Song In June

Earnings KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia

KakaoBank Corp., a leading South Korean internet-only bank, posted its highest quarterly profit in the first quarter, defying a drop in interest inc...

K-pop 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...

Business & Politics S.Korean President Yoon Suk Yeol ousted; new presidential election coming

South Korea’s Constitutional Court permanently removed President Yoon Suk Yeol from office on Friday, making him the country’s second pr...

Real estate Deloitte Anjin to lead sale of Four Points by Sheraton Josun, Myeongdong

IGIS Asset Management Co., a leading South Korean real estate investment firm, has chosen Deloitte Anjin LLC as its lead manager to sell Four Points...

Business & Politics S.Korean court to rule on impeached President Yoon’s fate April 4

South Korea’s Constitutional Court on Friday will give its ruling on President Yoon Suk Yeol, who was impeached in December for declaring mart...

Upcoming IPOs Lotte aims to take Lotte Global Logistics public by end-June

Lotte Group, grappling with a prolonged downturn in the petrochemical industry, plans to take Lotte Global Logistics Co. public by the end of June a...

Mergers & Acquisitions Meta in talks to acquire Korean fabless chip startup FuriosaAI: Forbes

Meta Platforms Inc., the parent of Facebook and Instagram, is in talks to acquire Seoul-based AI chip startup FurisosaAI Inc. and the discussion cou...

Shipping & Shipbuilding Samsung Heavy wins $264 mn order for LNGC

South Korea’s shipbuilder Samsung Heavy Industries said on Monday it won 379.6 billion won ($264 million) for one unit of liquefied natural ...

Shipping & Shipbuilding HD Hyundai eyes foray into US navy ship repair market in June

HD Hyundai Heavy Industries Co., the world’s largest shipbuilder, is seeking to launch maintenance, repair and overhaul (MRO) services for the...

Culture & Trends Baby Shark receives three Emmy nominations

South Korea's The Pinkfong Company, popularly known for its "Baby Shark" character, said on Friday that "Baby Shark’s Big Movie" received thre...

Artificial intelligence Samsung SDS to build AI-focused data center at Samsung Electronics’ plant

Samsung SDS Co., the information technology service unit of South Korea’s Samsung Group, plans to build an artificial intelligence data center...

Automobiles Hyundai to launch Euro 7-compliant car in Europe next year

Hyundai Motor Co., South Korea’s top automaker, is set to introduce a tougher emissions standards-compliant model in Europe next year ahead of...

Korean startups PEN Ventures: A skilled startup accelerator for entrepreneurs going global

For startup accelerators that nurture promising young entrepreneurs, identifying a soon-to-be-unicorn, or a company valued at over $1 billion, in ...

K-pop BTS Jin previews new song ‘I’ll Be There' ahead of release of his solo album

BTS Jin released “I'll Be There,” a preview track from his first solo album, on Friday, his agency Big Hit Music announced.“I'll B...

K-pop Blackpink’s Rose releases new song in collaboration with Bruno Mars

Girl group Blackpink's Rose released her single “APT.” in collaboration with global pop star Bruno Mars on Friday, her agency The Black ...

K-pop BTS Jin reveals track list of 6 songs for solo album 'Happy'

The title track of the first solo album to be released by BTS member Jin is “Running Wild,” his agency Big Hit Music announced on Thursd...

K-pop BTS Jungkook receives platinum certification from RIAJ

Boy band BTS' Jungkook's solo song “Seven - Explicit Ver.” has been certified “Platinum” in the streaming category by the Re...

K-pop NewJeans surpasses 5 billion cumulative Spotify streams

K-pop girl group NewJeans has surpassed five billion combined streams on Spotify, the world's largest music platform, its agency, Adore, announced o...

Culture & Trends Korea to launch regular K-content festival in June

South Korea plans to host a regular event showcasing its cultural products such as K-pop and foods in June of next year with the goal of making the ...

Economy Korea’s household debt hits record high on mortage loans

South Korea’s household debt hit a record high in the second quarter as the domestic housing market started to recover and more consumers rush...

Economy S.Korea’s current account at near 7-year high on strong chip exports

South Korea reported its biggest monthly current account surplus in six years and nine months thanks to robust exports of semiconductors. But the gr...

Real estate Korea's warehouses suffer oversupply, rising vacancies

Logistics centers in Seoul suburbs are suffering oversupply and rising vacancy rates, according to a report from South Korean commercial real estate...

Economy South Korea’s Inflation reaccelerates in July

South Korea’s headline inflation picked up at a stronger-than-expected pace in July, reaccelerating due to higher prices for agricultural and ...

Markets Korean treasury yields fall to lowest level in over 2 years

South Korea’s treasury bond yields fell to their lowest points in more than two years, slipping below the 3% level for the first time since Ap...

Economy S.Korea’s economy slows in Q2, but on growth course

South Korea’s economy unexpectedly slowed in the second quarter on softer private consumption and business investments, reinforcing expectatio...

Automobiles Genesis GV80 global sales hit record high in Jan-June 2024

The sport utility vehicle GV80 under Hyundai Motor Co.'s premium Genesis brand recorded its highest half-year sales in the first half of this year, ...

Earnings LG Elec logs record Q2 earnings on home appliances, car parts

South Korean tech giant LG Electronics Inc. is expected to log its record second-quarter revenue and operating profit thanks to robust sales of home a...

North Korea This Song Is Catchy and Going Viral. It’s Also North Korean Propaganda.

SEOUL—Jordan Daniels, a 31-year-old pianist and software engineer in California, posted a cover of a catchy new tune on TikTok. One asp...

Automobiles Hyundai Motor releases Casper Electric teaser images

Hyundai Motor Co. on Tuesday released a teaser image of the electrified model of its first city sports utility vehicle (SUV) The Casper Electric.T...

Private equity France's Archimed seeks to delist aesthetic laser maker Jeisys

French private equity firm Archimed SAS, managing around €7 billion ($7.5 billion) in assets as of end-May, plans to secure a controlling stake...