korea’s National Assembly, controlled by the ruling Democratic Party, on Friday passed the country’s new extra budget worth 31.8 t...
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...
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...
For decades, or probably for centuries, Yonsei University has been seen as an ivory tower – a place for academics – in South Korea.One o...
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...
Netmarble Corp. is gearing up for a strong year-end with plans to launch at least six more new games, powered by original intellectual properties, a...
Hanwha Life Insurance Co. has become the first South Korean insurance firm to advance into the overseas banking sector by securing a controlling sta...
NH Investment & Securities Co. retained its lead in South Korea’s equity capital market (ECM) in the first half, riding a surge in large-s...
South Korea’s Government Employees Pension Service (GEPS) on Wednesday appointed Sohn Young-jin, former head of risk management at KB Asset Ma...
A wave of speculative fervor surrounding won-based stablecoins is sweeping South Korea’s equity markets, with nearly half of the top 30 perfor...
SK Hynix Inc. surpassed 200 trillion won ($147 billion) in market capitalization on Tuesday, becoming the second Korean stock in history to cross th...
Fubon Bank, Taiwan’s largest bank, is poised to open its first office in Seoul in July, expanding its footprint in South Korea beyond insuranc...
Counterfeit Korean beauty, fashion and food products are surging on overseas e-commerce platforms, with lookalike packaging making them hard to dist...
Shares in KakaoBank Corp. soared as much as 17% to hit their highest level in nearly three years on Friday after the South Korean internet-only bank...
South Korea’s new administration on Thursday proposed an additional 20.2 trillion won ($14.6 billion) extra government spending to stimulate d...