Seoul: K-pop powerhouse Hybe announced it will sell its entire stake in rival SM Entertainment to China’s Tencent for 200 billion won (US$145.5 million). In

Manila: A combination of the Korean Wave and expanded local sales networks has driven sales growth at Hitejinro Philippines Inc. in recent years, the company

Gyeongju: South Korea is preparing to send formal invitations to the 20 member states of the Asia-Pacific Economic Cooperation (APEC) for the forthcoming summit, contingent

Seoul: Banks’ lending rates have decreased for the fifth consecutive month in April, as data revealed on Tuesday, a trend attributed to the central bank’s

Seoul: Unionized intracity bus workers in Seoul and management began wage negotiations Tuesday, with just a day remaining until a general strike the unionized workers

Jeju: An annual international peace forum is set to begin on South Korea’s southern island of Jeju this week, focusing on peace and security challenges