K-pop streaming service

Entertainment 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...

Beauty & Cosmetics Europe looms large as K-beauty brands look to blue ocean; shares rise

South Korea’s beauty industry has been reaping decent gains from traditionally strong markets such as China and the US – the world&rsquo...

ASK 2025 Korean pension funds, insurers seek customized investment vehicles

South Korean institutional investors are increasingly interested in separately managed accounts (SMAs) that offer customized strategies, as well as ...

Beauty & Cosmetics K-Beauty defies seasonal slump with record $980 mn in April exports

The global appetite for Korean beauty products shows no sign of slowing, with their exports in April surging 20% year on year to a record high, ev...

Business & Politics Shinsegae Chair Chung joins Trump’s Middle East tour

Chung Yong-jin, chairman of South Korea’s retail group Shinsegae Inc., is the only Korean businessperson accompanying US President Donald Trum...

Shipping & Shipbuilding S.Korea’s mid-tier shipbuilders sail into new supercycle as China struggles

BUSAN – On a sunny May morning in Busan’s Yeongdo shipyard, the clang of steel and the rhythmic pounding of welders was telling the new ...

Beauty & Cosmetics In China’s waterway city Hangzhou, K-beauty redefines ‘shuiguang'

HANGZHOU – The capital of China’s Zhejiang province, Hangzhou, is the southern terminus of the ancient Grand Canal waterway, which origi...

Airlines Korean Air, Delta to buy 25% stake in Canada’s WestJet for $550 million

Korean Air Lines Co., South Korea’s largest full-service carrier, and its joint venture partner Delta Air Lines Inc. will acquire a 25% stake ...

Pension funds S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds

The Government Employees Pension Service (GEPS), one of South Korea’s top three public pension programs, will commit up to 200 billion won ($1...

E-commerce Coupang’s Q1 revenue up; quarterly dip signals rising competition

Coupang Inc., South Korea’s largest e-commerce platform, extended its year-on-year sales growth with an 11.1% increase to post $7.9 billion in...

Beauty & Cosmetics 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...

Bio & Pharma Korea’s pharmaceutical exports set to top $10 bn, led by ‘K-M7’ champions

South Korea’s pharmaceutical exports are on course to surpass $10 billion this year, underscoring the country’s growing clout in the glo...

Retail When in S. Korea, it’s a ritual: Foreigners make stops at CU, GS25, 7-Eleven

“If you’re going to San Francisco, be sure to wear some flowers in your hair,” as Scott McKenzie sang in the late 1960s and 70s.If...

K-pop K-pop stocks surge as China set to loosen cultural ban after 9 years

Shares in South Korea’s leading entertainment companies are rallying amid growing signs that China will likely lift its longstanding ban on Ko...

Beauty & Cosmetics Packaging rides K-beauty wave: Shares of cosmetics container makers soar

As South Korea’s independent beauty brands continue to take the global stage by storm, investors are now looking beyond the creams and serums ...

Food & Beverage India: Tantalizing frontier for K-food’s global ambitions beyond China

South Korea’s processed food exports to India have surged to a record 6 trillion won ($4.1 billion), marking a significant milestone in the gr...

Culture & Trends S.Korea’s medical tourism thrives on weak currency

Foreign visitors to South Korea jumped nearly 20% early this year, largely driven by a sharp depreciation in the country’s currency value agai...

Tech, Media & Telecom LG CNS breaks into US smart city market

LG CNS Co., the information technology service unit of South Korea’s LG Group, has won its first public-sector smart city contracts in the US,...

Shareholder activism US PE firm Miri Capital ups stake in Korea’s STIC Investments

US private equity firm Miri Capital Management LLC said on Tuesday it has raised its stake in STIC Investments Inc. to step up its shareholder activ...

Beauty & Cosmetics Korea launches $27 mn fund to invest in K-beauty startups

South Korea’s Ministry of SMEs and Startups on Thursday announced the launch of a 40 billion won ($27 million) fund to invest in Korean beauty...

Beauty & Cosmetics K-beauty defies trade headwinds as exports to China, US lead sales growth

South Korea’s beauty industry is mounting a powerful global push, defying trade pressures and economic uncertainties with a surge in exports t...

Beauty & Cosmetics K-beauty exports to China rebound after 4-month slump

South Korea’s beauty industry is showing signs of recovery in China, with exports rebounding after four months of decline.The turnaround follo...

K-pop 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...

Entertainment SM Entertainment acquires additional 11.4% stake in DearU for $9.2 mn

SM Entertainment Co., South Korea’s music powerhouse behind internationally popular boy and girl bands like EXO and aespa, has acquired an add...

Airlines Korean Air to finalize $32.7 bn deals with Boeing, GE Aerospace

Korean Air Lines Co., the country’s top full-service carrier, is set to soon finalize $32.7 billion deals with Boeing Co. and GE Aerospace for...

Debt financing MBK chairman to leverage own funds to pay Homeplus suppliers

Michael ByungJu Kim, the co-founder, partner and chairman of Northeast Asia-focused private equity firm (PEF) MBK Partners Ltd., is expected to leve...

Banking & Finance Shinhan Bank partners with Hyundai Mobis for loan services to suppliers

Hyundai Mobis Co., South Korea’s top auto parts maker, has partnered with the country’s biggest lender Shinhan Bank to help its partners...

Beauty & Cosmetics K-beauty shake-up: APR, Shinsegae rise as Aekyung declines

South Korea’s beauty industry is undergoing a major reshuffle, with new players rising to prominence while established giants face growing com...

Food & Beverage Korean snacks mesmerize global consumers amid K-pop popularity

South Korea’s snack exports soared to a record high in February, surpassing $40 million for the first time, as global demand surged amid the s...

Alternative investments S.Korean investors name their 33 favorite alternative asset managers

Blackstone and HarbourVest Partners are South Korean institutional investors’ preferred private equity firms, according to a survey by Korea I...