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Two prominent South Korean actors are facing growing public scrutiny following media reports alleging aggressive tax practices involving
Hyundai Motor Group’s decision not to exercise its buyback option on its former Russian manufacturing plant is fueling
As competition intensifies in the U.S. skincare market, where product claims have become increasingly interchangeable, brands are searching
Next Biomedical Co., a South Korean medical-device specialist, said it has received regulatory approval in Canada for its
(Photo=HYBE/MrBeast) MrBeast, the most-followed creator on YouTube, was unexpectedly drawn into a dispute far outside his usual realm after fans of the South Korean pop group NewJeans inundated his social media accounts with appeals to intervene in a contract conflict. The moment gained traction after a U.S. entertainment outlet reported that MrBeast’s TikTok comments were being flooded with messages urging
(Photo=Office of the President of the Republic of Korea) President Lee Jae-myung of South Korea and President Xi Jinping agreed this week to begin easing long-frozen bilateral ties by expanding cultural exchanges, a limited but politically safer step after years of strain driven by security disputes. Meeting in Beijing, the two leaders endorsed a gradual approach focused on areas considered
(Photo=Lotte) Lotte Holdings, the Japan-based holding company for South Korea’s Lotte Group, whose businesses span food, retail and chemicals, has made a strategic investment in a California biotechnology startup, underscoring how U.S.-based life sciences platforms are drawing capital from global industrial groups seeking early access to advanced research technologies. The investment was led by Lotte Holdings’ healthcare and biopharmaceutical corporate
Photo=Motionelements South Korea’s benchmark Kospi index could advance to as high as 5,200 points this year as improving earnings momentum—led by the semiconductor sector—supports further gains, according to a market strategist. In a report released Monday, Han Ji-young of Kiwoom Securities said the current rally still has room to run, citing the likelihood of additional upward revisions to corporate earnings
(Photo=KT) A temporary waiver of early termination fees by KT, one of South Korea’s three dominant wireless carriers, has set off an abrupt burst of customer movement in the country’s mobile industry, exposing how tightly contractual penalties have constrained competition in a mature market. Industry data show that 198,190 subscribers switched carriers between Dec. 31 and Jan. 5, more than
