Hanwha-owned burger chain Five Guys Korea up for sale two years after launch
South Korea’s Hanwha Group is seeking to sell the Korean operations of US premium burger chain Five Guys, two years after the brand’s hi...
Vietnam’s top leader to make 1st South Korea visit in 11 years
To Lam, general secretary of Vietnam’s Communist Party and the country’s de facto ruling leader, is expected to make a state visit to So...
K-beauty contract manufacturers see record Q2 profits; rally likely to continue
South Korea’s major original design manufacturers (ODMs) for cosmetics, led by Cosmax Inc. and Kolmar Korea Co., are estimated to have posted ...
LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries
Ultium Cells LLC, a battery joint venture between South Korea’s LG Energy Solution Ltd. and General Motors Co., will upgrade its battery cell ...
K-beauty craze sends Olive Young online sales to new heights
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...
Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike theirs
As global automakers raise prices in the US market to respond to new Washington import tariffs, South Korea’s Hyundai Motor Group is taking th...
Blackpink's new single Jump tops Spotify daily chart
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...
Samsung supplies newest nanoprism image sensors to Xiaomi to crack Sony’s lead
Samsung Electronics Co. is supplying a new high-performance image sensor featuring nanoprism technology to China’s Xiaomi, as the South Korean...
Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media
What was once a world of elves, dragons and power-ups is now giving rise to one of South Korea’s most unexpected tech revolutions, with game s...
Return of the K-pop queens: Blackpink, Twice power up YG, JYP
Blackpink and Twice, two of South Korea’s most prominent K-pop female acts, made high-profile returns on Friday with new releases, heightening...
Samsung to launch AI health coach beta in US by end-2025
NEW YORK – Samsung Electronics Co. will roll out a beta version of AI-powered health coach within the Samsung Health application in the US by ...
BTS’ Jungkook, IU crowned most-loved K-pop artists worldwide
BTS’ Jungkook and IU, a singer and actress, have claimed the top spots on the most-favorite K-pop artist charts in both the male and female ca...
Saudi Crown Prince bin Salman courts Korean AI startups as Riyadh, Abu Dhabi vie to build tech hubs
Back in the 1960s and 1970s, the Middle East was a land of opportunity for many South Korean construction workers, who labored there under the scorc...
Samsung to buy US health tech firm Xealth in digital health push
Samsung Electronics Co. will acquire Xealth, a US-based healthcare platform provider, as it steps up efforts to foster non-semiconductor businesses ...
US unveils 25% tariffs on S.Korea, sets Aug. 1 deadline for agreement
US President Donald Trump on Monday announced new tariffs of 25% on South Korea, set to take effect on Aug. 1 unless the two countries reach a trade...
LG Electronics' Q2 profit halves as US tariffs bite
Earnings at LG Electronics Inc. nearly halved in the second quarter after the Trump administration's tariff hikes pushed up raw material costs, maki...
Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts
A fictional K-pop boy band from a Netflix animated feature has achieved what few real-world Korean acts have – to top the US Spotify chart.You...
Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August
Koh Young Technology Inc., a South Korean developer of 3D optical inspection devices used in electronics manufacturing, is set to install its brain ...
Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs
The sale of Pangyo Tech 1, a landmark office tower in Pangyo, South Korea’s answer to the US' Silicon Valley, has drawn strong bidding interes...
Kia to make, sell China-launched EV5 in Korea to keep top spot
Kia Corp., South Korea’s second-largest automaker, plans to manufacture and sell the EV5, its first China-made all-electric vehicle, at home t...
Samsung Asset leads H1 AUM rankings amid ETF boom
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...
Blackstone in talks to acquire Korea’s top salon chain Juno Hair in $590 mn deal
US private equity firm Blackstone Inc. is pursuing the acquisition of Juno Hair, South Korea’s largest premium hair salon chain, in a deal tha...
DB Insurance in talks to buy US auto insurer Fortegra in $1.5 billion deal
DB Insurance Co., a leading South Korean non-life insurance company, is in advanced talks to acquire US-based insurer Fortegra in a deal that could ...
HYBE to bring K-pop idol playbook to India, tapping local talent
India, a country of 1.4 billion people, will be HYBE Co.'s next stop to test its K-pop model by discovering and nurturing local talent under its Cha...
POSCO sets sights on lithium production in US
POSCO Holdings Inc. has teamed up with Australia’s Anson Resources Ltd. to build a direct lithium extraction (DLE) demonstration plant in the ...
S.Korea’s pension fund NPS posts weaker returns amid US tariff concerns
The National Pension Service (NPS), South Korea’s state-run pension fund and the country’s largest institutional investor, is posting sh...
KKR in control feud over Korea’s top solar power plant
Global private equity giant KKR & Co. Inc. is embroiled in a management dispute over South Korea’s top solar power plant with key individu...
NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1
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...
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, ...
Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge
Chung Yong-jin, chairman of South Korea’s retail giant Shinsegae Inc., is likely to head the Asian operations of the Rockbridge Network, a gro...
