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SoCar Founder Poised to Return as Chairman After Legal, Regulatory Tumult

SoCar Founder Poised to Return as Chairman After Legal, Regulatory Tumult

(Photo=SOCAR) Lee Jae-woong, founder and largest shareholder of South Korea’s leading car-sharing platform SoCar, is set to return as chairman of the board next year, six years after stepping down from executive duties, as the company seeks to refocus on its core business following a period of regulatory and legal upheaval. The planned appointment, pending approval at SoCar’s annual shareholders’

Dec 31 2025
09:00 AM PST
Korean Air Shifts Widebody Capacity to Tokyo as Asia Travel Patterns Rebalance

Korean Air Shifts Widebody Capacity to Tokyo as Asia Travel Patterns Rebalance

(Photo=Korean Air) As travel demand across Asia continues to reconfigure in the uneven recovery from the pandemic, Korean Air, the flag carrier of South Korea and one of the region’s largest network airlines, is moving one of its most advanced long-haul aircraft onto a short-haul international route, a signal of how airlines are repositioning capacity toward markets where demand and

Dec 31 2025
08:00 AM PST
ADOR Terminates Contract With NewJeans’ Danielle, Warns of Damages Up to $80 Million

ADOR Terminates Contract With NewJeans’ Danielle, Warns of Damages Up to $80 Million

Photo=SNS ADOR, the K-pop agency managing global sensation NewJeans, has terminated its exclusive contract with member Danielle and signaled it will seek substantial penalties and damages, setting the stage for one of the most financially consequential artist disputes in recent K-pop history.In a statement released Sunday, the agency said it formally notified Danielle of the contract termination after determining it

Dec 30 2025
01:00 PM PST
Yoo Jae-suk Wins 21st Career Grand Prize at MBC, Praised for Leadership Amid Controversy

Yoo Jae-suk Wins 21st Career Grand Prize at MBC, Praised for Leadership Amid Controversy

Photo=Antenna SNS South Korea’s most decorated TV host Yoo Jae-suk won the grand prize at the 2025 MBC Entertainment Awards on Sunday, extending his record-breaking career total to 21 top honors and earning praise for his inclusive remarks amid recent controversy surrounding a former castmate. Yoo received the Daesang, or grand prize, at a live ceremony held at MBC’s Media

Dec 30 2025
12:00 PM PST
South Korea’s Exports Surpass $700 Billion for First Time, Joining Elite Global Trade Club

South Korea’s Exports Surpass $700 Billion for First Time, Joining Elite Global Trade Club

South Korea flag and big stack of shipping cargo containers in docks with sky background close up South Korea’s annual exports have exceeded $700 billion for the first time, according to preliminary trade data released Thursday, a historic milestone that reflects a powerful second-half rebound and cements the country’s position as one of the world’s top trading economies.Cumulative exports hit

Dec 30 2025
11:00 AM PST