Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity

Test case looms for Korea’s revised Commercial Act as VIP Asset challenges Lotte Rental’s rights issue to Affinity

Lotte Rental Co., South Korea’s No. 1 car rental and leasing company, is facing a backlash from a key minority shareholder over its planned ri...

Return of the K-pop queens: Blackpink, Twice power up YG, JYP

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...

Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts

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...

Maybe Happy Ending sweeps Tony Awards with six wins

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...

Elliott loses appeal over $19 mn claim against Samsung C&T

Elliott loses appeal over $19 mn claim against Samsung C&T

A South Korean appellate court has rejected Elliott Investment Management Corp.’s claim for 26.7 billion won ($19.3 million) in interest for a...

Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal

Tencent to become SM Entertainment's No. 2 shareholder via HYBE deal

Tencent Music Entertainment Group is set to become the second-largest shareholder of SM Entertainment Co. by acquiring HYBE Co.'s remaining shares i...

SK Earthon secures rights to explore 2 offshore oil blocks in Indonesia

 SK Earthon secures rights to explore 2 offshore oil blocks in Indonesia

SK Earthon Co., the petroleum exploration and production (E&P) unit of South Korea’s top energy company SK Innovation Co., has secured rig...

Lotte to retake $269 mn stake in logistics arm after flopped IPO

Lotte to retake $269 mn stake in logistics arm after flopped IPO

Lotte Group, South Korea’s fifth-largest conglomerate by assets, will buy back a stake in Lotte Global Logistics Co. from the latter’s f...

S.Korea confident of winning Czech nuclear plant deal despite court ruling

S.Korea confident of winning Czech nuclear plant deal despite court ruling

A landmark nuclear energy export deal between South Korea and the Czech Republic was postponed at the eleventh hour following a local court ruling, ...

Maybe Happy Ending: A robot love story that rewrote Broadway playbook

Maybe Happy Ending: A robot love story that rewrote Broadway playbook

On an unremarkable evening in November 2024, inside the opulent Belasco Theatre in Manhattan, something quietly historic was taking place.A delicate...

KAIST launches Korean rapper G-Dragon’s music into space

KAIST launches Korean rapper G-Dragon’s music into space

The Korea Advanced Institute of Science & Technology (KAIST) has launched the music and iris image of G-Dragon, a Korean rapper and singer-songw...

Hanwha Aerospace slashes planned rights offering size to $1.6 billion

Hanwha Aerospace slashes planned rights offering size to $1.6 billion

Hanwha Aerospace Co., a leading South Korean defense company, said on Tuesday it plans to slash the size of its proposed rights offering to 2.3 tril...

Hanwha gears up for 3rd-generation leadership with chairman’s stake gift

Hanwha gears up for 3rd-generation leadership with chairman’s stake gift

South Korea’s chemical-to-defense conglomerate Hanwha Group Chairman Kim Seung-youn will hand over half of his holdings in the conglomerate&rs...

K-pop exports boom as end of Chinese K-wave ban looms large

K-pop exports boom as end of Chinese K-wave ban looms large

Exports of Korean popular music, or K-pop, have seen a significant surge in recent months, driven by increasing demand from China and Japan, accordi...

Hanwha Aerospace plans record $2.5 bn rights offering for plant expansion

Hanwha Aerospace plans record $2.5 bn rights offering for plant expansion

Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through ...

Samsung SDI to raise $1.4 bn in rights offering for facility expansion

Samsung SDI to raise $1.4 bn in rights offering for facility expansion

Samsung SDI Co. will issue new shares worth 2 trillion won ($1.4 billion), its first rights offering in two decades, to fund bold facility and R&...

Korea’s top property asset manager IGIS Asset’s controlling stake up for sale

Korea’s top property asset manager IGIS Asset’s controlling stake up for sale

South Korea’s top real estate asset management firm IGIS Asset Management Co. plans to sell a controlling stake owned by the heirs of the comp...

Microsoft's quantum computing bet sparks controversy, again

Microsoft's quantum computing bet sparks controversy, again

In 2021, Microsoft Corp. faced significant scientific embarrassment when a landmark research paper it had sponsored was retracted.Published in the U...

Korea to probe Chinese, Japanese steel imports over anti-dumping claims

Korea to probe Chinese, Japanese steel imports over anti-dumping claims

South Korea is set to launch an anti-dumping investigation into hot-rolled steel imports from China and Japan, according to government and industry ...

PCB maker Isupetasys cancels M&A with carbon nanotube producer

PCB maker Isupetasys cancels M&A with carbon nanotube producer

South Korean printed circuit board (PCB) maker Isupetasys Co. has withdrawn a 300-billion-won ($210 million) deal to buy Jeio Co., one of the countr...

Korean entertainment powerhouse K Wave Media to debut on Nasdaq in Feb

Korean entertainment powerhouse K Wave Media to debut on Nasdaq in Feb

K Wave Media Ltd., an umbrella entity of South Korean entertainment companies, is set to go public on the Nasdaq next month in a bid to raise money ...

Regulator denies reporting MBK to prosecutors over Korea Zinc

Regulator denies reporting MBK to prosecutors over Korea Zinc

A senior Financial Supervisory Service (FSS) official on Thursday denied a report that the regulatory body has referred MBK Partners and Young Poong...

Korea Zinc chair reported to prosecutors over rights issue

Korea Zinc chair reported to prosecutors over rights issue

South Korea’s Financial Supervisory Service (FSS) has reported Korea Zinc Inc.'s Chairman Choi Yun-birm and its board of directors to prosecut...

South Korea's deadliest plane crash in decades claims 179 lives

South Korea's deadliest plane crash in decades claims 179 lives

A passenger plane carrying 181 people, including six crew members, crashed in southwestern South Korea early Sunday, killing 179 people, according t...

Seoul Semiconductor wins patent lawsuit vs Signify

Seoul Semiconductor wins patent lawsuit vs Signify

Seoul Semiconductor Co., the world’s No. 3 light emitting diode (LED) display maker, said on Thursday it has won a patent litigation case agai...

Boryung invests $10 million in Intuitive Machines

Boryung invests $10 million in Intuitive Machines

South Korea's Boryung Corp. said on Friday it bought $10.0 million in shares of US-based lunar lander company Intuitive Machines to expand its space...

TVing beefs up sports content, narrowing gap with Netflix

TVing beefs up sports content, narrowing gap with Netflix

TVing, a South Korean over-the-top (OTT) platform, is beefing up its live sports programming and TV series featuring baseball players to catch up to...

S.Korean firms’ rights issues poised for 12-year low

S.Korean firms’ rights issues poised for 12-year low

The lackluster South Korean stock market and softening Korean currency have discouraged local companies from raising money at home and pushed some t...

Korea Zinc drops $1.8 bn rights issue to regain shareholder support

Korea Zinc drops $1.8 bn rights issue to regain shareholder support

Korea Zinc Inc., the world’s top lead and zinc smelter, on Wednesday withdrew its 2.5 trillion won ($1.8 billion) rights issue as the move 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 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