Hanwha seeks to buy Paraspara Seoul from developer tied to Banyan Tree Busan fire

Hanwha seeks to buy Paraspara Seoul from developer tied to Banyan Tree Busan fire

Hanwha Hotels & Resorts Co. is in talks to acquire Paraspara Seoul, a five-star hotel and resort, up for sale by a property developer facing lia...

BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders

BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders

BTS member Suga and former Major League Baseball (MLB) pitcher Chan Ho Park are putting their money on the Athletics, formerly the Oakland Athletics...

IGIS Asset resumes sale of KIC-backed Shilla Stay Seodaemun

IGIS Asset resumes sale of KIC-backed Shilla Stay Seodaemun

Shilla Stay Seodaemun has been put on the market again amid signs of a recovery in South Korea’s hospitality industry, after earlier attempts ...

Netmarble set to spark subculture craze at Summer Game Fest

Netmarble set to spark subculture craze at Summer Game Fest

Netmarble Corp., South Korea’s leading game developer and publisher, is seeking to capitalize on the surging global demand for so-called subcu...

Used SUVs pricier than new ones? Yes, in South Korea thanks to Russia

Used SUVs pricier than new ones? Yes, in South Korea thanks to Russia

Prices of certain used sport utility vehicles in South Korea are defying the broader economic slowdown, with used models like Hyundai Motor Co.'s Pa...

Samsung’s Q1 profit beats expectations; Q2 outlook murky on tariff war

Samsung’s Q1 profit beats expectations; Q2 outlook murky on tariff war

Samsung Electronics Co., the world’s largest memory chipmaker, posted stronger-than-expected first-quarter operating profit on Tuesday, booste...

HD Hyundai on course for $1.55 bn order amid US-China trade war

HD Hyundai on course for $1.55 bn order amid US-China trade war

HD Hyundai Co., the world’s largest shipbuilding group, is emerging as a key beneficiary of the Trump administration’s tariff policies a...

Korean bakery giant SPC to build $160 mn US plant as tariff war escalates

Korean bakery giant SPC to build $160 mn US plant as tariff war escalates

SPC Group, the operator of South Korea’s largest bakery chain Paris Baguette as well as Paris Croissant, SPL, Dunkin and SPC GFS, is building ...

Daesang launches kimchi brand with three-Michelin-star chef

Daesang launches kimchi brand with three-Michelin-star chef

South Korean leading food maker Daesang Corp., the operator of kimchi brand Jongga, said on Thursday it launched San Ho Won with three-Michelin-star...

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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Quick delivery war deepens Korean big-box retailer-Baemin ties

Quick delivery war deepens Korean big-box retailer-Baemin ties

As competition for same-day delivery heats up in South Korea, traditional big-box retailers are rushing to join hands with the country’s No. 1...

North Korea Sent a Mystery Man to Lead Its Troops Fighting Ukraine

North Korea Sent a Mystery Man to Lead Its Troops Fighting Ukraine

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Korean steel giant POSCO to sell Chinese JV PZSS amid US-China trade war

Korean steel giant POSCO to sell Chinese JV PZSS amid US-China trade war

South Korean steel giant POSCO Holdings Inc. is seeking to sell its entire stake in a Chinese stainless steel joint venture as it faces growing comp...

With Samsung Bespoke AI kitchen, anyone can be a Michelin-star chef

With Samsung Bespoke AI kitchen, anyone can be a Michelin-star chef

Lim Hee-won, a celebrity chef who appeared on Netflix’s cooking competition show Culinary Class War, made a special trip to a studio in Seoul ...

Korea Zinc, MBK face proxy war for zinc smelter

Korea Zinc, MBK face proxy war for zinc smelter

Korea Zinc Inc.'s face-off with an MBK Partners-led consortium over control of the world’s largest zinc smelter looks set to escalate into a l...

