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Korean dining chains sweep across US, boon for K-sauce
KPOT promotional picture on the company website (Courtesy of KPOT) Korean dining chains are springing up across the US, fueled…
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SK seeks to divest overseas units acquired from Dow Chemical, Arkema
SK Innovation’s petrochemical complex in Ulsan, South Gyeongsang Province SK Geo Centric Co. is approaching foreign petrochemical companies to sell…
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HD Hyundai Robotics to raise $144.3 mn to bolster AI-powered robots
HD Hyundai Robotics participated in AUTOMATICA 2025, the world-renowned robotics exhibition held in Germany, in July 2025 (Courtesy of HD…
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S.Korea passes tougher corporate law reform, adopts cumulative voting
Democratic Party leader Jung Cheong-rae (center in the front row) smiles after casting a vote on the new amendement to…
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Korean tycoons head to US to support summit; Samsung likely to unveil fresh investment
Samsung Group Chairman Lee Jae-yong heads to Washington to support the Korea-US summit on Aug. 24, 2025 The heads of…
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Over 10,000 Koreans hold more than 1 bn won in crypto assets
(Courtesy of Getty Images) More than 10,000 South Koreans each hold cryptocurrencies worth over 1 billion won ($740,000), with their…
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Korea passes controversial ‘Yellow Envelope Act’, invites backlash from employers, foreign firms
The National Assembly passed a controversial labor bill, known as the yellow envelope bill, broadening workers’ rights on Aug. 24,…
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S.Korea’s Lee heads to high-stakes summit with Trump after closing diplomatic, economic ranks with Ishiba
President Lee Jae Myung (left) shakes hands with Japanese Prime Minister Shigeru Ishiba ahead of their summit at Ishiba’s residence…
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Bill Gates strengthens ties with Samsung, SK, HD Hyundai on energy, biotech, philanthropy projects
Samsung Group Chairman Lee Jae-yong (center) welcomes Bill Gates at Samsung’s headquarters in Seoul on Aug. 22, 2025 Bill Gates,…
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GS E&C offloads Spanish water treatment arm GS Inima for $1.2 bn
(Screenshot captured from GS Inima Environment website) GS Engineering & Construction Corp. (GS E&C) said on Friday it has agreed…
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S.Korea cuts growth outlook to 0.9%, banks on AI to reignite economy
Container trucks move cargoes at Port of Busan South Korea’s government cut its 2025 economic growth forecast in half from…
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French specialty gas maker Air Liquide signs $2.9 bn deal to acquire DIG Airgas from Macquarie
DIG Airgas facilities in Paju, Gyeonggi province (Courtesy of DIG Airgas) Air Liquide SA, a French multinational industrial gas and…
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South Korea’s president to visit US with 15 business leaders after Japan
President Lee Jae Myung of South Korea (left) and US President Donald Trump South Korea’s President Lee Jae Myung will…
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Harman sells system integration unit to Wipro to sharpen audio focus
(Courtesy of Samsung Electronics) Harman International Industries Inc., wholly owned by Samsung Electronics Co., has sold its digital transformation solutions…
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Korean firms target $5 bn in bond sales as credit spreads hit 14-mth low
(Courtesy of Getty Images) South Korean companies are ramping up bond offerings ahead of the Korean Thanksgiving holiday in early…
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Samsung’s US profit triples thanks to Galaxy phones
Galaxy Unpacked 2025 event held at the SAP Center in San Jose, California in January 2025 (Courtesy of Samsung Electronics) …
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KHNP in joint venture talks with Westinghouse to target US nuclear market
A nuclear power plant in Temelín, Czech Republic (Courtesy of Korea Hydro & Nuclear Power) South Korea’s state-run Korea Hydro…
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UK’s TeraView wins preliminary nod for South Korea listing
TeraView’s headquarters in Cambridge, UK (Screentop captured from TeraView website) TeraView Ltd., a British developer of terahertz imaging inspection systems,…
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HD KSOE buys Doosan Vina for $207.5 mn in green ship push
Doosan Vina (Courtesy of HD KSOE) HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) agreed to buy a full…
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Korea to tighten stewardship code with workplace safety penalties; accident-prone firms remain wary
A construction site in Seoul South Korea is preparing sweeping changes to its stewardship code that will allow public pension…
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S.Korea’s petrochemical firms to cut capacity on state urge for rigorous restructuring
Finance Minister Koo Yoon-cheol (right) presides over a meeting of economy-related ministers on strengthening the petrochemical sector’s competitiveness South Korea’s…
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Kep1er, Kid Milli to perform in China, raising hopes of eased cultural ban
Photo of Kep1er South Korean girl group Kep1er and rapper Kid Milli are set to hold concerts in China next…
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Kospi-listed firms underperform in Q2 with gloomy H2 forecast
South Korean firms suffered steeper losses in the second quarter as hefty US import tariffs took a toll, fueling fears…
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US government eyes stake in Samsung, TSMC in return for CHIPS Act funds
US Commerce Secretary Howard Lutnick speaks at the US Census Bureau (Screenshot from the US Department of Commerce’s official X…
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JPMorgan, Morgan Stanley to meet with Korean regulators, financial chiefs to assess Korea risks firsthand
KB Financial Group is the country’s largest banking group JPMorgan and Morgan Stanley executives, alongside dozens of overseas investors, will…
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President Lee to meet Kpop Demon Hunters director Maggie Kang, TWICE
“Huntress, a three-member girl group that battles demons in Kpop Demon Hunters. South Korean President Lee Jae-myung will meet with…