Brian Kim, Kakao's founder, is facing allegations that he manipulated SM Entertainment's stock price to block a rival's acquisition attempt.
South Korea
Hyundai Motor Co. reached a tentative wage deal with its labor union in South Korea on Monday.
Major South Korean battery producer SK On is in crisis amid weak electric car sales of its clients in the US and Europe.
Samsung Electronics Co. unionized workers, led by the National Samsung Electronics Union (NSEU), will commence a three-day strike at the company's Hwaseong facility near Seoul.
Busan’s Saha District in South Korea is launching a pilot program to address its low birth rates. The program will offer financial incentives of up to 500,000 won ($360) for dating and 20 million won ($14,400) upon marriage.
The United States, Japan, and South Korea have agreed to strengthen its cooperation on building more resilient supply chains and developing key technologies, particularly semiconductors, clean energy, cybersecurity, and critical minerals.
The Korean Fair Trade Commission launches an on-site probe into Kakao Entertainment amid allegations of biased music distribution fees, following claims from industry insiders and K-pop agencies about preferential treatment towards subsidiary labels.
Authorities in South Korea are closing a murder-suicide case in Gyeonggi province after the two suspects died from jumping out of a hotel room window to evade capture.
A Samsung Electronics union in South Korea protested over pay and working conditions on Friday when it staged its first-ever walkout.
A businessman from Ghana was discovered dead at his hotel in Seoul. He was in South Korea to attend an event related to the Korea-Africa Summit.
The million-dollar question remains: who is David Yong, and why is he super rich?
North Korea's ongoing balloon campaign, sending trash-laden balloons across the border into South Korea, continues to escalate tensions, prompting heightened alertness and concerns in the region.
South Korean authorities are investigating Samsung's Giheung plant after two workers were exposed to radiation, prompting hospitalization and suspension of the suspected equipment.
North Korea has escalated tensions with South Korea by sending balloons carrying what they call "filth and garbage" across the border.
BTS’s talent agency Hybe is selling 750,000 of its shares with SM Management for a total of $50 million while it is dealing with estranged ADOR CEO Min Hee-Jin.
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