North Korean Troops Train in Russia as Moscow Deepens War Coalition

North Korean Troops Train in Russia as Moscow Deepens War Coalition

North Korea has sent hundreds of special forces to eastern Russia for training in recent weeks, according to South Korea’s main intelligence a...

S.Korea’s premium kimchi war escalated by luxury hotels

S.Korea’s premium kimchi war escalated by luxury hotels

Kimchi, Koreans’ staple food throughout millennia, has become a new, lucrative revenue source for the country’s luxury hotel chain opera...

Shinsegae, Paramount to build $3.39 billion theme park complex in S.Korea

Shinsegae, Paramount to build $3.39 billion theme park complex in S.Korea

South Korea’s retail giant Shinsegae Group said on Thursday it has partnered with US media group Paramount Global on a 4.57 trillion won ($3.3...

Hyundai Motor Group expands R&D partnership with Singapore

Hyundai Motor Group expands R&D partnership with Singapore

Hyundai Motor Group, the world’s third-largest automaker, has expanded its research partnership with Singapore into energy, artificial intelli...

LG Uplus, SM Entertainment to launch AI Idols

LG Uplus, SM Entertainment to launch AI Idols

South Korea's LG Uplus Corp. said on Sunday that it will team up with SM Entertainment Co. to develop content using generative artificial intellig...

High-performance 4680 battery war is on; LG Energy takes lead over rivals

High-performance 4680 battery war is on; LG Energy takes lead over rivals

With stagnating electric vehicle sales or an EV chasm set to be prolonged, battery makers are increasingly turning their sights toward next-generati...

Slimming wars: Samsung aims to launch 7 mm foldable smartphone

Slimming wars: Samsung aims to launch 7 mm foldable smartphone

When Samsung Electronics Co. unveiled its latest iteration of foldable smartphones – the Galaxy Z Flip6 and the Z Fold6 – at the Unpacke...

KB Star exchange-traded funds rebranded as Rise

KB Star exchange-traded funds rebranded as Rise

South Korea’s KB Asset Management Co. announced on Wednesday that it will change the name of its ETF brand from "KB Star" to "Rise."The names ...

HBM chip war intensifies as SK Hynix hunts for Samsung talent

HBM chip war intensifies as SK Hynix hunts for Samsung talent

South Korean chipmaker SK Hynix Inc., just like its global peers, has largely designed and produced semiconductors in-house, including high-bandwidt...

South Korea sets sights on fostering EDA tech to win HBM chip war

South Korea sets sights on fostering EDA tech to win HBM chip war

In an escalating war in the semiconductor industry, insiders know there’s one technology critical for gaining chip supremacy: Electronic desig...

Aman, Rosewood, Banyan, IHG rush to open luxury hotels in Seoul

Aman, Rosewood, Banyan, IHG rush to open luxury hotels in Seoul

Renowned global hospitality companies, including Aman, Rosewood and IHG Group, are rushing to South Korea to launch new five-star luxury hotels in...

Kia unveils teaser images for The New EV6

Kia unveils teaser images for The New EV6

Kia Corp., the second-largest automaker in South Korea, is introducing an improved model of its first-ever all-electric sports utility vehicle (SUV)...

S.Korea’s KT to innovate media, content businesses with AI

S.Korea’s KT to innovate media, content businesses with AI

South Korea’s telecom giant KT Corp. is set to innovate its media and content businesses with artificial intelligence as it seeks new growth d...

Starfield launches 4th annual balloon festival with iconic character displays

Starfield launches 4th annual balloon festival with iconic character displays

Starfield, a chain of large shopping malls owned by Shinsegae, a South Korean retail company, announced on Friday that its 4th annual balloon festiv...

Samsung wins multi-year built-in kitchen suite orders from Clayton

Samsung wins multi-year built-in kitchen suite orders from Clayton

Samsung Electronics Co. is upping the ante to widen the lead in the US home appliance market with a long-term contract to provide its hyper-connecte...

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