Wave

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 ...

Business & Politics S.Korea's Han, Trump discuss transactional diplomacy in 1st direct talks

South Korea’s Acting President and Prime Minister Han Duck-soo spoke with US President Donald Trump on Tuesday to discuss various issues of mu...

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...

Business & Politics China likely to lift ban on South Korea’s K-wave as early as May

BEIJING – China will likely lift its ban on Hallyu, or Korean popular culture in the country, as early as May, moving away from its “wol...

IPOs 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 ...

Economy S.Korea, Thailand launch negotiations for EPA

South Korean and Thai governments declared the launch of negotiations for the Economic Partnership Agreement (EPA) on Thursday. South Korea’s ...

Tech, Media & Telecom S.Korean government seeks to lower streaming service rates

The South Korean government is seeking to lower the country’s video streaming service, or over-the-top (OTT) media service, rates as part of i...

Korean startups Korea’s next tech wave in music to mushroom culture  

Investors on the hunt for the next big thing in South Korea explored the country’s next wave of technology at this year’s first demo day...

Korean food, retail firms cut jobs as spending drops

South Korea’s food, cosmetics and retail companies, heavily reliant on domestic sales, are slimming down their workforce to survive a prolonge...

Robotics Hanwha Robotics produces kitchen automation robots

South Korea’s Hanwha Robotics on Sunday announced its signing of an agreement on the development and commercial use of a robotics system for k...

Electronics LG Electronics launches sleep management solution brid.zzz

LG Electronics Inc. on Friday launched a sleep management solution called "brid.zzz" aimed at individuals grappling with stress and insomnia. The na...

Travel & Leisure KTO releases 49 Korean Wave tourism products

The Korea Tourism Organization (KTO) said on Friday that it has selected 49 tourism routes developed by 19 different travel agencies, centered aroun...

Robotics S.Korean kitchen robot startup Wave attracts $3 mn investment

South Korea's kitchen robot startup Wave Lifestyle Technologies announced on Tuesday that it has raised a Series A1 investment of 4 billion won ($3 ...

Retail Lotte Shopping: Resurrected in Indonesia after death in China

JAKARTA – On a hot spring day in March, Lotte Mart’s Gandaria City Mall hypermarket was as bustling with shopping Indonesians as usual.I...

Korean startups Wave Lifestyle Tech signs MOU with Saudi gov't to expand robot business

Wave Lifestyle Tech, a South Korean foodtech robot company, said on Monday that it has signed a memorandum of understanding with Saudi Arabia’...

The Deep Dive S.Korea’s love of luxury ushers in 3rd wave of bling boom

Global luxury brands from Louis Vuitton to Chanel and Thom Browne are readying themselves for a third wave of the luxury boom in South Korea, where ...

Aerospace & Defense S.Korea's top sci-tech school creates cutting-edge anti-drone technology

A research team at South Korea's top science and technology university has developed an anti-drone technology that can remotely neutralize a city-in...

Entertainment Golfzon takes part in PGA Merchandise Show in Florida

South Korea's indoor golf simulator maker Golfzon Co. said Wednesday that it would participate in the 2023 PGA Merchandise Show to be held in Orland...

Korean Innovators at CES 2023 Golfzon to showcase portable golf simulator at CES 2023

Golfzon Co., a global indoor golf equipment maker, will participate in CES 2023 in Las Vegas to showcase its "Wave Play" product line, which targets...

Tech, Media & Telecom Kakao steps back from conflict over Google's in-app payment

South Korea’s Kakao Corp. has voluntarily removed an external payment link from the country’s largest messaging app KakaoTalk in complia...

Food & Beverage Daesang’s first Korean kimchi plant in US up and running

South Korean food maker Daesang Corp. has completed the construction of a kimchi plant in the US, its first factory outside Asia, which the company ...

Metaverse Cybersecurity stocks market darlings on rise of metaverse

Just a couple of years ago, the prevalent market view on the cybersecurity industry was that it would go downhill rather than prosper as public orga...

Food & Beverage Next K-wave in Asia: Convenience stores

When South Korean major convenience store chain CU opened its first branch in Malaysia on April 1, there was a queue of more than 100 meters to get ...

Real estate Time to invest in luxury hotels in Korea: JLL executive

The COVID-19 pandemic has been particularly hard on the hotel industry, exposing it as one of the most vulnerable to the crisis amid the global lock...

Entertainment K-pop fan engagement platform DearU eyes H2 listing

South Korea-based fan platform DearU Co. has filed a preliminary application to the Korea Exchange with plans for a trading debut on the country&rsq...

South Korea’s food exports have surged on the back of Korean dramas, or more popularly known as K-dramas, gaining global popularity particularly...

Korean food Korea's signature sauce gochujang goes global, riding on K-wave

South Korea’s food exports have surged on the back of Korean dramas, more popularly known as K-dramas, gaining global popularity particularly in...

ESG K-beauty, fashion companies ride ESG wave

South Korea's fashion and beauty companies are jumping on the environmental, social, governance (ESG) bandwagon to lure more environmentally conscious...

Radio wave research head picked as Korea Post’s savings unit CIO

A career bureaucrat and former administrator of South Korea’s National Radio Research Agency was appointed as chief investment officer of Korea Post’s...