Maybe Happy Ending sweeps Tony Awards with six wins

"Maybe Happy Ending" swept the Tony Awards on Sunday, taking home six trophies, including for Best Musical, and the first time a Korean-originated p...

Proxy voting rises in South Korea, but few vetoes cast

An increasing number of asset management firms in South Korea are more frequently exercising their voting rights at portfolio companies. Nevertheles...

LG Uplus unveils content review platform 1Row

South Korea's LG Uplus Corp. said on Wednesday it launched 1Row, a content review platform for movies and dramasUsers can access cast and director i...

Korea Zinc, Bain Capital offer $2.4 bn share buyback vs MBK

Korea Zinc Inc. said on Wednesday it will buy back shares for 3.1 trillion won ($2.4 billion) with the backing of Bain Capital to counter MBK Partne...

Hyundai E&C unveils new Hillstate brand video

South Korea's Hyundai Engineering & Construction Co. (Hyundai E&C) announced on Friday the release of a new Hillstate brand film titled "Wha...

Shrinking youth jobs cast shadow over S.Korea’s labor market

Employment in South Korea extended its growth streak in June but its gains slowed for the third straight month, with youth jobs declining for eight ...

Korea inflation at 19-mth low; casts doubts over rate hike

South Korea’s headline inflation fell for a fourth straight month in May to a 19-month low amid continuous signs of a slowdown in Asia’s...

Inflation casts shadow over S.Korea NPS' hedging strategies

South Korea’s National Pension Service (NPS), with 920.4 trillion won ($694.6 billion) in assets as of November 2022, faces growing concerns o...

Ford EV production halt casts doubts over SK cell quality

Ford Motor Co. said on Tuesday it has stopped production and shipments of the F-150 Lightning electric pickup truck due to a possible battery issue,...

Hanwha to build largest US solar energy hub for $2.5 bn

South Korea’s Hanwha Solutions Corp. said on Wednesday that it will invest 3.2 trillion won ($2.5 billion) to build the largest solar energy p...

Kakao’s power outage casts doubts over growth strategies

South Korea’s mobile platform giant Kakao Corp. is facing increasing concern over its growth strategies centered on business expansions throug...

Why GS Group keeps debt-ridden, cash-guzzling affiliate afloat

GS Group, a South Korean energy-to-retail conglomerate, has an unlisted affiliate that the group largely keeps out of the public eye but is occasion...

NPS’ shareholder meeting vetoes cast pall on its profitability

National Pension Service (NPS) of South Korea, the world's third-largest pension fund with 948.7 trillion won ($768.9 billion) in assets under man...

Doosan to build Saudi Arabia's largest steel casting plant

Doosan Heavy Industries and Construction Co., South Korea's power plant components supplier, signed a preliminary agreement on Wednesday to build Sa...

Namyang top shareholder barred from casting vote at general meeting

Namyang Dairy Products Co.'s top shareholder and Chairman Hong Won-sik will be barred from exercising his shareholder rights at the company's genera...

Experts cast doubt on S.Korea’s $2 bn currency swap deal with Turkey

South Korea and Turkey have signed a $2 billion currency swap agreement to boost bilateral trade and strengthen cooperation in the financial sector,...