Korea Joongang Daily
Korea JoongAng Daily

Online exports of SMEs surpass $300M in Q1 on cosmetics

Exports by Korea's small- and medium-sized enterprises through online channels reached an all-time high in the first quarter of this year, driven by strong global demand for cosmetic products, government data showed Thursday.

2026-05-14

Top court upholds 2-year sentence for Hankook & Company chair for misappropriation, embezzlement

The Supreme Court on Friday upheld a two-year prison sentence for Hankook & Company Chairman Cho Hyun-bum for misappropriating and embezzling company funds.

2026-05-08

HMM shareholders approve relocation of headquarters from Seoul to Busan

HMM, Korea's largest shipping company, said Friday its shareholders approved a plan to relocate the company's headquarters from Seoul to Busan, the nation's southeastern port city.

2026-05-08

Hyundai, India's TVS Motor pen agreement to develop electric rickshaws

Hyundai Motor and India's TVS Motor have signed a joint development agreement to advance the development and commercialization of electric three-wheelers, known locally as rickshaws, the Korean automaker announced Tuesday.

2026-04-21

Shareholders have more of a say thanks to recent Commercial Act revisions

Shareholder activism is increasingly reshaping corporate governance disputes in Korea, expanding beyond internal conflicts among controlling families into broader battles between major shareholders and minority investors or activist funds.

2026-04-17

Boy band Be Boys shoots for success by leaning into famous manga on new single 'Slam Dunk'

Rookie boy band Be Boys, now nearing the first year anniversary of its debut, is charging ahead against the odds — much like a basketball star fighting through defenders for a soaring slam dunk.

2026-04-15

Seoul Shakespeare Company provides a much needed community for theater-loving expats

Theater lovers need not go all the way to the West End or Broadway to catch a play by Shakespeare — Seoul has its own theater group, the Seoul Shakespeare Company, putting on the bard’s classics right in the heart of the city.

2026-04-13

Tiffany Young becomes first artist signed by label PMG Korea

Singer Tiffany Young has signed an exclusive contract with the Korean branch of Pacific Music Group (PMG), the company said Thursday.

2026-04-02

Downtown companies pressuring workers to take paid leave ahead of BTS show, alleges civic group

Some companies are reportedly pressuring employees to use their paid leave ahead of BTS’s long-awaited performance at Gwanghwamun in central Seoul scheduled for Saturday.

2026-03-18

SK Inc. to retire $3.5 billion in treasury shares

SK Inc. will retire treasury shares worth 5.16 trillion won, or $3.51 billion, representing all its holdings except those reserved for employee compensation, the company said in a regulatory filing on Tuesday.

2026-03-10