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...

Hanwha-owned burger chain Five Guys Korea up for sale two years after launch

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...

BTS’ Jungkook, IU crowned most-loved K-pop artists worldwide

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...

SK Innovation to restore Vietnam’s mangrove forests in ESG initiative

SK Innovation to restore Vietnam’s mangrove forests in ESG initiative

SK Innovation Co. has signed a memorandum of understanding with the government of Tra Vinh, a province in southern Vietnam and MangLub, a local soci...

Blackpink roars back with Deadline world tour after 2-year hiatus

Blackpink roars back with Deadline world tour after 2-year hiatus

Blackpink has made a dazzling return with its electrifying new song, “Jump,” igniting excitement for its first world tour in almost two ...

Bid heats up for IGIS-owned co-living building in Seoul

Bid heats up for IGIS-owned co-living building in Seoul

An auction for a co-living building, owned by South Korea’s top real estate asset management firm IGIS Asset Management Co., in the hip Hongda...

Seoul-backed K-beauty brands set to make global mark

Seoul-backed K-beauty brands set to make global mark

As Korean beauty products continue to captivate global consumers, five Seoul-based cosmetics and wellness companies are gearing up to penetrate deep...

Kookmin Bank raises $700 mn in forex bonds amid strong demand

Kookmin Bank raises $700 mn in forex bonds amid strong demand

Kookmin Bank, a unit of KB Financial Group, raised $700 million in foreign exchange bonds on Tuesday, signaling a recovery in investor sentiment tow...

South Korean defense industry thriving on strong overseas demand

South Korean defense industry thriving on strong overseas demand

The South Korean defense industry's current heyday is expected to continue for a while as global demand for Korean-made weapons and combat systems h...

Chinese games expand foothold in South Korea

Chinese games expand foothold in South Korea

Chinese games are making deep inroads into South Korea, increasing their presence in the mobile gaming market amid a lack of restrictions on foreign...

Korea’s Nextrade stock exchange debuts; YG Entertainment tops 1st day

Korea’s Nextrade stock exchange debuts; YG Entertainment tops 1st day

South Korea’s first alternative stock exchange Nextrade (NXT) started trading on Tuesday, challenging the Korea Exchange’s (KRX) long-st...

Kia CEO stands firm on electrification strategy, premieres EV4 in Europe

Kia CEO stands firm on electrification strategy, premieres EV4 in Europe

TARRAGONA, Spain – Despite a temporary slowdown in electric vehicle demand and intensifying competition from Chinese automakers, Kia Corp. rem...

Meritz leaps to No. 2 financial holding firm in South Korea

Meritz leaps to No. 2 financial holding firm in South Korea

Meritz Financial Group Inc., once a medium-sized financial service firm in South Korea, has become the second-most valuable publicly traded financia...

South Korea to fully resume short selling in March: FSC Chief

South Korea to fully resume short selling in March: FSC Chief

South Korea will allow short selling on all listed stocks in the country next month as planned, said the chief of the country’s financial regu...

South Korean IPO market headed into winter after pitiful LG CNS debut

South Korean IPO market headed into winter after pitiful LG CNS debut

Companies in South Korea are expected to refrain from seeking initial public offerings for a while after the country’s much-anticipated new bl...

Korean investors abandon savings, stocks for cryptocurrencies

Korean investors abandon savings, stocks for cryptocurrencies

Money is rapidly shifting to cryptocurrency markets in South Korea as lower interest rates and lackluster stock prices reduce the investment appeal ...

Yoon becomes first S.Korean sitting president to be formally arrested

Yoon becomes first S.Korean sitting president to be formally arrested

South Korean President Yoon Suk Yeol has become the country's first sitting president to be arrested on rebellion charges as part of a probe into hi...

Foreign investors sells $3.86 bn in S.Korean stock market

Foreign investors sells $3.86 bn in S.Korean stock market

The Bank of Korea (BOK) said on Wednesday that the foreign investors' net selling in the South Korean stock market was $3.86 billion in December las...

South Korea becomes super-aged society faster than expected

South Korea becomes super-aged society faster than expected

One in five South Koreans is now 65 years old or older as the Asian country grapples with the demographic challenge of a rapidly aging population an...

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...

Nongshim captures young consumers in Indonesia

Nongshim captures young consumers in Indonesia

South Korea's instant noodle giant Nongshim Co. said on Tuesday it held Shinsational Day event in Jakarta, Indonesia. On November 15, Nongshim ...

Controversy brews over HYBE Chair Bang’s investment deal with PEFs

Controversy brews over HYBE Chair Bang’s investment deal with PEFs

Bang Si-hyuk, founder and chairman of HYBE Co., the South Korean entertainment giant behind K-pop global sensations BTS and NewJeans, is embroiled i...

Hyundai Mobis aims to expand non-captive sales to 40% as it goes global

Hyundai Mobis aims to expand non-captive sales to 40% as it goes global

South Korea’s top auto parts maker Hyundai Mobis Co. on Tuesday said it aims to boost non-Hyundai Motor Group affiliate sales to 40% of its to...

Rose’s music video ‘APT.’ surpasses 300 mn views on YouTube

 Rose’s music video ‘APT.’ surpasses 300 mn views on YouTube

The music video for “APT.”, featuring girl group Blackpink's Rose in a duet with pop star Bruno Mars, has surpassed 300 million views on...

Kakao Mobility, Samyang Logistics partner on fulfillment services

Kakao Mobility, Samyang Logistics partner on fulfillment services

Kakao Mobility Corp., South Korea’s most popular ride-hailing app operator, said on Monday that it partnered with logistics firm Samyang Logis...

HYBE Q3 profit down; foresees better 2025 after BTS’ military discharges

HYBE Q3 profit down; foresees better 2025 after BTS’ military discharges

HYBE Co., the K-pop behemoth behind BTS, suffered a double-digit profit fall in the third quarter amid an ongoing feud with Min Hee-jin, the creativ...

Volpara to supply breast cancer SW to US Defense Health Agency

Volpara to supply breast cancer SW to US Defense Health Agency

Lunit, a South Korean cancer diagnostics AI company, said on Monday its US subsidiary Volpara Health secured a 10 billion won ($7.5 million) contr...

Netmarble’s RPG ‘Solo Leveling’ reaches 50 mn cumulative users

Netmarble’s RPG ‘Solo Leveling’ reaches 50 mn cumulative users

South Korean game developer Netmarble Corp. announced on Tuesday that the action role-playing game (RPG) “Solo Leveling: Arise” has reac...

S.Korea’s exports fall 2.9% in first 20 days of October; chip sales strong

S.Korea’s exports fall 2.9% in first 20 days of October; chip sales strong

South Korea’s exports, the country’s main growth driver, fell 2.9% in the first 20 days of October amid falling demand for vehicles and ...

Mom's Touch to enter Laos in 2025

Mom's Touch to enter Laos in 2025

South Korean homegrown burger and chicken brand Mom's Touch & Co. said on Wednesday that it signed a master franchise agreement with Laos-based ...

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